The hypocrisy of the rich has never been more glaring since the release of the Panama Papers. While the rest of the world is reeling about the scandal, we cannot forget Canada's own tax haven. Canada is not immune to the scandalous use of tax havens among the rich and famous. At least 350 wealthy Canadians listed in the documents have been implicated in the shadowy practices of tax dodging. This has proven what many Canadians already knew: that there is one set of rules for the rich, and another more punishing set of rules for everyone else.

The Brazilian Senate has just voted by a majority of 55 votes to 22 to impeach the President Dilma Rousseff. Michel Temer, the Vice-President, and member of the bourgeois PMDB, is now making preparations to form a new right-wing government. This marks the end of a long period of relative political stability in Brazil. The economy is in its worst recession since the 1930s. It is in this context that we can understand the recent dramatic shifts and turns in the political situation.

The 1st May in Brazil occurred in this year amid the deepening economic crisis and the political crisis in the country with the opening of impeachment of President Dilma Roussef, driven by the bourgeoisie to raise a government able to implement deeper the austerity measures demanded by capital.

Following a hugely successful three-month campaign which received support from around the planet, the US section of the IMT is thrilled to announce that we have obtained offices in New York City. This is a tremendous victory for our organization and an important step for the growth of the forces of Marxism in the US. This achievement comes at a time when interest in the ideas of socialism and revolution have reached unprecedented levels in modern memory.

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