(2021-10-28). African Union, World Bank Suspend Sudan, Demand Junta Relinquishes Power. southfront.org Click to see full-size image | On October 27th, the African Union said it had suspended Sudan until civilian rule in the country is restored, saying it rejected the military takeover as an "unconstitutional" seizure of power. | The continent-wide bloc said it "strongly condemns the seizure of power" and was suspending Sudan from all AU activities "until the effective restoration of the civilian-led transitional authority". | Following that, the World Bank also suspended Sudan. | Sudan's PM is ba…
(2021-10-28). Democrats abandon plans to tax corporations and the wealthy. wsws.org The collapse of various tax plans demonstrates the absolute power of the financial aristocracy over Congress and the White House.
(2021-10-28). Workers Struggles: Europe, Middle East & Africa. wsws.org Danish nurses continue 11-week-long one-hour wildcat strikes over pay and understaffing; ScotRail Sunday stoppages over equal overtime pay widen as workers to strike over pay offer during COP26 climate summit; protests across Lebanon over fuel price hikes as economy in collapse; workers in Cross River State, Nigeria, continue pay and conditions stoppage begun October 12, defying court order…
(2021-10-28). What's behind Tesla's $1 trillion market valuation? wsws.org Tesla's rise is bound up with both the debt bubble hanging over the economy and the growth of the electric vehicle market.
(2021-10-28). Amazon Canada workers need organizations of struggle, not pro-corporate Teamsters. wsws.org Amazon workers are brutally exploited, but the unionization drive launched by the corporatist Teamsters has nothing to do with mobilizing them to put an end to poverty wages and a punishing, injury-inducing work regime.
(2021-10-28). Vaccine Inequity: Meet the Doctor Refusing a Booster as Rich Nations Get 16x More Doses Than Poor. democracynow.org Wealthy nations have received over 16 times more COVID-19 vaccines per person than poorer nations dependent on the COVAX program backed by the World Health Organization, according to a new Financial Times analysis. COVAX, which was set up to ensure global equitable access to vaccines, has delivered only 400 million doses after promising 1.4 billion this year. Higher-income countries struck separate vaccine deals with manufacturers, leaving COVAX with less negotiating power. While the United States rolls out booster shots and stockpiles six vaccines per person, less than 3% of people in low-income countries have r…
(2021-10-28). Moody's rating agency warns of "systemic risk" in private credit. wsws.org The private credit market has undergone an expansion since the global financial crisis of 2008 and its growth accelerated after the March 2020 crisis at the onset of the pandemic.
(2021-10-28). Headlines for October 28, 2021. democracynow.org Biden Set to Announce "Framework" for Revised Social Spending and Climate Bill, Iran to Rejoin Talks to Restore Nuclear Deal Abandoned by Trump, Top U.S. General Compares Chinese Hypersonic Missile Test to "Sputnik Moment", U.S. Voices Rare Criticism as Israel Announces Plans to Further Expand Illegal Settlements, COVID-19 Sickened Nearly 60,000 Meat Industry Workers During Pandemic's First Year, Inexpensive Antidepressant Fluvoxamine Shows Promise as COVID-19 Therapeutic, Merck to Allow Generic Manufacturing of Pill That Reportedly Can Cut COVID-19 Deaths by Half, Nor'easter Rips Through New England, Cutting Pow…
(2021-10-28). Extinction Rebellion activists blockade then break into UK's largest oil refinery to roll out 'no future in fossil fuels' banner. rt.com Extinction Rebellion has deployed its infamous pink boat to blockade the entrance to Hampshire's Fawley ExxonMobil oil refinery, with demonstrators cutting through the site's electric fence to unveil a banner over its oil silos. | In a statement released on Thursday, the climate activist group confirmed they had broken into the Fawley Oil refinery to "demand that the Government stops all new fossil fuel investments immediately." | 15 activists, including British Olympians Laura Baldwin and Etienne Stott, descended on the site in the early hours of the morning, with several of the activists breaching the electr…
(2021-10-28). No new anti-socialist laws! Defend the SGP against the German secret service! wsws.org On November 18, the Berlin Administrative Court will begin hearing the case of the Sozialistische Gleichheitspartei (Socialist Equality Party, SGP) against the Federal Republic of Germany. The SGP is defending itself against being subject to surveillance by the secret service and being named as "left-wing extremist" in the secret service annual report.
(2021-10-27). Chinese FM elaborates on China's policy towards Afghanistan. ecns.cn Chinese State Councilor and Foreign Minister Wang Yi on Tuesday briefed the media on his contact with the delegation of the Afghan Taliban's interim government before he left the Qatari capital of Doha.
(2021-10-27). White paper elaborates on China's initiatives in tackling climate change. ecns.cn Faced with unprecedented challenges in global climate governance, the international community needs to respond with unprecedented ambition and action, said a white paper released Wednesday by the State Council Information Office.
(2021-10-27). Imperial Launches New Early Years Centre in White City. imperial.ac.uk In collaboration with Old Oak Primary School, Imperial now offers childcare services to its staff and student parents near Hammersmith and White City.
(2021-10-27). Minneapolis forum: 'No New Cold War on China!'. fightbacknews.org Minneapolis, MN – On October 23, the Twin Cities District of Freedom Road Socialist Organization held an educational event at the University of Minnesota titled "No New Cold War Against China!" The event was part of a yearly celebration of the October socialist revolutions which occurred in Russia (1917) and China (1949). The event's speakers were Autumn Lake of the Anti-War Committee, Mick Kelly of Freedom Road Socialist Organization and Danny Haiphong of the Black Agenda Report and Friends of Socialist China. | Speakers discussed a wide range of topics related to the ongoing intensification of U.S. aggress…
(2021-10-27). Washington should stop politicizing market economy rules. ecns.cn Common sense teaches that a market economy always features openness, fairness and the principle of non-discrimination.However, in recent years, those rules have been largely abused by the United States as a political tool to rake in self-interests in global competition.
(2021-10-27). IMF Surcharges: "Regressive" and "Bad News for the World Economy" cepr.net On October 5, CEPR Co-Director Mark Weisbrot joined Nobel laureate economist Joseph Stiglitz, economics professor and CEPR Senior Fellow Jayati Ghosh, and Martín Abeles of Economic Commission for Latin America and the Caribbean (ECLAC) on a panel discussing the International Monetary Fund (IMF) surcharges policy.
(2021-10-27). Bad Economic News: Reality Trumps Capital-Centered Anticonsciousness. dissidentvoice.org For months, the ruling elite at home and abroad have used their media to incessantly repeat the nonsense that economies around the world are doing very well and rebounding nicely. Endless headlines from around the globe screamed wantonly about how economies everywhere were breaking all kinds of growth records and that everything looked bright and …
(2021-10-27). Washington Tries To Sabotage Economic Cooperation Between China And Pakistan. southfront.org Illustrative ImagePakistani authorities reveal US' attempts to harm economic alliance between Beijing and Islamabad. | Written by Lucas Leiroz, research fellow in international law at the Federal University of Rio de Janeiro. | In the contemporary world, cooperating economically with China is something practically inevitable for most countries, especially for emerging powers such as Pakistan. Sharing geographic proximity and common regional enemies, Pakistan and China have strengthened bilateral ties in recent years, building a solid economic alliance and integrating Islamabad into BRI's business route. However,…
(2021-10-27). Home Health Care: Latinx and Black Women are Overrepresented, But All Women Face Heightened Risk of Poverty. cepr.net Given the momentum of shifting to home-based, noninstitutional long-term care for the majority of aging adults, it is vital to raise wages and ensure sufficient hours, as well as to enhance the training opportunities and earnings associated with jobs in this industry.
(2021-10-27). Hunger, poverty and disease: Tackling the triple burden of malnutrition. imperial.ac.uk Imperial's Global Development Hub brought together world-leading experts to share insights on how to tackle malnutrition worldwide.
(2021-10-27). "No Way Out": Taxi Drivers, Allies Enter 2nd Week of Hunger Strike Against Crushing Medallion Debt. democracynow.org New York City taxi drivers have entered their second week of hunger striking outside City Hall to demand that the mayor grant debt relief for thousands of drivers impacted by the taxi medallion price crash. Many drivers purchased taxi medallions, the permits required to drive a taxi, for upwards of $1 million. After the incursion of ride-sharing apps like Uber and Lyft, as well as more recent plummeting demand for taxis due to the pandemic, they are now only worth about $100,000. Faced with massive debt and financial ruin, at least nine drivers have died by suicide. Taxi driver Augustine Tang, who has been on hun…
(2021-10-27). Harvard graduate student workers to begin three-day strike October 27. wsws.org The university is offering below-inflation wages even as its endowment swells 27 percent to $53.2 billion.
(2021-10-27). Australian government announces sham net zero carbon emissions climate target. wsws.org Morrison hopes his target will reduce mounting international pressure, thereby allowing Australian capitalism to continue to function as one of the world's worst greenhouse gas emitters.
(2021-10-27). Right-wing LDP expected to maintain majority in upcoming Japanese election. wsws.org The likely victory of the Liberal Democratic Party is not an endorsement of their policies but stems from the political bankruptcy of the "progressive" bloc in Japan.
(2021-10-27). Kiev Brandishes Bayraktar UAV Near Donetsk In Preparation For Hostilities. southfront.org | DEAR FRIENDS. IF YOU LIKE THIS TYPE OF CONTENT, SUPPORT SOUTHFRONT WORK : | BITCOIN (BTC): bc1qv7k70u2zynvem59u88ctdlaw7hc735d8xep9rq : | BITCOIN…
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(2021-10-27). Don't Be Fooled Squid Game Fans, the United States is More Unequal Than South Korea on Several Measures. cepr.net South Korea is an extremely unequal country, but at the same time, it has taken significant concrete steps to reduce inequalities, especially when it comes to families and children.