(2022-01-25). Why the US and NATO want war with Russia. wsws.org The ruling classes in the United States and Europe confront a series of intractable economic, social and political crises, all of which have been exacerbated by the pandemic. They are turning to war in a desperate attempt to find a way out.
(2022-01-25). Invasion canard aside, U.S./NATO must deploy more troops against Belarus, Russia in Baltics: Estonian PM. antibellum679354512.wordpress.com Kallas calls for more US forces in Baltics Russia's biggest deterrence is the American flag, Prime Minister Kaja Kallas told the Financial Times while calling for more U.S. forces to be brought to the Baltics. Kallas told the newspaper that Nato should strengthen its presence in Estonia, Latvia and Lithuania whether Russia invades Ukraine or …
(2022-01-25). China's steady economy facilitates RMB ranking promotion in global payments: expert. ecns.cn The stable economic situation has facilitated rankings promotion of Chinese currency renminbi (RMB) in global payments, an expert said Tuesday.
(2022-01-25). Care Workers Are Not Giving up on Build Back Better. zcomm.org Over 35,000 people joined a recent telephone town hall to kick off a six-week campaign to protect investments in the care economy…
(2022-01-25). "Upswing" authors look to history for signs of progress today. cpusa.org The Upswing: How America Came Together a Century Ago and How We Can Do It Again By Robert D. Putnam with Shaylyn Romney Garrett (Simon & Schuster, 2020) Is social, economic, and political history repeating itself? Robert D. Putnam, best known for his 2000 book Bowling Alone, and his co-author argue here that the …
(2022-01-25). In face of protests, US judge imposes Puerto Rico debt restructuring plan. wsws.org Puerto Rico's 25 years of financial implosion and economic decline will now take a new turn with the approval of the debt restructuring plan.
(2022-01-25). Xinjiang's economic highlights in 2021. ecns.cn
(2022-01-25). Sinhala chauvinist JVP promotes itself as alternative Sri Lankan government. wsws.org JVP leader Dissanayake offers a government of technocrats, as if new faces will solve Sri Lanka's profound economic problems that are rooted in the worsening crisis of global capitalism.
(2022-01-25). Poverty surging so fast in UK that foodbanks unable to keep up with demand. wsws.org In the six months from April 2021, Trussell Trust foodbanks distributed 936,000 parcels, but as the new year sees many more workers thrust into poverty and desperation, this is expected to sharply increase.
(2022-01-25). China's domestic consumption further recovers in 2021. ecns.cn Despite the impact of COVID-19, China's consumer market in 2021 saw steady recovery, exhibiting strong vitality and resilience, according to the commerce ministry Tuesday.
(2022-01-25). PREVIEW: What to Look for In the Fourth Quarter 2021 GDP Report. cepr.net GDP growth for the fourth quarter should bounce back from the 2.3 percent figure from the third quarter, likely coming in at close to 5.0 percent.
(2022-01-25). ASEAN 3 GDP to grow 4.9 pct in 2022: report. ecns.cn The regional gross domestic product (GDP) growth of 10 ASEAN member states plus China, Japan and South Korea will be 4.9 percent for 2022, a recent report showed.
(2022-01-25). South Australian teachers vote for strike action against dangerous school reopenings. wsws.org The ballot demonstrates the intense hostility of teachers to the profit driven reopening of the schools amid surging COVID cases, not only in South Australia but across the country.
(2022-01-25). Israeli soldier jailed for Gaza TikTok video. rt.com The serviceman can be seen firing across the border into the Palestinian territory | On Tuesday, the Israel Defense Forces (IDF) said a serviceman who shared a video of himself firing rounds into Gaza had been sentenced to 10 days in military prison. | "The soldier's behavior in the video does not conform with the norms expected of soldiers and commanders," the IDF said in a statement cited by The Times of Israel. Officers concluded that the shooting did not comply with open-fire regulations. | The soldier had posted a video of himself on the TikTok social media app in which he can be seen shooting in the air…
(2022-01-25). Met Police launch investigation into Downing Street parties. rt.com Boris Johnson has been under increasing pressure to resign following reports of a lockdown birthday party attended by 30 staff | The Metropolitan Police have confirmed that an investigation has been launched into "a number of events" held at Downing Street over potential breaches of Covid rules. | "I can confirm that the Met is now investigating a number of events that took place at Downing Street and Whitehall in the last two years in relation to potential breaches of Covid-19 regulations," Police Commissioner Cressida Dick said in a statement on Tuesday. | Speaking to the London Assembly on Tuesday, Dick sta…
(2022-01-25). NATO's Tentacles from Europe to Latin America. orinocotribune.com By Geraldina Colotti — Jan 21, 2022 | International analysts are often, and understandably, asked whether there will be a change in U.S. foreign policy depending on whether a Republican or Democratic president rules the White House. Since, for a Marxist, it is always a good idea to flee from Manichaeism and look at the concrete situation in its historically determined class relations, to point out that, at the international level, the essence of U.S. foreign policy presents no discontinuities, it is not an ideological position-taking. | "Everything changes so that nothing changes" is a scheme that fits well…
(2022-01-25). Five conditions for a democratic workplace. zcomm.org An ongoing debate on postcapitalism…
(2022-01-25). Tesla fights back against JPMorgan over Musk tweet. rt.com US electric car manufacturer countersues banking giant over disputed bond contract | Tesla submitted a filing in Manhattan federal court on Monday, accusing JPMorgan of "bad faith and avarice" for demanding $162.2 million after the bank had unilaterally changed the terms of warrants it received when the electric carmaker sold convertible bonds back in 2014. | Warrants allow holders to purchase company stock at a set "strike" price and date. | "JPMorgan pressed its exorbitant demand as an act of retaliation against Tesla both for it having passed over JPMorgan in major business deals and out of senior JPMorgan…
(2022-01-25). PSUV Congress Convenes February 4 with Focus on Political Training. orinocotribune.com This Monday, January 24, the Vice President of the United Socialist Party of Venezuela (PSUV), Diosdado Cabello, announced that the Congress of the PSUV and the party's youth wing (JPSUV) will begin on February 4, in order to continue advancing in the training of its members. | During a press conference, Cabello said that the PSUV has made the training of party members a fundamental priority for this year, particularly those members who hold positions in the government, who pass through the training school. | "We hope that the Congress of the PSUV and the JPSUV will be very inclusive, we must continue along the p…
(2022-01-25). Fiscalía General de la República informa sobre estado de los procesos penales derivados de los disturbios provocados el 11 de julio de 2021. cubadebate.cu Para la Fiscalía General de la República constituye un deber continuar informando al pueblo y a la opinión pública internacional sobre la respuesta legal dada a los graves hechos ocurridos el 11 de julio de 2021, que atentaron contra el orden constitucional y la estabilidad de nuestro Estado socialista.
(2022-01-24). Turkey's Sociopolitical Crisis is getting Worse. journal-neo.org Turkey has lately shown signs of a clearly growing socio-political crisis in the country. Its economy is going through a difficult, if not disastrous, phase: the lira is plummeting, foreign exchange reserves are shrinking, external debt and unemployment are skyrocketing. All this raises doubts about the republic's financial and economic prospects and the sustainability of …
(2022-01-24). China maps five-year plan for building modern distribution system. ecns.cn China's top economic planner on Monday unveiled plans for a modern distribution system over the 14th Five-Year Plan period (2021-2025).
(2022-01-24). Bidenomics, One Year Later. indybay.org The Center for American Progress takes a different approach, examining the successes of President Biden's bold economic policies and calling for the continuation and expansion of those policies in the years ahead by making permanent expansions to the safety net, providing rental assistance to families facing down the end of local eviction moratoriums.
(2022-01-24). Inflation and threat of interest rate rise send tremor through financial markets. wsws.org Wall Street's tech-heavy NASDAQ index has now fallen by more than 10 percent since it reached its record high last November and is now designated as in "correction" territory.
(2022-01-24). Fatal housefire in Pontiac, Michigan, highlights poverty in former GM manufacturing center. wsws.org Last week's tragic fire highlighted the dangerous housing conditions and poverty in the city, which has been left destitute by General Motors.
(2022-01-24). How to overthrow a life-threatening capitalism? mronline.org Capitalism jeopardizes the survival of humanity on earth. It reduces the price of the labour of reproducing labour power when it cannot make women do it for free within the family. How can we overcome it while putting the defence of life at the centre of our concerns?>
(2022-01-24). Omicron outbreak in New Zealand. wsws.org The Labour Party-led government is predicting thousands of daily cases in a matter of weeks. Prime Minister Jacinda Ardern confirmed that its policy is to let the deadly virus spread.
(2022-01-24). Lack of virus protection forces Santa Cruz workers to plan strike. peoplesworld.org SANTA CRUZ, Calif. —Refusal to invest more money in public health services to protect residents against the coronavirus pandemic forced the Santa Cruz County, Calif., workforce to plan an unfair labor practices strike, starting January 25, their union announced. The county's "last, best, and final offer" was completely inadequate on that issue and others affecting …
(2022-01-24). Imperial and The George Institute renew collaboration to drive health innovation. imperial.ac.uk Successful initial collaboration leads to‚ÄØa new‚ÄØfive-year commitment to drive health innovation, targeting LMICs and under-served communities in HICs.
(2022-01-24). Laboratories move to White City: new opportunities and incredible views. imperial.ac.uk As four epidemiology teams settle into their new spaces, we check in with the researchers to find out what they are up to on the White City campus.
(2022-01-24). Mia Mottley takes office as Prime Minister of Barbados for a second term. peoplesdispatch.org Mia Mottley of the Barbados Labor Party (BLP) was re-elected as Prime Minister of the Republic of Barbados for a second consecutive term. Her party, the BLP, won a resounding victory in the general elections held on January 19…
(2022-01-24). MLK Day Strike By NUHW Kaiser Mental Healthcare Workers To Stop Systemic Racism. indybay.org A strike was held by National Union Of Healthcare Workers NUHW healthcare workers at Kaiser on MLK day. They were protesting the failure of Kaiser to honor their pledge to make it a holiday. They also talked about the systemic racism at Kaiser.
(2022-01-24). Congreso Internacional Universidad 2022 reunirá en La Habana a académicos de más de 20 países. cubadebate.cu El Congreso Internacional Universidad 2022 se desarrollará del 7 al 11 de febrero próximo en el Palacio de Convenciones de La Habana, con la participación de alrededor de 200 delegados de más de 20 países, informaron este lunes autoridades académicas. Universidad 2022 será un espacio para la rúbrica de acuerdos de colaboración entre Cuba y Rusia, Bulgaria y México.
(2022-01-24). Australian Labor and Coalition governments sending hundreds of thousands of children and teachers into COVID-infested schools. wsws.org The endorsement by the unions of the reckless return to face-to-face learning has been met with anger from teachers.
(2022-01-24). UK begins evacuation of diplomats from Ukraine. rt.com London has commenced withdrawing diplomatic staff amid fears that a Russian invasion of Ukraine is imminent | Britain has ordered the withdrawal of staff from its embassy in Kiev "in response to growing threat" from Moscow, as tensions on the Ukrainian-Russian border continue to remain high amid Western fears that the Kremlin is planning an invasion. | In an update published on the website of the Foreign, Commonwealth and Development Office (FCDO), it was revealed that London has opted to "temporarily" withdraw some staff and their dependants from Kiev, noting that the embassy would remain open and continue pr…
(2022-01-24). Reports Of Crypto-Backed DeFi Loans On Celsius (CEL) Getting Margin Called: 'I'm About To Get Liquidated'. moguldom.com Some people who took out loans backed by cryptocurrencies are experiencing a hangover due to margin calls sent out by at least one loan company after a brutal week that saw the prices of most digital coins fall dramatically. Bitcoin and other cryptocurrencies crashed last week, with around $1.5 trillion wiped from the combined cryptocurrency …
(2022-01-24). China's Wuhan posts robust GDP growth in 2021. ecns.cn Wuhan, capital of central China's Hubei Province, once hit hard by the COVID-19 epidemic in 2020, notched up 12.2 percent GDP growth in 2021, local authorities said Monday.
(2022-01-24). GDP of 'world factory' in China exceeds 1 trillion yuan. ecns.cn The latest statistics show that the city of Dongguan, dubbed the "factory of the world," in south China's Guangdong Province, reported a GDP of over 1 trillion yuan (157.7 billion U.S. dollars) in 2021, up 8.2 percent year on year.
(2022-01-24). Continuing King's 'Revolution of Values'. zcomm.org King spent his last birthday organizing poor people of all races against immoral spending priorities. We need that revolution today…
(2022-01-24). Behind the Extractivist Criticism of Progressive Governments Lies the Shadow of Conservative Restoration. orinocotribune.com Editorial note: As a rule Orinoco Tribune does not generally re-publish opinion pieces more than 10 days after their original publication, but in this case we are making an exception, because this is an issue that demands attention. OT does not necessary share Linera's comments about J.V. Stalin. | By Alvaro García Linera — Jan 20, 2022 (originally composed in 2013) | In the face of the naive leftism that thinks that a society can escape world domination by itself, Lenin and Marx remind us that capitalism is planetary, and that the only way to overcome it is also planetary. Therefore the struggles and effort…
(2022-01-24). All Workers Should Share the Benefits of Growth, Raise the Federal Minimum Wage. cepr.net It is time for Congress to say that employers in some states can't exploit their workers, even when the state's politicians want to preserve that option.
(2022-01-24). Lost Opportunities in Joe Biden News Conference. zcomm.org Calling himself a "union guy" for decades, Biden inexplicably did not give a shout-out for a higher federal minimum wage, now frozen at $7.25 an hour…
(2022-01-24). China's yuan going from strength to strength. rt.com Positive trade balance underpins growth of national currency as overseas demand for Chinese-made goods surges | In 2021, Beijing's trade surplus reached an all-time high of $676 billion, boosted by buoyant demand for Chinese-made goods across the world, while a major decline in outbound travel amid the Covid pandemic also limited the deficit in services trade. | The surplus on China's current account climbed to an eight-year high of $224.2 billion, while the capital account surplus hit $83.2 billion, the highest since records began in 2010, Bloomberg reports, citing calculations based on data released by the S…
(2022-01-24). PCC y PSOE abogan por un mayor diálogo político bilateral. cubadebate.cu El vicejefe y coordinador del Departamento de Relaciones Internacionales del Comité Central del PCC, àÅngel Arzuaga Reyes, sostuvo un encuentro con el secretario adjunto de Organización del Partido Socialista Obrero Español y diputado al Congreso, Julio Navalpotro. Ambas partes se pronunciaron por mantener y desarrollar el diálogo político bilateral.
(2022-01-24). Chile's Boric includes communists in female-majority cabinet. peoplesworld.org Three communists have been appointed to ministerial posts in the cabinet of Chilean President-elect Gabriel Boric, which also includes Maya Fernandez Allende, the granddaughter of slain former president Salvador Allende. She will take up…
(2022-01-24). Former supreme court official expelled from CPC, office. ecns.cn Meng Xiang, former chief of the enforcement bureau of the Supreme People's Court, has been expelled from the Communist Party of China (CPC) and dismissed from public office over serious violations of Party discipline and laws.
(2022-01-24). Former senior banking regulatory official expelled from CPC for power abuse. ecns.cn Cai Esheng, former vice chairman of China's top banking regulatory body, has been expelled from the Communist Party of China (CPC) for grave violations of Party discipline and laws.