(2022-05-04). The Economic Consequences of the War. scheerpost.com Economic crisis that will seriously affect Russia in 2022 due to the conflict with Ukraine. Bankruptcy and crisis concept. By By Rajan Menon / In 1919, the renowned British economist John Maynard Keynes wrote The Economic Consequences of the Peace, a book that would prove controversial indeed. In it, he warned that the dracon…
(2022-05-04). 2022 Forecast for Venezuela's Economy. orinocotribune.com The growth in the Venezuelan economy is confirmed by studies that are constantly carried out by various multilateral organizations. Positive forecasts coincide when experts analyze Venezuela's performance for the year 2022 . | As can be seen in various publications in the media and on social networks, everything points to the continued growth of the productive economic apparatus in the months to come. While the figures differ in some cases, they agree on the conclusion that economic indicators are positive, following the nation's exit from hyperinflation. | GDP growth estimates vary from 1.5%—according to t…
(2022-05-04). Turkey is aiming to repatriate over one million Syrian refugees, claims Erdogan. peoplesdispatch.org Nearly four million Syrian refugees in Turkey are facing increased xenophobia with most of the opposition blaming them for the current economic problems and demanding their repatriation…
(2022-05-04). Australian central bank interest rate rise targets wages, as it hits home buyers. wsws.org In the midst of the federal election, the Coalition government and Labor opposition, while pointing fingers at each other over the interest rate rise, are both committed to imposing the burden of global economic crisis on working people.
(2022-05-04). What's Behind Inflation? Greedy Corporate Executives. otherwords.org Today, CEOs of big corporations are playing the tricky "Inflation Blame Game." | Publicly, they moan that the pandemic is slamming their poor corporations with factory shutdowns, supply chain delays, wage hikes, and other increased costs. But inside their board rooms, executives are high fiving each other and pocketing bonuses. | What's going on? | The trick is that these giants are in non-competitive markets operating as monopolies, so they can set prices, mug you and me, and scamper away with record profits. In 2019 for example, before the pandemic, corporate behemoths hauled in roughly a trillion dollars in pr…
(2022-05-04). Grinnell College Becomes First Fully Unionized Undergraduate School In U.S. popularresistance.org On April 26, student workers at Iowa's Grinnell College elected to create the first wall-to-wall undergraduate student union in the country, expanding their Union of Grinnell Student Dining Workers (UGSDW) to include all hourly student workers. | On March 4, UGSDW and Grinnell College signed "a first-of-its-kind neutrality and election agreement," which, members of the union explained in Labor Notes, "legally binds the College to respect the results of an election." On the night of the 26th — delayed from April 21, the original ballot-count date, after a toxic gas leak at the local National Labor Relations…
(2022-05-04). West Michigan unions and immigrants rally for May 1, International Workers Day. fightbacknews.org Grand Rapids, MI – West Michigan labor unions, politicians and socialist groups rallied and marched for International Workers Day on May 1 in Grand Rapids, Michigan. More than 70 union members and Asian-American, Chicano/Mexicano, and Black community activists and politicians gathered. The local unions also expressed solidarity for immigrant rights and justice for Patrick Lyoya, the young African man executed by Grand Rapids police officer Christopher Schurr. | "Solidarity and the need to organize and win power for workers has to be the focus of unions in the aftermath of the COVID pandemic. Work is being redefi…
(2022-05-04). Amazon Labor Union rejected in vote at second warehouse, following its embrace of AFL-CIO and Democratic Party. wsws.org The attempt to use the ALU as cover for the bureaucracy and the Democrats appears to have backfired spectacularly. Instead, the exact opposite happened: the ALU managed to discredit itself within a few short weeks by its association with these layers.
(2022-05-04). Noam Chomsky sobre Julian Assange: Cometió un pecado capital al develar crímenes de los Estados Unidos. cubadebate.cu En una reciente entrevista, realizada por su fiel colaborador, C. J. Polychroniou, Noam Chomsky, una de las más destacadas personalidades académicas vivas, comparte su opinión sobre el caso de Julian Assange y lo que revela sobre los principios democráticos estadounidenses su ya casi segura extradición a los Estados Unidos, por haber cometido el "delito" de divulgar información pública sobre las guerras de Afganistán e Irak. Cubadebate reproduce este fragmento…
(2022-05-04). Mayo Clinic invests in laboratory expansion to enhance patient care. newsnetwork.mayoclinic.org ROCHESTER, Minn. — To support the ongoing investment in patient care, Mayo Clinic is investing in a major laboratory expansion project at Mayo Clinic in Rochester. The expansion includes a $49 million investment in the laboratory. Construction for the project has started and will continue through 2025. The expansion project will increase laboratory space at Mayo Clinic's Superior Drive Support Center in Rochester. The new laboratory space will house several clinical laboratories that reside in…
(2022-05-04). øNecesidad o alternativa?: Los desafíos del pluriempleo en Cuba. cubadebate.cu En Cuba, a diferencia de otros países, "no hay una tendencia al pluriempleo", aun cuando desde 2009 se legalizó como alternativa laboral. Según la ministra de Trabajo y Seguridad Social, Marta Elena Feitó Cabrera, esto se debe a la gratuidad en los servicios de salud y educación. También inciden, como señalaron comentarios en Cubadebate, la burocracia, las rigideces y el desconocimiento de lo normado.
(2022-05-04). La cultura francesa en Cuba durante todo mayo. cubadebate.cu La cultura francesa en todo su esplendor llegará nuevamente a Cuba del 3 al 26 de mayo, como parte de una festividad que cuenta con un prestigio consolidado en una isla donde la cultura brilla en cada espacio. En el Mes de la Cultura Francesa artistas de ese país europeo visitarán la mayor de las Antillas y colaborarán con creadores del patio.
(2022-05-04). COVID-19 shines a spotlight on laboratory professionals' vital role in health care. newsnetwork.mayoclinic.org National Medical Laboratory Professionals Week, April 24—30, honors and recognizes the dedication, innovation, and expertise that clinical lab professionals bring to patient care. Over the last two years, clinical laboratory professionals have shown extraordinary dedication in the fight against COVID-19. Their commitment and hard work during this difficult time has made a difference in the lives of people across the globe. "Throughout the pandemic, we have seen the power of teamwork in health care. And…
(2022-05-04). Community challenges Green Line subway extension that threatens Somerville residents with displacement. liberationnews.org Working class residents around the new station are already facing displacement as their apartments are bought out by developers who hope to raise rents and attract wealthier tenants.
(2022-05-04). The Met Gala and the hubris of wealth. wsws.org On the first Monday in May each year a spectacle of excess is staged in the Metropolitan Museum of Art in New York City — the Met Gala. The red carpet rolls out for the billionaires and their hangers-on, the politicians and parasites, and the celebrities competing in what is known as the Oscars of fashion.
(2022-05-04). CNH Industrial beats first quarter earnings estimates while threatening to break US strike. wsws.org While touting the company's strong financial results Tuesday's earnings call, CNH's CEO adopted a harsh and arrogant tone towards the strike launched by workers Monday.
(2022-05-04). "Preemptive Nuclear War": The Historic Battle for Peace and Democracy. A Third World War Threatens the Future of Humanity. globalresearch.ca US nuclear doctrine consists in portraying nuclear weapons as a means of "self defense" rather than a "weapon of mass destruction". There are powerful financial interests behind Joe Biden's $1.3 trillion nuclear weapons program initiated under Obama.
(2022-05-04). Most Price Increases from Inflation Have Gone to Corporate Profits. cepr.net In These Times | When the history of the 2020s is written, the current inflation panic could very well rival the "but her emails" canard surrounding Hillary Clinton in 2016: The impacts on U.S. politics have been profound, and decidedly negative from any progressive standpoint. | I have to admit that I previously understated the persistence of the price increases that started showing up last fall. As Yogi Berra is credited with saying, "Predict…
(2022-05-04). S. Korea inflation hits 13-yr high. en.mehrnews.com TEHRAN, May 03 (MNA) — South Korea's consumer inflation quickened far more than forecast and hit a more than 13-year high in April, boosting expectations in the bond market for more central bank interest rate rises this year.
(2022-05-04). Private Equity Investors Bet $100M On Kevin Hart Media Company: 3 Things To Know. moguldom.com Actor, comedian and entertainment mogul Kevin Hart has launched a new Hollywood production company called Hartbeat with the help of a $100 million investment from private equity firm Abry Partners. Abry invests in media, communication, and information ventures. With Hart's latest business move investment, Abry now holds a minority stake of 15 percent stake in …
(2022-05-04). German unions begin rolling strikes against money for arms. peoplesworld.org GERMAN social services and education workers began rolling strikes on Monday ahead of a new round of pay negotiations on May 16, warning the government not to spend money on arms that should go to raise wages and address climate change. Hundreds of striking social workers paraded through the streets in what the Ver.di general …
(2022-05-04). ALBA Movements vow to strengthen work against capitalism and imperialism. peoplesdispatch.org 260 delegates from 23 countries participated in the 3rd Continental Assembly of the ALBA Movements in Buenos Aires and addressed the platforms 6 key principles of work and unity.
(2022-05-04). New Orleans marchers call for worker and immigrant rights on May Day. fightbacknews.org New Orleans, LA — Community members gathered with activist and immigrant rights organizations at the Benito Juarez monument in New Orleans on May 1, to celebrate International Workers Day. | Speakers from Union Migrante, an immigrant workers' organization, recounted their experiences of discrimination and unequal access to essential public services. They called for solidarity in the spirit of May Day to win full equality for immigrants in the city, regardless of immigration status. | The demonstrators marched to City Hall, taking the street and chanting slogans in Spanish and English, including "Oye! Es…
(2022-05-04). Interior Minister of Venezuela: Civic-Military Union Defeated Operation Gideon. orinocotribune.com On Tuesday, May 3, the two year anniversary of Operation Negro Primero, which defeated the coup and assassination attempt Operation Gideon, was commemorated in La Guaira state, Venezuela. A ceremony was held in La Guaira, attended by the first vice president of the United Socialist Party of Venezuela (PSUV), Diosdado Cabello, as well as local civil and military authorities and members of the PSUV National Directorate. | During the ceremony, Cabello said, "This Revolution will live as long as we remain united in our struggles. Unity is the greatest guarantee of victories." | La estrategia Bolivariana al mando del…
(2022-05-04). Sri Lankan SEP discusses socialist program with Colombo protesters on May Day. wsws.org "Although I do not have much political knowledge, I feel that we will face the same problems with any government that will come to power through the parliamentary system," a carpenter explained.
(2022-05-03). Russian and US Escalations Raise Risk of Direct Military Clash in Ukraine. truthout.org As President Biden seeks $33 billion more for Ukraine, we look at the dangers of U.S. military escalation with Medea Benjamin of CodePink and George Beebe of the Quincy Institute. He is the former head of Russia analysis at the CIA and a former adviser to Vice President Dick Cheney. The massive spending in Ukraine that outweighs public funding to combat the coronavirus pandemic shows that "there are very few things that the Biden administration thinks are more important right now than defeating Russia, and I don't think that accords, actually, with the priorities of the American people," says Beebe. "To support t…
(2022-05-03). Putin, Zelensky both invited to G20: Indonesian president. ecns.cn The G20, he said, plays a catalyst role in the recovery of the world economy, adding that he had telephone conversations with both leaders of Russia and Ukraine this week.
(2022-05-03). Colorado nonprofit sends water filters to Ukraine. america.cgtn.com It's a daily necessity and it can also be a weapon of war. Water is playing a key role in the current conflict in Ukraine. According to the UN agency UNICEF, more than six million Ukrainians now have limited or no access to safe drinking …
(2022-05-03). Chinese firm puts 1st phase of Mero oilfield into production in Brazil. ecns.cn Mero oilfield Phase-I joint development project has been put into production in Brazil by China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of China's largest producer of offshore crude oil and natural gas.
(2022-05-03). Labor organizing in the U.S. in 2022: the anti-worker, anti-union corporate agenda. mronline.org Late capitalism has exposed the drastic inequalities inherent to our neoliberal economy.
(2022-05-03). China's Liaoning sees growth in int'l freight train services. ecns.cn Northeast China's Liaoning Province launched its 100th China-Europe freight train, which departed from its capital of Shenyang on Sunday, according to local transport authorities.
(2022-05-03). Analysts divided on U.S. economic prospect. ecns.cn "The underlying fact is this – Americans are spending, businesses are investing," although companies are not able to invest in inventories as much due in part to lingering supply chain issues, Baumohl said.
(2022-05-03). "Truce" imposed on Polish air traffic controllers' struggle. wsws.org Polish air traffic controllers are fighting back against the economic consequences of the coronavirus pandemic being dumped on them—their salaries cut by up to 70 percent, workloads increased, and safety rules undermined.
(2022-05-03). "Debt shaming" has dampened democracy. nationofchange.org As crucial steps to reduce income inequality, we need to reject "debt shaming" and insist on cancelation of student debt.
(2022-05-03). Rehabilitation for Prisoners Only. indybay.org Trying to find low-income drug programs in Northern California is nearly impossible unless you go to prison first.
(2022-05-03). Amazon Workers Fall Short On Second Staten Island Union Vote. popularresistance.org Amazon workers at a Staten Island distribution center who sought to join a union fell short of the needed votes — failing to repeat the history-making win of colleagues at a facility across the street, in a setback for labor organizing efforts against the e-commerce behemoth. | The National Labor Relations Board on Monday tallied 380 votes in favor of joining the upstart Amazon Labor Union at the LDJ5 facility, versus 618 who voted against. | The vote came amid what employees and their attorneys described as intensified efforts by Amazon management to discourage "yes" votes after last month's victory at the…
(2022-05-03). Will Amazon Workers' Win Infect Walmart Next? popularresistance.org The improbable April 1 victory of Amazon workers in Staten Island, who fought for over two years to establish the very first union at the retail behemoth, is inspiring other Amazon employees around the country and highlighting a new path forward for the labor movement. It may also reignite labor organizing at Walmart, where workers seeking to form unions have been thwarted for decades. | More than two years after Amazon employee Christian Smalls led a small walkout at JFK8, the company's sprawling distribution center on Staten Island, to protest its lack of COVID-19 health safety guidelines — soon after whi…
(2022-05-03). May Day March in Caracas—Venezuela Issues $2,200 Bonus to Retirees (Photos). orinocotribune.com This Sunday, May 1, the day on which Workers' Day is celebrated in most of the world, a large march took place in the streets of several cities across Venezuela. The one in Caracas was received by President Nicolás Maduro. When the march arrived at Miraflores Palace, the seat of the presidency, the head of state issued a series of pronouncements for the labor sector, including the announcement of a special single payment for retirees, the creation of a tourism system for workers and a digital bank. | In his speech, President Maduro acknowledged that in recent years retirees have been adversely affected by the eco…
(2022-05-03). Workers Are Tired Of Being Exploited And They're Fighting Back. popularresistance.org This past weekend, workers around the world celebrated May Day, also called Labor Day and International Workers Day. May Day marks the accomplishments and contributions of workers and reminds them of their rights. Clearing the FOG spoke with Stephanie Basile and Brittany Carloni of News Guild, part of the Communications Workers of America, about the many victories they have had in organizing media outlets over the past five years. They use a model that can be replicated everywhere of training member organizers and connecting them with other shops across the country to build a powerful labor movement that is democ…
(2022-05-03). Amazon workers: Loss in second warehouse won't stop us. peoplesworld.org STATEN ISLAND, N.Y.—Losing the union recognition vote at the second, smaller Amazon warehouse which the independent Amazon Labor Union targeted won't stop their organizing drive, its leaders say. Indeed, they add, they're planning for representing the 8,300 workers in the monster retailer's JFK8 warehouse, where they won convincingly weeks before—and they will be hosting a …
(2022-05-03). Biden May Invite Starbucks and Amazon Union Organizers to the White House. truthout.org The Biden administration may soon invite Starbucks and Amazon union organizers to the White House, potentially heeding Sen. Bernie Sanders's (I-Vermont) call to do so last week. | As White House insiders This would be a major show of support from the administration for ongoing labor movements that have b…
(2022-05-03). On May1 It's Time For A General Strike &Fighting Labor Movement! ILWU10 Former Pres Willis. indybay.org Trent Williis, fomer president of ILWU Local 10 spoke at the May 1st labor rally in San Franciscco.
(2022-05-03). Beijing ups restrictions to contain latest COVID-19 flare-ups. ecns.cn The Chinese capital city of Beijing intensified restrictive measures against COVID-19 on Saturday to best reduce cross-infection as high mobility is expected during the five-day Labor Day holiday starting from Saturday.
(2022-05-03). China holds "emergency" conference over sanctions threat. wsws.org Government and financial officials in Beijing are on alert, fearing that the unprecedented financial sanctions imposed on Russia could be used against China.
(2022-05-03). Deutsche Bank: A Major Recession Is Coming To America. moguldom.com The U.S. is headed for a major recession as the Federal Reserve continues to pursue its hawkish stance on stubbornly high inflation, according to Deutsche Bank economists. In a recent report, the bank said the Fed's interest rate hike could take longer than previously expected to tame inflationary pressure that has bedeviled the U.S. and …
(2022-05-03). UK: Unite enforces below-inflation pay deal at Chep, ending 21-week strike. wsws.org As is always the case in the murky world of the union bureaucracy, the full ramifications of the deal will only come clear in the next weeks.
(2022-05-03). Chevron strike in seventh week as oil industry announces first quarter profit bonanza. wsws.org The oil companies' soaring profits are a slap in the face to the tens of thousands of oil workers across the country demanding better pay and staffing.
(2022-05-03). Sri Lanka: Opposition JVP seeks to divert mass struggle into dead-end of parliamentary politics. wsws.org The JVP is promoting a fantasy—that an election and a new bourgeois government will be able to wave away the immense crisis of global and Sri Lankan capitalism and thus solve all the social ills facing working people.
(2022-05-03). Antidepressant Combinations Compared With Monotherapy. jamanetwork.com In a recent meta-analysis, combination antidepressant therapy was associated with superior outcomes to monotherapy for treatment of acute depression.
(2022-05-03). Post Office workers mount one-day UK-wide pay strike. wsws.org Industrial action was centred on the 114 Crown Offices (those directly operated by…