(2022-05-04). Putin steps up actions against unfriendly states. ecns.cn Russian President Vladimir Putin signed a decree on Tuesday that bans economic relations with sanctioned individuals from "unfriendly countries" on a soon-to-be-published list.
(2022-05-04). Tax, fee cuts put enterprises in stronger position. ecns.cn China's continued tax and fee cuts and the recent move of refunding value-added tax credits to businesses are helping market players withstand economic headwinds and are critical in supporting growth this year, an official said.
(2022-05-05). Proyecto de Ley del Sistema de Recursos Naturales y del Medio Ambiente: Nuevas realidades y enfoque sistémico. cubadebate.cu Uno de los proyectos de leyes que abordará el Parlamento en su quinta sesión extraordinaria de la novena legislatura es el del Sistema de los Recursos Naturales y del Medio Ambiente. El texto legal, fruto de un proceso de análisis y estudio, consultas, conciliaciones y elaboración que comenzó años atrás, derogaría la vigente Ley 81, Del Medio Ambiente (1997).
(2022-05-04). U.S. Fed raises interest rates by half point, ramping up inflation fight. ecns.cn The U.S. Federal Reserve on Wednesday raised its benchmark interest rate by a half percentage point, marking the sharpest rate hike since 2000, as it takes more aggressive steps to rein in the highest inflation in four decades.
(2022-05-05). Sacha Llorenti: "ALBA-TCP is Fundamentally Anti-Imperialist" orinocotribune.com 
During the III Continental Assembly of ALBA Movements, allied platforms spoke about the importance of building unity and fighting imperialism and capitalism together | A central discussion throughout the III Continental Assembly of ALBA Movements was on the challenges that people's movements face in the medium and long term. One of the key strategies of ALBA movements has been strengthening over the last couple of years has been to build not only with organizations involved in its work across the continent but also to work with other platforms of people's movements and organizations that are resisting capitalism…
(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). The Left and its Deplorable Role in Ukraine's War. libya360.wordpress.com Juanlu González In 1964, Marcuse warned about the loss of revolutionary capacity in the West due to the triumph of repressive measures implemented by advanced industrial societies to silence any kind of intellectual dissent through the media, advertising, propaganda, and the most unbridled consumerism. At that time, it heralded the birth of the One-Dimensional Man,…
(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). 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). Fed, Biden And Treasury Secretary Yellen Got Inflation All Wrong: 5 Things To Know How They Missed It. moguldom.com Early in Joe Biden's presidency, the commander in chief pointed to lower unemployment as a sign of a rebounding economy amid the pandemic, even as leading polls were sounding the alarm that inflation would be a problem for him. With inflation running at a 40-year high, Biden tried blaming Russian President Vladimir Putin and the invasion …
(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). For Second-Generation Immigrants, the American Dream Can Be a Nightmare. otherwords.org May is Asian American Heritage Month. It's a good time to celebrate the many successes and contributions of our diverse immigrant communities. But for the second generation, the reality is often more complicated. | My parents came to this country from India nearly 60 years ago. Like countless other immigrants, they came seeking freedom, economic opportunity, and the American Dream for themselves and their children. | The American Dream means a lot of different things. But for older Americans, it looks something like having financial security, the ability to retire at 65, and an advanced health care plan. | For my…
(2022-05-04). Biden Blasts Supreme Court Over "Roe" Draft Opinion Dismantling Abortion Rights. truthout.org While discussing economic issues in prepared remarks with reporters at the White House on Wednesday, President Joe Biden delved into other subject matters, including the Supreme Court's draft opinion on Dobbs v. Jackson Women's Health Organization that was leaked earlier this week. | That draft opinion, written by conservative Justice Samuel Alito, stated that
(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). Preview: Unemployment Likely to Hit 50 Year Low. cepr.net We will likely see a further dip in the unemployment rate. A 0.2 percentage point drop would give us the lowest rate in more than 50 years.
(2022-05-04). $50K Student Loan Cancellation Overwhelmingly Benefits Poorest Borrowers. truthout.org As President Joe Biden crafts a plan for canceling student loans, new data finds that student loan cancellation would overwhelmingly benefit Black borrowers and low-income debtors, with the benefits multiplying with higher levels of debt canceled. | If Biden uses his executive power to cancel up to $10,000 of student debt for student loan borrowers, it would reduce the share of people in the bottom 20 percent of wealth from 15 percent to 10 percent. Among those in the second-lowest 20 percent wealth group, the number would be reduced from 20 to 15 percent, the data shows. The proportion of people in the top 10 pe…
(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). 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). 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). 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). 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). 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). 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). 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). The Heat: COVID-19 & U.S. Wealth Disparity. america.cgtn.com 
Nearly one million deaths in the U.S. as two new COVID-19 sub-variants emerge.
(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). 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). 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). U.S. Federal Reserve raises interest rates by 0.5%. america.cgtn.com 
The U.S. central bank accelerated its attempts to tame soaring inflation on Wednesday with an aggressive interest rate hike.
(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). Venezuela recuerda triunfo sobre fallido intento de invasión. telesurtv.net El primer vicepresidente del Partido Socialista Unido de Venezuela (PSUV), Diosdado Cabello, afirmó que la revolución bolivariana "tendrá larga vida, si nos mantenemos unidos".
(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.
(2022-05-04). The CPUSA celebrates its radical history on May Day. cpusa.org 
On International Workers Day members of the Communist Party and Young Communist League in New York City came out to support workers in the continued struggle against capitalist exploitation. This May Day action, which was the largest in a decade, proved that workers understand that it is our class that generates and holds power. …