(2022-05-12). Economist Michael Hudson on decline of dollar, sanctions war, imperialism, financial parasitism. multipolarista.com In this interview with Multipolarista editor Benjamin Norton, economist Michael Hudson discusses the decline of the US dollar, the sanctions war on Russia, his concept of "free-trade imperialism," and financial parasitism. | We talk about these concepts explored in his new book " Video: | Podcast: | Transcript: | BENJAMIN NORTON: Hey, everyone. I'm Ben Norton, and this is the Multipolarista podc…
(2022-05-12). Cambridge Analytica Reborn? Private Spy Agency Weaponizes Facebook Again. mintpressnews.com For all the public outcry, official probes and hearings, financial penalties, apologies and proposed regulations, Facebook remains the world's foremost surveillance tool — weaponized in all manner of malevolent ways by any number of hostile elements.
(2022-05-12). Australian election "debates": a display of bipartisan unity. wsws.org In a "civil" exchange, Morrison and Albanese agreed on all the basic issues, especially on the need to keep suppressing real wages in other to maintain the low-wage economy.
(2022-05-12). New York Times says economic conditions for US workers "haven't been this bright since men landed on the moon" wsws.org The Times paints a fantastic picture of social conditions in the US, claiming that hundreds of millions of American workers have never had it better.
(2022-05-12). Inflation: wages versus profits. mronline.org Prices of commodities can be broken down into the three main components: labour costs (v= the value of labour power in Marxist terminology, non-labour inputs (c =the constant capital consumed, and the "mark-up" of profits over the first two components (s = surplus value appropriated by the capitalist owners). P = v + c + s.
(2022-05-12). Australian union turns aged care workers' strike into Labor election stunt. wsws.org While workers voted to strike almost a month ago, the action was timed to occur in the closing weeks of the federal election campaign.
(2022-05-12). Amazon fires managers for not being sufficiently aggressive against union organizing efforts at JFK8. wsws.org The firing of several senior managers at JFK8 after the victory of the Amazon Labor Union is meant to be an intimidating message to all workers.
(2022-05-12). Covid-19 still spreading in Spain as PSOE-Podemos government ends mask mandate. wsws.org Throughout the pandemic, the PSOE-Podemos government has refused to follow a scientifically guided policy to eliminate the virus, instead placing profits over lives.
(2022-05-12). Kentucky nurse on the crisis in health care: "Hospital policies should be committed to patient care, not stockholders' portfolios" wsws.org The World Socialist Web Site received this letter from a nurse in Kentucky describing the transformations in hospitals, the exploitation of nurses and the impact of the COVID-19 pandemic.
(2022-05-12). France's Jean-luc Mélenchon announces a "New popular union" with the capitalist Socialist Party. wsws.org By forming an alliance with the PS, a bourgeois party, Mélenchon is turning his back on the promises he made to his voters.
(2022-05-12). Texas oil worker calls for industry-wide mobilization to back Chevron strike. wsws.org A Texas oil worker spoke with the World Socialist Web Site about the significance of Valero workers turning down the contract amid a nationwide struggle of oil workers against the corporatist unions and the oil companies.
(2022-05-12). Sri Lanka: Build independent action committees to protect lives and democratic rights! wsws.org The Socialist Equality Party, the Sri Lankan section of the International Committee of the Fourth International, issued this statement in Sinhalese and Tamil.
(2022-05-11). Ukraine Disrupts Gas Transit From Russia. Europe Pays. southfront.org | On May 10, Ukraine notified Gazprom that it would stop receiving gas for transit through its Sohranovka gas-measuring station from 7 a.m. Moscow time on May 11. This event caused high-profile comments and also jeopardized the transportation of Russian gas. | Representatives of the UGTS (Ukrainian gas transport system operator) said that Ukraine will stop the transit of natural gas from Russia to Europe through the Sohranivka station in the Luhansk Region on the morning of 11 Ma…
(2022-05-11). House Passes Bill for $40 Billion in New Ukraine Aid. news.antiwar.com On Tuesday night, the House The measure passed in Senate Majority Leader Chuck Schumer (D-NY) has said the Senate will "move swiftly…
(2022-05-11). Saturday 5/21: Protest Against the War in Ukraine. indybay.org Lake Merritt Amphitheater…
(2022-05-11). Selected Articles: UK and US Governments Are Primary Obstacles to Peace Negotiations: Ukrainian News Outlet. globalresearch.ca By A recent report in Ukrainian news outlet
(2022-05-11). 2022 World Trade Month – Expanding California African Global Trade. indybay.org Since 1938, the United States has recognized May as World Trade Month and used it as an opportunity to celebrate the importance of international trade to the U.S. economy. 2022 Africa Unity Week is helping organize and promote The World Conference of Mayors and Black Towns and Historic Settlements Alliance in California as we build global unity. Together, we must build greater awareness and highlight the role of international business and trade in our communities.
(2022-05-11). Stock market falls point to mounting problems in financial system. wsws.org The rise in central bank interest rates in the face of rampant inflation is the main reason for the sharp falls but the downward movement is being compounded by signs of a slowing world economy.
(2022-05-11). Exports of goods from Mazandaran to ECO states grow 107%. en.mehrnews.com TEHRAN, May 11 (MNA) — Care taker chairman of Mazandaran Customs Office said that the exports of products from this northern province to Economic Cooperation Organization (ECO)'s member states recorded a 107% growth last year.
(2022-05-11). Terror from Balochistan: A Menacing Tool to Disrupt Sino-Pakistani Economics. orinocotribune.com By Pepe Escobar — May 5, 2022 | A Baloch suicide bombing targeting Chinese workers in Karachi comes a mere month after the US-backed ousting of PM Imran Khan. Pakistan is a critical BRI hub in Beijing's vast Eurasian connectivity project, and it looks like CPEC is the ultimate target of this disruption. | This is the concise story of how a suicide bombing may carry the potential to subvert the whole, ongoing, complex process of Eurasia integration. | Recently, the Balochistan Liberation Movement (BLA) had released an ISIS-influenced video threatening "Chinese officials and installations" in Pakistan's vast p…
(2022-05-11). Economist Lisa Cook Is Confirmed To Federal Reserve Board: Here Are Her Words On Reparations. moguldom.com Lisa Cook, the first Black woman ever confirmed as a governor on the Federal Reserve board in its 108-year history, is an economist from Michigan State University who has researched racial disparities and labor markets and has been vocal in her support of reparations for Black Americans. Nominated in February by President Joe Biden, Cook …
(2022-05-11). CovertAction Bulletin Podcast: How Did China Eradicate Extreme Poverty? covertactionmagazine.com On today's show, we bring you the second half of our interview with Tings Chak, Researcher and art director at Tricontinental: Institute of Social Research, and a member of the Dongsheng Collective. We focus on the Chinese government's programs to eradicate extreme poverty in the country and further discuss her work on the study "Serve the People: The Eradication of Extreme Poverty in China" for Tricontinental.
(2022-05-11). The sellout of the UIC graduate student strike: The political lessons. wsws.org Last month, the Graduate Educators Organization, under pressure from the AFT, shutdown and sold out the strike of over 1, 0 graduate students fighting against poverty wages at the University of Illinois in Chicago.
(2022-05-11). The Poor People's Campaign and the Moral Dilemma of Liberalism. dissidentvoice.org Rev. William Barber (Photo: Getty Images) The demands for justice at home and abroad must not be sacrificed on the altar of what is called pragmatism. The false choices presented by liberalism can undermine the movement altogether. Rev. William Barber, an indisputable champion of the poor and a consistent voice demanding an end to poverty, …
(2022-05-11). The Forthcoming Australian Election is Not Really About Meaningful Change. journal-neo.org In less than two weeks' time, on Saturday 20th May the Australian electorate goes to the polls to select a new government. If the opinion polls are correct, it should be a victory for the Labor Party which last held power in 2013. There are however, a number of uncertainties in the polls. The first …
(2022-05-11). EE.UU. aprueba 40.000 millones de dólares de ayuda para Ucrania. telesurtv.net La Casa Blanca aplaudió la decisión de la Cámara de Representantes como un paso crítico para colaborar en la lucha de Ucrania contra las operaciones rusas en el este del país.
(2022-05-11). Australian election features "wage growth" sham. wsws.org The Labor Party is working with the trade unions to keep a lid on the eruption of strikes by holding out false hopes of wages relief under a Labor government.
(2022-05-11). Record gas prices cut further into US workers' real wages. wsws.org Rising costs are putting mounting pressure on American workers. Everything from food, to gas, to medicine has become more expensive in recent months.
(2022-05-11). China: Seeking Peace and Promoting Development. dissidentvoice.org This was my presentation at a Chongyang Institute's organized international webinar on 6 May 2022 on the topic of "Seeking Peace and Promoting Development". The Chongyang Institute for Financial Studies is a think tank attached to the Renmin University of Beijing. ***** In today's world of regional conflicts, technological upgrading, epidemic stalemate and system reform, …
(2022-05-11). UK: BT imposes below inflation pay award as telecom workers prepare strike ballot. wsws.org BT has justified its pay award stating it "contrasts well with the average of 3% typically being awarded by UK employers." This is a measure of how the trade unions have helped impose de facto pay cuts.
(2022-05-11). Detroit Diesel workers repudiate UAW sellout, vote by 79 percent to reject pro company deal. wsws.org The vote is a powerful statement of unity and part of a growing rebellion against the UAW aimed at overturning decades of concessions and winning substantial raises in the face of record inflation.
(2022-05-11). "People are raising hell": Volvo Trucks worker describes impact of contract one year after strike. wsws.org Volvo workers now live under a UAW-imposed contract whose "pay raises" are being devoured by runaway inflation.
(2022-05-11). UAW delivers full contract to Volvo Trucks workers one year after sabotaging their strike. wsws.org Volvo workers now live under a UAW-imposed contract whose "pay raises" are being devoured by runaway inflation.
(2022-05-11). Sydney Uni staff strike for secure work, better student outcomes. greenleft.org.au Unionists and students have set up picket line at the University of Sydney in support of their claim for permanency, First Nations employment targets and reasonable workloads. Jim McIlroy reports.
(2022-05-11). Mayo Clinic Minute: Left ventricular failure — the silent condition that could be fatal. newsnetwork.mayoclinic.org Left ventricular dysfunction is the medical name for a weak heart pump. It's a condition that impacts about 9% of people over the age of 60, which is around 7 million Americans. In this Mayo Clinic Minute, Dr. Paul Friedman, a Mayo Clinic cardiologist, explains what the condition is and how it can be diagnosed and treated. Watch: The Mayo Clinic Minute youtu.be/tsKQ4NOUA0o Journalists: Broadcast-quality video (1: 10) is in the downloads at the end of…
(2022-05-11). Atlanta's Slutty Vegan Founder Pinky Cole Raises $25M Of Capital For Expansion. moguldom.com Slutty Vegan visionary Pinky Cole is continuing to make boss moves. The innovative businesswoman has secured $25 million in Series A funding round for her restaurant chain and has no plans of slowing down. The funding includes investments from veteran entrepreneurs Richelieu Dennis' New Voices Fund and restaurateur Danny Meyer's Enlightened Hospitality Investments, Forbes reported. …
(2022-05-11). Suspend the sentence of Tennessee nurse RaDonda Vaught! No jail time, fines or penalties! wsws.org Nurses and health care workers around the US and the world have rallied to the defense of RaDonda because they know the real causes of tragic medical errors are chronic understaffing, inhuman workloads, and the subordination of medical care to corporate profit.
(2022-05-11). Coinbase Bombs On Earnings, Warns Of Lower Crypto Trading Activity And Adds Unsecured Bankruptcy Disclosure. moguldom.com Coinbase, the largest U.S. cryptocurrency exchange, reported a 40-percent drop in trading volume in the first quarter of 2022 as "crypto winter" set in, with revenue down 35 percent year over year and losses that exceeded analyst expectations. The company reported net losses of $430 million, far more than the $47 million Wall Street analysts …
(2022-05-11). What Victory Day means in Madrid. iacenter.org By àÅngeles Maestro May 9, 2022 Madrid We publish the article below about a demonstration in Madrid as part of celebrating the anniversary of the May 9, 1945, victory of the Soviet Union against Nazi-ruled Germany, marked by Germany's unconditional surrender. Clarifying the history of World War II is always important for the working class, because the role of the world's first socialist state was essential in victory over Nazi domination. It is even more important now because of the conflict provoked by the major imperialist powers, the U.S. at their head, against Russia. Anyone who reads history or even hi…
(2022-05-11). Continuing in the footsteps of North Queensland's rich red history. greenleft.org.au North Queensland has a rich socialist history, with women, migrants and First Nations people playing a big role. Renee Lees reports.
(2022-05-11). Saturday 5/21: Ecosocialism: The solution to save planet earth. indybay.org In Person at New Valencia Hall, 747 Polk Street San Francisco 94109 | Zoom link tinyurl.com/FSMay21…
(2022-05-11). Sunday 5/15: Q&A Discussion of Art as Resistance Short Films. indybay.org
(2022-05-11). Protesters Provide the Punch at Bay Area Book Fest. indybay.org The Bay Area Book Festival was back after a hiatus caused by covid concerns. Many people masked up for that extra layer of protection at the event held all outdoors under decorated open air tents. Demonstrators for abortion rights and reproductive justice say they knew just what the festival needed to enliven things.
(2022-05-11). Attorneys Organization Files in Support of Standing Rock Water Protectors in Federal Court. indybay.org The National Police Accountability Project, composed of attorneys nationwide, has filed in federal appeals court in support of Standing Rock Water Protectors. The attorneys told the court that the force used against Water Protectors was "unreasonably excessive," and violated their Fourth Amendment right, which protects people from unreasonable search and seizure by the government.
(2022-05-11). Saturday 5/14: Writers With Drinks featuring Jaime Cortez. indybay.org The Make Out Room, 3225 22nd St.
(2022-05-11). Saturday 5/28: Race to End Animal Gambling in Berkeley and Albany. indybay.org 100 Gilman St, Berkeley, CA…
(2022-05-11). Angry Women and Supporters Take to the Streets. indybay.org Opposition to Supreme Court attack on reproductive health builds…
(2022-05-11). Mad as Hell Raging Grannies Bring Resistance Message to Berkeley. indybay.org March through book fair and downtown for abortion rights…
(2022-05-11). Protest to Save Abortion and Investigate SCOTUS Justices at Nancy Pelosi's House. indybay.org Speaker of the House Pelosi blasted for supporting anti abortion politician…
(2022-05-11). Berkeley Rages as Reproductive Rights Under Attack. indybay.org "Back alley abortions" was a term used to describe illegal abortion before the passage of Roe v. Wade in 1973. Demonstrators on May 8 carried a variety of placards including some that said "Books not Back Alleys". | Stills and 1 min video by Lis Cox.