2022-05-20: News Headlines

He Jun (2022-05-20). Warning Signs in China's Economic Outlook as COVID-19 Spreads. moderndiplomacy.eu New variables both within and outside of China in 2022 have placed the country's economy under new pressure. In the first quarter, its economic growth rate was only 4.8%, which was 0.7 percentage points lower than the annual economic growth target of 5.5%, indicating that it will face challenges in stabilizing economic growth this year. …

Staff (2022-05-20). Enrique Ubieta: quisiera que mis textos contribuyan a hacer viable la Revolución, el socialismo. cubadebate.cu øCuál es la mejor forma de contar una historia? Muchos se hacen esta pregunta antes de emprender un proyecto. Para algunos es indispensable tener todos los elementos, otros acuden a su imaginación. Autores como Enrique Ubieta Gómez prefieren estar en el lugar donde se desarrollan los acontecimientos, compartir con sus protagonistas.

____ (2022-05-20). More than 1,000 COVID-19 deaths in New Zealand. wsws.org New Zealand has gone from having no COVID deaths for most of the pandemic, to now having one of the highest weekly death rates in the world, as a result of the Labour Party government abandoning its elimination policy.

____ (2022-05-20). Vote 1 for Socialist Equality Party candidates in the Australian election! wsws.org The Socialist Equality Party is standing Senate teams in three states in order to present a genuine socialist alternative to the broadest possible audience, and prepare for the convulsive working-class struggles ahead.

____ (2022-05-20). The pseudo-left Victorian Socialists in the Australian elections: Parochialism and parliamentary cretinism. wsws.org The Victorian Socialists' campaign has nothing to do with a fight against capitalism and its political defenders. Instead, the Victorian Socialists are seeking to consolidate a position on the "left" flank of that very political establishment.

____ (2022-05-20). Sri Lankan workers and rural poor must mobilize against the Rajapakse-Wickremesinghe austerity agenda! wsws.org Ranil Wickremesinghe, Sri Lanka's newly installed prime minster, delivered an address to the nation Monday that attempted to exploit the country's dire economic crisis to justify a massive assault on workers and rural toilers.

Anis Chowdhury (2022-05-19). When saviours are the problem. mronline.org SYDNEY and KUALA LUMPUR: Central bank policies have often worsened economic crises instead of resolving them. By raising interest rates in response to inflation, they often exacerbate, rather than mitigate business cycles and inflation.

Editor (2022-05-19). The ruling class in Australia. mronline.org Who rules Australia? The politicians, the ultra-wealthy class of capitalists or the high-powered bureaucrats who run the state—the military generals, court justices, heads of government departments and so on? The answer is all three. Together, they make up the Australian ruling class.

Editor (2022-05-19). What is the fetishism of commodities? mronline.org I was asked by a few comrades to explain Marx's concept of the fetishism of commodities, and with that, the main ways it has been misunderstood by both mainstream bourgeois academia and by well-meaning Marxists. The following short reflection attempts to do just that.

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