Daily Archives: October 12, 2022

2022-10-12: News Headlines

_____ (2022-10-12). Debt agony throws the US against the Arab world. journal-neo.org Due to the US administration's policy of continuous borrowing, including to finance the armed conflict in Ukraine, amid record inflation and fears of an impending recession, public debt exceeded $31 trillion for the first time. The Federal Reserve continues to raise interest rates, but tighter lending policies are causing the federal government to spend $ 0 …

Morning Star (2022-10-12). Only negotiated settlement can stop Ukraine war from engulfing the world. peoplesworld.org The following is a slightly edited version of an editorial which appeared in Morning Star, Britain's daily socialist newspaper. The attack on Russia's main bridge to Crimea has prompted the most intense bombardment of Ukrainian cities since the early weeks of the war. While fighting across the Donbass and southern Ukraine has been fierce for …

John Ross (2022-10-12). The global inflationary tsunami is made in the US, not Ukraine. greenleft.org.au An inflationary tsunami is passing through the world economy, creating economic disorder — in some cases acute political crisis — in every country it touches, writes John Ross.

J Berger, A Urban, W Wetzel, & F Warweg (2022-10-12). The attacks on Nord Stream and the elephant in the room. indybay.org In an exclusive interview with Berliner Zeitung, U.S. economist Jeffrey Sachs said that destroying Nord Stream would be contrary to Russia's interests; the country would lose "income, financial assets and bargaining power." The U.S., on the other hand, would "benefit strategically and financially from the operation."

____ (2022-10-12). China's decade of solid progress on emergency response. ecns.cn During the 2013-2021 period, the number of people dead or missing in natural disasters on average each year decreased by 87.2% from the 2000-2012 period. Meanwhile, the proportion of direct economic losses caused by natural disasters in China's GDP on average each year also went down 61.7%…

____ (2022-10-12). Economic growth gains speed as innovation steams up amid shift toward high-quality development. ecns.cn China has made significant progress in industrial upgrading, moving from a focus on light, export-oriented industries to more capital-intensive, self-contained ventures, kickstarting new growth drivers and business forms.

____ (2022-10-12). Increases in SOE revenue to shore up nation's growth. ecns.cn The steady revenue growth of centrally administered State-owned enterprises is expected to shore up China's economic growth and propel the successful completion of its three-year (2020-22) action plan this year.

____ (2022-10-12). Tibet sees double-digit annual growth of consumption expenditure over past decade. ecns.cn Southwest China's Tibet Autonomous Region has seen the per capita consumption expenditure of its residents surging over the past 10 years thanks to their rising income, authorities said Tuesday.

____ (2022-10-12). China's first 120-TEU pure electric inland container ship makes maiden voyage. ecns.cn The electric container ship will operate on a 80-kilometer river route from Taicang port to Suzhou Industrial Port, marking the beginning of the "electric era" of inland river transportation in Jiangsu.

____ (2022-10-12). China's income growth keeps pace with decade's economic expansion. ecns.cn China's resident income growth has basically kept pace with the country's economic growth in the past decade, and the income gap between urban and rural residents has narrowed, the National Bureau of Statistics (NBS) said Tuesday.

____ (2022-10-12). China Development Bank offers loan support for specialized, sophisticated SMEs. ecns.cn 12 (Xinhua) — China Development Bank (CDB), one of the country's policy banks, has provided financial support for specialized and sophisticated small and medium-sized enterprises (SMEs)."ÄÄ"ÄÄA total of 13.1 billion yuan (about 1.84 billion U.S.

____ (2022-10-12). Equities still popular in global portfolios. ecns.cn The investment value of China's assets should in no way be overlooked at a time when global economic growth is facing volatility in terms of both interest rates and inflation figures.

____ (2022-10-12). China at No 2 in vehicle exports in Sept. ecns.cn China's vehicle exports continued their momentum last month, cementing the country's newly earned position as the world's No 2 vehicle exporter, as local carmakers are stepping up efforts to explore overseas markets.

____ (2022-10-12). Digital transformation creates new employment. ecns.cn Digital transformation and technological innovation have birthed new professions requiring new skills and knowledge amid China's endeavors to shift to a more capital — and research-intensive development model.

____ (2022-10-12). China's investment in water conservancy reaches record high. ecns.cn China invested a record 823.6 billion yuan (115.88 billion U.S. dollars) in water conservancy facilities from January to September, up 64.1 percent year on year, Vice Minister of Water Resources Liu Weiping said on Tuesday.

____ (2022-10-12). 19th CPC Central Committee concludes 7th plenary session. ecns.cn The 19th Central Committee of the Communist Party of China (CPC) concluded its seventh plenary session in Beijing on Wednesday with a communique issued.

Dana Sanchez (2022-10-12). Fact Check: Container Shipping Prices From China To LA Have Collapsed From $20K To $3K. moguldom.com In a sign that a global recession may be coming, the cost to ship containers from China to the West Coast of the U.S. has undergone "extraordinary hemorrhaging," with spot rates halving in the four weeks ending Oct. 7 alone. Freight rates have been falling for months as global trade slows due to reduced demand …

JANET (2022-10-12). In the end, who promotes fascism? iacenter.org By Manuel Raposo October 7, 2022 The author is editor of the Portuguese Marxist webzine jornalmudardevida.net, where this article was published Sept. 30. Translation: John Catalinotto. One hundred years after Mussolini took power, fascism is once again governing Italy. For weeks before the election, Giorgia Meloni's expected victory drew no comments from European leaders, and it seemed that they all saw it not only as inevitable but also as normal and acceptable. Only on the eve of Election Day, the Eurocrats' spokeswoman Ursula von der Leyen decided to issue a warning, as useless as it was stupid, brandishing th…

Staff (2022-10-12). Health Insurance Whistleblower: Medicare Advantage Is "Heist" by Private Firms to Defraud the Public. democracynow.org Many of the nation's largest health insurance companies have made billions of dollars in profits by overbilling the U.S. government's Medicare Advantage program. A New York Times investigation has revealed that under the Advantage program, health insurance companies are incentivized to make patients appear more ill than they actually are. Some estimates find it has cost the government between $12 billion and $25 billion in 2020 alone. We speak with former healthcare insurance executive Wendell Potter, now president of the Center for Health and Democracy, who s…

Dean Baker (2022-10-12). Retailers Slashing Prices, More Bad News for Biden! cepr.net Many of us who follow the news might think this would be great news, just what the doctor ordered for households struggling with inflation, but no, that would be wrong.

WSWS (2022-10-12). French government threatens to break nationwide refinery strike. wsws.org The state's threats to smash mounting strikes against inflation are a warning to workers in France and internationally that a massive escalation of the class struggle is underway.

WSWS (2022-10-12). Things to get much, much worse for UK workers. wsws.org The International Monetary Fund intervened Wednesday to insist that there could be no alternative to the Truss government, or any other, carrying out austerity as the main remedy for high inflation.

WSWS (2022-10-12). IMF cuts growth forecast amid warnings of global recession. wsws.org Despite the worsening economic outlook, the IMF is insisting there must be no letup in the interest rate hikes by central banks, spearheaded by the US Federal Reserve, which are bringing financial turmoil and recession.

JANET (2022-10-12). Youth join global strike for climate justice. iacenter.org By Kathy Durkin September 26, 2022 Climate strikers in Bengaluru, India, one of 450 global locations, were among hundreds of thousands demanding "climate reparations and justice" Sept. 23. Young people in Asia, Africa and Europe joined a coordinated Global Climate Strike that called for wealthy countries to pay reparations to poorer countries that have been the hardest hit by the disasters caused by global warming. Climate strikers in Bengaluru, India, Sept. 23. Demonstrators emphasized the more frequent, ferocious and deadly heat waves; floods; wildfires; and droughts wreaking havoc worldwide, causing devastatio…

JANET (2022-10-12). A long history of war lies. iacenter.org By Jorge Cadima October 10, 2022 This article was published Sept. 29 in Avante, the newspaper of the Portuguese Communist Party, in which the author contributes analytical articles, often about imperialist militarism. Translation: John Catalinotto. New York protest, September 2013. If hypocrisy and lies paid taxes, the speeches made by the leaders of the U.S., the EU and Britain at the recent United Nations General Assembly would have eliminated their colossal public debts. It is amazing how those responsible for practically all the wars and aggressions of the last three decades (at least) present themselves as p…

Infobrics (2022-10-12). US politician Gabbard leaves Democratic Party as it's "elitist cabal of warmongers" infobrics.org There is a deep crisis in the US political system, which under Biden has certainly prioritised war and provocation instead of overcoming major economic issues.

____ (2022-10-12). IMF downgrades 2023 global growth forecast to 2.7 pct. ecns.cn IMF on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report.

Len Yannielli (2022-10-12). The sinking of El Faro: Sailors take warning…of disaster capitalism. peoplesworld.org On September 29, 2015, the container ship El Faro, which means lighthouse, left port in Jacksonville, Fla. It was carrying 25 million pounds of cargo, including such diverse commodities as 149 cars and fructose syrup. Its destination was San Juan, Puerto Rico, but it never got there. How does a ship, stretching more than two-and-a-half …

Internationalist 360 ∞ (2022-10-12). Fifty Million People Were Living in Modern Slavery in 2021. libya360.wordpress.com Eduardo Camin Fifty million people were living in modern slavery in 2021: 28 million of them were forced into forced labor and 22 million were trapped in forced marriages which, according to the latest Global Estimates on Modern Slavery, is the antithesis of social justice and sustainable development. These estimates reveal that nearly one in…

Night Owls (2022-10-12). Night Owls #2: Summer of Sabotage. itsgoingdown.org Download pamphlet: Print Tabloid [For a Risograph] Download action poster: Print Tabloid [For a Risograph] Roxanne Dunbar-Ortiz writes in An Indigenous People's History of the United States, "Everything in U.S. history is about the land." All nation-states rely on maintaining control over a particular territory, while capitalism has forced people across the world…

Staff (2022-10-12). CITGO About to Be Terminated: US Judge Approves Sale of Shares. orinocotribune.com US federal judge Leonard P. Stark presented and approved an auction schedule to sell shares of the Venezuelan state-owned company CITGO Petroleum which, if carried out, could lead to the dismantling of the most valuable Venezuelan asset abroad, reports As detailed in the report, the document submitted by Stark "sets bidding and sales procedures, hiring of investment banker Evercore Group and directs an approach to the US Treasury Department to seek a decision on any…

It's Going Down (2022-10-12). Interview on 'It's Going Down' Podcast on Resistance to Social Cleansing in the SF Mission. indybay.org On the It's Going Down (itsgoingdown.org) podcast, This Is America, a long-term residents of the Mission District speaks on grassroots responses to attempts by local politicians, police, and non-profits to fence off and police the 24th Street Plaza.

SP Editor (2022-10-12). 1 in 3 of World's Poorest Countries Spend More on Debt Repayments Than Education. scheerpost.com "There is clearly a moral imperative for the world to act now to ensure that all children are in school and learning," says a new report from Save the Children. "But there is also an economic imperative."

Sharon Zhang (2022-10-12). California Amazon Workers File to Join Amazon Labor Union. truthout.org

____ (2022-10-12). Iran's economy predicted to grow 3% in 2022 despite sanctions. en.mehrnews.com TEHRAN, Oct. 12 (MNA) — The International Monetary Fund (IMF) predicted that Iran's economy will experience positive growth in 2022 for the third consecutive year.

Mark Gruenberg (2022-10-12). GEICO workers in Buffalo area join the union-organizing legions. peoplesworld.org GETZVILLE, N.Y.—Modeling their union on the successful independent Amazon Labor Union, a group of GEICO workers in one of the nation's least-unionized fields, insurance, are campaigning to organize 2, 0 of the giant insurer's workers in the Buffalo area. Bosses' "aggressive and unfair" union-busting tactics haven't stopped the drive, as organizers can point out one top …

____ (2022-10-12). Decoupling and disruption of industrial and supply chains is a double-edged sword. ecns.cn

Sharon Zhang (2022-10-12). Workers Make $1.3 Million More Through Their Careers When They're in a Union. truthout.org As a union wave grips workers across the U.S. seeking more control over their working conditions and wages, new research illustrates the vast material benefits waiting in store for workers if they unionize their workplaces. | A

Strike Debt Bay Area (2022-10-12). Saturday 11/12: SDBA Book Group: Doughnut Economics — 7 Way to Think Like a 21st Century Economist. indybay.org Email strike.debt.bay.area@gmail.com a few days beforehand for the the online invite.

Sam Knight (2022-10-12). Wall Street Lobbyists Admit Big Banks Don't Plan to Honor Their Climate Pledges. truthout.org A trade association that lobbies on behalf of the largest banks in the United States told regulators that their members' pledges to reduce investments in carbon-emitting industries are "aspirational," implying that they shouldn't be taken seriously by authorities. | The Bank Policy Institute made the remarks in

Staff (2022-10-12). Iran-EEU mining, mineral trade hit $190m. en.mehrnews.com TEHRAN, Oct. 12 (MNA) — Iran traded $190 million worth of mining and mineral products with member states of the Eurasian Economic Union in fiscal 2021-22 (ended March 20).

Labor Video Project (2022-10-12). Free Julian Assange! Global Day Of Action In San Francisco At Harry Bridges Plaza. indybay.org

WSWS (2022-10-12). More evidence emerges about how unskilled contract labor may have contributed to deadly fire at BP Husky refinery in Ohio. wsws.org According to building trades workers, BP replaced as many as three-quarters of its unionized workforce with lesser skilled, nonunion contractors to do critical maintenance and repair work just weeks before the catastrophe.

Labor Video Project (2022-10-12). South Africa National Dockers Strike With RTUSA JV Dube, David Hemson & Namibia Workers. indybay.org Dock workers in South Africa have gone on a national strike against the state controlled Transnet. They are fighting for major wage increases and against privatization of the ports being pushed by the ANC government.

Anjoulie Woodhead (2022-10-12). Ahead of Annual IMF and World Bank Meetings, IMF Forecasts Lower Growth. indybay.org As world leaders arrive for G7, G20, IMF and World Bank Meetings, the IMF downgraded economic growth to 2.7%.

_____ (2022-10-12). Yoon Suk-yeol on tour of the Anglo-Saxon world. journal-neo.org Between September 18 and 24, 2022, ROK President Yoon Suk-yeol went on a foreign tour. It included visits to the United Kingdom (funeral of Queen Elizabeth II), the United States (participation in the UN General Assembly) and Canada (the key topic was economic security and diversification of supply channels for raw materials and minerals). Hopes …

Freedom Socialist Party (2022-10-12). Sunday 10/30: A Marxist Look at Capitalism's Meltdown. indybay.org 747 Polk St. @ Ellis, San Francisco or via zoom tinyurl.com/MarxistLookCapitalismMeltdown

____ (2022-10-12). Primary school students experience rice harvest. ecns.cn Students from the No. 3 Primary School in the High-tech Industrial Development Zone of Xinyu had a special lesson on agriculture and experienced the joy of harvest on Monday.

Editor (2022-10-12). What an Alabama Prisoners' Strike Tells Us About Prison Labor. scheerpost.com

Sabrina Syed (2022-10-12). Bangladesh: The struggle for liberation after colonial rule. greenleft.org.au The expansion of capitalism, through globalisation and imperialism, has caused social exclusion, poverty and environmental degradation in Bangladesh, writes Sabrina Syed.

WSWS (2022-10-12). OPEC agrees to major oil production cut, sparking US-Saudi rift. wsws.org Two million barrels per day of production will be cut, leading to a further rise in energy prices.

____ (2022-10-12). Cross-border e-commerce boosts trade and SMEs. ecns.cn Chinese online retailers are speeding up efforts to expand their presence in overseas markets amid a broader drive to diversify revenue sources and hedge against the negative effects of the COVID-19 pandemic, industry experts said.

Josh Pallas (2022-10-12). Tell Labor to commit to repeal the anti-protest laws. greenleft.org.au The NSW Council for Civil Liberties is campaigning for NSW Labor Party delegates to commit to repealing the anti-democratic laws. Josh Pallas reports.

Staff (2022-10-12). Artemisa avanza en su recuperación tras paso del huracán Ian. cubadebate.cu Artemisa muestra avances en la recuperación de los daños provocados por el huracán Ian, sobre todo en el servicio de electricidad, lo cual permite estabilizar el suministro de agua, aunque debe intensificar las labores en Bahía Honda, municipio más retrasado. De los 201 852 clientes de la Empresa Eléctrica Artemisa, se afectaron 6 147, el 96.95% cuenta con servicio.

JANET (2022-10-12). Commentary on hurricanes/ 'Puerto Rico is not for sale'. iacenter.org By Deborah Rodriguez September 27, 2022 On Sept. 23, 1868, el Grito de Lares erupted in the town of Lares, Puerto Rico, the island's first armed uprising for independence and against Spanish colonial rule. Farmers, enslaved Africans and workers led a revolt for Puerto Rico's independence, to abolish slavery and to end worker abuse and exploitation via the "libreta de jornalero" or day-laborer's passbook. They fought for social and economic improvements and control of the archipelago's finances. Statue of Dr. Ramón Emeterio Betances, called father of the Puerto Rican nation, who said 'I don't want colonial status,…

TeleSUR, JCM, MER (2022-10-12). Gobierno de Venezuela avanza en las labores de recuperación en Las Tejerías tras lluvias. telesurtv.net La vicepresidenta ejecutiva, Delcy Rodríguez, informó que los afectados han sido censados para recibir la atención necesaria tras el desastre.

Staff (2022-10-12). Ministro de Salud chequea labores de recuperación en instituciones sanitarias de Pinar del Río. cubadebate.cu El ministro de Salud Pública, José àÅngel Portal Miranda, visitó este miércoles la provincia de Pinar del Río, para dar seguimiento a labores de recuperación en instituciones de salud afectadas por el paso del huracán Ian. El ministro evaluó cómo reforzar los servicios médicos en comunidades que así lo requieren.

TeleSUR, JCM (2022-10-12). Gobierno de Venezuela renueva esfuerzos para continuar labores de rescate en Las Tejerías. telesurtv.net El presidente de Venezuela, Nicolás Maduro, reiteró que su Gobierno continuará la búsqueda de los desaparecidos en el deslave de Las Tejerías.

TeleSUR, jaa, MER (2022-10-12). Avanzan labores de recuperación tras fuertes lluvias en Las Tejerías, Venezuela. telesurtv.net El mandatario venezolano destacó que el Poder Popular fue vital para salvar vidas y brindar las primeras atenciones.

WSWS (2022-10-12). After threatening railroaders with congressional intervention, rail union parties with Nancy Pelosi on Las Vegas Strip. wsws.org The convention casts a stark light on the vast contrast between the railroad engineers and the BLET bureaucrats who claim to represent them.

_____ (2022-10-11). The Puppets And The Puppet Masters. popularresistance.org Washington, D.C. – Merrick Garland and those who work in the Department of Justice are the puppets, not the puppet masters. They are the faàßade, the fiction, that the longstanding persecution of Julian Assange has something to do with justice. Like the High Court in London, they carry out an elaborate judicial pantomime. They debate arcane legal nuances to distract from the Dickensian farce where a man who has not committed a crime, who is not a U.S. citizen, can be extradited under the Espionage Act and sentenced to life in prison for the most courageous and consequential journalism of our generation. | T…

_____ (2022-10-11). The FBI Is An Enemy Of Indigenous Liberation. popularresistance.org In 1969, American Indian Movement (AIM) activists occupied Alcatraz Island, invoking the Sioux Treaty of 1868, which grants unused federal lands to indigenous groups. Over the next several years, AIM also occupied the Mayflower. And Mount Rushmore. And the Bureau of Indian Affairs. And Wounded Knee. And other sites across the United States emblematic of the ongoing refusal of the American government to fulfill treaty obligations. | In the late 1960s and early 1970s, AIM became the vanguard of indigenous liberation. They fought back against police violence, illegal seizure of land, and the economic marginalization…

_____ (2022-10-11). US Media's Intellectual No-Fly-Zone On US Culpability In Nord Stream Attack. popularresistance.org Multiple explosions last week off the coast of Poland damaged both the Nord Stream 1 and Nord Stream 2 pipelines, shutting down one and preventing the other from going online. The pipelines, intended to carry natural gas from Russia to Germany, are critical infrastructure for Europe's energy markets. | The explosions triggered a lopsided "whodunnit" in US media, with commentators almost universally fingering Russia as the culprit, despite the lack of a plausible motive. Official US opposition to the pipeline has been well-established over the years, giving Washington ample motive to destroy the pipelines, but mos…

Internationalist 360 ∞ (2022-10-11). Nicaragua Facing a Satanic West. libya360.wordpress.com Stephen Sefton In November 2010, when now President Vladimir Putin was Prime Minister of the Russian Federation, he proposed "the creation of a harmonious economic community stretching from Lisbon to Vladivostok." The European Union never accepted that vision. Three years later, the United States staged a coup d'état in Ukraine with the complicity of the…

Internationalist 360 ∞ (2022-10-11). Before Ukraine Blew Up Kerch Bridge, British Spies Plotted It. libya360.wordpress.com Kit Klarenberg The secret British intelligence plot to blow up Crimea's Kerch Bridge is revealed in internal documents and correspondence obtained exclusively by The Grayzone. The Grayzone has obtained an April 2022 presentation drawn up for senior British intelligence officers hashing out an elaborate scheme to blow up Crimea's Kerch Bridge with the involvement of specially…

_____ (2022-10-11). Western pressure as an incentive for Eurasian integration. journal-neo.org As is known, Russia has long been a supporter of the idea of Eurasian integration, and the most actively pursued integration project in Eurasia is the Chinese transport and economic project "Belt and Road Initiative" (BRI). The BRI is designed to unite as many states as possible in a single economic space. Almost all African …

____ (2022-10-10). China expected to play greater role globally. ecns.cn The upcoming 20th National Congress of the Communist Party of China will chart the course for the country's development over the next five years and beyond, and international experts anticipate China will play a bigger role in global sustainability and peace efforts.

____ (2022-10-10). Party forms new friendships worldwide. ecns.cn During the past decade, the Communist Party of China has expanded its "circle of friends" as it works to forge a global network of political party partnerships to advance the building of a community with a shared future for mankind.

Dana Sanchez (2022-10-11). CEO Of Largest US Bank JP Morgan Chase: Fed Will Push US Into Recession In 6-9 Months. moguldom.com The U.S. economy is "actually still doing well" but the prognosis for the economic future is "very, very serious," said JPMorgan Chase CEO Jamie Dimon. Dimon warned that the U.S. and global economy are likely be a recession by the middle of 2023, according to an Oct. 10 CNBC interview. Interest rates rising more than expected, runaway inflation, …

TeleSUR (2022-10-11). Italian Companies Hit by High Energy Costs. telesurenglish.net Sentiment among Italian businesses worsened in the third quarter, the Bank of Italy's latest survey revealed Monday. | RELATED: | Declining confidence among businesses is due to expectations of high inflation, which has damaged the country's economic outlook in recent months and is set to continue well into the future, the survey said. | The central bank surveyed Italian companies in the industrial and service s…

TeleSUR (2022-10-11). Inflation in Czech Republic Hits 18 Pct in September. telesurenglish.net According to local media, it was the highest year-on-year rate since December 1993. | The CSU said that the rise was mainly driven by higher prices in the housing sector, particularly the massive increase in the price of utilities. Electricity increased by 37.8 percent year-on-year, natural gas by 85.9 percent and solid fuels by 55.8 percent. Food prices were also a significant factor. | RELATED: | "Year-on-year price growth accelerated again in…

Greg Kearney (2022-10-11). When it comes to inflation, beware of central bankers bearing gifts. peoplesworld.org

Anand Naidoo (2022-10-11). The Heat: IMF and World Bank meeting. america.cgtn.com In the next four years, losses from a potential worldwide recession could equal the equivalent of the German economy. That's the prediction of the Managing Director of the International Monetary Fund, Kristalina Georgieva. The annual IMF and World Bank meetings are underway here in Washington …

TeleSUR (2022-10-11). Half of World's Poorest Need Urgent Debt Relief: UNDP. telesurenglish.net On Tuesday, the United Nations Development Program (UNDP) said that 54 developing economies, which account for over half of the world's poorest people, need urgent debt relief as a result of "cascading global crises." | RELATED: | It warned of the risks of inaction in a new paper, noting that if these countries do not get access to effective debt restructuring, poverty will rise and desperately needed investments…

WSWS (2022-10-11). An interview with Larry Ceplair, author of The Hollywood Motion Picture Blacklist—Seventy-Five Years Later: The biggest consequence 'was censorship and self-censorship, not officially, but unofficially'. wsws.org Immense pressure was exerted on individuals under conditions of the Cold War, anti-communist hysteria to "name names." The witch-hunters were implacable.

____ (2022-10-10). 3 economists share 2022 Nobel Prize in Economics. ecns.cn The Royal Swedish Academy of Sciences on Monday decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig "for research on banks and financial crises."

Kwjorinoco (2022-10-11). Unitary Platform Approves Regulations for Primaries: What's Next? orinocotribune.com Sunday, October 9, the Unitary Platform alliance announced the approval of regulations that will govern its primary elections. | Through a statement published on its Twitter account, the coalition specified that, as of October 15, it will select rectors for the National Primary Commission. These individuals must qualify as "citizens of recognized prestige and moral solvency." | "Likewise, we announce that the aforementioned National Primary Commissio…

_____ (2022-10-11). Qatari and US gas won't save Europe. journal-neo.org Experts estimate that in order to avoid a catastrophic fall in GDP and the risk of a prolonged economic depression, the total public spending by European countries to mitigate the energy collapse unleashed by Washington will have to exceed ‚Ǩ1 trillion! A crisis of this magnitude would result in more bankruptcies and a domino effect …

Brett Wilkins (2022-10-11). Activists Disrupt Meeting to Demand 'Loan Sharks' IMF and World Bank Cancel All Debt. commondreams.org "We need localization and ecological sustainability for the people, planet, and peace," said CodePink's Nancy Mancias. "We are calling on the IMF and World Bank to end its debt trap monetary practices which are causing countries to sink further down into economic crises."

Cameron orr (2022-10-11). Struggles of African American youth today. cpusa.org The following was adapted from a talk given at the online CPUSA Marxist School in 2022. The Black Lives Matter uprising of 2020 was a powerful demonstration of unity among a wide strata of people marching in cities and small towns against police oppression. It was led mostly by African American youth, who, like …

David Sirota (2022-10-11). Health Insurers Get Government Cash, Then Jack Up Prices. levernews.com

Victor Grossman (2022-10-11). Germany faces stark choices as it celebrates its "unity" peoplesworld.org BERLIN — In 1990, on October 3rd, Germany could rejoice; unity at last, a single flag, a single anthem ("Deutschland àºber alles"), a single currency, a single foreign policy; in other words, freedom and democracy triumphant! And with it what Chancellor Ludwig Erhard had called a "social market economy, the foundation of our liberal, open …

Julia Conley (2022-10-11). Biden Labor Rule Aims to Help End Gig Company 'Exploitation' of Workers. commondreams.org "All work has value, all workers deserve fair compensation and legal protections from exploitation on the job," said one labor union in response to the rule.

Peter Koenig (2022-10-11). Destroying Europe? Is Washington Behind the OPEC Decision to Cut Petrol Output? Sabotaging the E.U. Economy. globalresearch.ca

Brett Wilkins (2022-10-11). Upset About High Gas Prices? Ro Khanna Says 'Blame Big Oil'. commondreams.org In a pair of videos, the progressive congressman from California says U.S. leaders must "end fossil fuel subsidies and put an excess profits tax on the wealthiest oil and gas corporations."

Victor Grossman (2022-10-11). Germany faces stark choices as it celebrates its 'unity'. peoplesworld.org BERLIN — In 1990, on October 3rd, Germany could rejoice; unity at last, a single flag, a single anthem ("Deutschland àºber alles"), a single currency, a single foreign policy; in other words, freedom and democracy triumphant! And with it what Chancellor Ludwig Erhard had called a "social market economy, the foundation of our liberal, open …

WSWS (2022-10-11). One week until the UAW elections begin: Rank-and-file workers' power vs. the bureaucracy. wsws.org For the first time in recent history, workers in the UAW will be able to cast a vote for a socialist proponent of rank-and-file power: Mack Trucks worker Will Lehman.

Staff (2022-10-11). Iran, Oman confer on bilateral issues of interest. en.mehrnews.com TEHRAN, Oct. 11 (MNA) — Iranian Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari in a meeting with Omani officials on Tuesday reviewed the mutual issues of interest.

WSWS (2022-10-11). UK economic crisis leading to soaring housing costs. wsws.org In the next six months, over 600,000 households with fixed rate mortgages coming to an end and 2 million already on a variable rate will see repayments rise by hundreds of pounds a month.

WSWS (2022-10-11). IMF points to growing dangers in key area of financial system. wsws.org Open-ended investment funds, which allow investors daily redemptions of their investments, while their investments are in long-term illiquid assets, have the potential to spark a crisis.

WSWS (2022-10-11). United Steelworkers seeks to isolate workers at US Steel as it pushes concessions contracts at Cleveland-Cliffs. wsws.org Rank-and-file workers must have an independent strategy to fight as the United Steelworkers is collaborating with Cleveland Cliffs and US Steel to ensure that job, wage and safety cuts will continue.

Prof Michel Chossudovsky (2022-10-11). Brasil: neoliberalismo con "rostro humano". Presidencia de Lula = Dolarización extendida, subordinada al Consenso de Washington. globalizacion.ca Introducción y actualización del autor | En la primera vuelta de las elecciones de 2022, en medio de una creciente confusión y malentendidos, Luis Inácio da Silva (Lula) lidera con el 48,4 % de los votos. | La segunda vuelta de las…

Juan J. Paz y Miño Cepeda (2022-10-11). Neoliberales brasileños y "moralizadores" electorales. globalizacion.ca Las dictaduras militares latinoamericanas nacidas en las décadas de 1960 y 1970, inspiradas en el anticomunismo/anticubanismo de la Guerra Fría y fruto de la intervención de los EEUU, concluyeron en la década de 1980 y la última -Pinochet en Chile-…

Caitlin Johnstone (2022-10-10). A Good And Righteous Proxy War Wouldn't Need Such Cartoonish PR. thealtworld.com Listen to a reading of this article: | Star Wars megastar Mark Hamill was recently named an ambassador for United24, the fundraising platform of the Ukrainian government, where From The Times: "In this long and unequal fight, Ukraine needs continuous additional support. That's why I was honoured President Zelensky asked me to become an ambassador for the Army of Drones," Hamill, who played Luke Skywalker, said in a statement. "I know f…

Kit Klarenberg (2022-10-10). EXPOSED: Before Ukraine blew up Kerch Bridge, British spies plotted it. thegrayzone.com The secret British intelligence plot to blow up Crimea's Kerch Bridge is revealed in internal documents and correspondence obtained exclusively by The Grayzone. The Grayzone has obtained an April 2022 presentation drawn up for senior British intelligence officers hashing out an elaborate scheme to blow up Crimea's Kerch Bridge with the involvement of specially trained Ukrainian soldiers. Almost six months after the plan was circulated, Kerch Bridge was attacked in an October 8th suicide bombing apparently overseen by Ukraine's SBU …

Alastair Crooke (2022-10-10). Europe's Eerie Silence — The Curious Case of the Dog That Did Not Bark. thealtworld.com Sir A Conan Doyle: Holmes: Curious: the fact that the dog did not bark when you would expect it so to do. | Western media is full of speculation whether, or not, we stand at the cusp of WW3. Actually, we are already there. The long war never stopped. In the wake of America's 2008 Financial Crisis, the U.S. needed to reinforce its economy's collateral resource base. For the Straussian current (the neocon hawks if you prefer), Russia's then post-Cold War weakness was 'opportunity' to open a new war front. The U.S. hawks wanted to kill two birds with one stone: to pillage Russia's valuable resources to reinforce the…

JANET (2022-10-10). Help us break the Sanctions Silence. iacenter.org With your help we can break the silence and publish a very needed book Sanctions — A Wrecking Ball in a Global Economy A project of the SanctionsKill Campaign An anthology by social justice activists Donate by credit card at iacenter.org/sanctions-book Everyone who donates $25 or more will receive a copy of the 200 page book: Sanctions — A Wrecking Ball in a Global Economy. The impact of sanctions on more than 40 developing and formerly colonized countries, one third of the world's population, was barely discussed in mainstream media for decades. The vibrations of hyperinflation, chronic short…

Internationalist 360 ∞ (2022-10-10). Washington's Biological Research Laboratories. libya360.wordpress.com Pablo Jofre Leal U.S. laboratories created, developed and operating under Pentagon leadership are scattered throughout Africa, Latin America and practically all the countries that made up the former Union of Socialist Republics. It is estimated that at least 200 biological research laboratories worldwide are financed by Washington. The presence of U.S. specialists in the construction…

Paul Armentano (2022-10-10). Biden's Marijuana Pardons Are a Seismic Shift. otherwords.org Fulfilling a high-profile campaign pledge, President Joe Biden recently announced that his office will be issuing pardons to several thousand Americans with federal convictions for marijuana possession offenses. | "There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities as a result," the president

2022-10-12 23:37:07 | 23:37 EST | es | 101 | 9 | 34 | 75 | 0