(2022-12-02). Biden & Republicrats Union Busting Bill Against Railway Workers & Their Fight For Sick Pay. indybay.org The Biden administration with the support of most of the Democrats and Republicans in Congress pushed a bill that imposes a reactionary contract that severely limits sick pay and benefits BNSF railroad owner Warren Buffet and the other railroad corporations.
(2022-12-02). China to conduct 5th national economic census in 2023. ecns.cn China will conduct its fifth national economic census in 2023 to take stock of the country's economic and social development.
(2022-12-02). China, EU enjoy strong economic symbiosis: commerce ministry. ecns.cn China and the European Union (EU) have formed a strong economic symbiosis under the guidance of their respective leaderships, a spokesperson for the Ministry of Commerce said Thursday.
(2022-12-02). Lockdown light – Corona crisis and capitalism. indybay.org The pandemic and countermeasures have effects shaped by the neoliberal form of capitalism[6] that has dominated since the 1980s. Three aspects are worth mentioning: 1.the independence of the financial sphere,2.the fragmentation of the labor markets, and | 3.the weakening of social systems. In the financialized economy, measures to cushion the crisis strengthen the haves.
(2022-12-02). Sanctions: Dec. 10 webinar exposes U.S. economic warfare. workers.org Intensifying U.S. sanctions, imposed on a third of humanity, are sending shock waves through the world economy. Sanctions have boomeranged on the U.S. and EU countries through inflation, supply chain shortages and a looming recession — causing hardship at home. But by far the greatest burden is borne by the . . . |
(2022-12-02). Chinese vice premier signals shift from Zero-COVID based on lie that Omicron is mild. wsws.org Sun Chunlan said Wednesday that "preventing the epidemic" would take place through vaccination, making medical resources available and preparing therapeutics, all the while "stabilizing the economy."
(2022-12-02). OECD forecasts worsening global economic outlook. wsws.org Global growth is becoming "increasingly imbalanced with the major Asian emerging market economies accounting for close to three-quarters of global GDP growth in 2023, reflecting their projected steady expansion and sharp slowdowns in the United States and Europe."
(2022-12-02). Macron warns of "fracturing" of NATO alliance on state visit to Washington. wsws.org Amid mounting economic conflicts between US and European imperialism, and fears of an energy crisis this winter, Biden and Macron united on escalating the war against Russia.
(2022-12-02). Unjust Measures Imposed on Labor and African Americans After Midterm Elections. globalresearch.ca
(2022-12-02). Saturday 12/10: Get Your Ticket To Mars. indybay.org Twitter Headquarters San Francico | 1355 Market St. | San Francisco…
(2022-12-02). Saturday 12/3: UC UAW Labor Community Solidarity Rally: COLA & Housing For All. indybay.org UC Sproul Plaza…
(2022-12-02). Australia: Labor's new anti-strike industrial relations bill approved by parliament. wsws.org Hundreds of amendments, extra sitting days and horse-trading with an independent senator reflect the determination of Labor to urgently increase the capacity of the industrial courts and unions to crush a mounting wave of working-class unrest.
(2022-12-02). 2022 global art market benefits from an "explosion of wealth" at the top. wsws.org The "robust" character of the art market mirrors the stratospheric rise in the wealth of the world's richest people over the same period.
(2022-12-02). Social division in the schools and 7 challenges to the welfare state. indybay.org The most difficult task will be to redefine prosperity not only in philosophical concepts, but also in concrete tangible and experiential terms detached from consumption. Many are already working on this. The United Nations adopted a strategy for a "blueprint for peace and prosperity for people and the planet" with the Sustainable Development Goals 2015.
(2022-12-02). The Heat: U.S.-France Ties. america.cgtn.com U.S. President Joe Biden hosts his first state dinner with French President Emmanuel Macron. The two leaders met earlier to discuss the Ukraine conflict, trade, cooperation in space, cyberspace and the ever-growing energy concerns in Europe. The touchiest topic though terms of the U.S. Inflation …
(2022-12-02). CNOOC ups investment in Brazil. ecns.cn CNOOC Petroleum Brasil has doubled its stake in the Buzios oilfield in Brazil to 10 percent from 5 percent, its parent China National Offshore Oil Corp announced on Thursday.
(2022-12-02). U.S. Is Considering Supplying Ukraine With Rocket-Propelled Bombs That Can Hit Russia's Crimea. southfront.org The GLSDB system. Source: Saab Group | The Pentagon is considering a proposal by Boeing to supply Ukraine with rocket-propelled precision-guided bombs that would allow Kiev forces to strike far behind Russian lines, Sources in the United States military industrial complex told the news agency that B…
(2022-12-02). Sunday 12/11: Speaker: Fight the Far Right to Win Reproductive Justice! indybay.org In person in San Francisco (or via ZOOM link below) | New Valencia Hall | 747 Polk Street (at Ellis), San Francisco | (7 blocks from Civic Center BART, on/near #5, 19, 27, 31, 38 Muni bus lines)…
(2022-12-02). Profile: Jiang Zemin's great, glorious life. ecns.cn Jiang Zemin was an outstanding leader enjoying high prestige acknowledged by the whole Communist Party of China (CPC), the entire military and the Chinese people of all ethnic groups.
(2022-12-01). Belgian rail workers mount three-day nationwide strike. wsws.org The strikes in Belgium adds to the growing wave of rail workers' struggles against job cuts, inflation, and dilapidated infrastructure internationally.
(2022-12-01). The Academic Proles On The Barricades. popularresistance.org In her 2019 book Squeezed, Alissa Quart gave a name to the middle class that was just getting by in today's middle-class-unfriendly economy: the middle precariat. | One group that may just manage to ascend, wobbily, to the ranks of the precarious middle are the 12,000 striking postdoctoral scholars who reached a tentative agreement with the University of California earlier today to boost their wages and benefits. Under the agreement, which will shortly be presented to…
(2022-12-01). British PM: The "Golden Era" With China Is Over. southfront.org Click to see full-size imageRishi Sunak believes it was "naàØve" to think closer economic ties would lead to reforms in China. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | On November 28, British Prime Minister Rishi Sunak delivered his first long speech on foreign policy. Sunak said that the "Golden Era" with China was over. He also described the belief that closer economic ties would lead to the Chinese Communist Party (CCP) making internal political reforms as "naà&…
(2022-11-30). Chinese, European leaders seek stable ties. ecns.cn On Nov 10, a group of German business executives wrote a joint opinion article for the daily Frankfurter Allgemeine Zeitung, warning against pressure to withdraw from the vast China market that has served the German economy well.
(2022-11-30). Forecasts suggest 2023 may be good for China GDP and local equities. ecns.cn China's economy is expected to rebound next year and sustain the rally in Chinese equities, though market volatility could remain elevated, prominent investment banks and wealth managers said on Wednesday.
(2022-12-01). "Economic Warfare" Directed against China? The Shanghai "Covid Zero Tolerance Mandate" Extends its Grip to Major Industrial Cities. globalresearch.ca "Covid Tolerance Zero" has contributed to destabilizing Shanghai's financial sector as well as China's buoyant export economy. It has created social havoc for millions of people, requiring the imposition of PCR tests, using the QR code as a means of social control.
(2022-11-30). Work starts on major high-speed rail projects. ecns.cn Construction has begun on two major high-speed railways in southwestern China, which are expected to be completed in 2027 and 2028, improving the region's high-speed railway network and boosting socioeconomic development.
(2022-11-30). Nov manufacturing activity weakens. ecns.cn China's factory activity contracted at a steeper pace in November amid renewed domestic COVID-19 cases and slackening domestic and external demand, adding pressure to the country's slow and bumpy economic recovery.
(2022-11-30). Foreign firms flourishing in Shanghai. ecns.cn As a move to better enhance foreign-invested enterprises' role in the city's economic development, four ranking lists for 2021 foreign-invested enterprises were unveiled.
(2022-12-01). Bondholders Hoping to Recover Bad Debt from Struggling Puerto Rico Ratepayers (OPINION). latinorebels.com Almost $9 billion in bad debt and a half-century of high electricity prices hang in the balance in Puerto Rico.
(2022-12-01). Fed chief Powell spells it out: workers are its chief target. wsws.org In his Inflation and the Labour Market speech, Powell insisted even the sub-inflation wage increases of the recent period were considered to be too high and that economic growth would need to be suppressed for a "sustained period.
(2022-12-01). Labor's IR laws don't leave workers better off overall. greenleft.org.au Claims the new IR laws will close the gender pay gap and strengthen equal pay laws are welcome. But, as Mary Merkenich and Sarah Hathway argue, the laws will divide workers and weaken the Better Off Overall Test.
(2022-12-01). The US Can Get To 100% Clean Power Without New Nuclear. popularresistance.org There is a widespread view that nuclear energy is necessary for decarbonizing the electricity sector in the United States. It is expressed not only by the nuclear industry, but also by scholars and policy-makers like former Energy Secretary Steven Chu, a Nobel Prize-winning physicist who recently said that the choices we have "…when the wind doesn't blow and the sun doesn't shine" are "fossil fuel or nuclear." I disagree. | Wind and are much cheaper than new nuclear plants even when storage is added. The National Renewable Energy Laboratory estimated the cost of unsubsidized utility-scale plus batte…
(2022-12-01). We've (Probably) Averted A Rail Strike — Now What? popularresistance.org What I can share is that we have almost certainly averted the chance of a legal, national rail strike. The House of Representatives voted on Wednesday to step in and force rail laborers to accept the tentative agreement brokered by the White House in September. The House also passed legislation guaranteeing seven days of paid sick leave. | The Senate likely votes Thursday on that legislation. | We've seen an interesting range of politicians speak out about Congress' intervention into this strike. As you could expect, Sen. Bernie Sanders, I-Vt., and Rep. Peter DeFazio, D-Ore., spoke out against any legislation tha…
(2022-12-01). Labor Board outlaws T-Mobile's company union. peoplesworld.org WASHINGTON The National Labor Relations Board majority decided in November that T-Mobile had set up a company union to counter the Communications Workers' organizing drive among its thousands of call center customer service representatives. And since company unions are illegal under U.S. labor law, a board panel, on a party-line 2-1 vote, ordered T-Mobile's …
(2022-12-01). Labor's IR bill doesn't leave workers better off overall. greenleft.org.au Claims the IR amendments will close the gender pay gap and strengthen equal pay laws are welcome. But, as Mary Merkenich and Sarah Hathway argue the bill will divide workers and weaken the Better Off Overall Test.
(2022-12-01). Starbucks Must Bargain With Hometown Union After Breaking Law, Labor Board Rules. truthout.org The National Labor Relations Board (NLRB) ruled on Wednesday that Starbucks must negotiate with a union formed at an upscale Seattle location after officials determined that the company broke federal labor laws by refusing to bargain — an action the company has admitted to. Though the Starbucks roastery, located in the company's hometown, voted to unionize in April, the company has refused to… |
(2022-12-01). Populist climate action requires thinking about freedom from specific oppressors—not just species survival. nationofchange.org The climate crisis is a form of oppression by a wealthy few.
(2022-12-01). China's auto export accelerates to new record. ecns.cn China's auto export industry registered steady growth amid headwinds such as chip shortage, rise of raw material prices, and the pandemic, with export totaling 2.46 million units in the first 10 months, up 54.1 percent on a yearly basis.
(2022-12-01). Moldovan citizens dissatisfied with anti-Russian policy. infobrics.org Thousands of people protest against high energy prices, a consequence of the Moldovan government's refusal to negotiate gas supply with Moscow.
(2022-12-01). Latin America's plan to challenge US dollar with new currency and 'regional financial architecture'. multipolarista.com Advising Brazil's President-elect Lula, Ecuadorian economist and leftist presidential candidate Andrés Arauz made a blueprint for a "new regional financial architecture" to unite Latin America, including an international currency to challenge the hegemony of the US dollar and IMF.
(2022-12-01). Walker-Warnock Race Most Expensive in 2022 Cycle as Runoff Intensifies. truthout.org The U.S. Senate race in Georgia is the most expensive contest of the 2022 cycle, according to OpenSecrets data, with spending by general election candidates and outside groups skyrocketing to $380.7 million as of Nov. 29. Money is still pouring into the Senate race between incumbent Democratic Sen. Raphael Warnock and Republican nominee Herschel Walker. The Georgia contest advanced to a runoff… |
(2022-12-01). Ten Years Later, The Fight For $15 And A Union Continues. popularresistance.org On Nov. 29, 2012, over 100 fast food workers in New York City walked off the job to demand that their wages be increased to $15 an hour and to finally have a voice in their workplaces through union representation. That walkout was the beginning of a movement—a movement that articulated and emerged out of the need for human dignity and democracy in the workplace; a movement that has forcefully asserted that highly profitable industries dominated by multi-billion and multi-million dollar corporations can afford to pay their workers a living wage and allow workers to safely voice their concerns and address iss…
(2022-11-30). Ministry's regulation clarifies rules for talent agents. ecns.cn As the country's entertainment industry grows, so does the demand for talent management.
(2022-12-01). Patent Law regulation amended to improve IP protection system. ecns.cn IP protection as a major principle was highlighted in the Civil Code, the nation's fundamental law for regulating civil activities, and punitive damage was also supported in relevant IP laws, including the Patent Law and the Trademark Law.
(2022-12-01). China's Yunnan passes regulation on protecting centuries-old tea trees. ecns.cn Southwest China's Yunnan Province has passed a protection regulation on its ancient tea trees, stipulating that wild and cultivated tea plants aged over 100 years should be better protected in the province.
(2022-12-01). Farewell to the unipolar world and Disaster capitalism: back to Marx! indybay.org The sanctions have already proved to be a dangerous boomerang because they hit Europe harder than Russia… It is a suicidal illusion to try to win a war against the raw materials giant Russia – which possesses more than a third of all fossil energies and raw materials on earth – and the world's largest high-tech workshop, China, which is united with it.
(2022-12-01). Workers in Germany reject IG Metall's collective bargaining agreement. wsws.org Following the union's acceptance of a miserable deal for the metal and electrical industries, workers' anger with a contract cementing the third consecutive cut in real wages is growing.
(2022-12-01). NZ tertiary union takes legal case over job cuts. wsws.org The Tertiary Education Union has suppressed any further national industrial action and isolated university staff in New Zealand in the face of attacks on jobs and wages.
(2022-12-01). Ways of seeing Australia through capitalist and Aboriginal eyes. greenleft.org.au Barry Healy reviews two Perth art exhibitions exploring the Australian landscape as seen through the eyes of invading capitalism and surviving Aboriginality.
(2022-12-01). Dallas celebrates People's Thanksgiving. fightbacknews.org Dallas, TX – On Saturday, November 26, more than 60 activists gathered at the Pan-African Connection bookstore in Dallas to celebrate People's Thanksgiving, a celebration honoring those who struggle against imperialism, capitalism and national oppression. | The event was emceed by Ammar Hussein of Freedom Road Socialist Organization, who gave an opening speech welcoming the many organizations and participants to the event as well as praising the struggle of indigenous peoples for whom Thanksgiving is a national day of mourning. | "We reject the colonialist myth of Thanksgiving, and we stand in unwavering sol…
(2022-12-01). Ruben àñstlund's Triangle of Sadness: Today's "master class" and "subject class" wsws.org The English-language film is uneven, but its skewering of capitalism is certainly welcome.
(2022-12-01). In the Netherlands, a Discriminatory Algorithm has Impoverished Thousands of Families. strategic-culture.org By Alexia EYCHENNE | Aided by an algorithm, the Dutch tax office has plunged into distress tens of thousands of families — in particular, foreign-born mothers, in wrongfully demanding from them staggering sums. The state is proving incapable of setting things right. | Rotterdam. Each day, Sabrina Sliep picks up her telephone to listen to the same despairing stories. There are families evicted from their residence, today camping with relatives or friends, mothers who work two jobs to keep their heads above water, parents who struggle with depression. Personal trajectories broken one day by a letter from the…
(2022-12-01). Experts say COVID stress can be eased. ecns.cn Putting down the mobile phone, talking about negative feelings with friends or seeking professional counseling are some of the methods to help tackle depression and anxiety during the COVID-19 outbreak, experts said.
(2022-12-01). CEO Thought To Be Modern 'Crypto Madoff' Gets Claps, Sympathy After $Billions Go Missing. moguldom.com Former FTX CEO Sam "Crypto Madoff" Bankman-Fried was applauded Wednesday while being introduced during his most high-profile public appearance since his $32 billion crypto exchange declared bankruptcy on Nov. 7, burning customers. FTX allegedly misused customer funds with $8 billion still owed to those who are out-of-pocket. Bankman-Fried said he was going against lawyers' advice by …
(2022-12-01). Pentagon, Raytheon to deliver $1.2 billon missile system to Ukraine. antibellum679354512.wordpress.com Polish RadioDecember 1, 2022 Pentagon signs $1.2 bn deal to produce NASAMS systems for Ukraine: report The US Department of Defense has signed a USD 1.2 billion contract for the production and purchase of advanced NASAMS air defense systems for Ukraine…. "Raytheon Co., Tewksbury, Massachusetts, was awarded a $1,216,207,829 firm-fixed-price contract for the procurement of …
(2022-12-01). Challenges for Malaysia's new 'national unity government'. greenleft.org.au Dr Jeyakumar Devaraj from the Socialist Party of Malaysia discusses the recent election result and the challenges facing the new government.
(2022-12-01). Tallahassee FRSO hosts October Revolution event. fightbacknews.org Tallahassee, FL – On November 6, the Tallahassee District of the Freedom Road Socialist Organization held a celebratory meeting at Florida State University to honor the 105th anniversary of the October Revolution. | The October Revolution is the 1917 revolution that saw the overthrow of the czar, a Russian monarch, and the establishment of working-class power led by the Bolshevik party. | About a dozen or so students and community members gathered to learn about the October Revolution and the lessons it presents for today. | The event was facilitated by FRSO members Alex Carson, Regina Joseph and Delilah Pierre.
(2022-12-01). Interview with the Socialist Movement of Ghana: The IMF and the class struggle. liberationnews.org "We need to take control of our system, our resources, and distribute them for the benefit of the ordinary Ghanaian and the ordinary African."
(2022-12-01). Socialist candidate Will Lehman on pace to win thousands of votes in UAW election with suppressed turnout. wsws.org Initial results from the first-ever direct election in UAW history show an important level of support for rank-and-file socialist candidate Will Lehman, as well as widespread alienation from the UAW apparatus, as reflected in the abysmal 10 percent turnout.
(2022-12-01). Youth in Australia speak out against war, promote IYSSE global anti-war webinar. wsws.org "I am against war, as many others are. I also believe that international socialism is the only way to end war for good."
(2022-12-01). Despite the ban, queers made important contributions to U.S. Communist movement. peoplesworld.org Ordinarily a person cited, interviewed and profiled in a book wouldn't be the appropriate person to review it. But we are not dealing here with an ordinary book, an ordinary author, nor an ordinary reviewer! And what is "appropriate" anyway? Much of this book talks about who and what were considered "appropriate." The book under …
(2022-12-01). Crean comisión de alto nivel para colaboración interparlamentaria entre Cuba y Rusia. cubadebate.cu El instrumento constituye un importante paso en aras de continuar fortaleciendo los vínculos entre los dos países, con acciones concretas para la venidera etapa de trabajo en áreas de interés mutuo.
(2022-11-30). Preview: What to Expect in the November Jobs Report. cepr.net The November jobs report should provide further evidence of the economy normalizing after its rapid bounce back from the pandemic recession. The big questions will be whether wage growth has slowed to a pace consistent with the Fed's inflation target and whether job growth has slowed to a sustainable pace. Wage Growth Likely to Remain …
(2022-11-30). China's digital industry clusters power growth. ecns.cn China's digital industry clusters have gained momentum as the country's digital economy continues its rapid growth.
(2022-11-30). Iran's Mahalat home to red willow tree. en.mehrnews.com TEHRAN, Nov. 30 (MNA) — Mahalat country in the Markazi Province of Iran is home to the red willow trees. As a natural resource, this kind of tree plays an important role in the local economy.
(2022-11-30). Shame on "Union Joe" Biden for Not Siding With Railway Workers. commondreams.org If rail workers are so important to our economy that a single week of striking could cost the economy $1 billion, and if their demands are so modest that any decent employer would easily exceed them, then meeting their demands seems like the obvious solution.
(2022-11-30). Global economic year-end review. america.cgtn.com Inflation engulfed much of the global economy in 2022. See what the summary of the global economy is this year.
(2022-11-30). The economic outlook is just another manipulation. thealtworld.com As some readers have remarked in their messages to me, I ceased a while back my monthly reports on the Bureau of Labor Statistics jobs reports and inflation rate. The reason is that the numbers are not good enough to be able to discern what is the actual state of the economy. Yet every new number is treated with attention by the financial presstitutes. | The reports in the financial media make no sense. We hear simultaneously that consumer confidence is high but that a number of large firms are laying off 10,000 employees each, that credit card debt is reaching new highs, that housing prices are falling, but empl…
(2022-11-30). High-Ranking Senate Republican Reveals GOP Plan to Slash Social Security. truthout.org The GOP is preparing to use next year's debt limit talks to potentially hold the economy hostage in order to slash crucial anti-poverty programs like Social Security, according to a new interview with the Senate's second ranking Republican. Sen. John Thune (R-South Dakota) said that slashing such programs would be a "solution" to the national debt — an issue that Republicans only bring up in… |
(2022-11-30). President Maduro Announces Reactivation of Loans for Tourism Industry. orinocotribune.com At the closing ceremony of FitVen earlier today, the Venezuelan President Nicolás Maduro announced the availability of additional funding for the execution of tourism projects. | After speaking with the head of the economy, Delcy Rodríguez, it was decided "within the economic growth plan … to revive in a special plan the banking investment portfolio for tourism," said President Maduro. FitVen 2022, the International Tourism Fair of Venezuela, has been held since November 26 in Anzoátegui state. | The president announced that the plan includes "credits in international currency, in dollars, from private and publ…
(2022-11-30). COVID strategies optimized. ecns.cn Authorities will accelerate the lifting of unnecessary restrictions put in place after the recent Omicron-fueled outbreaks to reduce the disease control strategies' economic fallout and other resulting "inconveniences".
(2022-11-30). China remains source of driving force for global prosperity and development. ecns.cn In the face of complex and challenging situation both at home and abroad, the fundamentals sustaining China's steady and sound economic growth in the long run remain unchanged and China remains a source of driving force for global prosperity and development.‚ÄÇ‚ÄÇ…
(2022-11-30). Could China Help Brazil To Overcome Its Economic Crisis? scheerpost.com The economic partnership between Brazil and China, which has advanced greatly in the last two decades, may be one of the keys to reversing the crisis that Brazil faces. But some challenges will need to be faced with diplomacy and strategic planning.
(2022-11-30). The Global South births a new game-changing payment system. thealtworld.com Challenging the western monetary system, the Eurasia Economic Union is leading the Global South toward a new common payment system to bypass the US Dollar. | The Eurasia Economic Union (EAEU) is speeding up its design of a common payment system, which has been closely discussed for nearly a year with the Chinese under the stewardship of Through its regulatory body, the Eurasian Economic Commission (EEC), the EAEU has just extended a very serious proposal to the BRICS nations…
(2022-11-30). The Future of China-Cuba Economic Relations. orinocotribune.com By Alessandro Golombiewski Teixeira Nov 25, 2022 | Cuban President Miguel Díaz-Canel Bermudez embarked on a two-day visit to China at the invitation of the General Secretary of the Communist Party of China (CPC) Central Committee and Chinese President Xi Jinping. Díaz-Canel is the first head of state from Latin America and the Caribbean region to visit China after the 20th CPC National Congress. It's important to highlight that this visit carries more than a traditional friendship visit between two comrades and leaders of the communist parties. The Cuba-China relationship goes beyond good friends and good c…
(2022-11-30). Measures lift stock, currency markets. ecns.cn The Chinese stock and currency markets rebounded strongly on Tuesday amid more supportive measures and government policies.
(2022-11-30). Every Union Contract Right Now Should Be The Best Ever. popularresistance.org If your union goes into negotiations right now and doesn't win its biggest raise ever, you're leaving money on the table. | Soaring inflation means it takes a bigger raise just to break even. And with unemployment low, labor has extra leverage to win more. | Dining hall workers at Northeastern University in Boston just approved a new contract that will raise them to $30 an hour by 2026—triple the $9 they were making in 2012 before they unionized. | After a rowdy mass picket, Sysco food delivery Teamsters in Massachusetts won a 39 percent raise over five years. | Here in Seattle, Providence Swedish hospital…
(2022-11-30). Recession alert: we need a new unemployment insurance system. mronline.org With the Federal Reserve pushing up interest rates, we appear headed for a new recession.
(2022-11-30). The Fed's Response to Rising Inflation Protects the Wealthy at Workers' Expense. truthout.org The specter of inflation is haunting the world's economies. Surging prices since 2020, especially in food and energy, have eroded global living standards, though inflation varies considerably across countries. However, inflation is hitting the working class and lower-income people harder than wealthier households, triggering protests around the world, especially in countries with strong trade… |
(2022-11-30). Census and WaPo at Odds Over Effect of Inflation on Low-Income Families. cepr.net It is getting almost as bad as propaganda from an authoritarian regime. We keep hearing major news outlets tell us that inflation is whacking lower-income families. The Washington Post did it yesterday in an editorial demanding more rate hikes from the Fed to throw people out of work. Lower-income people, like everyone else, are paying …
(2022-11-30). The Washington Post Tells Us Low Income Families Are Especially Hard Hit by Inflation but the Census Bureau Says Their Homeownership Rate is Up: Who to Believe? cepr.net It is getting almost as bad as propaganda from an authoritarian regime. We keep hearing major news outlets tell us that inflation is whacking lower-income families. The Washington Post did it yesterday in an editorial demanding more rate hikes from the Fed to throw people out of work. Lower-income people, like everyone else, are paying …
(2022-11-30). Biden's Student Debt Relief Program Is Now in the Hands of the Supreme Court. scheerpost.com By Marjorie Cohn / Truthout More than 40 million lower-income people burdened with student loans are still waiting for clarity about how much they will owe and when their next payments will be due, as the Supreme Court decides if it will rule on whether to allow President Joe Biden's student debt relief program to …
(2022-11-30). Refugees demand Labor grants them permanent visas, as promised. greenleft.org.au Refugees and their supporters converged on Parliament to demand the federal government act on its promise to give 19,000 refugees permanent visas. Kerry Smith reports.
(2022-11-30). IPAN conference examines the US-Australia military alliance. greenleft.org.au The Independent and Peaceful Australia Network's annual conference criticised federal Labor for failing to pursue an independent foreign policy. Paul Oboohov reports.
(2022-11-30). ISIS Says Its Leader Was Killed In Combat, Appoints New One. southfront.org In a surprise announcement on November 30, ISIS said that its top leader Abu al-Hasan al-Hashimi al-Qurashi had been killed. | In an audio message titled "They Kill and Get Killed," a spokesman for the terrorist group said that al-Hashimi, an Iraqi national, was killed "in combat with enemies of God", without elaborating on when or where this took place. | The spokesman identified the terrorist group's new "caliph" as Abu al-Hussein al-Husseini al-Qurashi. As of now, next to nothing…
(2022-11-30). LEVER TIME: The Debt Ceiling Fight Is Already Brewing. levernews.com In the new episode of our weekly podcast Lever Time, Andrew Perez sits down with Lindsay Owens, executive director of the progressive think tank Groundwork Collaborative, to talk about why the upcoming fight in Congress over the debt ceiling is so pivotal. Owens explains how inflation will play a role in the negotiations, and discusses whether or not President Joe Biden will allow the conflict to be used as an excuse to cut Social Security and Medicare benefits (7: 32).In addition, David Sirota is joined by comedy legend David Cross, known for his roles in Mr. Show and Arrested Development and one of the most sub…
(2022-11-30). Biden: Hands off rail workers and their right to strike! fightbacknews.org On Monday, President Joe Biden publicly called on Congress to force union rail workers to accept the sub-par contract terms he helped craft. This is shameless union busting and pre-emptive strike breaking on behalf of the billionaire railroad bosses. | The members of four unions representing the majority of rail workers already voted down the contract terms negotiated by President Biden and Labor Secretary Marty Walsh. The Biden deal was widely criticized by the rank and file because it does not include any paid sick days – a basic right in most countries, and a sticking point for rail workers. | The votes to rej…
(2022-11-30). Imperial and NTU Singapore form wide-ranging partnership to expand collaboration. imperial.ac.uk Imperial and Nanyang Technological University in Singapore have formed a wide-ranging partnership in research, education, innovation and enterprise.
(2022-11-30). Pro-labor lawmakers move to add sick days to Railway Deal. peoplesworld.org WASHINGTON URGENT UPDATE: Contact your senator By a 221-207 vote, the House this afternoon put the Senate, President Biden, and freight railroads all on the spot, adding seven days of paid sick leave to a previously passed freight railroad contract. Three Republicans joined all 218 Democrats in voting for paid sick days. Rail workers and …
(2022-11-30). House Passes Rail Contract With 7 Days Paid Sick Leave in Win for Workers. truthout.org In a win for workers, the House passed a resolution on Wednesday to force the adoption of a railroad labor contract with, crucially, the inclusion of a hard-fought amendment for seven days of paid sick leave for rail workers. The resolution advanced with a 290 to 137 vote, while the amendment providing sick leave passed largely on party lines, with only three Republicans joining all Democrats in… |
(2022-11-30). "Enough Is Enough": Rail Workers Decry Biden's Push to Impose Strike-Breaking Labor Deal. democracynow.org President Biden is pushing Congress to block a pending nationwide rail strike and push through a contract deal that includes no sick days and is opposed by four of the 12 rail unions. Biden's latest request is an attempt to "legislate us basically back to work, before we've even had a chance to strike," says locomotive engineer and Railroad Workers United organizer Ron Kaminkow. "Workers should have the right to take off work for a reasonable amount for whatever reason they need it," says labor professor Nelson Lichtenstein, who urges the rail workers to strike anyway.
(2022-11-30). The Greenwashing Scam Behind COP27's Flop. popularresistance.org As the annual UN climate conference, COP27, came to a close in late November, the talks produced a lot of lofty rhetoric but little concrete progress on the gravest threat facing humanity today. | There was one very important positive development: After years of demands by poor countries in the Global South suffering the worst impacts of climate disasters, the COP27 agreement finally established a "loss and damage" fund for the wealthy countries most responsible for climate change to compensate poor countries for climate disasters. | Much remains undecided, including the size of the fund, its governance structure…
(2022-11-30). Major study finds that bacterial infections were the second leading cause of death globally in 2019. wsws.org The study, based on data prior to the outbreak of COVID-19, found a marked disparity between the rate of fatalities due to bacterial infections between relatively wealthy and poor populations.
(2022-11-30). Gentrification in East Harlem Forcing Latino Community Out. latinorebels.com Wealthier newcomers have been transforming New York City neighborhoods for generations, but what makes gentrification in East Harlem different is that it is changing the historical reputation of a working-class neighborhood that has held up against such forces for so long.
(2022-11-30). Well-paid Reserve Bank chief demands we sacrifice. greenleft.org.au Reserve Bank governor Philip Lowe apologised to those who took out home loans on the basis of his promise not to raise interest rates. But he had no apology for wage earners trying to make ends meet amid sharply rising prices. Peter Boyle reports.
(2022-11-30). High Fuel Prices Likely to Kill More Europeans Than Fighting in Ukraine. The Economist. globalresearch.ca
(2022-11-30). Cross-border e-commerce surges tenfold. ecns.cn The cross-border e-commerce trade has become an important tool to stabilize foreign trade and promote consumption thanks to such advantages as online transaction, contactless delivery and short transaction chain.
(2022-11-30). As Corporations Enjoy Record-High Profits, Experts Urge Congress to 'Rein Them In'. commondreams.org "Today's record corporate profits mirror what we have been hearing on earnings call after earnings call: Corporations are gleefully reporting that their strategy to burden families with unnecessary price hikes is working."
(2022-11-30). Striking Univ. of California Grad Students Speak Out on Nation's Largest-Ever Higher Education Strike. democracynow.org The largest higher education strike in U.S. history has entered its third week in an effort to secure livable wages, more child care benefits, expanded family leave and other demands. Some 48,000 academic workers at all 10 University of California campuses are on strike, including teaching assistants, postdoctoral scholars, graduate student researchers, tutors and fellows. We speak with a professor and graduate students at three campuses in the UC system, as a tentative deal with postdoctoral scholars and academic researchers was announced Tuesday by the University of California that does not cover graduate stude…
(2022-11-30). Trade union leaders speak at UCU London rally—rhetoric and reality. wsws.org The aim of the trade union bureaucracy is not to reverse the catastrophic fall in their members' standard of living but to win back their seat at the table in enforcing cuts to wages, jobs and conditions as an industrial police force.
(2022-11-30). Deep-sea mining: Capitalism's next destructive frontier. greenleft.org.au Mining companies argue that deep-sea mining is necessary to achieve the global transition to renewables, reports Ben Radford, but this is a lie.
(2022-11-30). DC Government's Racial Equity Plan Is Elite Capture By The State. popularresistance.org D.C. Mayor Bowser's "Draft Racial Equity Action Plan " (REAP) is a public relations document which reflects a continued commitment to the systemic foundations of racial inequities. As a follow-up to the empty gesture of painting the words "Black Lives Matter" on 800 16th Street Northwest, Washington, DC and declaring that space "Black Lives Matter Plaza ", the REAP suggests that the state structures which maintain settler colonialism and capitalism can be a remedy for racial inequity. | "It is our charge and our responsibility to put in place policies that are intentional about ending structural racism and revers…
(2022-11-30). At Stake in Ukraine Is the Future of Globalized Capitalism. libya360.wordpress.com Samir Saul and Michel Seymour Photo by Dmytro Smolienko/Ukraine Territorial Defense Forces/Twitter Ukraine is only one front in an all-round confrontation The far-reaching war in Ukraine is only one phase of a world-wide conflict that began earlier. In international relations, the driving forces are often obscured by surface occurrences, such as immediate military events and the din…
(2022-11-30). Canada's Indo-Pacific Strategy is Pro-Military and Anti-China. libya360.wordpress.com William Ging Wee Dere After teasing Canadians for years, the Indo-Pacific Strategy, released November 27, disappoints on many levels in terms of substance and cold war mentality in attitude. The policy strengthens Canada's commitment to the military industrial complex with half a billion dollars being allocated over five years. The money will be used to…
(2022-11-30). What Climate Debt Does the North Owe the South? fpif.org To keep the planet from overheating, there's just so much more carbon that humans can pump into the atmosphere. From the onset of the Industrial Revolution until today, humanity has used up approximately Equ…
(2022-11-30). Video: Socialist Party of Malaysia on challenges for the new 'government of national unity'. greenleft.org.au Dr Jeyakumar Devaraj from the Socialist Party of Malaysia (PSM) discusses the challenges for Malaysia's newly formed "government of national unity", headed by Prime Minister Anwar Ibrahim from the Pakatan Harapan (Alliance of Hope).
(2022-11-30). Sunday 12/11: Conversation with an Australian Feminist: Fight the Far Right to Win Reproductive Justice. indybay.org New Valencia Hall | 747 Polk St (@ Ellis), SF | (7 blocks from Civic Center BART, on/near #5, 19, 27, 31, 38 Muni bus lines) | Also online (REGISTER: bit.ly/Dec11AussieFeminist)…
(2022-11-30). PSM's Jeyakumar on challenges for the Malaysia's new 'govt of national unity'. greenleft.org.au Dr Jeyakumar Devaraj from the Socialist Party of Malaysia (PSM) spoke to Peter Boyle about the challenges for Malaysia's newly formed "government of national unity'" headed by Prime Minister Anwar Ibrahim from the Pakatan Harapan (Alliance of Hope).
(2022-11-30). Video: PSM's Jeyakumar on challenges for the Malaysia's new 'govt of national unity'. greenleft.org.au Dr Jeyakumar Devaraj from the Socialist Party of Malaysia (PSM) spoke to Peter Boyle about the challenges for Malaysia's newly formed "government of national unity'" headed by Prime Minister Anwar Ibrahim from the Pakatan Harapan (Alliance of Hope).
(2022-11-30). (100 great changes) China's aerospace shifts from follower to world leader. ecns.cn Since the 18th National Congress of the Communist Party of China, China has made fruitful achievements in aerospace, shifting from "following" others to "leading" the world in some aspects.
(2022-11-30). Myths About Chinese 'Police State' and Recent Protests Over COVID-19 Measures. orinocotribune.com The recent protests against government measures to stop the spread of COVID-19 infections in China cover the headlines of mainstream Western media. Given the rarity of the event, the opportunity to promote anti-China propaganda was obviously not going to be passed up. | The BBC, for example, argued that the protests are actually more against Xi Jinping's repressive communist government rather than the sanitary measures. What followed was to be expected: a romanticizing of the brave protesters standing up to the "monster" of the Chinese state. | "Across the country, 'want freedom' has become a rallying cry for a g…
(2022-11-30). Irán e Irak firman acuerdo de seguridad fronteriza. telesurtv.net El convenio fue rubricado para ratificar la colaboración bilateral relacionada con los límites comunes.
(2022-11-30). Meatpacking Giant Tied to Child Labor, Deforestation and Mass COVID Infection. truthout.org In early November, the U.S. Department of Labor filed suit against the Brazil-headquartered, global industrial meatpacker JBS for hiring child labor. Children as young as 13 were hired through a contractor to clean up bloody meatpacking plants in Minnesota and Nebraska. The suit, filed in the name of U.S. Secretary of Labor Martin Walsh, alleged JBS hired children through Packers Sanitation… |
(2022-11-30). Meet Puerto Rican Journalist Bianca Graulau, Featured in Viral Bad Bunny Video on Injustices in PR. democracynow.org Puerto Rico's financial oversight board has voted to extend a contract with LUMA Energy — the private U.S.-Canadian corporation that took over the island's power grid and is widely denounced by residents on the island for its inconsistent service and high prices. The privatization of Puerto Rico's power grid, supported by an unelected board appointed by the U.S. government, represents the "everyday consequences of colonialism," says independent reporter Bianca Graulau, whose latest documentary is called "País de Apagones," or "Country of Blackouts."…
(2022-11-30). Nicaragua's Inconvenient COVID Victory: Western Media Covered Up Its Success. orinocotribune.com By John Perry Nov 24, 2022 | In Nicaragua, Latin America's third poorest country, people who don't work don't eat. Three-quarters of jobs are in small businesses and farms or the informal economy. So, when its first Covid case was diagnosed on 18 March 2020, Nicaragua's President Daniel Ortega knew that shutting down the economy would be catastrophic. | He was under pressure from all sides to introduce strict restrictions. Among Nicaragua's neighbours, El Salvador registered its first case on 18 March and imposed a lockdown two days later; Honduras did the same; Costa Rica imposed a lockdown on 16 March and…
(2022-11-30). Book Review: 'Before Crips' dismantles dominant narrative on gangs. mronline.org For the past several decades, the media has severely manipulated the question of gangs and their socio-economic origins. John C. Quicker and Akil S. Batani-Khalfani's new book, "Before Crips: Fussin', Cussin', and Discussin'" among South Los Angeles Juvenile Gangs, exposes the mainstream stigmas and half-truths surrounding gangs.