(2023-01-11). Sanctions: A Wrecking Ball in a Global Economy. popularresistance.org Sanctions imposed without United Nations endorsement are illegal. That is why they could be legally imposed on South Africa by a resolution of the UN General Assembly in 1962, but are unlawful when imposed by one government, often with selected allies, against any other country, for whatever reason. Known correctly as "unilateral coercive measures," such actions are not only contrary to international law in themselves, but may lead to other breaches of the law if their effects are so severe as to become "crimes against humanity." | The report, Sanctions: A Wrecking Ball in a Global Economy, is a comprehensive ove…
(2023-01-11). China's assistance boosts Cambodia's economic development: Cambodian PM. ecns.cn Cambodian Prime Minister Samdech Techo Hun Sen on Monday thanked China for providing assistance to the country's infrastructure construction, which has greatly promoted the development of Cambodia's economy.
(2023-01-11). Supervision set to guide platforms. ecns.cn China's supervision of platform companies' financial activities will normalize with more targeted efforts to guide them toward better compliance, promote the healthy development of the sector and better serve the real economy.
(2023-01-11). China's COVID-19 management adjustment beneficial to world economy. ecns.cn The International Department of the CPC Central Committee holds a briefing on China's COVID-19 management on Jan 10, 2023.A briefing was held by the International Department of the CPC Central Committee for foreign business representatives in China on Tuesday.
(2023-01-11). Chinese firms' role in global economy bigger. ecns.cn Chinese enterprises, both State-owned and private, are striving to play a bigger role in promoting global economic development and will further accelerate their steps going global.
(2023-01-11). How the German government is reigniting the conflict in Kosovo. wsws.org The renewed escalation of the Kosovo conflict is a direct result of the aggressive policy of the European Union, which is using the Ukraine war to reinforce its political and economic dominance over the Western Balkans. Germany is playing the leading role in this process.
(2023-01-11). Volhynia Turned Into Solid Cemetery. Cry From Soul Of Ukrainian Policewoman (18+). southfront.org Globalists of the New World Order continue to successfully pursue their real goal in the Ukrainian conflict  ; the cleansing of Ukrainian territory from the local Slavic population. | All indications are that apparently this is the minimum globalists' goal in the Ukrainian conflict. The goal of the maximum is likely to achieve the same result on Russian territory. This, by the way, was once mentioned by Margaret Thatcher, who said that it was economically justified to have 15 million people living on the territ…
(2023-01-11). Biden advances US interests and attack on immigrants at North American summit. wsws.org While the stated topics of discussion at the gathering included economic partnership and cooperation, stopping drug and human trafficking, promotion of clean energy and addressing the humanitarian crisis at the US-Mexico border, the agenda subordinated all of these issues to the strategic interests of US imperialism, with Canada playing a supporting role.
(2023-01-11). Press Conference: Defend the African Community's Right to Economic Self-Determination. indybay.org What: Press Conference: Defend the African Community's Right to Economic Self-Determination, and Human and Civil Rights on this MLK Day! | When: Friday, January 13th, 2023 at 10am | Where: Uhuru Furniture & Collectibles, 3742 Grand Ave., Oakland, CA 94610 | Who: African People's Education & Defense Fund and Uhuru Furniture & Collectibles | Black Star Industries and Uhuru Foods and Pies…
(2023-01-11). Belt and Road cooperation injects new impetus into world economic recovery: Chinese FM. ecns.cn
(2023-01-11). How Carrefour profits from Israel's war crimes. electronicintifada.net Labour unions and rights groups in France and Palestine want the retailer to end its partnership with settlement profiteers.
(2023-01-11). Banco Metropolitano S.A informa a sus clientes acerca de límites para las operaciones bancarias. cubadebate.cu El Banco Metropolitano ha establecido límites para las operaciones bancarias de extracción de efectivo y transferencias, que realizan a través de los canales de pago electrónicos los clientes, del segmento de personas naturales, con cuentas soportadas en tarjetas magnéticas (cuenta de salario, jubilación, de ahorro, de formación de fondos y colaboración).
(2023-01-11). Entregan el Premio Nacional de Artes Plásticas 2022 a Flora Fong. cubadebate.cu Flora Fong constituye una de las grandes exponentes de la cultura visual cubana desde hace más de medio siglo. Dada su prolífica trayectoria dentro de la escena pictórica, sus aportes a la visibilidad de la cultura asiática en Cuba y su labor como formadora de varias promociones de artistas en el sistema nacional de enseñanza, la pintora e ilustradora fue galardonada con el Premio Nacional de Artes Plásticas 2022.
(2023-01-11). Thursday 2/2: Essential: How the Pandemic Spurred A Radical New Phase in the Labor Movement with Author. indybay.org The Green Arcade | 1680 Market Street | San Francisco, CA 94102…
(2023-01-11). Brazil Coup & Labor, US CIA AFL-CIO Attack On Mexico Ford Workers, TWU Pres & MLK & ILWU10. indybay.org WorkWeek covers the Brazil Coup & Labor, The US CIA AFL-CIO Attack On Mexico Ford Workers, TWU President John Samuelson On SWA meltdown, MLK, Labor & The ILWU With Retired ILWU 10 Secretary Treasurer Clarence Thomas…
(2023-01-11). US House passes rules package dictated by Republican far right. wsws.org The basic thrust of the rules changes is to slash federal spending on social programs, block tax increases on the wealthy, and make it easier to block federal government funding and any increase in the debt limit.
(2023-01-11). Local gov'ts issue vouchers to boost consumption. ecns.cn As the Spring Festival approaches, many local governments have stepped up their efforts to boost consumption by issuing vouchers and launching a range of promotion activities, Securities Daily reported on Wednesday.
(2023-01-11). Shanghai targets GDP growth at over 5.5 pct in 2023. ecns.cn China's financial hub Shanghai expects to notch a year-on-year gross domestic product (GDP) growth of over 5.5 percent this year, according to a government work report delivered by the city's mayor, Gong Zheng, on Wednesday.
(2023-01-11). Australian union/Pampas management demand a real wage cut—why should workers sacrifice? wsws.org A 4.5 percent pay "rise" for Pampas workers would only amount to an extra $44 to $59 per week, a figure which has already been outweighed many times over by skyrocketing inflation.
(2023-01-11). Climate change, capitalism threaten food security for millions in Texas. liberationnews.org At the heart of the issue is capitalist big agriculture.
(2023-01-11). Aerospace industry base starts operation in south China. ecns.cn China's first commercial aerospace industrial base, which is mainly used for the production, testing and assembly of solid and liquid-fuel carrier rocket, has begun operations in the Nansha district of Guangzhou, Guangdong Province.
(2023-01-11). Canada escalates war in Ukraine with purchase of surface-to-air missile system for Kiev. wsws.org The announcement came after a bilateral meeting between Canadian Prime Justin Trudeau and US President Joe Biden, where the two allies discussed waging war on Russia, thwarting China, securing access to critical raw materials and "friendshoring" supply chains.
(2023-01-10). Former High-Level US Officials Warn Time Is Not on Ukraine's Side in the Conflict. news.antiwar.com Former US Secretary of State Condoleezza Rice and former Secretary of Defense Robert Gates warned in an op-ed published by The Washington Post on Saturday that "time is not on Ukraine's side" as its economy is in shambles and the country is entirely reliant on foreign aid. The former officials said Russian President Vladimir Putin …
(2023-01-10). China to see overall stability in employment in 2023: minister. ecns.cn China's overall employment situation will stay stable in 2023 as the economy continues to recover with optimized COVID response and pro-growth policies, a senior official has said.
(2023-01-10). China's 2022 domestic grain purchases estimated at 400 billion kg. ecns.cn China's 2022 domestic grain purchases are expected to reach 800 billion jin or 400 billion kilograms, keeping in line with the same level seen in previous years.
(2023-01-10). The Good and Better News About the Economy. cepr.net Everyone who carefully follows the news about the economy knows that we are in the middle of the Second Great Depression. On the other hand, those who read less news, but deal with things like jobs, wages, and bills probably think the economy is pretty damn good. We got more evidence on the pretty damn …
(2023-01-10). Nicaragua Is World's Number One Country Where Citizens Feel At Peace. popularresistance.org A poll found that Nicaragua is the top country in the world where citizens feel at peace. | The United States and Western media outlets have long demonized Nicaragua's Sandinista government and its President Daniel Ortega, sponsoring violent coup attempts against him and imposing illegal unilateral sanctions aimed at hurting the Central American nation's economy. | But studies show that the Sandinista Front is very popular among the Nicaraguan people, who enjoy a high quality of life compared to their neighbors. | CNBC reported this January that Nicaragua is the "No. 1 country where people say they are 'always' a…
(2023-01-10). Migration, the Economy, Trade and Security on the Agenda at Mexico City Summit. truthout.org We go to Mexico City for an update on the North American Leaders' Summit, where the presidents of Mexico, the United States and Canada are discussing migration, the economy, trade and security. The summit comes just days after Biden announced that the United States will start to block migrants from Haiti, Nicaragua, Venezuela and Cuba from applying for asylum at the U.S.-Mexico border. |
(2023-01-10). Conflict In Ukraine Accelerated India's Global Rise. southfront.org Illustrative Image Moscow could support India as a mediator but Kiev shows no interest. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | The international order maintains exclusively Western features, but this is quickly disappearing because of the impact the conflict in Ukraine has had in advancing multipolarity. In the context of a rapidly changing global system, India is set to gain more so than any other country as it was presented with an opportunity to consolidate its importance i…
(2023-01-10). Analyst suffered 20 years in US prison for helping Cuba, still condemns 'suffocating' blockade. geopoliticaleconomy.com Former DIA analyst Ana Belén Montes was imprisoned for 20 years for sharing intelligence with Cuba that helped it prevent US attacks and sabotage. Upon being released, she condemned the "suffocating embargo" that makes Cubans "suffer."
(2023-01-10). Fed's Raphael Bostic: Interest Rates Will Remain High, Over 5 Percent Well Into 2024. moguldom.com Atlanta Federal Reserve President Raphael Bostic said Friday that better-than-expected employment growth in December hasn't changed his mind on monetary policy. He still sees interest rates rising higher than 5 percent and staying there "for a long time." Bostic said the Fed was committed to fighting high inflation and driving down demand in the economy. …
(2023-01-10). How Western sanctions blow back, hurting Europe, deepening Asian integration. geopoliticaleconomy.com Western sanctions led Russia to greatly increase trade with Asia, while devastating Europe's economy. The US tech war against China is damaging its own industry.
(2023-01-10). How Sanctions Contributed to Venezuela's Economic Collapse. popularresistance.org During the past decade, Venezuela lived through the largest economic contraction documented in the history of the Western Hemisphere. The implosion took place at the same time as the U.S. government barred oil purchases, froze government bank accounts, prohibited the country from issuing new debt, and seized tankers bound for Venezuela. One would think it should be self-evident that any account of Venezuela's economic contraction would place economic sanctions in a central role. | However, sanctions play a surprisingly limited role in most mainstream accounts of the Venezuelan crisis. A recent Council on Foreign…
(2023-01-10). Economic Corridor "China — Mongolia — Russia": Infrastructure in Focus. infobrics.org With logistical flows redirected, Russia's interest in the opportunities of east-bound transport routes, including transit via Mongolia to China and on to other destinations in Asia, has dramatically increased…
(2023-01-10). Saturday 1/21: 2023: A Coming Economic Crisis? Who Will Pay? with Richard Wolff (Online). indybay.org Online townhall, see website for details…
(2023-01-10). Sunday 1/8: The Pursuit of Happiness framed in political-economic terms. indybay.org Virtual through Google Meet: The Pursuit of Happiness framed in political-economic terms | Sunday, January 8 ∑ 7: 00 — 8: 00pm | Google Meet joining info | Video call link: meet.google.com/mqd-jtmf-gkk…
(2023-01-10). Socioeconomic status measure helps researchers develop artificial intelligence models, improving equity in health care. newsnetwork.mayoclinic.org Social determinants of health impact people's well-being and quality of life. These social determinants — conditions such as access to nutrition, safe and affordable housing, jobs, transportation, and access to health care — are some of the factors that lead to disparities in health and health care if they are not addressed. "Defining and assessing social determinants of health really invites clinicians, educators, and researchers to embrace a broader understanding of health in the social…
(2023-01-10). Sri Lankan president demands more austerity. wsws.org Wickremesinghe's message underscores his determination to impose the burden of the deepening economic crisis gripping Sri Lanka onto the working class and the poor.
(2023-01-10). Apple: Forced Labor in India With Foxconn. strategic-culture.org Is the assembly of Apple iPhones in India " | good corporate governance"? | Apple has its latest iPhones 12 and 13, and since this year also iPhone 14, finally assembled in the South Indian special economic zone Chennai in the state of Tamil Nadu. Numerous Indian electronics companies are established here, supplying Western car companies such as BMW and Ford, and digital companies such as Nokia, Dell, Hewlett Packard, Microsoft and Apple. | In the U.S., the Western world's best-looking, best smartphone from the "world's largest democracy" costs from $1, 0 — up to $2,099 depending on the model. | For this Appl…
(2023-01-10). Former Rep. Ron Paul: The Mother Of Economic Crises Will Hit America, Expect Social Unrest, Violence. moguldom.com In a weekly column, Libertarian and former Texas congressman Ron Paul echoed the words of economist Nouriel "Dr. Doom" Roubini, who has warned that the massive debt held by individuals, businesses, and the government will soon lead to the "mother of all economic crises." A former member of President Bill Clinton's Council of Economic Advisors, …
(2023-01-10). CEPR Spotlight: Latin America. cepr.net CEPR has long been a leader in examining economic and political developments in Latin America. Highlights of our work in 2022 included the following: Co-Director Mark Weisbrot joined Joseph E. Stiglitz to author this op-ed for Foreign Policy on the February 2022 agreement between Argentina and the International Monetary Fund (IMF). The piece highlighted that …
(2023-01-10). Cuba Says Biden Applies Blockade Even More Aggressively Than His Predecessors. orinocotribune.com By Marjorie Cohn  ; Jan 5, 2023 | Biden has maintained many of Trump's sanctions against Cuba. He must fulfill his promise to reverse Trump's actions. | The current U.S. government, the one of Joseph Biden, of all those that the Cuban Revolution has known, is the one that has most aggressively and effectively applied the economic blockade," Carlos Fernández de Cossío, vice minister of Foreign Affairs of Cuba,
(2023-01-10). International tourism markets welcome Chinese tourists with open arms. ecns.cn Many countries welcomed Chinese tourists as China announced to downgrade management of COVID-19 infection and resume outbound tourism for Chinese citizensorderly.
(2023-01-10). Fascist Coup & Lessons For Brazilian Working Class With Fabio Bosco of Conlutas Union Fed. indybay.org Fabio Bosco and transit worker from Sao Paulo and with the independent Conlutas trade union federation reports on the results of the attempted coup in Brazil and what this means for the working class.
(2023-01-10). Labor drip feeds justice to refugees. greenleft.org.au Labor promised to end the cruel practice of imposing temporary protection visas. Alex Bainbridge argues its announcement concerning 19,000 refugees is welcome, but does not go far enough.
(2023-01-10). FM Qin's trip to cement ties with African, Arab nations. ecns.cn Beijing pins high hopes on partnership and collaboration with African and Arab countries at the start of the new year as Foreign Minister Qin Gang embarks on his first trip abroad since being appointed to…
(2023-01-10). Science Saturday: MayoComplete next-generation sequencing — Transforming comprehensive cancer care. newsnetwork.mayoclinic.org For patients facing a cancer journey, navigating diagnosis and treatment can be extremely daunting. Fear of the unknown is compounded by a confusing ocean of emerging information on discoveries and technological advancements. While each wave of progress brings about new types of treatment, including targeted and immune therapies linked to improved outcomes, the cancer's nuances must be understood for these pioneering treatments to work. Laboratory testing offers crucial information to help patients traverse the shifting…
(2023-01-10). Celebrating international relationships, past, present and future. newsnetwork.mayoclinic.org It was 100 years ago that Dr. Charles Mayo visited France and met with famed physicist Marie Curie, the first woman to receive the Nobel Prize. That meeting helped to set the stage for her research collaboration with Mayo and the relationship between Mayo and France that continues today. Celebrating those past, present and future relationships was the reason for a news conference held at Mayo Clinic on Friday, Jan. 6. Ambassador of France to…
(2023-01-10). Inflation Preview: What to Look for in the December CPI. cepr.net (The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Thursday, January 12th at 8: 30 AM Eastern Time.) The overall inflation rate in November was just 0.1 percent, held down by a 2.0 percent drop in gas prices. However, inflation in the core index was also moderate, coming …
(2023-01-10). Organizing workers from Amazon to Minor League Baseball. therealnews.com Last month Working People hit a new milestone: We recorded our first live episode in front of an audience! Organized by the Action Builder / Action Network team and hosted by Busboys & Poets in Washington, DC, we got to speak with Michelle Valentin Nieves of the Amazon Labor Union and Harry Marino of the Major League Baseball Players Association about the incredible worker organizing victories for Amazon workers and minor league baseball players, and about lessons we have learned from an intense year of grassroots struggle that we will be carrying into 2023. | Michelle Valentin Nieves is the Executive Secre…
(2023-01-10). Netflix's 'Descendant' shows capitalism continues to oppress African descendants. mronline.org In the spring of 1860, wealthy businessman Timothy Meaher made a bet that he could illegally kidnap and ship Africans from Africa to Mobile, Alabama, without being detected by federal officials.
(2023-01-10). Stock Market Index Funds Can Beat Crypto: On Cryptocurrency Investing and Building Black Wealth. cepr.net From a public relations perspective, 2022 was an awful year for the cryptocurrency industry. The value of Bitcoin and other popular currencies lost more than half their value. Several major bankruptcies, scams, and frauds associated with the industry surfaced with the FTX-Sam-Bankman-Fried scandal only being the most sensational. While 2022 was bad for the crypto …
(2023-01-10). Republicans Vote to Revoke IRS Funding, Which Would Raise Deficit by $114B. truthout.org After a week-long scuffle over the House speakership, House Republicans held their first vote with their new majority on a bill to slash over $70 billion for the Internal Revenue Service (IRS) — funding that was pegged to allow the agency to go after wealthy tax cheats. Republicans have specifically targeted the IRS funding that Democrats passed in last year's Inflation Reduction Act… |
(2023-01-10). Battle for Social Democracy and Unfettered Capitalism. indybay.org Two opposing schools of thought face each other at the sickbed: neoliberalism and social democracy. But didn't the death-bells of neoliberalism ring in the course of the financial market crisis? Were not neoliberals unmasked as charlatans who first caused the whole mess with their deregulation medicine?
(2023-01-10). FTX bankruptcy fallout continues unchecked in crypto market. wsws.org The significance of the crypto debacle, marked by ongoing bankruptcies, lies in the fact that it is the most egregious expression of processes in the broader financial system.
(2023-01-10). Comparison of the Financial and Operational Characteristics of For-Profit and Nonprofit Hospitals Receiving Federal GME Payments, 2011-2020. jamanetwork.com This study compares graduate medical education (GME) payments between nonprofit and for-profit hospitals between 2011 and 2020 to assess how hospitals value GME.
(2023-01-10). What to Expect From the Government in 2023? More of the Same. strategic-culture.org By John & Nisha WHITEHEAD | For those wondering what to expect from the government in 2023, it looks like we're going to be in for more of the same in terms of the government's brand of madness, mayhem, corruption and brutality. | Digital prisons. Unceasingly, the government and its corporate partners are pushing for a national digital ID system. Eventually, a digital ID will be required to gain access to all aspects of life: government, work, travel, healthcare, financial services, shopping, etc. | Precrime. Under the pretext of helping overwhelmed government agencies work more efficiently, AI predictive and sur…
(2023-01-10). Japan's Defense Strategy: A View from the Korean Corner. journal-neo.org On December 16, 2022, Japan's Cabinet approved amendments to three key national security and defense documents. First, an increase in the military budget is envisaged. The Japanese government has previously announced plans to increase defense spending to 2% of GDP by 2027 (it is currently 1% of GDP). If Japan does so, its defense spending …
(2023-01-10). University of California to invest $4 billion in private equity giant Blackstone. wsws.org Emboldened by the UAW's sellout, the University of California has made a substantial investment in a company that profits from the maintenance of high rent.
(2023-01-10). How Big Pharma actually spends its massive profits. mronline.org New research shows that pharmaceutical companies have spent more on enriching shareholders than drug research and development over the past decade.
(2023-01-10). McKinsey's Addiction Corporations. scheerpost.com By Thomas Klikauer / CounterPunch Almost 30 years ago, tobacco CEOs were forced to answer questions — under oath. For the first time, corporate bosses had to admit that tobacco companies were designing cigarettes to sustain addiction — a dark day for corporate profits, tobacco corporations, and the ever supportive management consultancy firm: McKinsey. Yet, it was a good day for everyone else. …
(2023-01-10). New Zealand: Reject sellout of Wellington rail workers! wsws.org The Socialist Equality Group calls on rail workers in Wellington to reject the sellout agreement presented by the Rail and Maritime Transport Union, which constitutes a real wage cut, and to form a rank-and-file committee independent of the pro-capitalist union.
(2023-01-10). Fidel, Martí y el aporte de Cuba al mundo. cubadebate.cu La experiencia histórica única de Cuba no se puede copiar en ninguna parte, pero la pequeña nación ofrece al mundo algunas lecciones tremendas sobre los valores del socialismo humanista combinados con el pensamiento y la práctica antiimperialistas. La experiencia histórica única de Cuba no se puede copiar en ninguna parte, pero la pequeña nación ofrece al mundo algunas lecciones tremendas sobre los valores del socialismo humanista.
(2023-01-10). Samidoun salutes Jose Maria "Ka Joma" Sison during weeks of tributes. samidoun.net Since the passing of Filipino leader, comrade Jose Maria "Ka Joma" Sison, in the Netherlands on 16 December 2022, Samidoun Palestinian Prisoner Solidarity Network had the honor of participating in tributes and events celebrating the life of the co-founder of the Communist Party of the Philippines and one of the greatest revolutionaries of the past …