(2023-01-25). China's natural gas output up 6.5% in December 2022. ecns.cn China's natural gas output logged steady growth in December 2022, data from the National Bureau of Statistics showed.
(2023-01-25). RMB remains fifth most active currency by value in December: report. ecns.cn The Chinese currency renminbi (RMB), or the yuan, remained the fifth most active currency for global payments by value in December 2022, a report has showed.
(2023-01-25). China remains Germany's main supplier of rare earths. ecns.cn Germany's imports of rare-earth metals from China amounted to 49.3 million euros (53.7 million U.S. dollars) in the first eleven months of 2022, accounting for two-thirds of the total imports, the country's Federal Statistical Office (Destatis) said on Tuesday.
(2023-01-25). Concerns of Growth, Pandemic, War and Inflation Top World Economic Forum Agenda. indybay.org World Bank Cuts Global Growth Forecast as Developing Countries Struggle with Debt…
(2023-01-25). Ukraine, The Corruption Discovered Is Nothing But The Zelensky's Method. southfront.org Illustrative Image | Written by Piero Messina | What unites Sierra Leone, Zambia and Ukraine? The corruption. Now it will be a big problem for President Zelensky to convince Western partners to continue economic support for his proxy war. The scandal that led to the arrests of top government leaders in Kiev was hardly unexpected. After all, his trusted men have acted with the same method that has distinguished the Ukrainian president for years. | Let's see the international data. According to Transparency Internation…
(2023-01-25). China's power use up 3.6 pct in 2022. ecns.cn China's electricity consumption, a key barometer of economic activity, maintained stable growth in 2022, official data shows.
(2023-01-25). U.S. to test nuclear engine for future Mars missions. ecns.cn NASA and the U.S. Defense Advanced Research Projects Agency (DARPA) announced Tuesday a collaboration to demonstrate a nuclear thermal rocket engine in space, the key steps for sending the first crewed missions to Mars.
(2023-01-25). Let the ruling classes tremble! workers.org The working class of France has a long and significant history in the struggle between labor and capital, including the revolutions of 1848 that engulfed several European countries. It was in the context of these revolutions that Karl Marx and Friedrich Engels wrote the Communist Manifesto — then and now, . . . |
(2023-01-25). Celac reafirma compromiso con la integración regional. telesurtv.net Las autoridades renovaron su disposición para coordinar las labores necesarias en la atención de diversas problemáticas que afectan a la región.
(2023-01-25). Socialist Alliance gives critical support to Voice to Parliament. greenleft.org.au The Anthony Albanese Labor government's Indigenous Voice to Parliament will be another token gesture, unless the government is also forced by a strong popular movement for real First Nations justice, argues Socialist Alliance.
(2023-01-25). Venezuela's Vice President: Inflation Reduced by Almost 2/3 in 2022. orinocotribune.com Caracas, January 24, 2023 ( The top official accompanied her presentation with a slideshow showing the evolution of inflation from 2016 to 2022. In 2016, the inflation was at 274%, 863% was reported in 2017, 130…
(2023-01-25). China's spending on R&D hits 3 trln yuan in 2022. ecns.cn China's total expenditure on research and development (R&D) amounted to nearly 3.09 trillion yuan (about 456 billion U.S. dollars) in 2022, up 10.4 percent year on year, according to the National Bureau of Statistics (NBS).
(2023-01-25). The mass shootings in California and the social pathology of capitalism. wsws.org Whatever the specific motivations and circumstances behind the latest horrific mass shootings in the United States, their regularity is a social phenomenon and requires a social explanation.
(2023-01-25). La unipolaridad y el peligro de guerra mundial. globalizacion.ca Está fuera de toda duda que los políticos estadounidenses y europeos representan los intereses de la OTAN y del complejo militar industrial de EEUU, también que la burocracia de la UE sigue las órdenes de Washington en perjuicio de sus…
(2023-01-25). Sri Lankan SEP to contest local government elections. wsws.org The SEP is the only party in Sri Lanka that fights for the unified mobilisation of the working class on an international socialist perspective and against the communal divisions whipped up by the ruling elites.
(2023-01-24). Can You Smell What the Year of the Rabbit Is Cooking? strategic-culture.org The New Silk Roads, or BRI, as well as the integration efforts of BRICS+, the SCO and the EAEU will be on the forefront of Chinese policy. | Liu He studied economics at Renmin University in China and got a Master's from Harvard. Since 2018, he's one of China's Vice Premiers — along with Han Zheng, Sun Chunlan, and Hu Chunhua. He's a Director of the Central Financial and Economic Affairs Commission and heads the China Financial Stability and Development Committee. Anyone around the world who wants to know what will drive China's economy in the Year of the Rabbit must pay attention to Liu He. | Davos 2023 ha…
(2023-01-24). Poland Claims Germany Will Face International Isolation If It Does Not Send Tanks To Ukraine. southfront.org Illustrative ImageUS continues to pressure Berlin to change policy on weapons delivery. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | Germany contends with increasing pressure and scrutiny from its so-called European Union and NATO allies to deliver Leopard tanks to Ukraine. However, a fake narrative is also being constructed that Berlin is an international pariah, so-much-so, that it could even face international isolation for not sending the tanks."Germany will be in…
(2023-01-24). This Is Absurd. The Debt Ceiling Must Be Abolished. commondreams.org
U.S. Treasury Secretary Janet Yellen announced last week that the federal government had reached the statutory debt limit and that her department had begun "extraordinary measures" to meet required spending obligations. It is estimated that by July these extraordinary measures will no longer be able to keep some spending obligations from being missed.The fact that the statutory debt limit can inject such chaos into the American political system and economy is truly odd. The debt limit measures nothing coherent and has no relationship to any serious measure of the economic burden imposed by the nation's d…
(2023-01-24). What to Look for In the Fourth Quarter 2022 GDP Report. cepr.net After two consecutive quarters of negative growth in the first half of 2022, the economy grew at a strong 3.2 percent annual rate in the third quarter of the year. We should expect to see a comparably strong fourth quarter, with both consumption and non-residential investment showing healthy growth. A smaller trade deficit should also …
(2023-01-24). Warren: Debt Ceiling Crisis Wouldn't Even Exist Without Trump Tax Overhaul. truthout.org Sen. Elizabeth Warren (D-Massachusetts) dug into Republicans for their willingness to "wreck the economy" over the debt ceiling, pointing out that the GOP is only interested in protecting their rich allies and creating an economic crisis that would reflect poorly on President Joe Biden. In an appearance on MSNBC, Warren said that the conservative regressive tax policies that the GOP has pushed for… |
(2023-01-24). US President Bush praised dictator Fujimori as 'Peru's hope for the future'. geopoliticaleconomy.com US President George H. W. Bush welcomed far-right Peruvian dictator Alberto Fujimori to the White House in 1991, heroizing him as "Peru's hope for the future" and praising his neoliberal economic policies.
(2023-01-24). Is it Spook? Insider Explains Venture Capitalists Don't Really Have $300 Billion Of 'Dry Powder' Waiting. moguldom.com Venture firms held back on investment in 2022 as inflation skyrocketed, the economy stalled and markets tanked. The floodgates may be about to open. Dry powder — the highly liquid, unallocated capital a venture capital firm has on hand that's waiting to be invested — has reached record high levels. Jon Sakoda, founder of early-stage …
(2023-01-24). China's Economy Outlook 2023 in the Context of the World Economy. globalresearch.ca
(2023-01-24). How the US is blackmailing countries that buy American weapons. journal-neo.org Economic sanctions and blackmail have long been the preferred methods of conducting foreign policy and advancing the United States' own geopolitical interests. In 2018, the US withdrew from the agreement on Iran's nuclear program signed in May 2015, following which Washington began to implement the "maximum pressure" strategy on Iran. In 2019, the US government …
(2023-01-24). A New Worker Movement From The Shell Of The Old. popularresistance.org In this third decade of the twenty-first century, the U.S. and global working class confront conditions unique both in their potential for advancing justice and in their ability to deepen already gaping economic and racial inequality and planetary peril. Especially since 2020, workers have engaged in protest and organizing in ways that inspire great hope. Workers are angry, organizing, striking, and challenging their bosses and the systemic racism they face. From Red for Ed and teacher strikes, to the strikes at John Deere and Kellogg, and the organizing at Amazon and Starbucks, there are growing examples of work…
(2023-01-24). Is a Winning Solution in Sight in Haiti? fpif.org The problems that simmer beneath the surface in Haiti rarely make it into the news. Only a few events occasionally bubble to the surface, like the thousands of migrants who suddenly showed up at the U.S.-Mexico border in September 2021, followed by the kidnapping of a group of missionaries and their dramatic escape several months later. Gangs physically control more than 60 percent of the capital city and all of Haiti's major highways. They are holding the country hostage and choking economic life for all, whether through kidnapping ransoms, bribes to corrupt police and officials, illegal fees, or outright murder…
(2023-01-24). Zelensky Cites Military Aid as 'Big Business' Opportunity for American Companies. news.antiwar.com Ukrainian President Volodymyr Zelensky on Monday cited US military aid as an example of the "big business" opportunities American corporations can find in his country. Zelensky said in a video address to a meeting of the National Association of State Chambers in Boca Raton, Florida, that rebuilding Ukraine will provide major economic opportunities. "It is …
(2023-01-24). Perú: øAsediado por EE.UU., la CIA y el Foro Económico Mundial? globalizacion.ca El presidente de Perú, Pedro Castillo , socialista del partido "Perú Libre" ("Perú Libre"), fue elegido en las elecciones generales de Perú el 11 de abril de 2021. Ganó las elecciones con un margen de menos del 1%; y fue…
(2023-01-24). Davos 2023 Showed Us a Ruling Class Incapable of Resolving Global Crises. truthout.org The transnational corporate and political elite were back in Davos, Switzerland, from January 16-20 for their annual conclave amid the most severe crisis of global capitalism since the founding of the World Economic Forum half a century ago. In earlier years, participants in the exclusive gathering jet-setted into the Swiss resort town exuding confidence in the hegemony of global capitalism. |
(2023-01-24). Inside the Growth Of 'Earn Your Leisure,' One Of The Hottest Podcasts In America. moguldom.com When Rashad Bilal and Troy Millings launched a podcast called "Earn Your Leisure" in January 2019, they saw a void. There were very few places where young Black people could go and get knowledge about the financial world. Now just four years later, Bilal and Millings seem to have applied some of the economic empowerment …
(2023-01-24). China in the Year of the Rabbit. libya360.wordpress.com Pepe Escobar The New Silk Roads, or BRI, as well as the integration efforts of BRICS+, the SCO and the EAEU will be on the forefront of Chinese policy. Liu He studied economics at Renmin University in China and got a Master's from Harvard. Since 2018, he's one of China's Vice Premiers — along with…
(2023-01-24). Egyptian Economic Crisis Has Hit Syrian-Owned Businesses. globalresearch.ca
(2023-01-24). Climate Crisis Making Millions Too Poor to Escape… the Climate Crisis. commondreams.org
As the worsening climate emergency creates an increasing number of migrants around the world, the economic effects of the planetary crisis are paradoxically making millions of people throughout the Global South too poor to escape its ravages. That's according to a
(2023-01-24). DOJ Demands a Break Up of Google's Advertising Monopoly. commondreams.org In response to news that the Department of Justice Antitrust Division has | "We're thrilled to see the Department of Justice finally demand a break up of Google's advertising monopoly," | said Matt Stoller, Director of Research at the American Economic Liberties Project. "As the Justice Department's…
(2023-01-24). To Save Our Democracy, We Must Transcend Bill Clinton's Legacy. commondreams.org
| Thirty years ago this month, Bill Clinton launched a presidency he claimed, in his inaugural address, would "reinvent America." Clinton was right: he did reinvent America, definitively shifting the Democratic Party away from a politics that saw economic security for American working people as the fundamental task of government, a path that had brought the party decades of political success. The disastrous consequences of that shift, limiting working Americans' expectations about how our political system can improve their lives, are with us to this day. To save our imperiled democracy, we must definiti…
(2023-01-24). Saudi Arabia Joining BRICS: A Strategic Game Changer. infobrics.org In the book, BRICS and Global Governance, emerging markets and developing countries are increasingly playing a defining role in those trends, particularly in the growing cooperation among emerging markets and developing countries in the form of south—south cooperation…
(2023-01-24). One of the Most Important Antitrust Cases in American History: Our Reaction to the DOJ's Historic Suit Against Google. commondreams.org Today, Open Markets Institute Executive Director Barry Lynn released the following statement on the Department of Justice's intent to bring suit against Google parent company, Alphabet, over its monopolization of digital advertising: | "Today's lawsuit by the Department of Justice against Google for the monopolization of advertising will be remembered as one of the most important antitrust cases in American history. No previous corporation has ever posed such a direct threat to U.S. democracy, or to individual freedom of expression, action, and thought. | All of us at the Open Markets Institute commend the en…
(2023-01-24). Eat ze bugs! EU approves adding defatted and powdered insects to foods. americanthinker.com Another step to Save The Planet so Davos elites can continue to fly in their private jets and eat steak, while the hoi poloi slip into poverty.
(2023-01-24). Nicaragua Stands Out in Latin America With Its Lower Poverty Rate. orinocotribune.com On today's broadcast of Estudio TN8, we talk about how Nicaragua stands out in Latin America in terms of its poverty reduction with economist Frank Matus and sociologist and political analyst Freddy Franco. | Frank Matus: Within Latin America, Nicaragua is among the countries that has best managed to reduce its poverty rate. In 2007, Nicaragua's poverty rate was at 48.3%. After the transition to a Sandinista government, this percentage has been steadily reduced and currently is at 24.9%. | Estudio TN8: How was this possible? | Freddy Franco: I think the key was the arrival of the FSLN government, which proposed a…
(2023-01-24). Republicans Want to Raise Retirement Age to 70 as Life Expectancy Is Falling. truthout.org In a time when life expectancy in the U.S. is declining for the first time in decades and Americans can expect on average to enjoy even fewer years of retirement, Republicans are considering a radical plan to shrink the retirement window. House Republicans have been working out the details of their deeply unpopular plan to cut Social Security and Medicare in order to deepen poverty and shackle… |
(2023-01-24). The GAFSP has opened the call for proposals for PO-led projects. actionaidusa.org As our world faces an unprecedented crisis, the number of food-insecure people is expected to double from what it was in 2019, placing 49 countries at risk of famine. The Global Agriculture and Food Security Program (GAFSP), which was created to help low-income countries build sustainable and resilient agriculture and food systems, continues to provide…
(2023-01-24). Labor must take a stand on Palestine. greenleft.org.au How can we prevail on Labor to admit that realpolitik is obscene as a frame for its Israel relations? How can we force it to see the Israeli colonising project as unacceptable in today's world, asks Ken Blackman?
(2023-01-24). A pesar del bloqueo/ El sistema sanitario cubano es extraordinario. workers.org El día que la 51 ™ Brigada Venceremos partió hacia Cuba, el 27 de diciembre de 2022, unas 262 personas murieron en Estados Unidos a causa del COVID-19. De los 11 millones de habitantes de Cuba, sólo 30 dieron positivo por COVID-19 ese mismo día. Destacados científicos del laboratorio farmacéutico cubano . . . |
(2023-01-24). Republicans give extreme anti-labor N.C. Rep. Foxx power over workers. peoplesworld.org WASHINGTON (PAI)—Rep. Virginia Foxx, R-N.C., gives the appearance of being somebody's kindly grandmother, gray hair, wire-rimmed glasses and all. But when she talks about workers and unions, the new—and former—chair of the House Education and Labor Committee, now again titled "Education and the Workforce," is anything but. She is the most viciously anti-worker lawmaker who …
(2023-01-24). Venezuela envía a su canciller a la VII Cumbre de la Celac. telesurtv.net El Gobierno denunció un plan elaborado por la derecha neofascista para llevar a cabo una serie de agresiones en contra de la delegación encabezada por el presidente Maduro.
(2023-01-24). Australian Labor government spends $4 billion on weapons in three weeks. wsws.org While there is no money for public healthcare and education, both in an unprecedented crisis, the war machine is being provided with a blank cheque.
(2023-01-24). The republic of prosecution: South Korea's national security state unleashes attacks on labor and peace activists. mronline.org Progressive South Korean citizens have been watching with impending dread the deepening threats of political repression since the former prosecutor Yoon Suk Yeol assumed the South Korean presidency. On Wednesday, January 18, the Yoon administration took off its gloves.
(2023-01-24). Updated Demographics and Health Stats for Older Adults Released. jamanetwork.com The Administration for Community Living (ACL), through its Administration on Aging, released updated demographics for the US population aged 65 years or older. Data were sourced from the Bureau of Labor Statistics, the National Center for Health Statistics, and the US Census Bureau.
(2023-01-24). Kyrie Irving Donated $ K To Oldest Independent Black-Owned Press In U.S. moguldom.com Kyrie Irving is once again supporting the culture by using his wealth to support Black-owned businesses. The NBA Champion recently donated $ ,000 to the Third World Press Foundation, the nation's oldest independent Black publishing company. Irving donated to the company's Flood Fund via a GoFundMe campaign. According to the campaign's description, funding will help the non-profit publisher …
(2023-01-24). California's record high gas prices have set the stage for showdown with oil companies and. indybay.org On November 19th, Californians paid $5.30 per gallon of gasoline, while Texans paid $3.02. Stopping this price gouging with a windfall profit cap has become a priority of the governor. If Gov. Newsom can pass a windfall profits cap, it will be viewed as a major victory over the California oil industry. | California Governor Gavin Newsom's official plan to combat these high prices was introduced by State Senator Nancy Skinner, on the day the legislature reconvened to swear in members, December 5, 2022.
(2023-01-24). The US 'Inflation Reduction Act' — blatant protectionism. thecommunists.org US imperialism, not content, through its policy of sanctioning Russia, with depriving Europe of the cheap Russian gas and oil that facilitated Europe-based industries to operate competitively in the world market, has now delivered another shattering blow to Europe and its competitors worldwide with the passing of its so-called Inflation Reduction Act. Under the provisions …
(2023-01-24). St. Louis Fed Breaks All Statistical Rules With Misleading Graph. popularresistance.org In an attempt to grossly exaggerate China's defense spending, and simultaneously downplay the US military budget, the Federal Reserve Bank of St. Louis published a jaw-droppingly deceptive graph. | If a student presented this in a statistics 101 class, the teacher would likely give them an F. But because it involves Washington's public enemy number one, Beijing, the US regional reserve bank was awarded a Golden Star for exemplary service in the New Cold War. | The St. Louis Fed listed the world's top six countries by military expenditures, but used two separate axes: the spending of China, Russia, Britain, India,…
(2023-01-24). The Missing Story In The Global Firepower Ranking. popularresistance.org The Global Firepower ranking was published on January 6. The annual report classifies the world's strongest militaries based on over 60 factors, including size, spending and technological advancements. | The report, which placed the United States military on top, followed by Russia, China, India and the UK, raised more questions than answers, with some accusing GFP, the organization that compiled the report, of being biased, sloppy and highly politicized. | For example, while Russia maintained its former position as the second strongest military in the world, Ukraine jumped by seven spots, to occupy the 15th posi…
(2023-01-24). Making Politicians Uncomfortable, with Anti-War Activist Medea Benjamin. mintpressnews.com Medea Benjamin, co-founder of CODEPINK, discusses her book on the Ukraine conflict, the dangers of escalating military spending, peaceful negotiations, and international cooperation in preventing nuclear war and promoting peace.
(2023-01-24). While slashing pensions, Macron demands 40 percent hike in French military budget. wsws.org While pledgng to cut €13 billion per year from pensions despite mass popular opposition, Macron plans to raise military spending to €413 billion over the years 2024-2030.
(2023-01-24). Sen. Gillibrand Wants F-35 Sales to Arab Countries That Normalized With Israel. news.antiwar.com Sen. Kirsten Gillibrand (D-NY) told The Times of Israel that the US should sell F-35 fighter jets to Arab countries that have normalized with Israel under the Abraham Accords in exchange for investments that could benefit the Palestinians. The Trump administration promised F-35s to the UAE as its reward for normalizing with Israel. The …
(2023-01-24). New York City retirees fight Democrat-union conspiracy to privatize health care. wsws.org Retired New York City workers are resisting the plan of the city's Democratic administration and the municipal unions to transfer them into a privately run, profit-making Medicare Advantage plan.
(2023-01-24). Australia: Lismore flood victims protest against buy-back scheme "limbo" wsws.org Anger over delays and lack of transparency, and concerns over profiteering developers, were voiced when residents protested outside the Northern Rivers Reconstruction Corporation office.
(2023-01-24). All Masks Thrown Off. The Euro-Atlantic Elites Meeting in Davos, Profit Driven War on Ukraine. globalresearch.ca
(2023-01-24). University of Washington librarians and publishing workers set to strike. wsws.org Workers voted to authorize a strike by 94 percent in November. They are fighting for higher wages to meet the rising cost of living in Seattle, one of the most expensive cities in the United States.
(2023-01-24). Portuguese teachers mount nationwide strike. wsws.org A rising tide of class struggles is underway in Portugal and internationally, three years into the COVID-19 pandemic and as NATO wages war on Russia in Ukraine.
(2023-01-24). Seattle activists present the program of the FRSO. fightbacknews.org Seattle, WA — On January 20 and 21, over 30 people turned out to Freedom Road Socialist Organization's events to promote the recently released print edition of FRSO's political program. These events were held at the Khalsa Gurmat Center in Federal Way and the University of Washington-Seattle's campus. | The room was full of vigor and excitement in light of the ongoing struggle within the Pacific Northwest and the country as a whole. "We have to have a clear eyed view of our enemy, monopoly capitalism. This system exploits and kills workers here and is part of global empire that exploits and kills around the…
(2023-01-24). The U.S. Empire's Ukraine Miscalculation Could Bring Revolution. libya360.wordpress.com Rainer Shea In The Myth of Capitalism, Michael Parenti said: No ruling class rules nakedly…they take strenuous efforts to justify their rule. I tell students when they say, 'Oh they don't care what we think. They ignore us', and all that, and I say, 'Oh no, no. That's the only thing they care about you. The…
(2023-01-24). Study: Puerto Rico Should Go Solar to Meet Clean Energy Goal. latinorebels.com A U.S. government study has determined that with little room on the island for large-scale solar farms or wind generators, Puerto Rico should aim to reach its clean-energy goals by installing solar panels on all suitable rooftops, along with airports, brownfields, and industrial areas.
(2023-01-24). Thoughts of an Ageing Communist. dissidentvoice.org I was struck by an article in Counterpunch late last year: Scott Tucker wrote a piece centred around war and peace and to further enlighten his readers he provided links to two other articles: "I am including links to two articles readers may find useful. The first article was just published at World Socialist Website …
(2023-01-24). Idea of Socialism Can Only Flourish in Peace and Freedom. globalresearch.ca
(2023-01-24). Risk of WWIII grows, Ukraine peace talks a must. peoplesworld.org Following is an editorial reprinted from the Morning Star, the UK's daily socialist newspaper: NATO is pushing further escalation of the war in Ukraine — with Germany facing immense pressure from the United States to send tanks to fight Russia. Chancellor Olaf Scholz hesitates. He does so partly because of the historic connotations — panzers …
(2023-01-24). Video: Malaysian socialist on the new government, climate change and ecosocialism. greenleft.org.au Malaysian socialist Soh Sook Hwa spoke to Isaac Nellist about Malaysian politics and building a political alternative.
(2023-01-24). The Idea of Socialism Can Only Flourish in Peace and Freedom. globalresearch.ca
(2023-01-24). Xi extends Spring Festival greetings to all Chinese, urging solid work to create better future. ecns.cn Chinese President Xi Jinping, on behalf of the Communist Party of China (CPC) Central Committee and the State Council, extended Spring Festival greetings to all Chinese Friday at a reception in Beijing.
(2023-01-24). U.S. Communists: Threat to democracy requires a united fightback. peoplesworld.org Editor's note: The following keynote address to the CPUSA National Committee was presented by CPUSA co-chair Joe Sims on January 14th. It's been edited to reflect discussion that took place after the report was delivered. It lays out the latest analysis by the Communist Party USA of the political situation in our country, particularly the …