(2023-02-10). Bank credit extensions boost real economy. ecns.cn Chinese banks have stepped up the pace of credit extensions since the beginning of the year as the banking sector further strengthened efforts to bolster the real economy, experts said.
(2023-02-10). Confidence strong for China's fast recovery. ecns.cn China's rapid economic recovery is expected to boost global commodity markets while leading the world economy to recovery, said foreign executives, market observers and analysts.
(2023-02-09). Illegal US sanctions blocking aid to Syria, after earthquake killed thousands. geopoliticaleconomy.com Illegal US and EU sanctions have blocked some humanitarian aid from going to Syria after a devastating earthquake killed thousands of people. UN experts have demanded an end to the "suffocating" sanctions, saying they "may amount to crimes against humanity".
(2023-02-09). Biden's Populist Speech Can't Cover Up Capitalist Crisis. popularresistance.org President Biden gave his second State of the Union address on Tuesday, marking the halfway point of his first presidential term. The speech was characterized by enthusiasm for the economy, populist rhetoric, and bipartisanship. But Biden's sunny characterization of his administration's achievements and plans painted a picture of the United States that doesn't reflect the reality of hundreds of millions of working and poor people. It didn't reflect the deep structural crisis his administration is trying desperately to stabilize — a crisis whose symptoms include a shaky economy, increased geopolitical tension…
(2023-02-10). Bank credit extensions boost real economy. ecns.cn Chinese banks have stepped up the pace of credit extensions since the beginning of the year as the banking sector further strengthened efforts to bolster the real economy, experts said.
(2023-02-10). Confidence strong for China's fast recovery. ecns.cn China's rapid economic recovery is expected to boost global commodity markets while leading the world economy to recovery, said foreign executives, market observers and analysts.
(2023-02-09). Illegal US sanctions blocking aid to Syria, after earthquake killed thousands. geopoliticaleconomy.com Illegal US and EU sanctions have blocked some humanitarian aid from going to Syria after a devastating earthquake killed thousands of people. UN experts have demanded an end to the "suffocating" sanctions, saying they "may amount to crimes against humanity".
(2023-02-09). Biden's Populist Speech Can't Cover Up Capitalist Crisis. popularresistance.org President Biden gave his second State of the Union address on Tuesday, marking the halfway point of his first presidential term. The speech was characterized by enthusiasm for the economy, populist rhetoric, and bipartisanship. But Biden's sunny characterization of his administration's achievements and plans painted a picture of the United States that doesn't reflect the reality of hundreds of millions of working and poor people. It didn't reflect the deep structural crisis his administration is trying desperately to stabilize — a crisis whose symptoms include a shaky economy, increased geopolitical tension…
(2023-02-09). German government authorizes delivery of 178 battle tanks to Ukraine. antibellum679354512.wordpress.com AzertagFebruary 9, 2023 The German government has confirmed that 178 "Leopard 1" tanks will be sent to Ukraine The Ministry of Defense of Germany has officially confirmed the decision to send 178 Leopard 1A5 tanks to Kyiv. This is stated in the information released by the ministry. [T]he Ministry of Economy and Climate Protection of …
(2023-02-09). Germany's Inflation in January Rises to 8.7 Pct: Destatis. telesurenglish.net Following two months of decline, inflation in Germany increased to 8.7 percent in January, according to preliminary figures published by the Federal Statistical Office (Destatis) on Thursday. | Inflation in Europe's largest economy hit 10.4 percent in October last year and fell to 8.6 percent in December, according to official figures. | RELATED: | "Although the peak has probably been passed, it is premature to sound the all-clear," said Fritzi Koehler-Ge…
(2023-02-10). Australia minister's visit to put trade back on track. ecns.cn Australia's Trade and Tourism Minister Don Farrell will visit China in due course, and both sides will count on bilateral economic and trade exchange mechanisms to address issues of common concern, said China's Ministry of Commerce on Thursday.
(2023-02-10). China-Cambodia economic, trade cooperation bears fruits: commerce ministry. ecns.cn Economic and trade cooperation between China and Cambodia has yielded fruitful results in recent years, the Ministry of Commerce said on Thursday.
(2023-02-10). Fully unmanned autonomous driving vehicles tested on roads in Beijing. ecns.cn The first batch of completely driverless vehicles has been approved for road tests in certain routes and specific periods in the Beijing Economic and Technological Development Area.
(2023-02-10). Syria bears Brunt of economic Devastation caused by Quake. juancole.com ( Irish Times )  ; The death and devastation wreaked by Monday's massive earthquake is greatest in Turkey, but that country is in a far better position to deal with the aftermath than Syria, due to warfare and sanctions. The civil conflict and proxy interventions have left Syria divided, with 70 per cent of territory …
(2023-02-10). As economic distress grows in Russia, government makes officials' wealth and income classified information. wsws.org Shuttered auto plants, massive hikes in utility costs and young couples too in debt to have children—this is the reality for Russia's workers.
(2023-02-09). Fitch raises China's 2023 growth forecast to 5%. ecns.cn Fitch Ratings said on Wednesday it has revised its forecast for China's economic growth in 2023 to 5 percent, up from 4.1 percent previously.
(2023-02-09). Foreign expert: The next dacade will be very good for Chinese tourism. ecns.cn Chris Ryan, professor at the University of Waikato, is highly optimistic about China's tourism industry exceeding pre-pandemic levels, adding the next decade will be very good for Chinese tourism as economic growth resumes.
(2023-02-09). Germany has made the decision to establish its own NATO. journal-neo.org 
Recent events have increased the European society's disdain for Washington's policies and the desire for independence from the United States due to the White House's paranoid ambition to rule the world, including Europe, and the European Union's deteriorating status as an economic annex of NATO under proxy management by the United States and Britain. In …
(2023-02-09). Ecuador: The Crumbling Of Another Neo-liberal Restoration Project. popularresistance.org Last Sunday, regional elections were held in Ecuador. Thirteen million people were called to elect 5,700 (governors, mayors, counselors, and parish board members) and the seven Council of Citizen Participation and Social Control (Citizen Council or CPCCS)'s counselors and their substitutes. In addition, the executive led by Guillermo Lasso submitted eight Constitutional Referendum questions, which were grouped into three topics: security, environment, and the country's political work. | The process took place amid an economic crisis, the highest insecurity levels in the last 30 years, and a president's approval r…
(2023-02-09). World Economic Forum secures a seat on the new Select Subcommittee on the Weaponization of the Federal Government. americanthinker.com Klaus Schwab promised to "penetrate the cabinets" and now he's on our congressional committees too.
(2023-02-09). Samuel García Sepúlveda: The WEF's Man In Mexico. thelastamericanvagabond.com Samuel García Sepúlveda, the current Governor of the Mexican state of Nuevo León, recently attended the World Economic Forum in Davos, Switzerland. Has he been tapped to be the next President of Mexico? Over the last 3 years, thousands of Americans, Canadians, Australians, and Europeans have come to Mexico, seeking to avoid COVID-19 measures. This
(2023-02-09). Biden speaks to divided Congress at SOTU. america.cgtn.com U.S. President Joe Biden's State of the Union address was a speech dominated by domestic issues. The president touted what he saw as his legislative and economic successes halfway through his term and setting the tone for his yet-unannounced bid for re-election. While using the …
(2023-02-09). Did Biden's State of the Union address speak to economic despair in the US? peoplesdispatch.org During his State of the Nation address on Tuesday, US President Joe Biden touted what he claimed were improvements in the life of working class people while glossing over his broken campaign promises and the dire economic crisis facing millions…
(2023-02-09). Manifesto for an Ecosocial Energy Transition from the Peoples of the South. fpif.org Manifesto for an Ecosocial Energy Transition from the Peoples of the South | An appeal to leaders, institutions, and our brothers and sisters | More than two years after the outbreak of the COVID-19 pandemic—and now alongside the catastrophic consequences of Russia's invasion of Ukraine—a "new normal" has emerged. This new global status quo reflects a worsening of various crises: social, economic, political, ecological, bio-medical, and geopolitical. | Environmental collapse approaches. Everyday life has become ever more militarized. Access to good food, clean water, and affordable health care has bec…
(2023-02-09). Where next for the UK's National Health Service workers? wsws.org NHS workers, rail workers, postal workers, educators, civil servants and millions more not yet striking face a government intent on funnelling social wealth to the major corporations and the super-rich, while the working class is made to pay for the pandemic bailout, the escalating war against Russia in Ukraine and the economic crisis produced by rising oil, gas and food prices.
(2023-02-09). Allegations of Adani Group corruption shake India's financial markets, Modi government. wsws.org Modi has a decades-long association with the rags-to riches oligarch Gautam Adani, whose wealth has grown exponentially since the BJP came to power in New Delhi in May 2014.
(2023-02-11). [Perspectives] A waiting crisis? thelancet.com It is a repeated refrain across UK news: waiting times for health care in the National Health Service (NHS) have reached crisis levels. Millions of patients are waiting for elective surgery and potentially hundreds of people could be dying each week due to excessive waits for ambulances and emergency care. Concerns about waiting lists and waiting times are hardly new, particularly in systems that offer universal access to health care funded by general taxation. In lower-income countries or those that fund health care through private health insurance, concerns about gaps in care delivery may be less focused on wai…
(2023-02-09). Over ,000 Sri Lankan workers strike and protest against Wickremesinghe government's austerity measures. wsws.org Sri Lankan trade unions are attempting to dissipate rising mass anger against the government and its escalating social attacks through calling separate isolated actions and promoting illusions that the government can pressured to withdraw new income tax increases.
(2023-02-09). GOP Targets Food Aid, Student Debt Relief, and More for Debt Ceiling Deal. truthout.org Republicans on the House Budget Committee offered a preview Wednesday of the programs they're looking to cut or overhaul as part of any agreement to lift the debt ceiling, a target list that includes food aid for low-income families, climate justice and electric vehicle funding, student debt relief, and Affordable Care Act subsidies. The proposed cuts were outlined in a press release issued by Rep. |
(2023-02-09). New Zealand: Demands for Maori "co-governance" intensify. wsws.org Labour and the media are seeking to divert attention from the worsening social crisis facing all workers and channel rising anger into reactionary conflicts over race.
(2023-02-11). [Correspondence] Conflicting COVID-19 excess mortality estimates. thelancet.com A study1 by the COVID-19 Excess Mortality Collaborators estimates more than 18 million COVID-19 deaths globally by the end of 2021—three times those reported. The COVID-19 Excess Mortality Collaborators claim that under-ascertainment is especially severe in sub-Saharan Africa, with actual deaths 14 times higher than the 150‚Äà000 reported—more than 2 million excess deaths across the region in 2020—21.
(2023-02-11). [Correspondence] Conflicting COVID-19 excess mortality estimates — Authors' reply. thelancet.com The COVID-19 pandemic has caused almost 8 million reported deaths worldwide since late 2019.1 Although this is a staggering loss of human lives, 8 million is a vast under-estimation of the true toll of the pandemic. In addition to under-reporting and misclassification of COVID-19 deaths, the pandemic has also resulted in loss of lives due to stressed health-care systems. Excess mortality due to the COVID-19 pandemic, a measurement of net changes in all-cause mortality during the pandemic compared with levels before the pandemic, is widely considered the best measurement of the overall effect of the pandemic and i…
(2023-02-10). Brigadistas mexicanos rescatan a una mujer turca atrapada tras sismo. telesurtv.net El canciller mexicano, Marcelo Ebrard reconoció la labor que están desempeñando los rescatistas mexicanos que llegaron a Türkiye el miércoles.
(2023-02-10). Avanzan las labores de búsqueda y rescate en Tàºrkiye y Siria tras terremotos. telesurtv.net El vicepresidente de Türkiye, Fuat Oktay, informó que ascendió a 17.674 la cifra de decesos y a 72.879 la de heridos por los terremotos.
(2023-02-09). Six Portland grocery stores form union. workers.org 
Six Portland, Oregon, New Seasons grocery stores voted to form a new union seven months ago called the New Seasons Labor Union. The union's first action, Feb. 3, 4 and 5, was to rally and picket in front of the six stores to raise community awareness about management's new policy . . . |
(2023-02-09). Capitalism's undervaluation of nursing care. workers.org 
Based on a talk given at the Feb. 5 webinar "Global Class War: Lessons from Sam Marcy for workers struggles today." Go to youtu.be/5Arb33Q8SN0 to view the webinar. WW photo In "High Tech/Low Pay," Sam Marcy spoke of the feminization of labor, as more women worked jobs that had been . . . |
(2023-02-09). 'Designated Survivor' Walsh leaving Cabinet for Hockey Players' union. peoplesworld.org 
WASHINGTON (PAI)—Well, now we know why Labor Secretary Marty Walsh was the designated "no-show" among Cabinet members at Democratic President Joe Biden's Feb. 7 State of the Union address. Walsh's leaving the DOL's top job to return to organized labor, as executive director of the National Hockey League Players Association—the players' union. His imminent arrival …
(2023-02-09). Striking Temple graduate worker: University's 'progressive' reputation doesn't extend to labor relations. peoplesworld.org 
Raegan Davis is a graduate worker currently on strike at Temple University and a member of the Temple University Graduate Student Association (AFT Local 6290). PHILADELPHIA—If you walk around the campus of Temple University, you are treated to all the trappings of an institution committed to progress. Social media accounts highlight distinguished alumni who have …
(2023-02-09). China's Consumption Recovers at Accelerated Pace. telesurenglish.net China's consumption has been recovering quickly, with some sectors almost returning to their pre-pandemic levels. The vigorous rebound has prompted central and local governments to introduce more policies, which experts believe will build on the growth momentum and unleash further consumption potential. | RELATED: | RECOVERY IN FULL SWING: | Domestic tourism was one of the sectors that took the lead in staging a rebound.
(2023-02-09). Rep. Matt Gaetz Leads Resolution Calling to End Support for Ukraine, Pushes for Peace. news.antiwar.com Rep. Matt Gaetz (R-FL) introduced a resolution on Thursday that calls for an immediate end to US military and financial support for Ukraine and urges the warring sides to negotiate a ceasefire. The Ukraine Fatigue Resolution was led by Gaetz and received 10 other co-sponsors. If passed, it would express that it is the sense …
(2023-02-09). Russia-Iran Dump the Dollar and Bust US Sanctions. libya360.wordpress.com Pepe Escobar News of Russian banks connecting to Iran's financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization. The agreement between the Central Banks of Russia and Iran formally signed on 29 January connecting their interbank transfer systems is a game-changer in more ways than one. Technically, from…
(2023-02-10). China's CPI up 2.1 pct in January. ecns.cn China's consumer price index (CPI), a main gauge of inflation, rose 2.1 percent year on year in January, the National Bureau of Statistics said Friday.
(2023-02-09). Even tougher than Biden, for Working Families Party Democratic Rep. Ramirez slams GOP. peoplesworld.org 
WASHINGTON—Harder than even Democratic President Joe Biden's criticisms of right-wing House Republicans during his State of the Union address, Rep. Delia Ramirez, D-Ill., had some really pointed words for the GOP, often by name, on everything from immigration to inflation to the Republicans' attacks on Social Security and Medicare. Giving the official response of the …
(2023-02-09). University staff in UK begin two-day strike protesting below-inflation pay offer. peoplesdispatch.org Around 70,000 workers across 1 universities in the UK have begun striking demanding an increase in wages at par with inflation, an end to cuts in benefits and pensions, and the regularization of contracts…
(2023-02-09). More UK Workers Join Strikes Over Wage Increases. telesurenglish.net On Thursday, thousands of U.K. physiotherapists, university staff, pensions, and environmental agency workers took to the streets to reject the below-inflation pay deals. | RELATED: | "We urge conservative ministers to stop ignoring the public body's workforce and open talks on payment, which has been falling since 2010," the Prospect Union Secretary Mike Clancy stated. | He said that the union members, which include environm…
(2023-02-09). Workers Struggles: Europe, Middle East & Africa. wsws.org Rail workers, teachers and nurses strike in Portugal over cost of living crisis; retail and technology workers walk out in Finland as Industrial union ends industrial workers' strike with below-inflation pay deal; rail and bus workers begin five-day strike in the Netherlands against below inflation pay offer; university academics join UK strike wave as 100,000 civil servants plan national strike on budget day; Israeli secondary school teachers' warning strike over pay as protests continue including calls for a general strike over judicial reforms…
(2023-02-10). In budget talks with Biden: Republicans target food stamps, student loans for cuts. wsws.org The barbaric proposals come in response to Biden's invitation to the Republicans to submit their own plans for spending cuts.
(2023-02-09). NFL Doctor Offers 'Guarantee' Damar Hamlin Will Play Pro Football Again. newsone.com 
Source: Don Juan Moore / Getty | Damar Hamlin, a 24-year-old safety for the Buffalo Bills, was critically injured after a scary on-field incident against the Cincinnati Bengals Jan. 2. After spending weeks recovering in Cincinnati and Buffalo hospitals, many wondered whether or not he would ever be able to return to an NFL field. | During the first quarter of that Monday Night Football matchup, Hamlin dropped to the ground, unconscious, after a seemingly routine tackle. He had suffered cardiac arrest, and his heartbeat had to be revived before they put him in an ambulance and sent him to a local hospital. The in-…
(2023-02-10). China's outbound direct investment rises 5.2% to $145 bln. ecns.cn Overcoming the adverse impact of external environment, China's outbound direct investment, or ODI, grew smoothly and steadily in 2022, according to the Ministry of Commerce.
(2023-02-09). China central SOE net profits up 35.71 pct in three years. ecns.cn Net profits at China's centrally administrated state-owned enterprises (SOEs) rose 35.71 percent to 1.9 trillion yuan (about 279.8 billion U.S. dollars) in 2022 from that achieved in 2020, official data showed.
(2023-02-09). Sam Marcy clarified Marx for us. workers.org 
The following message was from a study group of prisoners on Texas Death Row at the Ellis I Unit, Huntsville, Texas, on the occasion of the 85th birthday celebration of the late chairperson of Workers World Party, Sam Marcy, Oct. 5, 1996. Both Emerson Rudd and Ponchai Wilkerson were legally . . . |
(2023-02-09). Disabled people are proletarians worldwide. workers.org 
Based on a talk given at the Feb. 5 webinar "Global Class War: Lessons from Sam Marcy for workers struggles today." Go to youtu.be/5Arb33Q8SN0 to view the webinar. Brian Shea. PHOTO: Howard Rotman In "The Communist Manifesto," Marx and Engels characterize the working class as being the revolutionary gravediggers of . . . |
(2023-02-09). Australia: Sydney garbage collectors strike over pay and conditions. wsws.org Waste contractor Cleanaway is seeking to cut already low wages and slash overtime rates for inner Sydney rubbish collection workers.
(2023-02-10). Gregor Link: "We fight for a united international movement of the working class against the war and against capitalism" wsws.org The following speech was delivered by Gregor Link on February 4 on Potsdamer Platz in Berlin at the election rally of the Sozialistiche Gleichheitspartei (SGP, the German section of the Fourth International) in opposition to the war in Ukraine. Link is a spokesman for its youth organization, the IYSSE.
(2023-02-09). Introducing our new podcast: 'Movies vs Capitalism'. mronline.org 
The Lever's new movie podcast launches.
(2023-02-09). The working class ‚àí gravediggers of capitalism. workers.org 
Based on a talk given at the Feb. 5 webinar "Global Class War: Lessons from Sam Marcy for workers struggles today." Go to youtu.be/5Arb33Q8SN0 to view the webinar. WW PHOTO Comrades and friends, the working class in this country hails from all nationalities, all races, colors, gender and sexual identities, . . . |
(2023-02-09). When the WPA Created Over 400,000 Jobs for Black Workers. cepr.net In response to the Great Depression, the Works Progress Administration (WPA) created jobs for over 8 million people between 1935 and 1943. While data on the racial composition of WPA workers isn't available for all of these years, the data we have for 1939, 1941, and 1942 make clear that the WPA employed hundreds of …
(2023-02-09). Corrupt And Fraudulent: Laying Bare The Adani Group. southfront.org 
Israeli Prime Minister Benjamin Netanyahu and Indian billionaire Gautam Adani attend an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023 | Written by Dr. Binoy Kampmark | There is nothing Gautam Adani will not do for money. In this sense, he is admirably dedicated to greed, so much so he has become its foremost caricature worthy of permanent enthronement. Mark this man's name in the scriptures of eternity: There was…
(2023-02-10). Waiting for Biden's definition of victory in Ukraine. peoplesdispatch.org There was an air of magical realism in the At the end of the day in Kiev on Friday, during a joint press conference in Kiev with President Volodymyr Zelensky, all that the EU's super bureaucrats would promise was that "Ukraine's future is in the EU." | However, as the BBC reported, "Typically, it takes years for countries to joi…
(2023-02-10). Australian transport union anti-democratically "postpones" Gold-Tweed Coast bus strike. wsws.org The Transport Workers Union's rotten deal with Kinetic to delay Monday's stoppage displays the anxiety of the union bureaucrats to scuttle this major dispute as soon as possible.
(2023-02-09). Indiana workers denounce fraudulent UAW run-off election. wsws.org In discussions outside factory gates, workers expressed deep opposition to the brazen violation of their rights and the "choice" in the election between two longtime union bureaucrats.
(2023-02-10). Unequal Justice: The U.S. Supreme Court is Reactionary, But Is it Also Corrupt? progressive.org Besides their ultra-right rulings, the Supreme Court Justices have a well-documented history of misconduct.
(2023-02-10). Video of SGP anti-war rally published with English subtitles. wsws.org On February 4, as part of its campaign for the Berlin elections, the Sozialistische Gleichheitspartei (Socialist Equality Party – SGP) held a central rally against the Ukrainian war and the return of German militarism at Potsdamer Platz in Berlin, attended by over 300 people.
(2023-02-09). Saturday 3/11: Good Housing is a Right! (Online Townall). indybay.org Zoom (Online) | Zoom info: | us02web.zoom.us/j/82158800683?pwd=N2J6UjgxNWhNak1WRWdUdm9CUit4QT09 | Meeting ID: 821 5880 0683 | Passcode: 340756…
(2023-02-09). Socialist program needed to halt rate rise and cost-of-living crisis in Australia. wsws.org Tuesday's interest rate hike shows that the March 25 New South Wales state election will be held under conditions of an intensifying social and political crisis.