2023-02-21: News Headlines

ecns.cn (2023-02-21). New capital oversight system to raise bank standards. ecns.cn China will build a differentiated capital regulatory system for commercial banks to further improve bank capital regulations, better manage financial risk and help lenders align with international standards, experts said.

Pepe Escobar (2023-02-21). Raisi in Beijing: Iran-China Strategic Plans Go Full Throttle. orinocotribune.com By Pepe Escobar — Feb 17, 2023 | Raisi's visit to Beijing, the first for an Iranian president in 20 years, represents Tehran's wholesale 'Pivot to the East' and China's recognition of Iran's centrality to its BRI plans. | The visit of Iranian President Ebrahim Raisi to Beijing and his face-to- face meeting with counterpart Xi Jinping is a groundbreaking affair in more ways than one. | Raisi, the first Iranian president to officially visit China in 20 years, led an ultra high-level political and economic delegation, which included the new Central Bank governor and the Ministers of Economy, Oil, Foreign Affair…

americanthinker (2023-02-20). Business professors are wrong about the future of work. americanthinker.com Most university professors continue to misunderstand the economy and what it actually consists of.

Anonymous103 (2023-02-20). Washington Gives Ukraine False Hope That It Can Recapture Crimea. southfront.org Russian and Crimean flagsNuland encourages Ukrainian terrorism against Crimea. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | By stating that the US will support Ukrainian attacks on Crimea, Under Secretary of State Victoria Nuland confirms beyond doubt that Washington encourages Kiev's aggression and escalation of war. However, a possible attack on Crimea will not only fail because the peninsula is well protected, but it will lead to a more devastating retaliation by Russia against the…




Antonio C.S. Rosa (2023-02-20). US 'Neo-Imperialist' Dollar Scheme Explained by Economist Yanis Varoufakis. transcend.org 3 Feb 2023 – Greece's former Finance Minister explains the US system of "neo-imperialism" based on the dollar, which finances a huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in US's rentier economy".

Ben Norton, Geopolitical Economy Report. (2023-02-20). Ukraine War Is Frozen, Says Council On Foreign Relations Chief. popularresistance.org The president of the powerful US government-linked Council on Foreign Relations, Richard Haass, has argued that the proxy war in Ukraine is frozen. | He said he expects no territorial changes in the next year of fighting between Russia and NATO-backed Ukrainian forces. | At the same time, he dismissed the possibility of peace negotiations to end the frozen conflict, insisting, "There is no desire in Ukraine to compromise. If anything, they're escalating their demands". | Haass is a former US diplomat who served as director of policy planning for the State Department in the George W. Bush administration, during th…

Ben Norton (2023-02-20). West tells Global South 'you can't be neutral' in Ukraine war: You are either with us, or against us. geopoliticaleconomy.com The foreign ministers of the US, Germany, and Ukraine told the world at the Munich Security Conference, "Neutrality is not an option" in the West's proxy war against Russia, implicitly criticizing the vast majority of Global South countries, which are independent.

Kyle K. Moore, Economic Policy Institute. (2023-02-20). Five Principles For Making State And Local Reparations Plans Reparative. popularresistance.org We are still living in the aftermath of 2020's overlapping crises of racial injustice, our nation's polycrisis. Between the emergence of the COVID-19 pandemic, the ensuing economic recession, and the public police murder of George Floyd, we saw a harsh truth about the structure of American political economy: White supremacy has shaped our institutions such that their outcome is consistent Black precarity and premature death. | This confluence of tragedies brought awareness of the Black American condition to a new generation. It also reinvigorated interest among academics and policymakers to finally do something a…

Antonio C.S. Rosa (2023-02-20). US 'Neo-Imperialist' Dollar Scheme Explained by Economist Yanis Varoufakis. transcend.org 3 Feb 2023 – Greece's former Finance Minister explains the US system of "neo-imperialism" based on the dollar, which finances a huge trade deficit by letting foreign capitalists "extract colossal surplus value from their workers and then stash it away in US's rentier economy".

Ben Norton, Geopolitical Economy Report. (2023-02-20). Ukraine War Is Frozen, Says Council On Foreign Relations Chief. popularresistance.org The president of the powerful US government-linked Council on Foreign Relations, Richard Haass, has argued that the proxy war in Ukraine is frozen. | He said he expects no territorial changes in the next year of fighting between Russia and NATO-backed Ukrainian forces. | At the same time, he dismissed the possibility of peace negotiations to end the frozen conflict, insisting, "There is no desire in Ukraine to compromise. If anything, they're escalating their demands". | Haass is a former US diplomat who served as director of policy planning for the State Department in the George W. Bush administration, during th…

Ben Norton (2023-02-20). West tells Global South 'you can't be neutral' in Ukraine war: You are either with us, or against us. geopoliticaleconomy.com The foreign ministers of the US, Germany, and Ukraine told the world at the Munich Security Conference, "Neutrality is not an option" in the West's proxy war against Russia, implicitly criticizing the vast majority of Global South countries, which are independent.

Kyle K. Moore, Economic Policy Institute. (2023-02-20). Five Principles For Making State And Local Reparations Plans Reparative. popularresistance.org We are still living in the aftermath of 2020's overlapping crises of racial injustice, our nation's polycrisis. Between the emergence of the COVID-19 pandemic, the ensuing economic recession, and the public police murder of George Floyd, we saw a harsh truth about the structure of American political economy: White supremacy has shaped our institutions such that their outcome is consistent Black precarity and premature death. | This confluence of tragedies brought awareness of the Black American condition to a new generation. It also reinvigorated interest among academics and policymakers to finally do something a…

Newsclick (2023-02-20). Decoding India's Economy | With Prof. Prabhat Patnaik. peoplesdispatch.org Senior journalist Aunindyo Chakravarty and noted economist Prabhat Patnaik discuss the economic structure of India, the support base of the current dispensation, questions around capitalism and socialism, and what gives us hope in these difficult times…

ecns.cn (2023-02-21). Friendship with China cherished. ecns.cn Claims made in Western media that the China-Pakistan Economic Corridor has led Pakistan into a "debt trap" are "rubbish and all incorrect", Pakistan's Ambassador to China Moin ul Haque said.

Robert J. Burrowes (2023-02-21). We Are Being Smashed Politically, Economically, Medically and Technologically by the Elite's 'Great Reset': Why? How Do We Fight Back Effectively? globalresearch.ca

infobrics (2023-02-20). BRICS Summit to Discuss Restructuring Global Political, Economic Architecture: S. African Official. infobrics.org

americanthinker (2023-02-20). White House plagiarizes Marx and releases its 'blueprint' to address the housing crisis. americanthinker.com Biden and his troupe flaunt their economic illiteracy and take steps to cripple the middle class.

Isaac Nellist (2023-02-20). Happier and healthier: Why we need a four-day work week. greenleft.org.au As wages stagnate and the cost-of-living crisis worsens, it's time to re-evaluate the role of work in our lives and the economic system, argues Isaac Nellist.

Laith Fadel (2023-02-20). Migrants seek social justice through education in Colombia. america.cgtn.com Monday is the United Nations' World Day for Social Justice, a day to recognize the worldwide efforts to tackle imperative issues like poverty, exclusion, human rights and social protections.For many migrants, education can serve as the foundation for achieving greater social justice. With nearly 2.5 …

WSWS (2023-02-20). Why are 42 percent of US high school students experiencing persistent feelings of sadness and hopelessness? wsws.org While the CDC offers no explanation for the mental health crisis gripping US high school students in the second year of the pandemic, it can be found in the life experiences of young people in a society already wracked by poverty, social inequality, police violence and war.

ecns.cn (2023-02-20). China's health insurance reform: What is changing?>. ecns.cn As many places in China have rolled out the health insurance reform, some residents noticed their monthly health insurance income was cut less.

Gabriela Aoun Angueira, Next City. (2023-02-20). How To Build A Better Bike-Share Program. popularresistance.org Blue Bikes, which New Orleans launched in 2017 to reduce emissions and offer reliable transportation to low-income residents, was flourishing before COVID shut down the city. It had recently converted all its pedal bikes to electric and was in the process of doubling its fleet. But Uber paused the program when the pandemic hit, then spun it off to the micromobility company Lime as part of its investment in that company. Lime wanted to bring electric scooters to New Orleans. The city wasn't interested in scooters and eventually canceled the contract. Seemingly overnight, the bikes were gone.

Jake Johnson (2023-02-20). Trump's Former Budget Director Is Advising GOP to Cut Medicaid by $2 Trillion. truthout.org The right-wing official who served as budget director for the Trump administration is reportedly playing a significant advisory role for House Republicans as they seek to leverage a fast-approaching debt ceiling crisis to enact spending cuts that would disproportionately impact low-income households. According to The Washington Post, former Office of Management and Budget chief Russ Vought "has… |

Labor Video Project (2023-02-21). ILWU Local 10 Stops Work & Rallies For Mumia With Tyre Nichols Family In San Francisco. indybay.org ILWU Local 10 held a stop work action and held a march and rally to demand the freedom of Mumia Abu-Jamal. The family of Tyre Nichols also attended and spoke out.

Staff (2023-02-20). Embajador egipcio manifiesta interés por establecer proyectos de cooperación en Sancti Spíritus. cubadebate.cu El embajador de Egipto en Cuba, Maher El-Adawy, visitó hoy Sancti Spíritus, donde manifestó su interés por establecer proyectos de colaboración en áreas como recursos hidráulicos, turismo y agricultura. Esta es la segunda ocasión que el diplomático llega hasta esa provincia central del país y recorre las ciudades de Sancti Spíritus y Trinidad.

teleSUR, JCM (2023-02-20). Türkiye suspende labores de rescate en la mayoría de las zonas afectadas por los terremotos. twitter.com Los esfuerzos de búsqueda y rescate se han completado en la zona del terremoto, excepto en las provincias sureñas de Kahramanmaras y Hatay.

United Front Committee For A Labor Party (2023-02-20). Free Mumia & Stop Racist Police Murders! For General Strikes To Stop Racist Terror & Murders. indybay.org The UFCLP calls for mass worker/labor actions including general strikes to Free Mumia Abu-Jamal and racist police terror and murder. We also protest the San Francisco Labor Council bureaucrats who opposed supporting the ILWU Local 10 initiated march and rally. These bureaucrats like the national AFL-CIO leadership continue to support the Democrats and Republicans who support more funding for the police along with their militarization. The AFL-CIO, SEIU, IBT, CWA and other unions continue to allow police in their ranks.

WSWS (2023-02-20). Why educators should support the SEP in Australia's NSW state election. wsws.org After decades of underfunding by Liberal-National Coalition and Labor-led governments alike, the conditions in schools have reached a crisis point.

Editor (2023-02-20). [Rewind] Eddie Conway: Prisons Enable America's Obscene Wealth. scheerpost.com

WSWS (2023-02-21). Tentative Agreements reached between AT&T and the CWA in lead-up to contract votes. wsws.org The tentative agreement negotiated by the CWA for DirecTV and AT&T Mobility workers in the southeast offers workers below-inflation pay raises.

ecns.cn (2023-02-21). Country's investment industry grows, matures. ecns.cn The maturation of China's venture capital and private equity industries is widely expected amid the implementation of the registration-based initial public offering system throughout the A-share market.

infobrics (2023-02-20). Just After a Month in Office, Brazil's Lula Looks at Russia with Hope. infobrics.org The Brazilian ambassador to Russia, Rodrigo de Lima Baena Soares has announced that the nation is looking to receive investments in its energy sector from the Russian gas giant Gazprom…

ecns.cn (2023-02-20). Local gov'ts urged investment restraint over NEV startups. ecns.cn A former top industry official has cautioned local governments against rushing blindly into China's burgeoning new energy vehicle sector, saying that they should refrain from becoming investors in startups.

Lee Camp (2023-02-21). EXPOSED: The Dirty Boning Between Big Oil and Think Tanks. mintpressnews.com As these massive global corporations reap record profits, Lee Camp exposes the corruption and massive amounts of corporate welfare given to oil companies through public funds and tax breaks.

newsnetwork.mayoclinic (2023-02-21). MEDIA ADVISORY: Mayo physician creates industry runway for students of color. newsnetwork.mayoclinic.org MEDIA ADVISORY: Mayo physician creates industry runway for students of color February is Black History Month, and Dr. Alyx Porter, a neuro-oncologist at Mayo Clinic in Arizona, is committed to increasing diversity in medicine. There are less than five black women practicing neuro oncology in the U.S., and Dr. Porter is one of them. She formed the nonprofit ElevateMeD along with her husband to provide scholarships and support to medical students from backgrounds underrepresented in…

Antonio C.S. Rosa (2023-02-20). What We Know about the US Air Force's Balloon Party So Far. transcend.org 18 Feb 2023 – The US military only kill foreigners for resource and profits for the military-industrial complex. Turns out it is also used for shooting down party balloons.

ecns.cn (2023-02-20). Jimmy Carter to receive hospice care. ecns.cn Jimmy Carter, 98, the oldest living former US president, has opted to spend his final days at his Georgia home, receiving hospice care, his namesake nonprofit foundation says.

WSWS (2023-02-21). Australia: Queensland Police exploit right-wing terror attack to target socialism and Marxism. wsws.org After denying that a shoot-out between police and right-wing individuals last December was a "terror event," the Queensland Police have done an abrupt about-face and issued sweeping directives against "extremists," especially socialists.

Fight Back (2023-02-20). Against Trotskyism: Socialism in one country. fightbacknews.org One of the main pillars of Trotskyism is the denial of the possibility of building socialism in a single country. This is an outgrowth of Trotsky's permanent revolution theory, which argued that the revolution in Russia depended on the immediate success of revolution in western Europe to avoid defeat. Nevertheless, the Soviet Union did indeed build socialism in one country, so we should look at the disagreements between Marxism-Leninism and Trotskyism on this point and try to understand where they come from. | Trotsky's permanent revolution theory was, from the beginning, opposed to the idea that socialism could…

Otis Grotewohl (2023-02-20). Tech layoffs expose capitalism. workers.org High-tech companies are laying off workers at record levels. More than 93,000 tech positions have been eliminated this year, and it is only the second month. These cuts include 6,650 job losses announced by Dell and the layoff of 1,300 Zoom employees in early February. (crunchbase.com, Feb. 15, 2023) The . . . |

Abayomi Azikiwe (2023-02-20). African American Resistance in the Rural South from the Great Depression to World War II. globalresearch.ca

ecns.cn (2023-02-20). China's first domestically produced antidepressant approved for market sale. ecns.cn China's first domestically produced antidepressant recently received approval for market sale, making a major innovative breakthrough for domestic drugs in treating depression.

Staff (2023-02-20). "Log Off": 1 in 3 U.S. Girls Weighs Suicide. Will Congress Restrict Big Tech? democracynow.org As the Centers for Disease Control and Prevention warns teen girls face record levels of depression and hopelessness, we host a roundtable on the role of social media and a bipartisan push against Big Tech in Congress. Several child safety-focused bills to curtail children's exposure to harmful online interactions are being proposed this session. Critics say the measures may not actually help children while limiting speech and privacy rights. We are joined by three people who testified last week before the Senate Judiciary Committee: Emma Lembke, a college student and founder of the LOG OFF movement, which…

WSWS (2023-02-20). Temple University administration, corporate press and union bureaucrats falsely claim sellout agreement means "end" of grad student strike. wsws.org Striking Temple graduate students denounce the false narrative announced by Temple University, the Democratic Party-aligned press and union bureaucrats that the three-week strike is over without a ratified tentative agreement.

Editor (2023-02-20). Our Freedoms Shrink as Our Military Expands. scheerpost.com By Brad Wolf / CounterPunch The Merchants of Death even own our sidewalks. That's what we were told when we arrived at Raytheon Technologies in Arlington, Virginia, on Valentine's Day, February 14th, to issue a "Contempt Citation" for Raytheon's failure to comply with a subpoena issued last November by the Merchants of Death War Crimes Tribunal, a People's Tribunal scheduled …

Anonymous103 (2023-02-21). Straightening-Out Ideological Labels. southfront.org Illustrative Image | Written by Because political 'science' hasn't yet understood, and therefore cannot scientifically (that is, in a 100% historically truthful way) define, ideological labels, such as "leftist" "rightist" "progressive" "liberal" "conservative" "socialist" "communist" and "fascist", these labels are normally handled propagandistically, instead of accurately; and, so…

WSWS (2023-02-21). SEP (Australia) candidate for NSW election exposes fraud of indigenous Voice. wsws.org Tanya Plibersek, one of the most senior representatives of the federal government, responded with anger and censorship to an exposure of the reactionary character of the Voice and a call for a unified socialist movement of the working class.

Staff (2023-02-20). The Far Right Sets a Trap for the Antiwar Movement. orinocotribune.com By Melinda Butterfield — Feb 9, 2023 | The history of the working class and oppressed peoples is full of positive and negative lessons about the intertwined struggles against war and fascism. Unfortunately, since the destruction of the USSR and the socialist camp 30 years ago, many of these lessons have been lost to new generations and forgotten by older ones. | At this critical juncture of an unfolding global war crisis unleashed by U.S. imperialism in Ukraine, the destruction of people's basic rights and livelihoods at home, and the growing climate catastrophe, it is crucial to the success of working-class…

WSWS (2023-02-20). Sri Lankan Socialist Equality Party to hold election meetings at Kolonnawa and Masakeliya. wsws.org The SEP is fielding candidates for three local government bodies—the Kolonnawa Urban Council in Colombo, the Maskeliya Pradeshiya Sabha in Nuwara Eliya and the Karainagar Pradeshiya in Jaffna.

WSWS (2023-02-20). VIDEO: NSW election candidate Oscar Grenfell interviewed on SEP (Australia) fight against war. wsws.org Amid the greatest danger of a catastrophic world war in decades, the SEP is the only party in the NSW state election sounding the alarm and advancing a socialist alternative to militarism.

Peoples Dispatch (2023-02-21). Red Books Day 2023: Fight the rise of the right, read a red book. peoplesdispatch.org The day is celebrated in dozens of countries to mark the anniversary of the publication of the Communist Manifesto and to collectively stand up against the rise of the right…

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