Daily Archives: February 27, 2023

2023-02-27: News Headlines

ecns.cn (2023-02-26). HKEX to allow tech firms with no revenue, no profit to list in Mar: report. ecns.cn The Hong Kong Exchanges and Clearing (HKEX) will allow tech companies with no revenue or profit to list after a rule change in March, amid broad reforms taken to consolidate its position as an international financial center.

ecns.cn (2023-02-27). Socioeconomic growth goals high on meetings' agenda. ecns.cn The spotlight will be on Beijing as the two sessions, China's biggest annual political event and a window to observe the country's development, get underway on Saturday.

ecns.cn (2023-02-26). China sees strong labor demand as economy recovers after pandemic. ecns.cn After Spring Festival, with the resumption of work and production, job demand has greatly increased across China.




ecns.cn (2023-02-26). China to continue to provide strong driving force for building green Silk Road: FM spokesperson. ecns.cn Chin will continue to provide a strong driving force for building a green Silk Road, and work with the rest of the international community to build a planet which enjoys harmony between man and nature and between the economy and environment, a Chinese Foreign Ministry spokesperson said on Friday.

Joe Lauria, Consortium News. (2023-02-26). More Evidence Emerges That US Wanted Russia To Invade. popularresistance.org The U.S. got its war in Ukraine. Without it, Washington could not attempt to destroy Russia's economy, orchestrate worldwide condemnation and lead an insurgency to bleed Russia, all part of an attempt to bring down its government. Joe Biden has now left no doubt that it's true. | The president of the United States has confirmed what Consortium News and others have been reporting since the beginnings of Russsiagate in 2016, that the ultimate U.S. aim is to overthrow the government of Vladimir Putin.

Radhika Desai, Michael Hudson (2023-02-26). The rise of US dollar imperialism, and why it failed — with Radhika Desai & Michael Hudson. geopoliticaleconomy.com Economists Radhika Desai and Michael Hudson explain the end of the British empire's sterling area with the rise of the US dollar system, its central role in imperialism, and why it ultimately failed.

ecns.cn (2023-02-26). China to continue to provide strong driving force for building green Silk Road: FM spokesperson. ecns.cn Chin will continue to provide a strong driving force for building a green Silk Road, and work with the rest of the international community to build a planet which enjoys harmony between man and nature and between the economy and environment, a Chinese Foreign Ministry spokesperson said on Friday.

Joe Lauria, Consortium News. (2023-02-26). More Evidence Emerges That US Wanted Russia To Invade. popularresistance.org The U.S. got its war in Ukraine. Without it, Washington could not attempt to destroy Russia's economy, orchestrate worldwide condemnation and lead an insurgency to bleed Russia, all part of an attempt to bring down its government. Joe Biden has now left no doubt that it's true. | The president of the United States has confirmed what Consortium News and others have been reporting since the beginnings of Russsiagate in 2016, that the ultimate U.S. aim is to overthrow the government of Vladimir Putin.

Radhika Desai, Michael Hudson (2023-02-26). The rise of US dollar imperialism, and why it failed — with Radhika Desai & Michael Hudson. geopoliticaleconomy.com Economists Radhika Desai and Michael Hudson explain the end of the British empire's sterling area with the rise of the US dollar system, its central role in imperialism, and why it ultimately failed.

_____ (2023-02-27). Britain to Mongolia: more than just a partner? journal-neo.org The United Kingdom is one of Mongolia's main "third neighbors," according to Mongolia's current foreign policy concept. Neither its limited participation in global political and economic processes, nor its extreme geographical distance from Mongolia in comparison to Japan and South Korea, removes it from the list of Mongolia's key "third neighbor" partners. The United Kingdom …

Antonio C.S. Rosa (2023-02-27). We Are Being Smashed Politically, Economically, Medically and Technologically by the Elite's 'Great Reset': Why? How Do We Fight Back Effectively? transcend.org 21 Feb 2023 – Since the dawn of human civilization 5,000 years ago, ordinary people like you and me have been engaged in an endless struggle to resist efforts by elites, whether local, national, international or global, to assert complete control over us and the resources around us.

Antonio C.S. Rosa (2023-02-27). Who's Winning and Losing the Economic War over Ukraine? transcend.org 21 Feb 2023 – After a year of war, Western expectations have gone up in smoke (and methane). The winners are the opportunists and war profiteers; the losers are the people of Ukraine, working/poor people everywhere, and hopes of halting the climate crisis, as half a million tons of methane rose from the sabotaged Nord Stream pipeline.

ecns.cn (2023-02-27). New market confidence bolsters commercial real estate demand. ecns.cn As China's response to COVID-19 enters a new phase and market confidence recovers, the nascent economic recovery is expected to boost demand for all types of commercial properties in China, industry experts said.

ecns.cn (2023-02-27). Bird flu also taking economic toll. ecns.cn American consumers aren't happy paying more than twice as much as last year to buy eggs in grocery stores, but the major reason besides inflation behind the increase may point to a potential bird flu pandemic, according to scientists.

Anonymous103 (2023-02-26). Russia's Special Military Operation — One Year On. southfront.org Illustrative Image | Written by Gavin O'Reilly | On the 24th of February last year, with Covid having disappeared from news headlines following the coincidental timing of the previous month's World Economic Forum's Davos Agenda 'Unprovoked invasion' and 'Russian aggression'

ecns.cn (2023-02-26). Rising Economic Polarization in the United States: Truth and Facts. ecns.cn

F. William Engdahl (2023-02-26). The "Great Zero Carbon" Conspiracy and the WEF's "Great Reset" globalresearch.ca The globalist Davos World Economic Forum is proclaiming the necessity of reaching a worldwide goal of "net zero carbon" by 2050. Yet transformations underway from Germany to the USA, are setting the stage for creation of what is called the New Word Order. In reality it is a blueprint for a global technocratic totalitarian corporativism, that promises huge unemployment, deindustrialization and economic collapse.

People's Dispatch. (2023-02-26). US Funneled Billions To Ukraine While Cutting Health And Education. popularresistance.org February 24 marks the one-year anniversary of the Russia—Ukraine war, and in the past year, the US Congress has approved $113 billion in aid to Ukraine. Meanwhile, working people in the US are in dire economic straits, and desperately need relief from their government. When US President Joe Biden delivered his State of the Union Address in early February, over 160 million people—almost half of the nation's population—reported having trouble paying weekly expenses. The cost of living had jumped by 8% while wages had only increased by 4% in the past year.

Vijay Prashad, People's Dispatch. (2023-02-26). The Global South Refuses Pressure To Side With The West On Russia. popularresistance.org At the G20 meeting in Bengaluru, India, the United States arrived with a simple brief. US Treasury Secretary Janet Yellen said at the February 2023 summit that the G20 countries must condemn Russia for its invasion of Ukraine and they must adhere to US sanctions against Russia. However, it became clear that India, the chair of the G20, was not willing to conform to the US agenda. Indian officials said that the G20 is not a political meeting, but a meeting to discuss economic issues.

Bertram Burian (2023-02-27). The final system question Parts 1 and 2. indybay.org The enrichment elites of the West in particular have been trying for decades to extend their influence to the whole world. That is their declared concept. The worldwide "final victory", the "end of history" (4), the elimination of all competitors for raw materials and markets, have been part of capitalism and imperialism from the very beginning.

americanthinker (2023-02-26). Left-wing activism, too, obeys the laws of supply and demand. americanthinker.com Why woke progressive activism paradoxically intensifies as true social injustices decline.

Dean Baker (2023-02-26). Is Inflation Out of Control, Again? cepr.net The January data on consumer expenditures released yesterday had many people freaking out. The story is that the Fed is going to have to get out the big guns to really shoot inflation down. For those of us hoping that inflation would come down, without a big jump in unemployment, the report was definitely bad …

Dean Baker (2023-02-26). Savings, Taxes, Share Buybacks: Fun with National Income Accounts. cepr.net Many people who should know better have been saying silly things about households running down their savings and being forced to cut back consumption. The problem with these sorts of comments is that savings in our national income accounts have little to do with how most of us think about savings in our lives. Less …

WSWS (2023-02-26). Britain's Stop the War Coalition holds sparsely attended London rally against Ukraine war. wsws.org STWC was unable to enlist the support of a single prominent "left" figure in the Labour Party or trade union bureaucracy to speak from the stage, such as been the lurch to the right of these layers.

mforinoco (2023-02-26). Anti-Democratic Violence Won't Stop Bolivia's Path of Social Progress — Interview with Camila Escalante. orinocotribune.com Labour Friends of Progressive Latin America activist Logan Williams speaks to Bolivia-based journalist Camila Escalante on the recent destabilization attempts and violent anti-democratic actions from the far-right. | LW: Hi Camila, thank you for agreeing to answer some questions on the current situation in Bolivia. | Much of the global left, including here in the UK, is increasingly concerned about the efforts to destabilize the MAS (Movement Towards Socialism) government led by President Arce perpetrated by right-wing activists in the Santa Cruz region. Could you explain a little more about these events and thei…

PressTV. (2023-02-26). Anti-war Protesters In Europe Demand West Stop Arming Ukraine. popularresistance.org The demonstrations took place in the major European capitals on Saturday, a day after an ongoing war between Russia and Ukraine entered its second year. | The Saturday rally in London was organized by Stop the War Coalition. It was held at Portland Place in the city's central area, from which the participants marched towards the Trafalgar Square. | The London rally was attended by Jeremy Corbyn, a former Labour Party leader and a current member of the parliament. | The protesters in London also chanted anti-war slogans, while holding banners calling for an end to the West's incessant campaign of pumping weapons i…

WSWS (2023-02-26). Britain's Stop the War Coalition holds London rally against Ukraine war sparsely attended. wsws.org STWC was unable to enlist the support of a single prominent "left" figure in the Labour Party or trade union bureaucracy to speak from the stage, such as been the lurch to the right of these layers.

Antonio C.S. Rosa (2023-02-27). US Power Alliance Says It's Preparing an "Information War" against China. transcend.org 24 Feb 2023 – In an article published last week titled "US working with 'Five Eyes' nations, Japan on information warfare" C4ISRNET, a military intelligence and communications publication, reports that the US and its allies are collaborating "to share and sharpen information-warfare techniques in the Indo-Pacific" with the goal of "countering" the "increasingly aggressive China."

Labor Video Project (2023-02-27). The NTSC, E.Palestine Railroad Wreck, Rail Safety & Nationalization With RWU's Hugh Sawyer. indybay.org WorkWeek looks at the NTSB report on the toxic railway wreck in East Palestine and the causes of it with railroad engineer Hugh Sawyer who is with Railroad Workers United. He reports on the systemic issues that have led to this and many other derailments, the dangers that the East Palestine community are faced with and the need for nationalization of the railroads.

Labor Video Project (2023-02-27). SF Rally To Stop The War In Ukraine On The First Year Anniversary. indybay.org On the one year anniversary of the Ukraine war a rally was held against US intervention.

Jacob Dallas (2023-02-26). Child labor in Alabama's Hyundai supply plants. liberationnews.org Laborers at the factory and community members confirmed that the Hyundai-owned plant has employed a large force of child labor through the years.

Labor Video Project (2023-02-26). "Nuking A Town With Chemicals To Get A Railroad Open" & Railroad Labor With SMART. indybay.org The nuking of Palestine, Ohio to remove the toxic waste has exposed the serious and dangerous health and safety conditions in the rail industry and the failure of the government to have oversight and control in this catastrophic disaster. WorkWeek interviews Jerad Cassity who is SMART-TD National Safety Team (NST) Chief of | Safety about this incident and the working conditions and health and safety of railroad workers.

Luis Feliz Leon, Labor Notes. (2023-02-26). Restaurant Workers at Rockefeller Center's Lodi Confront Union-Buster Ahead of Vote. popularresistance.org Lodi, an Italian-style fine dining cafe in Rockefeller Center, has what the New York Times calls "a captive audience" given its central location in a Manhattan tourist magnet. Workers at the restaurant say they're a captive audience of another kind—for the anti-union diatribes of a highly paid consultant. They are demanding that the cafe improve working conditions, benefits, staffing, scheduling, and training—but the major sticking point is wages. Kitchen workers earn between $18 and $21 an hour, while cashiers earn $25, and there's no discernible reason for the discrepancy.

The ILR School. (2023-02-26). Strikes Up 52% In 2022: Labor Action Tracker. popularresistance.org The Cornell-ILR Labor Action Tracker is a comprehensive database of work stoppages. The project began in 2021 and is led by Johnnie Kallas, Ph.D. '23, to provide a fuller picture of worker activity to inform policymakers, the public and others about workplace conflict. The data collection is unique to the ILR School, he said. Due to funding cuts by the Reagan Administration in the 1980s, the Bureau of Labor Statistics excludes work stoppages of fewer than 1,000 workers from its database. | It is imperative to have reliable data on strike activity, by union and non-union workers in stoppages of all sizes, to keep…

Linda Benesch (2023-02-26). It's Time for the Wealthy to Pay Their Fair Share Into Social Security. truthout.org Is your salary less than $160,200? If so, you're among the 94 percent of American workers who pay into Social Security all year long. But there's a privileged group that's about to stop paying into Social Security for the rest of 2023: People who make $1,000,000 a year. Their last day of contributing to Social Security is February 28. That's not even the worst of it. Tucker Carlson… |

Mike Gonzalez (2023-02-26). As US Reengages Maduro, Oil Giants Earn Deals — and Venezuelans Protest. truthout.org In late November 2022, an article in The Economist reported that "things have changed in Caracas" with the new availability of luxury consumer goods, a new generation of high-end restaurants and the return of traffic jams. Add to that a new Ferrari dealership and it becomes clear what sections of the population are the beneficiaries of the changes — a tiny minority of wealthy Venezuelans. |

C.J. Polychroniou (2023-02-26). We Face a Climate Abyss, But There Are Sparks of Hope, Robert Pollin Says. truthout.org The energy transition from fossil-based systems of energy production and consumption to renewable energy sources is moving slowly, and scores of global conferences on climate change over the past few decades have failed to produce the desired results. From the look of things, fossil fuels are going to be around for a long time to come, even though there is undeniable evidence that humanity is… |

ecns.cn (2023-02-26). Health insurance reforms to cover more outpatient expense. ecns.cn The recent reforms to the employee health insurance policy are aimed at easing the financial strain on outpatients and reducing unnecessary hospitalizations of patients with mild conditions, a National Healthcare Security Administration official said on Saturday.

ecns.cn (2023-02-26). Banks in GBA to feel boom with new measures. ecns.cn Financial institutions expect a boom in the cross-border capital market of the Guangdong-Hong Kong-Macao Greater Bay Area with the deepening of the financial sector's opening-up and reform in the area.

ecns.cn (2023-02-26). Guangdong's co-op zones to boost financial opening up. ecns.cn China's central bank and four other authorities have released measures to deepen financial reforms and opening up in Qianhai and Hengqin in southern Guangdong Province.

WSWS (2023-02-26). UK regional teachers strikes to begin as National Education Union prepares a sell-out. wsws.org Every union, including the NEU, has been desperate to dissipate the anger and opposition amongst public sector workers to the devastating impact of austerity and rising inflation producing a collapse in living standards and a funding crisis to essential public services.

americanthinker (2023-02-26). Another bad day for the Inflation Reduction Act. americanthinker.com And one wonders if Joe Manchin and Jon Tester are squirming.

WSWS (2023-02-26). UK regional teachers strike to begin as National Education Union prepares a sell-out. wsws.org Every union, including the NEU, has been desperate to dissipate the anger and opposition amongst public sector workers to the devastating impact of austerity and rising inflation producing a collapse in living standards and a funding crisis to essential public services.

Fight Back (2023-02-27). Against Trotskyism: Trotsky and the Soviet Union. fightbacknews.org Trotsky argued, before and after the revolution of 1917, that building socialism in one country was impossible, and that the success of the revolution was dependent on the immediate expansion of the revolution to Western Europe. Once this didn't happen, Trotsky's only way to persist in this theory was to say that the Soviet Union wasn't truly building socialism. | Despite Trotsky's protests to the contrary, the Soviet Union, in fact, accomplished a great deal. By putting the means of production under the control of the proletarian dictatorship, the Soviet Union, in just a few decades, went from a backwards count…

Steven D. Grumbine (2023-02-26). Taxes Don't Fund Federal Spending. realprogressives.org Our federal government doesn't need revenue. So why the chatter about how will the government get money to fund its operations?>

ecns.cn (2023-02-26). Aussie businesses upbeat about opportunities in west China. ecns.cn Representatives from Australian businesses expressed their anticipation and interest in opportunities in west China, as the latter is eyeing more investment and trade cooperation with foreign countries.

WSWS (2023-02-27). Retired Detroit nurse: "When you have CEOs at 'not-for-profit' hospitals making millions a year … something is wrong with the whole system" wsws.org Pat Cason-Merenda is a retired nurse in Detroit who spoke to the WSWS in support of nurses and health care workers around the world who are facing horrific working conditions.

Antonio C.S. Rosa (2023-02-27). 'Ticking Time Bombs' for the Most Defenceless: The Children (II). transcend.org 23 Feb 2023 – While the world's biggest powers and their giant private corporations continue to attach high priority to their military —and commercial— dominance, both of them being shockingly profitable, entire generations are being lost to deadly armed conflicts, devastating climate catastrophes, diseases, hunger and more imposed impoverishment.

ecns.cn (2023-02-27). Livestreamers flow overseas for sales, profits. ecns.cn "Foreign livestreaming e-commerce is at the level of China in 2018 or 2019," said Ma, whose company has recently started livestreaming in the United Kingdom, the US and Vietnam.

rqorinoco (2023-02-27). Poisoning America for Profit: A Brief History of Norfolk Southern's Greed. orinocotribune.com

Emanuel Pastreich (2023-02-26). The Importance of the Humanities in the Fourth Industrial Revolution. globalresearch.ca

WSWS (2023-02-27). SEP (Australia) candidates hold speak out in southwest Sydney ahead of NSW election. wsws.org SEP candidates Oscar Grenfell and Max Boddy, along with other party members, spoke to people in working-class Liverpool about the need for a socialist alternative to the program of war and austerity put forward by all other parties in the election.

WSWS (2023-02-27). The war in Ukraine and how to stop it: Online meeting advances a socialist anti-war strategy for the international working class. wsws.org Saturday's meeting, which was attended by a worldwide audience, presented a powerful case for a unified movement of the international working class for socialist revolution as the only realistic strategy to stop World War III.

Antonio C.S. Rosa (2023-02-27). In Homage to David Ray Griffin: Indispensable Public Intellectual. transcend.org I think it was the successful branding of the 9/11 skeptics as 'wacky' that proved more useful in squelching their influence than by labeling them as 'dangerous,' 'subversive,' and 'radical' or 'socialist.' It might be understood as the advent of a more advanced, more sophisticated version of McCarthyism, a discrediting ploy that George Orwell would have immediately understood.

Suds, Snacks,, Socialism Forum Committee (2023-02-27). Saturday 3/4: The Global Struggle for Women's Rights. indybay.org The Starry Plough Pub | 3101 Shattuck Avenue, Berkeley, CA 94705…

ecns.cn (2023-02-26). 20th CPC Central Committee starts 2nd plenary session in Beijing. ecns.cn The 20th Central Committee of the Communist Party of China (CPC) started its second plenary session in Beijing Sunday afternoon.

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