Daily Archives: March 14, 2023

2023-03-14: News Headlines

Editor (2023-03-14). 'The bank is now insolvent'. workers.org It is often the case that, when the capitalist system is on the verge of a crisis, the period leading up to it is marked by buoyant explosions of optimism. On Oct. 25, 1929, President Herbert Hoover proclaimed that the U.S. economy was "on a sound and prosperous basis." Four . . . |

Alexander Rubinstein (2023-03-14). Former US natsec advisor: destroy Taiwan semiconductor factories if China invades. thegrayzone.com A growing body of evidence suggests that the US would blow up the global economy to prevent China from laying claim to Taiwan's semiconductor factories. Former White House National Security Advisor Robert C. O'Brien has hinted at a sinister US contingency plan in the event of a Chinese invasion of Taiwan. Rather than see Taiwan's semiconductor factories fall into the hands of the Communist Party of China, the US and its allies would simply pull a Nordstream. "The United States …

ecns.cn (2023-03-14). Haikou aims high with lofty economic targets. ecns.cn China's economy is set to rebound this year, and Haikou, the core area of Hainan Free Trade Port, is speeding up economic development, according to Ding Hui, mayor of Haikou and a deputy to the National People's Congress.

ecns.cn (2023-03-14). Experts: U.S. bank collapse result of failure to adhere to core activities. ecns.cn The collapse of Silicon Valley Bank will not affect China's banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing their asset-liability structure and steering clear of excessive liquidity risk, experts said.

ecns.cn (2023-03-14). HSBC acquires collapsed Silicon Valley Bank's UK subsidiary. ecns.cn HSBC, the largest bank in Europe, on Monday said it had bought the United Kingdom (UK) operations of the failed U.S. lender Silicon Valley Bank (SVB) for a single symbolic pound (1.21 U.S. dollar). The move is expected to save many British startups from huge losses.

ecns.cn (2023-03-14). Opening-up, stress on value chains praised. ecns.cn China's unswerving commitment to high-level opening-up is "very welcome" when rising geo-economic fragmentation is threatening global growth, said a senior official of the International Monetary Fund.

Editor (2023-03-14). 'The bank is now insolvent'. workers.org It is often the case that, when the capitalist system is on the verge of a crisis, the period leading up to it is marked by buoyant explosions of optimism. On Oct. 25, 1929, President Herbert Hoover proclaimed that the U.S. economy was "on a sound and prosperous basis." Four . . . |

Alexander Rubinstein (2023-03-14). Former US natsec advisor: destroy Taiwan semiconductor factories if China invades. thegrayzone.com A growing body of evidence suggests that the US would blow up the global economy to prevent China from laying claim to Taiwan's semiconductor factories. Former White House National Security Advisor Robert C. O'Brien has hinted at a sinister US contingency plan in the event of a Chinese invasion of Taiwan. Rather than see Taiwan's semiconductor factories fall into the hands of the Communist Party of China, the US and its allies would simply pull a Nordstream. "The United States …

ecns.cn (2023-03-14). Haikou aims high with lofty economic targets. ecns.cn China's economy is set to rebound this year, and Haikou, the core area of Hainan Free Trade Port, is speeding up economic development, according to Ding Hui, mayor of Haikou and a deputy to the National People's Congress.

ecns.cn (2023-03-14). Experts: U.S. bank collapse result of failure to adhere to core activities. ecns.cn The collapse of Silicon Valley Bank will not affect China's banking industry but has highlighted the importance for banks of adhering to their primary business, serving the real economy, balancing their asset-liability structure and steering clear of excessive liquidity risk, experts said.

ecns.cn (2023-03-14). HSBC acquires collapsed Silicon Valley Bank's UK subsidiary. ecns.cn HSBC, the largest bank in Europe, on Monday said it had bought the United Kingdom (UK) operations of the failed U.S. lender Silicon Valley Bank (SVB) for a single symbolic pound (1.21 U.S. dollar). The move is expected to save many British startups from huge losses.

ecns.cn (2023-03-14). Opening-up, stress on value chains praised. ecns.cn China's unswerving commitment to high-level opening-up is "very welcome" when rising geo-economic fragmentation is threatening global growth, said a senior official of the International Monetary Fund.

Peoples Dispatch (2023-03-14). The second-largest bank failure in US history reveals double standard. peoplesdispatch.org On March 10, the Silicon Valley Bank collapsed in the second-largest bank failure in US history, topped only by the 2008 recession-era failure of Washington Mutual. SVB, which was founded in 1983 and was the go-to bank for tech startups and other venture capitalists, was the sixteenth-largest US bank according to assets. | The bank failure has sent the US economy reeling, with many working people concerned about the impact this could have on their paychecks, personal savings, and whether or not a 2008-like crisis could be provoked. | US authorities have attempted to employ a crisis control strategy, with US Presi…

Prof Michel Chossudovsky (2023-03-14). War, Terrorism and the Global Economic Crisis. Ninety-nine Interrelated Concepts. globalresearch.ca Everything is interrelated: war, terrorism, the police state, the global economy, financial fraud, corrupt governments, poverty and social inequality, media disinformation, war propaganda, WMD, international law,…

Dana Sanchez (2023-03-13). U.S. Government Bails Out Elite Silicon Valley Venture Capital Ecosystem: 5 Things To Know. moguldom.com The U.S. Treasury and Federal Reserve bailed out the failed Silicon Valley Bank and the venture capital ecosystem over the weekend, guaranteeing uninsured deposits and offering loans to other banks so they don't have to lose money on their fixed-income assets. While regulators and Biden officials have been telling the U.S. that the economy is …

ecns.cn (2023-03-13). Female live-streamers boost China's rural revitalization. ecns.cn Internet economy has brought more opportunities to women living in rural areas who are able to surf the internet. They have become live-streamers to introduce rural scenery and sell local specialties, making a great contribution to rural revitalization.

ecns.cn (2023-03-13). Reaching 2023 GDP growth target requires redoubled efforts: Chinese premier. ecns.cn To achieve the 2023 gross domestic product (GDP) growth target of around 5 percent on the current high base of China's economic output is not an easy task and requires redoubled efforts, Chinese Premier Li Qiang said Monday.

ecns.cn (2023-03-13). China to continue to deepen reform, opening up: premier. ecns.cn China will keep to the direction of socialist market economic reform, promote higher-level opening up and inject stronger vitality into development by deepening reform and opening up, Chinese Premier Li Qiang said Monday.

ecns.cn (2023-03-13). Premier voices full confidence in China's economic outlook. ecns.cn Chinese Premier Li Qiang on Monday voiced full confidence in the prospect of the country's economy, saying that it will break winds and waves and sail toward a bright future.

ecns.cn (2023-03-13). Institutional strength an advantage for China's economic development: premier. ecns.cn Chinese Premier Li Qiang said on Monday that the notable institutional strength is one of the advantages for China's economic development.

ecns.cn (2023-03-13). China's private enterprises to enjoy better environment, broader space for development: premier. ecns.cn Private enterprises in China will enjoy better environment and broader space for development, Chinese Premier Li Qiang said Monday.

ecns.cn (2023-03-13). China to step up policy support for employment: premier. ecns.cn China will continue to pursue an employment-first strategy and increase government support to boost employment, Premier Li Qiang said Monday.

ecns.cn (2023-03-13). China's food security well guaranteed: premier. ecns.cn China's food security is well guaranteed on the whole and China will make sure that the rice bowl of the 1.4 billion Chinese people will always be firmly held in their own hands, Chinese Premier Li Qiang said Monday.

Institute for Energy Economics, Financial Analysis (2023-03-13). Privatized Power Grid Unlikely to Save Puerto Rico Customers From Disastrous Debt Restructuring Plan (OPINION). latinorebels.com It is time for the oversight board and the governor to give up the fantasy that the debt can be paid without harming Puerto Rico's economy, pensioners, and electrical system recovery. Overly optimistic assumptions contributed to PREPA's bankruptcy. More of the same will not solve its problems.

Michael Hudson, Geopolitical Economy. (2023-03-13). Why The US Banking System Is Breaking Up. popularresistance.org The breakup of banks that is now occurring in the United States is the inevitable result of the way in which the Obama administration bailed out the banks in 2008. | When real estate prices collapsed, the Federal Reserve flooded the financial system with 15 years of quantitative easing (QE) to re-inflate real estate prices — and with them, stock and bond prices. | What was inflated were asset prices, above all for the packaged mortgages that banks were holding, but also for stocks and bonds across the board. That is what bank credit does. | This made trillions of dollars for holders of financial assets [mda…

Newsclick (2023-03-13). India's GDP overestimated? With Aunindyo Chakravarty. peoplesdispatch.org India's GDP growth has not been matched by a similar growth in key sectors of the economy. This indicates that India's fabled GDP growth rate is more a mirage than reality, says senior journalist Aunindyo Chakravatry…

infobrics (2023-03-14). Russian Siberia Attracting Mutual Investment from Kazakhstan and China. infobrics.org The Krasnoyarsk Economic Forum has been taking place in Siberia, an event at which the development of Siberia, taking into account the current economic and geopolitical situation, is discussed…

ecns.cn (2023-03-14). China, ASEAN keep improving economic and trade cooperation: China-ASEAN Business Council. ecns.cn China and ASEAN countries have continuously enhanced good-neighborly relations and improved the economic and trade cooperation, with both sides becoming each other's largest trading partner in the past three years, said Xu Ningning, executive president of the China-ASEAN Business Council and chairman of the RCEP Industry Cooperation Committee.

ecns.cn (2023-03-14). Shanghai delegates call for more basic research. ecns.cn Continued efforts should be made to invest more in basic research, which serves as the basis for advancing innovation and technology, and high-quality economic growth, according to the Shanghai delegates attending the two sessions in Beijing.

ecns.cn (2023-03-14). Employment remains key national priority. ecns.cn China will embrace a talent dividend to boost economic development, while the implementation of the employment-first policy remains one of the government's top priorities to stabilize the job market, said Premier Li Qiang.

ecns.cn (2023-03-14). 5G, 6G at 'forefront' for high-quality development, digital transformation. ecns.cn China's intensified push for the development of superfast wireless technology including 5G and 6G will further promote industrial upgrading and digital transformation in traditional sectors, providing new momentum for the country's economic growth.

infobrics (2023-03-13). India, Russia Review Bilateral Trade and Economic Cooperation. infobrics.org India and Russia reviewed bilateral trade and economic cooperation, including the deficit in bilateral trade, during a virtual meeting between external affairs minister S Jaishankar and Russian deputy prime minister Denis Manturov…

Fight Back (2023-03-13). Appleton, WI: Students and community celebrate International Women's Day. fightbacknews.org Appleton, WI – Students and other members of the Fox Valley community gathered to celebrate International Women's Day on March 5 in Appleton's Houdini Plaza. Appleton Students for a Democratic Society (SDS) and the Freedom Road Socialist Organization co-hosted the rally. | The event was kicked off with a speech by FRSO member Hannah Hurrle, with their speech setting the tone for the afternoon. She reminded people of the origins of International Women's Day and of the relationship between gender inequality and economic inequality. Hurrle highlighted the wage gap between men and women and how that gap is further wi…

Adrian Torres-Trigo, Gabriel Sebhatu (2023-03-13). D.C. Council resolution: Cuba is a target, not a terrorist state. peoplesworld.org WASHINGTON—A group of local councilors in the District of Columbia is urging the Biden administration to remove Cuba from the State Sponsors of Terrorism List and lift the six-decade-old political and economic blockade of the island. On Feb. 10, 2023, a resolution was introduced pushing for an end to anti-Cuban hostilities—PR25-0113, "Sense of the Council …

Andreína Chávez Alava, Venezuelanalysis. (2023-03-13). Hugo Chávez And The Last Solar Eclipse Of The 20th Century. popularresistance.org With his arrival, Chávez broke 40 years of a corrupt system and established a participatory and protagonistic democracy that went beyond electoral processes. This has allowed for people to take power by organizing for social, economic, political and educational purposes. Today, plenty of popular organizations self-govern over their land, resources and production. | Driven by his desire to build another society where the basic aspects of human life are not commodified, the revolutionary leader launched a myriad of economic and social policies to democratize healthcare, food, housing, and access to technology, spor…

Antonio C.S. Rosa (2023-03-13). Will the Circle be Unbroken? Reviving the Spirit of Bandung and Panchsheel. transcend.org "I hate the US empire, and I love the US republic." — Johan Galtung. Economic colonization continues, backed up by financial networks, covert CIA/MI6 operations and hundreds of US military bases that dot the globe in over 85 countries. The sun still never sets on the modern Anglo-American empire. Implementation of the Panchsheel principles would set the stage for peaceful coexistence in a nuclear weapons-free world.

ecns.cn (2023-03-13). Insights | Robert Kuhn: Private business of great significance in achieving common prosperity. ecns.cn Over the past three decades, Robert Kuhn, a famous U.S. strategist and banker, has been focusing on China's economic development. In his eyes, China has made great economic progress, which is of great significance.

Greg Kearney (2023-03-13). SVB collapse: Who will get bailed out, and who will pay? peoplesworld.org Another financial crisis, another bailout? As the bank failures pile up, it seems that capitalism is overdrawn once again. And, as in past economic collapses, it looks like the public will be expected to "socialize" the losses imposed on us by government deregulation and the risky investments of the financial class. Cartoonist Greg Kearney offers …

José Luis Granados Ceja (2023-03-13). Venezuela's Maduro Confirms No Early Elections, Gov't Hardens Stance Against US-EU Demands. venezuelanalysis.com "We do not care what imperialism or the oligarchies think about the political, social, and economic life of Venezuela," said Maduro.

teleSUR, JDO (2023-03-13). Irán incrementa ventas de crudo pese a sanciones de EE.UU. telesurtv.net Exportaciones de petróleo y gas registran el nivel más alto desde 2018, cuando Washington se retiró del PIAC y prometió reducirlas a cero.

Unicorn Riot (2023-03-13). Triple Bank Collapse hits Silicon Valley & NY amid Economic Downturn. unicornriot.ninja

Mark Gruenberg (2023-03-13). Unemployment rate edges up; Businesses claim to create more low-wage jobs. peoplesworld.org WASHINGTON—The U.S. unemployment rate edged up 0.2% in February to 3.6%, even as businesses claimed to create a net of 265,000 new jobs that month, including 245,000 in services. Governments said they added 46,000 workers, too. But there's a caveat to all those new service sector jobs: The biggest gainer—bars and restaurants, which added 64,900 …

Joseph Winters (2023-03-13). Plastic Waste That Gets Dumped on Poor Countries Is Massively Underestimated. truthout.org High-income countries have long sent their waste abroad to be thrown away or recycled — and an independent team of experts says they're inundating the developing world with much more plastic than previously estimated. According to a new analysis published last week, United Nations data on the global waste trade fails to account for "hidden" plastics in textiles, contaminated paper bales… |

Dr. Werner Ràºgemer (2023-03-14). Apple: "Forced Labor" in India with Foxconn. Hourly Wage 88 Cents. globalresearch.ca

Labor Video Project (2023-03-14). Stop Sale Of KPFK Bldg & Flagrant Violations Of Pacifica Bylaws 6 Year Term Limit-Speak Out. indybay.org

teleSUR, rzr, SH (2023-03-14). Senado chileno votará reducción de jornada laboral. telesurtv.net En junio de 2022 el presidente Gabriel Boric declaró que impulsaría el proyecto de ley para reducir a 40 horas semanales la jornada laboral.

United Front Committee For A Labor Party (2023-03-14). Tuesday 3/28: Rally To Rehire Fired Namibian Miners By Chinese National Nuclear Corporation. indybay.org San Francisco Chinese Consulate | Geary & Laguna St. | San Francisco…

Editor (2023-03-13). Employers Want to Bring Child Labor to Some of the Most Dangerous Jobs in the Country. scheerpost.com

isabella (2023-03-13). The Unconscionable Push to Bring Back Child Labor. inequality.org Brad Greve has been a Scout leader for more than 20 years. The Davenport, Iowa retiree leads 50-mile canoe trips on Minnesota's Boundary Waters that test teens' mettle while teaching them essential skills. Greve told a story recently where two boys, despite being warned repeatedly, let their canoe drift perilously close to a section of stream that …

isabella (2023-03-13). Making Campuses Platforms for Labor Renewal. inequality.org

Labor Video Project (2023-03-13). STOP Sale Of KPFK Bld & Flagrant Violations Of Pacifica Bylaws 6 Year Term Limit-Speak Out. indybay.org

manager (2023-03-13). What to Look for in the February CPI. cepr.net The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Tuesday, March 14th at 8: 30 AM Eastern Time. The clear evidence of slowing inflation in the CPI, as well as other price indices, through the second half of 2022 was weakened by the retroactive application of new seasonal …

Peoples Dispatch (2023-03-13). At least 30 migrants missing after boat capsizes in Mediterranean Sea. peoplesdispatch.org At least 30 migrants are missing or presumed dead in the Mediterranean Sea after another boat capsized off the coast of Libya on Sunday, March 12. At least 17 people were reportedly rescued by private merchant ships, in collaboration with European border control agency FRONTEX. | According to reports, the boat had 47 passengers on board and was traveling from Libya to Italy. It capsized around 110 miles northwest of Benghazi, after rescue operations had already begun. | According to a statement issued by the Italian coast guard, the rescue operation—which was delayed due to bad weather—was ongoing wit…

Staff (2023-03-13). Realizar bien su labor: Leitmotiv de la primera liniera cubana. cubadebate.cu Hace solo cuatro meses, Yanelis Rodríguez Reyes se graduó de la Escuela de Capacitación de Linieros Juan Ronda Lezcano. Sin embargo, no se vanagloria de ser la primera mujer liniera en Cuba, ni de que esta sea su cuarta entrevista en tan poco tiempo. Es, de hecho, bastante práctica y asume su oficio, en la Empresa Eléctrica de Capdevila, como uno más.

Suheir Sheikh (2023-03-13). U.S. electricians shortage. america.cgtn.com The U.S. is struggling with a shortage of trained electricians. According to the Bureau of Labor Statistics, there will be around 80,000 job openings for electricians every year until 2031. The shortage could get in the way of the country reaching its sustainability goals. …

WSWS (2023-03-13). Australia, India deepen military ties against China. wsws.org The Australian Labor government is doing everything it can to strengthen a network of US-led alliances, all aimed at preparing for an aggressive war against China.

Dr. Vladislav B. Sotirović (2023-03-14). History: The Three Partitions of the Polish-Lithuanian Commonwealth. 1772, 1793 and 1795. globalresearch.ca

WSWS (2023-03-14). The bailout of Silicon Valley Bank and the historic crisis of capitalism. wsws.org The commitment by the Biden administration to do "whatever is needed" to protect the money and riches of financial investors, speculators and the wealthy has again laid bare the real nature of capitalist governments as the executive committee for managing the affairs of the ruling monied elites.

Binoy Kampmark (2023-03-13). Silicon Valley Bank and the Anti-Regulation Bank Lobby. dissidentvoice.org Before the financial collapse come the aggressive anti-regulation lobbyists. These are often of the same ilk: loathing anything resembling oversight, restriction, reporting and monitoring. They are incarnations of the frontier, symbolically toting guns and slaying the natives, seeking wealth beyond paper jottings, compliance and bureaucratic tedium. The collapse of Silicon Valley Bank (SVB), for a …

rebekah (2023-03-13). How to Persuade a Billionaire. inequality.org A mid-pandemic survey from Pew found that 55 percent of Americans have no opinion on whether billionaires — whose wealth doubled during the pandemic — are good or bad for the United States. How do we shift the narrative to convince a larger majority of the dangers of wealth hoarding at the top end of …

WSWS (2023-03-13). Biden announces bailout for wealthy depositors in Silicon Valley Bank. wsws.org The decision came at the end of a weekend of frantic discussions involving the Treasury Department, the Federal Deposit Insurance Corporation and the US Federal Reserve after the banks was taken over the FDIC on Friday following a $42 billion bank run the previous day.

Victoria Koski-Karell, Elio Dortilus, Truthout. (2023-03-13). Colonialism Created Food Insecurity In Haiti. popularresistance.org As the planet faces more climate-driven disasters, we must prioritize the safety and wellbeing of populations most vulnerable to their effects. Extreme heat, droughts, floods and storms are becoming more frequent and intense worldwide while human industry, resource extraction, consumption and carbon emissions contribute to rapidly warming temperatures and rising seas. Amid this massive and multipronged human-made disaster, global food productivity growth is down 21 percent. Climate change is exacerbating food insecurity, wiping out agricultural production, devastating livelihoods and forcing people to flee their…

Ellen Brown (2023-03-14). The Looming Quadrillion Dollar Derivatives Tsunami. dissidentvoice.org On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a "systemically important financial institution" (SIFI) as defined in …

teleSUR, JCM (2023-03-14). Crisis bancaria de EE.UU. causa desplome de los mercados mundiales. telesurtv.net SVB Financial Group es un banco clave dentro del sector de las tecnológicas; su abrupta caída es la mayor quiebra bancaria desde la crisis financiera de 2008.

Antonio C.S. Rosa (2023-03-13). (Italiano) "La pace è l'unica vittoria di cui abbiamo bisogno" e non ha bisogno di armi. transcend.org 5 Marzo 2023 – Scriveva nei giorni scorsi il Financial Times che "le azioni delle aziende del settore della difesa sono salite negli ultimi mesi, perché gli investitori scommettono sulle promesse di un aumento della spesa militare da parte dei governi occidentali per aiutare lo sforzo bellico dell'Ucraina contro la Russia".

C.J. Atkins (2023-03-13). Silicon Valley Bank collapse reveals danger of a wider financial crisis. peoplesworld.org Finance capital seems poised to once more drag the country into a new banking crisis, dredging up the specter of the 2008 collapse of Lehman Brothers and the Great Recession that it sparked. Since Friday, the U.S. government has seized control of two banks in an effort to slow the development of a classic "run …

Mansa Musa, The Real News Network. (2023-03-13). New Federal Proposal Could Seize 75% Of Commissary Funds Sent To Prisoners. popularresistance.org Incarcerated people across the US could find their commissary funds depleted by a new proposed policy from the Bureau of Prisons to automatically deduct three quarters of all funds prisoners receive from loved ones on the outside. The BOP is justifying the proposed change by appealing to personal responsibility—claiming that the deductions will go towards covering prisoners' financial obligations such as child support and court fees. But what about the financial obligations of the federal government? Billions of public dollars are earmarked for corporate contractors profiting from incarceration and war each…

Last Real Indians. (2023-03-13). Bison Restoration To Be Led By Tribes. popularresistance.org Washington — The Department of the Interior today announced several new steps to restore wild and healthy populations of American bison and the prairie grassland ecosystem. Through a new Secretary's Order and over $25 million from the Inflation Reduction Act, the Department will empower its bureaus and partners to use the best available science and Indigenous Knowledge to help restore bison across the country. | "The American bison is inextricably intertwined with Indigenous culture, grassland ecology and American history.

David Swanson (2023-03-14). How U.S. Military Spending Works. globalresearch.ca

Juan Cole (2023-03-14). Saudi Aramco Reports Gargantuan $161 Bn in Profits, But will Electric Cars kill the Oil Market within 2 Decades? juancole.com Ann Arbor (Informed Comment) — Dan Murphy at CNBC reports that the giant Saudi Aramco oil company posted an unprecedented profit of $161 billion for 2022. The company's CEO, Amin Nasser, commented that this was probably the biggest profit ever made in the course of one year by any private company. Murphy reports that Nasser …

WSWS (2023-03-14). California ends mask requirement for health care workers in health facilities. wsws.org Leaving mask policy up to individual health care facilities will only increase deaths and debilitation among patients and health care workers in a system that prioritizes profits over lives.

WSWS (2023-03-14). The transformation of Germany's postal service into a low-wage sector. wsws.org Deutsche Post DHL Group exemplifies an international trend; mercilessly sacrificing workers' living standards and health for profit.

Marjorie Griffin Cohen (2023-03-13). Can more for-profit health care be stopped? canadiandimension.com

Jon Queally (2023-03-13). Sanders calls for repeal of Trump-era deregulation blamed for bank collapses. therealnews.com This story originally appeared in Sen.

Dr. Binoy Kampmark (2023-03-13). Disastrous Harvest: Silicon Valley Bank and the Anti-Regulation Bank Lobby. globalresearch.ca

Jake Johnson (2023-03-13). Trump-Era Deregulation Deemed a Key Culprit in the Failure of Silicon Valley Bank. globalresearch.ca

Jon Queally (2023-03-13). Following Bank Collapses, Sanders Calls for Repeal of Trump-Era Deregulation. truthout.org Sen. Bernie Sanders on Sunday night called for a full repeal of the 2018 banking deregulations signed into law by former President Donald Trump and declared that "now is not the time for taxpayers to bail out Silicon Valley Bank" — the California bank that collapsed Friday. On Sunday evening, the U.S. Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation (FDIC) issued a… |

Staff (2023-03-14). Hoy en la Mesa Redonda, Carlos Marx: Ideas para transformar el mundo. mesaredonda.cubadebate.cu Ciento cuarenta años después de su muerte, Carlos Marx sigue siendo una figura clave en los destinos de la humanidad. øPor qué son vigentes sus ideas? øQué nos aporta para entender la complejidad económica y social de los tiempos actuales? Sobre esos y otros temas hablarán este martes en la Mesa Redonda reconocidos filà≤sofos y economistas.

teleSUR, jb, ACH, SH (2023-03-14). Cinco libros para recordar a Karl Marx, el padre del marxismo. telesurtv.net El filósofo, sociólogo, historiador, economista y político alemán Karl Marx, falleció el 14 de marzo de 1883 a los 64 años de edad en Londres, Inglaterra.

WSWS (2023-03-14). Vote "No" to Verdi's fraudulent contract agreement for German postal workers! Build the Postal Action Committee! wsws.org "The current offer means severe cuts in our wages and is no different from the offer we previously rejected by an 86 percent majority"—Postal Action Committee…

Antonio C.S. Rosa (2023-03-13). The Disturbing Groupthink over the War in Ukraine. transcend.org 3 Mar 2023 – U.S. Treasury Secretary Janet Yellen asserted that U.S. support for Ukraine "is motivated, first and foremost, by a moral duty to come to the aid of a people under attack." Why this supposed moral duty does not apply to the Palestinians or disappears when the U.S. wages offensive wars and campaigns of mass slaughter throughout the world?>

Editor (2023-03-14). Review: Enrique S Rivera — "The Untold Story of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution" mronline.org Every May 10th marks Afro-Venezuelan Day and commemorates the 1795 Coro Rebellion. The May 1795 revolutionary events are the centerpiece of Enrique S. Rivera's The Untold History of Capitalism: Primitive Accumulation and the Anti-Slavery Revolution.

WSWS (2023-03-14). SEP (Australia) campaigners for NSW election speak to Central Coast workers about cost of living crisis and war. wsws.org "Capitalism is like a jungle. You do what you need to do to survive. If you need to kill someone, or step on the head of your friend, that's capitalism. Socialism is totally different. It's guided by equality and supporting healthcare, education and so on. Socialism is for the working class."—Roberto, a truck driver.

Staff (2023-03-14). Industriales se estrena con diez novatos en su nómina para la 62 Serie Nacional de Béisbol. cubadebate.cu La nómina de Industriales fue dada a conocer este lunes de cara a la 62 Serie Nacional de Beisbol, que comenzará el venidero 22 de marzo. Entre las principales figuras del elenco aparecen Oscar Valdés, Yasiel Santoya, Roberto Acevedo, Yamil Rivalta, Yosvani Peñalver, Alberto Calderón, Yoassán Guillén, Andy Vargas, Pavel Hernández y Juan Xavier Peñalver.

Antonio C.S. Rosa (2023-03-13). The U.S. Must Stop Threatening China! transcend.org The US Aggressive Military-Industrial Complex – The great danger is that the escalation of the Ukrainian conflict will result in nuclear war. However, politicians from both U.S. political parties are so blinded by nationalism that they believe the risks to be necessary in order to "weaken Russia", thus asserting American global hegemony.

teleSUR- jaa, JCM (2023-03-13). Rusia informa sobre importante avance en Artiómovsk, Donetsk. telesurtv.net El militar informó además que este nuevo paso permitió liberar el importante complejo industrial ubicado en la región.

Dave DeCamp (2023-03-13). China Appoints New Defense Minister Who Is Under US Sanctions. news.antiwar.com China on Sunday named its new defense minister, Li Shangfu, a general who has been under US sanctions since 2018 for overseeing China's purchase of Russian military equipment. The US sanctions on Li could hinder the already-delicate dialogue between the US and China. Secretary of Defense Lloyd Austin had been holding talks with Li's predecessor, …

Alejandro Marcó del Pont (2023-03-14). Un experimento neoliberal llamado Ucrania. globalizacion.ca Los medios de comunicación ucranianos e internacionales nunca dejan de recordar a sus habitantes que esta guerra se libra en nombre del "futuro europeo de Ucrania". Imagino que este nunca llegará; de todos modos, y mientras tanto, øqué son estos…

Fight Back (2023-03-14). Denver FRSO hosts International Women's Day rally at State Capitol. fightbacknews.org Denver, CO – On Wednesday, March 8, the Freedom Road Socialist Organization hosted a rally at the Colorado State Capitol building to celebrate International Women's Day. Two dozen people gathered to answer the call for an end to attacks on women's and reproductive rights, including members of Students for a Democratic Society and the Denver-Aurora Community Action Committee. | FRSO and Denver residents are outraged at the outcome of the Dobbs Supreme Court decision. So-called "trigger laws" banned abortion in 13 states after the decision was made in 2022. In other states, "heartbeat bills" have become law, serio…

ecns.cn (2023-03-14). Xi pools mighty force for building great country, national rejuvenation. ecns.cn Chinese President Xi Jinping on Monday called for forming a mighty force for building a great modern socialist country and advancing national rejuvenation.

Freedom Socialist Party (2023-03-14). Sunday 3/26: Women, Life, Freedom–Learning from the Revolutionary Tenacity of Iranian Women. indybay.org New Valencia Hall, 747 Polk St. (at Ellis), San Francisco or via zoom at bit.ly/RevTenacityIranianWomen…

Orinoco Tribune 2 (2023-03-13). Following Chinese Mediation, Iran and Saudi Arabia To Resume Diplomatic Relations. orinocotribune.com By Friends of Socialist China — Mar 11, 2023 | The announcement from Beijing on Friday March 10 that, following Chinese mediation, Iran and Saudi Arabia are to resume their diplomatic relations is widely recognised as a stunning diplomatic and political development, with profound implications not only for the Middle East (or West Asia), but also for international relations generally. | In a Joint Trilateral Statement by the People's Republic of China, the Kingdom of Saudi Arabia and the Islamic Republic of Iran, the three countries announced that, "an agreement has been reached between the Kingdom of Saudi A…

Ronan Burtenshaw, Tribune Magazine. (2023-03-13). Forward Ever, Backward Never: Grenada's Revolution At 40. popularresistance.org When Maurice Bishop, the revolutionary Grenadian leader, appeared at Hunter College in Brooklyn, New York in August 1983, the Reagan administration was worried. Four years earlier, in 1979, a socialist revolution had installed Bishop's New Jewel Movement (NJM) in power in the Caribbean microstate of less than 100,000 people. A state department report from the time summarised the Americans' concerns. The revolution in Grenada, it said, was in some ways even worse than the Cuban Revolution that had rocked the region a quarter of a century earlier: the vast majority of Grenadians were black, and therefore their stru…

teleSUR, JGN (2023-03-13). Presidente de China considera imprescindible poner al pueblo en primer lugar. telesurtv.net Al intervenir en la clausura de la sesión anual de la Asamblea Popular Nacional (Parlamento), Xi destacó que el pueblo es la fuerza decisiva para convertir a China en un gran país socialista moderno.

WSWS (2023-03-13). Australia's housing crisis demands a socialist solution. wsws.org Across the country, there are growing reports of people living in caravans, campervans and tents, or sleeping on the streets or in cars alongside freeways.

Fight Back (2023-03-13). Against Trotskyism: Trotsky and the Chinese Revolution. fightbacknews.org Given the trajectory of Trotsky's line on the USSR, it shouldn't surprising that his theories missed the mark on China as well. In fact, if they had been followed, it is clear that they would have done considerable harm to the Chinese revolution. On the question of China, there are two main things that stand out regarding the position of Trotsky and his followers. First, there is the ever present failure to grasp the national-colonial question in the era of imperialism, and second, there is the failure to understand the united front in relation to that. | The Chinese revolution, led by Mao Zedong and the Communis…

ecns.cn (2023-03-13). Xi to attend CPC and World Political Parties Summit. ecns.cn The Communist Party of China (CPC) and World Political Parties Summit will be held Wednesday via video link, Hu Zhaoming, spokesperson for the International Department of the CPC Central Committee, announced Monday.

ecns.cn (2023-03-13). Xi to attend dialogue between CPC, world political parties. ecns.cn A dialogue between the Communist Party of China (CPC) and other political parties from across the world will take place Wednesday via video link, Hu Zhaoming, spokesperson for the International Department of the CPC Central Committee, announced Monday.

Peoples Dispatch (2023-03-13). Why are the people of Swaziland protesting the upcoming parliamentary elections? peoplesdispatch.org The Communist Party of Swaziland is continuing to organize actions protesting the upcoming parliamentary elections in the country. Swaziland is the last remaining monarchy in Africa, and the people of the country have been facing brutal repression for resisting the king's rule.

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