(2023-03-28). The Crucial Challenge of Venezuela's Oil Industry. orinocotribune.com By Misión Verdad — Mar 27, 2023 | The recently revealed corruption scheme at the heart of PDVSA has once again highlighted the pending issue of restructuring the oil industry. Venezuela's oil industry has been harassed for years by a general offensive of "sanctions" that have substantially impacted its operation, productive capacity and foreign trade channels, bringing negative consequences for the national economy as a whole. | THE "RAMÂREZ ERA" | The great weight that the state company exerts on Venezuela's economic performance by representing the main source of foreign currency income has strengthened the…
(2023-03-27). What Ukraine Needs to Learn From Afghanistan. strategic-culture.org By Jeffrey D. SACHS | The greatest enemy of economic development is war. If the world slips further into global conflict, our economic hopes and our very survival could go up in flames. The Bulletin of Atomic Scientists just moved the hands of the Doomsday Clock to a mere 90 seconds to midnight. | The world's biggest economic loser in 2022 was Ukraine, where the economy collapsed by 35 percent according to the International Monetary Fund. The war in Ukraine could end soon, and economic recovery could begin, but this depends on Ukraine understanding its predicament as victim of a US-Russia proxy war that broke out…
(2023-03-27). NATO Militarizes Civilian Structures In Europe With €1 Billion Fund. southfront.org 
Illustrative ImageNetherlands is the brainchild behind ‚Ǩ1 billion NATO fund aimed at Russia. | Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher | NATO is launching a new investment fund worth ‚Ǩ1 billion, which is expected to be officially activated at NATO's annual summit in July. The fund aims to militarize the civil sector by using the knowledge and skills of manufacturers, scientific institutions, and start-ups to develop technology wit…
(2023-03-27). The World's Largest CBDC Trial: A Preview of the Elite's Cashless Vision for You. transcend.org 23 Mar 2023 – The eNaira is Africa's first central bank digital currency (CBDC). Central bankers, academics, politicians and elites from over 100 countries have closely followed the eNaira. They used Nigeria—Africa's largest country by population and economy—as a trial balloon to test their nefarious plans to eliminate cash in North America, Europe, and beyond.
(2023-03-27). China And Russia Pledge 'Changes Not Seen In 100 Years'. popularresistance.org China's President Xi Jinping traveled to Russia to meet Vladimir Putin on March 20. | While in Moscow, Xi said, "Right now there are changes the likes of which we haven't seen for 100 years, and we are the ones driving these changes together". Putin replied, "I agree". | The two leaders discussed plans to deepen economic integration. | Both took aim at the hegemony of the US dollar, in particular. | "It is important that our national currencies are increasingly used in bilateral trade", Putin said on March 21. "We should continue promoting settlements in national currencies, and expand the reciprocal presence of…
(2023-03-27). China's strong economic rebound in 2023 is a booster for the world: head of IMF. ecns.cn China's economy is seeing a strong rebound which "matters for the country itself and matters for the world", said Kristalina Georgieva, managing director of International Monetary Fund (IMF) on Sunday during a panel discussion at the 2023 China Development Forum.
(2023-03-27). International community needs China more than ever: CEOs at China Development Forum 2023. ecns.cn China's economic rebound gives a welcome lift to the world economy, said Kristalina Georgieva, managing director of the International Monetary Fund (IMF).
(2023-03-28). CNOOC signs over $7.5 bln deal with Shell, partners to expand ethylene production. ecns.cn China National Offshore Oil Corp announced the third major expansion of ethylene production capacity in Huizhou, Guangdong province, with Shell plc, Daya Bay National Economic and Technological Development Zone and the Huizhou city government in Beijing on Sunday.
(2023-03-27). China And Russia Pledge 'Changes Not Seen In 100 Years'. popularresistance.org China's President Xi Jinping traveled to Russia to meet Vladimir Putin on March 20. | While in Moscow, Xi said, "Right now there are changes the likes of which we haven't seen for 100 years, and we are the ones driving these changes together". Putin replied, "I agree". | The two leaders discussed plans to deepen economic integration. | Both took aim at the hegemony of the US dollar, in particular. | "It is important that our national currencies are increasingly used in bilateral trade", Putin said on March 21. "We should continue promoting settlements in national currencies, and expand the reciprocal presence of…
(2023-03-27). China's strong economic rebound in 2023 is a booster for the world: head of IMF. ecns.cn China's economy is seeing a strong rebound which "matters for the country itself and matters for the world", said Kristalina Georgieva, managing director of International Monetary Fund (IMF) on Sunday during a panel discussion at the 2023 China Development Forum.
(2023-03-27). International community needs China more than ever: CEOs at China Development Forum 2023. ecns.cn China's economic rebound gives a welcome lift to the world economy, said Kristalina Georgieva, managing director of the International Monetary Fund (IMF).
(2023-03-28). CNOOC signs over $7.5 bln deal with Shell, partners to expand ethylene production. ecns.cn China National Offshore Oil Corp announced the third major expansion of ethylene production capacity in Huizhou, Guangdong province, with Shell plc, Daya Bay National Economic and Technological Development Zone and the Huizhou city government in Beijing on Sunday.
(2023-03-28). Fed hike end talk stirs easing buzz. ecns.cn The scope for China to beef up monetary support for economic recovery has expanded as U.S. interest rate hikes appear to be nearing an end, with another reserve requirement ratio cut possible this year, experts said on Monday.
(2023-03-28). Regional economic integration advancing in Asia: report. ecns.cn Regional economic integration has been advancing in Asia, according to a report released by the Boao Forum for Asia (BFA) on Tuesday.
(2023-03-27). Video: Most Serious Economic and Social Crisis in World History. Michel Chossudovsky. globalresearch.ca First published on March 23, 2023 | We are currently at the crossroads of the Most Serious Economic and Social Crisis in World History. It is an outright war against all humanity: the Planet's 8 billion people. | Starting with the corona …
(2023-03-27). Video: King Charles III and the World Economic Forum's Great Reset Agenda. globalresearch.ca
(2023-03-27). Japan and Mongolia: How Economic Giants are Strengthening Small States. journal-neo.org 
(2023-03-27). G7 vs BRICS — Off to the Races. transcend.org 22 Mar 2023 – BRICS Surpasses G7 in PPP-Adjusted Global GDP – An economist digging below the surface of an IMF report found something that should shock the Western bloc out of any false confidence in its unsurpassed global economic clout.
(2023-03-27). To Understand Iran's 150-Year Fight, Follow the Trail of Blood and Oil (Part 1). transcend.org It all started in 1872, with Nasir al-Din Shah having granted to the British Baron Julius de Reuter, rights to Iran's entire economic estate. Reuter not only controlled Iran's industry, farming, and rail transportation, but also held the right to issue currency and to set up a national bank, called the Imperial Bank of Persia, which was under direct British control.
(2023-03-27). To Understand Iran's 150-Year Fight, Follow the Trail of Blood and Oil. transcend.org It all started in 1872, with Nasir al-Din Shah having granted to the British Baron Julius de Reuter, rights to Iran's entire economic estate. Reuter not only controlled Iran's industry, farming, and rail transportation, but also held the right to issue currency and to set up a national bank, called the Imperial Bank of Persia, which was under direct British control.
(2023-03-27). Top Bank Of America Analyst Josh Hartnett: History Shows To Sell Last Rate Hike, Trouble Ahead For Stocks. moguldom.com Investors are fleeing to cash in the biggest rush since the onset of the covid pandemic amid growing concerns of an economic downturn, according to Bank of America analyst Josh Hartnett. In a flight to cash or flight to liquidity, investors have mainly a bearish outlook, preferring to sell assets and hold more cash in …
(2023-03-27). Laws protect rights of ethnic groups. ecns.cn China has made great strides in protecting the rights and interests of its ethnic groups, politically, economically and educationally, experts said on Friday.
(2023-03-27). Why Israelis Are Revolting Against Netanyahu And What It Really Means. thelastamericanvagabond.com Israel's political and economic system has come to a standstill as a result of mass demonstrations, that have captured the attention of international media. Hundreds of thousands of Israelis, including members of Israel's political and security establishment, took to the streets of Tel Aviv, whilst demonstrators stormed police barricades outside their Prime Minister, Benjamin Netanyahu's,
(2023-03-27). Biden uses Canada visit to strengthen North American imperialist powers' alliance for world war and global economic dominance. wsws.org Biden and Trudeau sought to cover over the predatory imperialist interests that were the focus of their deliberations with bogus platitudes about a "partnership" founded on "common values" like "democracy," "diversity" and "freedom."
(2023-03-27). All eyes in financial markets on Deutsche Bank. wsws.org German chancellor Olaf Scholz has issued assurances that Deutsche is not the next Credit Suisse in a clear indication there are major concerns it could well be.
(2023-03-27). Peoria library workers don't want to live in poverty. peoplesworld.org 
PEORIA, Ill. — "We have a city that says its library system has to be predicated on working-class people living in poverty." said Anthony Walraven, Vice President of AFSCME Local 3464 in a crowd of union workers and community supporters on March 21. "There's hope…When working people get together in solidarity with each other there …
(2023-03-27). Beyond Fatalism: Renewing Working-Class Politics. popularresistance.org "We need to ask ourselves," Leo Panitch and Donald Swartz stated in the third edition of From Consent to Coercion, "whether free pertains to those who do business or whether it pertains also to the majority of Canadians who do not do business." Their book, now a classic, focused on a critical expression of the tension between liberal democratic principles and capitalist realities: the substantive right of workers to strike. Canadian workers were officially granted the basic democratic right to form unions, but the substance of that right — the withdrawal by workers of their labour power — was regularl…
(2023-03-28). SEIU99/UTLA Membership Voices On Their Strike & Struggle: United We Stand, Divided We Fall. indybay.org Thirty thousand SEIU 99 LAUSD service workers went out on a three day unfair labor practice strike on March 21, 2023 to March 23, 2023. The UTLA members joined the picket line and this united action was a first. Workers spoke out about their conditions and struggles.
(2023-03-28). We've Had Enough! Oakland OEA Teachers Wildcat in Fight for Public Education. indybay.org Hundreds of teachers, community members and unionists joined together on March 24, 2023 to rally and march for public education and for a contract that will protect the schools in Oakland. The wildcat was a challenge to the union busting tactics of the district management.
(2023-03-28). On one-year anniversary of ALU's historic victory, New York Times does hit job on the union. workers.org 
A year ago, the Amazon Labor Union (ALU) surprised and excited the labor movement and shocked the ruling class with the first union victory at Amazon. The New York Times, one of U.S. capitalism's foremost mouthpieces, has marked the anniversary with a front-page hit job on the union, entitled "Strains . . . |
(2023-03-28). How the Cuban Government and Its People Collaborated on the Family Code. orinocotribune.com By Natalia Marques — Mar 23, 2023 | Revolutionary Havana youth describe the process of building legislation in direct dialogue with the people. | On September 25, 2022, Cuba
(2023-03-28). Saturday 4/1: All Out To Defend The French Workers General Strike-Their Fight Is Our Fight! indybay.org San Francisco French Consulate | 44 Montgomery St #3400, San Francisco, CA 94104…
(2023-03-28). Australia: After media lies about a Labor landslide, NSW election likely to result in minority government. wsws.org The media misinformation was aimed at covering up the crisis of the two-party system and trying to ensure a "stable" government to implement budget austerity.
(2023-03-28). Australian government unveils "tweaked" Voice referendum proposal. wsws.org Albanese's Labor government is desperate to use the Aboriginal and Torres Strait Islander Voice to put a progressive, even humanitarian, gloss to its reactionary, pro-business and militarist agenda.
(2023-03-27). Sanders-Led Committee Releases Damning Report on Starbucks's Anti-Union Activity. truthout.org A Senate committee headed by Bernie Sanders of Vermont released a report late Sunday aimed at debunking Starbucks' narrative that it supports workers' rights and has not committed large-scale violations of U.S. labor law — claims that former Starbucks CEO Howard Schultz will likely repeat when he testifies before the panel later this week. Since late 2021, when Buffalo workers voted to form the… |
(2023-03-27). Universities, Labor Unions Strike to protest Netanyahu's firing of Gallant, as Israel faces Complete Paralysis. juancole.com Ann Arbor (Informed Comment) — The Israeli newspaper Arab 48 reports that Israeli Prime Minister Binyamin Netanyahu fired his minister of defense, Yoav Gallant, on Sunday evening, setting off a new round of massive protests, along with threats of strikes and university closures that seem likely to paralyze the country. Netanyahu had discussed firing Gallant …
(2023-03-27). UAW Reformers Clinch The Presidency. popularresistance.org Reform challenger Shawn Fain has won the presidency of the United Auto Workers, the federal monitor announced today. Fain will be sworn in just in time to chair the UAW's bargaining convention, which begins Monday. | The vote count had begun March 1, but the initial tallies were so close that final results hinged on a few hundred challenged ballots. The painstaking process to check which ones were valid dragged on for weeks. | But while members awaited the final count, Big 3 auto worker rank-and-filers inspired by the reform slate were already stepping up to run for local office and change their union. With their…
(2023-03-27). Attacks On Child Labor Laws Aren't Going Away. popularresistance.org While we Americans like to believe that child labor is a thing of the past, an antiquated detail of a dark history that is safely in our rearview mirror, the sad reality is that, even today, in the year of our Lord 2023, the exploitation of children and their labor continues to be a dismal feature throughout the production and supply chains behind many of our favorite brands and companies, including Lucky Charms, Cheetos, Walmart, Target, Whole Foods, Fruit of the Loom, Ben and Jerry's, etc. There are kids farming the produce that we buy in the supermarket, kids making the parts that end up in our cars, kids clea…
(2023-03-27). Australia: NSW election sees further crisis of Liberals, but no landslide to Labor. wsws.org Contrary to media claims, the result is no ringing endorsement of Labor. Instead it expresses a deepening of the crisis of the two-party set-up.
(2023-03-27). María Kodama, colaboradora y viuda de Jorge Luis Borges, muere a los 86 años. cubadebate.cu La escritora y traductora argentina María Kodama, viuda y principal difusora de la obra de Jorge Luis Borges, falleció este domingo a los 86 años. Kodama nació en Buenos Aires en 1937 y era hija del japonés Yosaburo Kodama y de la argentina María Antonia Schweizer.
(2023-03-28). China sets its own path to inspire others. ecns.cn With border conflicts, climate change and rising prices threatening the food security of millions of people displaced from their homes in Burkina Faso, emergency humanitarian assistance funded by China poured into the country earlier this month.
(2023-03-28). 180,000 German transport workers strike, paralyzing large parts of air, rail and local transport. wsws.org The EVG rail workers' union has called the strike in response to the widespread willingness of workers to fight, who, in view of skyrocketing prices, are not willing to accept further cuts in real wages.
(2023-03-27). A Big Miss On Drug Prices. popularresistance.org The Biden administration has seen firsthand in the past few weeks the benefits of using statutory power to bring down prescription drug costs. With Novo Nordisk and Sanofi following the lead of Eli Lilly and announcing their intent to slash the list price of their insulin medications by 65 percent or more, practically all diabetes patients will see relief, mostly thanks to a change in Medicaid rebates stuck into the American Rescue Plan. It upended the usual laissez-faire attitude about prescription price-gouging, and showed that the government, as a major medication buyer, can intervene to lower costs.
(2023-03-28). Government drills down cost of dental implants. ecns.cn The Beijing city government will slash the cost of dental implants by up to 71 percent from April 20, significantly reducing the financial burden on patients.
(2023-03-28). New old financial crisis & China's peace plan. indybay.org Since Silicon Valley Bank, Silvergate Corporation, and Signature Bank all toppled within a week in the U.S., and now First Republic Bank has also run into trouble, there are increasing signs that the next big financial crisis, which was only postponed in 2019 by tons of freshly printed central bank money, could now erupt with force. $9 trillion has been injected into the "U.S. market" since 2019.
(2023-03-28). Fallout from Silicon Valley Bank collapse raises broader concerns over financial system. wsws.org Recognition is growing that the immediate source of major financial problems now coming to the surface is the measures undertaken by the Fed to try to quell previous crises.
(2023-03-27). Morgan Stanley Advisors Scammed 3 NBA Players Out of $77 Million: 5 Things To Know. moguldom.com Former Morgan Stanley financial advisor Darryl Cohen has been arrested and charged for allegedly defrauding current and former NBA players. There are also other ex-Morgan Stanley advisors involved who allegedly scammed the pro athletes. National Basketball Association players Jrue Holiday, Chandler Parsons, and Courtney Lee lost more than $7 million from an investment scam conducted …
(2023-03-27). China's non-financial ODI investment soars. ecns.cn China's non-financial outbound direct investment, or ODI, rose 35.7 percent year-on-year to 136.04 billion yuan during the first two months of 2023, said the Ministry of Commerce on Monday.
(2023-03-27). Getting ready for the global financial crisis 2.0. mronline.org 
We see again that banks have access to the protection of an unlimited nanny state, while others are left to fend for themselves.
(2023-03-27). Scale up of clean energy funding in Southeast Asia needed to meet climate goals. imperial.ac.uk Greater transparency around the financial performance of renewables, strong regulation and risk management are key to boosting clean energy funding.
(2023-03-27). Senior Climate Activists Stop Dirty Banks. indybay.org "We will not go to our graves quietly knowing that the financial institutions in our own communities continue to fund the climate crisis," said longtime environmentalist Bill McKibben.
(2023-03-27). China's non-financial outbound direct investment surges in Jan-Feb. ecns.cn China's non-financial outbound direct investment (ODI) surged 35.7 percent year on year to 136.04 billion yuan in the first two months of the year, official data showed Monday.
(2023-03-27). The Heat: Ibero-American Summit. america.cgtn.com 
Climate change, food security and financial "architecture", the policies connecting banks and other financial institutions. These were key issues discussed at a major summit in the Dominican Republic. Leaders from across Latin America gathered in Santo Domingo for the 28th Ibero-American Summit. Over the weekend, …
(2023-03-28). Major 1-day strike in Germany leaves all public transportation closed. mronline.org 
The ver.di trade union is demanding a 10.5% pay raise as a result of inflation, and requesting higher remuneration for overtime and night shifts, alongside improvements to working conditions.
(2023-03-28). India: Community health workers protest in Bihar. greenleft.org.au Thousands of community health workers — known as ASHAs (Accredited Social Health Activists) — held a huge protest in Patna, in Bihar state, on March 21 calling for higher pay, recognition as workers and access to employment benefits, reports Kerry Smith.
(2023-03-27). Rural employee guarantee scheme workers continue sit-in in India amid government apathy, police repression. peoplesdispatch.org Hundreds of people working under the Indian government's rural employment guarantee scheme are carrying out a 100-day protest in Delhi over unpaid wages, an exclusionary digital payments and attendance system, and budget cuts…
(2023-03-27). Netanyahu To Imminently Suspend Israeli Judicial Overhaul Plan After Protest Chaos, Strikes & Shutdowns. southfront.org 
Click to see full-size image | Originally published on Amid the ongoing huge Israeli protests, which are being widely described as the country's largest in history, embattled Prime Minister Benjamin Netanyahu is expected to imminently announce he's suspending his coalition's judicial overhaul legislation. He also for the first time warned the country against falling into…
(2023-03-27). Report: Trump, Bush Tax Cuts Have Largely Driven National Debt Issues Since 2001. truthout.org Republicans' major tax cuts for corporations and the rich are overwhelmingly the drivers of current issues over the national debt, which the GOP is using as an excuse to force through cuts to welfare and government spending that are not contributing nearly as much to the debt, a new report reveals. Over the past two decades, increases in the U.S.'s debt ratio, or the proportion of the national… |
(2023-03-28). Friday 3/24: Media Event / Luncheon for 11th Annual Pan African Global Trade and Investment Conference. indybay.org Town and Country Grand Ballroom | 1215 J Street | Downtown Sacramento…
(2023-03-27). What Is the Trade, Investment Relationship Between China and Russia?>. infobrics.org Last year, bilateral trade between China and Russia rose by 29.3 per cent, year on year, to US$190.3 billion…
(2023-03-27). Guangdong to cooperate with Saudi Aramco. ecns.cn Guangdong province and Saudi Arabia's Saudi Aramco signed a memorandum of cooperation on Sunday in Beijing, proposing a cooperative framework for exploring investment opportunities in multiple areas.
(2023-03-28). California will respond to the Pan African Congress call for better seed movement. indybay.org Our California Pan African World Food and Ag Pavilion will offer proposed opportunities towards solutions that offer greater access to global seed research and development. 'We need to hear from farmers how we can continuously and sustainably bridge the gap between seed companies and the farming community, now more pronounced mainly by the negative impact of climate change. On our side, we will endeavor to work with the farmers to help increase the resilience and profitability of African farming in the face of climate change and other challenges,'
(2023-03-27). China's industrial profits down 22.9 pct in first 2 months. ecns.cn Profits of China's major industrial firms fell 22.9 percent year on year in the first two months of the year, data from the National Bureau of Statistics (NBS) showed Monday.
(2023-03-28). Regulation to ensure safety at nurseries. ecns.cn China's top health authority has released its first regulation on home nursery care providers as part of its efforts to develop various childcare services to alleviate pressure on parents and lift birthrates.
(2023-03-27). Proposal urges changes to regulations on e-bikes. ecns.cn Differentiated technical standards and supervision should be introduced for electric bicycles used in the food delivery and courier industries.
(2023-03-27). Xi reassures foreign firms on opening-up. ecns.cn China will steadily expand institutional opening-up with regard to rules, regulations, management and standards, and will work with all countries and parties to share opportunities arising from it, President Xi Jinping said on Sunday.
(2023-03-27). "Everyone Wants A Raise When The Minimum Wage Goes Up" levernews.com 
(2023-03-27). Tues. March 28 protest @ 1:30PM — U.S. solidarity with workers of France. iacenter.org Millions of workers throughout France have taken to the streets since Jan. 19 to protest the Macron's government edict to raise the age of retirees to receive their just pensions (aka deferred wages) from 62 to 64. These two years alone result in more workers' stolen wages (aka surplus value) by greedy capitalist bosses and their government puppets like Macron. These heroic workers and their allies, including students, have participated in strikes, mass demonstrations and other militant actions despite growing police repression. No matter how many thousands miles away, these workers remind us that there are no bo…
(2023-03-27). Los Angeles teachers and service workers strike for a decent contract. fightbacknews.org Los Angeles, CA – With chants of, "We are the union, the mighty, mighty union – fighting for justice, respect and fair wages," 30,000 SEIU and UTLA teachers and service workers in Los Angeles went on strike from March 21 to March 23. Los Angeles Unified School District and SEIU's contract expired in 2020, and, after three years of negotiations hitting dead ends, they decided to strike, and they are determined to win better wages, healthcare and staffing. | Even in the cold rain, they were out in full force with strikes at many of the Los Angeles Unified School District (LAUSD) schools. Taking place from 6 a.m. un…
(2023-03-28). General strike and mass protests stagger Israeli regime. wsws.org The political explosion in Israel is another expression of a widening global revolutionary crisis of capitalism.
(2023-03-28). Science Saturday: Understanding the speed of brain communication. newsnetwork.mayoclinic.org It often was thought that the speed of information transmitted among regions of the brain stabilized during early adolescence. A new study in Nature Neuroscience by Mayo Clinic researchers and colleagues from the Netherlands found transmission speeds continue to increase into early adulthood. Because problems such as anxiety, depression and bipolar disorders can emerge in late adolescence and early adulthood, a better understanding of brain development may help clinicians offer therapies to treat these disorders. "A fundamental understanding…
(2023-03-28). China promotes green, low-carbon industries to optimize industrial layout. ecns.cn The rapid development of the Daxing International Hydrogen Energy Demonstration Zone exemplifies China's efforts to promote green and low-carbon industries and optimize the industrial layout.
(2023-03-27). A Highway to Peace or a Highway to Hell? transcend.org The Vast Power of the US Military-Industrial-Congressional Complex – In Apr 1953 Pres. Dwight D. Eisenhower, the five-star general who led the D-Day, gave a powerful speech known as the "Cross of Iron" address. Ike warned of the cost humanity would pay if Cold War competition led to a world dominated by wars and weaponry that couldn't be reined in.
(2023-03-27). Two Decades and $90 Billion US Dollars Later: Dissecting The Afghan Military's Total Collapse. mintpressnews.com 
Kit Klarnberg reveals the industrial-scale corruption which allowed billions of U.S. taxpayer dollars to flow into Afghanistan without supervision and for weaponry and aid to be misused, stolen or illegally sold off by Afghans, U.S. personnel and Pentagon contractors alike.
(2023-03-27). Over $100 Billion Withdrawn From US Banks in a Week Amid Bankruptcies and Closures. orinocotribune.com US authorities continue to affirm that the banking system remains "sound and resilient" despite decreases in deposits, the bankruptcy of Silicon Valley Bank (SVB), the closure of Signature Bank, and the crisis in the First Republic Bank, not to mention the crises in European banking conglomerates Credit Suisse and Deutsche Bank. | Recent data published by the US Federal Reserve reports that between March 8 and 15, during the period surrounding the bankruptcy of Silicon Valley Bank (SVB) and the closure of Signature Bank, US banking customers withdrew $98.4 billion. | The data shows that the largest withdrawals, t…
(2023-03-27). Communist Party of Turkey, Left Party support for Kƒ±lƒ±àßdaroƒülu in presidential election exposes bankruptcy of pseudo-left. wsws.org These parties' support for the Nation Alliance candidate, who is as anti-worker and pro-imperialist as Erdogan, vindicates the Socialist Equality Group's analysis of these pseudo-left forces.
(2023-03-27). John Bush Interview — Don't Just Break Free From The System, Build A New One. thelastamericanvagabond.com Joining me today is John Bush, Founder of the Live Free Academy and co-founder of the Freedom Cells Network, here to discuss the importance of not just breaking free from the control structure, but actually building new systems, networks & economies that don't require the old system at all. (odysee.com/@TLAVagabond: 5) (www.bitchute.com/channel/24yVcta8zEjY/) Bitcoin Donations Are
(2023-03-27). First Citizens Bank to buy Silicon Valley Bank: FDIC. ecns.cn The U.S. Federal Deposit Insurance Corporation (FDIC) has entered a purchase and assumption agreement for all deposits and loans of Silicon Valley Bridge Bank, National Association, by First-Citizens Bank &Trust Company.
(2023-03-27). US workers speak out in support of last week's Los Angeles schools strike, urge rejection of tentative agreement. wsws.org Workers need "social disobedience on a massive scale, like a general strike," one Michigan teacher said. "The important thing is unifying all the different groups of working people and not isolating them like the union bureaucrats tend to do."
(2023-03-28). Video: The European Union, Part of America's Hegemonic Project. globalresearch.ca The EU is a Cold War Construct, a US imperial project formulated by the Washington Consensus. The growing movement against EU domination is an anti-imperial initiative of Worldwide significance. It is also a movement against neoliberalism…
(2023-03-28). Domestic cruise industry heads back out to sea after pandemic. ecns.cn Starting from Shanghai on Sunday, China Merchants-Yidun, the first Chinese-flagged luxury cruise ship, will take passengers on a five-day journey of sightseeing and cultural experiences to Zhoushan.
(2023-03-28). Democratic Socialists of America, in control of both school board and teachers union, keeps teachers on the job without a contract in Los Angeles. wsws.org The concessions heaped upon LA teachers and school workers may as well have been worked out in the local leadership of the DSA's Los Angeles Branch.
(2023-03-27). Ralph Nader: Reckless Capitalist Banks Rescued by Government Socialism—Again! scheerpost.com 
By Ralph Nader Once again, government socialism — ultimately backed by taxpayers — is saving reckless midsized banks and their depositors. Silicon Valley Bank (S.V.B) and Signature Bank in New York greedily mismanaged their risk levels and had to be closed down. The Federal Deposit Insurance Corporation (FDIC), in return, to avoid a bank panic …
(2023-03-27). Saturday 4/1: What are the Prospects for World Peace? indybay.org The Starry Plough Pub | 3101 Shattuck Avenue, Berkeley, CA 94705 | Also accessible online…
(2023-03-27). Argentina commemorates victims of military dictatorship on the 47th anniversary of US-backed coup. peoplesdispatch.org March 24 marked 47 years since the US-backed military coup overthrew the left-wing government of President Isabel Martínez de Perón in Argentina (July 1974-March 1976), and installed the bloodiest dictatorship in the history of the country. The dictatorship period was marked by state terrorism and human rights violations. During the seven years and nine months of military dictatorship (March 1976-December 1983), Argentine security forces, along with right-wing death squads, hunted down and silenced anyone believed to be resisting the military junta, or associated with socialism, left-wing Peronism, the Montoneros…
(2023-03-27). Presidente de Bolivia insta a mantener unidad del partido MAS. telesurtv.net Celebran aniversario 28 de la creación del Movimiento al Socialismo-Instrumento Política por la Soberanía de los Pueblos durante multitudinario acto en Cochabamba.
(2023-03-27). Chicago Democrats promote racialist politics during mayoral election. wsws.org Brandon Johnson's campaign for mayor has almost exclusively employed the language of identity politics, while he and others, including Jeannette Taylor, an alderman who is a member of the Democratic Socialists of America (DSA) have expressed xenophobic attitudes towards immigrants.
(2023-03-27). Australian workers and young people speak out against war and austerity in NSW election. wsws.org Voters in the working-class southwest Sydney electorate of Bankstown told Socialist Equality Party campaigners the state election would do nothing to resolve the escalating social crisis or stop the threat of war.