(2023-03-29). Boao Forum sanguine on Asia prospects. ecns.cn The Asian economy is on track for recovery with strong resilience and vitality despite pressure from weakening global demand and mounting uncertainties, according to a key report issued on Tuesday.
(2023-03-29). "Bootstrapped": Alissa Quart on Liberating Ourselves from the Myth of the American Dream. democracynow.org We speak with journalist Alissa Quart, executive director of the Economic Hardship Reporting Project, about her new book, Bootstrapped: Liberating Ourselves from the American Dream, which examines myths about individualism and self-reliance that underpin the U.S. economy and the inequality it fosters. She says a focus on succeeding through hard work obscures the degree to which many rich and powerful people have benefited from social support, resulting in a cycle of "shame and blame" for those who fall short.
(2023-03-29). China to see mild CPI growth for March. ecns.cn Experts believe China's current inflation is relatively moderate, with the consumer price index in March expected to be around 0.8 percent, Securities Daily reported on Wednesday.
(2023-03-28). Punitive Work Tests in SNAP and Medicaid Would Harm Workers with Unstable Jobs. cepr.net Even near full employment, today's economy does not provide stable, decently compensated jobs for much of the diverse working class. This is one reason why the basic floor of security provided by Medicaid and the Supplemental Nutrition Assistance Program (SNAP) is crucial. These in-kind benefits help ensure that all working-class people, including ones in poorly …
(2023-03-28). The Rise of China and the Decline of the West. libya360.wordpress.com Henry Heller >A view of the CBD in Beijing. [Photo/IC] The focal point of the world's economy is shifting to Asia and Eurasia China's place on the world's stage advances year by year. It is arguably already the world's largest economy. Its Belt and Road Initiative and its other international links like the BRICS have helped to magnify its…
(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 "Ramírez 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…
(2023-03-29). Anti-AUKUS meeting seeks to divert anti-war concern in reactionary nationalist direction. wsws.org The speakers' central criticism of the AUKUS military pact was that it undermines Australia's "national interests"—that is, economic and strategic interests of Australian imperialism, including in the South Pacific and other parts of the region.
(2023-03-28). 'Unfriendly' West Triggers Consolidation Of Russian Elite. southfront.org Click to see the full-size image | The claim that sanctions, the ICC arrest warrant against President Putin, and other unfriendly actions by the West have had no effect on Russian political reality is fundamentally false. | After the collapse of the USSR, the new economic elites of Russia aligned themselves firmly with the West. Flattering themselves that they would be whole-heartedly embraced by the Western global aristocracy, they felt little solidarity with their less-fortunate compatriots, and were happy to enable the…
(2023-03-28). Why the Repeal of Anti-Union Laws in Michigan Boosts Workers Nationwide. independentmediainstitute.org The United Steelworkers (USW) mounted tireless battles for fair trade and other lifelines that helped to keep McLouth Steel open during the 1980s, enabling Jay McMurran and thousands of other Michigan workers to raise families and build pensions amid one of the nation's worst economic crises. Recognizing that other workers need the same kind of …
(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). When the Left Ceased to Be Anti-War in Ukraine. orinocotribune.com By Hasel-Paris àÅlvarez Martín — Mar 21, 2023 | The war in Ukraine is said to have irreversibly transformed the world order, politically and economically. However, what has changed the most is leftist culture. | At the start of the war, the Western consensus was to not send offensive weapons to Ukraine, in order to prevent an escalation of the war. No one wanted to cross the fine line between "helping the Ukrainians defend themselves" and "declaring war on Russia." The Russians could respond by attacking NATO territory, which would in turn start a Third World War, with the chance of acid rain. | A year…
(2023-03-28). Latin America: US Improvises in Confronting the Silk Road. orinocotribune.com By Claudio Katz — Mar 23, 2023 | The United States is losing economic primacy in Latin America in the face of the overwhelming presence of China, unable to find recipes to counterbalance this influence that threatens its traditional domination. | The domination of the United States over Latin America has no equivalent in other parts of the world. In no other area has it maintained such direct control with such sustained interventions. It has always considered the region as a simple extension of its own territory. | Because of this singular gravitation, the retreat of the first power south of the Rio Grande i…
(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.
(2023-03-28). Biggest Lie in World History: There Never Was A Pandemic. The Data Base is Flawed. The Covid Mandates including the Vaccine are Invalid. globalresearch.ca Fake science was supportive of this devastating agenda. The lies were sustained by a massive media disinformation campaign. The historic March 11, 2020 lockdown triggered economic and social chaos Worldwide. It was an act of "economic warfare": a war against humanity.
(2023-03-29). China and BRI countries have more room for cooperation: KPMG head. ecns.cn There is still room for China and the countries along the Belt and Road Initiative (BRI) to further deepen industrial and supply chain cooperation, said Michael Jiang, head of Clients and Markets of KPMG in China in an interview with China News Service during the Boao Forum for Asia Annual Conference 2023.
(2023-03-29). Detroit Remains Mired in Poverty as City Council Approves $800 Million Tax Giveaway to the Rich. globalresearch.ca
(2023-03-29). Hangzhou upgrades social welfare system. ecns.cn The government of Hangzhou, capital of Zhejiang province, has recently upgraded the province's social assistance system to guarantee the livelihoods of people with low incomes.
(2023-03-28). Where are the women CEOs? Should we care?Ôøº. nationofchange.org Women CEOs are becoming slightly less rare at large corporations. But simply replacing men with women at the top of the income scale won't lead to greater equity.
(2023-03-29). 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.
(2023-03-29). Detroit Remains Mired in Poverty as City Council Approves $800 Million Tax Giveaway to the Rich. globalresearch.ca
(2023-03-29). Hangzhou upgrades social welfare system. ecns.cn The government of Hangzhou, capital of Zhejiang province, has recently upgraded the province's social assistance system to guarantee the livelihoods of people with low incomes.
(2023-03-28). Where are the women CEOs? Should we care?Ôøº. nationofchange.org Women CEOs are becoming slightly less rare at large corporations. But simply replacing men with women at the top of the income scale won't lead to greater equity.
(2023-03-29). 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.
(2023-03-29). 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.
(2023-03-29). President Maduro: China is a Non-Imperialist Great Power. orinocotribune.com "China gives strong signals that it can be a great power without being an imperialist power," said the president of Venezuela, Nicolás Maduro, this Monday. The comments were made in the context of the new multipolar geopolitical reality in which the People's Republic of China has emerged as a great power. | "Relations between Greater China and the Homeland of Bolívar have reached their highest level of mutual trust, collaboration, and work, and our relations are at the highest level, at the best level, that relations between Venezuela and China have ever been," President Maduro said. | The head of state said that…
(2023-03-29). Avanzan labores de búsqueda tras alud de tierra en Alausí, Ecuador. telesurtv.net Las autoridades continúan con la alerta amarilla en esa región del Chimborazo.
(2023-03-29). 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…
(2023-03-29). Nueva Zelanda estudia posibilidad de unirse a la alianza AUKUS. cubadebate.cu Nueva Zelanda estudiará una propuesta para unirse parcialmente a la alianza de defensa AUKUS -que integran Estados Unidos, Reino Unido y Australia-, y que incluye un "segundo pilar" por el cual los socios colaboran en el desarrollo de tecnología cuántica, hipersónica, robótica y de inteligencia artificial, así como el intercambio de información sensible.
(2023-03-28). 'Shanghai Sonatas' receives world premiere: Displaced Jews and Chinese under Japanese occupation. peoplesworld.org BEVERLY HILLS — Some day, I don't know how soon, Shanghai Sonatas will be playing in major theaters to enthusiastic audiences around the country. For now, let the record note, the world premiere production (in concert) took place at the Wallis Annenberg Center for the Performing Arts, in collaboration with the University of Delaware Master …
(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). Chipotle Must Pay $240K to Workers After It Closed Unionizing Store in Maine. truthout.org Chipotle must pay nearly a quarter of a million dollars to workers in Maine after labor officials determined that the company illegally closed their store after workers announced their intent to unionize last year. The company will pay out $240,000 in front pay and back pay to 24 workers whose store was closed in July. Front pay is a type of remedy for workers issued when there is no order to… |
(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.
(2023-03-29). Playing with Financial Fire. dissidentvoice.org Capitalism, Marx said, is unceasingly prone to crisis. His observation applies as much to financial capital as to industrial capital, as the recent collapse of Silicon Valley Bank and Signature Bank of New York attest. In their pursuit of profits, banks make loans that borrowers cannot repay or back the loans with assets that lose …
(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.
(2023-03-28). Trends in Dietary Vitamin A Intake Among US Adults by Race and Ethnicity, 2003-2018. jamanetwork.com This study uses data from the 2003-2004 to 2017-2018 National Health and Nutrition Examination Surveys (NHANES) to assess whether a difference exists in dietary vitamin A intake as a marker of consumption of vitamin A—rich foods among Black, Hispanic, and White adults in the US.
(2023-03-29). 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.
(2023-03-29). The banking crisis: Will it push the working class or fascism to rise up? — a WW commentary. workers.org The capitalist ruling class is worried that the banking crisis, which began less than a month ago with the collapse of the Silicon Valley Bank and quickly spread, could ultimately mushroom into a global financial crisis bigger than the crash of 2008. All talk of a "soft landing" has ended. . . . |
(2023-03-28). Fight Global Censorship: Support SouthFront. southfront.org Dear Friends, | We are forced to resort to this appeal due to the unprecedented pressure on SouthFront. | As you may know SouthFront was blocked by all financial platforms/systems that are under the U.S. control. That's why we are forced to use crypto wallets to receive your donations. | Unfortunately, if we fail to draw up the minimum monthly budget, SouthFront will be forced to significantly reduce its broadcasting. | The escalation of new military conflicts and unrest in different world regions threaten our common security. Today, objective information is a valuable resource. We believe that together we are ab…
(2023-03-28). Buying Vs. Renting: Mortgage Payments Exceed Rents By Most Since 2006. moguldom.com The rapidly rising cost of homes and skyrocketing interest rates have made mortgage payments more expensive than rental housing, with the buy-to-rent premium the steepest it has been since 2006 when the housing bubble peaked leading to the Great Financial Crisis. With a 10 percent down payment, the monthly payment on a 30-year fixed-rate mortgage …
(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). Silicon Valley exists to destroy jobs—let it burn. therealnews.com The dramatic fall of Silicon Valley Bank in the span of a single week has sent reverberations throughout the financial system and growing fears of bank failures. SVB over-invested in mortgage loans and treasury bonds to deal with a glut of capital brought on by the COVID-19 pandemic, assuming these assets were secure as long as interest rates stayed low. In the past year, interest rates began to rise, making the assets SVB purchased worse less than what they bought them for. A bank failure could have been avoided, had a panic not spread among tech investors fueled by the likes of Peter Thiel. While almost n…
(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.
(2023-03-28). 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). Strike action by public service employees and transport workers paralyzes Germany. peoplesdispatch.org For over a year, trade unions in Germany have been demanding a fair increase in wages to combat inflation and compensate for the continuous fall in real wages…
(2023-03-28). India: Community health workers protest in Bihar. greenleft.org.au Thousands of community health workers held a huge protest in Patna, in Bihar state, calling for higher pay, recognition as workers and access to employment benefits, reports Kerry Smith.
(2023-03-28). Biden agencies calculate impact of planned GOP budget cuts. peoplesworld.org WASHINGTON—Ducking Democratic President Joe Biden's dare, so far, the U.S. House's ruling Republicans haven't unveiled when and where they want to cut the federal budget—other than two options: A government-wide 22% cut, or roll its spending in fiscal 2024, which starts Oct. 1, back to fiscal 2022 levels. So, in response to that bare-bones statement …
(2023-03-29). 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…
(2023-03-29). ASIC's corporate criminal cop out. greenleft.org.au A parliamentary inquiry into the Australian Securities and Investments Commission has revealed startling evidence about some of its operations. Suzanne James reports.
(2023-03-29). 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,'
(2023-03-29). Republican Tells Lobbyists It's "Hackish" To Blame Bank Failures On Deregulation. levernews.com
(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.
(2023-03-28). Autoimmunity in Down Syndrome Linked to Immune System Dysregulation. jamanetwork.com People with Down syndrome, who tend to have high rates of autoimmune conditions, experience a dysregulation in their adaptive immune response, according to a study published in Nature.
(2023-03-29). "La acuñación de la sangre de los niños en capital" — Superexplotación de los niños inmigrantes. workers.org El horror retratado en un reciente reportaje del New York Times sobre el trabajo infantil de los inmigrantes demuestra la actualidad de lo que escribió Karl Marx hace 156 años. La monumental obra de Marx, "El Capital", fue una tremenda contribución teórica, que describe con meticuloso detalle cómo funciona el . . . |
(2023-03-28). üéß MOVIES VS. CAPITALISM: Judas and the Black Messiah (w/ Ryan Christian). levernews.com
(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). FRSO Spring $130,000 Fund Drive: Contribute to building revolutionary organization! fightbacknews.org Times have changed and change is coming. Capitalism is a failed system. It needs to go, the sooner the better. A revolutionary solution is needed, and for that we need organization. Revolutionary organization – the kind of organization that Freedom Road Socialist Organization is all about building. To do this, we need you to step up and contribute. We have set of goal of raising $130,000 this year. Together we can make this happen. | Freedom Road Socialist Organization has grown rapidly over the past year. And the rate of growth is picking up. Every six to eight weeks, we are developing work in a new city. Our o…
(2023-03-29). 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…
(2023-03-29). Experts: China to stay world's most important manufacturing hub. ecns.cn Global trade dependence on Asia, including China, remains stable, and the country will never lose its status as the world's most important manufacturing hub, despite certain U.S. moves that have been disrupting global industrial and supply chains.
(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.
(2023-03-28). One Day Overview Of Ukrainian Crimes Against Civilians In Donbass (Photos, Video 18+). southfront.org DEAR FRIENDS. IF YOU LIKE THIS TYPE OF CONTENT, SUPPORT SOUTHFRONT WORK : MONERO (XMR): 86yfEHs6pkoDEKCxc6MAnQX8cVHmzhYxMVrNuwKgNmqpWK8dDxjgGnK8PtUNJMACbn6xEGxmRauNTHJhUJpg9Mwz8htBBND BITCOIN (BTC): bc1qgu58lfszcpqu6fd8l98m378wgzugyg9y93lcym BITCOIN CASH (BCH): qr28d80s5juzv2793k5jrq59xrl5fxd8qg9h3zlkk2…
(2023-03-29). Canada relaxes ban on foreign homebuyers. ecns.cn Canada has eased its ban on residential property purchases by foreign buyers three months after the law came into force.
(2023-03-29). Headlines for March 29, 2023. democracynow.org Asylum Seekers in Ciudad Juárez Demand Justice, Humane Treatment, Following Blaze That Killed 38, Nashville School Shooter Had 7 Legally Purchased Firearms, U.N. Nuclear Watchdog Chief Visits Zaporizhzhia in Hopes of Curbing Nuclear Disaster Risk, Russian Man Sentenced to 2 Years After 13-Year-Old Daughter Draws Antiwar Picture, The Guardian's Owners Apologize for Founders' Ties to Slavery, Burmese Military Dissolves Aung San Suu Kyi's Party, Idaho House Passes Bill Criminalizing People Who Help Minors Get Out-of-State Abortions, Judge Orders Mike Pence to Testify Before Grand Jury Investigating…
(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.
(2023-03-29). Parti de l'égalité socialiste intervenes in Paris student meeting to call to bring down Macron. wsws.org The PES proposed to the Paris inter-university coordinating committee to adopt a resolution calling to bring down Macron and build a movement in the working class for a general strike.
(2023-03-28). Laos: Building socialism from scratch after colonialism and imperialist war. peoplesworld.org When it comes to countries in Asia building socialism, places like China and Vietnam may come to mind for many people, but not too many think of Laos. Landlocked between Vietnam, Cambodia, Thailand, Myanmar, and China, this mountainous country sits in the center of Southeast Asia and has lived through French and Japanese colonialism, civil …
(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.
(2023-03-28). Democratic Socialists of America, in control of school board and teachers union, keeps Los Angeles teachers on the job without a contract. 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.
(2023-03-29). Lumumba Returns to Moscow. orinocotribune.com By Oleg Yasinsky — Mar 24, 2023 | Tens of thousands of citizens from all parts of the planet, graduates of the Patrice Lumumba Peoples' Friendship University in Moscow, never knew that, in 1992, during the government of Boris Yeltsin, profoundly anticommunist and pro-Western, the surname of the hero and martyr of the peoples of Africa, Lumumba, was removed from the official name of the university. Everywhere, all over the world, they continued referring to it as "Patrice Lumumba University." In fact, most of the Russian neighbors of the university didn't even know about this change. | This university was ina…