(2023-04-03). US Invites Authoritarian Far-Right Regimes To 'Summit For Democracy'. popularresistance.org The US government organized a conference of its allies which it misleadingly called a "Summit for Democracy", but which actually featured numerous anti-democratic, far-right regimes. | The State Department invited 120 global leaders to participate in the summit on March 29 and 30. They did so virtually, via video calls. | Several of the heads of state who spoke represent governments that even Western officials, corporate media outlets, and mainstream human rights organizations have admitted are authoritarian, including Benjamin Netanyahu of Israel, Andrzej Duda of Poland, and Narendra Modi of India.
(2023-04-02). US Threatened to Invade International Criminal Court. Now it Loves ICC for Targeting Putin. orinocotribune.com
(2023-04-02). China's RMB becomes Brazil's second-largest international reserve currency. ecns.cn The Central Bank of Brazil announced on Friday that the Chinese currency renminbi (RMB), or the yuan, has surpassed the euro to become the country's second-largest international reserve currency.
(2023-04-03). News from the Front of the Economic War. transcend.org 19 Mar 2023 – The US support and escalation of the Ukraine War is central to the politics of the Biden administration and its NEOCON strategists trying to maintain US hegemony. Ukraine is a pawn in the strategy of attacking Russia that is considered the principal enemy of that hegemony along with China.
(2023-04-03). Automakers drive China's export recovery. ecns.cn Made-in-China vehicles are gaining overseas popularity, which is expected to drive exports that serve as a major pillar of the country's economic growth.
(2023-04-03). Experts: China's Q1 GDP to grow at around 4%. ecns.cn China's major economic indicators have continued to improve since the start of the year.
(2023-04-03). Senile Economics: Bubble Ontology and the Pull of Gravity. indybay.org The entire banking system is closing in on folding, which is why it so desperately needs new inflationary liquidity to keep afloat. The Great Reset is our owners' authoritarian attempt to respond to this systemic threat by taking control of the collateral (our lives) and remain in the driving seat. All the rest is perception management.
(2023-04-03). India, China Plan to Trade in Own Currency, Cut US Dollar Dominance. infobrics.org Asian economic giants China and India have launched separate programmes in an attempt to reduce the dominance of the US dollar in international transactions and allow them settle business in their own currencies…
(2023-04-03). Mayor of Saint-Gervais-les-Bains Fires Up Environmentalist Wrath. indybay.org While the mountains in general, and Mont Blanc in particular, are now being forced to rethink their future and their economic activities in a context of accelerated climate change, some municipalities seem to be taking these considerations rather lightly.
(2023-04-03). Brazil & China Sign Trade Deals in Local Currency. orinocotribune.com Brazil's state-owned company for the promotion of exports and investments, ApexBrasil, announced on Wednesday the beginning of the establishment of bilateral trade between China and Brazil in local currencies, directly between the Chinese Yuan and the Brazilian Real, excluding the US dollar as a method of payment. | During the Brazil-China Economic Seminar, held in Beijing, two initial agreements were signed to implement the mechanism. The first agreement establishes that the Brazilian bank BBM, based in the city of Salvador and under the control of the Chinese Bank of Communications (Bocom), enters the China Int…
(2023-04-03). Insights | Malaysia researcher: China's poverty eradication efforts are experiences to be learned. ecns.cn Ei Sun OH, principal advisor of Malaysia's Pacific Research Center, noted that China's poverty eradication efforts over the last few years have become very successful, and are lessons to be learned. In addition, he thinks China is indispensable in regional and global economic revitalization.
(2023-04-03). Mexico's AMLO Calls Out US 'Oligarchy' at Biden's Democracy Summit. scheerpost.com Mexico's leftist President Andrés Manuel López Obrador used the US government's "Summit for Democracy" to indirectly call out Washington's hypocrisy: "The oligarchy reigns with the faàßade of democracy", he said, calling for "greater equality" and "separation of economic and political power."
(2023-04-03). Senile Economics: Bubble Ontology and the Pull of Gravity. indybay.org The entire banking system is closing in on folding, which is why it so desperately needs new inflationary liquidity to keep afloat. The Great Reset is our owners' authoritarian attempt to respond to this systemic threat by taking control of the collateral (our lives) and remain in the driving seat. All the rest is perception management.
(2023-04-03). India, China Plan to Trade in Own Currency, Cut US Dollar Dominance. infobrics.org Asian economic giants China and India have launched separate programmes in an attempt to reduce the dominance of the US dollar in international transactions and allow them settle business in their own currencies…
(2023-04-03). Mayor of Saint-Gervais-les-Bains Fires Up Environmentalist Wrath. indybay.org While the mountains in general, and Mont Blanc in particular, are now being forced to rethink their future and their economic activities in a context of accelerated climate change, some municipalities seem to be taking these considerations rather lightly.
(2023-04-03). Brazil & China Sign Trade Deals in Local Currency. orinocotribune.com Brazil's state-owned company for the promotion of exports and investments, ApexBrasil, announced on Wednesday the beginning of the establishment of bilateral trade between China and Brazil in local currencies, directly between the Chinese Yuan and the Brazilian Real, excluding the US dollar as a method of payment. | During the Brazil-China Economic Seminar, held in Beijing, two initial agreements were signed to implement the mechanism. The first agreement establishes that the Brazilian bank BBM, based in the city of Salvador and under the control of the Chinese Bank of Communications (Bocom), enters the China Int…
(2023-04-03). Insights | Malaysia researcher: China's poverty eradication efforts are experiences to be learned. ecns.cn Ei Sun OH, principal advisor of Malaysia's Pacific Research Center, noted that China's poverty eradication efforts over the last few years have become very successful, and are lessons to be learned. In addition, he thinks China is indispensable in regional and global economic revitalization.
(2023-04-03). Mexico's AMLO Calls Out US 'Oligarchy' at Biden's Democracy Summit. scheerpost.com Mexico's leftist President Andrés Manuel López Obrador used the US government's "Summit for Democracy" to indirectly call out Washington's hypocrisy: "The oligarchy reigns with the faàßade of democracy", he said, calling for "greater equality" and "separation of economic and political power."
(2023-04-02). China's Historical Destiny Is to Stand With the Third World. scheerpost.com By Vijay Prashad / Tricontinental: Institute for Social Research On 20 March 2023, China's President Xi Jinping and Russia's President Vladimir Putin spent over four hours in private conversation. According to official statements after the meeting, the two leaders talked about the increasing economic and strategic partnership between China and Russia — including building the Power of …
(2023-04-02). World Economic Forum's "Young Global Leaders" Revealed. globalresearch.ca For several decades, this program has nurtured compliant leaders acting as WEF agents in governments around the world. The consequences are far-reaching and may turn out to be devastating for humanity.
(2023-04-02). Video: The Covid Lockdown is an Act of Economic Warfare against Humanity: Dr. Reiner Fuellmich Interviews Prof. Michel Chossudovsky. globalresearch.ca
(2023-04-03). A common misconception about capitalism. mronline.org THERE is a commonly-held view that while capitalism in its early stages brings about unemployment and hence an accentuation of poverty, this initial damage is subsequently reversed as it keeps growing…
(2023-04-03). Dana paid shareholders $57 million last year, but where is our "profit sharing"? wsws.org Dana workers across the US noticed as March 31, the date by which Appendix P of the contract says Dana must pay "profit sharing," passed without workers receiving much needed income. We, the rank-and-file, are demanding answers as to why we did not get paid.
(2023-04-02). Have Workers Gotten Back Their Share of Income? cepr.net I was surprised to see a Twitter thread last week from Jason Furman in which he said that the labor share of national income in 2022 was actually above its pre-pandemic level. I have been following this issue closely and the labor share of corporate income was still down by more than a percentage point …
(2023-04-02). Venezuelans face challenges of buying homes. america.cgtn.com Homeownership is a distant dream for many Venezuelans. Even though the Venezuelan government builds homes for low-income families, not everyone is lucky enough to be selected to live in one. Mortgages and housing loans are scarce in the country, while the number of private …
(2023-04-03). The first signs of an ecological class struggle in Germany. mronline.org After years of rapprochement, Germany's climate and labour movement are jointly going on strike to demand socio-ecological public infrastructure.
(2023-04-03). UK: Corbyn barred from standing again as a Labour MP. wsws.org The rout of the Corbynite left is clear to everyone. The question now is what conclusions should be drawn by workers and young people.
(2023-04-03). Milwaukee's Public Safety and Health Commission passes anti-closure resolution as pressure mounts on Ascension. fightbacknews.org Milwaukee, WI – On Friday, March 31, the Common Council's Public Safety and Health Commission unanimously passed a resolution urging Ascension Wisconsin to reconsider the closure of the Labor and Delivery (L&D) unit at St. Francis Hospital. The St. Francis L&D was the only department of its kind within a roughly 10 mile radius. The hospital serves a predominantly Latino and immigrant community on Milwaukee's Southside, including many Spanish- and Rohingya-only speakers. The resolution also calls on Ascension Wisconsin to establish a one-year moratorium on any downsizing or service reductions at Milwaukee hea…
(2023-04-03). $41 million federal grant to help Mayo Clinic, collaborators advance multiethnic Alzheimer's research. newsnetwork.mayoclinic.org JACKSONVILLE, Fla. — Alzheimer's disease affects people of all ethnic groups. Armed with $41 million in new federal funding, Mayo Clinic researchers and colleagues from 13 other institutions around the country are pursuing three multiethnic projects to identify targets for treatment. Alzheimer's disease robs victims of their memories and families of quality time with their loved ones. Deaths from Alzheimer's more than doubled from 2000 to 2019, and the number of people living with the…
(2023-04-03). Australian by-election defeat highlights Liberal Party crisis. wsws.org The Liberal disaster in the seat of Aston increases the reliance of the capitalist class on the Labor Party, which is currently in office across the country, except for the small island state of Tasmania.
(2023-04-03). Australia: Labor minority confirmed in NSW election as new premier rejects calls for pay increases. wsws.org An unstable minority Labor government in NSW is tasked by the ruling class with imposing major cuts to social spending and wages amid the deepest cost-of-living crisis in decades.
(2023-04-03). Undergraduate unions sweeping the U.S. liberationnews.org Across the country, undergraduate student workers are unionizing and taking action to demand better pay and working conditions. On March 15, residential advisors (RAs) at the University of Pennsylvania announced supermajority support for their new union, becoming the 18th undergraduate union effort in the U.S. Young workers at Boston University, Dartmouth, RPI, Wesleyan, Harvard, Tufts, Fordham, and many other campuses have rallied for recognition, won landslide elections, and successfully negotiated first contracts. What explains this uptick in undergraduate labor organizing?>
(2023-04-02). Pajaro Farmworkers, Class, Climate & Justice With Pamela Sexton & Elon Ortez. indybay.org Thousands of farmworkers and their families are fighting for survival after a flood and dangerous health and safety conditions.
(2023-04-02). Dan alta hospitalaria al papa Francisco tras infección respiratoria. telesurtv.net Francisco al ser dado de alta del Hospital Universitario A. Gemelli saludó al Director General del Policlínico, Marco Elefanti, y al personal médico y de apoyo que le colaboró en estos días.
(2023-04-02). India y Cuba exploran oportunidades de colaboración en la transformación digital y el desarrollo de las tecnologías 5G y 6G. cubadebate.cu Representantes de India y Cuba evaluaron la cooperación en la capacitación y entrenamiento para el despliegue de infraestructura en zonas rurales, así como proyectos de ciencia e innovación para desarrollar las tecnologías 5G y 6G. Dichos temas serán incluidos en el acuerdo de colaboración que ambos países proyectan suscribir, aseveró la viceministra Grisel Reyes a Prensa Latina.
(2023-04-03). Netflix airs docudrama on the rise and fall of Bernie Madoff: Part two. wsws.org That major financial players ignored the flashing warning lights and continued to invest with Madoff points to the social psychology of a ruling class so manic in its pursuit of ever-greater personal wealth that it has become blinded by its own greed. More, however, is involved in this sociopathic outlook than subjective personality traits.
(2023-04-02). Bangladeshi journalist arrested for reporting on rising food prices. peoplesdispatch.org Samsuzzaman Shams, a reporter with leading daily Prothom Alo was arrested under the controversial Digital Security Act , after police officials raided his house in the dead of night…
(2023-04-02). EU wants member states to extend reduced gas consumption target. strategic-culture.org The European Commission intends to propose to EU Member States to renew their successful gas reduction target, adopted last year in the face of the shock of the war in Ukraine, for the coming winter. | By The Brussels Times with Belga | In an effort to cushion the fall in Russian supplies and reduce their dependence on imported hydrocarbons, the EU-27 agreed last July to reduce their gas demand over the period August 2022-March 2023 by 15% compared to the average over the past five years. | This "voluntary" target has been largely surpassed, thanks to mild weather and high tariffs that have prompted households an…
(2023-04-03). Banking crisis in Switzerland: Socialise the financial sector! greenleft.org.au The recent takeover of Credit Suisse by UBS, with the Swiss state stepping in to cover losses, highlights the need for a broad social movement to demand the socialisation of the financial sector, says Switzerland's Movement for Socialism (BFS/MPS).
(2023-04-03). Surprise oil production cut in response to recession concerns. wsws.org The announcement was unusual in that it took place outside of a formal meeting of the oil-producing countries, "suggesting an element of urgency by the members taking part in the cuts," according to the Financial Times.
(2023-04-02). History: The Federal Reserve Cartel: Freemasons and The House of Rothschild. globalresearch.ca Outstanding historical analysis of relevance to an understanding of the so-called "Deep State" and today's global financial establishment. | First published on June 8, 2011 | *** | In 1789 Alexander Hamilton became the first Treasury Secretary of the United States. Hamilton was …
(2023-04-02). Amid New Banking Crisis, It's Time to Change the Rules of the Game. truthout.org On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: The deposit base of the financial system has not actually been nationalized, but Congress is considering modifications to the FDIC insurance limit. Meanwhile, one state that does not face those problems is North Dakota… |
(2023-04-02). Former PDVSA Executives Aryenis Torrealba and Alfredo Chirinos Declared Not Guilty of All Charges, Granted Full Freedom. orinocotribune.com Two former executives of Petróleos de Venezuela (PDVSA), Aryenis Torrealba and Alfredo Chirinos, have been declared not guilty of all charges against them and the house arrest order against them has been lifted. | In February 2021, the two PDVSA executives were sentenced to five years in prison, for the crime of "disclosure, reservation or supply of information," after they had reported about financial crimes in PDVSA that were very similar to those unveiled recently, although those complaints involved some other top executives. The Venezuelan judiciary finally granted Torrealba and Chirinos full freedom, somethi…
(2023-04-02). Former PDVSA Executives Aryenis Torrealba and Alfredo Chirinos Granted Full Freedom. orinocotribune.com Two former executives of Petróleos de Venezuela (PDVSA), Aryenis Torrealba and Alfredo Chirinos, have been granted full freedom and the house arrest order against them has been lifted. | In February 2021, the two PDVSA executives were sentenced to five years in prison, for the crime of "disclosure, reservation or supply of information," after they had reported about financial crimes in PDVSA that were very similar to those unveiled recently, although those complaints involved some other top executives. The Venezuelan judiciary finally granted Torrealba and Chirinos full freedom, something for which the Chavista m…
(2023-04-03). Inflation, Ukraine and China. indybay.org What impresses me is China's diplomatic engagement. And I say that also in terms of their role in restoring diplomatic relations between Iran and Saudi Arabia. Our diplomacy, American diplomacy, seems to me reactive, unimaginative, and ineffective. | Chinese diplomacy, on the other hand, seems to me to be more imaginative and potentially more effective. (Andrew Bacevich)…
(2023-04-02). Former Arkansas Governor Asa Hutchinson Announces 2024 White House Bid. truthout.org Former Arkansas Gov. Asa Hutchinson announced Sunday that he will run for the 2024 Republican presidential nomination, casting himself as a "different" kind of Republican than Donald Trump and his most fervent GOP allies. But Hutchinson's record as governor of Arkansas — a post he held from 2015 to 2023 — indicates that his policy positions on abortion rights, immigration, federal spending… |
(2023-04-03). Tuesday 4/25: 11th Annual Pan African Global Trade and Investment Conference – Media Event and Luncheon. indybay.org International Peace Rose Garden | California State Capitol…
(2023-04-03). Nine dead, 44 still missing in mine collapse in China. wsws.org The disaster tragically exposes the brutal working conditions faced by miners in China in the reckless drive for profits ahead of lives and safety.
(2023-04-03). Against Trotskyism: Trotskyism and the national question. fightbacknews.org By now it should come as no surprise that Trotskyism, with its ultra-left emphasis on "pure proletarian revolution" originating in Trotsky's theory of "permanent revolution," that Trotskyism's errors extend to the national question. | But, before we can get into Trotsky's view on the subject, what is the national question? When Marxists talk about the "national question" we're talking about the analysis of the problems posed to the revolutionary movement by the materialist process by which nations form and develop, and the role that plays in revolutionary change. Practically, we're talking about how the proletar…
(2023-04-03). Dollar Sign as Questionable Map of Capitalism? transcend.org Exploring the Malleability of a Fundamental Symbol for Society…
(2023-04-03). 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…
(2023-04-02). Xi stresses advancing study, implementation of Thought on Socialism with Chinese Characteristics for a New Era. ecns.cn Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, on Thursday stressed further advancing the study and implementation of the Thought on Socialism with Chinese Characteristics for a New Era.
(2023-04-02). Senior Chinese diplomat meets president of National Committee on U.S.-China Relations. ecns.cn Wang Yi, director of the Office of the Foreign Affairs Commission of the Communist Party of China (CPC) Central Committee, met with Stephen Orlins, president of the National Committee on U.S.-China Relations in Beijing on Friday.