(2023-04-17). Thanks to China and Brazil, U.S. dollar's power over world economy weakens. peoplesworld.org The United States proclaimed the Monroe Doctrine 200 years ago and ever since has arranged Latin American and Caribbean affairs to its advantage. Nevertheless, struggles for national and regional independence did continue, and the poor and marginalized classes did resist. Eventually there would be indigenous movements, labor mobilizations, and progressive and socialist-inclined governments. Cuba's revolutionary …
(2023-04-17). The IMF Has Just Unveiled a New Global Currency Known as the "Universal Monetary Unit" That Is Supposed to Revolutionize the World Economy. transcend.org 13 Apr 2023 – A new global currency just launched, but 99 percent of the global population has no idea. The "Universal Monetary Unit", also known as "Unicoin", is an "international central bank digital currency" that has been designed to work in conjunction with all existing national currencies.
(2023-04-17). Report: Salaries for new recruits rise, but slower. ecns.cn The average monthly salary for new recruits in 38 major cities including Beijing and Shanghai saw a slight rise in the first quarter of this year as employers remain cautious about labor costs due to the current status of the economy.
(2023-04-17). Stronger-than-expected economic indicators portend robust recovery momentum. ecns.cn Recently released indicators show that China's economy continues to maintain momentum in stabilization and recovery during the first quarter, with some sectors performing better than expected despite the lackluster global economic growth outlook.
(2023-04-17). Why the US Bank Crisis is Not Over. indybay.org There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down… the magnitude of financial claims on the economy exceeds the ability to pay.
(2023-04-16). Brics Bank De-Dollarizing, New Chief Dilma Rousseff Says. popularresistance.org The new president of the BRICS Bank has revealed that the Global South-led bloc is advancing toward de-dollarization, gradually moving away from use of the US dollar. | The New Development Bank plans to give nearly one-third (30%) of its loans in the local currencies of the financial institution's members. | Dilma Rousseff, the left-wing former president of Brazil, took over the leadership of the Shanghai, China-based New Development Bank (NDB) this March. The NDB was created in 2014, by the BRICS bloc of Brazil, Russia, India, China, and South Africa, as a Global South-oriented alternative to the US-dominated Wo…
(2023-04-17). Thanks to China and Brazil, U.S. dollar's power over world economy weakens. peoplesworld.org The United States proclaimed the Monroe Doctrine 200 years ago and ever since has arranged Latin American and Caribbean affairs to its advantage. Nevertheless, struggles for national and regional independence did continue, and the poor and marginalized classes did resist. Eventually there would be indigenous movements, labor mobilizations, and progressive and socialist-inclined governments. Cuba's revolutionary …
(2023-04-17). The IMF Has Just Unveiled a New Global Currency Known as the "Universal Monetary Unit" That Is Supposed to Revolutionize the World Economy. transcend.org 13 Apr 2023 – A new global currency just launched, but 99 percent of the global population has no idea. The "Universal Monetary Unit", also known as "Unicoin", is an "international central bank digital currency" that has been designed to work in conjunction with all existing national currencies.
(2023-04-17). Report: Salaries for new recruits rise, but slower. ecns.cn The average monthly salary for new recruits in 38 major cities including Beijing and Shanghai saw a slight rise in the first quarter of this year as employers remain cautious about labor costs due to the current status of the economy.
(2023-04-17). Stronger-than-expected economic indicators portend robust recovery momentum. ecns.cn Recently released indicators show that China's economy continues to maintain momentum in stabilization and recovery during the first quarter, with some sectors performing better than expected despite the lackluster global economic growth outlook.
(2023-04-17). Why the US Bank Crisis is Not Over. indybay.org There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down… the magnitude of financial claims on the economy exceeds the ability to pay.
(2023-04-16). Brics Bank De-Dollarizing, New Chief Dilma Rousseff Says. popularresistance.org The new president of the BRICS Bank has revealed that the Global South-led bloc is advancing toward de-dollarization, gradually moving away from use of the US dollar. | The New Development Bank plans to give nearly one-third (30%) of its loans in the local currencies of the financial institution's members. | Dilma Rousseff, the left-wing former president of Brazil, took over the leadership of the Shanghai, China-based New Development Bank (NDB) this March. The NDB was created in 2014, by the BRICS bloc of Brazil, Russia, India, China, and South Africa, as a Global South-oriented alternative to the US-dominated Wo…
(2023-04-16). Peru's coup-plotting congress has 6% approval, 91% disapproval (but full US backing). geopoliticaleconomy.com A polling firm found that Peru's coup-plotting, right-wing-controlled congress has 6% approval and 91% disapproval. Unelected leader Dina Boluarte has 15% approval and 78% disapproval. But they have the full support of the US, Canada, and foreign mining corporations.
(2023-04-16). China 'highly concerned' about Japan's chip policy, urges Tokyo to follow WTO rules. ecns.cn China is "highly concerned" about Japan's plan to put export controls on some 23 types of semiconductor manufacturing equipment.
(2023-04-16). IMF: China's rebound can help a slumping global economy. ecns.cn The International Monetary Fund (IMF) Managing Director Kristalina Georgieva told a news conference at the IMF and World Bank spring meetings that China this year would contribute about one-third of global growth on Thursday local time.
(2023-04-16). In The Philippines, Repression And US Trade Policy Go Hand-In-hand. popularresistance.org For call center workers in the Philippines, attempts to unionize the workplace don't just entail confrontations with local management—but overseas US-based multinationals and the US federal government's foreign policy agenda as well. Since 2022, the Biden administration has promoted a new economic initiative known as the Indo-Pacific Economic Framework for Prosperity (IPEF). Touted as a vehicle for "writing the new rules of the 21st century economy," the IPEF links 14 nations across the Pacific Rim into an emergent bloc that has been compared to the defunct Trans-Pacific Partnership. Like the TPP before it,…
(2023-04-16). (W.E. Talk) Shi Shiwei: How can China-Germany cooperation in economy and trade be mutually beneficial? ecns.cn At a time of changing political and economic situationsworldwide, what signal and meaning does the visit of Scholz convey? Which constructive attitude should both sides adopt to promote cooperation in the economy and trade and bring more benefits to people in the two countries? Shi Shiwei, visiting professor at the Free University of Berlin and researcher at the China-EU Economic Cooperation Research Center,recently gave an exclusive interview to the column W.E. Talk of China News Service to offer his opinions on this issue.
(2023-04-17). Wider opening-up to stabilize foreign trade, investment. ecns.cn China is expected to promote the high-quality development of foreign trade through expanding high-level opening-up and strengthening international economic and trade cooperation.
(2023-04-17). Russian Chamber of Commerce and Industry Opens Office in Delhi to Enhance Trade. infobrics.org The Russian Chamber of Commerce and Industry opened its office in New Delhi with an intention to enhance trade and economic cooperation, according to the official statement…
(2023-04-17). Australian "foreign interference" arrest of businessman linked to China. wsws.org This arrest—with video footage splashed all over the media—occurred amid escalating moves by the Biden administration, backed by the Australian Labor government, to militarily and economically confront China.
(2023-04-16). Properly addressing debt issue matters to global economic recovery: FM spokesperson. ecns.cn Properly addressing debt issue matters to global economic recovery and financial stability, Chinese Foreign Minister spokesperson Wang Wenbin said at a news briefing on Friday.
(2023-04-16). A Multipolar World: Between Pride and Shame. libya360.wordpress.com Stephen Sefton We often focus more than anything else on the concrete and material aspects of political, economic and social life, giving less importance to the spiritual and affective aspects of living. However, these aspects in the lives of peoples and societies can have a decisive impact on the development of world events and international…
(2023-04-16). The Impossibility Of Actual Politics. popularresistance.org Twelve years have passed since the Arab Spring, and both Egypt and Tunisia are facing a stark economic crisis. Both are currently under the mercy of extremely unfavorable structural adjustment programs imposed by the International Monetary Fund, relying heavily on food imports, mired in debt, and facing historical inflation rates with unprecedented hikes in food prices. This dire economic situation is made all the worse by a relentless escalation of authoritarian measures in both countries. The prevailing atmosphere indicates that the counterrevolution has prevailed and that avenues of emancipatory possibility ha…
(2023-04-16). Kenya's civil servants threaten strike over wage delay as economic crisis deepens. wsws.org Last Friday, health workers of eight unions declared a strike in 12 of Kenya's 47 counties starting this Wednesday. They would join doctors and nurses in Nandi County already on strike over three months' salary arrears.
(2023-04-17). Congressional Republican leaders defend union-busters. peoplesworld.org WASHINGTON—Maybe it shouldn't be any great surprise, but the two top congressional Republicans dealing with labor legislation are defending union-busters. No, we're not kidding. Union-busters attracted positive attention from House Education and the Workforce Committee Chair Virginia Foxx, R-N.C.—who once told Carolina media she doubted unions should legally exist—and Sen. William Cassidy, R-La., top Republican …
(2023-04-17). Enslavement of African migrants 'big business' in Libya thanks to EU funding — UN. thegrayzone.com An investigation by the United Nations has concluded that money provided by the European Union to state entities in Libya has facilitated an array of crimes against humanity ranging from forced labor and sexual slavery to torture. Through its financial support of the Libyan Coast Guard and the Libyan Directorate for Combating Illegal Migration (DCIM), the European Union has aided and abetted crimes against humanity, according to a recent UN report. On March 27, 2023, the United Nations released the …
(2023-04-17). Shenzhen forum attracts overseas professionals. ecns.cn More than 7,600 middle- to high-end jobs were on offer at the 21st Conference on International Exchange of Professionals held in Shenzhen, Guangdong province over the weekend, an event that also emphasized scientific exchange and international collaboration.
(2023-04-17). Entregan Réplica del Machete Mambí del Generalísimo Máximo Gómez a intelectuales y artistas cubanos. cubadebate.cu Este domingo fue entregada la Réplica del Machete Mambí del Generalísimo Máximo Gómez a un grupo de escritores, artistas, periodistas e instituciones culturales e informativas, ejemplos del quehacer intelectual cubano. En la ceremonia militar, en la que recibieron el galardón cinco instituciones y 12 personalidades de la cultura, en reconocimiento a su labor profesional.
(2023-04-17). Protest in Taiwan Against Tsai's Meeting With US Congressman McCarthy. orinocotribune.com More than 50 political parties in the island of Taiwan staged a protest outside Taoyuan Airport in Taipei on Friday against regional leader Tsai Ing-wen's meeting with US House Speaker Kevin McCarthy. | The Friday activity, themed "Anti-Taiwan independence, anti-interference" started around 7: 30 pm and lasted for more than an hour. More than 200 people from over 50 political parties — including the Labor Party of Taiwan, the Reunification Alliance Party, the Chinese Unification Promotion Party, and the New Party — gathered outside the airport, calling for reunification and waving banners with slogans su…
(2023-04-17). Wednesday 5/3: On World Press Freedom Day: A Day Of Action To Free Assange/ Mumia & Against Censorship. indybay.org KQED Television | 2601 Mariposa St. | San Francisco…
(2023-04-17). Will Lehman responds to Department of Labor decision denying access to former UAW President Ray Curry's election protest. wsws.org On Saturday, rank-and-file candidate for UAW president Will Lehman wrote to Thomas Murray, Detroit-Milwaukee District Director of the Department of Labor's Office for Labor-Management Standards, objecting to the withholding of Curry's election protest.
(2023-04-16). Bus cancellations spark new calls to end privatisation. greenleft.org.au In opposition, NSW Labor campaigned against bus privatisation. But, the new minister now says "the options available are limited". Jim McIlroy reports.
(2023-04-16). University of California Workers Center Disability Justice in Union Organizing. truthout.org As President Joe Biden moves to end the public health emergency with insufficient public objection, it may appear that U.S. residents also are no longer concerned about the pandemic, nor about the lives of 4 in 10 people who are high-risk for adverse impacts, disablement or death from COVID. Our labor organizing experience at the University of California (UC) indicates otherwise: People will take… |
(2023-04-16). Robot Police Dogs + Fake Crime Waves. dissidentvoice.org NYPD Adds 'Spot,' the Robot Dog, to Force NYPD Commissioner Keechant Sewell assured the public "that the use of this technology will be transparent, consistent, and always done in collaboration with the people who we serve." [emphasis added] Whole Foods closes San Francisco flagship store after one year, citing worker safety "Incidents of theft in …
(2023-04-16). Presidente chileno promulga jornada laboral de 40 horas. telesurtv.net El mandatario chileno confesó que la comunidad política a la que pertenece intentó durante mucho tiempo llevar adelante esta iniciativa.
(2023-04-16). AFT and U-M partner to increase profits at Michigan Medicine and suppress workers' opposition. wsws.org Behind the university's endorsement of the formation of an AFT-affiliated union of diagnostic technicians at Michigan Medicine stands the collaboration of the official labor organizations with the corporate and financial interests that are profiting from increasingly intolerable conditions for health care workers and working class patients.
(2023-04-17). Oxfam shows US billionaires almost a third richer today than when covid hit. nationofchange.org "At a time when the ultrawealthy are amassing historic and dangerous levels of wealth, a federal wealth tax offers a vital and necessary tool for directly redressing extreme wealth inequality."
(2023-04-17). China announces tax exemption for imported exhibits at Canton Fair. ecns.cn Imported exhibits within the duty-free quota sold during the Canton Fair 2023 will be exempt from import duty, import value-added tax, and consumption tax, according to Chinese authorities on Saturday.
(2023-04-17). Ukraine a 'Non-Existent Country' Financially — Orban. transcend.org 14 Apr 2023 – The conflict will end as soon as the West stops giving money to Kiev, the Hungarian PM has insisted.
(2023-04-17). Fiscal Insanity: The Government Borrows $6 Billion a Day, and We're Stuck with the Bill. dissidentvoice.org We're not living the American dream. We're living a financial nightmare. The U.S. government is funding its existence with a credit card. The government—and that includes the current administration—is spending money it doesn't have on programs it can't afford, and "we the taxpayers" are the ones being forced to foot the bill for the government's …
(2023-04-17). Blow up the banking system! A free account for all is possible. indybay.org Harsh austerity policies for the vast majority of people and state socialism for bankers, both practiced at the same time in Europe and the U.S. after 2008 – this had two consequences, as they have characterized the financialized capitalism of the past 14 years. First, this course poisoned the West's money.
(2023-04-17). Food or Medicine? Inflation Squeezing Retirees in Argentina. latinorebels.com Monthly inflation was 7.7 percent in March, up from 6.5 percent in the same month in 2022. Analysts project annual inflation will come in at 110 percent in 2023, one of the highest rates in the world.
(2023-04-16). China's State Council discusses improvement on employment support policies. ecns.cn China's State Council has discussed ways to improve the policies and measures to help stabilize employment, according to a State Council executive meeting chaired by Premier Li Qiang on Friday.
(2023-04-17). Shandong city seeks to capitalize on barbecue fame. ecns.cn Zibo city in Shandong province has unexpectedly gone viral on Chinese social media since late February for its local barbecue specialty, and continues to trend as the local government takes the opportunity to spur tourism and spending.
(2023-04-17). Minnesotans protest war spending on Tax Day. fightbacknews.org Minneapolis, MN – On April 15, 70 protesters gathered in the cold spring rain to protest the U.S. federal government's use of their tax dollars to fund war instead of programs that would benefit people like education, environmental protection and healthcare. The protest was initiated by the MN Peace Action Coalition. | Sarah Martin, a longtime member of Women Against Military Madness, was one of the protest emcees and started off the protest explaining the sizable Pentagon budget, "It is very important that we're here to send an anti-war message on Tax Day. This past year the Pentagon and the U.S. military spent…
(2023-04-16). Spurring an Endless Arms Race. tomdispatch.com Why is the Pentagon budget so high? On March 13th, the Biden administration unveiled its $842 billion military budget request for 2024, the largest ask (in today's dollars) since the peaks of the Afghan and Iraq wars. And mind you, that's before the hawks in Congress get their hands on it. Last year, they added $35 billion to the administration's request and, this year, their add-on is likely to prove at least that big. Given that American forces aren't even officially at war right now (if you don't count those engaged in counter-terror operations in Africa and elsewhere), what explains so much military spending?
(2023-04-16). Unions betray 9,000 Rutgers academic workers by suspending strike without a tentative agreement. wsws.org Rank-and-file workers at Rutgers must organize immediately to prepare a struggle against the sellout of the strike, break through the isolation imposed by the union leadership, and reach out to other workers across state and national lines.
(2023-04-16). Billionaire Space Flight Isn't About Colonization. It's Stoking a New Cold War. truthout.org The world has thoroughly entered the second space race, and the military applications of emerging spaceflight technologies may be central to global conflicts in the near future. Exiting a lull in recent decades in global space investment, China has recently completed the world's second operational space station — prompting an alarmist US response. National Aeronautics and Space Administration… |
(2023-04-16). Biden's New Title IX Proposal Is A Move To Whip Votes, Not Protect Trans Kids. popularresistance.org On April 6, the Biden administration proposed changes to Title IX regulations concerning trans youth participating in sports. The regulation change would prohibit any schools or universities that receive public funding from passing "blanket bans" — bans that prohibit all trans youth from participating in any sport at all — but would make it acceptable for schools to ban transgender students from sporting activities on a sport-by-sport basis. While Democrats are touting this as a win for transgender rights, this is simply another example of the so-called "progressive" party proposing moves to make them…
(2023-04-17). Imagining A World Beyond Capitalism, with David Cobb. mintpressnews.com In this hour-long interview, former Green Party presidential candidate David Cobb discusses radical politics, community organizing, sustainable development, climate change, racial justice, the protests in France, indigenous sovereignty, and building power to confront the ruling class.
(2023-04-16). Ecosocialist bookshelf April 2023. greenleft.org.au Climate and Capitalism editor Ian Angus presents a selection of new books for people who want to protect the world and transform society.
(2023-04-16). Ecosocialist Bookshelf, April 2023. greenleft.org.au Climate and Capitalism editor Ian Angus presents a selection of new books for people who want to protect the world and transform society.
(2023-04-17). Optimism boosted by commercial recovery. ecns.cn China's commercial real estate market will see a recovery in 2023, with the logistics and industrial sectors being bright spots, according to Anthony Couse, CEO of JLL Asia Pacific, an international real estate services provider.
(2023-04-17). Chemical fire in Brunswick, Georgia forces residents to evacuate. wsws.org This is the second industrial fire in one week in the United States that forced the evacuation of local homes.
(2023-04-17). How the Sri Lankan working class must fight IMF austerity and defend democratic rights. wsws.org Sri Lankan unions have refused to call any industrial action to fight IMF austerity and President Wickremsinghe's repressive Anti-Terrorism Bill.
(2023-04-16). Canciller francés llama al diálogo para solucionar la crisis ucraniana. cubadebate.cu En una entrevista exclusiva concedida a NHK en vísperas de la reunión de los cancilleres del G7, que se celebra en Japón este domingo, la canciller francesa resaltó el papel internacional, incluido este foro de los países más industrializados, en la búsqueda de una solución al conflicto.
(2023-04-16). Alemania desconectó sus tres últimos reactores en actividad: Dice adiós a la energía nuclear. cubadebate.cu Alemania desconectó sus tres últimos reactores en actividad, y dijo adiós a la energía nuclear a 62 años de la entrada en funcionamiento en el país de su primera electronuclear. Mientras tanto, otros países industrializados y no pocos de los llamados en vías de desarrollo anunciaron inversiones para comenzar a utilizar ese tipo de energía.
(2023-04-17). Undisclosed: Billionaire Harlan Crow bought House from Clarence Thomas where Justice's Mother Lives. juancole.com By Justin Elliott, Joshua Kaplan and Alex Mierjeski ( ProPublica ) — In 2014, one of Texas billionaire Harlan Crow's companies purchased a string of properties on a quiet residential street in Savannah, Georgia. It wasn't a marquee acquisition for the real estate magnate, just an old single-story home and two vacant lots down the …
(2023-04-16). In Chicago the Left Embraces Democrats and Celebrates Brandon Johnson's Victory. orinocotribune.com By Stansfield Smith — Apr 14, 2023 | Brandon Johnson, a progressive black community activist, union organizer, and former teacher, won the Chicago mayoral election against Paul Vallas, the corporate Democrat opponent. Johnson's victory expressed popular rejection of neoliberal privatization and respect for progressive unions, in particular the Chicago Teachers Union (CTU). Johnson was outspent two to one, but not out-organized, winning 52-48%. The election displayed once again the power and organizing skills of the CTU, and showed that people, when they are involved, can upend election predictions. | His cam…
(2023-04-16). Resisting A Two-Tiered Legal System In Majority-Black Jackson, MS. popularresistance.org July 1, 2023 will fall on a Saturday. In Jackson, Mississippi, it's likely to be a very hot day, or a rainy day, or both. It's also the day when House Bill 1020 will take effect, and that the whole of the City of Jackson will be no more — at least with respect to the administration of its criminal legal system. Instead, the city will be partitioned into unequal halves: a Capitol Complex Improvement District (CCID) and an unnamed nowhere land. | The bill was introduced and shepherded by Rep. Trey Lamar, a Republican and chair of the House Ways and Means Committee, assisted by the house speaker who, exercisin…
(2023-04-17). Conmemoran en Cuba proclamación del carácter socialista de la Revolución. telesurtv.net El escenario resultó propicio para reafirmar el apoyo mayoritario de los cubanos al proceso revolucionario.
(2023-04-17). Cuatro frases de Fidel en la proclamación del carácter socialista. telesurtv.net La isla caribeña conmemora este 16 de abril los 62 años de la proclamación del carácter socialista de la Revolución Cubana, liderada por Fidel Castro.
(2023-04-17). As civilian deaths mount in Sudan military feud, Communists call for immediate ceasefire. peoplesworld.org Sudanese Communists are calling for an "immediate" ceasefire as the civilian casualty count in the bitter struggle for power between Sudan's army and a notorious paramilitary force hit almost 100 dead and around 600 wounded. The fierce fighting in the capital, Khartoum, and other areas has dealt a new blow to hopes for a transition …
(2023-04-16). Xi calls for further reform and opening up to drive Chinese modernization in Guangdong. ecns.cn Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, stressed that Guangdong Province is the pacemaker and experimental zone of China's reform and opening up, and plays an instrumental role in Chinese modernization.
(2023-04-16). Senior Chinese diplomat meets German FM. ecns.cn Wang Yi, director of the Office of the Foreign Affairs Commission of the Communist Party of China (CPC) Central Committee, met with German Foreign Minister Annalena Baerbock in Beijing on Saturday.