2023-06-12: News Headlines

ecns.cn (2023-06-12). Prospects seen for deeper ties with Honduras. ecns.cn China and Honduras will deepen their pragmatic cooperation in economy, trade, industrial capacity and infrastructure by fully harnessing each other's competitive advantages as part of their efforts to pursue common development and achieve win-win results.

ecns.cn (2023-06-12). Nation urged to boost smart manufacturing. ecns.cn China should pool more resources into bolstering the application of cutting-edge intelligent technologies in advanced manufacturing, as part of its broader drive to build a modern industrial system backed by the real economy amid mounting external uncertainties.

ecns.cn (2023-06-12). Major Arab-China business event kicks off in Riyadh, set to further boost economic ties. ecns.cn The 10th Arab-China Business Conference, which is said to be the largest business gathering between China and Arab countries, kicked off on Sunday in Riyadh, Saudi Arabia.

M.K. Bhadrakumar (2023-06-12). Asia-Pacific is where China-Russia 'no limits' partnership will be put to test. peoplesdispatch.org The Northeast Asian theater is going to be a crucial arena in the brewing big-power confrontation, what with the Arctic hotting up and the Northern Sea Route becoming operational. This will catapult the strategic importance of the Russian Far East and Siberia as the powerhouse of the world economy in the 21st century…


Ben Norton (2023-06-11). BRICS New Development Bank De-Dollarizing, Adding Argentina, Saudi Arabia, Zimbabwe as Members. orinocotribune.com By Ben Norton — Jun 7, 2023 | The BRICS bloc's New Development Bank, an alternative to the US-dominated World Bank, is de-dollarizing its loans, promoting local currencies, and adding new members: Argentina, Saudi Arabia, and Zimbabwe. | The One of the most important institutions created by the BRICS is the New Development Bank (NDB). Th…

Conor Smith, Fairness, Accuracy in Reporting. (2023-06-11). WSJ Celebrates Making It Harder For Poor People To Access Food. popularresistance.org After holding the economy hostage for months, some Republicans are going through a bit of a depressive slump. "We got rolled," is how one Republican congressmember (Roll Call, 6/6/23) described the outcome of the debt ceiling negotiations. "It was a bad deal." | But don't cry too much, guys! The Wall Street Journal is here to cheer you up, and remind you that, though you didn't get all the austerity you wanted, you did get to hurt the poor a bit. Maybe not as much as you wanted, but life's not always fair, is it? | As the Journal's editorial board (5/30/23) recently wrote: "One reason the deal is worth passing: T…

Yves Smith, Naked Capitalism. (2023-06-11). The US Economy — Surprisingly Resilient Or Potemkin Village? popularresistance.org For today's episode, we want to talk about what's going on in the US economy. Because when you look at the discussion that's going on, you see a lot of contradictory narratives. On the one hand, you have people like Bank of America's CEO Brian Moynihan, who said on Sunday that the country may face a mild recession later this year. You see a lot of major CEOs making similar predictions. By contrast, the Biden administration and much of the US mainstream media are insisting that the US economy is showing extraordinary resilience. So, Michael, I want to ask you, what is your analysis on the current state of the US e…

Barry Sheppard (2023-06-12). United States: Rich, corporations win, environment, people lose in 'debt ceiling' deal. greenleft.org.au The "debt-ceiling crisis" provided the pretext for the rolling back environmental, economic and social policies, while corporations and the rich benefitted the most from the deal struck between the Democrats and Republicans, reports Barry Sheppard.


Dave DeCamp (2023-06-12). Report: Saudi Crown Prince Threatened US With 'Major Economic Consequences'. news.antiwar.com Saudi Crown Prince Mohammed bin Salman warned the US would suffer economic consequences if President Biden retaliated for OPEC oil cuts that were announced last fall, The Washington Post reported.

Luis Linares Petrov (2023-06-12). Cuban Prime Minister conducts official visit to Russia. plenglish.com Marrero arrived in Moscow from Sochi, where he headed the Cuban delegation at various events of the Eurasian Economic Union (EEU) and spoke at the Eurasian Intergovernmental Council and at the 3rd Eurasian Congress. | The Cuban authority presided over the signing of three important documents between the Biocubafarma business group and Russian and Belarusian companies in the sector. | He also met with his Russian counterpart, Mikhail Mishustin, in order to check the progress of the established agreements and the potential for economic-commercial relations between Russia and Cuba and between the EEU and Cuba. | Ma…

Jonathan Ng (2023-06-11). US Economic War on Venezuela Has Rewarded Corruption and Undermined Democracy. truthout.org This spring, the Venezuelan opposition leader Juan Guaidó delivered a solemn address to the international press in Miami, Florida. Claiming his life was in danger, Guaidó announced that he fled Venezuela to escape persecution and rally the world against the government of President Nicolás Maduro. In bold strokes, he argued that Maduro constitutes a threat to "the entire world… |

Radwan Mortada, The Cradle. (2023-06-11). The US Doesn't Defeat Terror, It Only Tries To Balance It. popularresistance.org Adil Abdul-Mahdi, prime minister of Iraq from October 2018 to May 2020, emerged as a significant figure during one of the most tumultuous periods in the country's recent history. | Caught between navigating relations with Washington and Tehran, and a worsening economic crisis, he ultimately resigned in the face of popular protests and the state's violent crackdown. | In a rare media interview with The Cradle, Abdul-Mahdi candidly discloses details of those harrowing days and the foreign interests — particularly American and British — that played a hand in the chaos, terrorism, sectarianism, and econom…

Dave DeCamp (2023-06-12). Report: Saudi Crown Prince Threatened US With 'Major Economic Consequences'. news.antiwar.com Saudi Crown Prince Mohammed bin Salman warned the US would suffer economic consequences if President Biden retaliated for OPEC oil cuts that were announced last fall, The Washington Post reported.

Luis Linares Petrov (2023-06-12). Cuban Prime Minister conducts official visit to Russia. plenglish.com Marrero arrived in Moscow from Sochi, where he headed the Cuban delegation at various events of the Eurasian Economic Union (EEU) and spoke at the Eurasian Intergovernmental Council and at the 3rd Eurasian Congress. | The Cuban authority presided over the signing of three important documents between the Biocubafarma business group and Russian and Belarusian companies in the sector. | He also met with his Russian counterpart, Mikhail Mishustin, in order to check the progress of the established agreements and the potential for economic-commercial relations between Russia and Cuba and between the EEU and Cuba. | Ma…

Jonathan Ng (2023-06-11). US Economic War on Venezuela Has Rewarded Corruption and Undermined Democracy. truthout.org This spring, the Venezuelan opposition leader Juan Guaidó delivered a solemn address to the international press in Miami, Florida. Claiming his life was in danger, Guaidó announced that he fled Venezuela to escape persecution and rally the world against the government of President Nicolás Maduro. In bold strokes, he argued that Maduro constitutes a threat to "the entire world… |

Radwan Mortada, The Cradle. (2023-06-11). The US Doesn't Defeat Terror, It Only Tries To Balance It. popularresistance.org Adil Abdul-Mahdi, prime minister of Iraq from October 2018 to May 2020, emerged as a significant figure during one of the most tumultuous periods in the country's recent history. | Caught between navigating relations with Washington and Tehran, and a worsening economic crisis, he ultimately resigned in the face of popular protests and the state's violent crackdown. | In a rare media interview with The Cradle, Abdul-Mahdi candidly discloses details of those harrowing days and the foreign interests — particularly American and British — that played a hand in the chaos, terrorism, sectarianism, and econom…

Resumen English. (2023-06-11). Lula To Launch Social Programs; Part Of Stopping Amazon Deforestation. popularresistance.org The government of leftist Luiz Inácio Lula da Silva will launch a social program with economic aid to vulnerable families working in the conservation of the Amazon rainforest that is a similar program that was repealed by the previous president, the far-right Jair Bolsonaro (2019-2022). | The program, called 'Bolsa Verde', an environmental version of the popular 'Bolsa Familia', will be implemented in 30,000 families in the Brazilian Amazon, but the government's intention is to expand it to other biomes, such as the Cerrado (the Brazilian savannah) or the Atlantic Forest, all threatened by deforestation and other…

scorinoco (2023-06-11). Colombia: The Friends and Enemies of Petro. orinocotribune.com By Gustavo Bolívar — Jun 4, 2023 | Gustavo Petro is paying the price for coming to power without the permission of the six owners of the country and without the endorsement of any of the eight presidential families. | This fact, which today is taking its toll on him, gave him the necessary independence to develop reforms that, precisely, bother the former and mortify the latter. The former because they see their economic interests threatened in some strategic sectors which are the object of these reforms, and the latter because an alternative government capable of changing Colombia would expose the dissatisf…

Yasiel Betancourt Clavijo (2023-06-11). Arab countries and China plan to expand economic cooperation. plenglish.com Riyadh, Jun 11 (Prensa Latina) Saudi Arabia today highlighted the mutual desire of Arab nations and China to expand economic cooperation and bilateral trade exchange, which in 2022 increased by more than 31 percent compared to the previous year.

ecns.cn (2023-06-11). Premier stresses need to revitalize Northeast China. ecns.cn Premier Li Qiang has stressed the need to boost the momentum and vitality of economic growth in the nation's northeast by adhering to the new development philosophy.

Richard D. Wolff, Canadian Dimension. (2023-06-11). Market Fundamentalism Is An Obstacle To Social Progress. popularresistance.org A changing world order, a shrinking US empire, migrations and related demographic shifts, and major economic crashes have all enhanced religious fundamentalisms around the world. Beyond religions, other ideological fundamentalisms likewise provide widely welcomed reassurances. One of the latter—market fundamentalism—invites and deserves criticism as a major obstacle to navigating this time of rapid social change. Market fundamentalism attributes to that particular social institution a level of perfection and "optimality" quite parallel to what fundamentalist religions attribute to prophets and divinit…

Strike Debt Bay Area (2023-06-12). Saturday 6/24: Strike Debt Bay Area Book Group: Poverty by America, by Matthew Desmond. indybay.org Email strike.debt.bay.area@gmail.com a few days beforehand for the online invite.

Curtis Daly, The Canary. (2023-06-11). England To Trial A Basic Income For The First Time. popularresistance.org England is about to pilot a basic income scheme for the first time. Thirty people will receive £1600 a month for two years. The trial, which will take place in central Jarrow and East Finchley, seeks to find out what effects this will have on the lives of the participants. | Will Stronge, director of research from thinktank Autonomy, said: | All the evidence shows that it would directly alleviate poverty and boost millions of people's wellbeing: the potential benefits are just too large to ignore. | Indeed, this seems like an interesting and positive scheme to tackle the hardship millions of people face in…

Jim McIlroy (2023-06-12). Unions step up push for 'same job, same pay' rule. greenleft.org.au Unions want Labor to change the law to stop bosses from misusing labour hire clauses to reduce pay rates, and have launched a campaign to get it done. Jim McIlroy reports.

Staff (2023-06-12). Solidarity with Georges Abdallah and Walid Daqqah at Toulouse mobilization against French pension reforms. samidoun.net During a new broad labour union demonstration against the French pension reform in Toulouse which brought together nearly 50,000 people, the Collectif Palestine Vaincra was present alongside all the people mobilized, reaffirming that defending the liberation of Palestine from the river to the sea is inseparable from the global struggle for social justice! Underlining this …

Anjoulie Woodhead (2023-06-12). New York Legislature Extends Session, Vote on Debt Relief Bill Pending. indybay.org Religion, Development and Labor Coalition Pushes Passage of New York Taxpayer and International Debt Crises Protection Act…

Labor Video Project (2023-06-12). AI Ground Zero In SF As Tech, Auto Bosses & Politicians Destroy Taxi/Uber Worker Jobs. indybay.org Governor Newsom and Mayor London Breed and her MTA and police are allowing remote taxis unregulated entry into San Franciscoo streets destroying the jobs for all taxi workers and UBER/LYFT drivers. The AI technology is still in development and these remote vehicles violate the California Vehicular code but Newsom and London Breed and her police refuse to enforce the law against these tech and auto companies that control these remote vehicles.

WSWS (2023-06-12). Australian health union's online meetings present no way forward for workers. wsws.org Wednesday's meetings made even more clear the bureaucracy's real aim—to ensure that workers' opposition to Labor's deepening assault on their pay and conditions remains isolated and constrained within the framework of sporadic, isolated stoppages and minor work bans.

_____ (2023-06-12). Forbidden Stories: The Bruno and Dom Amazon Project. transcend.org 1 Jun 2023 – "This story must be told." A collaborative investigation coordinated by Forbidden Stories, which involves over 50 journalists from 16 media organisations to continue the work of Bruno Pereira and Dom Phillips. We pursued their work because our future depends on it.

Dean Baker (2023-06-11). New York Times Tells Readers Jewelry Purchases Down Due to Inflation, Commerce Department Says They are Up by 26.4 Percent. cepr.net Seems the NYT still can't get access to the government's data on consumption. It ran an article telling readers that demand for wedding rings has fallen. This is very plausibly explained by fewer people having met up during the pandemic, and therefore fewer people getting married. However, the subhead adds "Inflation and anxiety among shoppers …

ecns.cn (2023-06-12). International role for yuan in works, slowly. ecns.cn The internationalization of the Chinese currency renminbi was, even as recently as last year, not an everyday topic in financial news reporting.

_____ (2023-06-12). Summer Fundraising — Please Pitch In. transcend.org Dear reader, please partner with TMS by contributing financially to our Peace Journalism. A troubled world needs our solutions as most leaders have gone berserk with their warmongering, fear-inducing militarism, and war-dependent economies. Our heartfelt thanks.

Doug Allan (2023-06-12). Ontario's Healthcare Capacity Crisis: Ford Government Plans to Make It Worse. socialistproject.ca Despite the current healthcare capacity crisis, the Doug Ford government in Ontario plans to cut healthcare service levels. | Hospitals: The news is bad for hospital services. The new Financial Accountability Office (FAO)

Mark Keenan (2023-06-11). Deconstructing Globalization, A Historical Perspective. Towards "The Privatization and Financialization of Everything" globalresearch.ca

ecns.cn (2023-06-11). Growth pivot points to global lens on China. ecns.cn The focus of leading global financial institutions on China will remain unchanged given the country's growth prospects, executives at the 14th Lujiazui Forum said.

Alastair Crooke (2023-06-11). The 'Fourth Turning' that will Define our Century. thealtworld.com European economies are reeling from inflation and the spectre of de-industrialisation — fuelled by self-imposed foreswearing of all imports of cheap Russian energy. | Zbig Brzezinski, then (1997) a US Presidential adviser, put it starkly: 'Eurasia is the largest Continent on earth; and Europe is America's indispensable bridgehead into that Heartland. With each expansion of Europe's scope, therefore, the US sphere of influence expands as well'. And for domination of Eurasia, he said: Ukraine is the key state. | Today, however, the single most momentous development of our time is the tide flowing towards disav…

Paige Oamek, In These Times. (2023-06-11). Winning Is Only The Start: Jane McAlevey On Building Worker Power. popularresistance.org In April 2022, Amazon workers in Staten Island voted to form a union. But a year after that historic victory, union members at the JFK8 warehouse still don't have a contract, thanks largely to Amazon spending $14 million on union avoidance consultants. That may be shocking but it's not unusual. When workers vote to form a union, it takes an average of 465 additional days to sign a contract with their employer. Meanwhile this spring in Buffalo, where the first Starbucks Workers United election was won in 2021, a new decertification petition attempted to extinguish the spark that inspired hundreds of other location…

ecns.cn (2023-06-12). Investment in water resources rises 32.1% to $57.5b. ecns.cn China made almost 410.6 billion yuan ($57.5 billion) of investment into building water resources management projects in the first five months this year, up by 32.1 percent from the same period last year.

WSWS (2023-06-12). Volkswagen plans a radical program of cuts aimed at boosting profits. wsws.org The VW board has been in intensive talks with the IG Metall trade union and its works councils in Germany on how to enforce this programme of cuts against the workforce.

Editor (2023-06-12). Ralph Nader: Technology Needs Assessments by Congress Municipalities and Local Civic Groups. scheerpost.com By Ralph Nader / Nader.org The pace of for-profit technological innovations is accelerating, but to what end beyond corporate sales? The gap between marketing new high-tech products and assessing their intended and unintended consequences has never been greater. Let's start with the ballooning of augmented reality inside virtual reality. Facebook's Oculus Rift escapism has flopped. …

ecns.cn (2023-06-12). OpenAI CEO calls for global cooperation on AI regulation, says 'China has some of the best AI talent in the world'. ecns.cn Sam Altman, the CEO of OpenAI, has called for a global cooperation in setting up the regulatory guardrails for powerful artificial intelligence (AI) systems at an industry forum held in Beijing on Saturday, noting that China can play a significant role with some of its "best AI talent in the world."

Rhoda Wilson (2023-06-11). Documentary: Unsustainable — The UN's Agenda for World Domination. expose-news.com Globalists in the power elite — working through the United Nations — are waging war against property rights, gun rights and capitalism to usher in a Marxist World Order. This war is …

WSWS (2023-06-11). Behind the sharp rise in US resident physicians organizing into unions. wsws.org There is a growing militancy among physician-residents in the US who face crushing debts and are paid minimum wages while they carry the main burden of caring for hospital-based patients.

WSWS (2023-06-11). Behind the sharp rise in resident physicians organizing into unions. wsws.org There is a growing militancy among physician-residents in the US who face crushing debts and are paid minimum wages while they carry the main burden of caring for hospital-based patients.

WSWS (2023-06-12). New York transit workers speak out as TWU pushes sellout deal. wsws.org As hazardous air quality conditions threaten transit workers health, the Transport Workers Union and transit agency are pushing cuts to real wages and reduced time off.

Ian Angus (2023-06-12). Industrial farming has killed billions of birds. greenleft.org.au Worldwide, 49% of all wild bird species are in steep decline, according to a new report, writes Ian Angus.

Rhoda Wilson (2023-06-12). Through its members and offshoot organisations, the Fabian Society's influence is global. expose-news.com The Fabian Society is a British organisation that has aimed, and still aims, to promote socialist ideas and policies through a very slow and reformist approach. The society's members include activists, intellectuals …

WSWS (2023-06-12). Australia's pseudo-left Socialist Alternative holds fraudulent "anti-war" meeting. wsws.org The starkest aspect of the meeting was that at an event ostensibly opposing war, not a word was said about the war that is underway in Ukraine.

WSWS (2023-06-12). Clarios workers call for joint action to defeat strikebreaking by auto battery company: "All UAW members should be on strike" wsws.org Workers on the picket lines in Ohio and those working at a Missouri plant told the World Socialist Web Site that Clarios was deliberately mislabeling batteries to conceal that they were being manufactured by strikebreakers.

Ileana Ferrer Fonte (2023-06-12). Cuban party delegation travels to South Vietnam. plenglish.com Hanoi, Jun 12 (Prensa Latina) Luis Antonio Torres Iríbar, First Secretary of the Communist Party of Cuba (PCC) in Havana, and his accompanying delegation traveled to Ho Chi Minh City, in the follow-up of their visit to Vietnam.

Rainer Shea (2023-06-11). Hurting the Democratic Party is Essential for Revolutionaries, and Voting Cornel West is Our Best Way to Do This. orinocotribune.com By Rainer Shea — Jun 9, 2023 | At this moment, the best thing we can do to weaken the Democratic Party's monopoly over organizing spaces is back Cornel West. Communists should vote for him not because he's a communist, which he isn't, but because voting for him will have an impact that advances our cause. What it will do is greatly expand the fissure that's long been developing within the country's left, the fissure that makes the communist movement better able to grow outside the DNC's influence. | This fissure first became visible during recent decades when, in reaction to the Democratic Party's reactionar…

thecommunists (2023-06-11). Joti Brar on RT: Imperialism's fascistic proxy armies and MSM lies. thecommunists.org Joti Brar speaks to RT news about US and British imperialism's use and support of extreme right-wing forces and the media's condemnation, or support of, those same forces depending on which narrative the imperialists are spinning at the time. Osama bin Laden and the Afghan mujahideen were once heralded by the western press as 'freedom …

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