Daily Archives: January 19, 2024

2024-01-19: News Headlines

Ben Norton (2024-01-19). Is a huge war coming? US bombs Yemen, Iraq & Syria. Israel bombs Gaza & Lebanon. Both threaten Iran. geopoliticaleconomy.com The US military is attacking Yemen, Iraq, and Syria, while Israel bombs Gaza, Lebanon, and Syria. Both are threatening Iran. Is a large regional war coming?

Staff (2024-01-19). Is a huge war coming? US bombs Yemen, Iraq & Syria. Israel bombs Gaza & Lebanon. Both threaten Iran. geopoliticaleconomy.com The brutal war that Israel is waging on Gaza is increasingly becoming a regional conflict. Since October, the United States and Israel have bombed not only Gaza, but also Lebanon, Iraq, Syria, and Yemen. Now, the U.S. government is even threatening Iran with war. President Joe Biden sent the Iranian government a private message while …

Ben Norton, Geopolitical Economy. (2024-01-19). Global 1% Own 43% Of Financial Assets. popularresistance.org The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity — nearly 5 billion people — collectively got poorer, according to a report by Oxfam, a leading international humanitarian organization. | Oxfam published the study, "Inequality Inc.", to coincide with the World Economic Forum meeting of corporate oligarchs and Western government officials in Davos, Switzerland this January. | The five richest people on Earth in 2023 were Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett. Their comb…

ecns.cn (2024-01-19). China's economic growth provides driving force for global economy: FM spokesperson. ecns.cn It fully shows that China's economy is picking up and high-quality development is making solid progress, said Chinese Foreign Ministry spokesperson Mao Ning at a press conference on Thursday.

Janine Jackson (2024-01-19). 'A minimum-wage increase can benefit the whole economy'. mronline.org CounterSpin interview with Sebastian Martinez Hickey on minimum wage.

Staff (2024-01-19). Thousands of Deaths in Venezuela as Result of CITGO's Robbery. orinocotribune.com The Venezuelan deputy minister for anti-blockade policies, Willian Castillo, made a series of statements regarding the actions taken by the local far-right opposition, following Washington's directions to make the Venezuelan economy "scream" in order to unsuccessfully oust Chavismo from power. The senior official informed that the robbery of CITGO has caused thousands of deaths. | "The country would not understand that justice is not applied after this brazen, criminal robbery, which caused thousands of deaths in Venezuela," Castillo stated this Wednesday, 17 January, during an interview by Venezolana de Televisi…

El Ciudadano (2024-01-19). China encourages foreign investment and sustains global prosperity. pressenza.com China has maintained its position as the world's second-largest recipient of foreign investment since 2017 and remains one of the most attractive investment destinations globally. | Despite the rising tide of de-globalization and protectionism, China has remained committed to high-level openness to boost foreign investment, providing much-needed certainty and opportunities for global business. | As the world's second-largest economy, top trading nation, and a major magnet for global investors, China, through further opening up, will not only boost its high-quality development but also create ample opportunities f…

Michael Roberts (2024-01-19). Davos and the melting world economy. cadtm.org

ecns.cn (2024-01-19). China approves graphite export applications in accordance with regulations: Commerce Ministry. ecns.cn China's Ministry of Commerce (MOFCOM) has approved graphite export applications from multiple entities, a ministry spokesperson said on Thursday, reiterating that its export control mechanism is not a ban.

El Ciudadano (2024-01-19). China encourages foreign investment and sustains global prosperity. pressenza.com China has maintained its position as the world's second-largest recipient of foreign investment since 2017 and remains one of the most attractive investment destinations globally. | Despite the rising tide of de-globalization and protectionism, China has remained committed to high-level openness to boost foreign investment, providing much-needed certainty and opportunities for global business. | As the world's second-largest economy, top trading nation, and a major magnet for global investors, China, through further opening up, will not only boost its high-quality development but also create ample opportunities f…

ecns.cn (2024-01-19). China remains world's largest online retail market for 11th consecutive year. ecns.cn China's online retail sales in 2023 recorded a year-on-year increase of 11 percent to 15.42 trillion yuan ($2.17 trillion) – remaining the world's largest online retail market for 11 consecutive years.

ecns.cn (2024-01-19). Data highlights of China's economy in 2023. ecns.cn

ecns.cn (2024-01-19). After solid 2023, growth on track in Q1. ecns.cn China's economy is on track for solid growth in the first quarter after registering a full-year growth of 5.2 percent in 2023, with economic momentum set to further strengthen in the second half, said a senior economist.

Dean Baker (2024-01-19). The Great Economy Trump Left Biden. counterpunch.org We have been seeing numerous stories in the media about how people support Donald Trump because he did such a great job with the economy. Obviously, people can believe whatever they want about the world, but it is worth reminding people what the world actually looked like when Trump left office (kicking and screaming) and

infobrics (2024-01-19). Entry of Middle Eastern Nations Into BRICS+: Important Economic and Geopolitical Takeaways. infobrics.org Five countries — Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt entered BRICS as full members on Jan. 1, now referred to as BRICS+. The BRICS grouping was created in 2006 by Brazil, Russia, India and China, while South Africa joined BRICS in 2011…

ARG Medios (2024-01-19). Argentina's far-right libertarian president warns in Davos, "the West is in danger" peoplesdispatch.org The Argentine president also said that "socialism is an impoverishing model that failed", blamed the economic crisis on "radical feminism" and denied climate change.

Patricia Harrity (2024-01-19). World Economic Forum is Greatest Threat to Humanity. expose-news.com Representatives of governments and international organisations, billionaires, entrepreneurs, academics, NGOs and press corps have spent the last few days in Davos, Switzerland deciding our futures yet again whether we like it or …

ecns.cn (2024-01-19). Trade still robust amid noise over competition. ecns.cn In a recent forum commemorating the 45-year diplomatic legacy between the United States and China, economic experts contended that trade relations have shifted from cooperation to competition, and that the governments need a more strategic approach to risk management.

The Independent (2024-01-19). MPs call for construction of mini-max prison in Mbarara. independent.co.ug Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the Defence and Internal Affairs Committee have asked the Ministry of Finance, Planning, and Economic Development to prioritize funding the construction of a mini-max prison facility in Mbarara District. The recommendation is contained in the Committee's report on the National Budget Framework Paper for the Financial …

Global Research News (2024-01-19). Selected Articles: "Building Trust"?: The World Economic Forum Is the West's Perfect "White-Collar Euthanasia Agent" globalresearch.ca By The World Economic Forum's (WEF) motto for Davos24 (ongoing) is "Rebuilding Trust". This is worse than a joke because what …

Patricia Harrity (2024-01-19). "Building Trust"?: The World Economic Forum Is the West's Perfect "White-Collar Euthanasia Agent" says Geopolitical Analyst. expose-news.com De-carbonization, De-electrification, De-humanization — Towards Getting Rid of "Useless Eaters" The World Economic Forum's (WEF) motto for Davos24 (ongoing) is "Rebuilding Trust". This is worse than a joke because what the WEF …

presstv.ir (2024-01-19). Hundreds protest in Davos ahead of World Economic Forum. presstv.ir Demonstrators protest against the World Economic Forum in the Swiss city of Davos.

presstv.ir (2024-01-19). Hundreds protest in Davos ahead of World Economic Forum. presstv.ir Demonstrators protest against the World Economic Forum in the Swiss city of Davos.

presstv.ir (2024-01-19). Iraq's prime minister wants immediate withdrawal of US forces. presstv.ir Mohammad Shia al-Sudani was addressing a televised event at the World Economic Forum in Davos, Switzerland.

presstv.ir (2024-01-19). Iraq's prime minister wants immediate withdrawal of US forces. presstv.ir Mohammad Shia al-Sudani was addressing a televised event at the World Economic Forum in Davos, Switzerland.

Clara Moore (2024-01-19). The Child Tax Credit Changed My Life. Congress Has a Chance to Bring It Back. counterpunch.org From childhood on, I've spent my life haunted by the ghost of poverty. A myth exists in America that financial well-being follows if we just work hard and make good choices. But it's not that simple. At some point, most of us face unforeseen obstacles — from physical or mental health challenges to lost jobs,

Mark Gruenberg, Portside. (2024-01-19). At MLK Conference, Unionists Strategize On Organizing The South. popularresistance.org Unionists at the AFL-CIO's annual Martin Luther King conference, held January 12-14 in Montgomery, Ala., tackled what one panelist called a decades-long problem for the labor movement: Organizing the South. | And that means both for more union victories, and members, and politically, too. | The conference, in a birthplace of the modern civil rights movement, preceded the first actual voting of the 2024 presidential campaign: The January 15 Iowa Republican caucuses, pitted former GOP Oval Office occupant Donald Trump—a self-professed authoritarian who'd rip up the U.S. Constitution—against the rest of…

WSWS (2024-01-19). Long COVID specialist tells US Senate that "the best way to prevent Long COVID is to prevent COVID in the first place!" wsws.org The US Senate Committee on Health, Education, Labor and Pensions held its first hearing on Long COVID, four years after the outbreak of the pandemic. However, the working class can expect little but empty words from this belated display of concern.

greenleft.org.au (2024-01-19). Concern grows over NSW Labor's secret plan for Powerhouse Museum. greenleft.org.au

Labor Video Project (2024-01-19). SF DA Brooke Jenkins "Drop The Charges" Now on the 78. indybay.org Dozens of activists and trade unionists rallied at San Francisco District Attorney Brooke Jenkins office to demand that she drop the serious charges against 78 people who blocked the SF bay bridge during the APEC meeting in San Francisco.

Ben Norton (2024-01-19). Global 1% Own 43% of Financial Assets, 5 Richest Billionaires Doubled Wealth While 5 Billion Workers Got Poorer. orinocotribune.com By Ben Norton — Jan 18, 2024 | The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity got poorer, according to a report by Oxfam. | The world's richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity — nearly 5 billion people — collectively got poorer, according to a

Federico Fuentes, Patrick Bond (2024-01-19). US imperial dominance, BRICS sub-imperialism and unequal ecological exchange. cadtm.org Patrick Bond is a Distinguished Professor of Sociology at the University of Johannesburg, as well as a political economist, political ecologist and scholar of social mobilisation. He is the author of BRICS: An Anti-Capitalist Critique and Extreme Uneven Development: Financial Volatility, Deep Capitalist Crisis and Super-Exploitation in South Africa and the World. In this interview with Federico Fuentes for LINKS International Journal of Socialist Renewal, Bond discusses modern-day (…) | – | / |

The Independent (2024-01-19). BoU closes EFC Uganda Limited. independent.co.ug Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has closed EFC Uganda Limited, a microfinance company due to poor financial standing. The action is based on Sections 72 (1) and 12 (1) (d) & (g) of the Microfinance Deposit-taking Institutions (MDI) Act, 2003 as amended. BOU's decision which also places EFC Uganda Limited located on …

Eric Toussaint (2024-01-19). The WB assists those in power in a witch-hunting context. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Editor (2024-01-19). Global 1% Own 43% of Financial Assets. scheerpost.com

Daniel Warner (2024-01-19). Financially Strapped Geneva Multilateral Organizations and U.S. Priorities. counterpunch.org Is multilateralism bankrupt? It may be in financial danger, but it still has value. Although the U.N., certain of its specialized agencies and similar institutions are strapped for cash, the recent interest in International Court of Justice case between South Africa and Israel shows that the U.N. and international law continue to have value beyond

Nora Barrows-Friedman (2024-01-19). Israel insists there is no hunger, humanitarian crisis in Gaza. electronicintifada.net Nearly 95 percent of missions to allocate fuel, medicine in northern areas have been denied by Israeli authorities.

krish-rad_ind (2024-01-19). Israel insists there is no hunger, humanitarian crisis in Gaza. electronicintifada.net

Staff (2024-01-19). Headlines for January 19, 2024. democracynow.org Mexico and Chile Call on ICC to Investigate Israel's Assault on Gaza as Death Toll Nears 25,000, Netanyahu Rejects Palestinian Statehood, Says Israel Must Control Region from the River to the Sea, Biden Says U.S. Will Continue to Bomb Yemen Even Though Strikes Have Not Stopped Houthi Attacks, Congress Sends Stop-Gap Spending Bill to Pres. Biden's Desk, DOJ Report Details "Cascading Failures" in Response to 2022 Uvalde Massacre, Trump Claims Presidents "Must Have Full Immunity," Calls on SCOTUS to Absolve His Legal Woes, Haitian Gangs Besiege Port-au-Prince Neighborhood as Viole…

Orinoco Tribune 2 (2024-01-19). China Is the World's Sole Manufacturing Superpower: A Line Sketch of the Rise. orinocotribune.com By Richard Baldwin — Jan 17, 2024 |

| The US is the world's sole military superpower. It spends more on its military than the ten next highest spending countries combined. China is now the world's sole manufacturing superpower. Its production exceeds that of the nine next largest manufacturers combined. This column uses the recently released 2023 update of the OECD TiVA database to paint an eight-chart portrait of China's journey to superpower status and the asymmetric impact that its dominance has had on global supply chains. |

| I'm not an ex…

Ann Brown (2024-01-19). Conservative Armstrong Williams And Investment Partner Buy Baltimore Sun Newspaper. moguldom.com In a move that brings The Baltimore Sun back under local ownership, conservative commentator and Black entrepreneur Armstrong Williams has partnered with Maryland businessman David Smith, Sinclair Broadcasting chairman, to purchase the renowned newspaper. The deal was announced on Jan. 16. The paper's previous owner was investment firm Alden Global Capital. While the exact amount …

WSWS (2024-01-19). Right-wing Supreme Court majority conspires with billionaires to undermine federal regulations. wsws.org At oral arguments Wednesday, the extreme right-wing Supreme Court supermajority signaled that it will abandon 40 years of precedent to undermine the power of federal regulatory agencies.

Rania Khalek (2024-01-19). Accumulation of Death: How Israel's Genocide in Gaza Serves U.S. Imperialism, w/ Prof. Ali Kadri. thealtworld.com Where does Israel's genocide in Gaza fit in to our late stage global imperialist order? What does it mean about the role of Zionism in the Middle East? How do the U.S. wars on other Middle Eastern countries factor in? How has China managed to escape this and the neoliberal rot that has consumed so much of the world? And how come some Western Marxists get it so wrong? | To discuss this and more, Rania Khalek was joined by Ali Kadri, author of many books including "Arab Development Denied: Dynamics of Accumulation by Wars of Encroachment," "The Unmaking of Arab Socialism," "China's Path to Development: Against Neol…

krish-rad_ind (2024-01-19). Commune or Nothing! Communes Against Capitalism. mronline.org

Kathleen Wallace (2024-01-19). The Hostile Architecture of Late Stage Capitalism. counterpunch.org The US Supreme Court has agreed to hear a case that will undoubtedly set the course for future dealings with the homeless population. That already sounds ominous, right? The case involves the city of Grants Pass, Oregon and the practice of banning individuals from using means to protect themselves from the elements when occupying public spaces. By that I mean items like blankets.

Nayanika Guha (2024-01-19). Columbia University Could See a Tuition Strike If It Doesn't Divest From Israel. truthout.org As part of their organizing efforts against Israeli apartheid, Columbia University student groups, including Barnard-Columbia Abolition Collective, Student-Worker Solidarity, and Columbia-Barnard Young Democratic Socialists of America announced a tuition strike for the spring 2024 semester. The coalition of student groups is calling for the "university to refuse to invest in ethnic cleansing and… |

Leslie Alan Horvitz (2024-01-19). The Nuclear Energy Dilemma: Climate Savior or Existential Threat? socialistproject.ca With the planet teetering on the There are many thorny questions. Is nuclear power too dangerous? Is it too expensive? Does it…

WSWS (2024-01-19). Will Lehman calls on workers to attend January 20 emergency meeting to fight mass layoffs in the auto industry. wsws.org Lehman, a Pennsylvania Mack Trucks worker who ran a rank-and-file and socialist campaign for UAW president in 2022, is appealing to workers to attend this Saturday's meeting to discuss how to stop the mass job cuts.

greenleft.org.au (2024-01-19). Socialist councillor: New rainbow crossing a 'positive step'. greenleft.org.au

thecommunists (2024-01-19). British terrorist state persecutes communists on 'anti-terror' pretext. thecommunists.org The campaign of persecution of prominent and effective anti-zionist campaigners in Britain appears to be stepping up a gear — a sure sign of the government's panic over their loss of control over the narrative regarding events in Gaza, and its consequent exposure as a backer and facilitator of genocide. Back on 25 November, four …

ecns.cn (2024-01-18). Tough stance on corruption wins praise. ecns.cn The Communist Party of China's efforts over the past 10 years to severely punish misconduct and corruption that occur "at people's doorsteps" have led to an increase in the sense of gain and happiness among the people, observers said.

2024-01-19 16:55:16 | 16:55 EST | sr | 53 | 0 | 2 | 57 | 0