2024-02-18: News Headlines

albawaba (2024-02-18). Egypt starts getting rid of the US Dollar. albawaba.com ALBAWABA – Egypt has initiated a formal step within the current strategy of the BRICS group aimed at reducing its reliance on the US dollar, according to various reports.Egypt wants to use their own money more for trading instead of relying on the dollar. They say it will help them deal with financial pressures better.This move shows that Egypt, along with other countries in BRICS, is trying to change how they do business globally. They want to be less dependent on the US dollar, especially with all the problems happening in the US economy.According to "Watcher Guru", this decision reflects a broader trend among…

Angela (2024-02-18). Wednesday 2/28: Virtual Meeting: Local Peace Economy. indybay.org

ecns.cn (2024-02-18). Record figures point to robust holiday travel. ecns.cn A growing number of indicators highlighted a bustling holiday travel and consumption peak in China, continuing a tourism boom since the beginning of 2024 that has lifted expectations for China's economic recovery.

ecns.cn (2024-02-18). China's outbound tourism thrives during Chinese New Year holidays. ecns.cn China witnessed explosive growth in outbound tourism during this year's Spring Festival holidays (February 10-17), notably surpassing the figures for 2019.

albawaba (2024-02-18). Biden drinks from tap water in Palestine to prove it's chemical-free. albawaba.com ALBAWABA – US President Joe Biden visited East Palestine, Ohio, to show support for the community hit by a chemical accident last year. Despite some people being upset about his late visit, Biden wanted to prove that the tap water in the area is safe. So, he took a sip of tap water and coffee while he was there.During his visit to Ohio, Biden checked out the town, met with local businesses, and talked with people who live there.Biden said they're working on ways to help the town get better, like with programs to boost the economy. Even though some folks weren't happy he didn't come sooner, Biden made a point to s…

eng.belta.by (2024-02-18). Belarusian Belavia launches direct flight from Brest to Moscow. eng.belta.by Flights from Brest to Moscow (Sheremetyevo) will be operated twice a week, on Wednesdays and Saturdays, by Embraer 175 aircraft with comfortable economy and business class cabins. The flight from Brest to the Russian capital takes 1 hour 45 minutes.

Medriva Correspondents (2024-02-18). Saudi Arabia's Sustainable Vision: Diversification through Sports and Green Initiatives. medriva.com Over the years, Saudi Arabia has been synonymous with oil wealth. However, this narrative is steadily changing as the country vigorously invests in a diversified economy, with a particular focus on sports and green initiatives. This vision aligns with the country's Vision 2030 plan, which aims to steer the nation away from its reliance on…

ecns.cn (2024-02-18). Shanghai sees growth of consumption during Spring Festival holiday. ecns.cn Shanghai saw strong growth of consumption with people visiting from outside the city during the eight-day Spring Festival holiday, a proof of the economic vitality of the special location, according to official sources.

Pavel López Lazo (2024-02-18). Haitian Foundation describes children situation as catastrophic. plenglish.com Port-au-Prince, Feb 18 (Prensa Latina) The Zanmi Timoun Foundation described the situation of children in Haiti as catastrophic, where children are being directly affected by the economic, political and social crisis in the country.

eng.belta.by (2024-02-18). Belarus, Oman intend to intensify business ties. eng.belta.by Director of the National Center for Marketing Nikolai Borisevich held a meeting with Ambassador of the Sultanate of Oman to the Russian Federation and concurrently to the Republic of Belarus Hamood bin Salim bin Abdullah Altowaiya on 17 February.

eng.belta.by (2024-02-18). Belarusian automaker MAZ expands service network in Russia. eng.belta.by Director of the MAZ Service Center Aleksei Grishkevich presented a certificate of the authorized service station to the Surgutdrive company. At the moment, this company is being accredited for the status of an official dealer of OAO MAZ, managing company of the holding company BelavtoMAZ.

Labor Archives & Research Center (2024-02-18). Wednesday 2/28: Fields of Struggle: Agricultural Laborers in California, 1939-1966 38th Annual Program. indybay.org Special Collections, Room 460 (4th Floor), J. Paul Leonard Library, San Francisco State University…

Labor Video Projectt (2024-02-18). SF City Worker Rally Against Outsourcing, Union Busting At SF General Hospital. indybay.org Hundreds of San Franciscoo city workers marched and rallied at SF General Hospital to demand an end to outsourcing and union busting by Breed and City bosses.

Lisa Xu, Labor Notes. (2024-02-18). Strikes And A Boycott Win A Better Deal From Macy's. popularresistance.org Fans of the Macy's Thanksgiving Parade may have noticed one glaring omission in its cast of charismatic balloons and floats: Scabby the Rat, who for some reason, has never been invited. | But what employer wouldn't want a reminder from Scabby—"an imposing 12-foot inflatable rat, replete with red eyes, fangs, and claws," as the National Labor Relations Board puts it—to stay on its best behavior? | Macy's workers in northwest Washington rectified this last year by prominently featuring Scabby when they launched a strike and boycott campaign against the retailer over low wages and safety issues. Scabby w…

ToBlome, Popular Resistance. (2024-02-18). Report Back From Shut Down Travis Action: No US Weapons for Genocide. popularresistance.org A growing coalition of peace & justice organizations from Northern California are collaborating to nonviolently impede the U.S. role in Israel's ongoing genocide in Gaza. The newly formed campaign, called "Shut Down Travis," is organizing regular actions to peacefully impede "business as usual" at Travis Air Force Base in Fairfield, CA, where U.S. weapons are transported to Israel. It began on December 28, when activists, working together, successfully closed down all 4 gates for 1-4 hours ea. at Travis AFB. NO US WEAPONS for GENOCIDE! 14 activists were ultimately arrested at two gates, and later cited and r…

greenleft.org.au (2024-02-18). As Israel continues its genocide in Gaza, protesters demand Labor cut ties. greenleft.org.au

albawaba (2024-02-18). Judge laughing verdict on Donald Trump $364 million fraud case sparks outrage. albawaba.com A New York judge who ordered former President Donald Trump to pay $364 million in a civil fraud case has sparked outrage among Trump's supporters and critics alike after he shrugged, laughed and smirked to the camera in court.Judge Arthur Engoron, who presided over the 2 Ω-month trial, issued a blistering decision that accused Trump and his company of engaging in a "yearslong scheme to dupe banks and others with financial statements that inflated the former president's wealth".Engoron also barred Trump from serving as an officer or director of any New York corporation or other legal entity for three years.N…

teleSUR (2024-02-17). Trump to Pay $364 Million in Penalty for Financial Fraud. telesurenglish.net The former president Donald Trump, will pay a penalty of more than 350 million dollars for to dupe banks and others with financial statements that inflated the former president's wealth of his family business, the Trump Organization, a judge in New York ruled on Friday. | RELATED: | "Frauds found here jump off the page and shock the conscience," wrote Judge Arthur Engoron in his decision, who banned Trump and two ot…

presstv.ir (2024-02-18). Indian police fire tear gas at farmers as protests enter 4th day. presstv.ir Indian police fired tear gas at farmers demanding higher prices for their crops on Friday, as the protests entered their fourth day…

albawaba (2024-02-18). Trump ordered to pay $364 Million in civil fraud case. albawaba.com ALBAWABA – New York judge has ruled that Donald Trump has to pay a huge amount of money, $364 million, because he lied about how much his stuff was worth on financial papers.This all started with a lawsuit from the New York Attorney General, who said Trump and his friends made up numbers to make their business deals better and to make Trump seem richer than he really was.The judge found Trump and his friends guilty of lying on purpose about their money, so now they have to pay up. Trump has to pay most of it, about $354.9 million, while his sons have to pay a bit less, and the former CFO has to pay $1 million.On…

Peggy Sito (2024-02-18). Saudi Arabian conglomerate Ajlan eyes 'mega deals' with Chinese companies in tech, new energy, petrochemical sectors. scmp.com The private conglomerate headquartered in Riyadh aims to make strategic investments by acquiring equity stakes, providing financial expertise, and offering legal advice to leading players in these industries.

Ayanna Amadi (2024-02-18). Declining Private Equity Investments in Medicare Advantage: Analyzing the Shift and Its Implications. medriva.com

akweb.de (2024-02-18). Talking to the left. indybay.org Developing a common transformational project and building counter-power remains the central task of the left. Especially in areas of social infrastructure, such as housing and healthcare, profit maximization has a particularly devastating effect. The strategy of socialization, i.e. the transfer of private property into democratic structures, can provide orientation here.

Greg Ruiters, Patrick Bond (2024-02-18). South Africa's failed infrastructure privatisation and deregulation. cadtm.org Introduction
| The South African state is commonly said to be 'failing' — not only because yet again at the end of 2023, a recession hit. An alleged fiscal crisis, in the form of a public debt to GDP ratio in excess of 70 percent (mostly due to Covid-19 revenue shrinkage), prevents the kind of institutional rescue and expansion of infrastructure and services typical of prior eras of developmental- or welfare-state construction.
| A typical articulation of the terrain of infrastructure financing (…) | – |

Sewar Elejla (2024-02-18). Israel wages war on reproductive rights in Gaza. electronicintifada.net Joe Biden preaches gender equity, while enabling a massive assault on women's health.

Andrés Madrid, Andrés Tapia (2024-02-18). Capitalism and drug trafficking in Ecuador: Two sides of the same coin. cadtm.org

Colin Todhunter (2024-02-18). Farmers' Protest in India Reignites: A Struggle for the Future of Food and Agriculture. dissidentvoice.org In 2021, after a year-long protest, India's farmers brought about the repeal of three farm laws that were intended to 'liberalise' the agriculture sector. Now, in 2024, farmers are again protesting. The underlying issues and the facilitation of the neoliberal corporatisation of farming that sparked the previous protest remain and have not been resolved. The …

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