2024-05-03: News Headlines

Binoy Kampmark (2024-05-03). University Investments: Divesting from the Military-Industrial Complex. counterpunch.org The rage and protest against Israel's campaign in Gaza, ongoing since the October 7 attacks by Hamas, has stirred student activity across a number of US university campuses and beyond. Echoes of the Vietnam anti-war protests are being cited. The docile consumers of education are being prodded and found interested. University administrators and managers are, as they always

MEE staff (2024-05-03). Israeli industry braces for economic damage amid Turkish trade ban. middleeasteye.net Israeli industry braces for economic damage amid Turkish trade ban | Construction industry is already in 'dire straits', while Israel's largest refinery warns of significant hit to crude oil imports | | Construction work on the settlement of Tzofim, east of the Palestinian West Bank village of Qalqily…

Martha Grevatt (2024-05-03). Labor Notes conference draws thousands of militant unionists. workers.org Chicago For decades the Labor Notes conference, organized around the slogan "put the 'movement' back in the labor movement," has attracted union activists who want to do just that. This year's conference, held in Chicago on April 19-21, drew a record 4,500 attendees. Many more workers, who could not attend . . . |

Luis Linares Petrov (2024-05-03). Costa Rican authority criticizes reduction in social spending. plenglish.com San José, May 3 (Prensa Latina) The head of the Legislative Assembly of Costa Rica, Rodrigo Arias, questioned the country's president, Rodrigo Chaves, for reducing social spending during his administration.

Luis Linares Petrov (2024-05-03). Japanese Prime Minister visits Brazil. plenglish.com The Planalto Palace reported that the dignitaries will sign a bilateral cooperation agreement on various environmental issues, including climate change and the process of reducing carbon emissions. | Subsequently, the leaders will address issues on the bilateral agenda such as increasing trade and investment flows, consular affairs, science, technology and innovation, partnership in energy transition, cooperation in environmental initiatives, initiatives to combat hunger and poverty, the climate change, the reform of international governance, including the United Nations, and other issues related to peace, secur…

Labor Video Project (2024-05-03). SF Workers Rally for a General Strike for Palestine & Labor Party on May Day 2024. indybay.org

WSWS (2024-05-03). International support builds for campaign demanding Ukraine release socialist Bogdan Syrotiuk. wsws.org Support grows around the world in response to the campaign demanding the release of Bogdan Syrotiuk, socialist and opponent of the US-NATO war against Russia in Ukraine.

latintimes (2024-05-03). Xi Heads To Europe To Defend Russia Ties. latintimes.com The world's second-biggest economy is seeking to deepen political and economic ties in Europe to counterbalance difficult relations with rival Washington.

latintimes (2024-05-03). Markets Track Wall St Higher As Rate Hopes Rise, Eyes On US Jobs. latintimes.com The gains come as traders turn their attention to the release of key US jobs data due later in the day, which could play a major role in the Federal Reserve's decision-making on when to lower borrowing costs.

latintimes (2024-05-03). Apple Profit Ebbs As iPhone Sales Under Pressure. latintimes.com As expected, iPhone sales dropped with pressure growing from China and increased competition from Huawei.

Heidi Shierholz (2024-05-03). Looking for a Better Paying Job? Help is on the Way. counterpunch.org Changing jobs can be the best way to get a raise. But employers often force workers to sign "noncompete clauses," making it harder for them to move to better jobs — and artificially depressing wages. That will change later this year. The Federal Trade Commission recently issued a new rule declaring that most noncompete clauses in employment

Marc Bayard, Dev Wakeley (2024-05-03). How Southern Autoworkers Can Reverse Decades of Job Quality Decline. counterpunch.org The United Auto Workers recently scored the largest union victory in decades in the South. Their success at a Tennessee Volkswagen plant could be a turning point for labor in a region long known for governmental hostility to unions. The next test will be a UAW election scheduled for the week of May 13 at

Pranjal Pandey (2024-05-03). Singapore: Lawrence Wong to Lead Amid Economic and Political Challenge. counterpunch.org Singapore has announced that Deputy Prime Minister Lawrence Wong will take over as the country's next leader on May 15. Wong, 51, has garnered unanimous support from lawmakers within the People's Action Party (PAP). He will succeed Lee Hsien Loong, who has held the top job for 20 years. Wong, who earned praise for his

tvbrics (2024-05-03). China and Egypt hold meeting to attract foreign investment. tvbrics.com The visit aims to discuss possible Chinese investments in the Egyptian New Beni Suef city…

tvbrics (2024-05-03). Ethiopia is determined to improve working conditions. tvbrics.com This was stated by the Ethiopian Minister of Labour and Skills…

tvbrics (2024-05-03). Brazil successfully fights poverty with Ruas Visiveis programme. tvbrics.com The Ruas Visíveis programme was launched last December…

Internationalist 360 ∞ (2024-05-03). The Latest Danger from China: Too Much Clean Energy? libya360.wordpress.com This brief article by Friends of Socialist China advisory group member Stefania Fusero, originally published in Italian in Futura Società , brings some much-needed clarity to the question of US allegations concerning China's "over-capacity", particularly in green technologies such as renewable energy, electric vehicles and lithium-ion batteries. Stefania rightly points out that, by demanding that China curtail…

Internationalist 360 ∞ (2024-05-03). NAMRU-6: A Threat to Latin America. libya360.wordpress.com Misión Verdad NAMRU-6 receives visit from the U.S. Ambassador to Peru, Lisa Kenna. BSL-3 containment laboratories are designed to work with risk group 3 microorganisms, which include parasitic infections such as malaria and leishmaniasis, viral and bacterial diseases. The existence of US biolaboratories in Peru poses a risk to the entire region. Namru-6 is a…

Adam Fishbein (2024-05-03). Economy Matches Late 1960s Low Unemployment Streak. cepr.net The economy had its 27th consecutive month of below 4.0 percent unemployment in April. This matches the streak from November 1967 to January 1970, often viewed as one of the most prosperous stretches in US history. It was a period when jobs were plentiful, real wages were rising rapidly, and prosperity was broadly shared as …

MEE staff (2024-05-03). UK Labour Party position on Gaza blamed for Oldham election loss. middleeasteye.net

Juan Pablo Cárdenas (2024-05-03). Why shy away from political reform? pressenza.com To give priority to other legal initiatives, President Boric has refused, for the time being, to undertake the political reforms necessary for the consolidation of democracy. However, this postponement will certainly lead to municipal and legislative elections that will perpetuate the existing vices and abuses that prevent the full exercise of popular sovereignty. The experience of recent years shows the urgent need to adopt reforms that will put the brakes on elite politics and give citizens a greater say in the political, economic, and cultural development of the nation. | It is a matter of reviewing what has h…

Global Research News (2024-05-03). Selected Articles: The Hidden Messages of the Power Elite's Cultural Apparatus. globalresearch.ca By There is a reason the 19th century America industrialists such as Vanderbilt, Mellon, Carnegie, Rockefeller, et al. were called "The Robber Barons." They were …

newleftreview (2024-05-03). Rob Lucas: From Thick to Thin. newleftreview.org Rob Lucas on Lorraine Daston, Rules. A historian of science tackles the thinning of 'rules': how paradigms to play with became regulations and algorithms to obey.

newleftreview (2024-05-03). Nick Burns: Student Debt in American Society. newleftreview.org The intense debate around American student loans has largely been cast in moral terms—fairness, forgiveness, desert. Nick Burns instead provides a hard-headed analysis of the political and economic interests that built a credit pyramid out of higher education.

Alasdair Baverstock (2024-05-03). Shein, world's largest fashion retailer, expands in Mexico. america.cgtn.com E-commerce is more and more becoming the go-to method for shopping, as merchants who don't offer online purchases find themselves left behind. And more small and medium-size retailers are now getting a boost from online business — through a new program from a major player in the fashion world. | CGTN's Alasdair Baverstock reports.

Nicholas Spiro (2024-05-03). Hong Kong's stock market rebound: dead cat bounce or durable recovery? scmp.com Technical factors, like the unwinding of the 'Asia ex-China' trade, seem to be driving Hong Kong's stock rally, as opposed to underlying fundamentals. In the longer run, the narrative around China's economy and markets has to brighten considerably if Hong Kong stocks are to continue their recovery.

cpj.org (2024-05-03). CPJ rings opening bell at Nasdaq in recognition of World Press Freedom Day. cpj.org New York, May 3, 2024 — The Committee to Protect Journalists (CPJ) was joined by press freedom supporters to ring the opening bell Friday at the Nasdaq MarketSite in Times Square in commemoration of World Press Freedom Day. The bell ringing ceremony was led by Kristina Ayanian, host at Nasdaq Listings. Ahead of the bell…

ecns.cn (2024-05-03). Comicomment: U.S. Section 301 investigation, brazen bullying on trade. ecns.cn The petition for the Section 301 investigation initiated by the United States into China's maritime, logistics, and shipbuilding sectors is full of false accusations. In the realm of international trade, the U.S. sets barriers to serve its own interests, breaching WTO rules and hindering the global economy.

ecns.cn (2024-05-03). Deepening of reform to top plenary agenda. ecns.cn The Communist Party of China Central Committee will hold its third plenary session in July in a significant move to comprehensively deepen reform and advance Chinese modernization, according to a decision made at a key Party meeting on Tuesday.

newleftreview (2024-05-03). Lorna Finlayson: On Lesser Evilism. newleftreview.org The standard argument for backing hawkish centre-left parties remains the 'lesser evil'. Lorna Finlayson interrogates that line of reasoning and the assumptions on which it rests: crude consequentialism, narrow minded electoralism and covering up the realities of Starmer's Labour.

newleftreview (2024-05-03). Michael Mann: Explaining the Irrationality of War. newleftreview.org Drawing on eight years of comparative-historical research, Michael Mann overturns accepted wisdom on the bellicosity of democracies, the economic grounds for war and the rational calculations of states in a rivalrous world system.

Associated Press (2024-05-03). UK Conservatives suffer big losses in local elections as Labour appears headed for power. scmp.com Britain's governing Conservative Party is suffering heavy losses as local election results pour in Friday, piling pressure on Prime Minister Rishi Sunak ahead of a UK general election.

Prem Sikka (2024-05-03). Here's why rising child poverty is a political choice. leftfootforward.org A nation's wealth and greatness is not measured by the number of billionaires but by how well it takes care of its children and weakest members…

Editor (2024-05-03). Ultra-processed food: The profitable filth capitalism feeds us. mronline.org In general, the discussion around diet today is a monotonous sermon.

Ilya Budraitskis, Kirill Medvedev, Sasha Davydova (2024-05-03). Socialism outlawed? On the declaration of the Russian Socialist Movement as a 'foreign agent'. links.org.au On April 5, 2024, the Russian Socialist Movement was declared "foreign agent." Ilya Budraitskis, Kirill Medvedev and Sasha Davydova look at the history of the movement.

newleftreview (2024-05-03). Kohei Saito: Greening Marx in Japan. newleftreview.org The Japanese context of decades-long economic stagnation has helped to generate an unexpected reading of Marx as a proto-degrowth proponent. Kōhei Saitō discusses his novel synthesis of Kuruma School historical materialism, German philology and American eco-socialism.

ecns.cn (2024-05-03). Data points to modest momentum for growth. ecns.cn China's manufacturing activity expanded for the second consecutive month in April, official survey results showed on Tuesday, pointing to a modest recovery in China's growth momentum, thanks to policy support and a gradual recovery in domestic demand.

Jeffrey Wu (2024-05-03). How progress, not just profit, drives China's approach to industry. scmp.com Rather than being out to undermine economies around the world, China's economic policy is based on foresight, efficiency and commitment to scale. Decoupling would not only disrupt supply chains but increase the cost of the global energy transition amid our ongoing climate struggle.

The Independent (2024-05-03). Who is really betting against America? independent.co.ug When China is making the world cleaner by providing quality electric vehicles (EVs) to global consumers, what has the United States been doing other than pointing the finger at China? Beijing, China | Yi Xin | In her recent trip to China, U.S. Treasury Secretary Janet Yellen repeatedly blasted Beijing's industrial "overcapacity" for threatening the global …

ecns.cn (2024-05-03). China eyes closer economic links with GCC. ecns.cn Amid shifting global dynamics, China and the Gulf states are forging deeper economic connections, particularly in renewable energy, financial markets, and electric vehicles, experts have said.

ecns.cn (2024-05-03). Pakistan aims for economic recovery. ecns.cn Pakistan is navigating the challenging process of economic recovery, with the new government making some progress in pushing structural reforms, experts say.

ecns.cn (2024-05-03). IMF raises growth forecast for Asia-Pacific. ecns.cn The International Monetary Fund has raised its growth forecast for the Asia-Pacific this year to 4.5 percent, largely based on improved outlooks for China and India.

ecns.cn (2024-05-03). Experts: 'Overcapacity' claim to damage global industrial development. ecns.cn Implementing protectionist policies to restrict so-called overcapacity, which limits market competition and protects backward production capacity, will cause serious damage to global industrial development and the home country, Wenhui Daily reported on April 21, quoting experts.

Anand Naidoo (2024-05-03). The Heat: Global Economy. america.cgtn.com

ecns.cn (2024-05-03). 20th CPC Central Committee to hold its third plenary session in July. ecns.cn The third plenary session of the 20th Communist Party of China (CPC) Central Committee will be held in Beijing in July, according to a decision made at a CPC Central Committee Political Bureau meeting on April 30.

Mukhammadsodik Donaev (2024-05-03). Uzbekistan's new vehicle import regulations risk strengthening its most notorious monopoly. globalvoices.org

Ralph Jennings (2024-05-03). Taiwan, US enter 'harder' phase of trade talks as mainland China bristles. scmp.com Trade talks between Taiwan and the United States for a phase-two deal have begun, with progress likely to be 'harder', analysts say, as more contentious topics fall under the microscope.

Editor (2024-05-03). Ecological crisis and the role of the working class. mronline.org The agents of such a holistic revolution to save Mother Earth are not simply the working class in a traditional economic sense, but also the 'ecological proletariat', a dedicated army of an ecologically conscious working class, writes Rana Mitra.

Hannah Davenport (2024-05-03). Who is Kim McGuinness, the first North East Mayor? leftfootforward.org Labour's Kim McGuinness has been announced as the new North East mayor, the first person to hold the new role which will represent around two million people in the region. | She won with 41.3% of the vote, beating Independent candidate Jamie Driscoll who won the North of Tyne mayoralty for Labour in 2019. The North Tyne mayoralty will now be absorbed into the larger North East mayor's role. Driscoll received 28.2% of the vote. | McGuinness was the serving Northumbria Police and Crime Commissioner since summer 2019 and a former councillor in Newcastle. | The 38 year-old grew up in the West End of Newcastle, he…

ecns.cn (2024-05-03). Insights丨Erik Solheim: China's industrial ecosystem and highly-educated working class promote strong economic growth. ecns.cn China's GDP growth rate in the first quarter of 2024 beat market expectations to reach 5.3 percent. What help China maintain its strong economic growth? And what can be learned?

Reuters (2024-05-03). Singapore, Malaysia to get visit from US treasury official to discuss sanctions on Iran, and Russian oil. scmp.com Brian Nelson, the Treasury's undersecretary for terrorism and financial intelligence, will visit the region as Washington looks to combat funding for Iran and its proxies as well as evasion of its sanctions on Russia.

Margaux Hourigat (2024-05-03). LEGAL AND ADMINISTRATIVE PROFESSIONAL – fixed-term contract. fidh.org FIDH (International Federation for Human Rights) is an international human rights NGO. Since 1992, it has been committed to defending all civil, political, economic, social and cultural rights as defined in the Universal Declaration of Human Rights. It brings together 188 national human rights organizations from 112 countries. FIDH is looking for a legal and administrative support professional for the Americas office in the framework of the EU project: "Strengthening of civil society (…) | – |

CADTM International (2024-05-03). The CADTM Denounces the Lack of Action on Climate Change and the Neoliberal Approach of the Bretton Woods Institutions. cadtm.org

Sushovan Dhar (2024-05-03). India : popular movements, not elections, will bring transformative change. cadtm.org With the exception of a brief period, India has been more fortunate than many other nations in being able to maintain parliamentary rule over the last 77 years. With 900 million voters—more than the populations of Europe and Australia put together—the Indian elections are hailed as the largest exhibition and celebration of democracy. The nation's economic growth over the past 30 years —one of the fastest in the world—also makes the elections noteworthy on a global scale.
| India is undoubtedly at (…) | – | /…

Michael Roberts (2024-05-03). Further thoughts on the economics of imperialism. cadtm.org

Maria Elena Saludas (2024-05-03). Towards the 6th International Ecosocialist Meeting. cadtm.org

newarab (2024-05-03). Google, Amazon slammed for being 'genocide profiteers'. newarab.com Google and Amazon have been slammed for being "genocide profiteers with blood on their hands" following a report that revealed No Tech for Apartheid, a pro-Palestine campaign group,

newarab (2024-05-03). Schools, offices shut as heavy rain returns to desert UAE. newarab.com Schools and many offices were closed across the A lightning storm with high winds swept across the oil-rich monarchy overnight, with more than 50 millimetres (two inches) of rain falling before 8am (4am GMT) in some areas, the National Center of Meteorology said. | Flooding was seen in some parts of financial hub

newarab (2024-05-03). Prisoner families staging sit-in arrested in Bahrain. newarab.com Riot police arrested a number of people staging a sit-in protest outside According to the London-based non-profit organisation, Bahrain Institute for Rights and Democracy (BIRD), the protest was peaceful but was quickly dispersed. | The protest was launched at around 10 a.m. Bahrain local time, with the families chanting for the release of prisoners, some of whom they say were on death row. | "At least two women were arrested, and later calle…

presstv.ir (2024-05-03). Turkey says suspending all trade with Israel over war on Gaza. presstv.ir Turkey says it is suspending all trade with Israel until it allows aid to enter Gaza unhindered during its invasion of the besieged territory.

presstv.ir (2024-05-03). Iran-Africa path toward a shared future. presstv.ir Through improving its economic footprint in Africa, Iran can be assured a reliable market for its goods.

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