Daily Archives: May 9, 2024

2024-05-09: News Headlines

Ben Norton, Geopolitical Economy. (2024-05-09). US Politicians Threaten To Invade International Criminal Court. popularresistance.org US government officials have threatened the International Criminal Court (ICC) at the Hague, telling its Prosecutor Karim Khan that if he issues arrest warrants against Israeli officials over their war crimes in Gaza, the US government could impose sanctions on him, other ICC personnel, and their family members. | US senators even threatened to invade the Hague if it tries to prosecute Israeli officials. | This April, Israel's extreme-right Finance Minister Bezalel Smotrich, a prominent member of the state security cabinet, called for "total annihilation" of Gaza.

The Peoples Art Institute, Left Voice. (2024-05-09). The People's Art Institute Denounces Police Attack On Student Encampment. popularresistance.org The People's Art Institute, constituted by SAIC students, announced our encampment situated in the AIC's North Garden, on Saturday morning, May 4, at 11: 30 A.M. The goals of the encampment were clear: to stand in solidarity with the Palestinian people and to demand SAIC and AIC divest from entities profiting off of the occupation and genocide in Palestine. | Students began setting up and by 12: 05 P.M., CPD was onsite and an arrest warning was issued. CPD started kettling protestors on the sidewalk at the corner of Monroe and Michigan and removed them from the North side of the garden with extreme force.

Abdul Rahman, People's Dispatch. (2024-05-09). Pakistani Farmers Launch A Nationwide Movement. popularresistance.org Thousands of farmers in Pakistan have launched a nationwide movement demanding increased government procurement of wheat. The campaign will kick off with national mobilizations on Friday, May 10, Khalid Khokhar, the leader of Pakistan Kissan Ittehad (Pakistan Farmer Movement or PKI), a united body of most of the farmers' unions in the country, said in a press conference on Sunday. | The mobilizations are set to kick off in Multan, Punjab and would be a continuation of the last month's agitation in several parts of the country. Khokhar claimed that an even greater number of farmers' organizations and groups would…

Jerry Grey, Black Agenda Report. (2024-05-09). The State Department Report On Human Rights. popularresistance.org There's plenty of media coverage on what he came for, and the messages he wanted to deliver but the main thrust of his first day was the wave of media reports on what he felt about China's human rights record. | In a 1283-word preface, signed by Blinken there are 49 words related to China but these 49 words achieved all the media attention. They were: | The Report documents ongoing grave human rights abuses in the People's Republic of China (PRC). For example, in Xinjiang, the PRC continues to carry out genocide, crimes against humanity, forced labour, and other human rights violations against predominantly Musli…

Andrea Levy, André Frappier, Canadian Dimension. (2024-05-09). The Student Intifada Rises At Montréal Universities. popularresistance.org Students from all four Montréal universities came together over the last week to express their solidarity with the Palestinian people and pressure their institutions to cut ties with Israel. Following the lead of the camps protests in the United States, they set up an encampment on the grounds of McGill University on April 27, calling for a ceasefire and demanding that Montréal's halls of higher learning disclose their investments in companies complicit with the genocide in Palestine and divest from those companies, in addition to cutting ties with Israeli academic institutions. | In the specific case of McGill U…

Ellen Brown (2024-05-09). Tackling California's Budget Crisis: Raise Taxes, Cut Programs, or Form a Bank? dissidentvoice.org In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst's Office, this surplus has plummeted to a record budget deficit of $73 billion. Balancing the budget will be challenging. Unlike the federal government, the state cannot just drive up debt and roll it …

WSWS (2024-05-09). Australian youth and students call for immediate release of Ukrainian socialist Bogdan Syrotiuk. wsws.org "Alongside Bogdan's arrest, students protesting against Israel's genocide in Gaza are being suppressed around the world."

Vijay Prashad (2024-05-09). Youth rebellion over Gaza illuminates the wretchedness of capitalism. peoplesworld.org It was inevitable that global North governments' full-throated support for Israel's genocide against Palestinians would result in furious retribution from their citizenry. That this retribution began in the U.S. is also not a surprise, given the ongoing cycle of protests that, since October 2023, have contested the U.S. government's blank check to the Israeli government. …

Martha Grevatt (2024-05-09). May Day hits bank for investment in genocide. workers.org The Cleveland May Day Coalition held a demonstration on May 1 outside Key Bank's downtown headquarters, protesting the bank's $30 million investment in Israel bonds. The theme was "Divest from genocide, invest in our community. Workers' rights + human rights = key to a just future." The Coalition kept the . . . |

David Hill, Christine Whit (2024-05-09). Cozy with lobbyists: Ohio county negligent in managing $33 million Israel Bonds debt. peoplesworld.org Read earlier articles in this series: > Bad investment: Ohio county treasurer sinks public money into Israeli government bonds > Ohio: Franklin County treasurer attends Netanyahu meeting, steps up Israel Bond purchases COLUMBUS, Ohio—Representatives of Israel Bonds maintain frequent and close contact with Franklin County Treasurer Cheryl Brooks Sullivan and members of her staff, according …

Staff (2024-05-09). President Maduro Meets with Communist Party Delegation From China. orinocotribune.com The president of Venezuela, Nicolás Maduro, held a meeting with a delegation of the Central Committee of the Communist Party of China (CPC), led by the vice minister of the International Department of the party, Chen Zhou. | In the meeting, reported by a Venezuelan presidency press release this Wednesday, May 8, the Venezuelan head of state was accompanied by First Lady Cilia Flores; Deputy Nicolás Maduro Guerra; the vice minister for Latin America of the Ministry of Foreign Affairs of Venezuela, Rander Peña; and the vice minister for Asia, the Middle East, and Oceania, Tatiana Pugh. | On the Chinese side, Zhou w…

A Guest Author (2024-05-09). Humboldt and Gaza — Berlin Bulletin #222. workers.org By Victor Grossman Berlin This is No. 222 of the Berlin Bulletin, which Victor Grossman has been writing for decades. Grossman left the U.S. Armed Forces in the early 1950s by swimming to the Soviet Zone from the U.S.-occupied zone of Vienna, Austria. The Soviet authorities took him to East . . . |

Dave DeCamp (2024-05-09). Democrats Protect Speaker Johnson From Greene's Effort To Oust Him. news.antiwar.com House Democrats protected House Speaker Mike Johnson (R-LA) from Rep. Marjorie Taylor Greene's effort to oust him on Wednesday after he pushed forward $95 billion in foreign military aid spending, including $61 billion for the Ukraine proxy war. The House voted overwhelmingly 359-43 to table Greene's effort, with only 32 Democrats and 11 Republicans voting …

Bill Conroy (2024-05-09). Student encampments are the laboratory of our future. indybay.org Importantly, in the case of this student movement, it should not be lost on anyone that part of the reason it has been so easily attacked by ill-intentioned critics and demonized in the media and elsewhere is because it is largely composed of and led by people of color. Until we see racism through the prism of power, we will never fully get it.

Dean Baker (2024-05-09). CNN Says Wages are Skyrocketing! counterpunch.org Actually, CNN wouldn't say that, or at least not directly. What it said, in yet another major piece on how the economy is awful, is that prices are skyrocketing: "The mix of local residents visiting the Enfield Food Shelf in Connecticut has changed a lot in the last few years. "Prior to the Covid-19 pandemic,

Rhoda Wilson (2024-05-09). Palm payment systems linked to IDs are being rolled out in retail outlets in USA and UAE. expose-news.com New deployments, technologies and markets are driving the implementation of biometric payment systems for in-store and online purchases. Formula 1 racing's Miami Grand Prix is expanding biometric payments for fans. Qualcomm is …

latintimes (2024-05-09). US Forges New 'Battery Belt' In Hopes Of Electric Future. latintimes.com The United States is seeing an investment surge as President Joe Biden pushes to rebuild "hollowed out" industrial communities and grow domestic supply chains in key sectors like electric vehicles (EVs), batteries and semiconductors.

latintimes (2024-05-09). Urgent response: Nonprofit fights surge in fentanyl overdoses among U.S. Latinos. latintimes.com Between 2007 and 2019, fatal overdoses among Latinos from opioids mixed with cocaine rose 729%. They have risen 4,600% when mixed with methamphetamines…

latintimes (2024-05-09). Bank Of England Set To Hold Rate At 16-year High. latintimes.com The Bank of England was set Thursday to keep its main interest rate at a 16-year high, resisting a cut as UK inflation cools at a slower pace than forecast.

latintimes (2024-05-09). Chinese City Lifts Curbs On Buying Homes As Property Crisis Bites. latintimes.com One of China's wealthiest cities said Thursday it would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

MEE staff (2024-05-09). UK: Labour's David Lammy suggests Mandela would oppose Gaza student protests. middleeasteye.net

Ileana Ferrer Fonte (2024-05-09). Cuban president has busy agenda in Russia. plenglish.com Moscow, May 9 (Prensa Latina) The President of the Republic and First Secretary of the Central Committee of the Communist Party of Cuba (PCC), Miguel Diaz-Canel, concluded a busy work agenda on the second day of his visit to Russia.

Oraily Madruga Rios (2024-05-09). Cuba seeks more cooperation with Eurasian Economic Union. plenglish.com Moscow, May 9 (Prensa Latina) President Miguel Díaz-Canel on Wednesday ratified Cuba's willingness to increase its participation in the development of the mechanisms of the Eurasian Economic Union (EEU).

WSWS (2024-05-09). Roger Waters calls for release of Ukrainian Trotskyist Bogdan Syrotiuk. wsws.org In recent days, the campaign for the release of the Ukrainian Trotskyist Bogdan Syrotiuk, who was arrested by the Ukrainian Secret Service (SBU) on April 25 for his socialist opposition to the far-right Zelensky government and the NATO-instigated war between Russia and Ukraine, has gathered momentum.

WSWS (2024-05-09). Genuine socialism will triumph in Ukraine. wsws.org This is the text of the introductory speech delivered by Maxim Goldarb, head of the Union of Left Forces — For a New Socialism party, to the 2024 International May Day Online Rally.

WSWS (2024-05-09). Australian state Labor government austerity budget targets health, education, social services. wsws.org The austerity budget is another demonstration of the ruthlessly pro-business, anti-working class character of the Victorian state Labor government.

WSWS (2024-05-09). New bans on Huawei: Another shot in Biden's economic war on China. wsws.org The rise of Chinese hi-tech companies such as Huawei highlight the historic decline of US imperialism which is prepared to resort to all methods to maintain its global economic and military dominance.

newleftreview (2024-05-09). Sahra Wagenknecht: Condition of Germany. newleftreview.org Interview with a prominent leader of the German left on the state of her country, currently the epicentre of converging crises—geopolitical, economic, environmental. With politics swerving right under an SPD-led government, flux and refoundation on the left.

Coco Feng (2024-05-09). TikTok to expand e-commerce business into Mexico and major Western European markets amid scrutiny in the US, EU. scmp.com The popular social media platform has started to invite merchants for a beta run of TikTok Shop in Mexico, France, Germany, Italy and Spain.

Prof Zhang Jun (2024-05-09). Why China's diversified economy garners both praise and criticism. scmp.com China has achieved economic success not just through repurposing Western technology but by rapidly upgrading and adapting it. Top-down management coexists with local autonomy and bottom-up innovation in the Chinese industrial ecosystem.

newleftreview (2024-05-09). Oliver Eagleton: Stakeholder Capitalism, Again. newleftreview.org Oliver Eagleton on Will Hutton, This Time No Mistakes. Lessons for the incoming Labour government on humanizing British capitalism, from a proselytizer of Blair's Third Way.

Communist Party of India Marxist-Leninist Liberation (2024-05-09). Communist Party of India (Marxist-Leninist) Liberation: The dictator is down, throw him out! links.org.au CPI(ML) Liberation — The first two phases of the ongoing Lok Sabha elections have set the tone and direction of these elections. We the people of India must now take it forward to ensure a clear victory…

ecns.cn (2024-05-09). China opposes U.S. sanctions against Chinese companies over Russia. ecns.cn China will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises victimized by the recent U.S. sanctions, the Ministry of Commerce said on Thursday.

Arjun Singh (2024-05-09). What A Fracking CEO's Text Messages Tell Us About Inflation. levernews.com

ecns.cn (2024-05-09). China's foreign trade in first four months hits 13.81 trillion yuan. ecns.cn China's trade in goods in the first fourth months of 2024 recorded an increase of 5.7 percent year-on-year to reach 13.81 trillion yuan ($1.91 trillion), data from China's General Administration of Customs (GAC) showed on Thursday.

Agence France-Presse,Associated Press (2024-05-09). Panama Papers law firm co-founder Ramon Fonseca dies in hospital, lawyer says. scmp.com Ramon Fonseca, a partner in the law firm at the centre of the Panama Papers scandal over the hiding of wealth in offshore entities, has died. He was 71.

ecns.cn (2024-05-09). Serbian blueberries to be imported to China. ecns.cn Serbia-produced fresh blueberries that meet requirements will be allowed to be imported to China with immediate effect, China's General Administration of Customs (GAC) announced on Thursday.

The Independent (2024-05-09). Kenya's agritech startup iProcure placed under administration. independent.co.ug At least 10 Kenya-based startups, including Notify Logistics, WeFarm and Kune, have shut down since 2021 because of worsening macroeconomic conditions ANALYSIS | ADONIJAH NDEGE | iProcure, the Kenyan agritech startup backed by Safaricom's Spark Fund, is now under administration after failing to settle undisclosed debts. KPMG's advisory arm has been appointed the administrator and tasked …

ecns.cn (2024-05-09). China's foreign trade up 5.7% in first 4 months. ecns.cn China's foreign trade of goods went up by 5.7 percent year-on-year in the first four months of this year, customs data showed on Thursday.

ecns.cn (2024-05-09). China signs AEO mutual recognition deals with Burundi, Iceland to boost trade. ecns.cn China has signed Authorized Economic Operator (AEO) mutual recognition agreements with Burundi and Iceland in Shenzhen city, South China's Guangdong Province, on Thursday to boost trade with the two countries.

Nicholas Spiro (2024-05-09). A strong US dollar could bring Asia more pain, especially if Trump wins. scmp.com The prospect of 'higher for longer' interest rates and a 'stronger for longer' US dollar has hit Asian markets particularly hard, with Japan an extreme example. The only way the dollar will fall meaningfully is if the US economy slows sharply and the Fed cuts rates sooner and at a faster pace than markets expect.

Wang Wen (2024-05-09). No good reason for Europe to follow the US' China containment strategy. scmp.com Europeans' sense of autonomy, the political lurch to the right and the urgent need for economic recovery are just a few factors suggesting Europe will break free from US-centric thinking.

tn.ai (2024-05-09). Tehran to Host Iran-Turkey Joint Economic Cooperation Commission. tn.ai TEHRAN (Tasnim) — Iran's minister of roads and urban development said the meeting of the Iran-Turkey Joint Economic Cooperation Commission will be held in Tehran within the next weeks.

teleSUR, JDO (2024-05-09). Venezuela felicita a Rusia y Belarús por Día de la Victoria. telesurtv.net Cada 9 de mayo se evoca el triunfo de la entonces Unión de Repúblicas Socialistas Soviéticas sobre el fascismo alemán, del que se cumplen 79 años.

teleSUR, nbb, JGN (2024-05-09). Cuba y Türkiye se comprometen a fortalecer sus relaciones. telesurtv.net Durante la conversación, se destacó la intención de extender y variar las conexiones comerciales y de colaboración entre ambos países.

teleSUR, DRL (2024-05-09). Cuba pide mayor participación en Unión Euroasiática. telesurtv.net Agradeció la amistad de la Unión Económica Euroasiática en la lucha contra el bloqueo impuesto por Estados Unidos a Cuba.

CADTM International (2024-05-09). The CADTM Denounces the Lack of Action on Climate Change and the Neoliberal Approach of the Bretton Woods Institutions. cadtm.org

Maria Elena Saludas (2024-05-09). Towards the 6th International Ecosocialist Meeting. cadtm.org

Sushovan Dhar (2024-05-09). 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 (2024-05-09). Further thoughts on the economics of imperialism. cadtm.org

Eric Toussaint (2024-05-09). The World Bank and the IMF: the creditors' bailiffs. 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 (…) | – | / |

presstv.ir (2024-05-09). Oxford students protest against Gaza genocide. presstv.ir Students at Oxford University protest against the war in Gaza, demanding divestment from, and a boycott of, Israeli institutions that profit from the genocidal war.

hindustantimes (2024-05-09). Despite Putin's 'You'll Lose More' Threat, EU To Give Ukraine Profits From Frozen Russian Assets. hindustantimes.com On May 8, the EU agreed to use profits from Russia's frozen assets to fund aid for Ukraine. The decision was taken during a meeting of EU diplomats, as per the UK outlet The Guardian. The group reached a compromise on using an estimated ‚Ǩ4.4 billion profit to help Ukraine. The final amount that will go to Kyiv will likely be evident in July, as per The Guardian. Watch for more. INTERNATIONAL NEWS…

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