Daily Archives: May 10, 2024

2024-05-10: News Headlines

Ryan McCarty, Left Voice. (2024-05-10). University Of Michigan Protestors Keep Focus On Genocide In Gaza. popularresistance.org It's hard to believe that the encampment at the University of Michigan where students are protesting the university's financial complicity in the ongoing genocide in Gaza is only two weeks old. Since establishing the encampment, the broad coalition, led mostly by graduate student organizers but supported by undergrads, faculty and staff, and community members, has grown tremendously. Over the last two weeks they have increased their actions, demanding the University divest from companies that profit from Israel's occupation of Palestine and war on Gaza. | Over the last two weeks, camp activity has prioritized edu…

Julianne Tveten, Fairness, Accuracy in Reporting. (2024-05-10). TikTok Law Is An Attempt To Censor, Not A Warning To Big Tech. popularresistance.org As US lawmakers' agitation over TikTok culminates in a law that threatens a nationwide ban if the social media platform isn't sold to a US buyer within nine months, an emergent media narrative finds a silver lining. Every legislative move targeting TikTok, the story goes, has the potential to inspire much-needed regulation of tech behemoths like Meta, Amazon, Google and Apple. | But by conflating the US's legal treatment of TikTok—a subsidiary of the Beijing-based ByteDance—with that of its own tech industry, media obscure the real reasons for the law's passage. This was apparent in a New York Times p…

WSWS (2024-05-10). Australian political, media establishment threatening pro-Palestinian student encampments. wsws.org Labor government figures and media commentators are increasingly explicit that their denunciations of the small student encampments are only part of a broader campaign to ban all protests against the genocide.

MEE staff (2024-05-10). Mandela's grandson rebukes Labour's Lammy for Gaza protest criticism. middleeasteye.net Mandela's grandson rebukes Labour's Lammy for Gaza protest criticism | Nkosi Zwelivelile Mandela says the UK shadow foreign secretary should stop being 'an apologist for the ongoing genocide' and heed his grandfather's words | | David Lammy addresses delegates on the second day of the annual Labour P…

WSWS (2024-05-10). Australia: Unions at May Day rally cover up Labor's complicity in Gaza genocide. wsws.org Speakers at the Sydney rally once again promoted the fraud that the federal Labor government that has backed Israel's barbaric war for seven months can be pressured to change course.

Agence France-Presse (2024-05-10). Israel-Gaza war: Trump accuses Joe Biden of siding with Hamas over US president's warning to halt arms shipments. scmp.com Donald Trump said "What Biden is doing with respect to Israel is disgraceful," in reference to the president's threat to stop sending weapons to Israel as it wages war against the Palestinian militant group in Gaza.

geo.tv (2024-05-10). Dubai named richest Middle Eastern city, New York tops list of wealthiest. geo.tv New York's residents are worth more than $3 trillion…

latintimes (2024-05-10). UK Economy Exits Recession Ahead Of Election. latintimes.com Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.

latintimes (2024-05-10). Apple Apologizes For IPad 'Crush' Ad After Backlash. latintimes.com Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists.

Ileana Ferrer Fonte (2024-05-10). China condemns unilateral US sanctions on its firms. plenglish.com Foreign Ministry Spokesperson Lin Jian stressed the legitimate right of China and Russia to engage in usual economic and trade cooperation, which should not be interfered with or restricted. | The spokesperson also underscored the constant US crackdown on Chinese companies under the pretext of "national security risks" without providing any evidence. | He urged Washington to halt the generalization of this concept and stop politicizing, exploiting, and militarizing economic, trade, and technology issues. | "China will continue to take necessary steps to defend firmly, the legitimate rights and interests of its e…

Redacción Chile (2024-05-10). The BRICS — Is another world possible? pressenza.com The BRICS is the name given to the group of five countries that began to form this group and to work consensually in areas such as trade, investment, technology, and finance, to promote their common interests on the world stage, seeking to counter the hegemony of other international institutions such as the G7 or the World Bank. The group was formally established in 2006 when the leaders of the member countries met in New Delhi, India. In 2010, South Africa joined the group to form what is now known as BRICS (Brazil, Russia, India, China, and South Africa). | By Felix Madariaga | The BRICS are seen by many as an…

teleSUR (2024-05-10). Venezuelan President Finances Over 41,000 Female-Led Ventures. telesurenglish.net On Thursday, the Venezuelan President Nicolas Maduro led the "Great Meeting of Entrepreneurial and Productive Mothers" held in Barcelona City, in the state of Anzoategui. | RELATED: | From the Liberators Square, he announced the granting of 2,917 financing for local commerce, production, and services enterprises, a policy whose objective is advancing the positioning of women as independent economic agents. | The meeti…

WSWS (2024-05-10). The return of fascism and war in Germany and the fight for socialism. wsws.org This is the text of the speech delivered by Christoph Vandreier, the national secretary of the Sozialistische Gleichheitspartei (Germany), to the 2024 International May Day Online Rally.

WSWS (2024-05-10). Jobs assault deepens, while report says workers' share of national income has fallen to 55 percent. wsws.org Weekly unemployment in the US jumped by more than 10 percent, while the Bureau of Labor Statistics reported that the share labor receives of national income has fallen to an unprecedented 55.8 percent as of the first quarter of 2024.

WSWS (2024-05-10). 'Strikes and industrial labor action … can actually make a difference,' student at Cal State Los Angeles Gaza encampment tells WSWS. wsws.org Jake, a history student at California State University, Los Angeles, recently spoke with the World Socialist Web Site about the Gaza solidarity encampment established on campus last week.

WSWS (2024-05-10). For a UAW-wide strike against the police attack on campuses! Autoworkers must defend the right to protest! wsws.org The only way to stop the war and defend our rights is by taking matters into our own hands as the working class, who create all of society's wealth.

WSWS (2024-05-10). South Korean opposition party pledges phony reforms. wsws.org Workers face high inflation, falling wages, and mass layoffs while the Democrats collaborate with the unions to suppress the class struggle.

ecns.cn (2024-05-10). Two Chinese mega-cities lift curbs on buying homes to shore up real estate market. ecns.cn Two Chinese mega-cities, Hangzhou in East China's Zhejiang Province and Xi'an in Northwest China's Shaanxi Province, said on Thursday they would lift all home purchase restrictions to shore up the local real estate market and boost market confidence.

newleftreview (2024-05-10). 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.

The Independent (2024-05-10). AI is disrupting the creative industry and legislation will be critical in protecting ownership. independent.co.ug COMMENT | JULIUS KYAZZE | Pause for a moment and imagine listening to radio and a new song by the legendary 'kadongo kamu' singer, Paul Kafeero, comes on. Kafeero who has been dead for the last 17 years. The song is off his 2024 album on which he has collaborated with Winnie Nwagi, Eddy Kenzo …

ecns.cn (2024-05-10). China allows the import of Hungarian fresh cherries that meet relevant requirements. ecns.cn China's General Administration of Customs (GAC) announced on Friday that it has allowed, effective immediately, the import of Hungarian fresh cherries that meet relevant requirements.

ecns.cn (2024-05-10). Insights | 'Most important partner': former Serbian senior diplomat spoke highly of Serbia-China ironclad friendship. ecns.cn Serbia has perceived China as the most important partner in modernizing its economy, said Zivadin Jovanovic, president of the Belgrade Forum for a World of Equals and Silk Road Connectivity Research Center and former Serbian senior diplomat, during an interview with China News Network recently.

ecns.cn (2024-05-10). China-U.S. trade remains stable in first four months of 2024. ecns.cn The U.S. remained as China's third largest trade partner in the first four months this year, with the total trade volume between the two countries rising by 1.1 percent year-on-year.

Daniel Wagner (2024-05-10). Contain China? Washington, that ship has sailed. scmp.com Unlike the Soviet Union in the 1980s, China has a highly diversified economy and capable defences making it unlikely to collapse or be contained. Despite what some pundits in Washington may believe, much of the world would not readily join the US in a war or containment strategy against China…

ecns.cn (2024-05-10). China urges U.S. to create enabling environment for bilateral cooperation: FM. ecns.cn China urged the U.S. to create an enabling environment for bilateral relations and cooperation across various fields, noting that the generalization of the concept of national security will finally harm its own interests.

Agence France-Presse (2024-05-10). UK economy exits recession ahead of election. scmp.com Britain exited a shallow recession with better-than-expected growth in the first quarter, in a boost to embattled Prime Minister Rishi Sunak.

ecns.cn (2024-05-10). Exports seen rising on upgrades, e-commerce. ecns.cn Chinese manufacturers' ongoing green transformation and industrial upgrade will bolster export growth this year despite numerous challenges in the global economic climate, said government officials and exporters on Thursday.

Ralph Jennings (2024-05-10). China scouts Hungary to power EV battery production and sell to wider, warier EU. scmp.com As China looks to tap Europe's vast market for lithium batteries, Hungary has become an attractive destination for production to make logistics simpler — and bypass EU trade investigations.

newleftreview (2024-05-10). 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.

ecns.cn (2024-05-10). Market lauds realty policy easing in Hangzhou, Xi'an. ecns.cn By taking the lead among major cities in scrapping all restrictions on homebuying, Hangzhou and Xi'an have set the tone in terms of effecting measures that boost market confidence and help the market to stabilize…

ecns.cn (2024-05-10). Envoy: China's South-South advocacy boosts trade, investment. ecns.cn China's ambassador to the United Nations on Thursday emphasized that the country will persist as a strong advocate for South-South cooperation and support its trade and investment for sustainable development.

GABIK (2024-05-10). Warning against Employment Equity misrepresentation. sanews.gov.za Warning against Employment Equity misrepresentation | The Department of Employment and Labour has warned employers against misrepresenting their Employment Equity (EE) status. | The department's Statutory and Advocacy Services Chief Director, Advocate Fikiswa Bede, said a number of employers risk being taken to courts over misrepresentation on their employment equity status. | Bede said, in addition to imposing fines, the department will also be taking a number of employers to court and lay criminal charges. | "The Employment Equity Act allows us to go to court. I hope no one wants to have a criminal record. We…

(2024-05-10). Iranian economic reporter begins 5-year prison sentence after lengthy pre-trial detention. hra-news.org

ecns.cn (2024-05-10). Expert on Xi's 'European moment': Europe and China should meet each other halfway. ecns.cn Cui Hongjian said that both China and Europe share a strong consensus on countering hegemony and pursuing multi-polarization, while their economic cooperation remains resilient, with Europe demonstrating a growing willingness to collaborate with China.

The Independent (2024-05-10). Industrialists demand for own bank. independent.co.ug Kampala, Uganda | THE INDEPENDENT | Uganda's industrialists, supported by financial institutions, have decided to lead efforts towards the establishment of an industrial bank. The proposed Uganda National Industrial Bank would serve to reduce the cost of Finance that the private sector persistently fronts as the major challenge to its growth. This is one of …

teleSUR, MER (2024-05-10). Presidente de Venezuela entrega más de 41.900 financiamientos para emprendimientos de mujeres. telesurtv.net El mandatario Maduro resaltó la labor realizada por las mujeres en Venezuela en diferentes áreas.

teleSUR, ahf, YSM (2024-05-10). Siria e Irán estrechan sus lazos en esferas de interés mutuo. telesurtv.net Las colaboraciones intergubernamentales están destinadas hacia diversos campos.

Sushovan Dhar (2024-05-10). 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 (…) | – | /…

Maria Elena Saludas (2024-05-10). Towards the 6th International Ecosocialist Meeting. cadtm.org

Michael Roberts (2024-05-10). Further thoughts on the economics of imperialism. cadtm.org

Eric Toussaint (2024-05-10). 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 (…) | – | / |

CADTM International (2024-05-10). The CADTM Denounces the Lack of Action on Climate Change and the Neoliberal Approach of the Bretton Woods Institutions. cadtm.org

newarab (2024-05-10). Are Irish Republicans shunning Sinn Féin over Gaza. newarab.com The prominent Irish author The description resonated with me as an Irish Republican growing up in West Belfast — a stronghold of the political party Sinn Féin. | The party's tight political and economic

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…

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