Daily Archives: August 14, 2024

2024-08-14: News Headlines

Caitlin Johnstone, Consortium News. (2024-08-14). US To Iran: Only Israel May Escalate. popularresistance.org In an article titled "U.S. Warns Iran of 'Serious Risk' if It Conducts Major Attack on Israel," The Wall Street Journal reports that officials within the Biden administration have been warning Iran not to "escalate" against Israel in its planned retaliatory strikes for the assassination of a Hamas leader in Tehran. | "The United States has sent clear messaging to Iran that the risk of a major escalation if they do a significant retaliatory attack against Israel is extremely high," an anonymous U.S. official told The Wall Street Journal, adding that "there is a serious risk of consequences for Iran's economy and t…

David Rosenberg (2024-08-14). War is hell. And it doesn't come cheap. haaretz.com Netanyahu shrugged off Israel's credit downgrade by Fitch and promised all will soon be well for the economy. But he's doing nothing to ensure that…

Staff (2024-08-14). How Amazon "Lied, Spied, Cheated Its Way to the Top": WSJ Reporter Dana Mattioli. democracynow.org We speak with Wall Street Journal reporter Dana Mattioli about her new book, The Everything War, which examines how Amazon came to dominate the U.S. economy through its "scorched-earth" tactics. "I found just a ton of business practices driven by this toxic culture at Amazon, where the company lied, spied, cheated its way to the top," she says. Mattioli also discusses the threat of antitrust lawsuits to Amazon and other Big Tech firms, political pressure on Federal Trade Commission Chair Lina Khan and more.

ecns.cn (2024-08-14). Housing prices in the top cities may stabilize in H2. ecns.cn China's housing prices in first- and second-tier cities may stabilize in the second half of the year upon proper policy adjustments.

ecns.cn (2024-08-14). Survey: High interest rates not spooking Hong Kong SMEs. ecns.cn Enterprises are most willing to invest in research and development, followed by training related to e-commerce or digital technology, as well as overall staff training.

ecns.cn (2024-08-14). Brokers punished for illegal activities as China steps up securities regulation. ecns.cn Chinese securities regulators have issued more than 12 penalties to securities brokers for illegal activities, in the latest sign of tighter regulations for the securities market to tackle risks and ensure stable development.

ecns.cn (2024-08-14). EU's provisional tariffs against Chinese EVs cause unease, uncertainty: trade chamber. ecns.cn The China Chamber of Commerce to the EU said on Tuesday that the EU's protectionist measures against Chinese electric vehicle (EV) makers have caused unease and uncertainty.

Basit Mahmood (2024-08-14). Liz Truss storms off stage after being humiliated by lettuce banner prank. leftfootforward.org Former Prime Minister Liz Truss stormed off stage at an event where she was promoting her book, after a banner featuring a lettuce with the words 'I crashed the economy' was unfurled behind her as part of a stunt by a campaign group. | Truss, whose premiership ended in disaster after her mini-budget crashed the economy and sent mortgage costs soaring, was speaking at the event about why she supported President Trump and why Americans were struggling with the economy. | The stunt, carried out by campaign group Led by Donkeys, was a reference to the challenge set by the Daily Star newspaper in October 2022 to se…

presstv.ir (2024-08-14). Makran, a watershed in Iran's sea-based economy plans. presstv.ir The geopolitical features of Iran are considered one of the most important indicators of its empowerment, including turning the country into a regional magnet for commerce and investment.

UMMID (2024-08-14). Challenges before Yunus' interim government in Bangladesh. ummid.com The challenges at the frontiers of Yunus' interim government in Bangladeshare (unlucky) seven: law and order; economy; military, elections; justice; religious freedom; and freedom of expression.

Guest Blogger (2024-08-14). "Green" Hydrogen Subsidies Are 1,900x Larger Than What's Given To Nuclear. wattsupwiththat.com the hydrogen economy requires scads of electricity (a high quality form of energy) to make a tiny molecule that's hard to handle, difficult to store, and expensive to use.

newarab (2024-08-14). Polanyi's The Great Transformation and the myth of free markets. newarab.com Looking at economic and other transformations during the Industrial Revolution and beyond, he showed that there is nothing inevitable and 'natural' about free markets, the ideological belief that they can solve most economic problems being utopian and dangerous. | JM Keynes, an important economic thinker of the last century, saw those in authority as distilling thoughts "from some academic scribbler of a few years back." Indeed, his ideas underpin much economic policy today. | However, unlike Keynes who was an apologist for some form of capitalism, the less-remembered Polanyi's "scribbling" shows that market f…

newarab (2024-08-14). Polanyi's The Great Transformation and the myth of free markets. newarab.com Karl Polanyi's 1944 work, The Great Transformation: The Political and Economic Origins of Our Time, exposes the myths of laissez-faire, which remains widespread in the West and elsewhere. | Looking at economic and other transformations during the Industrial Revolution and beyond, he showed that there is nothing inevitable and 'natural' about free markets, the ideological belief that they can solve most economic problems being utopian and dangerous. | JM Keynes, an important economic thinker of the last century, saw those in authority as distilling thoughts "from some academic scribbler of a few years back." In…

Orinoco Tribune. (2024-08-14). Ex-Bangladeshi Prime Minister Says US Orchestrated Her Ouster. popularresistance.org Former Bangladeshi Prime Minister Sheikh Hasina has accused the United States, in a letter published on Sunday, of orchestrating her ouster after she refused to give up the sovereignty of the strategic island of St. Martin. | "I could have remained in power if I had surrendered the sovereignty of Saint Martin Island and allowed America to hold sway over the Bay of Bengal," the letter obtained by The Economic Times read. | Hasina said last summer that Bangladesh would not lease the island, without specifying the details or the interested party. US State Department spokesperson Matthew Miller said days later that t…

National Lawyers Guild International Committee. (2024-08-14). Legal Experts: US Unilateral Economic Sanctions Violate International Law. popularresistance.org New York, NY — A new letter from legal groups, legal scholars, and attorneys calls on the Biden administration to end the use of broad unilateral economic sanctions, noting their civilian harms and illegality under international law. The letter, sent to the White House today, is signed by 38 organizations and 200 individual attorneys, including dozens of legal scholars. | The letter notes that, 75 years since the signing of the Geneva Conventions, which prohibit the collective punishment of civilian populations as a war crime, "collective punishment is a standard practice of US foreign policy in the form of…

aljazeera (2024-08-14). Kiribati votes in key election after years of turbulence. aljazeera.com Pacific island nation is strategically important, but voters also have economic concerns.

Daniel Falcone (2024-08-14). African Politics is Invisible to the Wider World: How Nigeria Became a 'Soldier's Paradise'. counterpunch.org "If you want to keep militaries out of civilian politics, you have to offer people some other way," scholar argues. British rule had profound effects on Nigeria starting in the late 1800s and largely included economic, political, social, and cultural forms of imperialism. Many of the devastating impacts are still visible in the country today and are especially

NEOB (2024-08-14). Government, business partnership begins to flourish. sanews.gov.za Government, business partnership begins to flourish | The government and business partnership to resolve South Africa's challenges is beginning to bear fruit, although much more needs to be done. | This is according to a statement released by the Presidency and Business for South Africa. | The partnership between the two parties was established last year in a bid to work together to resolve the question of inclusive and economic growth. | The collaboration has targeted three areas for particular interest, including energy, transport and logistics, and crime and corruption. | PHOTOS | President Ramaphosa meets wit…

newleftreview (2024-08-14). Radhika Desai: Peak Hindutva? newleftreview.org As Modi's BJP loses its overall majority, Radhika Desai examines the part played by India's capitalist conglomerates in his rise—and the contradictions on which their strategy has foundered. The economic crisis of the parched countryside as brake on Hindutva's forward march.

EDWIN (2024-08-14). Minister and Mayor to tour neglected buildings and harbour. sanews.gov.za Minister and Mayor to tour neglected buildings and harbour | The Department of Public Works and Infrastructure Minister, Dean Macpherson, and the City of Cape Town Executive Mayor, Geordin Hill-Lewis, are expected to embark on a tour to neglected and hijacked departmental-owned buildings in Cape Town. | "The Minister and the Mayor are committed to working together to find long-term solutions to these buildings to ensure that they are used for the public good and contribute to the overall economic growth and job creation in the city," said the department. | The two are set to visit 2 Keizersgracht Street which has…

GABIK (2024-08-14). Garden to assist George Hill residents. sanews.gov.za Garden to assist George Hill residents | The eThekwini Municipality has stepped in to help residents of George Hill Informal Settlement, which has been plagued by unemployment, poverty, and crime. | To address these challenges, the Inner eThekwini Regeneration and Urban Management Programme (ITRUMP) Area Based Management (ABM) has identified the need to start an organic vegetable garden to support poverty-stricken families in ward 31. | The vegetable garden was recently launched by the city, after ITRUMP ABM reached out to sister departments for help to make the garden a success. | Under the mentorship of Althea…

DikelediM (2024-08-14). UIF commissioner to host employer breakfast session in Queenstown. sanews.gov.za UIF commissioner to host employer breakfast session in Queenstown | The Unemployment Insurance Fund (UIF) is calling on employers in the Eastern Cape to attend an Employer Breakfast session that is set to take place in Queenstown next week. | The session which will be held at Aloe Grove Guest Farm, will be hosted by the fund's Commisssioner, Teboho Maruping. | Employers from all sectors, including commercial business owners and operators of Small Medium and Micro Enterprises (SMMEs) in Komani (Queenstown) as well as the broader Eastern Cape Province are invited to attend the session on Monday, 19 August 2024. | "

Prof. Joseph H. Chung (2024-08-14). America's Perpetual War: Six Questions. globalresearch.ca America's multi-trillion dollar perpetual war has denied and deprived millions of Americans of decent income, adequate housing, needed foods, necessary health care, safety on the street, reliable infrastructure facilities, essential education…

aljazeera (2024-08-14). Will the UK's new Labour government halt arms sales to Israel? aljazeera.com Since 2008, the UK has licensed arms exports to Israel worth at least 576 million pounds ($740m).

newarab (2024-08-14). Labour Party VAT hike threatens future of UK Islamic schools. newarab.com As Britain watched on with bated breath during this historic

newleftreview (2024-08-14). Owen Hatherley: Labourism: In and Against? newleftreview.org Owen Hatherley on Andy Beckett, The Searchers. Interlinked portraits of the Labour Party's Bennite bloc, from 1968 to the Corbyn leadership.

Reuters (2024-08-14). Canada to reform temporary foreign worker scheme that UN says promotes slavery. scmp.com The programme meant to fill labour shortages has come under fire for suppressing wages and leaving workers vulnerable to abuse.

Richard D. Wolff (2024-08-14). Capitalism, Mass Anger and the 2024 Elections. counterpunch.org In the wake of his huge defeat on June 30, 2024, when 80 percent of voters rejected French "centrist" President Emmanuel Macron, he said he understood the French people's anger. In the UK, Conservative loser Rishi Sunak said the same about the British people's anger, as Labor leader Starmer now says as the anger explodes.

Staff (2024-08-14). How Elon Musk Broke with the Democrats to Spend Millions on Donald Trump's Reelection Campaign. democracynow.org The United Auto Workers has filed federal labor charges against Republican presidential nominee Donald Trump and billionaire Tesla CEO Elon Musk, accusing them of illegally attempting to threaten and intimidate workers who go on strike. The UAW's complaint comes in response to comments made by Trump during a discussion with Musk Monday on the social media platform X, which Musk owns. The Wall Street Journal reports that Musk is funding a new super PAC to help Trump in swing states and return him to the White House. There have been reports Musk was planning to spend $45 million a month to help elect Trump, b…

ecns.cn (2024-08-14). New system urged for better health. ecns.cn China should promote closer collaboration between hospitals and retail pharmacies to better manage chronic diseases and reduce disease burdens, industry experts said.

Labor Video Project (2024-08-14). SF DA Brooke Jenkins, Drop the Charges! Demand Palestine Supporters of the Golden Gate 26. indybay.org

Mark Gruenberg (2024-08-14). UAW suit against Trump and Musk breaks new ground. peoplesworld.org DETROIT—The United Auto Workers are suing Republican presidential nominee Donald Trump and billionaire mogul Elon Musk for flagrantly breaking labor law after Trump praised Musk for illegally firing strikers. The move by the union is significant because the UAW is saying that what is often referred to as "labor law" is not, as corporations would …

Mark Gruenberg (2024-08-14). Progressive 'Squad' member Omar beats chief challenger Samuels in Minnesota primary. peoplesworld.org MINNEAPOLIS—By a 56.2%-42.9% margin, progressive "Squad" member Rep. Ilhan Omar, the Democratic-Farmer-Labor (DFL) incumbent lawmaker from Minneapolis, beat her chief challenger, former city commissioner Don Samuels, in the August 13 DFL primary there. The win virtually guarantees her re-election in the very progressive city-centered congressional district this fall. Omar's win was the most-notable development in …

NEOB (2024-08-14). Continued collaboration key to addressing challenges. sanews.gov.za Continued collaboration key to addressing challenges | Government and business have recommitted to working together to resolve some of South Africa's most pressing challenges. | On Tuesday, President Cyril Ramaphosa, together with members of his Cabinet, held a meeting with senior business leaders and technical experts from government and business to discuss a new era of collaboration for a partnership launched over a year ago to address barriers to growth in South Africa. | President Ramaphosa said since last year when the partnership was established, much progress has been recorded in key areas, including elect…

Staff (2024-08-14). Anuncian cierre temporal del túnel de Quinta Avenida por mantenimiento. cubadebate.cu El túnel de Quinta Avenida, en La Habana, será sometido a labores de mantenimiento del 14 al 31 de agosto venidero, por lo cual la Comisión Provincial de Seguridad Vial anunció medidas de cierre en determinados horarios y sentidos de movimiento durante ese período con el fin de reorganizar el tráfico en ese importante nudo de vialidad.

Staff (2024-08-14). teleSUR anuncia el concurso "Sur Influyente" telesurtv.net El concurso invita a jóvenes, mayores de edad, creadores de contenidos a elaborar piezas audiovisuales de máximo 60 segundos en formato vertical (9: 16).

Heba Gowayed, In These Times. (2024-08-14). Borders And The Exchange Of Humans For Debt. popularresistance.org The jagged shoreline of the island of Lesbos, Greece, which runs into the Aegean Sea just miles from the Turkish coastline, is a site of the macabre and systemic practice of "border externalization," where wealthy states enlist less wealthy states — often indebted ones — to intercept and brutalize human beings destined for their borders. | It is here that 23-year-old Ahmed‚Äâ—‚Äâwho left Gaza in 2021 to find refuge from a life behind Israel's Iron Wall and violence, which promised "no future, no work, no possibilities"&s…

editor (2024-08-14). Women and wealth. onlineopinion.com.au But the relentless moaning is actually a cover for a far bigger story. The truth that is being strenuously downplayed is that, overall, women will soon be sitting pretty, right on top in the wealth stakes.

The Independent (2024-08-14). Parliament declines to proceed with Alcohol Control Bill. independent.co.ug Kampala, Uganda | THE INDEPENDENT | Parliament has rejected the Alcohol Control Bill, 2023 that sought to regulate the purchase, sell and consumption of alcohol. The private members Bill that was introduced for the first time by Tororo District Woman Representative, Sarah Opendi in November 2023 also aimed to regulate the time and premises where alcohol …

Schuyler Mitchell (2024-08-14). Activists Are Bringing the Heat to the Banks Funding Climate Crisis. truthout.org As the world broils under month after month of record-shattering temperatures, thousands of activists are engaging in a new campaign of civil disobedience to make fossil fuel's biggest funders feel the heat. Backed by a coalition of more than 80 climate and racial justice groups, the "Summer of Heat" is convening every day on Wall Street all summer to take direct action against the financial… |

Shefali Luthra (2024-08-14). Most Women Support Abortion Protections, Including 40 Percent of GOP Women. truthout.org Most women between the ages of 18 and 49 support a national right to abortion, oppose a national ban on the procedure, and don't believe abortion rights should be left up to individual states, according to a new survey from KFF, a nonprofit health policy research, polling and news organization. Majorities of Democratic and independent women oppose restrictions and support a law enshrining a… |

tvbrics (2024-08-14). Saudi Arabia launches initiatives to empower the non-profit sector in mining. tvbrics.com Five industrial associations are currently under the ministry's control…

Finbarr Bermingham (2024-08-14). EU subsidy raids on Chinese company Nuctech were legal, court rules. scmp.com Landmark decision rejects firm's assertion that complying with bloc's regulation put it on collision course with mainland criminal laws.

WSWS (2024-08-14). Fascist billionaires Trump and Musk express hatred of working class and fear of Marxism in interview on X. wsws.org For over two hours, the two billionaires used the global communications platform to spread their neo-Nazi ideology and politics.

Ashley Smith, Michael Roberts (2024-08-14). The Persistence of Global Capitalism's Long Depression. cadtm.org

newleftreview (2024-08-14). Cédric Durand: Landscapes of Capital. newleftreview.org A critical engagement with the work of Brett Christophers, whose books—The New Enclosure, Rentier Capitalism, Our Lives in Their Portfolios and The Price Is Wrong—unfold a novel critique of the 'rentier stage' of contemporary capitalism, in the tradition of radical historical geography developed by Lefebvre, Harvey and Davis.

Angela (2024-08-14). Thursday 8/15: Webinar: The Border Industrial Complex in the Time of Elections. indybay.org Online | secure.everyaction.com/TpAKN-FrqkuUK6lI5JXRUQ2

A Guest Author (2024-08-14). Sube el desempleo: øqué pueden hacer los trabajadores? workers.org Por James Foster El Promedio Industrial Dow Jones experimentó una importante caída tras el último informe de empleo, publicado el 2 de agosto, que reveló una modesta adición de 114.000 puestos de trabajo y un aumento de la tasa de desempleo hasta el 4,3%. Las noticias sobre la economía estadounidense . . . |

The Independent (2024-08-14). Absa Bank Uganda donates shs100 million to Uganda Red Cross towards immediate disaster relief for victims of Lusanja Kiteezi landslide. independent.co.ug KAMPALA, Uganda | THE INDEPENDENT | Absa Bank Uganda has today handed over a donation worth UGX100 million to the Uganda Red Cross Society to boost immediate disaster relief to households affected by the Lusanja Kiteezi landfill slide. The funds will go towards strengthening the disaster response by funding the purchase of essential relief supplies …

WSWS (2024-08-14). Stop the mass layoffs at Stellantis Warren Truck Assembly Plant! wsws.org The auto companies are relying completely on the bureaucrats in the UAW, and their counterparts in other countries, to strangle opposition to layoffs.

WSWS (2024-08-14). Socialist Equality Party achieves ballot status in Washington state. wsws.org Supporters of the SEP collected 1,395 signatures during the course of a three-month-long campaign across Washington state, well over the 1,000 required to place Kishore and White on the ballot.

WSWS (2024-08-14). The 2024 US elections and the tasks of the Socialist Equality Party. wsws.org We are publishing here the main resolution adopted by the Eighth National Congress of the Socialist Equality Party (US), held from August 4 to August 9, 2024.

ecns.cn (2024-08-14). China Answers | From urban development to easier entry, what has high-level openness brought to China. ecns.cn Opening up is a defining feature of Chinese modernization, as stated at the 3rd Plenary Session of the 20th Central Committee of the Communist Party of China. | As a foreign expert now living in Shanghai, Joseph Gregory Mahoney, professor of politics and international relations at East China Normal University said that the cohesive and open development in the Yangtze River Delta region, as well as China's entry facilitation measures and urbanization progress are major topics to him.

Joel Wendland-Liu (2024-08-14). 'Transnational Communism Across the Americas' offers valuable insights despite its anti-communist tropes. peoplesworld.org Historical research on communist parties and their multiple international relationships has flourished in the past two decades. One remarkable contribution to this field is the book Transnational Communism Across the Americas. This collection of multiply-authored chapters digs into the communist parties of various Latin American countries, such as Cuba, Puerto Rico, El Salvador, Mexico, and …

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