(2024-09-24). Why Israeli shares are climbing as attack on Lebanon escalates. haaretz.com An ever hopeful Tel Aviv Stock Exchange sees the latest surge in fighting as a sign that the war is coming to end. But the end for the economy is a long way off…
(2024-09-24). My Six Favorite Untruths About the Biden-Harris Economy. cepr.net We know that most people say that they think the economy has performed poorly under the Biden-Harris administration. However, we also know that by standard economic measures the administration has been an incredible success story. We saw the longest stretch of low unemployment in 70 years. Unemployment rates for Blacks, Black teens, and Hispanics all …
(2024-09-24). Iran's GDP grows by 3.2% in the first quarter. tvbrics.com 
Iran's economy continues to show positive dynamics‚Å…
(2024-09-24). China rolls out stimulus measures to boost ailing economy. aljazeera.com China's central bank says measures will lower borrowing costs and inject more liquidity into market.
(2024-09-24). For Harris and Trump, runaway US debt is the elephant in the room. aljazeera.com Both presidential candidates have unveiled costly proposals that would greatly add to the ballooning national debt.
(2024-09-24). The West's Colossal Mistake: US Decline and BRICS. indybay.org China is far ahead of the US and lifted 800 million out of extreme poverty. The US overblows China's property problems and puts tariffs on Chinese government investments in desperation. Tariffs are taxes put on one's own people on imported goods and services | Trump is raising his fist at the rain. The end of dollarization is built in the world economy.
(2024-09-24). China to cut reserve requirement ratio: PBOC governor. ecns.cn Pan Gongsheng, governor of the People's Bank of China, China's central bank, announced on Tuesday the bank will cut the reserve requirement ratio by 0.5 percentage points.
(2024-09-24). Top financial regulators considering adding capital to stock market. ecns.cn China's top financial regulators said on Tuesday that they are considering additional concrete steps to usher more capital into the stock market.
(2024-09-24). Financial regulators formulate plans for high-risk regions. ecns.cn China's financial regulators have formulated tailored resolution plans for regions with high-risk financial institutions, and are implementing these measures in a prudent manner.
(2024-09-24). PBOC encourages commercial banks to lower existing mortgage rates. ecns.cn The People's Bank of China, the country's central bank, will encourage commercial banks to lower existing mortgage interest rates, bringing them to a level close to newly issued mortgages, said PBOC Governor Pan Gongsheng.
(2024-09-24). Upgrading, trade-in policy bearing fruit. ecns.cn China has issued 300 billion yuan ($42.5 billion) in treasury bonds to support equipment upgrades and trade-in deals for consumer goods, significantly boosting the growth of consumption and economic momentum, said the country's top economic regulator.
(2024-09-24). Shift toward new engines of growth underway. ecns.cn A sustained focus on supporting innovation in strategic emerging sectors, future industries and traditional industries will be high on the agenda as China advances its economic structural reforms.
(2024-09-24). Mortgage cuts needed to restore confidence. ecns.cn It is increasingly necessary for China to reduce interest rates on existing mortgages as soon as possible to revive consumer confidence, stabilize housing market expectations and meet the annual economic growth target, analysts said.
(2024-09-24). CSI A500 Index to represent nation's high-quality growth. ecns.cn The China Securities Index Co (CSI) on Monday formally launched the CSI A500 Index, a new stock index that embraces leading firms from emerging sectors.
(2024-09-24). Sino-Swiss free trade agreement in upgrade negotiations. ecns.cn China and Switzerland commenced negotiations to upgrade the Sino-Swiss free trade agreement (FTA) on Monday, said the Ministry of Commerce in an online statement.
(2024-09-24). Electric plane powers Beijing's low-altitude economy. ecns.cn A two-seat electric aircraft, RX1E-A, independently developed by China, carried out its first flight at Badaling Airport in Beijing on Monday, injecting fresh vitality into the city's low-altitude economy, CCTV News reported.
(2024-09-24). Creating A Co-Owned Pocket Community. popularresistance.org Phil Levin and Kristen Berman wanted to live with their friends, but they didn't want to sacrifice their privacy, so they started their own intentional community where you can choose your neighbors and eat together but still have your own home. | Today, on their one-third-acre lot in Oakland (California), there are 20 adults and 4 babies living in 6 buildings with 10 units. There's a 4-plex with 5 adults, 2 apartments with 2 or 4 adults upstairs and families downstairs, and 2 houses with families. | They started with a group of friends who joined together to create an LLC to buy a lot with 3 buildings, but once C…
(2024-09-24). What Is BRICS Pay: All You Need to Know. infobrics.org The concept of BRICS stems from a group of nations or economic bloc aiming to join forces—Brazil, Russia, India, China, and South Africa—to facilitate trade and financial transactions within its member states…
(2024-09-24). Joining BRICS Will Highlight Malaysia's Potential as Asean Economic Activity Gateway. infobrics.org Malaysia's participation in BRICS will underscore the country's potential as a gateway for economic activities in Asean countries, said an economist…
(2024-09-24). Economic Conditions and Hollow Victories. dissidentvoice.org 
Among the very few things to look forward to on Labor Day is Jack Rasmus's annual report on the state of US labor. Rasmus, an accomplished political-economist, riffs on the famous Frederick Engels book with Labor Day 2024: The Condition of the American Working Class Today. It may come as a surprise to some, but …
(2024-09-24). Joshua Craze: Taxonomies of Hunger. newleftreview.org Death by hunger stalks millions in the Sahel and Horn of Africa—the upshot of West-led political and economic processes as much as climate change and war. Yet only a few instances can pass the demanding criteria for famine set by the humanitarian technocrats of the international bodies charged with its alleviation.
(2024-09-24). Why is Saudi Arabia investing $5 billion in Egypt. newarab.com 
Egypt's cabinet For Egypt's standing in financial markets, the implications were immediately positive, with sovereign bonds rallying to two-year highs. While the amount may not be on the same scale as the UAE's Economic ties between the two na…
(2024-09-24). FTC sues Big Pharma middlemen over skyrocketing insulin prices, targeting PBM practices. nationofchange.org The suit also includes their affiliated group purchasing organizations (GPOs), accusing them of blocking patients from accessing cheaper alternatives and distorting drug markets for profit.
(2024-09-24). EXCLUSIVE interview: Mick Lynch warns 'if you use Tory rules you're going to get Tory policies'. leftfootforward.org "If you carry on with failed policies of the past which perpetuated poverty, you'll end up with the same thing"
(2024-09-24). Two MORE young activists ATTACKED and ARRESTED by cops over 'Free Palestine' at Labour conference. thecanary.co 
Two Youth Demand supporters have taken action at the Labour conference by painting 'GENOCIDE CONFERENCE' on the front entrance. Youth Demand are calling for a two-way arms embargo on Israel and for the new UK government to halt all new oil and gas licences granted since 2021. Labour conference IS a genocide conference At around […] | By
(2024-09-24). Video: Keir Starmer tells Gaza protester not slaughtering kids is so 2019. skwawkbox.org 
Disgusting inhumanity and arrogance is all a bit of fun for sociopath red Tory Keir Starmer's conference speech today was a long drone of slogans and nonsense — but he exposed the real dark heart both of the Zionism to which he subscribes and the war-criminal mindset of the Labour right he represents. A protester …
(2024-09-24). Labour conference: Rachel Reeves heckled over Gaza, Israel arms. newarab.com 
A pro-Palestine protester questioned Britain's A 24-year-old man interrupted the chancellor, Rachel Reeves' speech at the ACC Arena in Liverpool. | A video of the incident which circulated online showed the protester saying: "We are still selling arms to Israel. I thought we were supposed to be changed, Rachel," in reference to the conference's theme being "change…
(2024-09-24). UK: Labour MP Bell Ribeiro-Addy warns government of 'criminal liability' over Israel arms sales. middleeasteye.net 
UK: Labour MP Bell Ribeiro-Addy warns government of 'criminal liability' over Israel arms sales | The UK has suspended 30 arms export licences to Israel after a review by the new Labour government, but rights groups say that is not enough | | Ribeiro-Addy called on the Labour government…
(2024-09-24). Lammy criticised for 'Orwellian' Gaza comments at Labour meeting. newarab.com 
British foreign secretary Lammy's latest remarks come after the During his speech in…
(2024-09-24). Why Is New UK Prime Minister Seeking Immigration Advice From Italy's Far Right? truthout.org When U.K. Prime Minister Keir Starmer's Labour Party sailed to power in snap elections earlier this year, his party's victory represented a repudiation of the hard right policies of the Conservative Party, helmed by Rishi Sunak. So why, when it comes to immigration policy, is Starmer now taking cues from Italy, and a government arguably further to the right than the one he replaced? |
(2024-09-24). 5 take aways from Keir Starmer's first Labour conference speech as prime minister. leftfootforward.org Keir Starmer has today given his first speech to the Labour Party Conference as prime minister of the UK, becoming the first Labour leader to give a speech to his party's conference for 15 years. | He covered a lot of ground during the speech, but here's the key things you need to know about what he said. | 1. Starmer wants to make clear the government is delivering the 'change' promised in the general election: | While Starmer's speech naturally focussed in many areas on new policy initiatives and the government's plans for the future, he also used his time to emphasise the work it has already started…
(2024-09-24). Labour will stop London being the 'dirty money capital of the world' as minister pledges clampdown on Kleptocrats. leftfootforward.org The IPPR event on 'Combatting Kleptocrats' heard that the 'amount of money laundered through the UK annually is larger than our entire defence budget'.
(2024-09-24). This is how Labour can build a more cohesive society and take on the far-right. leftfootforward.org Unmesh Desai is London Assembly Member for City and East, covering Barking and Dagenham, the City of London, Newham, and Tower Hamlets. He is London Assembly Labour's spokesperson on policing and crime | This summer saw the first racially motivated disturbances on our street on a scale not seen since the infamous Notting Hill riots of the late 1950s. These riots were racially motivated with a clear Islamophobic and anti asylum angle, fed with misinformation following the tragic murders of three children at a dance class in Southport. | Any analysis of what lay behind the riots should look at how we go forward…
(2024-09-24). 'The Visiting Emperors': How corporations conquered the world. mronline.org 
The former Labour Party leader's new foreword to Claire Provost and Matt Kennard's book 'Silent Coup' outlines his thoughts on the growing power of the private sector over society.
(2024-09-24). Can The Machinists Save Boeing From Its Management? popularresistance.org Boeing has increased its offer to striking Machinists, hoping to end a work stoppage that entered its eleventh day today. According to the Seattle Times, the new proposal would raise wages 30 percent over four years, as opposed to 25 percent in the offer that workers rejected by 94.6 percent. | Mediated talks with Boeing broke off September 18, the union said, with nothing more scheduled. Then on Monday morning, the company announced a new offer in the press. Twelve hours later, the union responded that Boeing "has missed the mark with this proposal." | In a scathing statement, the negotiating team noted that the…
(2024-09-24). 10,000 Malawians To Work in Israel as Labor Deal Strengthens Ties. themedialine.org 
(2024-09-24). Samsung workers in India continue their strike and demand recognition of union. peoplesdispatch.org According to CITU, Samsung spends less than 0.3% of its annual production value in India on labor costs, and has operated in the country for 16 years without any union…
(2024-09-24). The AFL-CIO AIFLD Labor Imperialism, Colombia and Peru – A LEPAIO Panel. indybay.org
(2024-09-24). Hoodwinked in the Hothouse. counterpunch.org 
Its title is Hoodwinked in the Hothouse: Resist False Solutions to Climate Change, is now in its third edition and can be accessed—for free— online. It was put together by "an international coalition of organization and activists," relates the "Hoodwinked Collaborative" that "was convened to produce and distribute the groundbreaking publication on false solutions to the climate crisis." "Authored
(2024-09-24). Australia: Rail union cancels industrial action against privatisation, automation. wsws.org With the Bankstown line privatisation almost a foregone conclusion, the Rail, Tram and Bus Union has allowed the Labor government to buy its way out of industrial disruption for merely the price of a weekends' fares.
(2024-09-24). Australia: Rail union cancels industrial action against privatisation, automation. wsws.org With the Bankstown line privatisation almost a foregone conclusion, the Rail, Tram and Bus Union has allowed the Labor government to buy its way out of industrial disruption for merely the price of a weekend's fares.
(2024-09-24). University of California Regents summon riot police to expel students protesting further militarization of campuses. wsws.org College administrators and wealthy regents, terrified of anti-war and anti-genocide protests, are expanding the repressive elements under their command.
(2024-09-24). Study Finds Wealth Tax, Oil Subsidy Phaseout Could Generate $5T for Climate. truthout.org Research published Tuesday estimates that rich countries could mobilize over $5 trillion a year for climate action worldwide by cutting off subsidies to the oil and gas industry, imposing a levy on big polluters, and cracking down on tax evasion by large corporations and the rich. The new report from Oil Change International (OCI) was released as world leaders gathered in New York City for… |
(2024-09-24). Andy Burnham calls for housing to be placed top of the list on hierarchy of public spending. leftfootforward.org Burnham also called for a Grenfell law, enshrining the right for decent housing for every citizen in Britain…
(2024-09-24). Democracy Now! 2024-09-24 Tuesday. democracynow.org Headlines for September 24, 2024; "Absolutely Terrifying": Israel's War Comes to Lebanon, Setting Record-Breaking Single-Day Death Toll; Climate Activists Shut Down Citibank HQ in NYC, Demand Halt to Fossil Fuel Investments; NYC Climate Week: Climate Activist Kumi Naidoo on the Need for a Fossil Fuel Non-Proliferation Treaty; Marcellus Williams Execution in Hands of Supreme Court; Victim's Family, Prosecutor Don't Want Him to Die | Headlines for September 24, 2024; "Absolutely Terrifying": Israel's War Comes to Lebanon, Setting Record-Breaking Single-Day Death Toll; C…
(2024-09-24). Zelenskyy seeks US investments in Ukraine's battered energy sector. aljazeera.com President proposes special incentives to US companies to rebuild Ukraine's energy system damaged by Russian attacks.
(2024-09-24). Forum on China-Africa Cooperation evades contradictions at the end of the Belt and Road: Chinese investment, finance and trade controversies in Southern Africa. cadtm.org
(2024-09-24). Documents Reveal US Intel Cutout's Iranian Counter-Revolution Plans. popularresistance.org Leaked documents and emails obtained by The Grayzone reveal a seemingly covert effort by American regime change operatives to impose radical leadership on the remnants of Iran's protest movement against the mandatory hijab, in order to topple the government of Iran. | The initiative was spearheaded by Carl Gershman, the longtime director of the National Endowment for Democracy (NED), a US government-funded non-profit which advances regime change operations across the globe. Originally conceived by the Reagan administration's CIA, the NED has meddled in elections and sponsored coup leaders from Nicaragua to Venezu…
(2024-09-24). Student Faces Deportation After Suspension for Pro-Palestine Protest. popularresistance.org Cornell University has become the first university to suspend a student for pro-Palestinian organizing this semester. The suspension came in response to a student-led protest organized by the Coalition for Mutual Liberation (CML), which shut down a career fair at the Statler Hotel attended by defense contractors Boeing and L3 Harris last week. | The protest, according to the CML, was part of a broader effort to oppose Cornell's complicity in military and defense industries that profit from violence, specifically in the occupied Palestinian territories. | The suspended student is PhD candidate Momodou Taal, who ha…
(2024-09-24). Hong Kong legally refused AP journalist's entry: chief executive. ecns.cn Hong Kong handled all entry applications in accordance with the law and regulations, said John Lee Ka-chiu, chief executive of the Hong Kong Special Administrative Region (HKSAR), on Tuesday when answering questions about the city's denial of entry to a French AP journalist last week.
(2024-09-24). As Boeing cracks, is it capitalism or Kafka? mronline.org Astronauts Suni Williams and Butch Wilmore are not trapped in space, according to Boeing. The two expected to return to Earth from an eight-day mission on June 18.
(2024-09-24). The Sri Lankan elections: JVP assumes responsibility for defending capitalism amid a deepening revolutionary crisis. wsws.org The election of Janatha Vimukthi Peramuna leader Anura Kumara Dissanayake as Sri Lanka's executive president is a major international event that warrants careful examination.
(2024-09-24). Hezbollah strikes Israeli military complex in Haifa, Israelis run for cover. presstv.ir Volleys of rockets hit an Israeli military industrial complex in Haifa at the northern part of the 1948 Israeli-occupied territories.
(2024-09-24). Militarism Abuse Disorder. tomdispatch.com My name is Frida and my community is military dependent. (I feel, by the way, like I'm introducing myself at a very strange AA-like meeting with lousy coffee.) As with people who have substance abuse disorders, I'm part of a very large club. After all, there are weapons manufacturers and subcontractors in just about every congressional district in the country, so that members of Congress will never forget whom they are really working for: the military-industrial complex. Using the vernacular of the day, perhaps it's particularly on target to say that our whole country suffers from Militarism Abuse Disorder or (al…
(2024-09-24). Three Mile Island Nuclear Plant To Reopen; Microsoft To Purchase Power. popularresistance.org In March of 1979, Pennsylvania's Three Mile Island nuclear plant — which was powered by two pressurized light-water reactors — experienced a cooling malfunction that caused part of the core of the second reactor to melt, releasing radioactive material into the environment. | Constellation Energy has plans to reopen Three Mile Island, and Microsoft has agreed to buy power from it for 20 years. | Recent United States government zero-emissions energy incentives have spurred owners of closed-down nuclear plants to consider reopening them, reported Pennsylvania's WESA. | Activists are asking the government…
(2024-09-24). Pegasus: The Spyware Brought by Duque. orinocotribune.com An international scandal hits Colombia after details about the acquisition of the "Pegasus" spyware were revealed during the government of former president Iván Duque. According to an investigation by Señal Investigativa, the purchase was made clandestinely, involving the transportation of large sums of cash and possible legal irregularities in both Colombia and Israel. | President Gustavo Petro revealed details about the transaction on September 4: The cash was airlifted from Bogotá, Colombia to Tel Aviv, Israel, on June 27, 2021. It was declared to the Israeli customs and deposited in the company's account on 3…
(2024-09-24). Real Estate Industry Shells Out $102.5 Million to Kill Rent Control in California. indybay.org California voters this November will decide whether to expand rent control by passing Proposition 33, which would repeal an infamous 1995 state law, the Costa-Hawkins Rental Housing Act. Corporate landlords are pouring millions of dollars into efforts to defeat Prop 33 and pass their own competing measure, Prop 34.
(2024-09-24). Striking Boeing machinists denounce company's "Best and Final Contract Offer" wsws.org Workers must be clear that far from opposing this corporate blackmail, the IAM bureaucrats are the company's accomplices in trying to divide workers and set the stage to defeat the strike.
(2024-09-24). "Post Growth" — Why and How? socialistproject.ca 
People against destroying our planetary home often favor "No Growth" — "steady as she goes" — or even the rhetorically catchier "DeGrowth" — "shrink baby shrink." Their pro-growth opponents sometimes say, "grow baby grow," or more pointedly, "drill baby drill." But if you asked me, "where do you stand vis a vis growth? Give yourself a really short label that includes the word growth." I would reply, "I favor what I think most degrowthers and no-growthers also favor and what many pro-growthers oppose. That is, I am for "post-growth" or, to clarify, I am for good growth and against bad growth.
(2024-09-24). 'Dickinson in Yiddish' gathers 50 years of writings by socialist Marvin Zuckerman. peoplesworld.org 
I guess by way of full disclosure I should state at the outset that I've known Marvin Zuckerman for almost 30 years, from the time I assumed the directorship of the Southern California District of Workers Circle/Arbeter Ring, of which he's been a member all his life, and he's over 90 now. When he asked …
(2024-09-24). Encabezan Esteban Lazo y vicepresidente de la Asamblea Nacional de Vietnam encuentro de trabajo de las comisiones parlamentarias. cubadebate.cu Un fructífero encuentro de trabajo sostuvieron este lunes, en el Capitolio Nacional, las comisiones permanentes de las Asambleas Nacionales de la República de Cuba y de la República Socialista de Vietnam, previo al inicio este 24 de septiembre de la Sesión Interparlamentaria entre ambos órganos legislativos.
(2024-09-24). Trump-Vance team doubles down on racism and anti-communism. peoplesworld.org 
"The Trump and Vance acceleration of their attacks on Haitian immigrants and their continued red-baiting of Kamala Harris are signs of the increasing danger of fascism. They're getting more and more desperate. But the U.S. people aren't buying. Still, no stone has to be left unturned in the effort to defeat not only them but …
(2024-09-24). Xi stresses imperative to give full play to CPPCC's political strengths. ecns.cn The Central Committee of the Communist Party of China (CPC) and the National Committee of the Chinese People's Political Consultative Conference (CPPCC) convened a grand gathering to celebrate the 75th anniversary of the founding of the CPPCC. The event took place in the auditorium of the National Committee of the CPPCC on the morning of September 20.