(2024-10-21). BRICS Plans 'Multi-Currency System' To Challenge US Dollar Dominance. popularresistance.org The Global South-oriented organization BRICS has released plans to transform the international monetary and financial system and challenge the dominance of the US dollar. | As the chair of BRICS for 2024, Russia proposed the creation of a BRICS Cross-Border Payment Initiative (BCBPI), in which members of the organization will use their national currencies to trade. | BRICS will likewise establish an alternative messaging infrastructure to circumvent the SWIFT system of interbank communication, which is overseen by the United States and subject to Western unilateral sanctions. | This "multi-currency system" will a…
(2024-10-21). China's electricity consumption records steady growth in Sept. ecns.cn For generations, farmers in the Bingjian irrigation area in Yunnan province's Yuanmou county had to perform a laborious irrigation ballet, a delicate dance of cooperation and shared sacrifice heavily reliant on two reservoirs.
(2024-10-21). The Biden-Harris Job Boom. cepr.net Donald Trump seems to have forgotten what the economy was like when he left office. He talks as though it was booming and then Biden sank it. In fact, the opposite is the case. The economy took a massive hit in the spring of 2020 from pandemic shutdowns, while it did regain many of the …
(2024-10-21). Combined IMEX maritime drill shows Iran cannot be isolated: Navy cmdr. presstv.ir Iran's Navy chief says the participation of different countries in the IMEX 2024 combined maritime exercise shows that the country cannot be isolated.
(2024-10-21). Archiving Ancestral Knowledge To Co-Create New Economic Paradigms. popularresistance.org When we think of archiving, the mind might jump to dusty boxes of files, endless rows of cabinets, or shelves weighed down by old papers and books — organized in a way that seems to go on forever. Maybe we even picture the digital world, with its infinite files tucked away in the cloud. Either way, archiving often feels like a dull, lifeless task — far from inspiring or exciting. | But here's the twist: this is exactly the key to it all — the secret behind every colonizing scheme — the meticulous control and management of data, including intellectual property. Reclaming archiving is not ju…
(2024-10-21). Israeli army strikes Hezbollah targets in Beirut's Dahiyeh; 25 rockets fired from Lebanon. haaretz.com Netanyahu's spokesperson: 'New ideas' raised in cabinet meeting about a potential hostage deal ‚ñ U.S. Defense Secretary Austin says Pentagon's THAAD anti-missile system 'in place' in Israel ‚ñ Wall Street Journal: Sinwar declined an Egyptian offer to leave Gaza ‚ñ IDF says air force strikes dozens of Hezbollah's financial assets across Lebanon ‚ñ Investigation underway into leak of U.S. intelligence on Israel-Iran, House's Johnson says…
(2024-10-21). Seven Israelis accused of spying for Iran over two-year period. haaretz.com Seven Israelis accused of providing Iran with intelligence, including on IDF bases, Iron Dome batteries ‚ñ Lebanese PM says 'no alternative to Resolution 1701, new understandings can be reached' ‚ñ Netanyahu's spokesperson: 'New ideas' raised in cabinet meeting about a potential hostage deal ‚ñ U.S. Defense Secretary Austin: Pentagon's THAAD anti-missile system 'in place' in Israel ‚ñ Wall Street Journal: Sinwar declined an Egyptian offer to leave Gaza ‚ñ IDF says air force strikes Hezbollah's financial a…
(2024-10-21). Suharto-era general inaugurated as Indonesia's next president. wsws.org As social and economic conditions decline and the danger of a US-instigated war against China looms, the Indonesian ruling class believes Prabowo is best equipped to suppress workers' growing anger.
(2024-10-21). The Bolivarian Revolution: 25 years fighting imperialism. thecommunists.org Twenty-five years have passed since Hugo Chávez initiated Venezuela's Bolivarian Revolution in February 1999. Twenty-five years of PSUV (United Socialist party) governments working to improve the economic, social and cultural conditions of the masses. Twenty-five years of participatory democracy; of empowering people to transform society on the road to socialism. Twenty-five years during which the …
(2024-10-21). Xi calls on Anhui to write its own chapter of Chinese modernization. ecns.cn He urged Anhui to leverage multiple national development strategies in its continued drive to establish itself as an important hub of sci-tech innovation, a center for emerging industries, a new frontier for reform and opening up, and a comprehensive green transformation zone for economic and social development.
(2024-10-21). Saudi Arabia aims to attract up to 5 million Chinese tourists by 2030. ecns.cn Driven by the tangible progress of the Belt and Road Initiative and strengthened political and economic relations, Saudi Arabia aims to attract up to 5 million Chinese tourists by 2030, representing 8 percent of its total international visitors, said a senior Saudi government official.
(2024-10-21). President stresses promoting high-standard opening-up. ecns.cn President Xi Jinping has called for State-level economic and technological development zones in China to continuously stimulate their innovation vitality and development momentum, and promote reform and high-quality growth with high-standard opening-up amid the nation's modernization drive.
(2024-10-21). Charity regulator reopens complaint against Institute of Economic Affairs. leftfootforward.org The charity regulator has reopened a complaint into the Institute of Economic Affairs (IEA), to reassess whether the right-wing charity has broken charity law. | The IEA, which has been widely credited as the inspiration for Liz Truss's disastrous mini budget, and which has previously received a warning from the Charity Commission for using its resources to campaign for a hard Brexit, once again finds itself at the centre of an investigation. | The charities regulator took just 12 days to clear the IEA when the initial complaint was made by the Good Law Project on behalf of Layla Moran, Clive Lewis and Alyn Sm…
(2024-10-21). Ethiopia to modernise dry ports, sea, land and air transport systems. tvbrics.com 
Ethiopia's transport and logistics ministry strengthens services for economic growth‚Å…
(2024-10-21). Head of Tatarstan Rustam Minnikhanov: we have great interest in partnerships with Chinese regions. tvbrics.com 
He also noted the importance of expanding trade and economic relations…
(2024-10-21). Egypt's Sisi: regional 'pressure' could trigger economic woes. newarab.com 
Egypt's President "If these challenges will make us put unbearable pressure on public opinion, then the situation must be revie…
(2024-10-21). Acemoƒülu's neoliberal paradigm: The 'Fall of Nations' or the rise of dependency? uwidata.com By Oràßun Gà∂ktàºrk, Beijing / China While Daron Acemoƒülu is highly respected in the field of economics, especially in the West, his economic prescriptions and historical understanding, when examined in depth, serve to legitimize the global neoliberal order and conceal mechanisms of imperialist exploitation. Acemoƒülu's neoliberal perspective highlights concepts like the "rule of law," "democracy," …
(2024-10-21). Financial Times: Dynamic pricing: economic efficiency, or subtle price gouging? truepublica.org.uk Powered by algorithms and artificial intelligence, dynamic, or surge pricing is now being used across a growing number of consumer industries, from restaurants to rock concerts. But controversies such as the skyrocketing ticket prices for the upcoming Oasis tour and concerns over price gouging means dynamic pricing is coming under increased scrutiny. …
(2024-10-21). Welcome to tariff land: the retreat of free trade. onlineopinion.com.au Free markets? Free trade? The modern economic world has little time for these erroneous, misdirected terms.
(2024-10-21). Acemoƒülu's neoliberal paradigm: The 'Fall of Nations' or the rise of dependency? unitedworldint.com The research the Nobel Prize was awarded to. By Oràßun Gà∂ktàºrk, Beijing / China While Daron Acemoƒülu is highly respected in the field of economics, especially in the West, his economic prescriptions and historical understanding, when examined in depth, serve to legitimize the global neoliberal order and conceal mechanisms of imperialist exploitation. Acemoƒülu's neoliberal perspective …
(2024-10-21). The Immigration Dilemma on Nevada's Ranchland. devdiscourse.com Janille and Tom Baker's expansive ranch in remote eastern Nevada epitomizes the American West with its grand landscapes and cowboy culture. However, despite its productivity, the ranch depends heavily on a guest worker program that imports Mexican labor to thrive in a challenging economic environment.
(2024-10-21). Historic Agreement: India and China Forge Path to Peace. devdiscourse.com India and China have reached a significant agreement concerning their disputed Himalayan frontier to resolve a military stand-off that has lasted four years, according to India's Foreign Secretary, Vikram Misri. This development is a precursor to normalizing political and economic relations between the two neighboring giants.
(2024-10-21). Climate Change and Africa's debt crisis. independent.co.ug 
A policy brief by 3 top economists warns continent is in the worst crisis in 80 years ANALYSIS | RONALD MUSOKE | Africa has long struggled with a silent debt crisis, one that has exacerbated its vulnerability to climate shocks and constrained its economic potential. It is time to give voice to these challenges and address …
(2024-10-20). President stresses promoting high-standard opening-up. ecns.cn President Xi Jinping has called for State-level economic and technological development zones in China to continuously stimulate their innovation vitality and development momentum, and promote reform and high-quality growth with high-standard opening-up amid the nation's modernization drive.
(2024-10-21). Egyptian security forces arrest economist Abdel Khaleq Farouk. middleeasteye.net 
Egyptian security forces arrest economist Abdel Khaleq Farouk | Farouk was detained previously in 2018 after the publication of a book criticising the government's economic policy | | Economist Abdel Khaleq Farouk was detained by security forces on Sunday and taken to an unkn…
(2024-10-21). UN rapporteur criticises London School of Economics for 'measures' against pro-Gaza students. middleeasteye.net 
UN rapporteur criticises London School of Economics for 'measures' against pro-Gaza students | The school has placed seven students in 'precautionary measures' over a protest held on 7 July | | A file image of a Palestinian protester in London on 4 August (AFP) | The UN special rapporteur on peac…
(2024-10-21). Global Markets Juggle Asian Share Swings and Rising Cryptocurrency Buzz. devdiscourse.com Asia shares wavered between gains and losses on Monday, largely impacted by underperforming Hong Kong stocks. Meanwhile, bitcoin soared to a three-month high as Trump's trade actions buoyed market confidence, while gold prices hit record levels amid global turmoil and U.S. election tensions bolstering its allure.
(2024-10-21). US postal workers outraged after poverty contract announced for city letter carriers. wsws.org The deal contains pathetic 1.3 percent annual wage increases, in addition to substandard cost of living adjustments, continued hyper-exploitation and surveillance, and the continuation of a vast restructuring program aimed at privatizing USPS.
(2024-10-21). Measuring global poverty. cadtm.org
(2024-10-21). Billionaire Blowback on Housing. ips-dc.org Introduction: |
(2024-10-21). It seems that even bosses are in favour of Labour's Employment Rights bill. thecanary.co On Monday 21 October, parliament will give Labour's Employment Rights Bill its second reading. As some polling shows bosses could be in favour, the Trades Union Congress (TUC) has issued a call to MPs. Managers 'positive' about the Employment Rights Bill Polling by the IPPR think tank published this month revealed that a clear majority […] | By
(2024-10-21). Lynks to appear alongside Corbyn, Owen Jones, at Peace and Justice concert. thecanary.co Jeremy Corbyn's Peace and Justice Project has just announced more details of its upcoming concert in London — raising funds for people in Gaza. It will include a performance by anonymous British artist Lynks and feature the former Labour Party leader himself as well as Owen Jones. Pits and Perverts, revisited Jeremy Corbyn's Peace and […] | By
(2024-10-21). Project gives farmers stable water supply. ecns.cn For generations, farmers in the Bingjian irrigation area in Yunnan province's Yuanmou county had to perform a laborious irrigation ballet, a delicate dance of cooperation and shared sacrifice heavily reliant on two reservoirs.
(2024-10-21). Foreign national nabbed for possession of counterfeit goods. sanews.gov.za Foreign national nabbed for possession of counterfeit goods | Collaboration between South African Police Service (SAPS) units has secured the arrest of a foreign national and the confiscation of counterfeit goods with an estimated value of R48 634. | On Saturday, 19 October, between 11: 00 and 21: 30, members from Provincial Organised Crime (in the Northern Cape), Provincial Flash (Firearms, Liquor and Second Hand Goods), Delportshoop and Koopmanfontein SAPS operationalised information in Delportshoop regarding the alleged sale of counterfeit goods. | Identified liquor outlets and shops were searched, and this led…
(2024-10-21). Health Activists Picket Against High Cost Of Nutritious Food. popularresistance.org On World Food Day, October 16, the People's Health Movement (PHM) South Africa organized a picket in front of the National Parliament to protest the high cost of healthy and nutritious food in the country. | While the South African Constitution guarantees the right to food, PHM South Africa argued that only the wealthy can afford healthy meals today. "The soaring prices of nutritious food have placed it beyond the reach of millions, forcing many to resort to cheaper, ultra-processed foods," they said. Ultra-processed foods, which have been linked to a long list of non-communicable diseases, including cancer and d…
(2024-10-21). U.S. and China Why Not a Deal? counterpunch.org 
An old theme within social theory holds that societies with very unequal distributions of wealth can sustain their social cohesion so long as total wealth is growing. Such total growth enables all who get a distributed share of that wealth—even those with the smallest shares—to experience at least some increase. The rich with the biggest shares can grab most of the growth so long as some is provided to those with small shares. The pie analogy works well: so long as the pie is growing all distributed shares of it can also grow. Some will grow more, others less, but all can grow. If all do grow, social…
(2024-10-21). Blasts hit Beirut as Israel warns of strikes on Hezbollah finance arm. scmp.com Israel says it will attack 'infrastructure' of US-sanctioned Al-Qard Al-Hassan, calling on people to move away from its facilities.
(2024-10-21). Video: Air attacks in Lebanon as Israel bombs 'Hezbollah's financial arm'. aljazeera.com Israel has targeted sites in Lebanon belonging to what they say is 'Hezbollah's financial arm'.
(2024-10-21). Israel Targets Hezbollah's Financial Network in Renewed Lebanon Strikes. themedialine.org 
(2024-10-21). Matriculants encouraged to apply for NSFAS funding. sanews.gov.za Matriculants encouraged to apply for NSFAS funding | As the 2024 National Senior Certificate (NSC) examinations kick-off today, Higher Education and Training Minister, Dr Nobuhle Pamela Nkabane, has reminded all matriculants to seize the opportunity to apply for funding through the National Student Financial Aid Scheme (NSFAS). | "The application window will close on 15 December 2024, and there are now just 55 days to submit applications. Eligible students are urged to apply promptly to secure financial support for their post-school education," Nkabane said. | Nkabane extended well wishes to all matriculants, who…
(2024-10-21). Israeli jets hit financial institutions as they pound Beirut and southern Lebanon. middleeasteye.net 
Israeli jets hit financial institutions as they pound Beirut and southern Lebanon | US envoy arrives in Beirut to try and negotiate resolution to violence in Lebanon | | An overnight Israeli air strike targeted a branch of the Al-Qard Al-Hassan finance group in Beirut's southern suburbs on 21 Oct…
(2024-10-21). Australia: Vote "no" to union-government sell out of NSW health workers! wsws.org The "new" offer contains the same sub-inflationary 3.5 percent pay "rise" that workers decisively rejected in July, but the Health Services Union bureaucracy is promoting the deal as a win and pushing workers to accept it.
(2024-10-21). Principal sacked in Kunming after rotten meat served in school cafeteria. ecns.cn With an investment of approximately 20 million euros ($21.69 million), Bayer Consumer Health launched the China Center of Innovation and Partnership (CCIP) in Shanghai on Wednesday, aiming to integrate more deeply into the country's innovation ecosystem.
(2024-10-21). Enhancing Saudi-Chinese Tourism Ties: Expanding Investment and Travel Opportunities. tvbrics.com 
This renewed partnership sets the stage for significant growth in the tourism sectors of both nations…
(2024-10-20). Principal sacked in Kunming after rotten meat served in school cafeteria. ecns.cn With an investment of approximately 20 million euros ($21.69 million), Bayer Consumer Health launched the China Center of Innovation and Partnership (CCIP) in Shanghai on Wednesday, aiming to integrate more deeply into the country's innovation ecosystem.
(2024-10-21). Telegraph Misled Readers on Climate Change Impact, rules Press Watchdog in Rare Slap-Down. bylinetimes.com 
Following a six month back-and-forth with a climate think tank, the Independent Press Standards Organisation (Ipso) has now upheld a complaint against the newspaper over an article published in April this year, which claimed there had been a "fall in weather [related] delays" on the rail network. | The story claimed that it "eroded" the Network Rail chief's warnings over the impact of climate change on the sector. | But in response to a complaint from the non-profit Energy & Climate Intelligence Unit, which tackles misinformation on the climate crisis, Ipso found that the article's headline and opening sente…
(2024-10-21). Kotak Mahindra's Poor Stock Performance Amid Profit Growth. devdiscourse.com Shares of Kotak Mahindra Bank faced a significant decline, plummeting nearly 7% following the announcement of its September quarter earnings, which didn't meet investor expectations.
(2024-10-21). Students And Faculty Encountering Stricter Anti-Protest Rules. popularresistance.org This semester returning university students have encountered stricter anti-protest regulations at their schools, while advocates continue to deal with fallout from last spring's Gaza solidarity | "University administrators across the United States have declared an indefinite state of emergency on college campuses," wrote National SJP organizer Carrie Zaremba in September. "Schools are rolling out policies in preparation for quashing pro-Palestine student activism this Fall semester, and reshaping regulations and even campuses in the process to suit this new normal." | Palestine Legal senior staff attorney Radhika…
(2024-10-21). PLA monitors U.S., Canadian warships passing through Taiwan Strait. ecns.cn The Eastern Theater Command of the People's Liberation Army (PLA) tracked and monitored the USS Higgins and the Canadian warship respectively abiding by laws and regulations as they passed through the Taiwan Strait on Sunday, the command's spokesman Li Xi said.
(2024-10-20). PLA monitors U.S., Canadian warships passing through Taiwan Strait. ecns.cn The Eastern Theater Command of the People's Liberation Army (PLA) tracked and monitored the USS Higgins and the Canadian warship respectively abiding by laws and regulations as they passed through the Taiwan Strait on Sunday, the command's spokesman Li Xi said.
(2024-10-21). 'Strikes work!' Boeing union workers win tentative contract with 35% wage increase. therealnews.com 
This story originally appeared in Striking union members who work for the aerospace giant Boeing reached a tentative contract agreement Saturday after nearly 6 weeks on the picket line demanding better wages and benefits. | The International Association of Machinists (IAM) and Aerospace Workers District 751, which has been on strike since September 13, announced the breakthrough in a statement and B…
(2024-10-21). IMF runs into deepening debt crisis and contradictions of global capitalism. wsws.org In a curtain raiser address in advance of the IMF-World Bank meeting this week the IMF chief drew attention to rising levels of government debt.
(2024-10-21). Why Are Young Working-Class Men More 'Conservative'? counterpunch.org 
It has been a safe assumption for generations that young people tend to be more liberal than their elders. However, in today's United States, some of the conventional wisdom around age and ideology is being upended. Young women are moving farther to the left than expected while their male peers are disturbingly tending toward conservatism, even in comparison to older men. The reasons behind this cleaving, broadly speaking, stem from the twilight of patriarchy and the failure of capitalism.
(2024-10-21). CADTM International Council | Day 1 | The polycrisis of capitalism. cadtm.org
(2024-10-21). WorkWeek On UCSF Health Workers For Palestine, SFSU Palestine Action, UAL Mechanics & AFA. indybay.org WorkWeek On UCSF Health Workers For Palestine, SFSU Palestine Action , UAL Mechanics & Flight Attendants, Lessons Of Bhopal, Extraction Industries & Capitalism With Kakoli Matri…
(2024-10-21). China develops comprehensive industrial base for the intelligent connected vehicle sector. tvbrics.com 
It includes key components and technologies such as basic chips, sensors, computing platforms and chassis control…
(2024-10-21). Cuba: Power Outages Prolonged Due To Delays In Energy Recovery. popularresistance.org Today, Cuba once again experienced a total power outage after the recovery process of the National Electric System (SEN), initiated the day before following a blackout caused by a failure at a thermoelectric plant, failed. The Caribbean nation is unable to purchase or modernize its electrical machinery due to the draconian, unilateral blockade of the US. | The process of re-energizing the SEN was then initiated, gradually restoring power to certain areas of the country with the goal of expanding and connecting them to eventually reach the thermoelectric plants and restart them. However, a new total disconnection…
(2024-10-21). Xi urges strategic missile troops to enhance capabilities. ecns.cn Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, learns about the history of a brigade, on Oct.17, 2024. Xi inspected a brigade of the Chinese People's Liberation Army Rocket Force on Thursday.
(2024-10-20). Xi urges strategic missile troops to enhance capabilities. ecns.cn Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, learns about the history of a brigade, on Oct.17, 2024. Xi inspected a brigade of the Chinese People's Liberation Army Rocket Force on Thursday.