2024-10-23: News Headlines

Editor (2024-10-23). The struggle for University divestment in the age of finance capital. mronline.org The boundaries that separate higher education from "the rest" of the capitalist economy have eroded, imperfectly and unevenly but to a sufficient extent that the systemic force of financial markets dictates investment decisions and makes universities hard to distinguish from banks.

WSWS (2024-10-23). More miners die, others left unpaid, as Russia's workers pay the price for war economy. wsws.org Siberian miners began a hunger strike over unpaid wages on Monday, four days after three were killed in a gold mine collapse in the Russian Far East.

Ben Norton (2024-10-23). Elite US economist warns: dollar system is weakening as gold BRICS rise. geopoliticaleconomy.com The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns mainstream American economist Mohamed El-Erian. Countries are seeking financial alternatives, especially Global South nations around BRICS.

ecns.cn (2024-10-23). North China expands trade via freight rail. ecns.cn With regular freight train service from Qisumu International Logistics Park in Ulaanqab, Inner Mongolia autonomous region, to Moscow now in operation, experts said the new route opens a trade channel for North China, and will further expand its exports with the support of the Belt and Road Initiative.

ecns.cn (2024-10-23). Zhejiang breaks the $7,000 threshold in per capita disposable income. ecns.cn East China's Zhejiang province broke the 50,000 yuan ($7,020) threshold in terms of per capita disposable income for the first time during the Jan-Sept period this year, reaching 52,206 yuan to secure the third spot among the 31 provinces, autonomous regions, and municipalities in the Chinese mainland, Economic Views reported on Wednesday, quoting the latest data from the National Bureau of Statistics.

presstv.ir (2024-10-23). Iran: BRICS must accelerate de-dollarization of global economy. presstv.ir That includes, President Pezeshkian said, creating a BRICS currency basket or a new settlement mechanism independent of the dollar.

aljazeera (2024-10-23). Tokyo Metro shares soar in Japan's biggest IPO since 2018. aljazeera.com Japanese subway operator's shares soar as much as 47 percent in biggest listing since 2018.

aljazeera (2024-10-23). Bank of Canada cuts interest rates, says fight against inflation 'worked'. aljazeera.com The cut on Wednesday, the fourth in a row, was bigger than expected as September inflation sank below target.

aljazeera (2024-10-23). McDonald's linked to E. coli outbreak that left 1 dead, dozens sick in US. aljazeera.com At least 49 people sickened after E. coli outbreak linked to McDonald's quarter pounders, health officials say.

Ileana Ferrer Fonte (2024-10-23). Ecuador ongoing power crisis takes heavy toll on the economy. plenglish.com Quito, Oct 23 (Prensa Latina) Ecuador marks on Wednesday one month of extended daily blackouts due to the energy crisis gripping the country, in the aftermath of drought and lack of appropriate investment, a situation that affects the economy and daily life at large.

Pressenza New York (2024-10-23). Welcome to BRICS+: The Economic Power of a Multipolar World. pressenza.com The developing world arrived in Kazan, the capital of Republic of Tatarstan, driving by economic transformation proposals backed by the numerical strength of participants to portray their collective weight of influence to boost de-dollarization and a new global financial payment system, design a new mechanism for a long-term economic integration and complex architecture. For much of its significant collective activities these past several years, BRICS (Brazil, Russia, India, China and South Africa) has been viewed and described from perspectives of supporting the economic development in the Global South, Southeas…

Editor (2024-10-23). Venezuela: Opposing the blockade is our main task. mronline.org The United States is waging an economic war against Venezuela.

Jomo Kwame Sundaram (2024-10-23). Another Nobel for Anglocentric Neoliberal Institutional Economics. mronline.org New institutional economics has received another so-called Nobel prize, ostensibly for again claiming that good institutions and democratic governance ensure growth, development, equity & democracy.

Sarah Anderson (2024-10-23). Arriving at a New Consensus: Immigrants and Asylum Seekers are a Key Driver of Economic Growth. inequality.org On June 4, 2024, President Joseph Biden signed an Executive Order allowing border agents to deny entry to humanitarian asylum seekers without an appointment. The number of asylum seekers had already declined in the months since a bipartisan border deal was agreed proposing a higher cap. Nonetheless, the limit announced by the White House was …

Collective, CADTM International (2024-10-23). Demanding Debt, Economic and Climate Justice! cadtm.org

Michael Roberts (2024-10-23). IMF and BRICS: no return to Bretton Woods. cadtm.org This week the IMF-World Bank semi-annual meeting takes place in Washington, US. At the same time, the BRICS+ group meets in Kazan, Russia, that set the future world economic order to be established at the end of WW2. At the time, the then US president Franklin Roosevelt offered these prophetic words: "The point in history at which we stand is full of promise and of danger. The world will either move toward unity and widely shared prosperity or it will move apart into necessarily competing (…) | – | / | <...

W. T. Whitney Jr., Emile Schepers (2024-10-23). For Cuba, U.S. elections have major consequences. peoplesworld.org At the end of October, the United Nations General Assembly, for the 32nd consecutive year, will be voting on a resolution submitted by Cuba claiming "the necessity to put an end to the economic, commercial, and financial blockade imposed by the United States of America against Cuba." As they do every year, the delegates will most likely …

tvbrics (2024-10-23). India explores investment opportunities in Zimbabwe. tvbrics.com A delegation of Indian businessmen is visiting Zimbabwe in a bid to explore investment opportunities in the country based on its potential economic growth…

aljazeera (2024-10-23). Taxes and tractors in the US election. aljazeera.com We look at how the two main candidates in the US election plan to change the US economic landscape.

Luis Linares Petrov (2024-10-23). China inaugurates a Linking Office of the University of Havana. plenglish.com Hangzhou, China, Oct 23 (Prensa Latina) A Linking Office of the University of Havana was inaugurated to promote educational, cultural exchange and economic cooperation between China and Cuba.

Luis Linares Petrov (2024-10-23). ECLAC to present regional foreign trade outlook in Chile. plenglish.com Santiago de Chile, Oct 23 (Prensa Latina) The Economic Commission for Latin America and the Caribbean (ECLAC) will present at its headquarters in Chile the annual report on the outlook for international trade in the region for 2024.

tn.ai (2024-10-23). Iran Urges BRICS to Push for Regional Peace. tn.ai TEHRAN (Tasnim) — Iranian President Masoud Pezeshkian called on the BRICS members to help stop the war on Gaza and Lebanon and deescalate tensions in the West Asia, stressing that global welfare and economic development will only be achieved in light of peace and security across the world.

ecns.cn (2024-10-23). Unlocking Chinese Cities | The global hub for 'trendsetting wigs'. ecns.cn Xuchang's wigs are exported to over 120 countries and regions, capturing more than half of the global market share. In European and American markets, the share exceeds 40%, while in the African market, it surpasses 70%.

Eric Toussaint (2024-10-23). The World Bank mired in contradictions about poverty. cadtm.org

Michael Roberts (2024-10-23). Measuring global poverty. cadtm.org

Lakeisha McVey (2024-10-23). Cash is King: Why Cash is the Best Tool to End Poverty. otherwords.org My mom's the hardest working person I know. She had a stable job and benefits, but that didn't save us from homelessness. | For years, we bounced between shelters, churches, motel rooms, and apartments. Benefits programs helped us make ends meet, as they do for tens of millions of Americans. But I can't help imagining how different my childhood would've been if my mom simply had access to more cash. | Most benefits programs provide one kind of aid and require you to jump through hoops to get it. For example, the Housing Choice Voucher Program (or "Section 8") pays landlords to house low-income tenants who can't o…

aljazeera (2024-10-23). UK PM says ties with Trump 'good' after US election 'interference' claims. aljazeera.com Keir Starmer bats away accusations that Labour volunteers backing Kamala Harris made 'illegal' foreign contributions.

aljazeera (2024-10-23). Why has Trump accused the UK's Labour Party of election interference? aljazeera.com The US Republican presidential candidate has filed a legal complaint against UK's governing party for meddling.

newarab (2024-10-23). Trump campaign accuses UK Labour Party of election interference. newarab.com The Republican candidate's camp has filed a complaint with the Federal Election Commission in Washington, calling for an investigation into what it termed apparently ille…

newarab (2024-10-23). UK says Israel arms exports won't be used to break int'l law. newarab.com A UK minister has told parliament that arms exports to Israel comply with UK Labour Minister It comes a…

Reuters (2024-10-23). Trump team accuses UK Labour Party of 'interference' in US election. scmp.com UK Prime Minister Keir Starmer insisted his relationship with Donald Trump was not in jeopardy amid interference claims.

ecns.cn (2024-10-23). Chinese experts sample Fukushima Nuclear contaminated water. ecns.cn Experts from China, South Korea, and Switzerland, in coordination with the International Atomic Energy Agency (IAEA), began marine samplings near the Fukushima Daiichi Nuclear Power Plant on October 15. These experts personally collected samples, which will later be analyzed in their respective laboratories.

SAM (2024-10-23). The Right Wants To Overturn A Foundational Labor Law. progressivehub.net SHAUN RICHMAN | IN THESE TIMES…

Pablo Rafael Fuentes (2024-10-23). Continúan suspendidas actividades docentes y laborales. radiohc.cu La Habana, 23 oct (RHC) Para continuar las labores derivadas del período de recuperación de los daños causados por el paso del Huracán Oscar por la región oriental del país y del restablecimiento del Sistema Eléctrico Nacional, el Consejo de Defensa Nacional ha dispuesto extender hasta el próximo domingo 27 de octubre, las medidas adoptadas por el Gobierno, publicadas el pasado 20 de octubre de 2024, relacionadas con las actividades laborales y docentes.

Pablo Rafael Fuentes (2024-10-23). Continúan suspendidas actividades docentes y laborales. radiohc.cu La Habana, 23 oct (RHC) Para continuar las labores derivadas del período de recuperación de los daños causados por el paso del Huracán Oscar por la región oriental del país y del restablecimiento del Sistema Eléctrico Nacional, el Consejo de Defensa Nacional ha dispuesto extender hasta el próximo domingo 27 de octubre, las medidas adoptadas por el Gobierno, publicadas el pasado 20 de octubre de 2024, relacionadas con las actividades laborales y docentes.

Mark Gruenberg (2024-10-23). Flak flew as Boeing Machinists vote on second tentative contract. peoplesworld.org SEATTLE—Flak flew against Machinists leaders as 32,000 members who work for Boeing in Seattle, Everett, and elsewhere around Puget Sound in Washington and another 1,200 who toil in Portland, Ore., went to the polls on October 23 to vote on a second tentative agreement with the giant, but financially reeling, aircraft maker. There were two …

Editor (2024-10-23). U.S. is spending $28 billion on Sinophobic propaganda to colonise your brain. mronline.org Whoever owns the narrative owns the world—and things just got a lot tougher for those of us opposed to the metastasising brain cancer known as U.S. influence campaigns—or "perception management".

Ana Vraƒçar, People's Dispatch. (2024-10-23). Naples Protests G7 'Lords Of War'. popularresistance.org Thousands of people took to the streets of Naples on October 19, demonstrating against the G7 military agenda and Italy's proposed reforms that would limit the freedom to dissent. Protesters, representing a host of organizations including student associations, trade unions, and community centers, rallied against Prime Minister Giorgia Meloni's government's policies, demanding a shift in priorities toward social needs instead of military spending. Side by side with the protest in Naples, demonstrations were held in dozens of cities across Italy, as reported by the left political party, Power to the People (Potere…

C.J. Atkins (2024-10-23). Republicans aren't waiting for Trump — Project 2025 starts now. peoplesworld.org The far-right Heritage Foundation may have drafted its Project 2025 as an ambitious agenda for a second Trump presidency, but Republicans in Congress aren't waiting around for that. GOP lawmakers in the House of Representatives have already added more than 300 Project 2025 poison pills into draft government spending bills that must be passed before …

tvbrics (2024-10-23). Brazilian government announces US$589 million investment in science, technology, and innovation. tvbrics.com The initiative will focus on enhancing research infrastructure and supporting innovation-driven projects…

tvbrics (2024-10-23). Trade between Egypt and BRICS countries increases by 15 per cent in 2024. tvbrics.com Saudi Arabia ranked first in the list of BRICS countries with the highest investment in Egypt…

tvbrics (2024-10-23). India's Space Industry Growth: Focus on Affordable Small Satellites. tvbrics.com Space companies in India are leading the way with affordable satellite production, attracting global attention and investment…

Sonali Kolhatkar (2024-10-23). Why are young working-class men more 'conservative'? nationofchange.org It's not just about women's increasing power and independence—it's about capitalism failing us all.

CADTM International, Pablo Laixhay (2024-10-23). CADTM International Council | Day 1 | The polycrisis of capitalism. cadtm.org

english.almanar.com.lb (2024-10-23). Israeli media: Damage by rocket impact in an industrial area near Acre. english.almanar.com.lb

María Candela (2024-10-23). Sincronizó al Sistema Electroenergético Nacional Unidad No. 4 de Termoeléctrica de Cienfuegos (+Audio). radiohc.cu Cienfuegos, 23 oct (RHC) La Unidad Japonesa No. 4 de la Central Termoeléctrica Carlos Manuel de Céspedes, de esta ciudad industrial , sincronizó al Sistema Electroenergético Nacional en horas de la tarde del martes y se encuentra trabajando de manera estable.

UMMID (2024-10-23). Abu Dhabi to host Bitcoin Conference 2024. ummid.com Billed as the world's largest Bitcoin event, Bitcoin Conference 2024, is set to hold its inaugural Middle East and North Africa (MENA) conclave in Abu Dhabi.

Cira Pascual Marquina (2024-10-23). 'The Commune is nothing new here': The Rio Cataniapo Commune (Part I). mronline.org A socialist commune in the Venezuelan Amazon draws inspiration from the collective practices of its Indigenous members.

WSWS (2024-10-23). David North addresses meeting at Frankfurt Book Fair. wsws.org On Saturday, David North, chairman of the International Editorial Board of the World Socialist Web Site, spoke to over 100 attendees at the Frankfurt Book Fair on the topic "Back to the Future: Fascism, War and Class Struggle in the 21st Century."

WSWS (2024-10-23). Boeing machinists to vote on sellout contract to end five-week strike. wsws.org One worker told the World Socialist Web Site: "They didn't address the key issues of the members, which is the retirement, and they didn't address correctly the way of how they're going to be taking care of the medical. The contract is a joke."

Democracy Now! (2024-10-23). Democracy Now! 2024-10-23 Wednesday. democracynow.org Headlines for October 23, 2024; "We Have Lost All Credibility": Hala Rharrit on Quitting State Dept. & Ending U.S. Complicity in Gaza; "Historic Opportunity": New Pro-Independence Alliance Aims to Shake Up Puerto Rico Politics; Democratic Socialist Zohran Mamdani Enters NYC Race as Indicted Mayor Eric Adams Refuses to Resign | Headlines for October 23, 2024; "We Have Lost All Credibility": Hala Rharrit on Quitting State Dept. & Ending U.S. Complicity in Gaza; "Historic Opportunity": New Pro-Independence Alliance Aims to Shake Up Puerto Rico Politics; Democratic Social…

Chris Gilbert, Cira Pascual Marquina, Venezuelanalysis. (2024-10-23). 'The Commune Is Nothing New Here': The Rio Cataniapo Commune. popularresistance.org Early in the last decade a set of communities along the Cataniapo River started to organize themselves to protect the river's ecosystem and bolster their agricultural and handicraft production. A few years later, in response to Chávez's call to build socialist communes, 15 community councils in the area came together to form the Rio Cataniapo Commune. | Today, approximately 1500 people participate in the Río Cataniapo Comune. They come from various ethnic backgrounds, but the majority identify as Indigenous and some still practice common ownership of land.

Editor (2024-10-23). Canada Must Act NOW to Stop Israeli War Crimes in Northern Gaza. socialistproject.ca Dear Prime Minister, | We, the undersigned humanitarian, religious, community and civil society organizations from all over Canada, express profound alarm at the rapidly worsening situation in northern Gaza. Civilians are being burned alive in an ongoing campaign of violence that has reached unimaginable levels of brutality. | The humanitarian infrastructure has completely collapsed — no clean water is available, with

Ana Luisa Brown (2024-10-23). Cuban and Chinese Communists hold meeting in Havana. plenglish.com Havana, Oct 23 (Prensa Latina) Organization Secretary of the Communist Party of Cuba (PCC), Roberto Morales, and head of the Propaganda Department of the Communist Party of China (CPC), Li Shulei, inaugurated here today the 6th Theoretical Seminar on both political groups.

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