Daily Archives: October 24, 2024

2024-10-24: News Headlines

infobrics (2024-10-24). Kamala Harris fears Donald Trump will win "Blue Wall" states. infobrics.org The declining US economy weighs heavily on voter decision-making.

Ben Norton, Geopolitical Economy. (2024-10-24). Elite US Economist Warns: Dollar System Is Weakening As Gold BRICS Rise. popularresistance.org More and more countries around the world, particularly in the Global South, are seeking alternatives to the US dollar-dominated financial system, as part of an international drive known as de-dollarization. | Many Western media outlets and pundits, however, have argued that de-dollarization is overblown. | One of such naysayers is New York Times columnist Paul Krugman, a centrist economist who was awarded the so-called "Nobel Prize" in economics (which in reality is issued by Sweden's conservative central bank). | In a 2023 article, Krugman claimed to "debunk" the critics of the dollar system, asserting that "the…

infobrics (2024-10-24). Saudi Arabia Signs Agreement with Brazilian Space Agency at G20 Space Economy Leaders Meeting. infobrics.org Saudi Space Agency Vice Chairman and CEO Dr. Mohammed Altamimi led the Saudi delegation to the fifth edition of the G20 Space Economy Leaders Meeting, held in Foz do Iguaàßu…

presstv.ir (2024-10-24). 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 (2024-10-24). Boeing workers vote to reject wage deal, extend strike. aljazeera.com Nearly two-thirds of workers reject offer that includes a 35 percent pay rise.

aljazeera (2024-10-24). US mother says in lawsuit that AI chatbot encouraged son's suicide. aljazeera.com Florida mother sues Character.AI and Google after 14-year-old son allegedly became obsessed with AI chatbot.

aljazeera (2024-10-24). Want to know who will win the US election? Take a look at the stock market. aljazeera.com The S&P 500 has a strong track record of predicting the winner of US elections, but old rulebooks may no longer apply.

aljazeera (2024-10-24). Tesla reports better than expected profit, sending shares higher. aljazeera.com Texas-based company reports $2.2bn profit for July to September, after back-to-back disappointing quarters.

United World International (2024-10-24). The economic crisis in Europe and new opportunities for Turkish Stream and the whole of Türkiye. uwidata.com By Ihsan Sefa (retired colonel, Turkish Armed Forces) The situation in the Turkish economy in recent years is far from ideal. According to the Central Bank of the Republic of Türkiye, inflation in August was 51.97 percent compared to August last year. Why is our economy in trouble? Türkiye is not characterized by a wealth …

ecns.cn (2024-10-24). Hong Kong-Zhuhai-Macao Bridge celebrates 6th anniversary with record crossing. ecns.cn Part of the Hong Kong-Zhuhai-Macao Bridge in Zhuhai City, south China's Guangdong Province, September 1, 2024.The Hong Kong-Zhuhai-Macao Bridge (HZMB) celebrates its sixth anniversary of opening to traffic on Thursday, with a record number of passengers and vehicles crossing, according to data.

ecns.cn (2024-10-24). Belt and Road Energy Partnership sees cooperation expand to 34 countries. ecns.cn The number of participants in the Belt and Road Energy Partnership has expanded to 34 countries, CCTV News reported on Thursday.

ecns.cn (2024-10-24). Iran joins Belt and Road Energy Partnership. ecns.cn Iran became the 34th country to become a member of the Belt and Road Energy Partnership (BREP).

ecns.cn (2024-10-24). Former PBOC Governor: mBridge complements U.S. dollar use rather than excludes. ecns.cn Project mBridge does not exclude the use of the dollar and will focus on facilitating payments for small-amount current account transactions, said a former Chinese central bank governor.

ecns.cn (2024-10-24). Import expo to boost openness, market access. ecns.cn The 7th China International Import Expo is a significant effort by the world's second-largest economy to enhance its high-level openness and provide the world with access to its super-sized market.

ecns.cn (2024-10-24). Jan-Sept industrial output proves solid. ecns.cn China's industrial economy maintained steady growth in the first three quarters, with more efforts to boost vehicle consumption, said the Ministry of Industry and Information Technology.

infobrics (2024-10-24). BRICS' Currency Dilemma: A Necessary Quality Leap Beyond the Dollar. infobrics.org Unfortunately, bilateral trade in national currencies may impede the deepening of economic ties among BRICS countries. Hence, establishing an alternative medium of exchange is both essential and urgent…

infobrics (2024-10-24). On BRICS+ Policy Coordination. infobrics.org The idea of policy coordination among BRICS has clearly become more popular in the past several years and yet there is still a lack of detail and focus with respect to the possible modalities of such cooperation in the sphere of trade and macroeconomic policy…

infobrics (2024-10-24). Polar Silk Route And Sino-India Arctic Geopolitics. infobrics.org In the 21st century, the Arctic region has become highly significant in terms of strategy, geopolitics, and economics. Science is playing a substantial role in the Arctic, raising global awareness about its distinct ecosystem and the ongoing geopolitical maneuvers by both Arctic and non-Arctic states…

Prof. Patrick Bond (2024-10-24). 'The Blessing' for Genocide. Nearly All BRICS+ Regimes Nurture Israel, Economically. Prof. Patrick Bond. globalresearch.ca The Biden-Harris genocide-facilitation team is

ecns.cn (2024-10-24). Comicomment: Closer BRICS cooperation fuels more inclusive development. ecns.cn BRICS is not merely a political or economic cooperation mechanism but a platform for diverse nations to work together on common goals of development and prosperity. The newly expanded group is expected to strengthen cooperation among nations of the Global South and advance efforts to face those challenges and improve global governance toward greater equity and inclusiveness.

Michael Roberts (2024-10-24). 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 (…) | – | / | <...

Michael Roberts (2024-10-24). 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 (…) | – | / | <...

Julia Conley, Common Dreams. (2024-10-24). Report: Billionaire Investors Are 'Supercharging' Housing Crisis. popularresistance.org A new report out Monday puts "into numbers the trend that ordinary Americans have known to be true for years," said economic justice advocates behind the analysis: "Their everyday struggles of affording a home are made worse by the sweeping influence that billionaires have over the market." | The Institute for Policy Studies (IPS) joined Popular Democracy in compiling a 71-page report titled Billionaire Blowback on Housing, aiming to get to the bottom of growing concerns in recent years about how Wall Street, as Democratic vice presidential nominee and Minnesota Gov. Tim Walz said earlier this month, is "buying u…

WSWS (2024-10-24). IMF forecasts low growth and calls for unending government spending cuts. wsws.org The best-case scenario in the World Economic Outlook report was that medium-term global growth would remain lacklustre at 3.1 percent.

Jan Ritch-Frel — Michael Hudson (2024-10-24). What Ideas From the Paleolithic Are Still With Us in the Modern World? counterpunch.org Today, we are smothered in a fake storyline, a fake origin myth for economics. Margaret Thatcher typifies this attitude. You have to pay the debts. You have to let the rich people take over because they get wealthy. And unequal wealth is what civilization is all about. The ability of wealthy people to crush and destroy civilization is Western progress.

ecns.cn (2024-10-24). 5G application speeds up digital transformation of Chinese industries. ecns.cn China has integrated 5G applications into about 76 of the 97 national economic categories, indirectly generating output of about 14 trillion yuan, the Ministry of Industry and Information Technology announced Wednesday.

ecns.cn (2024-10-24). IMF warns of challenges to global growth. ecns.cn The International Monetary Fund has warned about the global economic outlook, downgrading its growth projections and highlighting many challenges, from escalating geopolitical conflicts to the looming threat of increased trade protectionism.

Collective, CADTM International (2024-10-24). Demanding Debt, Economic and Climate Justice! cadtm.org

Eric Toussaint (2024-10-24). The World Bank mired in contradictions about poverty. cadtm.org

Michael Roberts (2024-10-24). Measuring global poverty. cadtm.org

Dean Baker (2024-10-24). CNBC Hides the Extent to Which Trump Tax Proposal Would Hurt Moderate and Middle-Income Families. counterpunch.org CNBC, which is owned and controlled by people who will pay lower taxes with Donald Trump back in the White House, ran a PR piece for Donald Trump's tax agenda. The piece is headlined "Trump Tax Plans Could Exempt 93 Million Americans From Income Tax." The piece highlights several proposals that Trump has thrown out

newarab (2024-10-24). 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…

Rhoda Wilson (2024-10-24). Starmer's Chief of Staff is at the helm of Britain's interference in US elections. expose-news.com Yesterday, The Telegraph reported that senior aides to Sir Keir Starmer have been drawn into a row with Donald Trump over claims the Labour Party broke US electoral law by advising Kamala …

Hannah Sharland (2024-10-24). Assisted dying lobby group Dignity in Dying has direct links to Keir Starmer and Alan Milburn. thecanary.co One of the major lobby organisations calling for MPs to back a new assisted dying bill, Dignity in Dying, has significant ties to Labour Party prime minister Keir Starmer. On top of this, a board member of its sister charity has connections to none other than new Department of Health and Social Care (DHSC) head […] | By

APR editor (2024-10-24). NZ's Labour calls on other cities to follow Israel boycott lead. asiapacificreport.nz Asia Pacific Report New Zealand's opposition Labour Party has backed Christchurch City Council and called for other cities to block business with firms involved in Israel's illegal settlements in the Occupied Palestine Territories. "It is great that Christchurch is the first council in New Zealand to take up this cause. We hope others will follow…

Abdul Rahman (2024-10-24). Left parties in India protest arms exports to Israel. peoplesdispatch.org On October 21, left-wing parties in India held a protest and sit-in outside the Adani-Elbit factory in Hyderabad, Telangana, demanding an immediate ban on all weapon supplies to Israel. The protesters, carrying flags and banners depicting Israel's massacre of Palestinians, chanted slogans condemning Israel's Zionist regime and its collaboration with India. | S. Veeraiah, a leader of the Communist Party of India (Marxist), Telangana,

WSWS (2024-10-24). Australian construction workers speak out against Labor government attack on CFMEU. wsws.org "This is a way of stopping dissenting voices. This is a threat. It can apply to any union who steps out of line."

María Candela (2024-10-24). Desde Camagàºey hasta Guantánamo, la ayuda de los eléctricos tras Oscar. radiohc.cu Hasta Guantánamo, provincia de Cuba severamente afectada tras el paso del huracán Oscar, llega la Formación Especial Eléctrica Ignacio Agramonte, de Camagàºey, para colaborar en las tareas de recuperación.

UC Santa Cruz Special Events (2024-10-24). Tuesday 11/12: Black Musicians' Fight for Labor Equality with Leta Miller. indybay.org Music Recital Hall, UC Santa Cruz, 402 McHenry Rd, Santa Cruz…

Pablo Rafael Fuentes (2024-10-24). Pommeck Dalaloy, un pilar en la colaboración médica Cuba-Laos. radiohc.cu La Habana, 24 oct (RHC) Cuando hace 51 años la primera brigada médica cubana llegó a la zona liberada de Laos el joven doctor Pommeck Dalaloy fungía ya, desde su apertura en 1972, como director del Hospital de la Amistad Lao-Vietnam.

United Front Committee For A Labor Party (2024-10-24). Stop Privatization, School Closing & Union Busting In SFUSD & CCSF. indybay.org The mayor of San Francisco has taken over the SFUSD and put her privatizer Maria Su in as Superintendent although she has no education experience which has been required for the position. She has also supported the attack on CCSF Free City College Program budget. The UESF leadership has also supported Mayor Breed's taking control of the District with her hand picked appointment…

Raúl Rodríguez (2024-10-24). Abre Cuba con triunfo en inicio de Copa del Caribe de Beisbol. radiohc.cu Nassau, Bahamas, (24 oct).- El equipo Cuba B se apoyó en una gran labor del derecho José Ignacio Bermúdez, quien colgó cinco ceros, propinó 10 ponches y permitió solo tres imparables, para abrir con victoria de 8×0 sobre el de San Martín en la VI Copa del Caribe de Beisbol, con sede en esta ciudad.

Chuck Collins (2024-10-24). How Billionaire Investors Are Disrupting the U.S. Housing Market. counterpunch.org The over-focus on expanding housing supply through for-profit development misses a key contributor to the housing crisis: the concentration of wealth and power. The challenges of the U.S. housing crisis go beyond supply or fixing local land use regulations. The billionaire class and billionaire-backed private equity investors have become a driving force in the U.S. housing crisis.

Eric Worrall (2024-10-24). AEMO Head Avoids Endorsing a Government Guarantee that Renewables will Reduce Energy Prices. wattsupwiththat.com The Australian Energy Market Operator, the industry body tasked with overseeing electricity supplies in East Coast Australia, has shied away from endorsing an Aussie government claim that renewables will reduce prices.

News Desk, The Cradle. (2024-10-24). Leaked Report Finds Israel Targeting United Nations Troops In Lebanon. popularresistance.org Israel's military has attacked UNIFIL troops deployed on the Lebanon—Israel border a dozen times, including possibly with white phosphorus, the Financial Times (FT) reported on 22 October. | According to a confidential report prepared by a country contributing troops to the UN mission, Israeli forces forcibly entered a clearly marked UN base and are suspected of using the incendiary chemical white phosphorus, injuring 15 UN soldiers. | Israeli forces began targeting UN troops shortly after launching ground operations across the border into Lebanon on 1 October. | UNIFIL has called the attacks "deliberate" a…

Editor (2024-10-24). BRICS plans 'multi-currency system' to challenge U.S. dollar dominance: Understanding Russia's proposal. mronline.org The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the U.S. dollar. Russia's finance ministry and central bank released a report detailing plans to transform the international monetary and financial system.

aljazeera (2024-10-24). Can BRICS reshape the financial world order? aljazeera.com BRICS's first summit since its expansion in 2023 discussed proposals to reduce reliance on US dollar and SWIFT system.

Anand Naidoo (2024-10-24). The Heat: BRICS Summit. america.cgtn.com On the second day of the BRICS Summit in Russia, the leaders of developing countries issued the Kazan Declaration. It outlines common goals in global issues, with more cooperation to de-escalate conflicts and work on improving the financial system. Chinese President Xi Jinping stressed the importance of the role of the bloc's members in an increasingly turbulent world. | Our guests: | Anton Fedyashi…

judyhaiven.substack (2024-10-24). If silencing Canadian doctors who support Palestine doesn't always work, the sting of punishment does. judyhaiven.substack.com Many Canadian Jews who exercise political, financial or other power, refuse to address the genocide that is going on in Gaza, the West Bank and now Lebanon.

Staff (2024-10-24). Leaked Report Finds Israel Targeting UN Troops in Lebanon, Injured Several With White Phosphorus. scheerpost.com "UNIFIL Peacekeeper Patrols 'Blue Line'" by United Nations Photo is licensed under CC BY-ND 2.0. By The Cradle Israel's military has attacked UNIFIL troops deployed on the Lebanon—Israel border a dozen times, including possibly with white phosphorus, the Financial Times (FT) reported on 22 October. According to a confidential report prepared by a country contributing troops to the UN mission, …

WSWS (2024-10-24). As Harris campaigns with Liz Cheney, Bernie Sanders hails war criminal Joe Biden in New Hampshire. wsws.org As Kamala Harris crisscrossed battleground states with ultra-right warmonger Liz Cheney, Vermont Senator Bernie Sanders appeared alongside Joe Biden in New Hampshire to tout the pro-corporate Inflation Reduction Act.

Nora Barrows-Friedman (2024-10-24). Israeli forces carry out death marches in north Gaza. electronicintifada.net Israel broadens assaults on civilian life in Lebanon.

C.J. Atkins (2024-10-24). Courting Republicans and ignoring Palestine is no way to win, progressives tell Harris. peoplesworld.org The polls are tightening as the presidential election races toward its final week, and it's clear that successfully blocking Trump is going to hinge on turnout. But with the Harris campaign spending considerable time showcasing its big-name Republican endorsers and refusing to differentiate itself from the Biden administration when it comes to enabling Israel's genocide …

EDWIN (2024-10-24). Zikalala to address KZN investment conference. sanews.gov.za Zikalala to address KZN investment conference | Public Works and Infrastructure Deputy Minster Sihle Zikalala is today expected to deliver a keynote address at the Ray Nkonyeni Municipality (RNM) Investment Conference., , Held under the theme: "Driving sustainable growth through strategic investments", Thursday's conference aims to unlock sustainable investment opportunities within RNM and the KwaZulu-Natal South Coast region. , , Zikalala is expected to speak on programmes such as the new harbour development in the South Coast and support infrastructure for the new Smart City Project under the District Developme…

EDWIN (2024-10-24). Zikalala to address KZN investment conference. sanews.gov.za Zikalala to address KZN investment conference | Public Works and Infrastructure Deputy Minster Sihle Zikalala is today expected to deliver a keynote address at the Ray Nkonyeni Municipality (RNM) Investment Conference., , Held under the theme: "Driving sustainable growth through strategic investments", Thursday's conference aims to unlock sustainable investment opportunities within RNM and the KwaZulu-Natal South Coast region. , , Zikalala is expected to speak on programmes such as the new harbour development in the South Coast and support infrastructure for the new Smart City Project under the District Developme…

Owen Schalk (2024-10-24). In West Africa, Canadian mining firms come up against bloc of independent states. mronline.org An increasingly assertive group of African nations are constraining the ability of Canadian companies to profit from resources.

WSWS (2024-10-24). Sri Lankan delegation tells IMF and World Bank it will continue austerity onslaught. wsws.org The new JVP/NPP government has fully committed to the brutal IMF agenda initiated by the former Wickremesinghe regime to make working people pay for the crisis of Sri Lankan capitalism.

tvbrics (2024-10-24). China to build first-class industrial workforce by 2035 for national rejuvenation. tvbrics.com The initiative to foster skilled artisans and modernise vocational education aims to boost industrial talent and drive national growth…

ecns.cn (2024-10-24). Rice grown in Xinjiang desert. ecns.cn In an agricultural industrial farm in Hotan, Xinjiang Uyghur Autonomous Region, rice is thriving on three-tiered cultivation racks in a plant factory, thanks to vertical, multi-layered space utilization and soilless culture technology, which significantly boosts yield per unit area.

UMMID (2024-10-24). 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.

WSWS (2024-10-24). Australia announces $7 billion missile purchase for war against China. wsws.org The purchase, unveiled in Washington, is transparently aimed at preparing the navy to conduct offensive operations against China throughout the Indo-Pacific.

Staff (2024-10-24). Exposed: Israeli Spies in U.S. Media & How the Media Manufactures Consent for Genocide and Empire. soundcloud.com Most people don't know the extraordinary methods used to influence and shape a pro-Israeli narrative in the corporate owned mainstream media. Practices like banning the use of the word genocide allows U.S. policy makers to normalize imperialism and Israel's killing spree in Gaza and Lebanon. Brian Becker is joined by Alan MacLeod, a journalist with …

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