(2024-12-12). Netanyahu government's latest sin: To stymie reforms that would boost the economy. haaretz.com Historically, Israeli governments have exploited crises to carry out far-reaching changes that guaranteed economic growth. Alas, that's not what the government and the Knesset legal adviser are doing with the vital Economic Arrangements Bill…
(2024-12-12). Wage Stagnation: The Real Threat To Social Security. popularresistance.org No matter what they say about the U.S. economy, finding a job to support yourself is tough when you are starting out. Finding rewarding and meaningful work is an even greater challenge for most. | If you are that lucky, you're preoccupied with paying off student loans and having enough money to travel or afford your own home. Thinking about a secure future after a lifetime of work might not be your greatest concern. | But listen up! In mid-November, the New York Times reported that the Social Security fund that pays retiree benefits is projected to be depleted by 2033.
(2024-12-12). Asia's frustrated young men celebrate the return of Donald Trump. aljazeera.com Young men from China to South Korea are celebrating Trump's re-election as a victory against anti-male sentiment.
(2024-12-12). China issues sixth tranche of yuan-denominated treasury bonds in HKSAR. ecns.cn China's Ministry of Finance (MOF) issued the sixth tranche of yuan-denominated treasury bonds of 2024 worth 6 billion yuan ($825.5 million) in the Hong Kong Special Administrative Region (HKSAR) on Wednesday.
(2024-12-12). Shanghai pushes M&As for high-quality growth. ecns.cn Shanghai's emphasis on the development of pioneering industries, which can be seen in the latest policies to facilitate industry consolidation, can further boost innovation and advance the city's high-quality economic growth, said experts.
(2024-12-12). HK's IPO market to keep top 5 ranking in 2025. ecns.cn International accounting firm KPMG foresees improved investor confidence in Hong Kong's IPO market and expects it to maintain its position among the global top five in 2025, as its financial funding sector shows robust resilience.
(2024-12-12). From Member-Managed LLCs To Cooperative Reform For Inclusive Economies. popularresistance.org Amidst the global surge of refugees and migrants seeking economic opportunities, the call for inclusive, democratic, and cooperative models is more pressing than ever. With 2025 designated as the UN's International Year of Cooperatives, there is a critical need to reform cooperative laws to ensure that no marginalized worker is excluded. This essay explores how inclusive and democratic cooperatives, alongside innovative models like member-managed limited liability companies (LLCs), can address these global labor challenges. | Imagine a world where everyone, regardless of their legal status, can fully participate…
(2024-12-12). Airbus Helicopters delivers first H175 helicopter to China. ecns.cn Airbus Helicopters delivered its first H175to Skyco International Financial Leasing Co., Ltd. in Shenzhen, south China's Guangdong Province on Wednesday, marking an important milestone in low-altitude economic development locally.
(2024-12-12). It's time for the U.S. to bid farewell to NATO. strategic-culture.su NATO, formed in 1949 amidst Cold War tensions, has long relied on US military strength. With Russia's diminished power and Europe's increased economic capacity, it's time for the US to withdraw from NATO. This move would alleviate the burden on American taxpayers, push Europe towards a greater and more healthy sense of self-reliance, and enhance global security through strategic unpredictability.
(2024-12-12). G20 Africa Expert Panel to support Finance Track. sanews.gov.za G20 Africa Expert Panel to support Finance Track | Finance Minister Enoch Godongwana says a G20 Africa Expert Panel will be established to support the work of the G20 Finance Track. | He was speaking during the first day of the G20 Finance and Central Banks Deputies' Meeting, held in Johannesburg, on Wednesday. | The Minister explained that the panel will consist of leading African economic, development and finance experts from the public sector, think tanks, academia and international financial institutions. | "We intend to use our Presidency to advance an African agenda. To further this agenda and ensure that w…
(2024-12-12). Financial injustice a hindrance to Africa's development. sanews.gov.za Financial injustice a hindrance to Africa's development | The transformation of global financial institutions remains critical in addressing Africa's mounting debt challenges, as they perpetuate financial injustice, says United Nations (UN) Secretary-General António Guterres.
"The G20 must lead in delivering financial justice. Financing is fundamental ⚪ from inclusive economic growth, to supporting industrialisation and food security or addressing inequalities," Guterres said during the closing session for the Joint Sherpa-Finance and Central Banks Deputies' Meeting, held in Johannesburg, on Wednesday.
(2024-12-12). Resisting Buekele's Iron Fist. counterpunch.org 
Salvadoran President Nayib Bukele had a huge (though controversial) electoral victory in February 2024. But a small, stubborn legal movement is challenging his popular, indiscriminate war against gangs. Even as the reduction of gang violence brings relief to many Salvadorans, many low-income people see their law-abiding neighbors being swept up arbitrarily in Bukele's war. Understandably,
(2024-12-12). Two thirds of voters agree with capping political donations, new polling reveals. leftfootforward.org A new survey commissioned by Unlock Democracy has found that two thirds of voters favour limiting the amount of money individuals can donate to political parties. | The survey, carried out by Opinium, found that 66% of the 2,050 respondents believe there should be a cap on donations to political parties and politicians, while only 15% said they oppose limiting donations. | The pressure group's research also revealed that there is cross-party support for capping donations, with Labour, the Lib Dems, Greens, Conservatives and Reform all backing this policy. | A YouGov poll conducted in September 2024 found that…
(2024-12-12). The High Price of Pretty Feet: Addressing the Plight of Nail Salon Workers. counterpunch.org 
Nail salons are often hailed by labor economists as an immigrant success story. Well over half of the 200,000 salons nationwide — up from just 50,000 in 2010 — are owned and operated by Vietnamese women. But there's a huge downside: the industry is rife with health and safety violations. Not only are American consumers — mostly women,
(2024-12-12). Saturday 12/14: Labor, students and community for Palestine invite you to social and teach-in on BDS. indybay.org 1025 3rd Street, Oakland United Here…
(2024-12-12). On Day81 Of SF Unite2 HERE Hotel Strike Union Leaders Talk About Issues & JP Morgan Conf. indybay.org Over 1,000 striking Unite Here Local 2 hotel workers rallied and marched in Downtown San Francisco. Two leaders President Lizzy Tapia and Unite Here Local 2 chief negotiator…
(2024-12-12). Trump and Musk's billionaire plot to destroy Social Security. mronline.org 
The solution is obvious and simple, which is why the nation's richest people hate it so much: Scrap the cap and make the wealthy pay a much fairer share in Social Security taxes.
(2024-12-12). Sri Lankan parliament unanimously approves IMF austerity measures. wsws.org The next budget will mean further increases in taxes, utility rates and fuel prices, as well as slashing vital public services and a fire-sale of state-owned enterprises, destroying hundreds of thousands of jobs.
(2024-12-12). Regulators Warn Crypto Could Cause Another Financial Crisis. levernews.com
(2024-12-12). Geneva: ICRC reinforces financial support to National Society Investment Alliance (NSIA). icrc.org
(2024-12-12). Thames Water boosts executive bonuses despite rise in pollution and sewage spills. leftfootforward.org Thames Water plans to double bonuses for its executive staff despite a 40% increase in pollution incidents and spills during the first half of the year to 30 September. | In the first half of this financial year, the struggling firm has set aside £1.85 million in bonuses for executive staff members, compared to £888,000 in the same period last year, marking a 108% increase. | Meanwhile, the number of pollution incidents is up from 257 last year, to 359 between March and the end of September this year. | Thames Water's chief executive, Chris Weston said: "After record rainfall and groundwater level…
(2024-12-12). African Central Banks and cyber-security. independent.co.ug 
The rising incidents of cybercrime require that organisations integrate cybersecurity into their core business processes COMMENT | PETER KISITU | In its most recent publication, the Financial Inclusion Global Initiative (Figi) reported that African central banks face three major threats namely; threat to integrity, threat to availability, and threat to confidentiality. The factors that have made …
(2024-12-12). Liz Truss uses new documentary to explain how 'the blob' caused her downfall as PM. leftfootforward.org Former Prime Minister Liz Truss has used a new documentary to explain how she was booted out of office because of the 'blob', still blaming everyone else for her disastrous premiership. | Truss was booted out of office after just 49 days, after her disastrous mini-budget, which included £45bn of unfunded tax cuts, caused financial turmoil and the pound collapsing. | Rather than take responsibility for her decisions, since leaving office the former Tory leader has sought to blame the 'deep state' for undermining her while she was in office. | Unable to find much support for her ideas in the UK, she has be…
(2024-12-12). Comerica Bank accused of screwing senior & disabled Direct Express debit card holders. indybay.org Comerica Bank The Financial Agent For Direct Express – Debit MasterCard Has Been Sued By The Consumer Financial Protection Bureau (CFPB):…
(2024-12-12). $883.7 billion NDAA passed amid Pentagon audit failures and controversial policies. nationofchange.org Congress approves $883.7 billion defense budget despite Pentagon's audit failures and criticism over waste, cultural policies, and misplaced spending priorities.
(2024-12-12). During recent stakeholder meetings, Canada Pension Plan ignores its $16 billion investment in war crimes and potential genocide. justpeaceadvocates.ca
(2024-12-12). California film and television tax breaks: Subsidizing corporate profits at the expense of workers. wsws.org The California tax credit program is not an investment in the future of the film and television industry—it is a giveaway to the rich, financed by public funds.
(2024-12-12). Elizabeth Warren's Accountable Capitalism Act: A push for corporate accountability and worker rights. nationofchange.org Senator Elizabeth Warren introduced the Accountable Capitalism Act this week, aiming to shift corporate priorities from shareholder profits to equitable treatment of workers and other stakeholders.
(2024-12-12). US healthcare corporations reap profit from human misery. peoplesdispatch.org The assassination of UnitedHealthcare CEO Brian Thompson on December 4 has sparked a reaction that few may have suspected. The perpetrator has received an outpouring of popular support, and a profound debate on the brutality of the US for-profit healthcare system has been sparked, with many accusing healthcare corporations of reaping their profits directly from human misery. | Thompson was shot and killed while heading to an investors meeting in Midtown Manhattan on December 4. Police have arrested 26-year-old Luigi Mangione in connection with the crime, who quickly has become a working class hero in the eyes of…
(2024-12-12). Old contradictions and new possibilities in Marxist and Indigenous praxis. mronline.org 
At the 2017 March for Science in Washington, DC , Dr. Lydia Jennings wore a T-shirt that read, "Strong Resilient Indigenous," and held a sign saying, "Traditional Ecological Knowledge Is Science Too!"
(2024-12-12). Jeep supplier Mobis tells laid-off workers in Toledo, Ohio to come back at half pay. wsws.org Workers currently making up to $38 an hour would see their wages fall to $19 an hour or below and their benefits cut in half.
(2024-12-12). Alameda County Divests from Caterpillar in Response to Human Rights Violations. indybay.org OAKLAND, CA – In a significant win for human rights, Alameda County has initiated the process of divesting $32 million in public funds from Caterpillar Inc. Caterpillar, the world's largest manufacturer of construction equipment, has long faced criticism for its equipment's role in the destruction of Palestinian homes, infrastructure, and agriculture, as well as in the U.S. prison-industrial complex, border militarization, and immigration detention centers.
(2024-12-12). Xi meets United Russia party chairman Medvedev. ecns.cn Xi Jinping, general secretary of the Communist Party of China Central Committee and Chinese president, met here Thursday with Chairman of the United Russia party Dmitry Medvedev.
(2024-12-11). EAEU and UAE finalise negotiations on Economic Partnership Agreement. tvbrics.com 
The agreement will have to undergo the relevant procedures of domestic harmonisation…
(2024-12-11). Corporate Income Tax Collections Rise When They Are Not Voluntary. cepr.net As Donald Trump prepares to embark on another round of MAGA tax cuts it is worth a quick review of the corporate side of the last one, and the Biden administration's efforts to reverse the revenue loss. One of the unheralded successes of the Biden administration was increasing corporate income tax collections as a share …
(2024-12-11). Ethiopia's Five Million Coders Initiative empowers 360,000 youth in digital skills. tvbrics.com 
The initiative launched under the leadership of Prime Minister Abiy Ahmed in collaboration with the United Arab Emirates…
(2024-12-11). Panamanian Unions call to defeat insurance bill on the streets. plenglish.com Panama City, Dec 11 (Prensa Latina) Panama's Labor leaders, the likes of Saul Mendez, head of the Construction Workers Union, on Wednesday called on citizens to go out on the streets and denounce a bill on Social Security Fund (CSS).
(2024-12-11). Rate Inflation in New England (perils of political electricity). wattsupwiththat.com The Orr, Rolling, and Lewis study documents the staggering costs for New England residents' decarbonization plans. This joins a two-year study by ISO-NE estimating the need for 97 GW of renewable power with projected blackouts calling for overbuilding capacity. Is the public aware of the cost tsunami heading their way courtesy of state decarbonization plans?>
(2024-12-11). Brazil sets new records for wind power generation in favour of renewable energy transition. tvbrics.com 
The public policies for renewable technologies have been instrumental in attracting investment and generating employment…
(2024-12-11). House Passes Massive $895 Billion National Defense Authorization Act. news.antiwar.com On Wednesday, the House passed the mammoth $895 billion 2025 National Defense Authorization Act (NDAA), the annual military spending bill that includes funding for the Pentagon and some military-related funding for other government agencies. The bill passed in a vote of 281-140, with 124 Democrats voting against a provision banning the coverage of certain transgender-related …
(2024-12-11). Political and class struggle turbulence in France. workers.org 
Main slogan of workers' protests is 'Raise our wages!' Tours, France, Oct. 1, 2024. On Dec. 4 France's parliamentary government failed to win a no-confidence vote, forcing Prime Minister Michel Barnier to resign. President Emmanuel Macron remains in office. Given France's long history of struggle and class consciousness and its . . . |
(2024-12-11). Chinese researchers unveil ant-inspired photodetector for advanced imaging applications. tvbrics.com 
The innovation sets the stage for more accessible and efficient imaging technologies in diverse scientific and industrial fields…
(2024-12-11). Interview with Luisa Sequera on Venezuela's water sowers and the First Ecosocialist International. afgj.org By William Camacaro (National Co-Coordinator) Water is a natural resource of the utmost importance for life in all its forms. Human settlements, on any continent, were born around rivers, lakes, lagoons, springs and a variety of bodies of water existing in the world, since it is an essential element for basic subsistence. Water is necessary…