2022-03-04: News Headlines

ecns.cn (2022-03-04). China set to become a high-income economy by 2025: economist. ecns.cn China will become a high-income economy with a GNI per capita of $12,695 no later than 2025, said Justin Yifu Lin, member of the Standing Committee of the Chinese People's Political Consultative Conference, on Thursday.

ecns.cn (2022-03-04). (Two Sessions Voice) Justin Yifu Lin: China's GDP is bound to grow by 6% in 2022. ecns.cn Justin Yifu Lin, member of the Standing Committee of the CPPCC and dean of Institute of New Structural Economics of Peking University, expressed his optimistic views about China's economic growth while receiving an interview of China News Service.

ecns.cn (2022-03-04). (Two Sessions Voice) Justin Lin calls for favorable policies for enterprises. ecns.cn In an interview with China News Service, Justin Yifu Lin, member of the Standing Committee of the Chinese People's Political Consultative Conference and dean of Institute of New Structural Economics of Peking University, has called for making bigger cakes.

Staff (2022-03-04). Sociedad Económica de Amigos del País inició jornada conmemorativa por su 230 aniversario. cubadebate.cu El próximo 9 de enero de 2023 la Sociedad Económica de Amigos del País (SEAP), cumplirá 230 años de existencia comprometida con el lema que la ha identificado a través de los siglos XVIII al XXI: "Pro Patria". Sus integrantes han elaborado un amplio programa de actividades conmemorativas de marcado perfil científico.

ecns.cn (2022-03-04). (Two Sessions Voice) Justin Yifu Lin: China one step shy of high-income country status. ecns.cn In an interview with China News Service, Justin Yifu Lin, member of the Standing Committee of the Chinese People's Political Consultative Conference and dean of Institute of New Structural Economics of Peking University, said China is just one step shy of high-income country status.

WSWS (2022-03-04). As Tube strikes throw London into chaos, Labour and Tory MPs denounce RMT as "Putin stooges" wsws.org The McCarthyite attacks are part of efforts to brand all industrial action as treason in time of war.

WSWS (2022-03-04). John McDonnell and Diane Abbott pull out of Stop the War Coalition rally. wsws.org The Stop the War Coalition's entire political perspective is in ruins. The Labour Party is firmly in the hands of Starmer, more right-wing than ever, and not even one of its MPs will turn up to STWC events or sign their open letters.

WSWS (2022-03-04). Vanuatu inquiry into Australia's exploitative seasonal worker scheme. wsws.org The seasonal worker schemes established by Australia and New Zealand continue to exploit impoverished Pacific peoples as a source of cheap labour, despite repeated complaints and media exposures over the years.

Betsey Piette (2022-03-04). Global supply chain: Rail industry prioritizes profits over safety. workers.org The global supply chain crisis, fueled by the COVID-19 pandemic, has laid bare systemic problems within global capitalism — when and where goods are produced to how they are transported and the growing disparity between the bosses' wealth versus the wages and benefits paid to millions of workers throughout this . . . |

G. Dunkel (2022-03-04). In Haiti, misery breeds resistance. workers.org Thousands of Haitian garment workers, mainly women, have hit the streets in February demanding that the government raise their minimum wage to 1,500 gourdes (about $14) for a 9-hour day. They currently make 500 gourdes (about $4.80) a day. The workers, mostly women who spend over half their salaries on . . . |

Staff (2022-03-04). Venezuela to Increase Minimum Wage and Consider Bonuses as Part of Wage. orinocotribune.com On March 3, Venezuela announced an increase in the minimum wage to half a petro, and determined that bonuses delivered to public workers through the Patria System will be considered as salary. The increased minimum wage will impact the wage scales of public employees, those under collective bargaining agreements, and pensioners. | In addition, food bonuses will increase to Bs. 45 ($10.30 USD). With the price of the petro currently at $57.81, and the official dollar at Bs. 4.37, the minimum wage would be Bs. 126 per month (or $28.90). Adding the food bonuses, it would be Bs. 171 per month, equivalent to $39.20.

Peoples Dispatch (2022-03-04). Sri Lankan unions begin campaign for minimum wage rise. peoplesdispatch.org 12 unions have launched a joint campaign to demand an increment in the minimum wage of private sector employees after the government decided to exclude them from a scheme granting a monthly increment of 5,000 LKR (USD 25) to pensioners and public sector employees…

WSWS (2022-03-04). Workers Struggles: Europe, Middle East & Africa. wsws.org South African Clover Foods workers to continue strike over wages and job cuts until their demands are met, while gold miners closer to strike action; strikes and protests in health care sector across Spain and France over jobs and conditions; two 24-hour strikes over jobs and pensions bring London underground to halt…

Party for Socialism, Liberation (2022-03-04). Declara»õia PSL privind interven»õia militarƒÉ a Rusiei àÆn Ucraina. liberationnews.org Amenin»õarea rƒÉzboiului poate fi àÆnvinsƒÉ doar prin solidaritatea interna»õionalƒÉ àÆntre popoarele lumii »ôi printr-o luptƒÉ hotƒÉrâtƒÉ àÆmpotriva imperialismului american, care trebuie sƒÉ impunƒÉ abolirea NATO. FƒÉrƒÉ rƒÉzboi cu Rusia!

WSWS (2022-03-04). Sri Lankan action committee holds a successful online meeting in defence of Julian Assange. wsws.org Speakers insisted that the fight to release Julian Assange depends on a political movement of the working class based on socialist policies and in opposition to the capitalist system and all its institutions.

WSWS (2022-03-04). UK attendees speak on WSWS webinar "Fight Covid! Save lives! Stop the drive to World War III!" wsws.org Workers and youth in Britain who attended Saturday's World Socialist Web Site international online webinar, "Fight Covid! Save lives! Stop the drive to World War III!", have spoken to the WSWS about their thoughts on the important event. We publish further responses here.

_____ (2022-03-03). Russia Prevents Washington from Unleashing Biological Warfare. journal-neo.org In view of the unrest that US intelligence services have been actively initiating lately, whether in Central Asia, Transcaucasia or other areas bordering Russia and China, the risk of a biological disaster from multiple secret military biological laboratories deployed by the US in potentially politically and socially unstable regions is objectively increasing. In this regard, …

The Socialist Program (2022-03-03). Ukraine War: Who's to Blame and What's the Solution? A Socialist View. liberationnews.org Eugene Puryear and Brian Becker discuss the latest on the war and explore the essential historical context, establishing five basic principles and points of unity for progressive forces in the West.

_____ (2022-03-03). Capitalism, Nationalism, And Copaganda. popularresistance.org In a room filled with maskless war criminals and Ukrainian flags, President Joe Biden said, in perhaps the most obvious sentence ever spoken in that chamber, that he was a capitalist. That's not shocking to anyone, but it is a wonder that he had to say it, given that every other element of his speech was so focused on protecting American capitalism and imperialism. From defending NATO, to arguing for a more productive U.S. economy, to shouting out the CEO of Intel (who was, inexplicably, in the room for the speech), Biden doubled down on his campaign promise that "nothing would fundamentally change." | Biden took…

Staff (2022-03-03). Benchmark Price for Venezuelan Oil Tops $80 (+Oil Production Increase). orinocotribune.com The benchmark price for Venezuelan oil climbed above $80 dollars per barrel yesterday, March 1, influenced by geopolitical tensions between Russia, the United States, and the European Union. Prices are also affected by problems in the supply chains of capital and consumer goods, by OPEC's decision to raise output by only 400,000 barrels per day, and by the demand for more fuel caused by the awakening of the economy of industrialized nations experiencing an easing in pandemic-related restrictions. | Prior to the closing of the markets, the Venezuelan Ministry for Petroleum displayed various prices of national crud…

Sarah Anderson (2022-03-03). Biden Doesn't Need to Wait for Congress to Begin Transforming the Economy. inequality.org

Amy Goodman (2022-03-03). US Must Not Use Ukrainians as a Foreign Policy "Tool," Sanders Adviser Says. truthout.org While President Biden has ruled out sending troops into Ukraine, the U.S. is directly aiding Ukraine militarily and has imposed unprecedented sanctions on Russia amounting to what some have called "economic warfare." We look at Biden's response with Senator Bernie Sanders's foreign policy adviser Matt Duss, who is also Ukrainian American. He says the U.S. should continue to exhaust all diplomatic avenues in order to stop violence in Ukraine. Duss also details the U.S. role in setting the stage for P…

Staff (2022-03-03). Iran-Tajikistan joint economic conference held in Dushanbe. en.mehrnews.com A joint conference of Tajik and Iranian businessmen and economic activists was held in the Tajik capital of Dushanbe.

Ann Brown (2022-03-03). Fact Check: Biden Claimed 'We Reduced Black Poverty By Over 30 Percent'. moguldom.com During President Joe Biden's March 1 State of the Union address, he made claims about reducing Black poverty. "The estimate is that we've cut Black poverty by over 30 percent. We reduced child poverty more than 50 percent in the Black community," Biden said. Biden didn't go into details on how his administration did this, …

Peoples Health Dispatch (2022-03-03). Women rise up in France as March 8 approaches. peoplesdispatch.org Women workers in the health, care and social sectors in France are launching a campaign in the run-up to March 8, International Women's Day, to demand an end to austerity and violence against women. The trade union confederations, Union Syndicale Solidaires, General Confederation of Labour (CGT), and Unitary Trade Union Federation (FSU), have announced a strike in key sectors for March 8. | At the same time, workers' organizations from the health and social sectors — SUD Santé Sociaux, CGT, and French Confederation of Management — General Confederation of Executives (CFE/CGC), as well as the Associati…

Internationalist 360 ∞ (2022-03-03). Dilyana Gaytandzhieva: Why is the Pentagon Funding Bio-Labs in Ukraine & Around Eurasia? libya360.wordpress.com Hard-hitting investigative journalist Dilyana Gaytandzhieva discusses her groundbreaking work uncovering diplomatically protected international arms traffic from Western governments to terrorists as well as her discovery of Pentagon-funded bio-laboratories scattered throughout Eurasia. She learned how the whole of Eastern Europe was involved in a network for arming terrorists with weapons paid for by the USA, UAE,…

WSWS (2022-03-03). Australian Education Union's record of agreement sell-outs. wsws.org Desperate to ram through its deal with the Victorian Labor government, the AEU has launched a misinformation campaign to bury the real details of its latest sell-out.

VINS (2022-03-03). Wealthy Nations Continue to Drive Climate Change with Devastating Impacts for Poorer Countries. projectcensored.org In a November 2021 article for The Conversation, Sonja Klinsky outlined how and why poorer countries and regions are disproportionately affected by climate change. Wealthier nations, such as the US,…

Ann Brown (2022-03-03). Inflation: Average Rent Prices In Some Cities Up As Much As 88 Percent In A Year. moguldom.com If you're paying more for rent this year, you're not alone. Inflation has caused a spike in rent prices across the country. In some cities, rents went up as much as 88 percent in a year. The monthly rent in the country's 50 largest cities increased an average of 14 percent in 2021 while climbing …

Ann Brown (2022-03-03). Fed Chair Jerome Powell: With New Russian Sanctions, We Need Legislative Framework To Stop Illicit Use Of Crypto. moguldom.com This is the perfect time to create legislation to curb illicit use of crypto products, according to Federal Chairman Jerome Powell. Russia's invasion of Ukraine has emphasized a need for cryptocurrency regulation to prevent sanctioned individuals from using cryptocurrency to skirt sanctions, Powell told the House Financial Services Committee on March 2, CoinDesk reported Rep. Juan Vargas …

Owen Fairclough (2022-03-03). Federal Reserve chair testifies before lawmakers. america.cgtn.com Federal Reserve Chair Jerome Powell testified before lawmakers about financial conditions.

Dana Sanchez (2022-03-03). Why Gold Is The True Safe Haven For End-Of-Times Events (War, Inflation, Currency Collapse, Political Instability). moguldom.com The day after Russia launched its full-scale invasion of Ukraine, gold jumped to its highest price in more than a year, reinforcing its reputation as a safe haven for risk-averse investors in times of war, inflation and currency collapse. By comparison, Bitcoin fell as much as 9 percent in a day following Russia's Feb. 24 …

WSWS (2022-03-03). Fed will move "aggressively" on interest rates if inflation persists. wsws.org Fed chair Powell made clear in testimony to Congress that decisions on interest rates will be determined by the extent to which workers push for higher wages in the face of rapidly rising inflation.

Tina Landis (2022-03-03). Socialist planning could reverse sober findings in new UN climate report. liberationnews.org Capitalist governments can only give incentives for corporations to implement emission-reduction technologies in hopes that profit-driven corporations will "do the right thing."

WSWS (2022-03-03). Stellantis CEO complains of worker "absenteeism" in US following massive 2021 profit report. wsws.org What was left unstated in Tavares's comments are the disastrous conditions which have driven absences from work, above all, the explosive spread of COVID-19 and the Omicron variant.

Brittani Banks (2022-03-03). The War-Profiteering Gangsters Will Kill Us All Unless We Unite Against Them. independentmediainstitute.org I figured something out after tossing and turning all night. We on the left often make the mistake of still looking upon Russia as a somewhat socialist enterprise. Of course, it isn't. The Soviet Union ended in 1991. Russia is an unadulterated neoliberal capitalist gangster's paradise, modeled during the time of its horrific restructuring under …

VINS (2022-03-03). Solutions to Biased Artificial Intelligence May Include Establishing a New Social Network. projectcensored.org During a November 2021 episode of the Electronic Frontier Foundation podcast, hosts Cindy Cohn and Danny O'Brien spoke with the director of Stanford's Program on Platform Regulation, Daphne Keller. Keller…

Rick Rozoff (2022-03-03). Ukraine requests IAEA to call on NATO for no-fly zone over nuclear power plants. antibellum679354512.wordpress.com UkrinformMarch 3, 2022 Ukraine decries Russia's seizure of Chernobyl NPP as "nuclear terrorism," asks IAEA to urgently appeal to NATO Ukraine is asking the International Atomic Energy Agency (IAEA) to call on NATO to close access to the airspace over the country's nuclear facilities…. "In order to reestablish legal regulation of safety of nuclear installations …

deweylaura (2022-03-03). The Young Communist League in Great Britain is growing — here's why. cpusa.org Over 30 years on from the dissolution of the Communist Party of Great Britain (CPGB), British communism has reached a new juncture, characterized by defiance of the anti-communist myths of the past and faith that Marxism-Leninism is the political path best suited to turning the looming contradictions in contemporary capitalism — climate collapse and …

WSWS (2022-03-03). Climate change is triggering a humanitarian crisis, UN report finds. wsws.org The Intergovernmental Panel on Climate Change's latest report is an indictment of global capitalism's utter failure to address climate change.

JANET (2022-03-03). The war on Donbass: why we must all stand against fascism. iacenter.org March 2, 2022 The people of the Donetsk and Lugansk People's Republics celebrating Russia's recognition of the independence of their republics, Feb. 21. This lightly edited opinion piece by journalist, author and activist Fra Hughes first appeared in the Arab independent media satellite Al Mayadeen, Feb. 26. The Donbass people, much like the Palestinian people, continued to resist the dominance of global capitalism that supports fascism in Ukraine for eight years. For those who claim President [Vladimir] Putin is a megalomaniac sociopath, intent on drawing Europe and the U.S. into some kind of Machiavellian war…

WSWS (2022-03-03). The threat of world war looms: Take up the fight against imperialism and for international socialism! wsws.org The IYSSE (Australia) meeting at 4 p.m. (AEDT) Saturday, March 12 will discuss the urgent need to build an international anti-war movement of youth, students and workers as the danger of nuclear war heightens amid the escalating crisis in Ukraine.

_____ (2022-03-03). Western Media Accuse China Of Wanting To Do What US Does To Other Countries. popularresistance.org Last month, the Washington Post (2/15/22) ran an opinion piece by David Von Drehle claiming that, "in a sense, the alliance of democracies" (by which he means the US and its partners) fell "into a fitful sleep" at the end of the Cold War. "What began as a happy dream of perpetual peace," he contended, "changed in recent years to a nightmare," featuring "Communist empire-building in China." | The notion that there was a "happy dream of perpetual peace at the end of the Cold War" that only recently became a nightmare because of international bad guys like China suggests that Von Drehle himself has been not merely s…

2022-03-04 17:39 | 13:39 EST | jz | 45 | 0 | 27 | 20 | 0