(2022-08-31). Structural shifts in global economy driving central bankers' class war program. wsws.org At this year's Jackson Hole meeting, Fed chair Powell set the stage for the response, taken up by all participants, that central banks must not waver from interest rate hikes and, if necessary, go beyond the measures carried out by Fed chair Paul Volcker in the 1980s that produced economic devastation for the working class in the US and internationally under the banner of "fighting inflation."
(2022-08-31). Emerging Markets Rush to Join BRICS Alliance as High Energy Prices Persist. infobrics.org As emerging markets recover from the Covid-19 pandemic and face financial headwinds due to interest rate hikes in the US, the BRICS group — Brazil, Russia, India, China, and South Africa — is looking to expand its membership to tackle shared challenges…
(2022-08-31). University of Minnesota Teamsters picket, march against poverty wages. fightbacknews.org Minneapolis, MN — More than 300 University of Minnesota (UMN) service workers represented by Teamsters Local 320, along with members AFSCME, students, faculty, and others, protested on the school's campus, August 30, to demand an end to poverty wages and abusive employment practices. | Local 320 represents 1500 workers at UMN who clean buildings, service dormitories, maintain grounds, prepare food, maintain HVAC systems, care for research animals, drive trucks, and perform other activities across the university's five campuses. Many of the workers are Black, including immigrants from Somalia, Ethiopia and…
(2022-08-31). Australia: Unions, business and Labor deepen collaboration as Summit nears. wsws.org The purpose of the Jobs and Skills Summit is to bring unions, business and the government together to plan a tripartite assault on wages, conditions and social spending.
(2022-08-31). China's SMEs show stable development in January-July period. ecns.cn China's small and medium-sized enterprises (SMEs) showed stable development in the first seven months of the year, laying a solid foundation for the steady operation of the country's macroeconomy, official data showed Tuesday.
(2022-08-31). Meeting of CPC Central Committee Political Bureau proposes convening 20th CPC National Congress on Oct. 16 in Beijing. ecns.cn The Political Bureau of the Communist Party of China (CPC) Central Committee on Tuesday held a meeting on the preparatory work for the seventh plenary session of the 19th CPC Central Committee, and the 20th CPC National Congress. Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.
(2022-08-31). Tianjin gets boost from coordinated regional growth. ecns.cn North China's Tianjin municipality has been committed to pushing its socioeconomic progress on a high-quality development track in the past decade, Mayor Zhang Gong said on Tuesday.
(2022-08-31). The fight against mass COVID infection and militarism in New Zealand. wsws.org These remarks were delivered by Tom Peters, the leading member of the Socialist Equality Group in New Zealand, to the Seventh National Congress of the Socialist Equality Party (US), held from July 31 to August 5, 2022.
(2022-08-31). Only a progressive tax revolution can stop climate collapse. indybay.org There is an urgent need for a pluralistic opening of the economic sciences, so that the argumentative dispute about the ethically correct interpretation of market-competitive interaction relations and the status of market logic again becomes a normal part of economic discourse.
(2022-08-31). The same criminal "profits before lives" response by capitalism to COVID-19 and monkeypox is allowing the resurgence of polio. wsws.org Years of negligence and underfunding have created the current conditions under which a dread disease that causes severe, lifelong paralysis and sometimes death, which should have been eradicated from the globe decades ago, is resurging.
(2022-08-31). YDSA helps kick Will Lehman volunteers from public event at Wayne State University in Detroit. wsws.org On Monday at Wayne State University in Detroit, Michigan, Young Democratic Socialists of America (YDSA) campus president Harrison Cole orchestrated the police removal of a table set up by volunteers for rank-&-file autoworker Will Lehman's campaign for UAW president.
(2022-08-31). South Africa SAFTA/COSATU General Strike For Workers & Communities. indybay.org WorkWeek covers the South African general strike called by SAFTU and COSATU on August 24,. 2022. Memetlwe Sebei, president of the General Industrial Union of South Africa. GIWUSA which is with SAFTU and Ayesha Rajah who is the chairperson of the Sotasonke Civic Organization are interviewed about the conditions that led to the strike, the organizing for the strike and the future.
(2022-08-31). Tensions mount at West Coast ports as dockworkers enter third month without contract. wsws.org While ILWU bureaucrats are making every possible effort to prevent job actions, this is being challenged by the global resurgence of the class struggle.
(2022-08-31). "The IAM has sold us out once more": Railroad machinists speak out after union announces sellout deal. wsws.org "We as Labor must unite against the bureaucracy; the outright dismissal of our contribution to the record profits, home life suppression and abuse we receive from the Carriers!"
(2022-08-31). Fujian highlights key role of private economy. ecns.cn The private economy has become an important growth engine for the economic development of Fujian province over the past decade, a senior official said.
(2022-08-31). Zhejiang makes great strides in promoting common prosperity. ecns.cn East China's Zhejiang Province has been striving to pursue common prosperity, with notable progress made in high-quality and green development over the past decade, according to local authorities.
(2022-08-31). Cuba y Angola abordaron relaciones bilaterales en los ámbitos económico y de cooperación. cubadebate.cu Representantes de los gobiernos de Angola y Cuba abordaron este martes en La Habana las relaciones bilaterales en los ámbitos económico y de cooperación, confirmó la cancillería de la nación caribeña. Según el Ministerio de Relaciones Exteriores de la isla, el encuentro "permitió pasar revista a las relaciones económicas y de cooperación entre ambos países".
(2022-08-30). Biden is Trying to Bring Down Xi Jinping and Organize a "Color Revolution" in China. journal-neo.org This autumn will be a momentous time for China  ; in the XX National Congress of the Chinese Communist Party the delegates will confirm China's strategy and development priorities, and elect the country's leader for the next five years. It is likely that Xi Jinping, the current head of the Party, will be reelected for …
(2022-08-30). Residents Refuse To Be Forced From Homes Won Through Past Struggle. popularresistance.org Forty years ago, residents of Philadelphia won a subsidized housing community in the area known as Black Bottom after fighting the discrimination and displacement being used to clear the way for University City. Now the city is allowing that community, 72 residences called University City Townhomes (UCT), to be sold for gentrification. Clearing the FOG spoke with Rasheda Alexander, a resident of UCT, and Sterling Johnson of Philadelphia Housing Action about their efforts to protect UCT and stop the wave of evictions and displacement that primarily target low income black and brown people. Their organizing and act…
(2022-08-30). 'Bitter Street' in Lugansk: A Battle Line Drawn with Nazi Elements after 2014. libya360.wordpress.com John Parker From left: Alexey Albu of Borotba; John Parker of Socialist Unity Party; and Evgeniy Miroshnichenko, member of the Youth Parliament, State Duma of Russia. SLL photo From May 1 to May 12, I traveled to both Russia and the Lugansk People's Republic, an independent republic in the Donbass region, formerly part of eastern…
(2022-08-30). Australia hosts major war games simulating aerial combat. wsws.org The US and its key allies are carrying out exercises preparing for a major air war, as Washington wages a proxy-conflict with Russia in Ukraine and ratchets up its confrontation with China in the Indo-Pacific.
(2022-08-30). The Heat: What impact have sanctions had on Russia's economy? america.cgtn.com Six months into the Ukraine conflict — what impact have Western sanctions had on Russia's economy?
(2022-08-30). China issues over 2.71 mln certificates of origin from January-July. ecns.cn Over 2.71 million certificates of origin were issued by Chinese authorities during the first seven months of the year, involving 233.31 billion U.S. dollars, up 23.7 percent year on year, official data showed on Monday.
(2022-08-30). BT and Openreach workers return to picket lines across the UK. wsws.org With inflation climbing to over 12 percent, compounded by household energy bills rising by 80 percent in October, anger is growing.
(2022-08-30). How France Underdevelops Africa. libya360.wordpress.com Anis Chowdhury and Jomo Kwame Sundaram SYDNEY and KUALA LUMPUR, Aug 30 2022 (IPS) — Most sub-Saharan African French colonies got formal independence in the 1960s. But their economies have progressed little, leaving most people in poverty, and generally worse off than in other post-colonial African economies. Decolonization? Pre-Second World War colonial monetary arrangements were consolidated into the Colonies…
(2022-08-30). US in Latin America: Interference, Extortion and Blackmail in Times of Global Reconfiguration. libya360.wordpress.com Jorge Elbaum The disordered and brutal intentionality of the United States to control the political, economic, communicational, military and cultural orientations of Latin America is linked to the loss of its relevance in the region. Last Thursday, the U.S. Ambassador to Argentina, Marc Stanley, arrogated to himself the right to give his opinion on the…
(2022-08-30). Iran, EAEU to expand trade ties. en.mehrnews.com TEHRAN, Aug. 30 (MNA) — Iran and the Eurasian Economic Union (EAEU) are poised to take giant strides in line with promoting bilateral trade and business.
(2022-08-30). Task forces to speed up stimulus package. ecns.cn A worker cuts a steel part at the construction site of the T3B terminal project of Chongqing Jiangbei International Airport in Southwest China's Chongqing, July 11, 2022.
(2022-08-30). Sunday 8/28: LEPAIO: Labor Education Project on the AFL-CIO International Operations. indybay.org ZOOM LINK | GOOD FOR SUNDAY, August 28, 2022 | Join Zoom Meeting | us02web.zoom.us/j/81133350622?pwd=dUUyUWppbWt6djVTaElISUhocXpSUT09 | Meeting ID: 811 3335 0622 | Passcode: ICSS2717rs | One tap mobile | +16694449171,,81133350622#,,,,*5892135124# US | +16699006833,,81133350622#,,,,*5892135124# US (San Jose) | Dial by your location | +1 669 444 9171 US | +1 669 900 6833 US (San Jose) | +1 719 359 4580 US | +1 253 215 8782 US (Tacoma) | +1 346 248 7799 US (Houston) | +1 646 931 3860 US | +1 929 205 6099 US (New York) | +1 301 715 8592 US (Washington DC) | +1 309 205 3325 US | +1 312 626 6799 US (Chicago)…
(2022-08-30). New Zealand Labour government to expand exploitative migrant labour schemes. wsws.org While tight restrictions remain on permanent residency for immigrants, the Labour government is expanding exploitative and low-paid temporary work schemes.
(2022-08-30). Nation a vital market for Europe's companies. ecns.cn China remains a key market for European companies as its economic resilience and large domestic market are vital for them to stay globally competitive, according to a survey released on Monday by the China Council for the Promotion of International Trade.
(2022-08-30). Catholic Church: "Take the Money and Run" indybay.org An access to information request exposes Canada's secret deal that allows the Catholic Church to renege on its promise of $25 million for residential school survivors. When the deal to renege was exposed this week, the Catholic Church announced that it is quickly moving all of its financial assets to the Vatican Bank. The Catholic Church confessed to genocide in July. Demands continue for Nuremburg-style trials in the international court.
(2022-08-30). Senior Chinese official stresses accelerating media integration. ecns.cn Huang Kunming, a senior Communist Party of China (CPC) official, on Tuesday urged swifter action to deepen media integration and muster great strength to work together and achieve progress.
(2022-08-30). China remains ASEAN's largest trading partner. ecns.cn China has remained the largest trading partner of the Association of Southeast Asian Nations (ASEAN) for 13 consecutive years, a commerce official said Monday.
(2022-08-30). New revolutionary epoch opens doors for building the ICFI in Brazil. wsws.org These remarks were delivered by Tomas Castanheira, a leading member of the the Socialist Equality Group in Brazil, to the Seventh National Congress of the Socialist Equality Party (US), held from July 31 to August 5, 2022.
(2022-08-30). China to release pork reserves from September. ecns.cn Chinese authorities will release pork from government reserves in batches from September to ensure pork supplies, the country's top economic planner said Monday.
(2022-08-30). Enough is Enough campaign: A political fraud in service to the Labour Party and TUC. wsws.org Enough is Enough has been launched to police and suppress immense social anger in the working class, to shield the Labour Party and trade unions from political challenge and prevent an uncontrolled eruption of the class struggle that would threaten the survival of British imperialism.
(2022-08-30). The fight against Canadian imperialism and for socialist internationalism. wsws.org These remarks were delivered by Keith Jones, the national secretary of the Socialist Equality Party (Canada), to the Seventh National Congress of the SEP (US), held from July 31 to August 5, 2022.
(2022-08-30). China's major services trade fair starts tickets booking. ecns.cn Visitors are able to purchase and reserve e-tickets for the 2022 China International Fair for Trade in Services (CIFTIS), which is scheduled to open on Wednesday in Beijing, on digital platforms from Aug.27, according to the official WeChat account.
(2022-08-30). De vallados, puentes levantados y el giro de la historia. cubadebate.cu El atropello al Estado de Derecho perpetrado por la "Justicia" Federal en la causa Vialidad en contra de Cristina Fernández de Kirchner y algunos de sus colaboradores, en donde lo que brilló por su ausencia fueron los hechos, las evidencias y las pruebas concretas, procuró ser disimulado montando un festival de logomaquia en donde lo importante eran la vacía verborragia y la espectacularidad de los gestos del fiscal Diego Luciani.
(2022-08-30). Presidente de Irán destaca estabilidad económica pese a sanciones. telesurtv.net El mandatario calificó de injustas las sanciones y resaltó que deben terminar rápidamente.
(2022-08-30). Apoyo popular a Luis Arce: Nunca más un golpe de Estado en Bolivia. globalizacion.ca La movilización popular fue convocada por el llamado ´Pacto de Unidad ª, que reúne a los sindicatos y organizaciones de campesinos e indígenas afines al gobernante Movimiento Al Socialismo (MAS). | El presidente de Bolivia, Luis Arce, advirtió que "jamás vamos a…
(2022-08-30). øOtra empresa estatal socialista es posible?, el próximo domingo en Cuadrando la Caja. cubadebate.cu El domingo 4 de septiembre conversaremos sobre la empresa estatal socialista en Cuba… øPor qué la empresa estatal cubana es y debe seguir siendo socialista? øQué obstáculos frenan su desarrollo? øQué le falta para lograr sostener en el tiempo productividad y eficiencia? øCómo dinamizarla?
(2022-08-30). México  ; AMLO y el crecimiento del sector público. globalizacion.ca La principal característica del gobierno de López Obrador es el repudio y abandono de la ideología y las políticas neoliberales, es decir, el repudio y abandono de las privatizaciones de los bienes públicos. | Pero no sólo las privatizaciones descaradas, sino…
(2022-08-30). Gobierno chileno ratifica convenio laboral contra la violencia. telesurtv.net De aprobarse en el Congreso esta ley tendría obligatoriedad en todos los sectores públicos y privados y abarcaría la economía formal e informal.
(2022-08-30). New Orleans protest demands hurricane relief for all immigrants, defends DACA. fightbacknews.org New Orleans, LA – Dozens of protesters rallied at the statue of Benito Juarez on August 27 to demand hurricane relief funds for all immigrants, regardless of legal status. The rally also came in response to national call to action by the Legalization for All Network to defend DACA against legal attacks and to commemorate the Chicano Moratorium. | The rally was planned to coincide with the anniversaries of Hurricane Katrina and Hurricane Ida, which both made landfall in Louisiana on August 29. Although it was largely the labor of immigrant workers that rebuilt New Orleans after both disasters, many immigrants face…
(2022-08-29). To Write Off its Debt, the US Stages Wars Everywhere. journal-neo.org The global economic crisis that has engulfed countries due to Washington's openly voluntarist and Russophobic policies has not only thrown the United States itself into chaos, but has also destroyed the world's multipolar model, changed the status of many states, and led to an increase in contradictions between states and coalitions. It is becoming increasingly …
(2022-08-29). West's neoliberal 'age of abundance' is over, as war and sanctions boomerang home. popularresistance.org France's President Emmanuel Macron, a former banker, warned that "we are living the end of what could have seemed an era of abundance," calling it "a kind of major tipping point or a great upheaval." | Western wars and sanctions are boomeranging back at home. The neoliberal phase of capitalism is collapsing. | Neoliberalism has lost the key pillars it was built on: cheap energy and raw materials from Russia, cheap labor and consumer goods from China, an unsustainable bubble of household debt, low to zero interest rates, and Washington's ability to organize regime-change operations in any country where a governmen…
(2022-08-29). West's Neoliberal 'Age Of Abundance' Is Over. popularresistance.org France's President Emmanuel Macron, a former banker, warned that "we are living the end of what could have seemed an era of abundance," calling it "a kind of major tipping point or a great upheaval." | Western wars and sanctions are boomeranging back at home. The neoliberal phase of capitalism is collapsing. | Neoliberalism has lost the key pillars it was built on: cheap energy and raw materials from Russia, cheap labor and consumer goods from China, an unsustainable bubble of household debt, low to zero interest rates, and Washington's ability to organize regime-change operations in any country where a governmen…
(2022-08-29). Strikes Across The UK As Regulator Lifts Energy Price Cap By 80%. popularresistance.org A new wave of strikes are underway across the UK. From postal workers to barristers, organised labour is turning out on picket lines against the backdrop of looming energy cost hikes. Workers across the UK are fighting back by withdrawing labour, sharing their experiences and, on one occasion, surfing around ports at high speed! | The strikes come as Don't Pay, which is campaigning to encourage people to refuse to pay extortionate energy bills, reported an 80% hike had been nodded through by regulator Ofgem. Don't Pay's East London branch also announced a protest at Canary Wharf for Saturday 27 August. Postal wor…
(2022-08-29). Climate Change Causes Torrential Flooding In Pakistan. popularresistance.org Devastating floods are occurring across Pakistan due to monsoon rains. Since June, more than 1,000 people have been killed by floods, with thousands more being displaced and having to go without food. Capitalism makes these disasters the new normal, with workers, particularly those of the Global South, bearing the brunt. | Just this weekend, tens of thousands of people have had to flee their homes in Northern Pakistan due to floods. There are many more that still need to be rescued. More than 33 million people have been affected over the past few weeks, millions of homes have been destroyed, and infrastructure su…