(2022-09-02). Euro zone inflation hit new high amid near certain recession. wsws.org The European economy been battered by rising energy and electricity prices, a product of the escalating NATO proxy war against Russia in Ukraine but one of the significant features of the latest data is that inflationary pressures are spreading more broadly.
(2022-09-02). Taiwan Signs $555 Million Contract to Purchase US-Made Drones. news.antiwar.com Taiwan has signed a contract to purchase four MQ-9B SeaGuardian drones from the US worth $555 million, Taiwanese officials said on Wednesday. The MQ-9B SeaGuardian drone is made by General Atomics and is a naval variant of the MQ-9 Reaper drone with more focus on maritime surveillance. Under the contract, the first drone will be …
(2022-09-02). Surging prices in Europe: The ruling class makes workers pay for the capitalist crisis. wsws.org Europe's working class is facing the greatest assault on its standard of living in a century, when postwar inflation and the aftermath of the 1929 stock market crash destroyed the livelihoods of large segments of the working and middle classes.
(2022-09-02). Climate, conflicts raise stakes in hungry world. ecns.cn Millions of people struggling for food every day are seeing their hopes dimmed by soaring grain prices and tight supplies amid the impact of climate change and Western sanctions on Russia.
(2022-09-01). Majority of firms on Beijing bourse report profit in H1. ecns.cn All 106 companies listed on the Beijing Stock Exchange have unveiled their earning figures for the first half of 2022 (H1), with 90 percent of them reporting profits, the latest data shows.
(2022-09-02). Mayo Clinic Q&A podcast: Helping kids prepare for back-to-school success. newsnetwork.mayoclinic.org In some parts of U.S., school has already begun, and over the next several weeks, almost all children will be back in the classroom after the Labor Day holiday. Setting up students for success at school includes parents and caregivers helping kids develop routines and good habits for time management, nutrition and sleep. "Having routines is so important not only for our kids, but actually for our families and for us as adults, as well,"…
(2022-09-02). China's R&D spending intensity builds up in 2021: statistics. ecns.cn China's research and development (R&D) spending intensity, or the expenditure on R&D as a percentage of its gross domestic product, built up to 2.44 percent in 2021, shows a yearly statistical bulletin.
(2022-09-02). Friday 9/2: Labor Day weekend begins with Henry George, "Nemesis of Feudalism" indybay.org Notable House | 189 Ellsworth St. | San Francisco, CA…
(2022-09-02). Sunday 9/11: The Other 9/11 — the AFL-CIO's support for the 1973 US coup in Chile betrayed workers. indybay.org us02web.zoom.us/j/3290219617?pwd=OTFGZUVKcDd4bzVkVjl5ZS94QmdoQT09…
(2022-09-02). Former UAW bureaucrat Terry Dittes attacks "outside influences" in UAW election. wsws.org While he did not name names, Dittes' attack was clearly aimed at the World Socialist Web Site,, which has endorsed the campaign of Will Lehman for UAW president.
(2022-09-02). Minorities in U.S. treated unequally amid monkeypox outbreak. ecns.cn
(2022-09-02). Deeper regional links stressed at BRI event. ecns.cn Greater connectivity courtesy of the China-proposed Belt and Road Initiative and the Regional Comprehensive Economic Partnership will boost both development and security in a region that has also been exposed to pressures on multilateral mechanisms.
(2022-09-02). The financial industry is a lot bigger than a giant vampire squid. indybay.org The size of the financial industry bears no relation to the economy. Self-mythological panegyrics aside, the finance industry confiscates money; it doesn't create it. How much? Get out your calculators, and maybe you'll have to find a way to add a couple of digits to what your screen can hold.
(2022-09-02). Comercio Interior informa sobre distribución de productos normados para septiembre. cubadebate.cu El Ministerio del Comercio Interior informó que está garantizada la distribución de la canasta familiar normada correspondiente al mes de septiembre, con los per cápita vigentes, y se mantiene la venta controlada de chícharos, cigarros y productos de aseo. El Mincin ratifica que se cuenta con la harina para la elaboración del pan de la canasta familiar normada.
(2022-09-01). Ukraine — A Frontline Report — Vanishing Foreign Weapons. popularresistance.org Some people ask why I read the New York Times and other such outlets of mostly 'western' propaganda. One obvious reason is to "know your enemy", to find out what the propaganda wants us to think. Another one is to find the gems that give a real picture of a situation which often sneak themselves into the coverage, though usually way below the headline. | Today there is a piece about Ukrainian military units which are trading weapons with each other. | A Frontline Shadow Economy: Ukrainian Units Trade Tanks and Artillery | Within the 93rd Mechanized Brigade, Zmei was not just a lowly sergeant. He was the brigade's…
(2022-09-01). Why Germany Needs a Revolution. libya360.wordpress.com Eric Zuesse Berlin's Brandenburg Gate displayed the yellow and blue colours of Ukraine in an act of solidarity — Image AP Germany's newsmedia — echoing America's — have attributed the soaring fuel-prices to Russia's invasion of Ukraine, which clearly is a lie, because the source is clearly Germany's anti-Russian sanctions and termination of the Nord…
(2022-09-01). Why Germany Needs a Revolution, and What Type. southfront.org Written by Germany's newsmedia — echoing America's — have attributed the soaring fuel-prices to Russia's invasion of Ukraine, which clearly is a lie, because the source is clearly Germany's anti-Russian sanctions and termination of the Nord Stream 2 natural-gas pipeline and other supplies into Germany of the least-expensive fuels-sources, which had been Ru…
(2022-09-01). Why Full Employment Was A Great Idea, But Is No More. popularresistance.org Hoping to recapture the White House in the United States' bicentennial year, Congressional Democrats introduced legislation to guarantee a job to nearly every adult who wanted one. Sponsored by Minnesota's liberal lion, U.S. Senator Hubert Humphrey, and California Congressman Augustus Hawkins — one of the founders of the Congressional Black Caucus — the bill would've required the executive branch to establish nationwide quotas for industrial output, and forecast the number of jobs necessary to meet those annual benchmarks. | However many jobs the private sector could not — or would not — p…
(2022-09-01). EU Foresees Persistent High Energy Prices. telesurenglish.net During a press briefing on Thursday, Tim McPhie, European Commission spokesperson, said that the bloc's experts foresee that high energy prices will remain over the coming winter and beyond. | RELATED: | "The prices will fall again in 2024-2025. But they are subject to some fluctuations," said the EC spokesperson, adding that the European Union administration is working to deal with the gas demand, intended to o mitigate the effect of high…
(2022-09-01). China's three major airlines lose $7.24 billion in first half of 2022. ecns.cn The three major airlines in China have lost nearly 50 billion yuan ($7.24 billion) in the first half this year, according to the lasted financial reports released by Air China, China Eastern Airlines, and China Southern Airlines.
(2022-09-01). China's spending on R&D expected to reach new high in 2023. ecns.cn China's spending on research and development (R&D) is expected to exceed three trillion yuan (about $434.7 billion) in 2023, said an official report jointly released by the National Bureau of Statistics, Ministry of Science and Technologies, and Ministry of Finance on Wednesday.
(2022-09-01). US, Allies Prepare to Outline Russian Oil Price Cap Plan. news.antiwar.com Treasury Secretary Janet Yellen and other finance ministers from the Group of Seven are set to meet virtually on Friday and outline their plan to implement a price cap on Russian oil, which experts have warned could send oil prices soaring if Russia doesn't comply. According to The Wall Street Journal, after the meeting, the …
(2022-09-01). Eurozone Inflation Hits New Record of 9.1 Percent. telesurenglish.net Inflation in the Eurozone hit a new record of 9.1 percent in August as energy and food prices continued to drift higher, according to a flash estimate published on Wednesday by Eurostat. Inflation was at 8.9 percent in the 19-country single currency area in July. | RELATED: | Eurostat estimates that the Baltic countries should be recording the highest inflation rates for August, with 25.2 percent for Estonia, 21.1 percent for Lithuania, and 20.8 percent for Latv…
(2022-09-01). Workers Struggles: Europe, Middle East & Africa. wsws.org Airline and airport workers in Portugal, Spain, Belgium and Germany continue fight to reverse cuts to pay and conditions; educators begin pay and conditions strikes in France, Hungary, Poland and Serbia as new school term begins; refuse workers in Newham, London walk out and further bin strikes planned across Scotland as inflation hits low paid; protests in Soweto, South Africa against energy cut-offs to poverty-stricken workers making illegal connections to electricity grid…
(2022-09-01). Venezuela Evaluates Opportunities to Export Gas to Europe Through ENI & Repsol. orinocotribune.com Tarek El Aissami, Venezuela's minister of petroleum, reported that the country is evaluating opportunities to market gas abroad in partnership with the Italian company ENI and the Spanish company Repsol. | "We are now seeing the business opportunities that gas has, and how we can take advantage of this situation for the benefit of ENI and Repsol, and for the benefit of the Republic," said the Venezuelan official during a meeting with the press in the city of Caracas. | President Nicolás Maduro said last week that all signs indicate an impending crisis in Europe and the United States due to inflation, and in the e…
(2022-09-01). The Union Advantage for Young Workers: Higher Wages and More Benefits. cepr.net In an economy that is otherwise strongly tilted toward the managerial class, it is vital to empower workers by protecting and supporting their unions.
(2022-09-01). One year since the US military's withdrawal from Afghanistan. wsws.org The Afghan withdrawal represented a debacle for US imperialism, which based its policy throughout thirty years of uninterrupted wars, beginning with the first Gulf War in 1990-91, on the conviction that military force could overcome Washington's precipitous economic decline.
(2022-09-01). Russia to Embargo Countries in Support of Cap on Its Oil Prices. telesurenglish.net "To those companies or countries that impose restrictions, we will not supply our oil and oil products, because we will not work on non-market conditions," Deputy Prime Minister Alexander Novak said about a price cap on Russian oil proposed by Washington. | RELATED: | On Friday, G7 finance ministers will meet to discuss setting a price cap on Russian oil, which would mean a reduction in Russia's oil export revenues. | In this res…
(2022-09-01). Pre-Bunking, Media Literacy, & Democratic Security. oneworld.press After reflecting on the insight that was revealed upon comparing and contrasting the West and Russia's employment of pre-bunking, media literacy, and "Democratic Security" — the first two of which are also applied abroad — it becomes clear that the first-mentioned hypocritically embraces double standards in order to disguise its motivations while the second is completely transparent in all respects.
(2022-09-01). Video: Afghanistan: Extreme Poverty and Despair: Child Malnutrition, Six Million "at Risk of Famine." U.N. Security Council Meeting. globalresearch.ca
(2022-09-01). Labor Day: Unions Have a Stake in Ending Minority Rule in the United States. cepr.net Two months from this Labor Day, members of unions, as well as working people throughout the country, will have some important choices to make in our national elections.
(2022-09-01). Will Remote Work Lead to International Competition for Professionals? Contrary to the Washington Post, the Optimists Say Yes. cepr.net The Washington Post ran a piece last week that raised the possibility that workers who are now working remotely may see their jobs outsourced to countries with lower cost labor. It raised the possibility that this might lead to the same sort of hit to jobs and wages that the rise in imports from China …
(2022-09-01). 3.8 Million Tenants In The US Could Be Evicted In The Next Two Months. popularresistance.org The 3.8 million facing eviction is the tip of the iceberg. The Census Bureau also estimated that 8.5 million tenants are behind on their rent as the month of August comes to a close. | Millions of people are behind on rent and facing eviction in part because of the soaring rent prices. In June of this year, median rents in the US topped a staggering $2,000 per month—the highest ever recorded. | Renters across the country have seen rent increase by almost 25% since before the pandemic, with an increase of 15% in just the past 12 months, according to real estate marketplace company Zillow. Nearly half of rent…
(2022-09-01). CHEAT SHEET: Health Care's Secret Middleman. levernews.com There is a major player in the U.S. health care system that flies under the radar but wields tremendous power in determining who gets access to life-saving medication. A group of businesses called Pharmacy Benefit Managers, or PBMs, set prescription drug benefits nationwide — and instead of passing savings they negotiate onto patients, these firms pocket the proceeds and reap gargantuan profits.A tiny handful of PBMs, most of which are owned by insurers, control nearly the entire market, shape the benefits of hundreds of millions of Americans, and boast sky-high revenues — yet most people don't know…
(2022-09-01). CHEAT SHEET: Health Care's Secret Middleman. levernews.com There is a major player in the U.S. health care system that flies under the radar but wields tremendous power in determining who gets access to life-saving medication. A group of businesses called Pharmacy Benefit Managers, or PBMs, set prescription drug benefits nationwide — and instead of passing savings they negotiate onto patients, these firms pocket the proceeds and reap gargantuan profits.A tiny handful of PBMs, most of which are owned by insurers, control nearly the entire market, shape the benefits of hundreds of millions of Americans, and boast sky-high revenues — yet most people don't know…
(2022-09-01). 15,000 Nurses To Strike As They Fight To Put Patients Before Profits. popularresistance.org St. Paul and Duluth, Minnesota — This morning, nurses with the Minnesota Nurses Association announced that 15,000 nurses throughout the state plan to strike for three days beginning September 12, 2022, as they fight for fair contracts to put patients before profits. The strike is believed to be the largest private-sector nurses' strike in U.S. history, and it comes as nurses have negotiated with hospital executives for more than five months and have worked without contracts for the last several months. The strike will be the first that Twin Cities and Twin Ports nurses have taken together in contract negoti…
(2022-09-01). How Cuba treated me for COVID. liberationnews.org Cuba's socialist healthcare system is able to protect its citizens more effectively than U.S. capitalism's for-profit counterpart…
(2022-09-01). Marxist-Leninist Party of Germany celebrates 40th anniversary. fightbacknews.org Gelsenkirchen, Germany – The Marxist Leninist Party of Germany (MLPD) celebrated its 40th anniversary with a weekend of celebration from August 25-28. Among the 1500 who attended were party members from across Germany, their families, residents of the local community, and international guests representing revolutionary parties and organizations from 31 countries across five continents. Andy Koch, the National Organizer of Freedom Road Socialist Organization attended the celebration. | The climax of the weekend on Saturday, August 27, was the unveiling of a new statue of German revolutionary thinker Karl Marx, whi…
(2022-09-01). With Western Imperialism Decline, Capitalism Is in Crisis—a New Phase Is Emerging. scheerpost.com Foto: Alan Santos / PR | " data-medium-file="https://i0.wp.com/scheerpost.com/wp-content/uploads/2022/09/Informal_meeting_of_the_BRICS_during_the_2019_G20_Osaka_summit-scaled.jpeg?fit=300%2C200&ssl=1″ data-large-file="https://i0.wp.com/scheerpost.com/wp-content/uploads/2022/09/Informal_meeting_of_the_BRICS_during_the_2019_G20_Osaka_summit-scaled.jpeg?fit=780%2C520&ssl=1″ src="https://i0.wp.com/scheerpost.com/wp-content/uploads/2022/09/Informal_meeting_of_the_BRICS_during_the_2019_G20_Osaka_summit.jpeg?resize=780%2C520&ssl=1″wp-image-23467″ sizes="(max-width: 780px) 100vw, 780px" data-recalc-dims="1″ />
(2022-09-01). Why Is Biden's DOJ Still Targeting Student Debtors? levernews.com Just days after President Joe Biden announced student debt cancellation, his administration is under fire for continuing to try to deny bankruptcy protections to the most beleaguered debtors.Earlier this year, The Lever broke the news that contrary to Biden's campaign pledge, his administration officials have been
(2022-09-01). Buffalo solidarity with Palestine. workers.org Buffalo Activists from Workers World Party, Democratic Socialists of America and Food Not Bombs gathered in Buffalo, New York, Aug. 24, in solidarity with Palestine against Israeli occupation and terrorism. Credit: WW PHOTO: Buffalo paper bureau Israeli occupation forces mounted an attack on Gaza earlier this month, wounding hundreds and . . . |
(2022-09-01). The Theory of Permanent Revolution in Turkey and throughout the world. wsws.org These remarks were delivered by Ula≈ü Ate≈üàßi, a leading member of the Sosyalist E≈üitlik Grubu (Socialist Equality Group, SEG) in Turkey, to the Seventh National Congress of the Socialist Equality Party (US).
(2022-09-01). Shenzhen passes China's first regulation of AI technology. ecns.cn Shenzhen has officially passed regulation of artificial intelligence, making it the first local government in China to establish targeted policies for the sector, according to a local government conference held on Wednesday.
(2022-09-01). Beijing achieves high-quality growth powered by innovation. ecns.cn Beijing has achieved high-quality economic growth driven by scientific and technological innovation, announced a press briefing on Thursday.
(2022-09-01). Australia: NSW premier denounces striking rail and bus workers. wsws.org Rail workers across New South Wales engaged in a one-day ban on crewing around 75 percent of the fleet. Unions ensured this was kept separate from industrial action by Sydney bus drivers.
(2022-09-01). 'Largest Private Sector Nurses Strike in US History' Coming to Minnesota. commondreams.org "Hospital CEOs with million-dollar salaries can afford to put patients before profits in our hospital and to do right by Minnesota nurses," said Minnesota Nurses Association, which is organizing the strike.
(2022-09-01). China issues guideline to further promote national defense education. ecns.cn A guideline on enhancing and improving national defense education for all people has been jointly issued by the Communist Party of China Central Committee, the State Council and the Central Military Commission.
(2022-09-01). High-speed cross-sea railway line to open next year in Fujian. ecns.cn China's first cross-sea high-speed railway line will open in Fujian province between June and September next year, and is expected to promote the development of economically dynamic coastal city clusters in southeastern China, the line's chief bridge designer said.
(2022-09-01). Children crammed back into Philippine schools amid COVID-19 surge. wsws.org The criminal policies of the Marcos administration, prioritizing profit over the lives of working families, follow the pattern established by the major capitalist powers, above all the United States.
(2022-09-01). The death of Mikhail Gorbachev and the legacy of Stalinist counterrevolution. wsws.org Gorbachev, who is being hailed in the Western press as a statesman, was responsible for the final act of betrayal carried out by the parasites who raised themselves up above and fed off the Soviet working class—the full-scale restoration of capitalism in the USSR and the dissolution of that country into more than a dozen states.
(2022-09-01). Hong Kong hailed as BRI's pivotal gateway. ecns.cn Hong Kong has served as a critical gateway to boosting progress in trade and investment under the Belt and Road Initiative since the BRI was launched nine years ago.
(2022-09-01). Chinese premier stresses need to nurture higher-quality products. ecns.cn Chinese Premier Li Keqiang on Thursday called for efforts to boost the quality of Chinese products amid market competition and nurture more competitive products, in a bid to better cater to people's needs.
(2022-09-01). Maquiladora worker speaks out about unsafe return to school in Matamoros, Mexico. wsws.org While the López Obrador administration, the media and trade unions cheerfully celebrated the return to school, a worker and mother in Matamoros described to the WSWS that they face repeated COVID-19 outbreaks in schools and factories and a devastating increase in the prices of school materials and other basic needs.
(2022-09-01). Index shows China's thriving new growth drivers. ecns.cn New development drivers are increasingly underpinning China's growth, adding to economic vitality and innovation capability, an index shows.
(2022-09-01). Rail unions promote toothless regulation on two-man crews while working to ram through terms of pro-corporate PEB report. wsws.org The ruling contains numerous exceptions allowing for a massive increase in the use of one-man crews.
(2022-09-01). Australia's National Cabinet slashes COVID isolation time amid record deaths. wsws.org The Labor government and the anti-democratic National Cabinet are presiding over a new stage in the mass infection of the population for profits, which will result in even greater levels of death.
(2022-09-01). 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.
(2022-09-01). Cuba: Factores de la compleja coyuntura económica en el primer semestre del 2022 (II). cubadebate.cu En primer lugar, no puede desconocerse que en todo el mundo el USD o el euro son monedas fuertes y actúan como monedas de refugio o reserva frente a monedas devaluadas, por lo que su venta al Estado en el mercado cambiario tendría que sostenerse con un estímulo muy fuerte para que tenga lugar realmente.
(2022-09-01). Guía de Negocios agrupa más de 370 mil actores económicos cubanos. cubadebate.cu La plataforma tiene entre sus novedades el clasificador único nacional para todas las formas de gestión económica, algo que no existía en Cuba y que permite buscar las instituciones de una manera más sencilla y homogeneizada.
(2022-08-31). Prisoners for Profit: From the Kononovich Brothers to U.S. Jails. libya360.wordpress.com John Parker Based on remarks given at "Free the Kononovich Brothers: International Campaign Meeting" on Aug. 25. Mikhail and Alexander Kononovich are leaders of the Leninist Communist Youth Union of Ukraine. They were among hundreds of political opponents of the Ukrainian regime jailed this year, and thousands since the 2014 U.S.-backed coup. On July 18,…
(2022-08-31). There's No Place For Burnout In A Burning World. popularresistance.org By the age of 10, I was terrified about the state of the world. I wanted to quit school and volunteer for environmental and human rights groups. Instead, I distributed leaflets in my neighborhood and attended rallies with my dad. At 14, I watched "An Inconvenient Truth." At 15, I read a National Geographic article about coal — how it planted cancer in people's lungs, stole their breath, and polluted their water. This broke my heart and, in the midst of that brokenness, I devoted my life to stopping climate change. | Fast forward a decade, and I'd had the privilege of working in several nonprofits, including…
(2022-08-31). Over One Million Bolivians Mobilize To Support President Arce's Government. popularresistance.org On Thursday, August 25, under the banner of 'March in Defense of Democracy and Economic Reconstruction', over one million Bolivians mobilized in support of the government of President Luis Arce and Vice President David Choquehuanca and its socialist economic policies. | Workers from diverse sectors, peasants, students, and members of various Indigenous organizations and social movements from all nine departments of the country arrived in capital La Paz to ratify their support for the national government of the ruling Movement Towards Socialism (MAS) party. | The call for the march was given by the Pact of Unity (…
(2022-08-31). Integration Processes Developing within the EAEU. journal-neo.org On August 25-26, a meeting of the heads of government of the Eurasian Economic Union (EAEU) countries was held in Cholpon-Ata (Kyrgyz Republic), that served as a testament to the successful development of the integration processes of the member countries. A total of nine truly crucial issues was discussed at the meeting of the Eurasian …
(2022-08-31). The 'Noble Lie' Of A Democratic West. popularresistance.org As Westerners, we are deeply attached to the idea not only that we live in democracies but that our way of life is economically, socially and morally superior to that of citizens in authoritarian states. | Following on from these two assumptions is a further one — today held less consciously, for the obvious reason that it smacks a little too uncomfortably of racism — that we, as the people who fought for and created our democracies, are superior to those who did not. | Our largely unexamined premise is that modernity and democracy grew out of the particular circumstances of a Western Enlightenment. A…
(2022-08-31). Hungary & China: Mutually Beneficial Cooperation. oneworld.press China, with its capital surplus and dominant industrial position, is a viable alternative to the financial capitalism New World Order.
(2022-08-31). Interpreting Putin & Kosachev's Condolences Over Gorbachev's Death. oneworld.press It's not contradictory nor surprising for someone like President Putin to simultaneously acknowledge the urgent necessity of reforms during the late Soviet era, lament the ultra-disastrous geopolitical and humanitarian consequences of Gorbachev's related implementation, and defend his resultant Great Power's interests in line with international law, all while without ever pining for the restoration of that former communist superpower.
(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). EV prices spiking as demand increases in the U.S. america.cgtn.com In the U.S., electric vehicle prices are soaring as demand for is accelerating. Research from iSeeCars found that, overall, EV prices rose in July by more than 54% from the same month a year ago, compared to just 10% for gasoline cars.