(2021-11-06). Haiti in crisis, U.S. big-business press calls for intervention. workers.org Oct. 31 — The Haitian economy lacks the fuel it needs to function. Because Haiti's electric grid is unreliable, hospitals, factories, banks, cell phone towers, schools, taxis and the "tap taps" that provide public transport — are cutting back or shutting down. A general strike of fuel truck drivers and . . . |
(2021-11-06). How the Wealthiest Countries Schemed to Avoid Economic Commitments at COP26. zcomm.org The G20, an exclusive club of mostly wealthy nations, met just before the COP26 in Glasgow and paid little more than lip service to the world's leading problems, while preserving their own financial dominance…
(2021-11-06). Inflation sets off gyrations in global bond markets. wsws.org While bond market movements are small in absolute terms, they can have major effects because they impact on large amounts of money—hundreds of billions of dollars—that surge through financial markets every day.
(2021-11-06). Sanders Slams Democrats' Tax Break for the Wealthy as "Beyond Unacceptable" zcomm.org Because the proposal almost exclusively favors the wealthy and the 1 percent, progressives are vehemently opposed to the idea…
(2021-11-06). Only one solution to Utah's rising housing prices: socialism. liberationnews.org According to a recent report from the University of Utah, housing price increases are unlikely to subside for some time.
(2021-11-06). Bolivian President Warns 'Carbon Colonialism' Won't Solve Climate Crisis. zcomm.org "The solution," said Luis Arce at COP26, "is to change the model of civilization and move towards an alternative model to capitalism, the concept of living well together in harmony with Mother Earth.
(2021-11-06). How Sri Lankan workers can fight privatisation. wsws.org Workers need to form action committees, independent of the trade unions, in every workplace and unify with other sections of workers in a common political struggle for socialist policies.
(2021-11-06). Argentine judge indicts Spanish Franco-era minister on murder charges. wsws.org Spain's Socialist Party-Podemos government is refusing to implement the arrest warrant issued in Argentina for former Francoite minister Rodolfo Martín Villa.
(2021-11-06). "People are getting killed and the government is indifferent"—SEP (Australia) electoral members support campaign to eliminate COVID-19. wsws.org "It is critical for the Socialist Equality Party to be registered, to be able to discuss the political situation with the working class."
(2021-11-06). Experts oppose "reckless" easing of COVID-19 restrictions in New Zealand. wsws.org Auckland University associate professor of public health Collin Tukuitonga told the World Socialist Web Site the decision to reopen retail in Auckland next week, while COVID-19 numbers continue to soar, is "reckless."
(2021-11-05). Widespread support for Socialist Equality Party's lawsuit against the German secret service. wsws.org The SGP's complaint against its surveillance by the Federal Office for the Protection of the Constitution, Germany's secret service, is of great political importance, because the government wants to criminalize socialist ideas. Hundreds of WSWS readers and workers have quickly recognized this fact.
(2021-11-05). Has Saudi Arabia Decided to Put an End to the Small and Defenseless Lebanon? journal-neo.org Recently, Saudi Arabia and its satellites Bahrain and Kuwait have decided to expel Lebanese ambassadors amid the rising tensions between Beirut and some countries of the Cooperation Council for the Arab States of the Gulf (GCC). In addition, Riyadh severed economic ties with Lebanon, which looks like a deliberately malicious move aimed at pushing Lebanon into a deeper …
(2021-11-05). Connecticut group home workers strike Sunrise for wages, pensions, dignity. peoplesworld.org HARTFORD, Conn.—From the moment over 100 courageous caregivers walked onto the picket line against group home company Sunrise Inc., they had the support of the community and the labor movement behind them. Part of the national post-pandemic strike wave and racial justice uprisings, these working-class Black, Latino, and white women are standing up for living …
(2021-11-05). In wake of rejection of Deere sellout contract, Sanders' "Labor Strikes Back" forum covers for union bureaucracy. wsws.org At a sparsely watched online forum Wednesday, Vermont Senator Bernie Sanders tried to falsely portray the unions as fighting organizations of the working class.
(2021-11-05). Pseudo-left and Labor promote unions, oppose socialist perspective at University of Sydney meeting. wsws.org International Youth and Students for Social Equality (Australia) and the Committee for Public Education members called for a unified movement of students and staff on an independent socialist perspective.
(2021-11-05). Headlines for November 5, 2021. democracynow.org World's Biggest Polluters Remain on Sidelines as Over 40 Nations Pledge to Phase Out Coal, House Schedules Votes on Infrastructure Bill & Build Back Better Act, "We Want to Live!": Climate Activists Confront Sen. Joe Manchin over Climate Emergency, White House Announces Vaccine Mandate for Over 100 Million U.S. Workers by January 4, U.S. to Cancel Contract with COVID-19 Vaccine Maker That Ruined Millions of Doses, Moderna Reports $3.3B Third-Quarter Profit; Protesters Demand It Share Vaccine Recipe, U.S. Proposes New $650 Million Missile Sale to Saudi Arabia, Despite Yemen War Crimes, Two Indigenous Mapuche Leade…
(2021-11-05). OPEC+ Rebuffs US Calls for Speedier Oil Output Increases. orinocotribune.com OPEC and its allies agreed at a meeting on Thursday to stick to plans to raise oil output by 400,000 barrels per day (bpd) from December, despite calls from the United States for extra supply to cool rising prices. | The White House said Washington would consider a full range of tools at its disposal to guarantee access to affordable energy. | All oil producers suffered a drop in income during the COVID-19 pandemic and as demand recovers with the global economy it has allowed them to rebuild their balance sheets. OPEC+ supply restraint has underpinned a rally that has pushed global benchmark Brent crude to a thre…
(2021-11-05). Economy Adds 531,000 Jobs in October; Unemployment Falls to 4.6 Percent. cepr.net The rise in the index of aggregate hours since July is equivalent to adding 498,000 private sector jobs a month | The economy added 531,000 jobs in October, as the unemployment rate fell to 4.6 percent, a level not reached following the Great Recession until February 2017. The jobs numbers for the prior two months were also revised upward by 235,000 to bring the three-month average to 442,000. | It's also worth noting that private sector employment grew even more rapidly, adding 604,000 jobs. The hours-worked index, which only measures private sector employment, has risen by 1.2 percent in the last three months,…
(2021-11-05). China's winding road towards capitalism. canadiandimension.com There is perhaps no bigger controversy among partisans of the left than the nature of China and its economy. Is it socialist? Capitalist? State capitalist? A hybrid? That so much debate swirls around this issue is its own proof that the question doesn't have a definitive answer, at least not yet. | What can be agreed upon is that China has experienced decades of extraordinary economic growth. But the nature of that growth, and the base upon which it has been created, are also subject to intense debate, arguments that necessarily rest on how a debater classifies the Chinese economy. An additional debate is whet…
(2021-11-05). Combatting Global Warming: The Solution to China's Demographic "Crisis" zcomm.org If China wants a path through its "demographic crisis," or, in other words, coping with secular stagnation, devoting substantial resources towards greening its economy would be a great path forward…
(2021-11-05). Wall Street's Latest Scheme Is Monetizing Nature Itself. popularresistance.org A month before the 2021 United Nations Climate Change Conference (known as COP26) kicked off in Scotland, a new asset class was launched by the New York Stock Exchange that will "open up a new feeding ground for predatory Wall Street banks and financial institutions that will allow them to dominate not just the human economy, but the entire natural world." So writes Whitney Webb in an article titled "Wall Street's Takeover of Nature Advances with Launch of New Asset Class": | Called a natural asset company, or NAC, the vehicle will allow for the formation of specialized corporations "that hold the rights to the e…
(2021-11-05). TNI Webinar series: China and the World. roarmag.org We are excited to announce a new China's economic rise in the last three decades is unprecedented and is shaping our world like never before. Global capitalism today would not survive in its current fo…
(2021-11-05). "Too Little, Too Late": Global South Activists Decry 2050 "Net Zero" Goal by Wealthy Nations. democracynow.org After nearly a week of speeches, negotiations and protests at the COP26 U.N. climate summit, we speak with Meena Raman, head of programs at Third World Network, who says developing countries need more time and resources to adapt to the climate crisis and end the use of fossil fuels. Without a just transition that addresses inequality, she says, many countries will continue to suffer from both poverty and environmental devastation. "When the rich world has not been able to phase out fossil fuels, … it's really dubious to preach to the developing world that they have to get out of fossil fuels," says Raman.
(2021-11-05). Quitting is a Mental Health Decision. dissidentvoice.org Well well, some of us try-try. We end up having to take pittance jobs, with pitiful nonprofits, where the bottom line is, well, poverty pimping. So in a time of Covid Capitalism, in a time of quick silver circling the drain, quitting after 5 weeks on the job may appear rash, or self-defeating. But here …
(2021-11-05). New Brunswick premier meets with top CUPE official in bid to shut down militant public sector strike. wsws.org New Brunswick's striking public sector workers must beware. The CUPE leadership is conspiring with Premier Higgs and his hard-right Tory government to smother their struggle for a wage "catch-up" after 15 years of declining real incomes.
(2021-11-05). Tonga's first COVID-19 case enters from New Zealand. wsws.org New Zealand's Labour-led government, having "transitioned" from its COVID-19 elimination strategy, is facilitating the export of the deadly virus into the Pacific.
(2021-11-05). UK Corbynite's Zero Covid campaign: "Zero" in name only. wsws.org The campaign exists solely to provide an apologia for the refusal of the Labour Party and trade unions to do anything that genuinely opposes the Conservative government's policy of allowing the virus to rip through workplaces and schools.
(2021-11-05). The Socialist Cooperative Commonwealth. dissidentvoice.org Since its origin in the early 19th century by followers of Robert Owen, the term "socialism" has evolved to mean many different things to many different people and has been misused by dictatorships to describe their draconian management of capitalism. At the present time "socialism" is an unpopular word. Stalin, Mao and Pol Pot have …
(2021-11-05). The underbelly of America. peoplesworld.org Under a concrete bridge lies an independent space. Worried, weary, broken, broke, women abused. Overused men. Lost lives chasing shadows. Challenging stories. A challenging life. Homeless camps here and there. Infested makeshift shelters. Overcrowded sidewalk nests. Living symbols of institutional failure. Immense wealth against homeless mayhem. Suppressing motivation, innovation, and personal growth. Unnoticed, unheard just …
(2021-11-05). "JobKeeper" billions boosted Australian corporate profits while casual workers axed. wsws.org The wage subsidy scheme, like all the COVID-19 "stimulus" packages in Australia and around the world, has been another historic transfer of wealth to big business.
(2021-11-05). Has Fuel Distribution in Venezuela Improved? This is what Venezuelans Say. orinocotribune.com A tour made of service stations in Caracas and its surroundings this Thursday, November 4, by Laiguana.tv's team of reporters, led by the journalist Mirelvis Gutiérrez, found two contrasting realities. On the one hand, at the pumps that sell fuel at international prices, queues are practically non-existent and the supply is constant. Alternately, where subsidized gasoline is sold, long lines persist. | On Victoria Avenue in Caracas an interviewee told Gutiérrez that, although they still have to wait several hours to refuel, the situation has improved in comparison to previous months. | Since June 1, 2020, Venezue…
(2021-11-05). Japan and Turkey Boost Cooperation in Central Asia. journal-neo.org Pragmatism has long been the backbone of the Japanese presence in Central Asia, expressed in billions of dollars in direct bilateral financial assistance and multilateral financing through the Asian Development Bank and other financial institutions. However, Japan has not yet learned how to firmly convert the returns on financial and other assistance provided to the region …
(2021-11-05). JP Morgan: Bitcoin Could Hit $146,000 And Is Acting Like Digital Gold. moguldom.com Bitcoin, a scarce product like gold, is increasingly competing with the most popular precious metal for investors' attention as a hedge against inflation, which is running at a 13-year high in the U.S. Inflation concerns in September and October 2021 appear to have renewed investor interest in using bitcoin as an inflation hedge, JPMorgan strategist …
(2021-11-05). Israel's parliament approves 2022 budget in key win for governing coalition. middleeasteye.net Israel's parliament approves 2022 budget in key win for governing coalition | Prime Minister Naftali Bennett's coalition passes budget for next year, a day after passing belated spending budget for 2021 | Fri, 11/05/2021 – 09: 45 | Approval of the 2022 budget was seen as crucial for the four-year coalition because it stabilises the alliance up to when Bennett, pictured, is due to turn the…
(2021-11-05). Striking Warrior Met coal miners arrested at protest in New York City. peoplesdispatch.org Seven members of the United Mine Workers of America were arrested after staging a sit-in in front of the headquarters of the multi-trillion dollar investment firm BlackRock, which is largest shareholder in Warrior Met Mines…
(2021-11-05). Michael K. Dorsey on Climate Summit, Nekessa Opoti on Haitian Refugees. fair.org This week on CounterSpin: The impacts of climate disruption are not theoretical; they are happening. Those already worst off are facing the worst of it, and those who profit from it continue to profit. There are finer points, but that's reality. And it's fair to measure journalism not by its cleverness, or by demonstrated …
(2021-11-05). Join the FRSO General Members meeting. fightbacknews.org The Freedom Road Socialist Organization (FRSO) is hosting another meeting for general members this coming Thursday, November 11 at 8 p.m. Eastern time. We will use Zoom to again to welcome the scores of new members who chose to join the FRSO over the past four months. | Tracy Molm, an environmental justice activist, and Masao Suzuki, chair of the Freedom Road Socialist Organization (FRSO) Joint Nationalities Commission, will speak on how capitalism destroys the environment to achieve ever greater profits. This also harms the working class and puts the greatest burden on oppressed nationality communities. This inc…
(2021-11-05). Putting In Work: 5 Things To Know About The Sisters Of Watts Organization. moguldom.com "Don't bring me problems without solutions." It is a well-known sentiment among purpose-driven people and the Sisters of Watts live it out frequently in their community. The mission of the Los Angeles-based nonprofit is "to unite neighborhoods, promote community, strengthen families, and form meaningful relationships." They do so in a variety of ways. Here are …
(2021-11-05). Pfizer Has Secret Government Contracts for COVID Vaccines: Advocacy Group Says Company Puts Profits over Public Health and Reveals Seven of Its Contracts Are Worth $5 Billion. globalresearch.ca
(2021-11-05). Lord Mayoral Q&A: Socialist Alliance candidate Steve O'Brien. greenleft.org.au Steve O'Brien, who is running for Lord Mayor of Newcastle and councillor in Ward 1, discusses his people before profit campaign.
(2021-11-05). Supply chain crisis: Driven by deregulation. workers.org Corporate media and the Biden administration have focused on major West Coast ports, specifically Los Angeles and Long Beach, Calif., as the pivot points in the global supply chain crisis impacting the U.S. But the problem is far more complex. It involves points of production, methods of global transport, points . . . |
(2021-11-05). With Rising Wages and Record Job Openings, Do We Still Have to Ask if the Minimum Wage Kills Jobs? cepr.net If we think work should be rewarded, a higher minimum wage is a great place to start.
(2021-11-05). Workers Struggles: Asia, Australia and New Zealand. wsws.org Malaysian contract doctor threaten national strike; India: Spicejet engineers workers walkout over unpaid wages; FedEx drivers to strike in Australia…
(2021-11-05). Rediscovering the Power of Unions. zcomm.org Better wages, health care, paid leave, and real curbs on inequality may always face headwinds in Washington. But as workers across the country are rediscovering, a strong union can win those things directly…
(2021-11-05). Turkish drones: Kyrgyzstan becomes first Central Asian country to purchase TB2s. middleeasteye.net Turkish drones: Kyrgyzstan becomes first Central Asian country to purchase TB2s | Analysts say the deal highlights Central Asian attempts to counterbalance the dominance of Russia and China | Fri, 11/05/2021 – 10: 23 | A Turkish-made Bayraktar TB2 drone flies at Gecitkale military airbase near Famagusta in the self-proclaimed Turkish Republic of Northern Cyprus on 16 December 2019 (A…
(2021-11-05). Report: A New Paradigm Is Needed To Achieve Racial Justice And Move Beyond The Failures Of Neoliberalism And Racial Liberalism. moguldom.com Republicans are advocating violence. Democrats are running on policies that are going nowhere. It would seem obvious to most that change is needed. Almost one in three Republicans polled in a recent study from the Public Religion Research Institute agree with this statement, "Because things have gotten so far off track, true American patriots may …
(2021-11-05). Ecuador's Neoliberal Government Announces State Emergency to Impose Austerity. zcomm.org On October 18, 2021, Ecuador's President Guillermo Lasso declared a state of emergency for 60 days…
(2021-11-05). Portuguese communists kickstart celebrations for Jose Saramago's birth centenary. peoplesdispatch.org On Saturday, October 30, the Communist Party of Portugal (PCP) organized a cultural event in Lisbon titled: "Universal Writer, Intellectual of April, Communist Militant" to kick start the birth centenary celebration of renowned writer and communist Jose Saramago. November 16, 2022 is the 100th birth anniversary of Saramago, who was born in Santarém, Portugal. He received the Nobel Prize for literature in 1998. Preparations for the official centenary celebrations by the Portuguese state and the Jose Saramago Foundation, headed by his wife Pilar del Río, are also underway. | Before becoming a full fledged writer, S…