2023-04-04: News Headlines

ecns.cn (2023-04-04). Revised labor rules sought as gig work rises. ecns.cn Data from a recent survey showed that a growing number of people in China are working in the gig economy, a fact that experts said underscores the dire need to overhaul labor rules to better protect these people from long, grueling work hours, inadequate social security coverage and other issues.

Dana Sanchez (2023-04-03). Saudi Arabia Shocks Markets With Oil Supply Cut: What This Means For Elevated American Inflation. moguldom.com Oil prices rose on Monday after some of the world's biggest oil-producing countries led by Saudi Arabia agreed to reduce production by more 1 million barrels a day, raising concerns of continuing inflation in the U.S. economy. The move is a significant reduction and represents the abandonment of earlier OPEC assurances that it would keep supply …

Brittani Banks (2023-04-03). Global News Dispatches: 3 Stories. independentmediainstitute.org Headlines in This News Package: War Criminals & Military Aggressors Who Occupy Seats in the Security Council Ending the World's Cycles of Conflict, Disaster and Extreme Poverty U.S. Policies Are Slowing World Economy [NEWS ITEM TEXT] War Criminals & Military Aggressors Who Occupy Seats in the Security Council [1,583 words] Come April 1, a post-Ukraine …

Ben Norton, Geopolitical Economy. (2023-04-03). US Invites Authoritarian Far-Right Regimes To 'Summit For Democracy'. popularresistance.org The US government organized a conference of its allies which it misleadingly called a "Summit for Democracy", but which actually featured numerous anti-democratic, far-right regimes. | The State Department invited 120 global leaders to participate in the summit on March 29 and 30. They did so virtually, via video calls. | Several of the heads of state who spoke represent governments that even Western officials, corporate media outlets, and mainstream human rights organizations have admitted are authoritarian, including Benjamin Netanyahu of Israel, Andrzej Duda of Poland, and Narendra Modi of India.

ecns.cn (2023-04-04). SOEs make infrastructure milestones. ecns.cn China's infrastructure construction continues to progress at a fast pace amid the nation's overall economic recovery, with State-owned enterprises playing critical roles in several massive and urgent undertakings nationwide.

ecns.cn (2023-04-04). China's rapid recovery brightens regional, global economic outlook: ADB. ecns.cn China's rapid recovery has brightened the regional and global economic outlook, according to a new Asian Development Bank (ADB) report released on Tuesday.

Fabio Vighi (2023-04-04). Senile Economics: Bubble Ontology and the Pull of Gravity. indybay.org The entire banking system is closing in on folding, which is why it so desperately needs new inflationary liquidity to keep afloat. The Great Reset is our owners' authoritarian attempt to respond to this systemic threat by taking control of the collateral (our lives) and remain in the driving seat. All the rest is perception management.

WSWS (2023-04-04). Stellantis cutting hundreds of jobs at Sterling Heights Assembly Plant. wsws.org The company is stepping up its campaign of economic terrorism before this summer's contract talks, provoking widespread anger among workers.

Larry Johnson (2023-04-04). More Prominent Countries Abandoning the US Dollar and Ignore U.S. Plea To Boost Oil Production. sonar21.com I had a relaxed, focused discussion today with Craig Simpson, who does a podcast from Arizona, on the political and economic fallout in the West from its feckless attempt to…

Anonymous103 (2023-04-03). How America's News-Media Hide the Extent of America's Corruptness. southfront.org Click to see full-size image | Written by This article will show how America's 'news'-media carried-out a virtually total corruption — 100% censorship against reporting the basic truth — in order to protect the banksters who had masterminded and made billions from the corruptness that had actually produced the 2008 economic crash. If that corruptness had…

Antonio C.S. Rosa (2023-04-03). News from the Front of the Economic War. transcend.org 19 Mar 2023 – The US support and escalation of the Ukraine War is central to the politics of the Biden administration and its NEOCON strategists trying to maintain US hegemony. Ukraine is a pawn in the strategy of attacking Russia that is considered the principal enemy of that hegemony along with China.

ecns.cn (2023-04-03). Automakers drive China's export recovery. ecns.cn Made-in-China vehicles are gaining overseas popularity, which is expected to drive exports that serve as a major pillar of the country's economic growth.

ecns.cn (2023-04-03). Experts: China's Q1 GDP to grow at around 4%. ecns.cn China's major economic indicators have continued to improve since the start of the year.

infobrics (2023-04-03). India, China Plan to Trade in Own Currency, Cut US Dollar Dominance. infobrics.org Asian economic giants China and India have launched separate programmes in an attempt to reduce the dominance of the US dollar in international transactions and allow them settle business in their own currencies…

Nathan Taylor (2023-04-03). Mayor of Saint-Gervais-les-Bains Fires Up Environmentalist Wrath. indybay.org While the mountains in general, and Mont Blanc in particular, are now being forced to rethink their future and their economic activities in a context of accelerated climate change, some municipalities seem to be taking these considerations rather lightly.

Staff (2023-04-03). Brazil & China Sign Trade Deals in Local Currency. orinocotribune.com Brazil's state-owned company for the promotion of exports and investments, ApexBrasil, announced on Wednesday the beginning of the establishment of bilateral trade between China and Brazil in local currencies, directly between the Chinese Yuan and the Brazilian Real, excluding the US dollar as a method of payment. | During the Brazil-China Economic Seminar, held in Beijing, two initial agreements were signed to implement the mechanism. The first agreement establishes that the Brazilian bank BBM, based in the city of Salvador and under the control of the Chinese Bank of Communications (Bocom), enters the China Int…

ecns.cn (2023-04-03). Insights | Malaysia researcher: China's poverty eradication efforts are experiences to be learned. ecns.cn Ei Sun OH, principal advisor of Malaysia's Pacific Research Center, noted that China's poverty eradication efforts over the last few years have become very successful, and are lessons to be learned. In addition, he thinks China is indispensable in regional and global economic revitalization.

Editor (2023-04-03). Mexico's AMLO Calls Out US 'Oligarchy' at Biden's Democracy Summit. scheerpost.com Mexico's leftist President Andrés Manuel López Obrador used the US government's "Summit for Democracy" to indirectly call out Washington's hypocrisy: "The oligarchy reigns with the faàßade of democracy", he said, calling for "greater equality" and "separation of economic and political power."

Staff (2023-04-03). Lula afirma que crecimiento económico de Brasil "será mayor de lo que pronostican los pesimistas" cubadebate.cu El presidente Luiz Inácio Lula da Silva afirmó este lunes que el crecimiento económico en Brasil "será mayor de lo que pronostican los pesimistas" y que "el salto será importante". Lula hizo estas declaraciones durante una reunión en el Palacio de Planalto, sede del Ejecutivo, adonde acudió este lunes tras recuperase de una bronconeumonía.

Prabhat Patnaik (2023-04-03). A common misconception about capitalism. mronline.org THERE is a commonly-held view that while capitalism in its early stages brings about unemployment and hence an accentuation of poverty, this initial damage is subsequently reversed as it keeps growing…

H. Patricia Hynes (2023-04-04). As Tax Day Approaches: Is the Federal Budget Moral or Immoral? juancole.com Greenfield, Mass. (Special to Informed Comment) — April, the month tax filings are due, prompts us to ponder what our income taxes pay for. Are they used to provide all citizens sufficient resources and public goods for human security and well-being — the core of our national security? How much of our taxes pay …

WSWS (2023-04-03). Dana paid shareholders $57 million last year, but where is our "profit sharing"? wsws.org Dana workers across the US noticed as March 31, the date by which Appendix P of the contract says Dana must pay "profit sharing," passed without workers receiving much needed income. We, the rank-and-file, are demanding answers as to why we did not get paid.

Editor (2023-04-03). The first signs of an ecological class struggle in Germany. mronline.org After years of rapprochement, Germany's climate and labour movement are jointly going on strike to demand socio-ecological public infrastructure.

WSWS (2023-04-03). UK: Corbyn barred from standing again as a Labour MP. wsws.org The rout of the Corbynite left is clear to everyone. The question now is what conclusions should be drawn by workers and young people.

newsnetwork.mayoclinic (2023-04-04). $41 million federal grant to help Mayo Clinic, collaborators advance multiethnic Alzheimer's research. newsnetwork.mayoclinic.org JACKSONVILLE, Fla. — Alzheimer's disease affects people of all ethnic groups. Armed with $41 million in new federal funding, Mayo Clinic researchers and colleagues from 13 other institutions around the country are pursuing three multiethnic projects to identify targets for treatment. Alzheimer's disease robs victims of their memories and families of quality time with their loved ones. Deaths from Alzheimer's more than doubled from 2000 to 2019, and the number of people living with the…

WSWS (2023-04-04). Newly elected French CGT union leader rushes to prop up Macron. wsws.org The General Confederation of Labor (CGT) held its 53rd congress last week as the working class mounted a direct political struggle against President Emmanuel Macron.

WSWS (2023-04-04). Rifts erupt in Australian ruling class over Voice referendum wording. wsws.org Conflicts over the wording of the constitutional amendment proposed by the Labor government and sections of the indigenous elite have the potential to produce a political crisis.

Fight Back (2023-04-03). Milwaukee's Public Safety and Health Commission passes anti-closure resolution as pressure mounts on Ascension. fightbacknews.org Milwaukee, WI – On Friday, March 31, the Common Council's Public Safety and Health Commission unanimously passed a resolution urging Ascension Wisconsin to reconsider the closure of the Labor and Delivery (L&D) unit at St. Francis Hospital. The St. Francis L&D was the only department of its kind within a roughly 10 mile radius. The hospital serves a predominantly Latino and immigrant community on Milwaukee's Southside, including many Spanish- and Rohingya-only speakers. The resolution also calls on Ascension Wisconsin to establish a one-year moratorium on any downsizing or service reductions at Milwaukee hea…

Gabriel Torres & Ki-Jana Carter (2023-04-03). Undergraduate unions sweeping the U.S. liberationnews.org Across the country, undergraduate student workers are unionizing and taking action to demand better pay and working conditions. On March 15, residential advisors (RAs) at the University of Pennsylvania announced supermajority support for their new union, becoming the 18th undergraduate union effort in the U.S. Young workers at Boston University, Dartmouth, RPI, Wesleyan, Harvard, Tufts, Fordham, and many other campuses have rallied for recognition, won landslide elections, and successfully negotiated first contracts. What explains this uptick in undergraduate labor organizing?>

Sharon Zhang (2023-04-03). Filings Reveal Amazon Spent Over $14 Million to Bust Union in 2022 Alone. truthout.org As Amazon Labor Union's groundbreaking labor movement gained momentum — and, in some ways, faltered — in 2022, Amazon was busy shelling out millions of dollars to anti-union consultants in order to ensure that the union movement would fail, new filings show. As first reported by HuffPost, new financial disclosures filed on Friday with the Department of Labor show that Amazon spent $14.2… |

WSWS (2023-04-03). Verdi union uses questionable vote to push through cuts in real wages for postal workers in Germany. wsws.org Verdi, the union representing postal workers, has declared our fight is over; but it has only just begun. The fact that in this contract dispute, the close collaboration and downright conspiracy of government, corporations and union against us became so clearly visible only shows how important our work as an action committee is.

WSWS (2023-04-03). Australian by-election defeat highlights Liberal Party crisis. wsws.org The Liberal disaster in the seat of Aston increases the reliance of the capitalist class on the Labor Party, which is currently in office across the country, except for the small island state of Tasmania.

WSWS (2023-04-03). Australia: Labor minority confirmed in NSW election as new premier rejects calls for pay increases. wsws.org An unstable minority Labor government in NSW is tasked by the ruling class with imposing major cuts to social spending and wages amid the deepest cost-of-living crisis in decades.

Orinoco Tribune 2 (2023-04-03). Gracias a Dios: The People's Church in Nicaragua. orinocotribune.com By Becca Renk — Mar 30, 2023 | "We are not typical Catholics," explains Yamil Ríos of the Saint Paul the Apostle Christian Base Community in Managua. "Because we don't have a priest here, thanks be to God." Around the room parishioners chuckle on their folding chairs which are set up in a half circle. At the front of the room, musicians shift their instruments, gearing up for another upbeat number. | In today's Nicaragua, there is a rupture between the Catholic hierarchy and its abandoned base. The politicized official church has long collaborated with U.S. imperialism and, as a consequence, is losing the co…

WSWS (2023-04-03). Netflix airs docudrama on the rise and fall of Bernie Madoff: Part two. wsws.org That major financial players ignored the flashing warning lights and continued to invest with Madoff points to the social psychology of a ruling class so manic in its pursuit of ever-greater personal wealth that it has become blinded by its own greed. More, however, is involved in this sociopathic outlook than subjective personality traits.

Owen Fairclough (2023-04-03). Global oil prices surge after OPEC announced output cut. america.cgtn.com See How OPEC's production cuts affect global oil prices.

unitedEditor (2023-04-03). Banking crisis: Is it all over? uwidata.com By Michael Roberts * Bank stock prices have stabilized at the start of last week. And all the key officials at the Federal Reserve, the US Treasury and the European Central Bank are reassuring investors that the crisis is over. Last week, Fed Chair Jerome Powell called the U.S. banking system "strong and resilient" and there was …

Movement for Socialism (2023-04-03). Banking crisis in Switzerland: Socialise the financial sector! greenleft.org.au The recent takeover of Credit Suisse by UBS, with the Swiss state stepping in to cover losses, highlights the need for a broad social movement to demand the socialisation of the financial sector, says Switzerland's Movement for Socialism (BFS/MPS).

WSWS (2023-04-03). Surprise oil production cut in response to recession concerns. wsws.org The announcement was unusual in that it took place outside of a formal meeting of the oil-producing countries, "suggesting an element of urgency by the members taking part in the cuts," according to the Financial Times.

Dana Sanchez (2023-04-03). A Run On The Bank, A Run On Twitter: Rejection Of Paid Blue Checks Could Undermine Solvency. moguldom.com If you're willing to pay $8 a month, you can keep your previously free verified blue checks on Twitter but some of the biggest-name athletes in the world are announcing publicly they have no intention of paying in what sounds like an act of defiance against Elon Musk and his financially strapped social network. Musk …

Prof Michel Chossudovsky (2023-04-03). "Preemptive Nuclear War": The Historic Battle for Peace and Democracy. A Third World War Threatens the Future of Humanity. globalresearch.ca US nuclear doctrine consists in portraying nuclear weapons as a means of "self defense" rather than a "weapon of mass destruction". There are powerful financial interests behind Joe Biden's $1.3 trillion nuclear weapons program initiated under Obama.

D Goessmann, W Pomrehn & A Bacevich (2023-04-04). Inflation, Ukraine and China. indybay.org What impresses me is China's diplomatic engagement. And I say that also in terms of their role in restoring diplomatic relations between Iran and Saudi Arabia. Our diplomacy, American diplomacy, seems to me reactive, unimaginative, and ineffective. | Chinese diplomacy, on the other hand, seems to me to be more imaginative and potentially more effective. (Andrew Bacevich)…

Chris Walker (2023-04-03). Minnesota GOP Lawmaker Decries Popular Vote, Says Democracy "Not a Good Thing" truthout.org During debate on an omnibus spending bill in the Minnesota state legislature, a Republican lawmaker said that expanding democracy in the United States is "not a good thing." The comment was made by Rep. Matt Bliss (R), who opposed elements of the bill during debate within the Minnesota State House Elections Finance and Policy Committee on Friday. The bill deals primarily with funding for state and… |

Michael Harris (2023-04-04). Tuesday 4/25: 11th Annual Pan African Global Trade and Investment Conference – Media Event and Luncheon. indybay.org International Peace Rose Garden | California State Capitol…

_____ (2023-04-03). The Simple Reason Why the U.S. Wants 'Full Spectrum Dominance' of the Earth. strategic-culture.org By Roger MCKENZIE | Imagine the uproar if China or Russia—or any other country for that matter—said it aimed to exercise military control over land, sea, air, and space to protect its interests and investments. | This amazingly has been the stated United States policy since 1997. | Full spectrum dominance, as the doctrine is known, is the reason the United States behaves the way that it does on the international stage. | The United States demands that the world bow down to its leadership. A failure to do so is met with the full force of the international military-industrial complex controlled by the A…

unitedEditor (2023-04-03). Agreement between China and Brazil deepens the crisis of hegemony of the dollar. uwidata.com By Ana Laura Dagorret / reporting from Rio da Janerio, Brazil * The governments of Brazil and China have advanced in negotiations so that trade and investment between the two countries can be carried out directly between the Real and the Yuan. Said agreement intends to exclude the US dollar as a reference currency in …

WSWS (2023-04-03). Nine dead, 44 still missing in mine collapse in China. wsws.org The disaster tragically exposes the brutal working conditions faced by miners in China in the reckless drive for profits ahead of lives and safety.

Olivia Rosane (2023-04-03). 'Ocean is at stake' at International Seabed Authority negotiations over deep-sea mining. peoplesworld.org This week in Kingston, Jamaica, the United Nations' International Seabed Authority (ISA) is conducting a second week of negotiations that could shape the future of the deep ocean. In 2021, the Pacific nation of Nauru triggered something called the two-year rule, which gives the ISA until July 9 to establish regulations to govern the controversial practice …

Fight Back (2023-04-03). Against Trotskyism: Trotskyism and the national question. fightbacknews.org By now it should come as no surprise that Trotskyism, with its ultra-left emphasis on "pure proletarian revolution" originating in Trotsky's theory of "permanent revolution," that Trotskyism's errors extend to the national question. | But, before we can get into Trotsky's view on the subject, what is the national question? When Marxists talk about the "national question" we're talking about the analysis of the problems posed to the revolutionary movement by the materialist process by which nations form and develop, and the role that plays in revolutionary change. Practically, we're talking about how the proletar…

WSWS (2023-04-04). A social and medical examination of Long COVID as a "mass disabling event": Part 1. wsws.org This review will document what is known about the science and impacts of Long COVID, the lessons that should have been drawn from previous post-viral illnesses, and the refusal of world capitalism to address this massive and ongoing social catastrophe.

Antonio C.S. Rosa (2023-04-03). Dollar Sign as Questionable Map of Capitalism? transcend.org Exploring the Malleability of a Fundamental Symbol for Society…

The Lever (2023-04-03). üéß MOVIES VS. CAPITALISM: Clerks (w/ Branson Reese). levernews.com

Julio C. Gambina (2023-04-03). La crisis bancaria y la respuesta del Estado capitalista. globalizacion.ca La crisis bancaria evidencia la preocupación del poder político en los principales países del capitalismo mundial. | I — La crisis bancaria | El fenómeno de la crisis bancaria se hizo visible con las recientes caídas de algunos bancos regionales estadounidenses, caso…

newsnetwork.mayoclinic (2023-04-04). Science Saturday: Understanding the speed of brain communication. newsnetwork.mayoclinic.org It often was thought that the speed of information transmitted among regions of the brain stabilized during early adolescence. A new study in Nature Neuroscience by Mayo Clinic researchers and colleagues from the Netherlands found transmission speeds continue to increase into early adulthood. Because problems such as anxiety, depression and bipolar disorders can emerge in late adolescence and early adulthood, a better understanding of brain development may help clinicians offer therapies to treat these disorders. "A fundamental understanding…

Fight Back (2023-04-04). $17,000 raised in FRSO Spring Fundraising Drive. fightbacknews.org Minneapolis, MN — In less than a week, the Freedom Road Socialist Organization's (FRSO) Spring Fundraising Drive has netted more than $17,000. FRSO aims to raise over $130,000 to hire more full-time organizers to work in our national office, grow our fund to purchase a building, and publish more revolutionary literature. | Anti-war activist Sarah Martin states, "Now is the time to dig deep and contribute to FRSO so we can continue to grow and expand our work as we build towards a new world. The future is bright!" | Local FRSO groups will be going out to members and supporters to make the Spring Fundraisin…

Internationalist 360 ∞ (2023-04-03). Liberation Movement Emerges in the U.S. libya360.wordpress.com Ollantay Itzamná Guatemalan migrants make a call to vote for the MLP in the U.S. Another of the abysmal differences between the MLP and the rest of the neoliberal or conservative parties of the left and right is the attempt to build a plurinational and multi-territorial country project involving the millions of Guatemalans in the…

Emir Sader (2023-04-03). Brasil — La maldita herencia dejada a Lula. globalizacion.ca En este artículo el autor analiza las tres herencias malditas dejadas por Bolsonaro al gobierno de Lula: un Banco Central independiente dirigido por un ultraneoliberal, un parlamento dominado por la derecha y una amenaza permanente procedente de las fuerzas golpistas….

Dick Nichols (2023-04-04). Far-right censure motion: theatre of the grotesque staged in Spanish Congress. greenleft.org.au The Spanish far-right's latest attempt to censure prime minister Pedro Sanchez' government — with the help of a former leader of the Communist Party of Spain — has backfired, writes Dick Nichols.

A Guest Author (2023-04-03). Communiqué: The French working class buries its gravediggers. workers.org Communiqué of the Coordination of Communist Nuclei (CNC) in the Spanish State (Spain) published March 28, 2023. Workers World publishes this communiqué because it could also apply as a message for the working class in the United States. Translation: John Catalinotto. Workers on France's high-speed TGV trains demonstrate near the . . . |

Combined Sources (2023-04-03). French Communist leader refuses to meet Macron's PM until pension scheme withdrawn. peoplesworld.org The leader of the French Communists, Fabien Roussel, has refused to meet with Prime Minister Elisabeth Borne until her boss, President Emmanuel Macron, backs down on his plan to raise the retirement age of French workers. Roussell, who is General Secretary of the French Communist Party (PCF), called for members of parliament to march on …

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