2023-04-19: News Headlines

ecns.cn (2023-04-19). China cuts U.S. Treasury holdings in Feb to near 13-year low, raises economic security. ecns.cn China further reduced its holdings of U.S. Treasury debt in February to the lowest level in nearly 13 years, as other foreign holders cut their holdings by 4.7 percent year-on-year to $7.34 trillion, data from the U.S. Treasury Department showed.

Michael Hudson (2023-04-19). Why the US Bank Crisis is Not Over. indybay.org There must always be a financial crash at some point. That is because interest-bearing debt grows exponentially, but the economy follows an S-curve and then turns down. And when the economy turns down… the magnitude of financial claims on the economy exceeds the ability to pay.

Ben Norton, Geopolitical Economy. (2023-04-18). Peru's Coup-plotting Congress Has 6% Approval, 91% Disapproval. popularresistance.org A study by a leading polling firm in Peru found that the country's coup-plotting congress has an approval rating of just 6%, with a staggering 91% disapproval. | The South American nation's unelected president, Dina Boluarte, has the approval of just 15% of Peruvians, with 78% disapproval. | In December 2022, Peru's democratically elected leftist President Pedro Castillo was overthrown in a congressional coup. The military arrested him, and he was sentenced to 18 months in prison, without due process. | The US ambassador in Peru, Lisa Kenna, is a CIA veteran who strongly supported the coup against Castillo, and h…

infobrics (2023-04-18). Chinese Car Brands Overtake Sales of Russia's Lada in First Quarter. infobrics.org Russians purchased more Chinese cars in the first quarter of 2023 than Ladas, Russia's most popular, locally made vehicle, data showed, evidence of Beijing's growing presence in Russia's economy as Western carmakers head for the exit…

Joel Richards (2023-04-18). Argentina's drought impacts the economy. america.cgtn.com Argentina's worst drought in almost 100 years is decimating critical soy, wheat and corn production, damaging the income of farmers, producers — and hurting the economy.

Rick Rozoff (2023-04-18). Azerbaijan, Israel conspire as NATO blasts Iran. antibellum679354512.wordpress.com Azeri Press AgencyApril 18, 2023 Azerbaijan and Israel discuss economic cooperation and perspective projects Ministry of Economy Mikayil Jabbarov met with Israeli Foreign Minister Eli Cohen, [the] Azerbaijani Minister wrote on Twitter…. "During the meeting with the co-chair of the Azerbaijan-Israel Joint Commission, Minister of Foreign Affairs of Israel Eli Cohen, we expressed satisfaction with …




Ben Norton, Geopolitical Economy. (2023-04-18). Sanctions 'Undermine Hegemony Of Dollar', US Treasury Admits. popularresistance.org "There is a risk, when we use financial sanctions that are linked to the role of the dollar, that, over time, it could undermine the hegemony of the dollar", Yellen said in an April 16 interview with CNN. | She also noted that Washington's use of economic warfare "does create a desire on the part of China, of Russia, of Iran to find an alternative" to the dollar. | Before serving as secretary of the Treasury, Yellen was the chair of the US central bank, the Federal Reserve. | Her remarks represent a significant public acknowledgment by a top level US government official that its increasing use of sanctions has fu…

ecns.cn (2023-04-18). China's Q1 GDP growth indicates good start: experts. ecns.cn Experts said the year-on-year growth rate of 4.5 percent in the first quarter of 2023 has exceeded expectations, and judging from main indicators, China's economy made a good start this year.

Staff (2023-04-19). Argentinians Protest Visit From Head of US Southern Command. orinocotribune.com General Laura Richardson, head of the US Southern Command (SOUTHCOM), traveled to Argentina on Monday with the aim of meeting with officials including Argentina's Defense Minister Jorge Taiana. Richardson also visited Argentina in April, 2022. The visit occurs while Russia's Foreign Affairs Minister Sergey Lavrov tours the region, visiting Brazil, Venezuela, Nicaragua, and Cuba. | As a result of Richardson's visit, various activist groups and social movements have organized demonstrations against the interference of the United States in the region and to oppose the destructive economic policies of the Internation…

W.T. Whitney Jr. (2023-04-19). China, Brazil Lead in Chipping Away at US Economic Power Abroad. orinocotribune.com By W. T. Whitney — Apr 14, 2023 | The United States proclaimed the Monroe Doctrine 200 years ago and ever since has arranged Latin American and Caribbean affairs to its advantage. Nevertheless, struggles for national and regional independence did continue and the poor and marginalized classes did resist. Eventually there would be indigenous movements, labor mobilizations, and progressive and socialist-inclined governments. Cuba's revolutionary government has endured for 63 years. | The U.S. political hold may have weakened, but U.S. control over the region's economies remains strong; after World War II it ex…

ecns.cn (2023-04-19). China pledges moves to prop up consumption recovery. ecns.cn China is planning to take more actions to invigorate consumption recovery, an official with the country's top economic planner said Wednesday.

_____ (2023-04-18). Austerity, War & Dictatorship… the Charade of Western Democracy Is Over. Can We Lose Those Chains? strategic-culture.org Western liberal democracy and its ubiquitous "austerity economics" is a euphemism for fascism. And the charade is finally coming to an end. | Western liberal democracy and its ubiquitous "austerity economics" is a euphemism for fascism. And the charade is finally coming to an end. | Austerity is not some recent policy under neoliberal capitalism. It was born out of the historic crisis in the Western system following the First World War and during the 1930s when fascism became a way to curtail any democratic challenge to the prevailing capitalist system. | That political instrument of repression is wielded toda…

Ben Norton, Geopolitical Economy. (2023-04-18). Sanctions 'Undermine Hegemony Of Dollar', US Treasury Admits. popularresistance.org "There is a risk, when we use financial sanctions that are linked to the role of the dollar, that, over time, it could undermine the hegemony of the dollar", Yellen said in an April 16 interview with CNN. | She also noted that Washington's use of economic warfare "does create a desire on the part of China, of Russia, of Iran to find an alternative" to the dollar. | Before serving as secretary of the Treasury, Yellen was the chair of the US central bank, the Federal Reserve. | Her remarks represent a significant public acknowledgment by a top level US government official that its increasing use of sanctions has fu…

ecns.cn (2023-04-18). China's Q1 GDP growth indicates good start: experts. ecns.cn Experts said the year-on-year growth rate of 4.5 percent in the first quarter of 2023 has exceeded expectations, and judging from main indicators, China's economy made a good start this year.

Staff (2023-04-19). Argentinians Protest Visit From Head of US Southern Command. orinocotribune.com General Laura Richardson, head of the US Southern Command (SOUTHCOM), traveled to Argentina on Monday with the aim of meeting with officials including Argentina's Defense Minister Jorge Taiana. Richardson also visited Argentina in April, 2022. The visit occurs while Russia's Foreign Affairs Minister Sergey Lavrov tours the region, visiting Brazil, Venezuela, Nicaragua, and Cuba. | As a result of Richardson's visit, various activist groups and social movements have organized demonstrations against the interference of the United States in the region and to oppose the destructive economic policies of the Internation…

W.T. Whitney Jr. (2023-04-19). China, Brazil Lead in Chipping Away at US Economic Power Abroad. orinocotribune.com By W. T. Whitney — Apr 14, 2023 | The United States proclaimed the Monroe Doctrine 200 years ago and ever since has arranged Latin American and Caribbean affairs to its advantage. Nevertheless, struggles for national and regional independence did continue and the poor and marginalized classes did resist. Eventually there would be indigenous movements, labor mobilizations, and progressive and socialist-inclined governments. Cuba's revolutionary government has endured for 63 years. | The U.S. political hold may have weakened, but U.S. control over the region's economies remains strong; after World War II it ex…

ecns.cn (2023-04-19). China pledges moves to prop up consumption recovery. ecns.cn China is planning to take more actions to invigorate consumption recovery, an official with the country's top economic planner said Wednesday.

_____ (2023-04-18). Austerity, War & Dictatorship… the Charade of Western Democracy Is Over. Can We Lose Those Chains? strategic-culture.org Western liberal democracy and its ubiquitous "austerity economics" is a euphemism for fascism. And the charade is finally coming to an end. | Western liberal democracy and its ubiquitous "austerity economics" is a euphemism for fascism. And the charade is finally coming to an end. | Austerity is not some recent policy under neoliberal capitalism. It was born out of the historic crisis in the Western system following the First World War and during the 1930s when fascism became a way to curtail any democratic challenge to the prevailing capitalist system. | That political instrument of repression is wielded toda…

ecns.cn (2023-04-18). China unleashes great economic momentum as expos recover. ecns.cn The third China International Consumer Products Expo (CICPE), which hosted more than 3,382 brands from 65 countries and regions, concluded on Saturday in Haikou, Hainan Province. As the conference and exhibition industry gradually recovers, China is unleashing great economic momentum.

ecns.cn (2023-04-18). China's industrial output up 3 pct in Q1. ecns.cn China's value-added industrial output, an important economic indicator, went up 3 percent year on year in the first quarter of 2023, data from the National Bureau of Statistics showed Tuesday.

ecns.cn (2023-04-18). Choosing between U.S., China to bring less prosperity, more poverty: EU Central Bank chief. ecns.cn The rising political pressure on countries to choose between the United States and China would lead to less economic growth across the world and should be avoided by "all means".

Editor (2023-04-18). Amazon shows us the many faces of worker alienation and resistance today. mronline.org Once again we find ourselves in moments of economic crisis. As we battle through inflation and rounds of devaluation, thousands of workers around the world have lost their livelihoods. Yet amidst this all, we have seen workers across the globe go on strike and protest.

infobrics (2023-04-18). India-Russia Relations in the Context of India's G20 Presidency: Opportunities and Challenges. infobrics.org India's G20 presidency provides a crucial opportunity for India to showcase its leadership skills and take forward its global economic governance agenda…

Isaac Nellist (2023-04-18). Inequality on steroids: new report finds richest 10% has overwhelming majority of wealth. greenleft.org.au A new report released by The Australia Institute has revealed that a staggering 93% of economic growth from the last decade has gone to just 10% of the Australian population, reports Isaac Nellist.

Misión Verdad (2023-04-18). US Federal Reserve Admits that Sanctions Undermine Dollar Hegemony. orinocotribune.com Economic "sanctions" are a double-edged sword for those who impose them. Last Sunday, April 16, US Secretary of the Treasury Janet Yellen said that those applied by the United States against Russia and other countries place the dominance of the dollar at risk because the blocked countries must seek an alternative. | "There is a risk when we use financial sanctions that are linked to the role of the dollar that over time it could undermine the hegemony of the dollar," Yellen said in an interview. | Even though it is difficult to escape from the gravitational pull of the US currency, because it is the sign of stren…

Saheli Chowdhury (2023-04-18). Successive Governments in Ukraine have accommodated Nazis to counter Soviet nostalgia: Ukrainian Communist Dmitri Kovalevich (Interview). mronline.org Dmitri Kovalevich described a range of issues to Orinoco Tribune, including the 2014 coup, Ukrainian President Zelensky's rise to fame, war crimes and human rights violations in Ukraine, the economic collapse of the country, and many others.

WSWS (2023-04-19). Australian central bank and Labor government cover up corporate profit-gouging. wsws.org There is undeniable evidence that the inflation has been fuelled by profiteering, on top of the pouring trillions of dollars into the financial markets, the impact of pandemic and the US-NATO war against Russia, not workers' wages.

infobrics (2023-04-18). BRICS Bloc Advances Another Step as Saudi Arabia Joins SCO. infobrics.org Saudi Arabia's cabinet approved a decision to join the Shanghai Cooperation Organization (SCO), cementing the increasingly close ties between the Middle East oil producer and China. The move is also another brick in the emerging closer ties between what can be called the BRICS bloc of leading emerging markets…

Prof. James Petras (2023-04-18). China's Pivot to World Markets, Washington's Pivot to World Wars… globalresearch.ca China and the US are moving in polar opposite directions: Beijing is rapidly becoming the center of overseas investments in high tech industries, In contrast, Washington is pursuing a predatory military pivot to the least productive regions with collaboration from its most barbaric allies, like Saudi Arabia.

WSWS (2023-04-19). Daughter of Rage, La Bonga: Terrible poverty in Nicaragua, the devastation of Colombia's civil war. wsws.org At this moment in history, most of the social layer with cameras in their hands and resources at their disposal still have an extremely limited outlook.

Staff (2023-04-18). "Poverty, by America": Author Matthew Desmond on How U.S. Punishes the Poor & Subsidizes the Wealthy. democracynow.org A new study published in the Journal of the American Medical Association finds that poverty is the fourth-greatest cause of death in the United States. Roughly 500 people die from poverty in the U.S. every day. Our guest, sociologist Matthew Desmond, is the author of the new book, Poverty, by America, the follow-up to his Pulitzer Prize-winning book Evicted: Poverty and Profit in the American City. "There's so much poverty in America, not in spite of our wealth, but because of it," says Desmond in an in-depth interview.

ecns.cn (2023-04-18). China's surveyed urban unemployment rate at 5.3 pct in March. ecns.cn China's surveyed urban unemployment rate stood at 5.3 percent in March, down 0.3 percentage points from February, official data showed Tuesday.

ecns.cn (2023-04-18). China's resident nominal disposable income up 5.1 pct in Q1. ecns.cn China's per capita disposable income stood at 10,870 yuan (about 1,579.6 U.S. dollars) in the first quarter of 2023, up 5.1 percent year on year in nominal terms, data from the National Bureau of Statistics showed Tuesday.

Isaac Nellist (2023-04-18). Inequality on steroids: Top 10% take overwhelming majority of income growth. greenleft.org.au A new Australia Institute report revealed that a staggering 93% of income growth over the past decade in Australia went to the top 10% of income earners, reports Isaac Nellist.

Peoples Dispatch (2023-04-18). Delivery workers at Indian grocery delivery platform 'Blinkit' go on strike against pay revision. peoplesdispatch.org Delivery partners of the quick-delivery company are demanding that a new pay structure, which will reportedly substantially reduce their current incomes, be immediately rescinded…

Rebekah Entralgo, Inequality. (2023-04-18). To Fight Inequality, Tax The Patriarchy And Invest In Care. popularresistance.org While millions of households across the United States are scrambling to file — or extend — their taxes by the April 19th deadline, members of our billionaire class are doing a great deal more smiling than scrambling. | Why? Because the U.S. tax code is built to reward wealth over work and serves big corporate interests over working families. | Trillions of dollars goes untaxed each year, deftly squirreled away by tax professionals hired by the nation's wealthy and powerful or left untouched because the federal government doesn't tax wealth as it does income. | Over one recent five-year period, a bombs…

Matt Robson (2023-04-19). How the NZ cabinet learned to stop worrying about the bomb and love NATO. greenleft.org.au In Aotearoa/New Zealand, the Labour government has enthusiastically, and without any public discussion, become part of NATO's Asia Pacific 4, betraying the gains of the mass anti-war movement, writes Matt Robson.

Sam Wainwright (2023-04-19). Indian labour lawyer Clifton D Rozario to speak at Ecosocialism 2023. greenleft.org.au Clifton D Rozario, a labour lawyer and a leader of the Communist Party of India (Marxist-Leninist) Liberation, will address the upcoming Ecosocialism 2023 conference in Naarm/Melbourne. Sam Wainwright reports.

Staff (2023-04-19). La inteligencia artificial engaña a los fans con una supuesta colaboración de Drake y The Weeknd. cubadebate.cu Spotify y Apple Music eliminaron la canción 'Heart On My Sleeve' de los cantantes Drake y The Weeknd porque en verdad era una inteligencia artificial (IA) que imitaba a las voces de los cantantes. Un usuario de YouTube entrenó a modelos de audio con IA para mostrar el primer ejemplo de música generada con dicha tecnología.

Adam Johnson (2023-04-19). A bombshell NYT report exposed widespread illegal child labor. Where are all the calls for prison time? therealnews.com Six weeks ago, The New York Times

Darren Saffin (2023-04-19). Merri-bek Council votes to be nuclear free. greenleft.org.au Motivated by federal Labor's decision to spend billions on nuclear-powered submarines, Merri-bek Council passed a motion declaring the local government area a nuclear free zone. Darren Saffin reports.

newsnetwork.mayoclinic (2023-04-19). Science Saturday: COVID-19 — the pandemic that's forever changed laboratory testing. newsnetwork.mayoclinic.org Like many people throughout the world, Matthew Binnicker, Ph.D., remembers exactly where he was and what he was doing when COVID-19 was classified as a pandemic. "Those first few months of the pandemic will be forever ingrained in my memory," he says. For Dr. Binnicker, director of Mayo Clinic's Clinical Virology Laboratory, two important dates stand out above the rest. "One was Feb. 17, 2020, when Dr. (William) Morice and I were talking about whether the department should…

Pacifica's Covid, Race & Democracy (2023-04-19). Earth Crisis Mass Environmental Protests Against Cop City; War In Ukraine & VT Van Deusen. indybay.org CRD covers Earth Crisis Mass Environmental Protests Against Cop City; War In Ukraine & Labor with Vermont AFL-CIO President; Remembering Revolutionary Artist & Activist Paul Robeson…

Staff (2023-04-19). New York Times: Biden Admin Ignored Warnings About Migrant Child Labor, Punished Whistleblowers. democracynow.org Our guest Hannah Dreier, a Pulitzer Prize-winning reporter at The New York Times, has published a bombshell new investigation headlined "As Migrant Children Were Put to Work, U.S. Ignored Warnings." It reports that the Biden administration has repeatedly ignored or missed warnings about a surge of migrant children as young as 12 working in factories across the United States under grueling and often dangerous working conditions in serious violation of child labor laws. "People were punished for bringing this to the attention of their supervisors," says Dreier.

teleSUR, dcdc, JCM (2023-04-19). Director de la OMS insta a garantizar atención médica en Sudán. telesurtv.net Tedros Adhanom Ghebreye afirmó que la escalada de violencia en el país africano dificulta enormemente la labor del personal médico.

United Front Committee For A Labor Party (2023-04-19). Wednesday 5/3: On World Press Freedom Day: A Day Of Action To Free Assange/ Mumia & Against Censorship. indybay.org KQED Television | 2601 Mariposa St. | San Francisco…

WSWS (2023-04-19). FedEx pilots begin voting to authorize strike action. wsws.org ALPA and FedEx have been conducting mediated negotiations under the terms of the infamous Railway Labor Act since October 2022, although the negotiations themselves began in May 2021.

Staff (2023-04-19). Falleció Pablo González Casanova, eminente intelectual mexicano y gran amigo de Cuba. cubadebate.cu Pablo González Casanova, ex rector de la Universidad Nacional Autónoma de México falleció este martes a los 101 años de edad. González Casanova fue un eminente intelectual mexicano y gran amigo de Cuba. Fundador de la Red en Defensa de la Humanidad. Cubadebate y la Mesa Redonda tuvieron el honor de contar con él como uno de sus colaboradores.

Staff (2023-04-19). Pinar del Río: Cadena Cubana del Pan y mipymes firman convenios para retomar producciones. cubadebate.cu La firma de convenios de trabajo entre la UEB de la Cadena Cubana del Pan en Pinar del Río y mipymes permitirá en los próximos días retomar algunas producciones.A los actores por cuenta propia corresponderá el suministro de materia prima mientras los trabajadores de las unidades de la cubana del pan elaborarán los surtidos.

_____ (2023-04-18). Western Bloc 1943-2023: From Judenfrei to Russenfrei. strategic-culture.org The West, with its decadence, its Democrats and Republicans, still lives in Rome's savage shadow, where we are This article expands upon elements of Russian Foreign Ministry spokesperson Maria Zakharova's recent comment that "the Germans are rewarding the non-Nazi Zelensky for the fratricidal massacre, the abolition of everything Russian, the demolition of monuments to the winners of the Third Reich, the glorification of Nazi collabora…

jamanetwork (2023-04-18). For My Niece, Who Is Thirty-nine Today. jamanetwork.com She clearly regrets her impending dive into middle age. In her twenties, life was a permanent vacation punctuated by necessary labors in order to pay the rent. My specialty: to lie awake at night worrying, counting sheep like lost stars, trying to see the world her way.

Samidoun Deutschland (2023-04-18). "Anti-Imperialist Front" against the Repression in Berlin: Germany Collaborates with Turkey and Israel to Fulfil its Imperialist Interests. samidoun.net Samidoun Palestinian Prisoners Solidarity Network salutes our comrades in "Anti-Imperialist Front" for their continuous work agaisnt imperialism and we republish their statement against the ban by the German state on Palestinian Prisoner's Day actions in Berlin after a nationwide smear campaign against Palestinian organising in Germany, and especially Samidoun. Following is their statement: Palestinian Prisoners' …

WSWS (2023-04-18). Sri Lankan pseudo-left FSP promotes "people's councils" and class collaboration. wsws.org In opposition to the FSP's appeals to the capitalist opposition parties to join "people's councils," the SEP calls on workers to form action committees in every workplace and suburb independent of all bourgeois parties and their trade unions.

teleSUR, JCM (2023-04-18). Al menos 21 muertos deja incendio en un hospital de Beijing. telesurtv.net Los medios informaron que el incendio logró ser apagado y que las labores de rescate ya se concluyeron.

Andrew Perez (2023-04-18). Tax-Free Day For The Ultra-Wealthy. levernews.com

Editor (2023-04-18). Why the Republi-Fascists Can't Stop Calling the Capitalist Democrats 'Marxists'. scheerpost.com By Paul Street / CounterPunch The Capitalist Democrats… The Democratic Party is a militantly capitalist entity and always has been — and not just in the neoliberal era. The much beloved New Deal Democratic president Franklin Roosevelt, himself a wealthy member of the capitalist establishment, boasted that he had saved the US American profits system by overseeing …

Jordan Treakle, Antonio Tovar, National Family Farm Coalition. (2023-04-18). NFFC's Progressive Farm Bill Platform — Placing Family Farmers First. popularresistance.org The National Family Farm Coalition released its 2023 Farm Bill Platform urging lawmakers to pass a suite of policy proposals that prioritize consumers, family farmers and ranchers, and rural communities over the profits of corporate agribusinesses. | Big Ag and structurally problematic farm policy continue to undermine family farms and ranches, leading to the drastic loss of generational wealth, depressed rural communities, and a highly concentrated food and farm system vulnerable to disruption—problems largely ignored by Congress and government agencies. | The Farm Bill opens an important opportunity to re…

Walter Smolarek (2023-04-18). Three massive ways the government wastes your tax dollars. liberationnews.org While the right wing points to vital social programs as sources of "waste" in the federal budget, the reality is that a huge part of what the government spends money on serves no purpose but to bolster the wealth and power of the ruling elite.

Jason Hickel, Resilience. (2023-04-18). Universal Public Services: The Power Of Decommodifying Survival. popularresistance.org One of the central insights emerging from research on degrowth and climate mitigation is that universal public services are crucial to a just and effective transition. | Capitalism relies on maintaining an artificial scarcity of essential goods and services (like housing, healthcare, transport, etc), through processes of enclosure and commodification. We know that enclosure enables monopolists to raise prices and maximize their profits (consider the rental market, the US healthcare system, or the British rail system). But it also has another effect. When essential goods are privatized and expensive, people need m…

Editor (2023-04-19). The financial backers of the war on woke. mronline.org Matthew Goodwin wants us to worry about a 'new elite' of media workers and academics, not the actual elite of billionaires—like his backers. SOLOMON HUGHES unveils the trail.

Staff (2023-04-19). In 1969 Abe Fortas Became the First Justice Forced to Resign. Should Clarence Thomas Be Next? democracynow.org As pressure grows on Supreme Court Justice Clarence Thomas to resign over his decades-long relationship with a billionaire benefactor, we speak with legal journalist Adam Cohen, who says there is a precedent that should guide lawmakers in how to address the growing scandal. In 1969, Justice Abe Fortas was forced to resign after his financial relationship came to light with businessman Louis Wolfson, who paid Fortas to consult for his foundation. Fortas was a Democratic appointee, but the scandal led to a bipartisan call for his resignation — even though his replacement would be named by Republican President…

Yanis Varoufakis (2023-04-19). Blow up the banking system! A free account for all is possible. indybay.org Harsh austerity policies for the vast majority of people and state socialism for bankers, both practiced at the same time in Europe and the U.S. after 2008 – this had two consequences, as they have characterized the financialized capitalism of the past 14 years. First, this course poisoned the West's money.

Common Dreams Staff (2023-04-19). 'Not surprised, but disgusted': Fox avoids trial by settling with Dominion for $787.5 million. nationofchange.org Critics said the financial agreement robbed the public of a trial that would have exposed the news network's lies about fraud during the 2020 election and its behind-the-scenes operations.

Taya Graham, Stephen Janis, Jayne Miller (2023-04-18). Maryland state says it doesn't have to account for spending on tax break costing Baltimore $20 million annually. therealnews.com When it comes to putting a price tag on Baltimore's expansive list of tax incentives for developers, even a simple request for financial data can lead to complicated answers. City officials learned this the hard way when they asked the Maryland Department of Environment (MDE) for data on what was being spent on cleaning up contaminated sites that have earned a lucrative tax break known as a Instead of sharing the data, the MDE forced the city to file a Maryland Pu…

Dana Sanchez (2023-04-18). Apple Offers A Juicy 4.15% Savings Interest Rate: Could That Squeeze America's Regional Banks, Drain Liquidity? moguldom.com Apple launched a high-yield savings account on Monday in partnership with Goldman Sachs Bank that promises dividends more than 10 times higher than the U.S. national average and it's giving banks a run for their money. Depositors in search of higher returns cost three big U.S. financial groups — Charles Schwab, State Street and M&T — more than …

ecns.cn (2023-04-18). China's central bank adds liquidity via reverse repos. ecns.cn China's central bank injected funds into the financial system through open market operations Tuesday.

WSWS (2023-04-18). UPS workers speak out against dire working conditions as contract talks begin. wsws.org UPS workers at a Teamsters rally in southern California spoke out against dire working conditions, impacts of the financial crisis and rising cost of living, and their thoughts on the contract negotiations.

WSWS (2023-04-18). After SVB and Credit Suisse: Whither the financial system? wsws.org The immediate storm set off by the SVB collapse may have passed following another bailout, but questions are being raised about whether this was just a passing phenomenon or the sign of much worse to come.

Martin Varese (2023-04-19). When Bolsonaro abandoned Brazil's poorest, the MST stepped up. therealnews.com Hunger skyrocketed in Brazil during the tenure of former president Jair Bolsonaro. 33 million Brazilians, some 15% of the entire country, are now food insecure according to official statistics. As Brazil's poorest were abandoned to deal with the overlapping crises of COVID-19 and inflation,

Peoples Dispatch (2023-04-18). Thousands of farmers fear possible evictions in Pakistan's Punjab province for planned megacity. peoplesdispatch.org The Ravi Riverfront Urban Development Project was initiated in August 2020 with the objective to address "issues of pollution, sewage, housing and employment."

jamanetwork (2023-04-18). Added Therapeutic Benefit of Top-Selling Brand-name Drugs in Medicare. jamanetwork.com This cross-sectional study assesses Medicare spending on 50 top-selling drugs with limited added clinical benefits using ratings from health technology assessment organizations in Canada, France, and Germany.

WSWS (2023-04-18). Speaker McCarthy appeals to Wall Street to back massive social spending cuts. wsws.org The US House Speaker urged the assembled stock traders and agents of billionaire investors to support his party's position in demanding massive cuts in domestic social spending as the price of approving an increase in the federal debt ceiling.

Ashley Curtin (2023-04-19). DOE approves LNG exports from Alaska project. nationofchange.org The $38.7 billion infrastructure project, if it gets the necessary investments and all required permits, will be operational by 2030.

ecns.cn (2023-04-19). China to further reduce restrictions, offer easier market access for foreign investment. ecns.cn China is considering updating its negative list for market access and removing more restrictions for foreign investment entering the Chinese market, Meng Wei, spokesperson for the National Development and Reform Commission (NDRC), said Wednesday at a press conference.

ecns.cn (2023-04-19). China to further shorten negative list for foreign investment. ecns.cn China will appropriately shorten the negative list for foreign investment, as part of efforts to promote high-level opening up, an official said Wednesday.

Dave DeCamp (2023-04-18). Report: Biden Preparing Executive Order to Limit US Investments in China. news.antiwar.com The White House is preparing to take unprecedented action to limit US investments in China's tech sector, POLITICO reported on Tuesday. The action would come in the form of an executive order signed by President Biden that would require American companies to notify the government of new investments in Chinese tech. It would also prohibit …

ecns.cn (2023-04-18). China's fixed-asset investment up 5.1 pct in Q1. ecns.cn China's fixed-asset investment went up 5.1 percent year on year in the first quarter of this year, data from the National Bureau of Statistics showed Tuesday.

Maximillian Alvarez (2023-04-19). I've been a train conductor for 17 years—corporate greed has ruined the railroads. therealnews.com Bryan Mack is a second-generation railroad worker from Florence, South Carolina, with a Masters in Music Performance. Both Bryan and his father worked for CSX Transportation, each hiring out at times when there were statistically few Black employees or employees of color working on the railroads. For 17 years, Bryan has worked as a conductor for CSX; in that time, he has seen and experienced firsthand the worsening conditions as the industry has been taken over by greedy executives and upper-level managers hellbent on cutting costs and maximizing profits for their shareholders at the expense of workers, cus…

WSWS (2023-04-19). Interest rate hikes threaten recession and job losses but boost profits of major banks. wsws.org The increase in profits for the major banks further underscores the class-war agenda which is at the centre of the interest rate hikes by the Fed.

Editor (2023-04-18). Largest US Corporate Landlords Reap Huge Profits Amid Double-Digit Rent Hikes. scheerpost.com

Fight Back (2023-04-18). Minneapolis change allows for broadcasting Muslim call to prayer. fightbacknews.org Minneapolis, MN — As part of their daily routine, religious Muslims pray five times a day. Since prayer times revolve around the lunar cycle, they change throughout the year. In many places around the world, a call to prayer is broadcast from mosques to announce those five Adhan prayer times so people who are Muslim know it's time to pray. | In most cities in the United States including Minneapolis, noise regulations prevent the call to prayer from being publicly broadcast outside of certain hours. In Minneapolis the noise ordinance only allows broadcasts from 7: 00 a.m. to 10: 00 p.m. At some times of the ye…

Joel Wendland-Liu (2023-04-18). 'Until Tomorrow, Comrades': Manuel Tiago asks us to examine 'the woman question'. peoplesworld.org Manuel Tiago's classic novel uses the political thriller form to teach us the history of Portugal's anti-fascist struggle. If you enjoy reading books by Graham Greene, John Le Carré, or Dan Brown, you will relish the taut action of Until Tomorrow, Comrades even more because its protagonists are fighting fascism, capitalism, and imperialism. They are …

The Lever (2023-04-18). üéß MOVIES VS. CAPITALISM: Josie and the Pussycats (w/ Shannon Amabile). levernews.com On this week's MVC, Rivka and Frank are joined by psychotherapist and cinephile

ecns.cn (2023-04-18). Tallest tree in karst area of China found in Guangxi. ecns.cn A 72.4-meter-tall Parashorea chinensis (Shorea wangtianshuea)"ÄÄtree was recently discovered at a karst peak cluster depression of Nonggang National Nature Reserve, Ningming County, south China's Guangxi Zhuang Autonomous Region, becoming the tallest tree found in the country's karst area. "ÄÄ…

Derek Seidman (2023-04-18). Fossil Fuel Giants With Most Emissions Paid $1.18 Billion to CEOs in Last Decade. truthout.org Over the past decade, the four U.S. oil and gas corporations that contributed most to industrial greenhouse gas (GHG) emissions from 1988 to 2015 showered their CEOs with nearly $1.2 billion in compensation, according to a Truthout analysis of corporate disclosures. Truthout analyzed CEO compensation disclosures of the eight U.S. corporations over the past decade (2013 to 2022) identified among… |

Dr. Lucy Cane, The Real News Network. (2023-04-18). UK Teachers Aren't Backing Down. popularresistance.org The past year has seen a historic wave of trade union strikes in the UK, with transport workers, nurses, junior doctors, university lecturers, ambulance drivers, Amazon workers, and others walking out. The largest teachers' union in the UK, the National Education Union (NEU), joined the strike wave on Jan. 16, announcing that its ballot of members had met the required threshold to commence strikes over pay and funding. | Earlier this month, the NEU met for its annual national conference—a meeting that took place at a crucial juncture in this ongoing industrial action. The conference opened with the unveilin…

Dave DeCamp (2023-04-18). US to Sell Taiwan 400 Boeing-Made Harpoon Anti-Ship Missiles. news.antiwar.com Taiwan will purchase 400 Boeing-made Harpoon anti-ship missiles under a contract worth $1.7 billion, Bloomberg reported on Monday. Taipei has previously purchased ship-launched Harpoons, which are also made by Boeing, but the new deal is for a ground-launched mobile version of the anti-ship missiles. According to Bloomberg, the sale will complete a deal approved by …

Tanupriya Singh, People's Dispatch. (2023-04-18). Indian Workers And Farmers Unite Against Modi Government. popularresistance.org This was one out of the nearly 100,000 voices that rose in the Indian capital of Delhi on April 5 as workers, farmers, and daily wage agricultural workers from across the country came together for the landmark Mazdoor Kisan Sangharsh Rally (Workers-Farmers Rally). | The demonstration was organized by the All India Kisan Sabha (AIKS), All India Agricultural Workers Union (AIAWU), and the Centre of Indian Trade Unions (CITU) in rejection of the neoliberal assault on the lives and livelihoods of the Indian working class, overseen by a ruling party which they accuse of fueling sectarian and caste-based violence, whil…

Fight Back (2023-04-19). Hands off the African People's Socialist Party and the Uhuru Movement! fightbacknews.org On Tuesday, April 18, a federal grand jury in Tampa, Florida indicted four U.S. citizens and three Russian nationals with charges of "acting as agents of the Russian government within the United States without prior notification." The U.S. citizens indicted are: Omali Yeshitela, chairman and founder of the African Peoples Socialist Party and the Uhuru Movement (APSP); Penny Joanne Hess, a leader of APSP; Jesse Nevel, a member of APSP; and Augustus C. Romain Jr., aka Gazi Kodzo, a former leader of APSP. If convicted, they face a maximum sentence of 10 years in prison. The Russians indicted are Aleksandr Ionov, fou…

WSWS (2023-04-19). Tamil nationalists back austerity, police-state measures against Sri Lankan workers. wsws.org The alternative to the Tamil nationalists' orientation to the unitary state and executive presidency is the SEP's struggle for a Democratic and Socialist Congress of the Workers and Rural Masses.

Party for Socialism, Liberation (2023-04-18). PSL Statement — Sudan: In the face of civil war, the people demand the end of military rule. liberationnews.org The Party for Socialism and Liberation stands with Sudan's mass movement struggling for a more popular democracy.

Ann Brown (2023-04-18). 7 Things To Know About Boots Riley Becoming Commercially Successful As A Communist. moguldom.com Boots Riley is a successful Hollywood filmmaker. He's also a communist activist. The 47-year-old Riley, who is also a hip-hop artist, made his feature film directorial debut with the film "Sorry to Bother You" in 2018. It would seem that raking in money in entertainment would be counter to what one thinks of as a …

Staff (2023-04-18). Georges Abdallah's statement from French prison for Palestinian Prisoners' Day. samidoun.net On 17 April, Georges Abdallah, the Lebanese Communist struggler for Palestine imprisoned in France for over 38 years, made a statement from his prison in Lannemezan to commemorate Palestinian Prisoners' Day. Abdallah has always been a part of the Palestinian prisoners' movement; not only is he imprioned because of his involvement in the Palestinian and …

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