(2023-07-11). Turkish economy has to adjust to new challenges. journal-neo.org The current financial crisis in Turkey demonstrates the rapid devaluation of the Turkish lira. After the second round of presidential elections, the Turkish lira has been falling in value almost daily, breaking new historic lows. Thus, on June 22 it overcame the psychological mark of 24 lira per dollar. All of this was the result […] | –°–æ–æ–±—â–µ–Ω–∏–µ
(2023-07-11). Chinese, Belarusian senior officials hold talks in Beijing. ecns.cn China is willing to increase the import of high-quality products from Belarus and jointly promote the steady development of the China-Belarus Industrial Park.
(2023-07-11). Yellen's Visit To China Has Failed. popularresistance.org Treasury Secretary Janet L. Yellen visited China. There she tried to press the worlds biggest economy on several issues. Yellen's visit failed to achieve anything. She had some talks with Chinese officials but achieved nothing. She lectured and made demands that no one in China will be willing to fulfill. The Chinese side for one seems unimpressed by her performance: | Yellen mentioned multiple times the US is seeking a healthy competition with China rather than a "winner-take-all" approach. While this may sound good, the key lies in how we define "healthy competition." Is it a US-style one in which the geopoliti…
(2023-07-11). Australian PM boosts involvement in Ukraine war and hails arms export deal with Germany. wsws.org Albanese's visit to Berlin, on his way to the NATO summit, further points to the development of a war economy, closely linked to those of the US and its allies, all of which are militarising rapidly.
(2023-07-11). New PE regulation to advance tech drive. ecns.cn China's first regulation covering supervision and administration of private equity funds unveiled on Sunday will facilitate the industry's high-quality development by better managing risks, and is expected to further advance China's technological innovation and better serve the real economy.
(2023-07-11). Chinese financial regulators extend support to real estate developers. ecns.cn China's top financial regulators announced on Monday that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024.
(2023-07-11). Northwest China's Xinjiang region to optimize cotton planting structure in 2023. ecns.cn Xinjiang Uygur Autonomous Region will further optimize its cotton planting structure and ramp up output of top-quality cotton products, with 16 groups of Xinjiang's Production and Construction Corps to exit from cotton planting, according to a recent notice released by the region.
(2023-07-10). JPMorgan Flags Some Signs of Emerging De-dollarisation. infobrics.org Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank JPMorgan said, although the currency should maintain its long-held dominance for the foreseeable future…
(2023-07-11). Biden's Suicidal Economic Confrontation with China: Beijing Hits Back with Rare-earth Elements Restrictions. globalresearch.ca
(2023-07-11). BRICS Is Evolving from China-Russia Dream to Potential U.S. Nightmare. infobrics.org Global interest among nations seeking to join the BRICS economic bloc led by Brazil, Russia, India, China and South Africa is demonstrating its growing influence as a new geopolitical force with the potential to challenge the largely Western-led financial system…
(2023-07-11). From Affirmative Action To Reparations: Bridging Racial Economic Inequality. inequality.org The Supreme Court's latest attempt to mandate colorblindness amidst the reality of deep and widespread racial inequality has dealt another strong blow against affirmative action in higher education. Yet at the same time communities across the country are recognizing that racial inequality will only be addressed if policies are specifically designed to repair these divisions. …
(2023-07-11). America's lost promise of economic rights. therealnews.com 
Inequality lies at the heart of contemporary American politics—from the dizzying power of corporations and the billionaire class to the racialized and gendered dimensions of wealth and income disparities. Yet the question of economic justice, as well as the struggle to attain it, also has long historical roots. Mark Paul joins The Marc Steiner Show to discuss his new book,
(2023-07-11). Should There Be A Supreme Court? popularresistance.org Vested interests create "checks and balances" primarily to make political systems non-responsive to demands for social reform. Historically, therefore, the checks are politically unbalanced in practice. Instead of producing a happy medium, their effect often has been to check the power of the people to assert their interests at the expense of the more powerful. Real reform requires a revolution — often repeated attempts. The Roman Republic suffered five centuries of fighting to redistribute land and cancel debts, all of which failed as the oligarchy's "checks" imposed deepening economic dependency and imbal…
(2023-07-11). China's further development has priority. indybay.org The focus of Chinese policy remains the economic and social development of the country… Despite the enormous successes in economic and social development, there is still a long way to go before China catches up and can also keep up with the rich industrialized countries in terms of per capita economic output.
(2023-07-11). Biden appoints senior economic advisor as White House point man in UAW contract talks. wsws.org The appointment underscores Biden's determination to use all means to beat back demands by autoworkers for serious improvement in the 2023 contract.
(2023-07-11). Yellen offers no concessions in economic push against China. wsws.org One of her central aims was to promote the fiction that the widespread technology bans are only related to possible military use and not aimed at crippling Chinese economic advances in this area.
(2023-07-11). Mayo Clinic names leaders for Discovery Oasis biotech innovation hub in Phoenix. newsnetwork.mayoclinic.org In 2021, Mayo Clinic announced plans to develop a biotechnology innovation hub called Discovery Oasis adjacent to Mayo Clinic Hospital in North Phoenix. Two leaders have now been named to champion this organizational priority. Steven Lester, M.D., Mayo Clinic cardiologist and health care futurist, will serve as the medical director for Discovery Oasis. Aric Bopp, an experienced economic development leader, will serve as its executive director. "I am inspired by this opportunity because I believe Discovery…
(2023-07-11). It's not that hard to solve homelessnessÔøº. nationofchange.org Our economic priorities have created a serious housing crisis and fueled homelessness. Solving the problem simply requires us to change our priorities from profits to people.
(2023-07-11). Should There Be A Supreme Court? popularresistance.org Vested interests create "checks and balances" primarily to make political systems non-responsive to demands for social reform. Historically, therefore, the checks are politically unbalanced in practice. Instead of producing a happy medium, their effect often has been to check the power of the people to assert their interests at the expense of the more powerful. Real reform requires a revolution — often repeated attempts. The Roman Republic suffered five centuries of fighting to redistribute land and cancel debts, all of which failed as the oligarchy's "checks" imposed deepening economic dependency and imbal…
(2023-07-11). China's further development has priority. indybay.org The focus of Chinese policy remains the economic and social development of the country… Despite the enormous successes in economic and social development, there is still a long way to go before China catches up and can also keep up with the rich industrialized countries in terms of per capita economic output.
(2023-07-11). Biden appoints senior economic advisor as White House point man in UAW contract talks. wsws.org The appointment underscores Biden's determination to use all means to beat back demands by autoworkers for serious improvement in the 2023 contract.
(2023-07-11). Yellen offers no concessions in economic push against China. wsws.org One of her central aims was to promote the fiction that the widespread technology bans are only related to possible military use and not aimed at crippling Chinese economic advances in this area.
(2023-07-11). Mayo Clinic names leaders for Discovery Oasis biotech innovation hub in Phoenix. newsnetwork.mayoclinic.org In 2021, Mayo Clinic announced plans to develop a biotechnology innovation hub called Discovery Oasis adjacent to Mayo Clinic Hospital in North Phoenix. Two leaders have now been named to champion this organizational priority. Steven Lester, M.D., Mayo Clinic cardiologist and health care futurist, will serve as the medical director for Discovery Oasis. Aric Bopp, an experienced economic development leader, will serve as its executive director. "I am inspired by this opportunity because I believe Discovery…
(2023-07-11). It's not that hard to solve homelessnessÔøº. nationofchange.org Our economic priorities have created a serious housing crisis and fueled homelessness. Solving the problem simply requires us to change our priorities from profits to people.
(2023-07-10). NATO to Drop Membership Action Plan for Ukraine. news.antiwar.com NATO is set to drop the requirement for Ukraine to go through a Membership Action Plan (MAP) to join the alliance, AFP reported on Monday. The MAP is designed to ensure aspiring NATO members make reforms to meet certain political, economic, and military standards to join the alliance. Waiving the MAP would speed up Ukrainian …
(2023-07-11). Trending Citywalk gives new fashion of cultural tourism in China. ecns.cn In contrast to rushing past overcrowded tourist landmarks, the new trend has emerged as a popular alternative to explore bustling markets, ancient streets, and charming alleys at a leisurely pace.
(2023-07-11). Insights | Bangladesh student: CPC lifts millions of people out of poverty,achieves noticeable accomplishment. ecns.cn "Foreign students in China have heard a lot about the achievements made by the Communist Party of China. I have seen by my own eyes," Sabbir Ahamed, an international student from Bangladesh, said in a recent interview with China News Network.
(2023-07-10). Young socialist activists in the forefront of mobilizing against Period Poverty in Africa. peoplesdispatch.org Young activists from Ghana and Lesotho talk about the crisis of Period Poverty in their countries and the urgent need for mobilizing on this issue. This follows a march in late June in Ghana calling for the removal of taxes on sanitary pads…
(2023-07-10). Slim Thug Issues Hip-Hop Fatwa Against Artists Selling Catalog: 'Stop Selling Out, This is Our Black Gold'. moguldom.com Music artists have been selling off their music catalogs for millions. There are many reasons behind this trend, say experts. Older artists who are no longer bringing in money from touring might opt to use the catalog money as their retirement income. Other artists want millions upfront rather than waiting for future sales, plays, and …
(2023-07-11). Starmer branded an 'absolute disgrace' at Durham Miners' Gala. mronline.org 
Durham Miners' Association general secretary Alan Mardghum said it was an absolute disgrace that the Labour leader had punished MPs for standing on picket lines in support of striking workers.
(2023-07-11). Unionized Psychiatrists Say Maryland Provider Violated Labor Law. popularresistance.org Unionized psychiatrists and nurse practitioners at Cornerstone Montgomery, an independent behavioral health care provider with dozens of locations across the D.C. region, are accusing management of unfair labor practices, arguing that recent policy proposals would sacrifice their ability to care for patients. | Represented by the healthcare worker union 1199SEIU, psychiatrists and nurse practitioners say that Cornerstone Montgomery has tried to "drastically" increase the number of appointments on the providers' calendars, which would decrease the amount of time each practitioner can spend with their patients, and…
(2023-07-11). Labor must act on council demerger promises. greenleft.org.au 
(2023-07-11). 'Work Requirements' Or Real Jobs? popularresistance.org When I heard the debt-ceiling deal would target people in their fifties for new work requirements to get food stamps, I thought about my brother. | As a young man in the Navy, he was diagnosed with type 1 diabetes—that's the one where your body attacks your pancreas, and you need insulin to stay alive. At the time, treatment options were limited, and the Navy discharged him. But thanks to the V.A. and medical advances, he was OK. | He's a talented mechanic, had steady work, and raised two wonderful kids. In his fifties, though, the toll of the disease meant a lot of sick days. Too many for his employers.
(2023-07-11). Slingshot: 'Work Requirements' or Real Jobs? labornotes.org
(2023-07-11). Reform Caucus in Amazon Labor Union Sues Board to Hold Leadership Election. truthout.org One year after the landmark union victory at the Amazon warehouse JFK8 on Staten Island, New York, the brightly colored posters that once adorned the glass at the iconic bus stop in front of the plant are gone. This was the bus stop from which Chris Smalls, Derrick Palmer, Connor Spence, Gerald Bryson, Jordan Flowers, and others launched an insurrection that won an unprecedented union… |
(2023-07-11). Preview: What to Look for in the June CPI. cepr.net (The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Tuesday, June 12 at 8: 30 AM Eastern Time.) Inflation is likely to continue on its downward course in June. The core CPI, which came in at 0.4 percent in May for the third consecutive month, should edge downward …
(2023-07-11). West Nile virus: What you need to know. newsnetwork.mayoclinic.org Female Culex mosquito, courtesy: CDC The Centers for Disease Control and Prevention (CDC) have confirmed reports of West Nile virus in 10 states. The bite of an infected mosquito most commonly spreads the virus. "West Nile virus is the leading cause of mosquito-borne illness in the U.S.," says Dr. Bobbi Pritt, director of the Clinical Parasitology Laboratory at Mayo Clinic. It's a flavivirus —a specific type of RNA virus that can infect humans, birds and horses. "West Nile virus is…
(2023-07-11). ASEAN Nations Start Ministerial Meetings to Discuss Challenges. telesurenglish.net On Tuesday, the Association of Southeast Asian Nations (ASEAN) kicked off its 56th Foreign Ministers' Meeting in Jakarta, Indonesia. | RELATED: | In his opening remaks, Indonesian Foreign Affairs Minister Retno Marsudi called on the leaders of the bloc to show the world that ASEAN can navigate the regional and global dynamics and continue to create the paradigm of collaboration. | Marsudi said ASEAN needs to show its credibility, by consist…
(2023-07-11). China calls for the UN to displace people and financialise the natural world in the name of "biodiversity" expose-news.com China's minister of ecology and environment, speaking at the United Nations, called for a collective effort to implement a global biodiversity framework. A framework which will displace an estimated 300 million indigenous …
(2023-07-11). It's Hard To Engage In China-Bashing Without Tripping On Contradictions. popularresistance.org The contradictions of China-bashing in the United States begin with how often it is flat-out untrue. The Wall Street Journal reports that the "Chinese spy" balloon that President Joe Biden shot down with immense patriotic fanfare in February 2023 did not in fact transmit pictures or anything else to China. White House economists have been trying to excuse persistent U.S. inflation saying it is a global problem and inflation is worse elsewhere in the world. China's inflation rate is 0.7 percent year-on-year. Financial media outlets stress how China's GDP growth rate is lower than it used to be. China now estimates…
(2023-07-11). Brazilian President Asks Central Bank to Lower Interest Rates. telesurenglish.net On Tuesday, Brazilian President Lula da Silva once again urged the Central Bank for a "prompt" interest rate cut, which is currently at 13.75 percent. | RELATED: | He described Central Bank President Roberto Campos Neto as "stubborn and fearful" and criticized him for not lowering interest rates despite the decreasing inflation. | These statements occurred before the Brazilian statistical office released its latest report, revealing that the…
(2023-07-11). Angola announces more investments in Navy. plenglish.com Likewise, it will be necessary to invest in shipyards for the maintenance of the growing number of ships and the formation of the embryonic nuclei of a future national naval industry, he said. | In his capacity as president and commander-in-chief of the Angolan Armed Forces, Lourenàßo reopened the Soyo Naval Base, in the northern province of Zaire, after important civil and technological investments. | During the years of the civil war (1975-2002), a good part of the military expenditures were dedicated to the army and the air force, recalled the head of State, who also praised the combative trajectory of…
(2023-07-11). Angola announces more investments in Navy (+Photos). plenglish.com 
Likewise, it will be necessary to invest in shipyards for the maintenance of the growing number of ships and the formation of the embryonic nuclei of a future national naval industry, he said. | In his capacity as president and commander-in-chief of the Angolan Armed Forces, Lourenàßo reopened the Soyo Naval Base, in the northern province of Zaire, after important civil and technological investments. | During the years of the civil war (1975-2002), a good part of the military expenditures were dedicated to the army and the air force, recalled the head of State, who also praised the combative trajectory of…
(2023-07-11). Lithuania: NATO Summit Opens Amid Protests and Criticisms. telesurenglish.net On Tuesday, leaders of the North Atlantic Treaty Organization (NATO) gathered in Vilnius for a two-day summit that seeks to address "the most pressing challenges" facing the alliance amid protests and growing criticisms. | RELATED: | Strengthening defense and bridging differences on the Ukraine conflict are on top of the summit's agenda. The alliance aims to adopt three regional defense plans backed by 300,000 troops on high readiness. | NATO also wants its member states to agree on "a more ambitious" defense investment pledge to spend a min…
(2023-07-10). Soros-Funded 'Color Of Change' Hit With Allegations Over Use of Money, Misconduct. moguldom.com Color of Change, which describes itself as the largest online U.S. racial justice organization, has faced high staff turnover, layoffs, and allegations of misconduct by senior leaders that were downplayed or ignored, some former and current employees say. The nonprofit Color of Change helped the push to end New York City's racially biased "stop-and-frisk" policy, …
(2023-07-10). Deadly hazards of capitalist profit system. mronline.org 
The beginning of July saw the hottest days on record globally.
(2023-07-11). Saturday 7/15: Banking Busts and Bailouts – A Marxist Look at Why and What Next. indybay.org New Valencia Hall, 747 Polk St., | San Francisco (near Ellis St.) | 7 blocks from Civic Center BART, on/near Muni #5, 19, 27, 31, 38, 49 | Wheelchair accessible | To participate via Zoom, please register:…
(2023-07-11). Capitalism is the Tumor, Solidarity Is Our Medicine. itsgoingdown.org Reflections from Peter Gelderloos on his ongoing crowdfunding campaign and its implications for health-care, capitalism, and solidarity. Support his GoFundMe campaign here. At the end of April I had a seizure and after some scans they found a brain tumor. At the end of June I had an operation in which they took out half…
(2023-07-11). Ecosocialism 2023 strengthens the fight for a world beyond capitalism. greenleft.org.au 
(2023-07-11). The Rise and Rise of the Cult of the Ego. indybay.org All types of people are convinced to buy something to ward off feelings of inner emptiness. A mix of clickbait hyper-capitalism will hoodwink an entire generation.
(2023-07-11). üéß MOVIES VS. CAPITALISM: Dude, Where's My Car? (w/ Devon Young). levernews.com 
(2023-07-11). Here's How Organizing to Abolish the Prison Industrial Complex Works in Practice. truthout.org As more activists embrace abolition of the prison industrial complex, here's what this work demands of us in practice. In the early 2000s, I sat in an organizing meeting discussing how to prevent a new prison from being built. After listening to several people talk about ways our coalition could encourage the prison to be sited somewhere else or on a smaller footprint, I wondered aloud if we… |
(2023-07-11). Barbecue craze cools, but Zibo wins fans. ecns.cn The Zibo barbecue craze that has made headlines for several months is finally subsiding, said industrial insiders.
(2023-07-11). Greenwashing ExxonMobil's Oil Boom in Guyana. fpif.org The Biden administration is helping a consortium of oil companies led by ExxonMobil take advantage of an ongoing oil boom in Guyana by claiming that related deals will be beneficial to the environment. | Administration officials point to two such deals in particular: an oil company's purchase of carbon credits to safeguard Guyana's forests and a project underway to provide Guyana with electricity from offshore natural gas. These deals related to the oil boom, they argue, are enabling the country to protect its environment, even as oil companies continue pumping more and more oil from their offshore oil rigs. | "G…
(2023-07-10). Today Solidarity Aid to Cuba is Not Just a Symbolic Act to Challenge the Blockade. libya360.wordpress.com Bill Hackwell Medical aid for Cuba arrives in Miami. photos: Bill Hackwell I was part of a team of Cuban solidarity activists who just delivered several tons of medical aid here that was purchased and collected by IFCO Pastors for Peace. The duffel bags with needed pharmaceuticals will be taken to the island with their…
(2023-07-11). Janet Yellen, playing the "good cop" routine in China? indybay.org Treasury Secretary Janet Yellen is in Beijing this week meeting with Chinese officials. But Western corporate media is trying to spin her role as a "good cop" for the NeoLiberal policy of coercing China to follow the USA-made "rules-based" international order.
(2023-07-11). Canada Must Take Action Following Israel's Assault on Jenin. socialistproject.ca 
(2023-07-11). Wang Yi to attend series of meetings in Indonesia. ecns.cn Wang Yi, director of the Office of the Communist Party of China Central Commission for Foreign Affairs, will attend a series of foreign ministers' meetings to be held in Jakarta, Indonesia, from Thursday to Friday.
(2023-07-11). Chile: Having a Good Constitution Doesn't Guarantee Social Change. libya360.wordpress.com Taroa Zúñiga Silva Graffiti in Chile, attributed to the Communist Youth, reads "For an free education #Iwantanewconstitution" (Photo via Marcelo Bernal on Twitter) Taroa Zúñiga Silva speaks to Bárbara Navarrete, secretary-general of the Communist Youth of Chile. "We are a generation totally interested in taking power," says Bárbara Navarrete, the new secretary-general of the Communist Youth of…
(2023-07-11). A dark day for peace: Communists slam Sweden's likely accession to NATO. peoplesdispatch.org As Turkey agreed to lift its veto on Sweden's accession to NATO, communists in these countries condemned the expanding footprint of the military alliance and the accompanying militarization…
(2023-07-11). Public Order Act: latest anti-worker legislation to outlaw protests and strikes. thecommunists.org The Public Order Act (POA) 2023 is another extreme limitation of, and general attack on, the civil liberties of protesters who want to stay within the legally acceptable rules while expressing their displeasure over any aspect of government policy, or who are trying to fight against a bellicose hostile employer. The truth that has not …
(2023-07-10). Silence of the Lambs: How the Russian Communists Have Responded to the Wagner Mutiny and Prigozhin's Empire. mronline.org 
The calls have begun in Mosco, for keeping intact Yevgeny Prigozhin's conglomerate of military budget contractors. The reason argued is that they have established themselves so strategically in the logistics of the military services that they cannot be purged without doing greater damage than Prigozhin himself has caused. In short, a Russian oligarch who knows too much, with too many mouths to feed, too many pockets to fill, and so too big to fail.