(2024-02-26). Israel to raise $60b in debt, limit jobs, and hike taxes to fund its war. albawaba.com ALBAWABA — Israel is reportedly planning to raise $60 billion in debt, freeze hiring for government jobs as well as implement tax surges in order to support its defenses, according to Financial Times, as the economy suffers deeply amid its war on Gaza strip.Compared to pre-war finances, the Israeli government intends to increase military expenditure by 85%, or 55 billion shekels ($15 billion). The goal of this increase is to boost Israel's defence against changing regional developments.The British newspaper stated that the economic impact occurred following Israel's ban of entry for approximately 150,000 Pa…
(2024-02-26). The Sham "The Economy Is Awful" Story. counterpunch.org The media are pushing the economy is terrible story pretty much 24-7. They refuse to let the strong labor market and rapid real wage growth get in their way. They seem to want everyone to think things are really bad, in spite of a 24-month stretch of below 4.0 percent unemployment and a sharp reduction
(2024-02-26). Chinese firms rush to obtain global orders: experts. ecns.cn Chinese provinces and cities are starting off strong with obtaining overseas orders in the Year of the Dragon by sending teams abroad while actively participating in international exhibitions.
(2024-02-26). Ministry refutes U.S.' false accusations against China's trade policies. ecns.cn China strongly opposes the United States' accusations regarding its trade policies and economic practices and called on the country to abide by the rules of the World Trade Organization and its own commitments, said the Ministry of Commerce on Monday.
(2024-02-26). China willing to work to move forward multiple initiatives and achieve results with WTO. ecns.cn China is willing to work with all parties to achieve more pragmatic results at the 13th Ministerial Conference of the World Trade Organization held in Abu Dhabi, the United Arab Emirates, said the country's top commerce official on Sunday.
(2024-02-26). Reform IMF, WB to Reflect Interests of Global South, BRICS Has Role: Guterres. infobrics.org The international financial and development institutions should be reformed to reflect the interests of the Global South, Secretary-General Antonio Guterres has said.While the BRICS can play an important and complementary role for developing nations, he stressed that it should not contribute to a fragmentation of the world economy…
(2024-02-26). Budget 2024 geared at growth and driving developmental goals. sanews.gov.za Budget 2024 geared at growth and driving developmental goals | President Cyril Ramaphosa says the National Budget presented by Finance Minister Enoch Godongwana last week shows that the country is "heading in the right direction". | The President was addressing the nation through his weekly newsletter. | "[The] Minister of Finance presented a National Budget that will help us to achieve more rapid and inclusive economic growth while supporting our developmental goals. | "Over the last five years, we have taken several actions to get our economy back on track. We have implemented far-reaching reforms in the energy…
(2024-02-26). The ABC continues to falsely trash Labor's economic credentials. independentaustralia.net
(2024-02-26). Before a lack of dollars, Bolivia demonstrates its resilience. plenglish.com La Paz, Feb 26 (Prensa Latina) The satisfaction of the Bolivian business sector with a group of measures from the national government to promote the entry of foreign currency into the country, confirmed this week the resilience of the government's Social Community Economic Model (MESC).
(2024-02-26). IMF upgrades Iran's 2023 growth rate to 5.4% citing oil output surge. presstv.ir The International Monetary Fund revises up Iran's economic growth projection for 2023 to 5.4 percent.
(2024-02-26). IMF upgrades Iran's 2023 growth rate to 5.4%, citing oil output surge. presstv.ir The International Monetary Fund revises up Iran's economic growth projection for 2023 to 5.4 percent.
(2024-02-26). Countering Corporate Propaganda. counterpunch.org Streaming television channels these days are increasingly inserting advertising into their paid subscriber content. Thus, I recently found myself sitting through several commercials that struck me as emblematic of how out-of-touch corporate marketers are with the economic struggles of ordinary Americans. A company offering cash advances to low-wage workers makes light of people's financial difficulties.
(2024-02-26). CEDEAO levanta sanciones económicas a Guinea y Mali. telesurtv.net Los líderes del grupo decidieron "levantar las sanciones financieras y económicas" en la cumbre extraordinaria celebrada el pasado sábado en Abuya, capital de Nigeria.
(2024-02-26). BRICS Chamber of Commerce and Industry office opens in UAE. tvbrics.com The country continues to be embedded in the economic infrastructure of the alliance after joining it earlier this year…
(2024-02-26). International Monetary Fund: Iran's economic growth in 2023 reaches 5.4%. tvbrics.com Previously, the forecast was 3 per cent…
(2024-02-24). Juana Bacallao: Cuban Music Legend and Show-Woman Dies. telesurenglish.net The artist and legend of Cuban popular music Amelia Martínez Salazar, known nationally and internationally as Juana Bacallao, died this Saturday in Havana, according to a note from the Minster of Culture of the island. | RELATED: | Juana was unforgettable by her time in the capital cabarets Sans Sousi, Tropicana, Copa Room del Riviera, Parisien del Hotel Nacional de Cuba, Salón Rojo del Capri, Caribe del Hotel Habana Libre, as well as the clubs…
(2024-02-26). BRICS Chamber of Commerce and Industry office opens in UAE. tvbrics.com The country continues to be embedded in the economic infrastructure of the alliance after joining it earlier this year…
(2024-02-26). The World Social Forum: The counterweight to the World Economic Forum. cadtm.org
(2024-02-26). Arab-Turkish growing trade volume surges to $55b. albawaba.com ALBAWABA – The economic ties between Türkiye and the Arab world continue to expand on all fronts, with intra-Arab commerce valued at $55 billion according to Dr. Khaled Hanafi, the secretary-general of the Union of Arab Chambers, with a 10 percent annual increase of exported Turkish goods as reported by Arab News, with growing Arab investments in Türkiye during the last few years.During the Arab and Turkish Chambers' fifth meeting, held in Egypt with several chiefs of trade and business figures from Türkiye and the Arab world attending the event, The president of the Bahrain Chamber of Commerce and…
(2024-02-26). Belarus' ambassador meets with Russia's Omsk Oblast governor. eng.belta.by Dmitry Krutoi told reporters after the meeting that work is underway to arrange a visit of the Omsk Oblast governor to Belarus. "We hope that this visit will give a strong impetus to our relations," he said.
(2024-02-26). Belarus takes part in Gulfood in UAE. eng.belta.by The exposition, supported by the Belinterexpo exhibition company, featured 13 Belarusian food industry enterprises. They showcased a wide range of meat, dairy and fish products, as well as sauces and juices, flour and cereals.
(2024-02-26). Belarus' PM outlines short-term goals for EAEU. eng.belta.by Belarusian Prime Minister Roman Golovchenko outlined the tasks which need to be solved within the Eurasian Economic Union (EAEU) until 2025 as he met with Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev in Minsk on 26 February.
(2024-02-26). EEC Board head comments on parliamentary, local elections in Belarus. eng.belta.by The parliamentary and local elections in Belarus have garnered positive assessment, Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev said during a meeting with Belarusian President Aleksandr Lukashenko in Minsk on 26 February.
(2024-02-26). PM: Belarus has always been a staunch supporter of Eurasian integration. eng.belta.by Belarus has always been a strong supporter of Eurasian integration, Belarusian Prime Minister Roman Golovchenko said as he met with Chairman of the Board of the Eurasian Economic Commission Bakytzhan Sagintayev in Minsk on 26 February.
(2024-02-26). Enhancing Global Economic Progress with the Brics Alliance. infobrics.org Larionova and Shelepov's research, titled "Brics, G20, and global economic governance reform" and published in the International Political Science Review (2021), highlights the influential role of the Brics association, which includes Brazil, Russia, India, China, and South Africa, in reforming global economic governance…
(2024-02-26). (W.E. Talk) Telling the Stories of China's Journey from Poverty to Prosperity Through the Lives of Ordinary People. ecns.cn Malcolm Clarke says, "China is not good at self-defense," which is why it has not been able to shoot down the false accusations coming regularly from the Western world. However, it has pulled 1.4 billion people out of absolute poverty when Western countries have never achieved such large-scale poverty reduction.
(2024-02-26). Why Labor Is Losing Even as It Wins. scheerpost.com
(2024-02-26). Oskar Schindler Would Be In Gaza. dissidentvoice.org Remember Steven Spielberg's blockbuster film Schindler's List? In it Oskar Schindler, an ambitious Czech businessman, has his epiphany in Krakow, Poland during the German occupation. Schindler came to Krakow to make his fortune using Jewish labor at a factory he opened. Schindler worked the system to get unpaid Jewish workers by bribing the German Army …
(2024-02-26). Australian by-election campaign underscores crisis of political establishment. wsws.org A loss for Prime Minister Anthony Albanese in this weekend's Dunkley by-election would reduce Labor's slim parliamentary majority from two seats to just one, raising the spectre of an unstable minority government.
(2024-02-26). Ending The Ivy League's Tax Dodge. levernews.com Within a one-mile radius in Cambridge, Massachusetts, sit Harvard University and the Massachusetts Institute of Technology — academic institutions that together boast $74 billion in endowment funds. Based on the size of these "rainy-day funds" alone, the two universities, with a combined student body of 37,000, have enough wealth to
(2024-02-26). BRICS Nations Hold $45 Trillion in Investable Wealth Report. infobrics.org The number of millionaires in the bloc is expected to see a massive surge over the next decade, according to a newly released report…
(2024-02-26). As Ramadan approaches in Iraq, food and meat prices surge. newarab.com As the holy Muslim month of Ramadan quickly approaches, meats and basic According to official government data, inflation rates in Iraq have risen by 4.5%, with a noticeable increase in price levels officially in the last month of 2023. Many Iraqi traders have exploited…
(2024-02-26). As 2-Month-Old Starves to Death in Gaza, Mosab Abu Toha Says His Own Family Is Eating Animal Feed. democracynow.org A famine is unfolding in Gaza, where hundreds of thousands of displaced Palestinians have resorted to consuming animal feed amid soaring prices and dwindling supplies of food. The United Nations has already begun reporting deaths from starvation and malnutrition, while aid agencies have been forced to pause deliveries. "Israel is not allowing food into the northern part of Gaza so people would regret not having left," says Palestinian writer Mosab Abu Toha, who fled Gaza for Cairo in November and has been attempting since then to secure safe passage for his extended family members, including his siste…
(2024-02-26). Best College Student Credit Cards of 2024. albawaba.com Handling finances responsibly for college students is an important step in having a strong financial groundwork. Selecting the best credit card can serve as a tool on this path providing convenience, security, and opportunities to establish credit history. This article will guide you into the best college student credit cards of 2024. There cards are designed for college students and will showcase some choices that empower students to make informed decisions and work towards financial independence. | Financial Freedom: The Best College Student Credit Cards for College Students Who Want to Manage Money:…
(2024-02-26). North West NPOs to receive financial support to fight GBV. sanews.gov.za North West NPOs to receive financial support to fight GBV | The North West province is forging ahead with its plans to fight recurring incidents of gender-based violence and femicide (GBVF) by funding 20 non-profit organisations to provide a variety of services to victims. | Acting Premier Nono Maloyi made this announcement during his State of the Province Address (SOPA) recently. | "In his address, Acting Premier Maloyi said the province is saddened by a growing number of gender-based violence (GBV) incidents, which largely affects women, girl children, the elderly and people with disabilities," a provincial s…
(2024-02-26). 3,000 academic workers at Toronto's York University set to begin strike action Monday. wsws.org Teaching assistants, graduate assistants, researchers and contract faculty are set to walk off the job Monday at Toronto's York University. They are demanding wage increases to keep pace with inflation and make up for years of concessions, and job security to put an end to precarious employment.
(2024-02-26). Learn How to Invest in AI Stocks in 2024. albawaba.com The world of Artificial Intelligence (AI) has emerged a lot across industries. It had reshaped business operations and presented lucrative investment opportunities for investors. Investing in AI stocks can offer returns as this groundbreaking technology continues to make strides. In this article, we will discuss the basics and learn how to invest in AI stocks. | The Future is Here: Learn How to Invest in AI Stocks: | AI encompasses an array of technologies such as machine learning, natural language processing, robotics, and autonomous vehicles among others. Companies involved in the development and implem…
(2024-02-26). Egypt's Black Market grapples with sharp Dollar drop. albawaba.com According to 'Lovin Cairo' newspaper, The value of the US dollar in Egypt's informal currency market has dropped to 49 Egyptian pounds following the announcement of a major deal. Trading of the dollar ceased shortly after the Cabinet's declaration of $35 billion in new investments as part of the "Head of the Wise" project, leading to significant market confusion over the actual worth of the American currency.'Lovin Cairo' reveal that the dollar in the black market has dipped below the 50-pound mark, settling at 49 pounds. All trading activities have come to a standstill until the final dollar price is determined,…
(2024-02-26). The vaccine industry is a fraud; for 225 years vaccines have been making people unhealthier. expose-news.com The vaccine industry intentionally deceives us about the risks and benefits of vaccines to make a profit, with complete disregard for human suffering and the destruction of public health over time. One …
(2024-02-26). 14 Characteristics of primitive fascism according to Umberto Eco. pressenza.com How can you recognize a fascist system? Nowadays, many dictatorial regimes and political parties are labeled as fascists."Fascism has become an "all-purpose term" because you can eliminate characteristics from fascist regimes and they will still be recognizable as fascist," wrote Umberto Eco in 1995. "Take away imperialism from fascism and you still have Franco and Salazar. Take away colonialism and you still have the Balkan fascism of the Ustasha. Add to Italian fascism a radical anti-capitalism (which never fascinated Mussolini) and you have Ezra Pound. Add a cult of Celtic mythology and Grail mysticism (comple…
(2024-02-26). Farmers' protest in India reignites. mronline.org In 2021, after a year-long protest, India's farmers brought about the repeal of three farm laws that were intended to 'liberalize' the agriculture sector. Now, in 2024, farmers are again protesting. The underlying issues and the facilitation of the neoliberal corporatization of farming that sparked the previous protest remain and have not been resolved.
(2024-02-26). Modi's India is more unequal than ever. cadtm.org
(2024-02-26). IYSSE holds first meeting at Otago University in New Zealand. wsws.org The meeting in Dunedin last Thursday was held to establish the International Youth and Students for Social Equality as a student club at Otago, and to discuss the socialist strategy to fight against war and the genocide in Gaza.
(2024-02-26). Palestine, South Africa activists to address Ecosocialism 2024. greenleft.org.au
(2024-02-26). Palestine Under Siege film encourages action to stop Gaza genocide. greenleft.org.au The powerful new documentary Palestine Under Siege was screened across the country at sessions organised by Green Left, Socialist Alliance and Dare to Struggle Film Festival.
(2024-02-26). Philippines: DSWD DROMIC Report #1 on the Armed Conflict in Brgy. Campagao, Bilar, Bohol as of 24 February 2024, 6PM. reliefweb.int Country: Philippines | Source: Government of the Philippines | Please refer to the attached file. | I. Situation Overview | On 23 February 2024 at around 8: 30 AM, an armed conflict transpired in Brgy. Campagao, Bilar, Bohol between the troops of the Armed Forces of the Philippines (AFP) and alleged members of the Communist Terrorists Group (CTG) that resulted in the displacement of families and persons in the area. | Source: DSWD Field Office (FO) VII | II. Status of Affected Areas and Population | A total of 250 families or 770 persons are affected in Brgy. Campagao, Bilar, Bohol (see Annex A).