2024-12-05: News Headlines


aljazeera (2024-12-05). South Korea's economy rattled by martial law decree. aljazeera.com South Korean president's bid to erase 'Korea discount' sputters after martial law declaration unnerves markets.

aljazeera (2024-12-05). Bitcoin tops $100,000 after Trump picks crypto-friendly SEC chair. aljazeera.com Cryptocurrency surges to new high after Paul Atkins is nominated to head the Securities and Exchange Commission.

ecns.cn (2024-12-05). Sino-U.S. trade ties in focus at Chicago gala. ecns.cn A business event in Chicago has brought together prominent current and former officials from the United States and China to discuss opportunities for deeper bilateral cooperation.

Imran Khalid (2024-12-05). Trump Takes Aim at BRICS (and the Global Economy). fpif.org Donald Trump, a man who never shied from bold declarations, has once again turned the global stage into a theater of economic brinkmanship. His target: the BRICS coalition, a bloc of emerging powers that includes China, Brazil, India, Russia, and South Africa (and now Iran, the UAE, Ethiopia, and Egypt as well). With more than 30 countries showing interest, BRICS is steadily challenging the traditional economic order. | Trump, in his signature style, announced on Truth Social that BRICS nations could face 100 percent tariffs should they dare to establish a unified currency or undermine the U.S. dollar. "The idea…

Independent Media Institute (2024-12-05). Niger Resists in the Crosshairs of Sanctions and Climate Catastrophe. pressenza.com In the aftermath of the devastation left behind in the wake of unprecedented floods, Nigeriens are rebuilding their livelihoods and economy with the help of several relief measures instituted by the government to drastically cut prices of essential commodities and services. | By Pavan Kulkarni | The Sahel-wide flooding between June and October of 2024 has exacted a particularly high toll on the people of Niger, destroying crops, cattle, houses, and infrastructure in one of the world's poorest countries. The country's economy had already been strangled by seven-month-long sanctions. | By late September, at least 3…

Mark Lesseraux (2024-12-05). This Is Why Blinken, Sullivan, Biden and Their Advisors Are Attempting To Instigate a World War Before January 20, 2025. pressenza.com Two New Major Realizations: | By late 2023, it had become clear to countries all over the world that: | Nearly 10 rounds of US/NATO economic sanctions against Russia had no effect. in fact, the sanctions had the opposite effect of the one that was intended. Instead of collapsing, Russia's economy jumped from number 6 in the world to number 4, surpassing Germany and Japan by the beginning of 2024.(1) | It became clear after a year and a half of battle, that Ukraine had no chance of winning the proxy war of attrition against Russia.(2) | The World Received Its Cue and the World Bolted (Away From the US)…

Judith Deutsch (2024-12-05). Trump and the Holding Environment. counterpunch.org There are certainly a number of highly political and socioeconomic insights about the Trump catastrophe, and here I offer some psychoanalytic ideas about Trump and his hold on some of the public. The psychological term "holding environment" refers to the provision of safety and security provided in earliest life. It is often depicted as holding with loving hands

Nicholas Mwangi (2024-12-05). High stakes but low expectations ahead of Ghana's general election. peoplesdispatch.org As Ghana approaches the December 7, 2024, general elections, a mix of apathy, cautious optimism, and frustration is palpable. Voters will elect a new president, over 270 parliamentary representatives, and chart the course for a nation grappling with serious economic challenges. Nearly two million young people lack access to education, employment, or training, underscoring the depth of the crisis. | Despite being one of Africa's leading gold and cocoa producers, Ghana is contending with economic instability that has eroded public trust in its institutions. In 2022, the government sought a financial bailout from th…

Abdul Rahman (2024-12-05). China and Nepal sign agreement to advance Belt and Road Initiative. peoplesdispatch.org Nepal and China signed a framework agreement for the Belt and Road Initiative on Wednesday, December 4, advancing the level of their economic cooperation and strengthening ties between the two nations. | Both the countries signed the agreement on the third day of Nepal's Prime Minister K P Sharma Oli's four day visit to China. During his visit, Oli met with Chinese president Xi Jinping, Chinese premier Li Qiang, and visited Peking University. | Nepal had originally signed the BRI in 2017. However, most of the projects conceptualized under the ambitious scheme were not operationalized in the country. Both the Chin…

Abayomi Azikiwe (2024-12-05). Berlin Conference 140 Years Later. globalresearch.ca From November 15, 1884, until February 26, 1885, the Berlin West Africa Conference was held in Germany where numerous European states convened to carve up the continent based upon their own economic interests. | Commonly known as the Berlin Conference, the …

Michael Roberts (2024-12-05). Ireland election: its economic model under threat? cadtm.org

ecns.cn (2024-12-05). Trump tariffs seen to stunt Europe's growth. ecns.cn The proposed tariffs by the United States President-elect Donald Trump will hit Europe by weakening economic growth and result in a lose-lose situation for both sides of the Atlantic, European officials and experts have said.

ecns.cn (2024-12-05). China to open its door wider to world. ecns.cn Foreign Minister Wang Yi said the Hainan FTP has become a new frontier of China's institutional openingup, a new hotbed of mutual beneficial regional cooperation, and a new engine driving economic globalization.

Alexandra Jacobo (2024-12-05). The Oligarchic Dozen: Top 12 US billionaires amass $2 trillion in wealth. nationofchange.org The wealth of America's richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

tvbrics (2024-12-05). Experts to discuss the concept of people's saving at the international forum "SO.ZNANIE" tvbrics.com Ensuring sustainable economic and social well-being of citizens will be the key topic of discussion…

Ayurella Horn-Muller (2024-12-05). Don't blame Biden for inflation. Blame the climate. grist.org Angela Bishop has been struggling with what she describes as "the cost of everything lately." Groceries are one stressor, although she gets some reprieve from the free school lunches her four kids receive. Still, a few years of the stubbornly high cost of gas, utilities, and clothing have been pain points. | "We've just seen the prices before our eyes just skyrocket," said Bishop, who is 39. She moved her family to Richmond, Virginia from California a few years ago to stop "living paycheck to paycheck," but things have been so difficult lately she's worried it won't be long before they are once again barely ge…

The Independent (2024-12-05). Ugandan companies asked to join exploration for oil. independent.co.ug Kampala, Uganda | THE INDEPENDENT | The cumulative investments in the oil and gas sector stood at over 7.5 billion dollars by the end on 2023 says the Petroleum Authority of Uganda. Peninah Aheebwa , the Director Economic and National Content Monitoring at the Petroleum Authority Uganda (PAU) reveals that as 2024 comes to the end, …

ICRC (2024-12-05). Amid a worsening crisis, conflict-affected communities in North Kivu are facing growing economic distress. icrc.org

WSWS (2024-12-05). UK Labour government deports thousands of migrants, raids ports and workplaces and arrests hundreds of alleged "people smugglers" wsws.org The Labour government is intensifying its brutal assault on migrants and asylum seekers with deportation flights, workplace raids, increased surveillance and more legislation.

Editor (2024-12-05). An interview with David Hemson — lessons from the South African liberation struggle. mronline.org ROAPE's Peter Dwyer interviews the South African socialist David Hemson. Hemson was a leading labour militant and trade unionist during the mass working class uprising and strikes in Durban in 1973. In this introduction to the videoed interviews, Peter Dwyer discusses working class politics and the struggle against apartheid in South Africa, a history often forgotten or marginalised in popular accounts.

Human Rights Watch (2024-12-05). Ukraine: Flawed Legislation on Collaboration. hrw.org Click to expand Image | A statue of Themis, the Greek goddess of justice, near Kyiv's Court of Appeal. | © 2024 Human Rights Watch | Some provisions of Ukraine's anti-collaboration legislation make it possible to criminally prosecute Ukrainian civilians for legitimate activities essential to civilian life in occupied areas.These provisions have led to unjust prosecution of many Ukrainian civilians.Ukrainian authorities should revise the legislation, in close consultation with civil society, to ensure compliance with international humanitarian and human rights law. The European Union should include it amon…

Workers World Party (2024-12-05). Support Koreans against Yoon! workers.org Nudutdol demonstrates at South Korean Consulate, New York City, Dec. 4, 2024. The labor unions and mass organizations of the people of South Korea deserve the support of everyone who wants to struggle against war and dictatorship. They are fighting at this time — Dec. 4, 2024 — to rid . . . |

WSWS (2024-12-05). Australia: Health Services Union forces through Labor government wage-slashing deal. wsws.org After workers resoundingly rejected Labor's original offer, the HSU blocked any industrial action for more than two months, before pushing through a virtually unchanged deal.

Maxime Duriez (2024-12-05). Report Launch: how the International Criminal Court and civil society can enhance collaboration for a stronger Court. fidh.org

ecns.cn (2024-12-05). China, Philippines jointly repatriate 200 Chinese nationals involved in offshore gambling. ecns.cn Chinese and Philippine law enforcement agencies once again collaborated to repatriate nearly 200 Chinese nationals involved in offshore gambling in the Philippines on Thursday, according to the Chinese Embassy in the Philippines.

tvbrics (2024-12-05). Iran and Saudi Arabia to form joint working group on agriculture and environmental collaboration. tvbrics.com This initiative signals a renewed focus on fostering sustainable solutions through regional partnerships…

newsnetwork.mayoclinic (2024-12-05). Mayo researchers develop AI-enhanced strategy to personalize medication alerts. newsnetwork.mayoclinic.org Jean Marrero-Polanco (left ) and Caroline Grant (right) collaborate on concepts for their study. Courtesy of Marrero-Polanco and Grant. Electronic health records are increasingly including technology-aided predictions of how patients may respond to specific medications, known as pharmacogenomic alerts. Two Mayo Clinic Ph.D. candidates are exploring how artificial intelligence (AI) can be used to make these alerts more actionable and less intrusive for clinicians, who can suffer from alert overload. In a new study, Ph.D….

Pablo Rafael Fuentes (2024-12-05). Anuncia Unesco inscripción del casabe en Lista patrimonial. radiohc.cu La Habana, 5 dic (RHC) La directora de la Oficina Regional de la Unesco en esta capital, Anne Lemaistre, anunció que los conocimientos y prácticas tradicionales para la elaboración y consumo del casabe fueron inscritos en la Lista Representativa de Patrimonio Inmaterial.

newarab (2024-12-05). Norway wealth fund divests from Israel's Bezeq over settlements. newarab.com The decision to divest comes after the fund's ethics watchdog, the Council on Ethics, adopted a new, tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palesti…

Peter Certo (2024-12-05). In OtherWords: December 5, 2024. otherwords.org For most of us, this is the season of giving. But if you're in a certain, extraordinarily slim segment of the wealthiest Americans, it's also the season of taking — taking tax deductions. | As Chuck Collins and Bella DeVaan share this week, America's billionaires are exploiting our charitable giving laws to claim big tax breaks, which are subsidized by the rest of us. And their wealth managers are keeping that money parked in interest-generating funds, collecting management fees — and keeping that "charitable" money out of the hands of real charities. This week in OtherWords, Chuck and Bella explain h…

Josiah Mortimer, Adam Bienkov (2024-12-05). Elon Musk's $100m Threat to Bankroll Nigel Farage and Reform Exposes the Gaping Loopholes Endangering UK Democracy. bylinetimes.com Reports that billionaire X/Twitter owner Elon Musk is considering donating nearly £80 million ($100m) to Nigel Farage's Reform UK party have sounded alarm bells about the state of Britain's loophole-ridden election laws. | Anti-corruption experts warn that outdated regulations leave the door open for hugely wealthy foreign donors to interfere in UK elections. | The sheer scale of Musk's mooted donation should not be underestimated, given it is close to the total amount donated by all other political donors put together in the UK last year. | However, as things stand there is little to prevent it happeni…

APR editor (2024-12-05). Northern Marianas leaders meet Taiwan President Lai Ching-te in Guam. asiapacificreport.nz By Mark Rabago, RNZ Pacific Commonwealth of the Northern Marianas correspondent Northern Marianas Governor Arnold Palacios and Senator Celina Babauta have travelled to Guam to attend a luncheon with Taiwan President Lai Ching-te. Taiwan is officially known as the Republic of China (Taiwan). China claims Taiwan as its own territory, with no right to state-to-state…

Alexis Sterling (2024-12-05). Watchdogs say Elon Musk has 'declared war on Social Security'. nationofchange.org Critics warn Musk's endorsement of anti-Social Security rhetoric and his advisory role could pave the way for privatization, threatening millions of Americans' financial security.

newarab (2024-12-05). Britain, Qatar to sign agreement on financial services. newarab.com A delegation from Qatar will be hosted by

Urban CNY News (2024-12-05). CONSUMER ALERT: Attorney General James Provides Tips for New Yorkers to Protect Themselves from Package Theft. urbancny.com New York — New York Attorney General Letitia James today issued a consumer alert warning New Yorkers about the rise of package theft and providing tips to protect consumers from porch pirates, or those who steal packages from people's homes. Package theft increases during the holiday season, and Attorney General James encourages all New Yorkers to take steps to protect their deliveries and report instances of theft to local law enforcement. "Package and mail theft can be heartbreaking and put New Yorkers' personal and financial information at risk," said Attorney General James. "As package theft spikes duri…

Nora Barrows-Friedman (2024-12-05). Israel attacks north Gaza hospital for fifth time. electronicintifada.net Physician, chef caring for patients at Kamal Adwan hospital both killed in Israeli strikes.

newarab (2024-12-05). New UN aid head to prioritise spending amid urgent calls for aid. newarab.com The new head of the Tom Fletcher, a longtime British diplomat who took up the UN post last month, said his agency is asking for less money in 2025 than this year. | He said it wants to show "we will focus and target the resources we have," even as crises grow more numerous, intense and long-lasting. | His agency, the UN Office…

Basit Mahmood (2024-12-05). Richard Tice condemned for defending Reform MP who kicked girlfriend. leftfootforward.org Reform UK Deputy Leader Richard Tice has been condemned after he appeared to question court records that detailed how another Reform MP assaulted a former partner. | James McMurdock was jailed 18 years ago for repeatedly kicking his then girlfriend. The shocking revelations were made by the Times newspaper. | McMurdock, who was previously an investment banker, joined Reform this year and agreed to be a paper candidate for the party in South Basildon and East Thurrock, a seat he ended up winning after defeating Tory candidate Stephen Metcalfe by just 98 votes. He had not publicly disclosed the conviction before…

tvbrics (2024-12-05). African countries set to promote investment and cooperation in energy sector. tvbrics.com The African Energy Week (AEW) was held in Cape Town…

The Independent (2024-12-05). TVET Bill merges assessment bodies. independent.co.ug Kampala, Uganda | THE INDEPENDENT | Parliament has approved a sweeping overhaul of the Technical and Vocational Education and Training (TVET) sector by passing the much-anticipated TVET Bill. The legislation, which now awaits presidential assent, promises to streamline the coordination, regulation, and promotion of TVET in the country. The bill passed on Tuesday after a heated …

UMMID (2024-12-05). Bitcoin crosses historic milestone of $100,000. ummid.com Bitcoin — the most popular cryptocurrency, Thursday December 05, 2024 crossed the $100,000 value mark, marking a massive recovery from this year's low of $38,505.

Independent Jewish Voices (2024-12-05). IJV Condemns Police Repression Against Palestine Solidarity Movement. socialistproject.ca Across Canada and internationally, we are seeing a marked rise in violent repression of the Palestine solidarity movement. Independent Jewish Voices condemns the mounting criminalization of Palestine solidarity activism, and the use of excessive force by police to intimidate and harass activists. | On October 15, 2024, the Canadian government listed the group Samidoun, also known as the Palestinian Prisoner Solidarity Network, as a "terrorist entity" under the Criminal Code, in response to months of pressure by pro-Israel lobby groups, a few Liberal MPs and the opposition Conservatives. On November 14, 2024, a…

Inemesit Richardson, People's Dispatch. (2024-12-05). Delegation From Alliance Of Sahel States Visits Cuba. popularresistance.org From November 8 to 15, twelve people from the countries of the Sahel visited Cuba to meet with Cuban people who carry forward the revolutionary project, and learn about Cuba's socialist model and deep friendship with the peoples of Africa. The delegation sought to learn lessons from Cuba's decades-long revolution to help advance the new revolutions being constructed in the Sahel. | This was the first delegation of Africans traveling to Cuba from the Alliance of Sahel States (AES), a Pan-African anti-imperialist confederation consisting of Mali, Burkina Faso, and Niger.

Kiji Noh, Scheer Post. (2024-12-05). South Korea's Six-Hour Martial Law. popularresistance.org South Korean President Yoon Suk Yeol on Tuesday declared martial law, suspended the South Korean legislature and banned elected representatives from accessing the National Assembly building using massive police presence. | And then six hours later he rescinded the order. | President Yoon had declared in a public address to the Korean people that the move was to protect a "liberal South Korea from the threats posed by North Korea's communist forces and to eliminate anti-state elements."

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