(2022-02-09). European banks panicking over Russia-Ukraine crisis — reports. rt.com Banks in Italy, France, and Austria are most exposed | European banks are concerned that the payment system which connects them to Russia could become a casualty of the Ukraine crisis, Reuters reported on Wednesday, citing its sources. The banks describe the potential disconnection of Russia from SWIFT as an "atomic bomb" for the industry because it would prevent the repayment of debts, it said. | According to research by JPMorgan, European banks with subsidiaries in Russia are most at risk from economic restrictions. The study said a handful of lenders, including UniCredit, RBI, France's Societe Generale, and…
(2022-02-09). President Maduro Condemns Indolence of Some Officials Toward Workers. orinocotribune.com With a tenacious call to end the indolence of some state institutions and private entities, President Nicolás Maduro asked for the support of Venezuela's working class through the functions carried out by the Productive Councils of Workers (CPT). | The statements were issued this Monday, February 7, during a meeting with workers of state-owned PDVSA subsidiary Pequiven. At the same time, President Maduro noted that Venezuela currently has sufficient funds to finance small and medium industries, including through the bank's credit portfolio. | "The assets are there, what is not there is a connection with the grass…
(2022-02-09). Kiev's attempts to manipulate information not conductive to peace — Donetsk. tass.com A significant portion of the 178th session of the working group on security issues was wasted on countering the Ukrainian side's manipulative rhetoric, said Alexey Nikonorov, a negotiator for the self-proclaimed DPR in the security subgroup of the Contact Group…
(2022-02-09). Oakland, California, school closures and budget cuts are an attack on the entire working class! wsws.org Attempts to present school closures in racial terms obscures their underlying cause and divides a unified struggle of the working class against capitalist budget cuts.
(2022-02-09). ww3 : a wall street crime against humanity. indybay.org wall street working both sides against eac other for double war profits…
(2022-02-09). Australia: New South Wales nurses vote for statewide strike. wsws.org The union is doing everything to isolate and divide up action which expresses immense anger among not only nurses and other health staff, but broad sections of the working class.
(2022-02-09). China Red Cross donates flour to hungry Afghanistan. ecns.cn The Red Cross Society of China recently donated 130 metric tons of flour to its Afghan counterpart to help the country through its severe food crisis.
(2022-02-08). How Targeting Programs To Poor People Leaves Out Poor People. popularresistance.org Less than one year ago, the United States government enacted one of the most effective anti-poverty programs in modern history. The Child Tax Credit (CTC), originally established in 1997, was expanded through the American Rescue Plan to provide families with children substantially larger payments, delivered monthly, while making low-income families eligible for the full benefits. This expansion changed the face of child poverty in the United States, lifting over 4 million children above the poverty line—a decrease in poverty of more than 40%‚Äâ—‚Äâand decreasing food…
(2022-02-08). How US Meddling Split Sudan, Creating an Oil Republic Drowning in Poverty and Conflict. orinocotribune.com By T.J. Coles — Feb 1, 2022 | Following decades of US soft power aid interventions to exploit South Sudan's energy reserves and counter China's influence, the republic is trapped in humanitarian crisis. | Like most countries, the Republic of South Sudan is a complex nation of shifting alliances and external influences. | Recently, President Salva Kiir, who sports a Stetson hat
(2022-02-08). UK rail cleaners strike against poverty pay. wsws.org During the pandemic, rail cleaners have braved hazardous conditions to protect the public from infection. But outsourced cleaners have been paid a pittance and were even denied sick pay.
(2022-02-08). New Gates Foundation a US Regime Change Front. libya360.wordpress.com ALEXANDER RUBINSTEIN Zimbabwean telecom billionaire Strive Masiyiwa (right) with Melinda French Gates Listed as a US asset while spearheading Zimbabwean regime change plans, billionaire Strive Masiyiwa joins a cast of technocratic zealots on Gates' new board of trustees. In a shake-up of an institution named for one of the world's wealthiest and most influential oligarchs,…
(2022-02-08). US Government National Debt Now $30 Trillion: 3 Things About Impaired US Ability To Print Its Way Out Of Debt. moguldom.com Modern monetary theory or MMT is a popular theory that gives an apparent blank check to the government for printing money, which made it appealing to both the Donald Trump and Joe Biden administrations, as evidenced by the gross national debt exceeding $30 trillion for the first time on Feb. 1, 2022. The debt skyrocketed …
(2022-02-08). Talk World Radio: Braxton Brewington: End Debt. davidswanson.org AUDIO: Talk World Radio is recorded as audio and video on Riverside.fm. Here is this week's video and all the videos on Youtube. VIDEO: This week on Talk World Radio we're talking about debt, including student debt. Our guest Braxton Brewington is a spokesperson and organizer for The Debt Collective. See debtcollective.org The Debt Collective …
(2022-02-08). Construction union leaders hail Biden's pro-union executive order. peoplesworld.org
(2022-02-08). Turkish health workers strike as COVID-19 pandemic, living costs surge. wsws.org As COVID-19 cases explode and real annual inflation exceeds 110 percent in Turkey, many layers of the working class are increasingly taking strike action.
(2022-02-08). The far-right occupation of Ottawa: January 6 conspiracy hits Canada. wsws.org Absent the political intervention of the working class, all possible outcomes to the current standoff in Ottawa will only produce a further lurch to the right, imperiling the most fundamental democratic and social rights of the working class.
(2022-02-08). The far-right occupation of Ottawa: January 6 goes global. wsws.org Absent the political intervention of the working class, all possible outcomes to the current standoff in Ottawa will only produce a further lurch to the right, imperiling the most fundamental democratic and social rights of the working class.
(2022-02-08). Olympic Games & U.S. propaganda: Have you been lied to about Xinjiang, human rights ‚àí and China? iacenter.org February 7, 2022 Feb. 6 update — The U.S. war propaganda machine is working overtime during the Olympics to defame China with false accusations of "human rights abuse" against the Turkic-speaking Muslim Uyghurs, based in its Xinjiang Province. As readers evaluate these claims, keep in mind these facts: 1) There is a centuries-long history of racist U.S. crimes — through state force and economic exploitation — against Indigenous, Black, Latinx and Asian and other oppressed peoples, on land now occupied by the U.S. These crimes, which continue to this day, are integral to U.S. tactics of military…
(2022-02-08). Political and humanitarian subgroups of Contact Group for Donbass start work. tass.com Meetings of working groups on security and economic issues are also scheduled for Tuesday, and the Contact Group is due to hold a meeting on Wednesday…
(2022-02-08). NFL to host vaccination clinic at Super Bowl. america.cgtn.com This year, the NFL is working with the local department to host a COVID-19 vaccination clinic for fans. And they're also offering free tickets to the Super Bowl experience for anyone who receives any dose of the vaccine at the on-site clinic. Find out more.
(2022-02-08). BNSF railroad unions pen letter begging Biden administration to intervene against punitive new attendance policy. wsws.org The letter is an attempt to divert attention from the unions' own treachery and promote illusions in the same capitalist state, which is robbing BNSF workers of their right to strike and to free speech.
(2022-02-08). Hunger-Striking Teachers Say Oakland Plan to Close Schools Will Hurt Black & Brown Communities. democracynow.org We go to Oakland, where a group of teachers are on a hunger strike to protest a plan to close and merge over a dozen schools due to under-enrollment. This comes ahead of a critical school board vote Tuesday that will decide whether to proceed with the plan. Activists argue the move threatens to divert resources to charter schools and displace hundreds of Black and Brown children from their neighborhood schools. The hunger strike across multiple different schools has empowered many to speak up against longtime systemic racism, says Moses Omolade, one of the striking workers and a community schools manager at Westl…
(2022-02-08). Hunger-Striking Teachers Say School Closures Will Hurt Black and Brown Kids. truthout.org Image Credit: Instagram: @westlakewarrioreagles | We go to Oakland, where a group of teachers are on a hunger strike to protest a plan to close and merge over a dozen schools due to under-enrollment. This comes ahead of a critical school board vote Tuesday that will decide whether to proceed with the plan. Activists argue the move threatens to divert resources to charter schools and displace hundreds of Black and Brown children from their neighborhood schools. The hunger strike across multiple di…
(2022-02-08). U.S.-EU hide their role in Afghan hunger crisis. iacenter.org By Zach Kerner February 7, 2022 On Jan. 24, U.S. and European Union representatives met with representatives of the Taliban in Oslo to discuss the situation in Afghanistan. The meeting's purpose, according to the U.S. State Department, was the "urgency in addressing the humanitarian crisis in Afghanistan" and the need to "help alleviate the suffering of Afghans across the country." (state.gov, Jan. 27) Credit: sanctionskill.org The U.S.-E.U. statement focuses primarily on the Taliban's conduct, particularly charges of women's and human rights violations. It fails to acknowledge that the ongoing crisis in Afghanis…