(2022-03-04). Ukraine sanctions lead to $80bn loss for Russia's richest. rt.com 
A third of their net worth has been wiped out, according to the Bloomberg Billionaires Index | Russia's richest people have lost about a third of their wealth over the past week, due to Western sanctions over the war in Ukraine, according to the latest Bloomberg Billionaires Index. | The impact of US and EU sanctions against Russian oligarchs and the collapse of the ruble has seen their collective fortune shrink by $80 billion since the start of Moscow's military operation, according to the index. | The report says some saw their wealth halved, with the biggest loser in dollar terms being Gennady Timchenko, of…
(2022-03-04). Sanctions on tycoon's empire dropped except for yacht and jet. rt.com 
A special license has authorized transactions involving Alisher Usmanov's assets, except for his yacht and jet | The US Treasury has withdrawn businessman Alisher Usmanov's companies from sanctions lists, on the same day it imposed them, leaving only his superyacht and private aircraft blocked. | Announcing on March 3 that Usmanov had been put on the Office of Foreign Assets Control (OFAC)'s Specially Designated Nationals and Blocked Persons list, the Treasury described Usmanov as an "affiliate" of Russian president Vladimir Putin and "one of Russia's wealthiest billionaires with vast holdings across multiple…
(2022-03-04). UK could struggle to sanction Russian 'oligarchs' — media. rt.com 
Punitive measures could take "weeks and months," according to The Times | Russia's wealthiest tycoons may not be hit immediately by British embargos, a media report has claimed, alleging that the government has been unable to build a substantive case against them. | In a report published by The Times on Thursday, it was alleged that the Foreign Office and National Crime Agency have so far failed to mount "reasonable grounds" for targeting the most influential moguls, such as Chelsea owner Roman Abramovich, with sanctions because "they have struggled to link their finances to" Russian President Vladimir Putin.
(2022-03-04). Global supply chain: Rail industry prioritizes profits over safety. workers.org 
The global supply chain crisis, fueled by the COVID-19 pandemic, has laid bare systemic problems within global capitalism — when and where goods are produced to how they are transported and the growing disparity between the bosses' wealth versus the wages and benefits paid to millions of workers throughout this . . . |
(2022-03-04). 10 Questions about Russia, Ukraine and "World War III" dissidentvoice.org 
1. Wouldn't a new "Cold War" simply work wonders for Corporate America and keep that upward transfer of wealth thing going strong? 2. Could it be that the Russian Army is moving so "slowly" because it has no interest in destroying Ukraine but rather in transforming it into an intact puppet state? 3. Did you …
(2022-03-04). Braxton Brewington on Student Loan Debt, Andy Marra on Trans Youth Rights. fair.org 
This week on CounterSpin: Senate Majority Leader Chuck Schumer CounterSpin220…
(2022-03-04). Airbnb stops working in Russia. rt.com 
The home rental service is the latest foreign company to suspend operations in the country | American peer-to-peer lodging service Airbnb is putting its operations in Russia and Belarus on hold, the company's CEO Brian Chesky has said. | "Airbnb is suspending all operations in Russia and Belarus," Chesky announced in a tweet on Friday. | The US entrepreneur had a Ukrainian flag added to his name on Twitter, which suggests the move is likely a response to Russia's invasion of the country. | On Monday, Chesky said Airbnb was offering short-term housing for free to some 100,000 Ukrainian refugees. | Airbnb is sus…
(2022-03-04). Granovskaia future under new Chelsea owners 'linked to Abramovich'. rt.com 
Groups interested in buying the club are said to be open to working with the Director known as 'the most powerful woman in football' | Hugely influential Chelsea Director Marina Granovskaia could retain her role at the Premier League giants if she cuts her ties to outgoing owner Roman Abramovich, reports have said amid claims that a group led by Swiss billionaire Hansjorg Wyss could bid for the club as soon as Sunday. | Russian-Canadian businesswoman Granovskaia has been widely recognized as one of the key figures in Chelsea's immense success as one of Abramovich's most trusted colleagues since he took over in…
(2022-03-04). Sri Lankan action committee holds a successful online meeting in defence of Julian Assange. wsws.org Speakers insisted that the fight to release Julian Assange depends on a political movement of the working class based on socialist policies and in opposition to the capitalist system and all its institutions.
(2022-03-04). Building towards 2022 Cesar Chavez Day – UC Davis Aggie Square Community Celebration. indybay.org In 1942, Cesar Chavez graduated from the eight grade, skipped high school to provide for his family after his father was injured in a tragic accident. After a few years working in the fields, Cesar joined the U.S. Navy in 1946 and honorably served America with a two-year tour of duty. In 1948, he married Nelen Fabela and settled in Delano, and the rest is history.
(2022-03-04). In Haiti, misery breeds resistance. workers.org 
Thousands of Haitian garment workers, mainly women, have hit the streets in February demanding that the government raise their minimum wage to 1,500 gourdes (about $14) for a 9-hour day. They currently make 500 gourdes (about $4.80) a day. The workers, mostly women who spend over half their salaries on . . . |
(2022-03-04). Venezuela to Increase Minimum Wage and Consider Bonuses as Part of Wage. orinocotribune.com On March 3, Venezuela announced an increase in the minimum wage to half a petro, and determined that bonuses delivered to public workers through the Patria System will be considered as salary. The increased minimum wage will impact the wage scales of public employees, those under collective bargaining agreements, and pensioners. | In addition, food bonuses will increase to Bs. 45 ($10.30 USD). With the price of the petro currently at $57.81, and the official dollar at Bs. 4.37, the minimum wage would be Bs. 126 per month (or $28.90). Adding the food bonuses, it would be Bs. 171 per month, equivalent to $39.20.
(2022-03-04). Sri Lankan unions begin campaign for minimum wage rise. peoplesdispatch.org 12 unions have launched a joint campaign to demand an increment in the minimum wage of private sector employees after the government decided to exclude them from a scheme granting a monthly increment of 5,000 LKR (USD 25) to pensioners and public sector employees…
(2022-03-03). Fact Check: Biden Claimed 'We Reduced Black Poverty By Over 30 Percent'. moguldom.com During President Joe Biden's March 1 State of the Union address, he made claims about reducing Black poverty. "The estimate is that we've cut Black poverty by over 30 percent. We reduced child poverty more than 50 percent in the Black community," Biden said. Biden didn't go into details on how his administration did this, …
(2022-03-03). Wealthy Nations Continue to Drive Climate Change with Devastating Impacts for Poorer Countries. projectcensored.org In a November 2021 article for The Conversation, Sonja Klinsky outlined how and why poorer countries and regions are disproportionately affected by climate change. Wealthier nations, such as the US,…
(2022-03-03). Probe launched into TikTok's impact on children. rt.com 
The investigation will explore whether the video-sharing app violated state consumer protection laws | A bipartisan coalition of US attorneys general on Wednesday launched a probe into video-sharing app TikTok's impact on children, marking the latest investigation into the effect of social media companies on kids' safety. | Attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee and Vermont are working together to establish if TikTok has violated state consumer protection laws and put the public at risk.The probe will seek to explore the potential harm young people…
(2022-03-03). Texas Judge Blocks State-Run Investigation Into Family With Transgender Teen. truthout.org 
A judge in Texas has blocked an investigation into a family with a transgender teen in the state, stating that the inquiry violated their constitutional rights. | Gov. Greg Abbott (R), working off a legal opinion from Republican state Attorney General Ken Paxton, recently
(2022-03-03). An interview with Bryan Wizemann, writer-director of You Mean Everything to Me: "There's another 'underserved' population … and that's people without money" wsws.org Wizemann's You Mean Everything to Me follows a young woman, Cassandra (Morgan Saylor), who, faced with homelessness, comes under the spell of a local DJ, Nathan (Ben Rosenfield).
(2022-03-03). Top-Heavy Philanthropy Explained in 8 Charts. inequality.org
(2022-03-03). Biden Doesn't Need to Wait for Congress to Begin Transforming the Economy. inequality.org