Daily Archives: July 15, 2022

2022-07-15: News Headlines

WSWS (2022-07-15). Major crypto lender files for bankruptcy. wsws.org In documents filed yesterday, Celsius Network revealed it had a $1.2 billion shortfall in its balance sheet resulting from what CEO Alex Mashinsky said were poor investment decisions and unanticipated losses.

SAM (2022-07-15). Does the Future Belong to People Who Profit Off Our 'Excessive Wealth Disorder'? inequality.org

Arab Digest (2022-07-15). Egypt's Sisi: ringmaster of a near-bankrupt circus. fairobserver.com

____ (2022-07-14). Throat swab robots will ease burden on medics. ecns.cn Testing for COVID-19 normally has kept clinicians clad in medical protective gear working for hours. But sample collecting is stepping closer to full automation with the development of yet another robot.

____ (2022-07-14). Chinese FM spokesperson refutes 'debt trap' claim. ecns.cn A Chinese Foreign Ministry spokesperson on Thursday refuted the so-called "Chinese debt trap" claim, saying that it is pure disinformation and a narrative trap created by those who do not hope to see China-Africa cooperation pick up speed.

WSWS (2022-07-15). "Hell on Earth!"—US railroad workers speak out against intolerable working conditions. wsws.org The World Socialist Web Site has received a large volume of comments from railroad workers across the United States in recent days, which we are publishing to bring attention to our world audience the conditions in the industry.

Kristina Hille (2022-07-14). A Ukrainian-Led School Emerges in Germany to Teach Refugee Children. truthout.org Julia C. stands in front of her 24 10th-grade pupils at The Ukrainian School — a school in Dresden, Germany, staffed by teachers from Ukraine who are working with the sudden influx of school-aged refugees. The school's curriculum covers nearly all the standard school subjects while also helping Ukrainian students learn German and adjust to their new lives. | The Ukrainian School program was created in April 2022, following Russia's invasion of Ukraine and the subsequent influx of Ukrainian refugees and their children. The director of the newly reopened school is simultaneously the director of Dresden's more…

Uswah Alaydrus (2022-07-14). Indonesia between Russia and Ukraine: What is lacking in peaceful diplomacy. moderndiplomacy.eu Some global problems such as poverty, natural disasters, hunger, clean water, environmental problems, population, epidemics, conflicts and wars have indeed colored human life, but a long span of time will cause new problems and complicate life which then requires humans to find a way. get out of the problem either by thinking and doing something …

Vijay Prashad (2022-07-14). Will Our Children Be Literate? Will They Look Forward to the Future with Dignity? dissidentvoice.org Nú Barreto (Guinea-Bissau), A Esperar ('Waiting'), 2019. The world is adrift in the tides of hunger and desolation. It is difficult to think about education, or anything else, when your children are not able to eat. And yet, the sharp attack on education during this past decade forces us to consider the kind of future …

Michael Hudson (2022-07-14). The end of Western civilization. mronline.org The greatest challenge facing societies has always been how to conduct trade and credit without letting merchants and creditors make money by exploiting their customers and debtors.

Party for Socialism, Liberation (2022-07-14). PSL Editorial — Biden's Middle East trip: Apartheid, war and oil. liberationnews.org Biden is evidently more concerned about the fading fortunes of U.S. empire than addressing the dire problems faced by working people.

Jake Johnson (2022-07-14). Sanders Warns Congress Is Working 'Behind Closed Doors' on $ Billion in Corporate Welfare. commondreams.org "If you can believe it," said the Vermont senator, "this legislation may also provide a $10 billion bailout to Jeff Bezos, the second-wealthiest person in America."

| Reuters | (2022-07-14). UAE announces $2 billion investment in hi-tech Indian 'food parks' to ease shortages. tribune.com.pk The United Arab Emirates has pledged $2 billion to help develop a series of "food parks" in India to tackle food insecurity in South Asia and the Middle East, the UAE, India, the United States and Israel said on Thursday. | Speaking in Jerusalem at a virtual summit with UAE, Israeli and Indian leaders, US President Joe Biden said the investment could "increase India's food yields in the region three-fold in just five years". | The parks would bring farmers, processors and retailers together using advanced climate technology to minimise waste, conserve water and maximise crop yields. | Read more: India bans whe…

Sharon Zhang (2022-07-14). Sanders Rebukes Senate for Crafting $ Billion "Handout" to Microchip Industry. truthout.org On the Senate floor on Wednesday, Sen. Bernie Sanders (I-Vermont) had harsh words for fellow members of Congress who have been crafting a bill to give major microchip companies $52 billion in corporate welfare while ignoring pressing issues that are faced by the middle and lower classes in the U.S. | "At a time of massive income and wealth inequality, the American people are sick and tired of the unprecedented level of corporate greed that we are seeing right now,"

Jason Ditz (2022-07-14). UN Extends Yemen Mission in Hodeidah by Another Year. news.antiwar.com Just days before its expiration, the UN Security Council voted to extend the mission to Hodeidah is the largest seaport in Yemen, and source of most food aid into the country. Pro-Saudi forces were trying to take the port and the UN made a deal to try to avoid the fight, worrying the port would be damaged, leading to a famine. | The Hodeidah deal hasn't been perfect, but has prevented any major offensives on the port. The UN was empha…

Tanya Wadhwa (2022-07-14). Meet the ministerial cabinet of Colombia's first left-wing government. peoplesdispatch.org Colombia's first left-wing government in 203 years since its independence is gearing up to be sworn in on August 7. The government to be headed by Gustavo Petro and Francia Márquez of the progressive Historic Pact coalition, has been working steadily to build its cabinet of ministers. To date, eight cabinet members have been appointed, five of them are women. | During his election campaign, Petro announced that he would create the Ministry of Equality and Women. On Twitter, Petro

It's Going Down (2022-07-14). Cracks in the Racial Order?: A Discussion on Race, Class and the Ongoing Impact of Noel Ignatiev. itsgoingdown.org On this episode of It's Going Down, we speak with former comrades of radical organizer and author Noel Ignatiev, who passed away in 2019 and is most well known for his involvement in the radical journal, Race Traitor. Before his passing, Ignatiev was also involved with Hard Crackers, which chronicles working-class life, struggle and revolt while…

Isabella (2022-07-14). Giving USA 2022: Charity Sector Stable but Increasingly Top-Heavy. inequality.org

Isabella (2022-07-14). New Ipsos Poll Shows Broad Support for Bold Charity Reform. inequality.org

David Moscrop (2022-07-14). No Wonder There's an Air Travel Crisis. Airlines Have Been Screwing Workers for Years. zcomm.org To solve this crisis and avoid future issues, airlines and the government should listen to workers and finally give them what they deserve: better pay and working conditions…

Thom Hartmann (2022-07-14). Dear Millennials: I'm Sorry We Didn't Stop Them. zcomm.org Your generation today holds only 4.6% of the nation's wealth and you're most likely struggling to own a home & are deeply in debt. What happened? In a word, Republicans…

Jeremy Kuzmarov (2022-07-14). While Guilty for Sex Trafficking, Ghislaine Maxwell Takes Fall for Alleged Sexual Blackmail Operation Run by Western Intelligence Agencies. covertactionmagazine.com Evidence suggests that Epstein and his paramour Ghislaine Maxwell were working for U.S., British and Israeli intelligence agencies to build …

Staff (2022-07-14). Myth of Chinese Debt Busted: Africa Trapped by Western Lenders. orinocotribune.com African countries owe three times as much to Western banks, asset managers, and oil traders as they do to China, and are charged twice as much interest, according to a study Regarding the recent accusations by the West against the Asian country, regarding the crisis in Sri Lanka, the study reveals that only 12% of the continent's external debt was owed to Chinese l…

Vidhi Bubna (2022-07-14). Bookletpedia by Piyush Poddar- A unique initiative to empower people in villages of India. moderndiplomacy.eu Piyush Poddar has done his Master's from Delhi School of Social Work, and Bachelor's in Commerce from Hans Raj College, University of Delhi. He has experience working as a consultant with the MPSRLM and organizations like Azim Premji Foundation, Society for All Round Development, and Rajasthan Mahila Kalyan Mandal, Ajmer. His experience at the grassroots …

Haiti Action Committee (2022-07-14). Thursday 7/28: France, Pay Your Debt To Haiti! indybay.org Offices of the French Consulate and Citibank at 88 Kearny Street, San Francisco, CA 94108…

WSWS (2022-07-14). What next for US railroaders after near-unanimous strike vote? wsws.org For US railroaders, the strike vote is not simply a moral victory. They know there is no other way to reverse decades of deteriorating working conditions. But the unions have no intention of calling a strike, and are demanding intervention by Biden to block it.

Homeless Garden Project (2022-07-14). Saturday 8/6: Day of Dirt and Digging. indybay.org Homeless Garden Project Farm | 100-198 Shaffer Rd Santa Cruz, CA 9 60…

_____ (2022-07-14). Real Debt Trap: Sri Lanka Owes Vast Majority To West, Not China. popularresistance.org This July, Sri Lanka's government was forced to resign, after hundreds of thousands of protesters stormed public buildings, setting some on fire, while also occupying the homes of the country's leaders. | The protests were driven by skyrocketing rates of inflation, as well as rampant corruption and widespread shortages of fuel, food, and medicine — a product of the country's inability to pay for imports. | In May, Sri Lanka defaulted on its debt. In June, it tried to negotiate another structural adjustment program with the US-dominated International Monetary Fund (IMF). This would have been Sri Lanka's 17th…

_____ (2022-07-13). Visualizing The Economic Veins That Fuel Our Carceral Reality. popularresistance.org The contemporary US prison system incarcerates people — largely Black, Native, Latinx, disabled, and working-class and poor folks — and hides them from society for years, decades, or lifetimes. This is true across the United States generally and in Massachusetts, specifically. These days, when discussing the case against incarceration and the prison system, there are a few different arguments one tends to hear: (1) the first is that incarceration is immoral and reprehensible in both its conditions and treatment of incarcerated people; (2) a second, appealing to economists and technocratic policymakers…

_____ (2022-07-13). Wars, Inflation, And Strikes: A Summer Of Discontent In Europe? popularresistance.org Are we heading toward a summer of discontent in Europe? Can we foresee a hot autumn on the Continent? It would be hasty to make such statements, but new strike activity is beginning to unfold among sectors of several countries' working class. Inflation reached 8.8 percent as a European average in May (with higher rates in countries like the UK and Spain). After years of inflation below 1.5 percent, this is a significant change that is causing a fall in the population's purchasing power, especially among the working class. Many analysts are already talking about the possibility of stagflation: a combination of rec…

Liberation Staff (2022-07-13). Keene, N.H., protest for abortion rights: 'We can do it again!'. liberationnews.org "The working class showed its power in the early 70s when fighting for Roe, under even more conservative and repressive circumstances than we find ourselves now. If they could do it then, we can do it again!"

Andreína Chávez Alava (2022-07-13). Venezuela: Oil Output Stagnates Despite Export Surge, Chevron Continues PDVSA Talks. venezuelanalysis.com Venezuelan oil shipments have increased following recent oil-for-debt licenses granted to Italy's Eni and Spain's Repsol.

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