Daily Archives: May 26, 2023

2023-05-26: News Headlines

Eesha Yaqoob, Saad Javed, Shehzad Ali Khan (2023-05-27). Correspondence] Trauma care in the face of climate change in Pakistan. thelancet.com The effect of climate change on society is broad and profound. Studies have shown that low-income countries face the greatest number of deaths due to disasters, with 33% of those deaths occurring in countries with the lowest human development indices.1 Extreme weather events have killed 10‚Äà000 people and caused US$4 billion of damage in Pakistan, which is continuously placed among the top ten most susceptible countries on the Climate Risk Index. The country is especially vulnerable to the effects of climate change due to its high rates of multidimensional poverty.

WSWS (2023-05-25). Union abruptly ends strike of New York City resident physicians. wsws.org The Committee of Interns and Residents has sent its members back to work at Elmhurst Hospital in Queens without allowing them to vote on the tentative agreement, which will do nothing to improve their poverty wages.

The Lancet (2023-05-27). Editorial] Childhood as a commodity: ending child labour. thelancet.com Children continue to be exposed to physical harm and denied education while toiling for long hours in the world's wealthiest nations. Children as young as 12 and 13 years have been engaged in labour involving midnight shifts, dangerous machinery, and punishing physical demands across industries supplying some of the USA's largest corporations according to a harrowing New York Times investigation. Most had migrated, unaccompanied, from central America. Uncertain of their immigration status and some indebted to traffickers, many considered dangerous labour safer than deportation.


Stephan Schulmeister (2023-05-26). Inflation in the Age of Finance Capitalism. indybay.org The shift of profit-striving from the real- to the financial-economy lowered economic growth Unemployment and atypical jobs soared. The welfare state was weakened. At the same time, financial wealth grew exorbitantly (the DAX increased 14-fold since 1988). The development of financial derivatives made possible profiting from short-term changes in stocks, currencies and bonds.

Colin Todhunter (2023-05-26). What Was Covid Really About? Triggering A Multi-Trillion Dollar Global Debt Crisis. "Ramping up an Imperialist Strategy"? globalresearch.ca If it was indeed about public health, why close down the bulk of health services and the global economy knowing full well what the implications would be? And why mount a military-style propaganda campaign to censor world-renowned scientists and terrorise entire populations…

Anonymous834 (2023-05-25). US Military Aid To Ukraine Could Be Suspended Due To Debt Ceiling — Media. southfront.org Written by Ahmed Adel, Cairo-based geopolitics and political economy researcher. The Hill reported that US military funding to Ukraine could be suspended…




Jake Johnson (2023-05-25). 2 Democrats Join House GOP in Voting to Repeal Student Debt Relief. truthout.org Two House Democrats — Reps. Jared Golden of Maine and Marie Gluesenkamp Perez of Washington — faced backlash on Wednesday after voting for a GOP resolution that would repeal President Joe Biden's student debt relief program, which is currently on hold as the U.S. Supreme Court weighs a pair of deeply flawed legal challenges. The resolution, led by Rep. Bob Good (R-Virginia), aims to make use of a… |

Ahmed Adel (2023-05-25). US Military Aid to Ukraine Could be Suspended Due to Debt Ceiling? globalresearch.ca

Ben Norton, Michael Hudson (2023-05-25). Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world. geopoliticaleconomy.com Economist Michael Hudson discusses the origin of Western debt-based societies and the research in his book "The Collapse of Antiquity: Greece and Rome as Civilization's Oligarchic Turning Point".

Jake Johnson (2023-05-25). 2 Democrats Join House GOP in Voting to Repeal Student Debt Relief. truthout.org Two House Democrats — Reps. Jared Golden of Maine and Marie Gluesenkamp Perez of Washington — faced backlash on Wednesday after voting for a GOP resolution that would repeal President Joe Biden's student debt relief program, which is currently on hold as the U.S. Supreme Court weighs a pair of deeply flawed legal challenges. The resolution, led by Rep. Bob Good (R-Virginia), aims to make use of a… |

Ahmed Adel (2023-05-25). US Military Aid to Ukraine Could be Suspended Due to Debt Ceiling? globalresearch.ca

Ben Norton, Michael Hudson (2023-05-25). Origins of debt: Michael Hudson reveals how financial oligarchies in Greece & Rome shaped our world. geopoliticaleconomy.com Economist Michael Hudson discusses the origin of Western debt-based societies and the research in his book "The Collapse of Antiquity: Greece and Rome as Civilization's Oligarchic Turning Point".

Staff (2023-05-25). Headlines for May 25, 2023. democracynow.org Anti-Kremlin Militia That Staged Attacks in Russia Used U.S.-Made Armored Vehicles, Fighting Punctures Ceasefire in Khartoum as U.N. Warns 1.3M Have Fled Sudan, U.N. Appeal for Aid to Drought-Stricken Horn of Africa Falls Far Short of Goal, After Battering Guam, Typhoon Mawar Heads Toward Philippines as Category 5 Storm, German Police Stage Nationwide Raids Against "Last Generation" Climate Action Group, Watchdog Says 90% of Chevron's Carbon Offsets Are "Junk", Rep. Matt Gaetz Admits Republicans Are Holding U.S. Economy "Hostage" over Debt Limit, Ron DeSantis Launches 202…

Staff (2023-05-25). Oxfam: G7 Countries Owe the Global South More Than $13 Trillion in Development & Climate Assistance. democracynow.org A new Oxfam analysis released as the leaders of the Group of 7 nations met in Hiroshima, Japan, shows G7 countries collectively owe poor nations in the Global South more than $13 trillion in development and climate assistance. But instead, these countries are saddled with daily debt repayments of $232 million, deepening the global chasm of inequality. That debt burden "is essentially the money that could have been invested in education, in health, in gender justice programs, in ensuring safe drinking water, in climate resilience," says Amitabh Behar, the interim executive director of Oxfam Internation…

calebcrowder (2023-05-25). There's No Debate Over Debt—Only About Priorities. ips-dc.org

Steve Gillis (2023-05-25). WWP solution to debt crisis: Defund the Pentagon! workers.org Credit: Tony Murphy It's television news teaser material that on June 1, the U.S. government will run out of money to pay its debts — everything from wages for its vast global armies and civilian government workers, to Social Security checks and interest payments on Treasury bonds. According to President . . . |

teleSUR (2023-05-25). Fitch Places US AAA Rating on Negative Watch. telesurenglish.net On Wednesday, the credit rating agency Fitch Ratings announced it has placed the U.S. AAA-rated long-term foreign-currency issuer default rating (IDR) on a "negative watch" as the debt ceiling deadlock continues. | RELATED: | "The Rating Watch Negative reflects increased political partisanship that is hindering reaching a resolution to raise or suspend the debt limit," the agency said in a statement. | The White House and congressional Republicans are still a…

WSWS (2023-05-25). Workers Party imposes austerity in Brazil. wsws.org Lula has seen a 13 percent drop in his approval rating as his government deepens austerity policies designed to guarantee profits and foreign debt payments.

WSWS (2023-05-25). Manufactured crisis over US debt ceiling sets stage for bipartisan assault on Social Security and Medicare. wsws.org Behind the mutual recriminations between the two capitalist parties, there is a basic agreement: All of the social gains made by the working class in the course of more than a century of struggle must be wiped out to pay for the escalating war drive of the American ruling class.

Olivia Alperstein, Institute for Policy Studies. (2023-05-25). New Report: $1.1 Trillion Was Spent On Militarism And War Last Year. popularresistance.org Washington, D.C. — On May 24, the National Priorities Project at the Institute for Policy Studies released a critical new analysis of the militarized budget in the United States, "The Warfare State: How Funding for Militarism Compromises our Welfare." | The new report found that this past year, out of a $1.8 trillion federal discretionary budget, the U.S. spent a staggering $1.1 trillion — or 62% — of that budget on militarism and war. | Threats to cut spending for vital domestic programs have featured prominently in the debt ceiling debate in recent weeks, but spending on militarism has been al…

newsnetwork.mayoclinic (2023-05-26). Science Saturday: Orthobiologics can be nature's healing agents. newsnetwork.mayoclinic.org Mayo Clinic physician-scientists are working on regenerative biotherapeutics such as orthobiologics and other regenerative bioinjectables to bring advanced procedures to more patients. Orthobiologics are biological agents that stimulate healing when standard therapies don't work. Examples are platelet-rich plasma — platelets spun from a patient's blood that promote cell repair — and bone marrow aspirate concentrate that contains stem cells and many other cells that have shown potential for tissue regeneration. "Orthobiologics are like nature's drug…

teleSUR (2023-05-25). UN: 8.5 Mln USD for Cyclone Victims in Madagascar. telesurenglish.net On Wednesday, the United Nations allocated a sum of 8. 5 million U.S. dollars in order to provide assistance to the 335,000 people residing in the worst-hit areas by storms in Madagascar. | Related: | According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), they are working with the government to continue aiding the southeastern region of the island nation, which was severely hit by cyclonic activities in the precedi…

Oraily Madruga Rios (2023-05-25). Paraguayan authority impeaches MP Galeano. plenglish.com Asuncion, May 25 (Prensa Latina) Paraguayan judge Gustavo Amarilla confirmed the beginning of a trial for alleged money laundering and criminal association against legislator Erico Galeano as of this Thursday, the day the Electoral Justice proclaimed him senator-elect. The authority stated to the ABC Color newspaper that the trial ratification of the accused, until now a member of the Chamber of Deputies, is possible according to the Law because that instance on Thursday notified against him a deprivation of special rights, which was long debated by the public opinion.

IndybayIndybay (2023-05-26). Three Meetings This Month For Concord's Homeless Strategic Plan. indybay.org The city of Concord (California), will be holding three meetings this week-and-a-half, regarding the development of a homeless strategic plan. Service providers and concerned residents are urged to participate.

F. William Engdahl (2023-05-26). Global Planned Financial Tsunami Has Just Begun. globalresearch.ca Green Energy mandates are driving this inflation crisis: global shortages of fertilizers, soaring prices of natural gas, grain supply losses, coupled with the global snowballing of defaults, bankruptcies, amid a soaring inflation.

teleSUR (2023-05-25). UN: 2.4 Bln USD by Donors at Event for People in Horn of Africa. telesurenglish.net On Wednesday, at a UN-sponsored event, donors declared a sum of 2.4 billion U.S. dollars aimed at supplying crucial sustenance and life-saving aid to approximately 32 million people in the Horn of Africa. | Related: | The successful prevention of famine can be attributed in part to the substantial contributions of local communities, humanitarian agencies and governmental bodies, alongside the generous contributions of don…

SAM (2023-05-25). Garbage In, Garbage CEO Windfalls Out. inequality.org

Peoples Dispatch (2023-05-25). 15 Palestinian prisoners to launch hunger strike protesting Israeli prison conditions and abuse. peoplesdispatch.org Among the main demands of the prisoners is the right to receive specialized medical treatment from their personal doctors instead of those sent by the prison administration…

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