Daily Archives: February 5, 2024

2024-02-05: News Headlines

Andrés Tapia Arias, Andrés Madrid Tamayo, People's Dispatch. (2024-02-05). Capitalism And Drug Trafficking In Ecuador. popularresistance.org Ecuador is experiencing a wave of organized crime violence that is linked to structural problems. It is the product of a complex context divided between the increase in poverty, new drug routes worldwide and the emergence of a local narco-bourgeoisie. Amid all this, a global crisis of neoliberal capitalism, and consequently, the decomposition and rupture of the social pact between classes, peoples and hegemonic blocks. | In this context, the Government of Daniel Noboa has decided to confront the wave of drug crime that is drowning Ecuador through the declaration of internal armed conflict. In other words, war aga…

_____ (2024-02-05). Wealth of Five Richest Men Doubles Since 2020 as Five Billion People Made Poorer in "Decade of Division," Says Oxfam. transcend.org 15 Jan 2024 – * Fortunes of five richest men have shot up by 114 percent since 2020. * | * The world could have its first-ever trillionaire in a decade; it would take over two centuries to end poverty. *…

Binoy Kampmark (2024-02-05). When Much is Too Much: Elon Musk's Compensation Package. counterpunch.org When is the acquisitive nature of open frontier capitalism too much? When Elon Musk is told that US$56 billion as a pay package is unfair. This, at least, was the finding by Delaware Court of Chancery by Judge Kathaleen McCormick regarding the spellbinding 2018 compensation package for the planet's wealthiest human being. McCormick and Musk already have

David Bollier. (2024-02-05). Using Solar Commons To Decentralize And Share Solar Energy. popularresistance.org Energy from the sun is sure one of the most pervasive forms of common wealth. So why not capture and share that wealth more widely with everyone? | That's the basic idea behind the Solar Commons, a prototype project that uses revenue streams from solar energy and partnerships to build community wealth. The primary vehicle is a Solar Commons trust agreement among diverse community groups and the owner of a solar power array. | The driving force behind this socio-legal innovation has been Kathryn Milun, a community-engaged scholar, writer and energy democracy advocate.

infobrics (2024-02-05). The BRICS Wealth Report: Challenging the Global Economic Order. infobrics.org The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural BRICS Wealth Report, published by international investment migration advisory firm Henley & Partners in partnership with global wealth intelligence firm New World Wealth…

El Desconcierto (2024-02-04). Chile: The health of the poor. pressenza.com The health of the poor does not matter to us as a society, not even when we talk about children. We simply do not see the suffering of others. And don't tell me that it can't be solved. We could use all, absolutely all, of the wealth that lithium will bring to take care of our children and old people, instead of handing it over privately and settling for royalties or taxes. | By Esteban Celis Vilchez | When people talk about the solidarity of Chileans, classically manifested in that pathetic walk of egos and marketing that is the Telethon, I can only continue to be amazed at our infinite capacity to lie to oursel…

CADTM International (2024-02-05). CADTM International supports the general strike in Argentina on 24 January 2024 and the popular uprising against debt. cadtm.org

Eric Toussaint, Maxime Perriot (2024-02-05). Is there a debt crisis in the South and what is recommended by the CADTM? cadtm.org Maxime Perriot: In an article published in December 2023 you claimed in the wake of a World Bank report that "developing countries" were trapped in a new debt crisis, yet the Financial Times and other sources point out that in the first two weeks of 2024 several so-called developing countries managed to easily refinance their debt. What is actually the situation?
| The three developing countries that managed to sell sovereign bonds all produce oil and gas
| Éric Toussaint: The three countries (…) | – |

Eric Toussaint (2024-02-05). Early conflicts between the UN and the World Bank/IMF tandem. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Eric Toussaint (2024-02-05). SUNFED versus World Bank. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Eric Toussaint (2024-02-05). The WB assists those in power in a witch-hunting context. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

CADTM International (2024-02-04). CADTM International supports the general strike in Argentina on 24 January 2024 and the popular uprising against debt. cadtm.org

Eric Toussaint, Maxime Perriot (2024-02-04). Is there a debt crisis in the South and what is recommended by the CADTM? cadtm.org Maxime Perriot: In an article published in December 2023 you claimed in the wake of a World Bank report that "developing countries" were trapped in a new debt crisis, yet the Financial Times and other sources point out that in the first two weeks of 2024 several so-called developing countries managed to easily refinance their debt. What is actually the situation?
| The three developing countries that managed to sell sovereign bonds all produce oil and gas
| Éric Toussaint: The three countries (…) | – |

Eric Toussaint (2024-02-04). Early conflicts between the UN and the World Bank/IMF tandem. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Eric Toussaint (2024-02-04). SUNFED versus World Bank. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Eric Toussaint (2024-02-04). The WB assists those in power in a witch-hunting context. cadtm.org In July 2024, the World Bank and the IMF will be 80 years old. 80 years of financial neo-colonialism and the imposition of austerity policies in the name of debt repayment. 80 years is enough! The Bretton Woods institutions must be abolished and replaced by democratic institutions serving an ecological, feminist and anti-racist bifurcation. To mark these 80 years, we are republishing a series of articles every Wednesday until July, looking in detail at the history and damage caused by these (…) | – | / |

Inter Press Service (2024-02-04). Onerous Debt Making Poorest Poorer. pressenza.com Conditions and prospects are so bad that two well-known cheerleaders for globalization have called on rich nations to take urgent action. The former deputy managing director of the International Monetary Fund (IMF) and former vice president of the World Bank, and Martin Wolf, an influential columnist for the Financial Times, have warned of the dire consequences of inaction. | By Jomo Kwame Sundaram | Deepening stagnation: | After the tepid growth following the 2008 global financial crisis, Covid-19 disrupted supply chains around the world. Afterward, the recovery following the covid pandemic was disrupted…

WSWS (2024-02-05). Sri Lankan health unions end two-day strike, claiming "positive response" by government. wsws.org Last week's national walkout is a part of a rising wave of strikes and protests over Colombo's International Monetary Fund-dictated attacks on jobs, wages, working conditions and democratic rights.

WSWS (2024-02-05). German government decides on war budget for 2024. wsws.org The 2024 federal budget is a declaration of war on working people. It includes the highest military expenditure since the end of the Second World War and massive cuts in the areas of healthcare, education, and social welfare.

WSWS (2024-02-05). UAW president pledges to send workers "to war" for Biden. wsws.org Biden is relying on the UAW and other union bureaucracies to chain the working class to the war chariot of US imperialism, as Washington seeks to exert global domination through military force.

Alina Ramos Martin (2024-02-04). Agricultural science workers announce strike in Panama. plenglish.com Panama City, Feb 4 ( Prensa Latina) Agricultural science workers in Panama announced that they will march to the Presidency of the Republic next Thursday to demand better working conditions and salaries.

Conner Ramirez McGinley, Saleem Hallal (2024-02-04). Boston pharmacy desert due to capitalist competition, not theft. liberationnews.org Roxbury is the heart of Boston's Black community, and this marks the fourth in a recent series of closures throughout predominantly Black and brown working class neighborhoods of Boston.

ecns.cn (2024-02-04). Revised rules to improve loan climate. ecns.cn They include measures for the administration of fixed-asset loans, working capital loans and personal loans.

marketing (2024-02-04). US, EU Sanctions Aren't Working In Myanmar #MENAFN #Bitcoin #LatestNews #BreakingNews. menafn.com (MENAFN – Asia Times) When Myanmar's military seized back control of the country in February 2021 after a decade-long democratic interlude, the international community reached for a familiar tool: …

Editor (2024-02-05). Non-Police Crisis Response Programs Have Been Working. Here's How. scheerpost.com

WSWS (2024-02-04). Rising inequality provokes strike wave in Turkey. wsws.org Social inequality, deepened by the high inflation and cost of living in recent years, is provoking a wave of working class struggles.

NEOB (2024-02-05). South African government hard at work to resolve challenges in mining. sanews.gov.za South African government hard at work to resolve challenges in mining | President Cyril Ramaphosa has told leading figures in African mining that government is working hard to address the challenges that the industry faces. | He was speaking during the opening of the 30th Investing in African Mining Indaba held in Cape Town on Monday. | The Indaba is expected to continue until Thursday. | The mining industry contributes a hefty 7.5% to South Africa's Gross Domestic Product (GDP) and accounts for some 60%, by value, of the country's exports. | "We are all acutely aware that we face strong headwinds, and a number o…

albawaba (2024-02-05). Jordanian travels 3000 km on his motorcycle for Umrah. albawaba.com ALBAWABA – Omar Al-Zahimat, a Jordanian, rode his motorcycle all the way to the Kingdom of Saudi Arabia to perform Umrah, Islam's religious pilgrimage. Despite no support from fellow cyclists in Jordan, Al-Zahimat's passion for motorcycles and travel allowed him to successfully plan and complete this journey of his.Working at a Jordanian government department and being a father of five children, Al-Zahimat bought his motorcycle in 2018 to explore Jordan. Later, he decided to take it a step further and put his riding skills to the test by traveling to the Holy Land to perform Umrah rituals.Jordanian travels 30…

DikelediM (2024-02-04). National minimum wage increases. sanews.gov.za National minimum wage increases | Employment and Labour Minister Thulas Nxesi has announced a new National Minimum Wage (NMW) determination which will go up from R25,42 to R27,58 for each ordinary hour worked. | In a statement on Saturday, the Department of Employment and Labour said the new NMW will come into effect from 1 March 2024. | "The National Minimum Wage determination also includes the vulnerable sectors of farm workers and the domestic workers — whom since 2022 were aligned with the NMW rates. | "However, the workers employed on an expanded public works programme are entitled to a minimum wage of…

DikelediM (2024-02-04). National minimum wage increases. sanews.gov.za National minimum wage increases | Employment and Labour Minister Thulas Nxesi has announced a new National Minimum Wage (NMW) determination which will go up from R25,42 to R27,58 for each ordinary hour worked. | In a statement on Saturday, the Department of Employment and Labour said the new NMW will come into effect from 1 March 2024. | "The National Minimum Wage determination also includes the vulnerable sectors of farm workers and the domestic workers — whom since 2022 were aligned with the NMW rates. | "However, the workers employed on an expanded public works programme are entitled to a minimum wage of…

Unitarian Universalist S.F. Forum (2024-02-05). Sunday 2/11: "The Road Home: A Discussion on Resolving Decades-Long Homelessness" indybay.org Unitarian Universalist Society | 1187 Franklin St. San Francisco, Ca. | Thomas Starr King room or via Zoom…

Unitarian Universalists of SF (2024-02-05). Sunday 2/11: Jennifer Friedenbach: The Road Home: A Discussion on Resolving Homelessness. indybay.org 1187 Franklin Street, San Francisco…

American Red Cross (2024-02-05). Hundreds of Thousands in Türkiye and Syria Still Homeless One Year after Deadly Earthquake. youtube.com

_____ (2024-02-05). 'We Are Dying Slowly:' Palestinians Are Eating Grass and Drinking Polluted Water as Famine Looms Across Gaza. transcend.org 31 Jan 2024 – Hanadi Gamal Saed El Jamara, 38, says sleep is all that can distract her children from the aching hunger gnawing at their bellies. These days, the mother-of-seven finds herself begging for food on the mud-caked streets of Rafah, in southern Gaza. She tries to feed her kids at least once a day, she says, while tending to her husband, a cancer and diabetes patient.

Ahmed Abdulkareem, MintPress News. (2024-02-04). Ansar Allah Discusses The Prospects Of Escalation, Yemen Blockade And More. popularresistance.org Following Israel's war and siege against Gaza, which began in earnest on October 7 of last year and has resulted in the deaths of tens of thousands of Palestinians, the Yemeni Army led by Ansar Allah declared a military operation against Israel. Its aim: to compel Tel Aviv to cease its destructive war on Gaza. | No stranger to famine, genocide, and the displacement of civilians thanks to a decade-long war waged against its people led by Saudi Arabia and the United Arab Emirates and backed by the United States, Ansar Allah has led arguably the most consequential resistance to Israel's bloody campaign in the Gaza S…

Chris Mills Rodrigo (2024-02-05). It's Not 'Inflation' — We're Just Getting Ripped Off. Here's Proof. inequality.org Many Americans are still experiencing the sticker shock they first faced two years ago when inflation hit its peak. But if inflation is down now, why are families still feeling the pinch? The answer lies in corporate profits — and we have the data to prove it. Our new report for the Groundwork Collaborative finds that corporate profits accounted …

Michaela Herrmann, DeSmog. (2024-02-05). Norway Farmed Salmon Industry Accused Of 'Food Colonialism'. popularresistance.org Producers in Norway, the world's top supplier of farmed salmon, are pushing up to four million people in West Africa into food insecurity and depriving them of critical nutrients, according to a new report. | Published by food and farming campaign group Feedback Global, the research states that major farmed fish and aquafeed producers — including European transnational companies Mowi, BioMar, Cargill, and Skretting — are between them extracting nearly two million tonnes of whole, wild fish annually from the world's oceans, according to 2020 data. | The majority of these small, highly nutritious fish a…

Action Against Hunger USA (2024-02-05). NGO Statement on Humanitarian Impacts of Potential U.S. FTO Designation in Yemen. reliefweb.int Country: Yemen | Sources: Action Against Hunger USA, Adventist Development and Relief Agency International, CARE International, International Rescue Committee, Islamic Relief, Mercy Corps, Norwegian Refugee Council, Oxfam, Save the Children | Washington D.C, February 5, 2024 — As NGOs responding to the crisis in Yemen, we are deeply concerned over the potential humanitarian consequences of U.S. legislation requiring the designation of Ansar Allah, the de facto authorities for more than 70% of Yemen's population, as a Foreign Terrorist Organization (FTO). The humanitarian community has consistently raised…

newarab (2024-02-05). Afghans share desperation and dismay as they go hungry. newarab.com Khurma had to borrow her neighbour's shoes to walk to Pul-e Alam city to collect a cash handout being given to the growing number of vulnerable Afghans who are struggling to survive the winter. | "We are desperate… When we can't find any bread, we go to bed on an empty stomach" | The 45-year-old widow waited in her threadbare blue burqa to receive 3,200 Afghanis ($45) from the UN World Food Programme (WFP) in the eastern Afghan city, where temperatures can drop well below freezing. | "We are desperate," the mother-of-six said. "When we can't find any bread, we go to bed on an empty stomach." | She is one of…

newarab (2024-02-04). Afghans share desperation and dismay as they go hungry. newarab.com Khurma had to borrow her neighbour's shoes to walk to Pul-e Alam city to collect a cash handout being given to the growing number of vulnerable Afghans who are struggling to survive the winter. | "We are desperate… When we can't find any bread, we go to bed on an empty stomach" | The 45-year-old widow waited in her threadbare blue burqa to receive 3,200 Afghanis ($45) from the UN World Food Programme (WFP) in the eastern Afghan city, where temperatures can drop well below freezing. | "We are desperate," the mother-of-six said. "When we can't find any bread, we go to bed on an empty stomach." | She is one of…

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