2024-02-12: News Headlines

Jim Hightower (2024-02-12). Turning Down Food Aid for Poor Children is Shockingly Callous. counterpunch.org This plot line could have come from one of Charles Dickens' novels about upper-class depravity: "Miserly governors refuse to provide gruel for poverty-stricken ragamuffins." Unfortunately, this is not a novel, but modern-day reality taking place in 15 states, where right-wing officeholders have scorned a federal program to provide food this summer for millions of children mired

Eric Toussaint (2024-02-12). Russia: Origin and consequences of the debt repudiation of February 10, 1918. cadtm.org

Eric Toussaint (2024-02-12). Why the Marshall Plan ? 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 (…) | – | / |

Greg Ruiters, Patrick Bond (2024-02-12). South Africa's failed infrastructure privatisation and deregulation. cadtm.org Introduction
| The South African state is commonly said to be 'failing' — not only because yet again at the end of 2023, a recession hit. An alleged fiscal crisis, in the form of a public debt to GDP ratio in excess of 70 percent (mostly due to Covid-19 revenue shrinkage), prevents the kind of institutional rescue and expansion of infrastructure and services typical of prior eras of developmental- or welfare-state construction.
| A typical articulation of the terrain of infrastructure financing (…) | – |

Strike Debt Bay Area (2024-02-12). Sunday 3/10: Strike Debt Bay Area Book Group: How Infrastructure Works. indybay.org Email strike.debt.bay.area@gmail.com a few days beforehand for the online invite.

albawaba (2024-02-11). Israel struggling to fund war, resorts to selling bonds. albawaba.com ALBAWABA — The aggression on the Gaza Strip seems to be tightening the strain on the Israeli economy, causing the government to sell bonds in close to all-time-high numbers, as reported by Bloomberg, who's according to anonymous financial officials add that the Israeli government will rely significantly on Shekel debt markets as it expands its issuances.Pressure on Israel's budget increased heavily after Moody's Investors Service dropped Israel's credit rating from A1 to A2 as well as lowering its outlook to 'Negative', citing potential escalations with Lebanon's Hezbollah on Israel's northern parts as the…

Eric Toussaint (2024-02-11). Russia: Origin and consequences of the debt repudiation of February 10, 1918. cadtm.org

Eric Toussaint (2024-02-11). 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 (2024-02-11). Why the Marshall Plan ? 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 (…) | – | / |

Henry Giroux (2024-02-12). Youth & Memories of Hope in the Age of Disposability: The Personal & the Political. indybay.org Youth and Memories of Hope in the Age of Disposability: Connecting the Personal and the Political. There is a war raging in neoliberal societies, especially in the United States, especially against working-class youth, Black and Brown youth, and impoverished youth.

newsnetwork.mayoclinic (2024-02-12). Heart attack symptoms in women are often different than men. newsnetwork.mayoclinic.org MANKATO, Minn. — Sweating, nausea, dizziness and unusual fatigue may not sound like typical heart attack symptoms. However, they are common for women and may occur more often when resting or asleep.Unlike with men, pain, pressure or discomfort in the chest are not always severe or even the most prominent heart attack symptom in women. That's why women need to understand their unique symptoms while also working to reduce their risk of heart disease. "It's…

newsnetwork.mayoclinic (2024-02-12). Mayo Clinic Minute: Closing the gaps in cancer care. newsnetwork.mayoclinic.org 2024 could mark a grim milestone in the battle against cancer. In January, the American Cancer Society announced that, for the first time ever, new cancer cases could exceed the 2 million mark. Early detection and the right treatment are among the best weapons to fight cancer. However, today many people don't have equitable access to cancer care because of systemic barriers and health disparities. Mayo Clinic is working to change that with strategic initiatives aimed at health…

WSWS (2024-02-12). German trade unions and employers' associations renew their pact against the working class. wsws.org President Steinmeier invited the unions and employers to his official residence to discuss their support for the government's policies of social cuts and war.

WSWS (2024-02-12). Amid furor over Biden's age and acuity: The deeper issues in the Democratic Party crisis. wsws.org The political crisis in the United States is rooted in the global crisis of capitalism, which threatens working people with war, social austerity and dictatorship.

WSWS (2024-02-12). New Zealand government uses Waitangi Day to stoke racial divisions. wsws.org The far-right ACT Party, a widely-despised member of New Zealand's coalition government, is actively stoking racism by falsely portraying indigenous Māori as privileged. The aim is to divide the working class and divert attention from attacks on living standards.

GABIK (2024-02-11). Work underway to return units affected by boiler tube leaks. sanews.gov.za Work underway to return units affected by boiler tube leaks | Minister in the Presidency for Electricity, Dr Kgosientsho Ramokgopa, says teams are working around the clock to return to service the units that have contributed to load shedding being intensified to stage 6. | Giving an update on the performance of the grid following the escalated levels of load shedding, Ramokgopa on Sunday said boiler tube leaks at nine units contributed to the load shedding being bumped up to stage 6. | Ramokgopa said from Wednesday, Thursday and Friday, 4 400 megawatts were taken off the grid. | "Eskom management has taken a deci…

Henry Giroux (2024-02-11). Youth & Memories of Hope in the Age of Disposability: The Personal & the Political. indybay.org Youth and Memories of Hope in the Age of Disposability: Connecting the Personal and the Political. There is a war raging in neoliberal societies, especially in the United States, especially against working-class youth, Black and Brown youth, and impoverished youth.

Global Communities (2024-02-11). oPt: 'Survival, Resilience and Solidarity': Our Relief Efforts in Gaza. reliefweb.int Country: occupied Palestinian territory | Source: Global Communities | By Maureen Simpson | Now over four months in, the humanitarian crisis in Gaza has reached catastrophic levels, with one in four households facing famine levels of food insecurity and severely limited access to safe water. | "Our mornings begin with a silent check — are the kids, is everyone, alright?" said Mohammad, one of 74 staff members from Global Communities who is still on the ground in Gaza and the West Bank. "Our needs have undergone a profound transformation. The priorities of our past seem distant now; our focus is singular…

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