2024-05-09: News Headlines

Ellen Brown (2024-05-09). Tackling California's Budget Crisis: Raise Taxes, Cut Programs, or Form a Bank? dissidentvoice.org In 2022, the state of California celebrated a record budget surplus of $97.5 billion. Two years later, according to the Legislative Analyst's Office, this surplus has plummeted to a record budget deficit of $73 billion. Balancing the budget will be challenging. Unlike the federal government, the state cannot just drive up debt and roll it …

WSWS (2024-05-09). The working class must take up the fight against the genocide in Gaza and in defense of democratic rights. wsws.org The ruling class is terrified of the student protests because it can arouse the working class. A strike vote by graduate students in California shows there is a growing recognition that the methods of class struggle are required.

Press Associates (2024-05-09). Letter Carriers launch "Stamp Out Hunger" food drive, look to increase donations. peoplesworld.org WASHINGTON —With 44 million people in the U.S., including 15 million kids, going to bed hungry every night, the Letter Carriers kicked off their annual "Stamp Out Hunger" food drive with a ceremony at union headquarters on May 8. The drive, which depends on voluntary donations of non-perishable food, or cash, or both, helps re-stock …

David Hill, Christine Whit (2024-05-09). Cozy with lobbyists: Ohio county negligent in managing $33 million Israel Bonds debt. peoplesworld.org Read earlier articles in this series: > Bad investment: Ohio county treasurer sinks public money into Israeli government bonds > Ohio: Franklin County treasurer attends Netanyahu meeting, steps up Israel Bond purchases COLUMBUS, Ohio—Representatives of Israel Bonds maintain frequent and close contact with Franklin County Treasurer Cheryl Brooks Sullivan and members of her staff, according …

latintimes (2024-05-09). Chinese City Lifts Curbs On Buying Homes As Property Crisis Bites. latintimes.com One of China's wealthiest cities said Thursday it would lift all restrictions on buying homes, joining a growing list of urban areas rolling back curbs as they look to prop up the faltering property market.

Ana Luisa Brown (2024-05-09). Media reports increase in US-Cuba flights. plenglish.com According to an article published in Granma newspaper, one of the objectives of American Airlines' participation in the recently held International Tourism Fair (FITCuba 2024, May 1-5) was to advance in the growth of air connectivity between Miami and Cuba. | American Airlines representative in Cuba Ramon Jimenez explained that the airline -one of the biggest ones in the United States and the world- is currently working on several projects related to airport facilities. | He added that the goal is to achieve an efficiency that allows sustaining operations effectively. | Proof of this is that in 2023, with the su…

Ileana Ferrer Fonte (2024-05-09). Vladimir Putin meets with Cuban President Diaz-Canel at Kremlin. plenglish.com Moscow, May 9 (Prensa Latina) Cuban President Miguel Diaz-Canel met on Thursday with his Russian counterpart, Vladimir Putin, at the Grand Kremlin Palace on Thursday, during his working visit to Russia. The meeting took place after the Cuban head of State's participation in the military parade in Moscow's Red Square to commemorate the 79th anniversary of the Victory in the Great Patriotic War.

WSWS (2024-05-09). Australian state Labor government austerity budget targets health, education, social services. wsws.org The austerity budget is another demonstration of the ruthlessly pro-business, anti-working class character of the Victorian state Labor government.

The Independent (2024-05-09). Kenya's agritech startup iProcure placed under administration. independent.co.ug At least 10 Kenya-based startups, including Notify Logistics, WeFarm and Kune, have shut down since 2021 because of worsening macroeconomic conditions ANALYSIS | ADONIJAH NDEGE | iProcure, the Kenyan agritech startup backed by Safaricom's Spark Fund, is now under administration after failing to settle undisclosed debts. KPMG's advisory arm has been appointed the administrator and tasked …

ecns.cn (2024-05-09). Xi says ready to jointly promote high-level development of China-Hungary ties. ecns.cn Chinese President Xi Jinping expressed on Thursday his readiness to foster a good working relationship and friendship with Hungarian President Tamas Sulyok.

Agence France-Presse,Associated Press (2024-05-09). Panama Papers law firm co-founder Ramon Fonseca dies in hospital, lawyer says. scmp.com Ramon Fonseca, a partner in the law firm at the centre of the Panama Papers scandal over the hiding of wealth in offshore entities, has died. He was 71.

Khushboo Razdan (2024-05-09). New US and China climate envoys, seeking show of progress, meet for first time in Washington. scmp.com Bilateral working group sessions meant to build on agreements reached last year and restore top-level engagement as pledged at Xi-Biden summit.

Eric Toussaint (2024-05-09). The World Bank and the IMF: the creditors' bailiffs. 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 (2024-05-09). The World Bank saw the debt crisis looming. cadtm.org

Eric Toussaint (2024-05-09). The Mexican debt crisis and the World Bank. cadtm.org

newarab (2024-05-09). Israel Rafah attack may be south Gaza famine 'tipping point'. newarab.com An Israeli forces seized southern Gaza's Rafah border crossing with

newarab (2024-05-09). US delays report on whether Israel broke international law. newarab.com US President The State Department had been working for months on the review, which was set to determine whether Israel violated international humanitarian law since the war on Gaza started in October. | If it was found that Israel was indeed violating in…

presstv.ir (2024-05-09). Smoke clouds billow over Berlin after fire at factory with chemicals storage. presstv.ir A large fire at a Berlin metalworking factory on the outskirts of the German capital led to plumes of black smoke on Friday.

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