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textCongresswoman Jayapal Misses the Mark by Norman Solomon and Jeff Cohen
No way does Biden deserve an "A"...
Posted: Mon May 10, 2021 8:48AM
textSudan Debt Relief Moves Forward by Zachary Conti
Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut in its $50 billion debt this summer, according to the IMF and the World Bank....
Posted: Fri May 7, 2021 11:24AM
textUS Supports Removal of Vaccine Trade Barrier by Zachary Conti
As developing countries struggle to access vaccines, the US announced support to eliminate trade barriers on vaccine access....
Posted: Thu May 6, 2021 8:06AM
imagePelosi backs commission to cover up Republican complicity in January 6 coup attempt
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by Jacob Crosse, Barry Grey (WSWS repost)
The proposed commission, editorially endorsed by the New York Times, would have equal representation for the Republican Party, whose congressional representatives largely backed the effort by Trump to overturn the 2020 election and establish a presidential dictatorship....
Posted: Tue Apr 27, 2021 5:02AM
textBiden Vows Cut to US Emissions as Yellen Commits Full Power of Treasury to Address Climate by Zach Conti
Financial decisions play a critical role in solving climate change, advocated Treasury Secretary Yellen during a US-hosted climate summit....
Posted: Thu Apr 22, 2021 2:55PM
textJubilee USA Statement on IMF and World Bank Meetings and Development Committee Communiqué by Zachary Conti
The Development Committee, a ministerial-level consensus building and policymaking body for the World Bank and the IMF, met as part of the Spring IMF and World Bank Meetings....
Posted: Fri Apr 9, 2021 9:46AM
text260 Faith, Labor and Development Groups Press IMF, G20 and White House on COVID Response by Zachary Conti
Ahead of Spring IMF and World Bank Meetings, World's Largest Unions, Human Rights Groups, Environmental and Religious Institutions Call for Aid, Debt Relief, Access to Emergency Reserves and Climate Protections...
Posted: Wed Apr 7, 2021 8:13AM
imageEcuador Indigenous Leader Endorses Left Presidential Candidate
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by Harvey Goldberg
Jaime Vargas, President of Ecuador's largest Indigenous federation, CONAIE, endorsed Andrés Arauz, Presidential candidate for the Union for Hope, on April 3, 2021. Photo credit: El Comerico https://www.elcomercio.com/actualidad/vargas-apoyo-arauz-indigenas-amazonia.html...
Posted: Tue Apr 6, 2021 12:48PM
textIMF: Indebted Countries Suffer if US Interest Rates Rise by Zachary Conti
The IMF warns that rising US interest rates could impact the ability of developing countries to pay debt, leading to prolonged economic crisis....
Posted: Tue Apr 6, 2021 9:45AM
textIMF Reports Pandemic Economic Outlook Uncertain by Zachary Conti
Amidst Rising Inequality, Ninety Million Could Fall into Extreme Poverty...
Posted: Tue Apr 6, 2021 7:09AM
textIMF Cancels Debt for 28 Poor Countries into Fall of 2021 by Zachary Conti
The IMF Executive Board extended a process to cancel debt payments for the world's 28 poorest countries....
Posted: Mon Apr 5, 2021 9:11AM
textTreasury Notifies Congress of $650 Billion Emergency Reserves to Fight Global COVID Crisis by Zachary Conti
Washington DC –Treasury notified Congress of its support for $650 billion in IMF global reserves, also known as Special Drawing Rights (SDRs), to assist developing countries struggling with the coronavirus crisis. US law requires a ninety-day advance alert to Congress before the US votes for SDRs with the IMF board....
Posted: Fri Apr 2, 2021 7:12AM
textIMF Head: Global Recovery Uncertain as People Face Income Drops by Zachary Conti
International Monetary Fund head Kristalina Georgieva warned of an uncertain global recovery as the world struggles with the COVID spurred economic crisis. The IMF Managing Director stated concern that average incomes in developing countries faced drops of 20% and 11% in advanced economies. "This loss of income means millions of people will face destitution, homelessness, and hunger," reported Georgieva during her curtain raiser speech ahead of the Spring IMF and World Bank meetings....
Posted: Tue Mar 30, 2021 8:22AM
textPelosi names D.C. National Guard Commander William Walker to be House Sergeant-at-Arms by Jacob Crosse (WSWS repost)
The naming of military members to head the security of the House and Senate speaks to the intense crisis still roiling the capitalist state and the ongoing lack of trust between its security apparatus and Congress....
Posted: Mon Mar 29, 2021 11:28AM
imageBiden silent on rise in COVID-19 cases, justifies attacks on immigrants
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by Patrick Martin (WSWS Repost)
Seasoned Political analyst Patrick Martin at the World Socialist Web Site describes Biden's first press conference as president....
Posted: Thu Mar 25, 2021 11:40PM
textIMF Announces $650 Billion in Emergency Reserves Needed to Confront Pandemic Crisis by Zachary Conti
The International Monetary Fund announced $650 billion in emergency reserve funds are needed to confront the global coronavirus health and economic crisis....
Posted: Wed Mar 24, 2021 7:20AM
textThe Urgent Need for a Biden-Putin Summit by Norman Solomon
The current reckless abandon of diplomacy...
Posted: Tue Mar 23, 2021 12:01PM
imageWhy the Democratic Party can never be reformed
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by Eric London (WSWS repost)
A book by Democratic Party insiders inadvertently exposes how the party elected Biden by relying on identity politics and faithful stooges to crush genuine grassroots reform activism in 2020....
Posted: Tue Mar 23, 2021 9:51AM
textWhy Thousands Of Troops Are Still In Dc by Michael Webster
30,000 National Guard units summoned to the Capitol resembled an armed camp...
Posted: Sat Mar 20, 2021 12:39PM
textG7 Supports Emergency Funds for Developing Country COVID Relief by Zachary Conti
G7 finance ministers agreed to create emergency reserve funds for developing countries wrestling with coronavirus economic impacts....
Posted: Fri Mar 19, 2021 10:13AM