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textComments on David North and Joseph Kishore’s Letter by Peter Ross (Permanent Revolution repost)
Peter Ross explains why he believes the Socialist Equality Party slandered Shuvu Batta....
Posted: Tue Apr 27, 2021 6:15PM
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
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
textUnrelenting e-mails from Gov. Newsom by CA Voter
Unrelenting e-mails from Gov. Newsom. It's enough to make me want to support his recall!...
Posted: Sat Mar 27, 2021 7:27PM
textCorporate Tax Avoidance in the First Year of the Trump Tax Law by ITEP
The tax breaks identified in this report are highly concentrated among a few very large corporations. Just 25 companies claimed $37.1 billion in tax breaks in 2018. That’s almost exactly half the $73.9 billion in tax subsidies claimed by all 379 companies in our study....
Posted: Fri Mar 26, 2021 3:00PM
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
textWe can do to the Senate what Brits did to the House of Lords by The Daily Beast
After two centuries as an anti-Democratic force, the Senate needs to adapt or it might wake up one day and find that its powers have been stripped down to ceremonial engagements. Don’t laugh! Our neighbors from across the pond not too long ago did exactly this to the House of Lords....
Posted: Mon Mar 22, 2021 8:05AM
text3/20 Lee Siu Hin: The Epoch Times, Trump’s Favorite Cult Propaganda Machine by Lee Siu Hin
The Epoch Times, the propaganda arm of the U.S.-backed Chinese cult Falun Gong, has built an unholy alliance among anti-China, anti-communist Republicans, far right domestic terrorists, and Donald Trump......
Posted: Sat Mar 20, 2021 10:24PM
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
textTreasury Secretary Yellen and Religious Leaders Hold Historic Meeting on COVID Response by Zach Conti
Debt Relief, Transparency, Climate, Aid, Puerto Rico, SDR Reserves and Bankruptcy Discussed...
Posted: Tue Mar 16, 2021 3:37PM
textNazi Trump May Campaign to Recall Gov Newsom by Never Forgive, Never Forget
March 17, 2021 is the official filing deadline for the Republican Recall petitions to recall Democratic Gov Newsom and the Republican Party claims they have enough because the threshold is so low, about 12% of voters in the last election. It should be 25% of voters. AUTOMATICALLY, if the recall succeeds, a Republican governor will be installed who by definition opposes an increase in the minimum wage, opposes abortion, and supports Nazi Trump....
Posted: Mon Mar 15, 2021 7:56PM