Daily Archives: July 19, 2022

2022-07-19: News Headlines

Dave DeCamp (2022-07-19). Europe Facing Major Economic Crisis from Sanctions Campaign Against Russia. news.antiwar.com The US-led sanctions campaign against Russia has done nothing to stop the war in Ukraine or hurt Vladimir Putin, but the toll continues to mount on Western economies and there are The euro has reached a 20-year low against the dollar, inflation is at a record-high 8.6%, and economists are predicting a recession if the EU is cut off from Russian gas. Russia has already stopped supplying some EU members for their refusal to pay in rubles…

Murad Qureshi (2022-07-19). Two trillion dollars for war versus a hundred billion to save the planet. greenleft.org.au As the climate crisis deepens, rich states refuse to seriously fund climate adaptation and have reneged on agreements such as the 1997 Kyoto Protocol, while spending trillions on militarisation and war, writes Murad Qureshi.

____ (2022-07-19). U.S. urged to stop selling weapons to Taiwan. ecns.cn The United States should stop all of its arms sales to Taiwan, according to Senior Colonel Tan Kefei, a spokesman for the Ministry of National Defense.

Yanis Iqbal (2022-07-19). Six Theses on Imperialism. orinocotribune.com By Yanis Iqbal &#1 ; Jul 16, 2022 | 1.- During the Middle Ages and early modern period, the West occupied a marginal position in the world-system. In the Middle East, China, Japan and India, productive forces were equally or more developed. The emergence of capitalism in Europe was driven by intensifying class antagonisms between the feudal ruling classes and peasants and artisans, which resulted in the victory of the latter. Similar conflicts in China, Japan, India and the Middle East could not create a bourgeois rupture due to the entrenched power of landed elites and state bureaucracies, which discouraged merc…

____ (2022-07-18). Graduates encouraged to look at jobs at grassroots. ecns.cn According to figures by the National Bureau of Statistics released on Friday, the surveyed unemployment rate of young people aged 16 to 24 was 19.3 percent in June. By comparison, the same figure for June 2019, before the pandemic hit, was 11.9 percent.

Staff (2022-07-19). Cuadrando la Caja: Evasión fiscal, causas y consecuencias (+ Video). cubadebate.cu El 17 de julio conversamos sobre la evasión fiscal en Cuba. | øCuáles son las principales causas de la evasión fiscal en nuestro país? øA quiénes afecta? øQué acciones podemos realizar desde el socialismo para evitar este delito?

WSWS (2022-07-19). Europe's "apocalypse of heat" highlights capitalism's climate crisis. wsws.org Thousands are dying, vast swaths of land are burning, and harvests are being destroyed as global warming makes heat waves and droughts ever more frequent and severe.

WSWS (2022-07-19). IAM calls for contract rejection after anger erupts over Boeing offer. wsws.org The IAM has called for the rejection of a contract offer by aircraft maker Boeing to workers at its St. Louis military aircraft operation that provided for a 5 percent raise, far below the current 9.1 percent annual rate.

Internationalist 360 ∞ (2022-07-18). Ukrainian Plane Crash Reveals US Deals of US-Sanctioned Serbian Arms Dealer. libya360.wordpress.com Dilyana Gaytandzhieva "White", according to the Greek authorities, can be seen at the site where the Ukrainian An-12 crashed on Saturday loaded with 11.5 tons of Serbian weapons en-route to Bangladesh with two scheduled technical landings in Amman (Jordan) and Riyadh (Saudi Arabia). Photo: AP The Serbian arms company Valir DOO which exported weapons on…

Dave DeCamp (2022-07-18). Russia Orders Troops to Target Ukraine's Western-Provided Long-Range Weapons. news.antiwar.com On Monday, Russian Defense Minister Sergey Shoigu "Army General Sergey Shoigu … instructed the commander to use surgical strikes and crush the enemy's long-range missile and artillery means," the Russian Defense Ministry said, Last week, an advisor to Ukrainian President Volodymyr Zelensky said that Ukrain…

____ (2022-07-18). 8 killed in Ukraine cargo plane crash. ecns.cn The An-12, a Soviet-built turboprop aircraft operated by the Ukrainian cargo carrier Meridian, crashed late Saturday. All eight bodies were found and are being recovered.

____ (2022-07-18). Why Russia Is Not Running Out Of Ammo. smoothiex12.blogspot.com The hint is in the latest statements by Vladimir Putin, Sergei Lavrov, Ushakov and many others. To put it in simple terms: Russia is NOT running out of ammo, high precision stand off weapons, tanks and aircraft because Russia was getting ready for the war with NATO (euphemism for combined West) in which even SMO is but one of many fronts and operations.

_____ (2022-07-18). Political 'Lame Ducks' are Fleeing the European Union. journal-neo.org The West, in its intention to hurt Russia with sanctions, has shot itself in the foot, many media outlets have been writing for a while now. The result is high inflation, energy and food shortages, recession, and many political and social problems that Europeans don't know how to deal with. The IMF itself admits that …

William Hartung (2022-07-18). The House Military Spending Bill Is a Massive Giveaway to the Weapons Industry. commondreams.org Lawmakers added $37 billion beyond what the Pentagon asked for, most of it going to defense contractors.

Prabhat Patnaik (2022-07-18). Scandinavia and imperialism. mronline.org There are many misconceptions about Scandinavian capitalism. A very common one is the belief that since the Scandinavian countries developed vigorous capitalist economies, without ever having acquired any colonies of their own, they constitute a clear refutation of the claim that capitalist development necessarily requires imperialism.

_____ (2022-07-17). Energy: The Recession Trigger? popularresistance.org There is confusion among mainstream economists and policy-makers on whether the major economies are heading for a recession, or are already in a recession; or will avoid one altogether. The majority view, at least in the US, is the latter. This optimistic view argues that, while inflation rates are high, they will start to fall over the next year, enabling the Federal Reserve to avoid hiking its policy interest rates too much to the point where it could restrict investment and spending. At the same time, the US unemployment rate is very low and the 'labour market' remains strong. Such a scenario hardly suggests a…

Fight Back (2022-07-17). Red Theory: The historic emergence of capitalism. fightbacknews.org Despite what bourgeois economists, the priests of property and profit, would have us believe, capitalism isn't the eternal way of things. It had a beginning, and it will have an end. As we begin our discussion of political economy, let's draw upon historical materialism to examine how capitalism arose. | Capitalism didn't arise out of nowhere, and it wasn't born from the minds of Adam Smith or David Ricardo. It emerged historically and materially from the womb of feudalism, and like any mode of production is limited and conditioned by what came before it. There are several phases in its history, from agrarian to…

_____ (2022-07-17). Ghost Stories Of Capitalism: Watching The Shutters Of Austerity Close. popularresistance.org By the end of the 1970s,U.S. capitalism entered its neoliberal phase where austerity and privatization reigned supreme. Federal agencies such as the Department of Housing and Urban Development (HUD) were reduced to near non-existence. Welfare was eradicated all together in 1996 and tens of thousands of public housing units were demolished or privatized under the Bill Clinton administration. CAP agencies either shut their doors permanently or offered only the services that were supported by a mixture of private philanthropy and meagre government subsidy. It was out of this environment that Tri-CAP formed to addres…

Colin Todhunter (2022-07-17). What Was Covid Really About? Triggering A Multi-Trillion Dollar Global Debt Crisis. "Ramping up an Imperialist Strategy"? globalresearch.ca If it was indeed about public health, why close down the bulk of health services and the global economy knowing full well what the implications would be? And why mount a military-style propaganda campaign to censor world-renowned scientists and terrorise entire populations…

_____ (2022-07-17). Biden The Warmonger Gets Played By The Saudis. popularresistance.org Jeddah, Saudi Arabia — On the second day of his trip to Saudi Arabia, President Joe Biden met with the leaders of the Gulf Cooperation Council (GCC)—Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates—along with Egypt, Jordan, and Iraq to discuss security issues, but particularly to push for a united front against Iran. Biden has spent much of his trip to the Middle East reinforcing the regional policies of his predecessor, Donald Trump, rather than implementing the policies on which he campaigned for president. And he is rightly taking heat for his meetings yesterday with S…

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