Daily Archives: October 12, 2022

2022-10-12: News Headlines

_____ (2022-10-12). Debt agony throws the US against the Arab world. journal-neo.org Due to the US administration's policy of continuous borrowing, including to finance the armed conflict in Ukraine, amid record inflation and fears of an impending recession, public debt exceeded $31 trillion for the first time. The Federal Reserve continues to raise interest rates, but tighter lending policies are causing the federal government to spend $ 0 …

Staff (2022-10-12). Possible response to Russia use of nuclear weapons discussed. en.mehrnews.com TEHRAN, Oct. 12 (MNA) — The US administration was engaged in discussions on a possible response to Russia's hypothetical use of a tactical nuclear weapon in Ukraine, US President Joe Biden said.

Staff (2022-10-12). EU reiterates claims on Iran delivering drones to Russia. en.mehrnews.com TEHRAN, Oct. 12 (MNA) — The spokesman for the European Union made baseless claims about the involvement of Iranian drones in Russia's Ukraine operation on Wednesday, saying such actions would have serious consequences.

Staff (2022-10-12). Medea Benjamin & Nicolas Davies: Negotiations "Still the Only Way Forward" to End Ukraine War. democracynow.org The Biden administration has ruled out the idea of pushing Ukraine to negotiate with Russia to end the war, even though many U.S. officials believe neither side is "capable of winning the war outright," reports The Washington Post. This comes as the war in Ukraine appears to be escalating on a number of fronts, with Russian President Vladimir Putin accusing Ukraine of committing a "terrorist act" and launching the largest strikes on Ukraine in months. For more on the war, we speak with CodePink co-founder Medea Benjamin and independent journalist Nicolas Davies, the co-authors of the forth…

WSWS (2022-10-12). IMF cuts growth forecast amid warnings of global recession. wsws.org Despite the worsening economic outlook, the IMF is insisting there must be no letup in the interest rate hikes by central banks, spearheaded by the US Federal Reserve, which are bringing financial turmoil and recession.

Freedom Socialist Party (2022-10-12). Sunday 10/30: A Marxist Look at Capitalism's Meltdown. indybay.org 747 Polk St. @ Ellis, San Francisco or via zoom tinyurl.com/MarxistLookCapitalismMeltdown

Sabrina Syed (2022-10-12). Bangladesh: The struggle for liberation after colonial rule. greenleft.org.au The expansion of capitalism, through globalisation and imperialism, has caused social exclusion, poverty and environmental degradation in Bangladesh, writes Sabrina Syed.

____ (2022-10-12). Asteroid's path altered in NASA's DART mission. ecns.cn The spacecraft NASA deliberately crashed into an asteroid last month succeeded in nudging the rocky moonlet from its natural path into a faster orbit, marking the first time humanity has altered the motion of a celestial body.

Staff (2022-10-11). Russia does not threaten anyone with nuclear weapons: FM. en.mehrnews.com TEHRAN, Oct. 11 (MNA) — Russia does not threaten anyone with nuclear weapons, Western capitals are introducing nuclear rhetoric, trying to make it look like Moscow is preparing to deliver strikes WMDs, Deputy FM Ryabkov said.

Internationalist 360 ∞ (2022-10-11). Recrudescence of the Russia-Ukraine Conflict: Zelensky's Capitulation or Total Collapse of Europe. libya360.wordpress.com Yoselina Guevara López This Tuesday, October 11, the Russian Federation carried out a new massive attack against energy and military targets in Ukraine. According to information issued by the Russian Ministry of Defense, the Russian Armed Forces used in the operation long-range precision weapons, both air and sea, against military installations and pre-selected targets of…

Dana Sanchez (2022-10-11). CEO Of Largest US Bank JP Morgan Chase: Fed Will Push US Into Recession In 6-9 Months. moguldom.com The U.S. economy is "actually still doing well" but the prognosis for the economic future is "very, very serious," said JPMorgan Chase CEO Jamie Dimon. Dimon warned that the U.S. and global economy are likely be a recession by the middle of 2023, according to an Oct. 10 CNBC interview. Interest rates rising more than expected, runaway inflation, …

Anand Naidoo (2022-10-11). The Heat: IMF and World Bank meeting. america.cgtn.com In the next four years, losses from a potential worldwide recession could equal the equivalent of the German economy. That's the prediction of the Managing Director of the International Monetary Fund, Kristalina Georgieva. The annual IMF and World Bank meetings are underway here in Washington …

_____ (2022-10-11). Qatari and US gas won't save Europe. journal-neo.org Experts estimate that in order to avoid a catastrophic fall in GDP and the risk of a prolonged economic depression, the total public spending by European countries to mitigate the energy collapse unleashed by Washington will have to exceed ‚Ǩ1 trillion! A crisis of this magnitude would result in more bankruptcies and a domino effect …

Brett Wilkins (2022-10-11). Activists Disrupt Meeting to Demand 'Loan Sharks' IMF and World Bank Cancel All Debt. commondreams.org "We need localization and ecological sustainability for the people, planet, and peace," said CodePink's Nancy Mancias. "We are calling on the IMF and World Bank to end its debt trap monetary practices which are causing countries to sink further down into economic crises."

WSWS (2022-10-11). US transforming Taiwan into "giant weapons depot" wsws.org A New York Times article last week revealed the extent of US military preparations underway to transform Taiwan into a heavily armed camp as the Biden administration goads Beijing into taking military action.

Staff (2022-10-11). VIDEO: Footage of IRGC missile, drone op. against terrorists. en.mehrnews.com TEHRAN, Oct. 11 (MNA) — The footage shows the moment when Iran's Islamic Revolution Guards Corps (IRGC) missiles and drones hit the positions of terrorist groups operating near the country's northwestern borders in Iraq's Kurdistan region.

Kamal Iranidoost (2022-10-11). Biden re-evaluating ties with Saudis after OPEC decision. en.mehrnews.com TEHRAN, Oct. 11 (MNA) — US president is re-evaluating the US relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production, White House national security spokesman John Kirby said on Tuesday, according to media.

Caitlin Johnstone (2022-10-10). A Good And Righteous Proxy War Wouldn't Need Such Cartoonish PR. thealtworld.com Listen to a reading of this article: | Star Wars megastar Mark Hamill was recently named an ambassador for United24, the fundraising platform of the Ukrainian government, where From The Times: "In this long and unequal fight, Ukraine needs continuous additional support. That's why I was honoured President Zelensky asked me to become an ambassador for the Army of Drones," Hamill, who played Luke Skywalker, said in a statement. "I know f…

2022-10-12 13:18:27 | 13:18 EST | es | 20 | 1 | 9 | 9 | 0