Hear comes the corporate debt purchases.
Archive | Newswire
Democracy in Brazil would not be normal, Bolsonaro threatens
The far-right president hints that a regime more authoritarian than Chile’s Augusto Pinochet dictatorship could be the “price to pay” due to the “chaos” that the “small flu” triggers.
We won’t go back to normal, because normal was the problem
It is hard to remember that just a few weeks ago, the planet was in motion. There were protests in Delhi (India) and Quito (Ecuador), eruptions against the old order that ranged from anger at the economic policies of austerity and neoliberalism to frustration with the cultural policies of misogyny and racism. Ingeniously, in Santiago […]
In light of the Global pandemic, focus attention on the people
SARS-CoV-2 or COVID-19, now declared a global pandemic by the World Health Organisation, has begun to wreak havoc in large parts of the world, with other parts waiting in anticipation. We are in a real struggle, which needs total mobilisation; a struggle that needs to put life before profit.
Venezuela’s Coronavirus response might surprise you
Within a few hours of being launched, over 800 Venezuelans in the U.S. registered for an emergency flight from Miami to Caracas through a website run by the Venezuelan government. This flight, offered at no cost, was proposed by President Nicolás Maduro when he learned that 200 Venezuelans were stuck in the United States following […]
Venezuela: U.S. blocks flights to repatriate citizens amid COVID-19
Arreaza reiterated that the request for humanitarian flights responds to a request made by Venezuelans themselves to the Venezuelan Attention System in the United States.
Unions welcome government’s decision to renationalise rail services
However it should not have taken a pandemic to bring rail back into public ownership, trade unionists say.
The Federal Reserve’s Coronavirus crisis actions, explained (Part 1)
The Federal Reserve has taken an extraordinary amount of actions over the past two weeks (most of which have happened over the course of 8 days from March 15th to March 23rd) to calm financial markets and sustain the flow of credit to households and businesses to respond to the coming Coronavirus-induced depression.
How market reforms made the NHS vulnerable to pandemics
A 2014 report warned that reforms to the NHS would make it vulnerable to pandemics – by making staff redundant, undermining public health and defining spare capacity as waste. It was ignored.
Arrest the virus, free the prisoners!
We cannot allow the capitalist ruling class to turn a blind eye to the plight of the incarcerated population — not in general, nor in the particular circumstance of the global pandemic of Covid-19. In the U.S., there are 2.3 million human beings in state, federal, and county jails and more than 52,000 in immigrant […]
Donald Trump says America’s ventilator shortage was “unforeseen.” Nothing could be further from the truth
IN RECENT DAYS, President Donald Trump has repeatedly defended his administration against the suggestion that the government is failing to secure enough ventilators – medical devices that help Covid-19 patients breathe and can save the lives of those suffering serious respiratory distress.
Some basic lessons from the pandemic
The coronavirus attack has so far been much less deadly than the Spanish flu of a century ago. That had affected 500 million people worldwide, about 27 per cent of the world’s population of the time, and had a death rate of about 10 per cent among those affected.
What the government needs to do next
Tax rebates, tax cuts and business bailouts will not solve this crisis. Here’s what’s needed.
Jeff Bezos, World’s richest man, wants your donations to help Amazon employees
A man worth over $100 billion, who makes, on average, $230,000 per minute calling on the public to help his own impoverished employees was not met well by many.
Can the U.S. pull off a November Election? Journalists play a critical role
It might be easy to forget, given the crisis enveloping the world at the moment, that the United States is scheduled to hold a very important election in November.
Unemployment pandemic
Capitalist crises are neither predictable nor do they stem from a single cause. Instead, at least as I see it, the possibility of a crisis is always there but the causes and triggers are all historical and therefore multiple and varied.
With the public distracted, Interior Department moves full speed ahead on oil and gas leases
We are currently in a state of national emergency thanks in no small part to the Trump administration’s muzzling of public health experts and slow response to the COVID-19 pandemic.
COVID-19: THE TRUTH – Gov’t docs emerge to show how they’ve failed us all
In October 2016 the UK government ran a national pandemic flu exercise. It was codenamed Exercise Cygnus. The report of its findings was not made publicly available, as part of the general antipathy towards the NHS in general by the Conservative party. But the then chief medical officer Sally Davies commented on what she had […]
Anti-capitalist politics in the time of COVID-19
When trying to interpret, understand and analyze the daily flow of news, I tend to locate what is happening against the background of two distinctive but intersecting models of how capitalism works.
The COVID-19 debt deluge
How long the COVID-19 crisis will last, and what its immediate economic costs will be, is anyone’s guess. But even if the pandemic’s economic impact is contained, it may have already set the stage for a debt meltdown long in the making, starting in many of the Asian emerging and developing economies on the front […]
