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Why Coinbase’s balance sheet has massively inflated
Coinbase recently filed its interim financial report. It makes pretty grim reading. A quarterly net loss of over $1bn, net cash drain of £4.6bn in 6 months, fair value losses of over 600k…
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Puerto Rico’s colonial government collapses
For the first time in its history, the people of Puerto Rico are seeing the total collapse of the island’s colonial administration, mainly due to the open corruption of the two traditional parties, both of which promote integration into the United States and/or the permanence of the colonial regime.
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The sword of Bolivar is wielded again by the people of Latin America
On August 7, 2022, Gustavo Petro and his running mate, Francia Márquez, were inaugurated as the President and Vice-President of the Republic of Colombia.
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Dr. Oz pushes Medicare privatization for all
The New Jersey TV doctor wants to privatize Medicare—and tax workers to boost the profits of insurance giants whose stock he owns.
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Achieving Earth for all
Because the changes needed to achieve sustainable well-being for everyone are so big, they require determined social movements with wide participation. But while history shows that inertia and defeatism can become self-fulfilling, it also shows that governments ultimately have to respond to popular pressure–or be replaced by it.
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Sleeping at the wheel: The Uber Files, the media, and the coup against labor rights
The recent reporting on the Uber Files—a series of 124,000 communications, dated from 2013 until 2017, that Mark McGann, one of Uber’s top lobbyists, leaked to The Guardian—has shed light on the company’s strategies to gain global prominence during its nascent years.
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Who is Mick Lynch?
The rail workers’ leader offers the most visible opposition to Britain’s Tory government.
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A Unity of Opposites: The Dengist and the Red Guard
What would Losurdo and Badiou say about each other’s views on Mao? Losurdo would likely consider Badiou to be infected with Western Marxist abstractions and anarchism in his celebration of mass rebellion and disregard for the needs of realism. By contrast, Badiou would no doubt consider Losurdo to be a Stalinist cop, with his defense of order, normalcy, and the bureaucratic party-state.
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When people want housing in India, they build it: The Thirty-Third Newsletter (2022)
It all started with a survey. In April 2022, members of the Communist Party of India (Marxist), or CPI(M), went door to door in the town of Warangal in Telangana state. The party was already aware of challenges in the community but wanted to collect data before working on a plan of action.
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Top Biden official: ‘U.S. would overthrow Colombia’s new left-wing president 40 years ago’
Biden’s top Latin America advisor Juan González threateningly said of Colombia’s new left-wing president, “40 years ago, the United States would have done everything possible to prevent the election of Gustavo Petro” and “sabotage his government.”
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Poland says Ukraine must recognise Bandera’s genocide during WWII
Ukraine must acknowledge the genocide of Poles by the Ukrainian Insurgent Army (UPA) in World War II, a Polish official says.
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Mexican drought spurs a South Texas water crisis
Reservoirs in the Rio Grande Valley are running dry—sparking emergency water conservation measures.
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Lawfare as an imperialist weapon: the case of the Venezuelan plane
The subject relayed in the title is becoming more and more complicated. The Argentinian “justice” system, through the actions of the federal judge of Lomas de Zamora, Federico Villena, and Federal Attorney Cecilia Incardona, is determined to retain the EMTRASUR plane and its crew in Argentina even at the price of violating the fundamentals of law (such as the presumption of innocence) to comply with the seizure order issued by U.S. authorities.
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Cuba strides ahead in research of new Alzheimer’s treatment
Cuban scientists have announced the next stage of research on NeuralCIM, a neuroprotective drug for Alzheimer’s disease and other forms of dementia.
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Washington’s sanctions on Chinese solar panels: U.S. domestic deployment falls by 50% – global prices up by 30-40%
The U.S. publication pv magazine reported on 16 August 2022 that a large quantity of Chinese solar panels had been seized by U.S. customs authorities. The seizure were carried out under U.S. anti-China legislation, the so-called “Uyghur Forced Labor Prevention Act” (UFLPA).
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Kaiser clinicians strike against ‘separate and unequal’ mental health care
Thousands of Northern California Kaiser Permanente mental health clinicians, members of the National Union of Healthcare Workers (NUHW), are on strike.
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Tackling the housing crisis with public power
Rhode Island is using COVID stimulus money to become a public housing developer — a monumental first step towards building a just housing delivery system.
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62% of Americans worried about paying rent in 2023
A June poll reveals American citizens’ anxieties on paying for housing in the coming year.
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With trumpian claims of cheating, Starbucks demands halt to union elections
“Unfortunately, it’s now in vogue for the losers of some elections nationwide to attempt to reverse elections by any means they think are necessary,” said Starbucks Workers United.
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Boric, the promise to re-found Carabineros and the support that ended up being carte blanche for police violence
The President of Chile, Gabriel Boric, during his campaign promised to reform the country’s uniformed police.