2020-10-13: News Headlines

_____ (2020-10-13). Changing To An Ecological Way Of Valuing National Economies. popularresistance.org The Global South is adversely impacted by the many crises that exist in this world – the climate crisis, pandemic, recession, war to name a few. Although the Global South is wealthy in terms of culture, biodiversity, knowledge and more, the way the Global North defines what is valuable contributes to economic inequality between the North and South and exploitation of peoples and the planet. Now, my guests Arnie Saiki and Chanzo Greenidge are challenging that paradigm with a new concept of intemerate accounting. The idea is receiving growing support by Pacific Island nations. They explain what it is and how social…

Dean Baker (2020-10-13). Waiting for a Vaccine: Killing for Inequality. counterpunch.org I have been harping on the fact that it is very likely China will be mass producing and distributing a vaccine at least a month, and quite possibly several months, before the United States. This should make people very angry. Even a month's delay is likely to mean tens of thousands of avoidable deaths and

Zach Conti (2020-10-13). IMF Economic Reports: Inequality and Poverty Rising Amidst COVID Crisis. indybay.org Analyzing the economic crisis spurred by the coronavirus, the International Monetary Fund released the Global Financial Stability Report and the 2020 World Economic Outlook Report, "A Long and Difficult Ascent." The economic outlook report projects global economic growth to contract 4.4%.

Staff (2020-10-12). Headlines for October 12, 2020. democracynow.org Trump Resumes Rallies, Declares He Is "Immune" as WH Doctors Refuse to Say If He Tested Negative, Fauci Says His Words Taken Out of Context in New Trump Ad, WH Blocks CDC Order on Face Masks on Public Transportation as U.S. COVID-19 Cases Continue to Rise, Stimulus Talks Still at Impasse After Dems and GOP Reject Latest WH Offer, SCOTUS Hearings Kick Off in Senate as Amy Coney Barrett's Anti-Abortion Beliefs in Spotlight, Trump-Biden Debate Canceled After Trump Refuses to Participate in Virtual Format, SC Senate Debate Turns into Candidate Forum After Lindsey Graham Refuses Coronavirus Test, Judge Rejects Trump E…

Brett Wilkins, staff writer (2020-10-12). 'Deep Sense of Despair': UNRWA Chief Says Palestinians Suffering Dual Pandemics of Covid-19 and Poverty. commondreams.org "In Gaza, people are going through the garbage," said Philippe Lazzarini. "More people are fighting to provide one or two meals a day to their families." | www.commondreams.org/sites/default/files/styles/cd_special_coverage/public/headline/thumbs/kids_7.jpg

Staff (2020-10-12). Trump's narcissism has become a monster Republicans can't control. therealnews.com Jim Zogby talks about the impact of Trump's COVID-19 diagnosis on the Supreme Court, the stimulus package, and potential violence leading up to the election.

Editor (2020-10-12). Rich get richer, poor get poorer — and sicker. workers.org "The rich get richer and the poor get poorer." The old cliché is still true — obscenely true. In six months, March to September — when the working class was clobbered by COVID, mass unemployment and a rise in white supremacy — the rich got richer. Specifically, the collective wealth . . . |

Chuck Collins (2020-10-12). Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers. globalresearch.ca We bring to the attention of our readers this important study by the Introduction | Billionaires dominate our politics, culture, and economy. Their wealth, as this report shows, has concentrated mightily …

Karen Conner (2020-10-12). Trump's Triple Failure: Virus Control, Stimulus, and the Trade Deficit. cepr.net See article on original site Given the precarious state of the economy, President Trump's reckless decision to walk away from stimulus negotiations last week was a consequential act of political malpractice. He has since flipped and flopped on this by the hour, but his actions have been particularly rash given his administration's failure to even …

Global Research News (2020-10-12). Seeds of Destruction, Globalization of Poverty, Globalization of War: Three Important Books From Global Research Publishers. globalresearch.ca Global Research brings you a selection of three books that help give some context to the current state of the world and the power dynamics that got us here. Unfortunately, these books remain rather relevant, if not more so than …

Dean Baker (2020-10-12). The Washington Post Has Never Heard of the International Monetary Fund. cepr.net That would seem to be the case from reading the paper's editorial on the need to take steps to reduce extreme poverty in developing countries. The editorial never once mentions the proposal before the International Monetary Fund to substantially increase the special drawing rights available to developing countries. This measure, which has the support of …

WSWS (2020-10-12). Poverty to soar after Labor backs Australian budget. wsws.org The swift passage of the budget's key measures demonstrates a close political partnership.

RT (2020-10-11). Money laundering time? Covid-19 can survive on CASH for 28 days, study claims. rt.com Coronavirus can survive on certain surfaces, including banknotes and mobile phone screens, for nearly a month in cooler climates, new research by Australian scientists suggests. | Covid-19 is able to survive in the open for a significantly longer length of time than was previously thought, according to a study by the Australian Commonwealth Scientific and Industrial Research Organization (CSIRO) "Establishing how long the virus really remains viable on surfaces en…

MEE and agencies (2020-10-10). Coronavirus pandemic hits Tunisians with 165,000 job losses. middleeasteye.net Coronavirus pandemic hits Tunisians with 165,000 job losses | Key tourism industry has collapsed, with curfew latest step in bid to contain rise in Covid-19 cases | Sat, 10/10/2020 – 14: 15 | Tunisia is struggling with high unemployment amid record economic contraction (AFP) | The coronavirus pandemic has plunged Tunisia into an economic crisis that has cost tens of thousands of jobs and c…

Peoples Dispatch (2020-10-10). The Gunner's Dream Lives On: Roger Waters on war, corporate greed and finding hope. peoplesdispatch.org Musician Roger Waters and Vijay Prashad discuss his song, The Gunner's Dream and its relevance in today's world of war, inequality and greed. Roger Waters also talks about how to find hope amid all this gloom…

WSWS (2020-10-10). Pennsylvania educators, bus drivers and school workers launch rank-and-file safety committee to put an end to in-person instruction. wsws.org Educators across Pennsylvania have formed a new rank-and-file safety committee to mobilize the working class against the unsafe reopening of the commonwealth's schools.

Editor (2020-10-10). Life as a Domestic Worker in the U.S. Was Hard. Then COVID-19 Hit. scheerpost.com Jerome Olivier / CC BY-NC-ND 2.0] By Rosaline John Baptiste / OtherWords For all the time I've lived in this country, I've worked hard, serving others as a domestic worker. When I first came here from Dominica, a Caribbean island, I stumbled into a world where I felt like a mop bucket for wealthier white families. I had a life. I had a family, and I was working hard to support them. |

WSWS (2020-10-10). Richest 50 Americans now have as much wealth as bottom 165 million. wsws.org Data from the Federal Reserve demonstrates that the pandemic has accelerated trends toward social inequality in the United States.

WSWS (2020-10-10). Canadian autoworkers union "rowing in the same direction" as Ford and political establishment. wsws.org While Unifor has demanded that hundreds of millions of dollars be handed over to Ford so it can continue to fund lavish payouts to its wealthy shareholders, the union is also supporting the restructuring of the auto sector at the expense of workers.

Alan Macleod (2020-10-09). World Bank: Up to 150 Million More People Will Live in Extreme Poverty by 2021. mintpressnews.com The convergence of the coronavirus, combined with global conflict and climate change has put the goal of ending global poverty by 2030 virtually out of sight.

Yanis Iqbal (2020-10-09). Colombia Covid Lockdown: Collapse of Healthcare, Social Crisis, Poverty. globalresearch.ca As the confirmed Coronavirus cases in Colombia

WSWS (2020-10-09). No relief for unemployed in sight as 840,000 in US file new jobless claims. wsws.org Airlines began mass layoffs and furloughs this week as new claims for unemployment remain at historically unprecedented levels amidst ever widening destitution.

WSWS (2020-10-09). Fed officials warn of "recessionary dynamic" setting in. wsws.org The overriding concern of the Fed is that unless more stimulus is provided the measures it has taken to bailout Wall Street, amounting to trillions of dollars, will not be sufficient.

_____ (2020-10-09). Pandemic Could Push Up To 150 Million Into 'Extreme Poverty' By 2021. popularresistance.org Amid findings that the combined wealth of the planet's billionaires skyrocketed to $10.2 trillion during the coronavirus pandemic, the World Bank warned Wednesday that the public health crisis could cause global extreme poverty to rise for the first time in over two decades and push tens of millions of people into that category by next year. | "Between 88 million and 115 million people could fall back into extreme poverty as a result of the pandemic, with an additional increase of between 23 million and 35 million in 2021, potentially bringing the total number of new people living in extreme poverty to between 11…

Staff (2020-10-09). One-Third of Americans Can't Pay Their Bills as Stimulus Talks Stall. truthout.org Emily Brockman is a recently unemployed mother, but that didn't stop her landlord from attempting to kick Brockman and her 5-month-old child out of their home in Lexington, Kentucky. Like millions of people across the United States, Brockman is struggling to pay rent and bills as talks over pandemic relief stall on Capitol Hill and stimulus checks fail to reach society's most vulnerable. Despite a "moratorium" on evictions put in place by the Centers for Disease Control and Prevention (CDC) last month…