Daily Archives: April 30, 2021

2021-04-30: News Headlines

Daniel Sherrell (2021-04-30). Biden is Flirting with a Better Economic Paradigm. Young People Need Him to Commit. counterpunch.org As children of the 90s and early aughts, millennials came of age beset by problems both too large to ignore and too expensive to fix: debilitating student debt, worsening climate change, skyrocketing inequality. When we looked to our government to address these problems, political leaders of both parties clutched nervously at their purse strings. "How

Emir Sader (2021-04-30). Critical Thinking: Who Will Apologize to Brazil? orinocotribune.com By Emir Sader — Apr 27, 2021 | Brazil is immersed in a humanitarian catastrophe. The country—which a little more than five years ago was an example in the fight against poverty, the fight against inequality and income distribution—has become, in just a few years, a hell, both for Brazilians and for the rest of the world. | More than three thousand people die every day because of the pandemic. Others die anonymously because of hunger and still others because of the violence of militias and drug traffickers. More people die than are born in Brazil. | From having a president who was an example to th…

news.un (2021-04-30). Myanmar approaching point of economic collapse: UN report. news.un.org The turmoil following the military coup in Myanmar, coupled with the impact of COVID-19 could result in up to 25 million people — nearly half of the country's population, living in poverty by early next year, a United Nations report said on Friday.

D.D. Guttenplan (2021-04-30). How to Stop Andrew Yang. thenation.com How to Stop Andrew Yang…

Lawrence Wittner (2021-04-29). Amid Widespread Disease, Death, and Poverty, the Major Powers Increased Their Military Spending in 2020. globalresearch.ca The existence of widespread poverty in the world's mightiest military powers …

Lawrence Wittner (2021-04-29). The Major Powers Increased Their Military Spending in 2020. zcomm.org Perhaps, someday, people will ask whether increasing preparations for war was the best these governments could do as their populations sank into widespread disease, death, and poverty…

Staff (2021-04-29). Lifting IP Restrictions Could Help the World Vaccinate 60% of Population by 2022. truthout.org As new coronavirus cases surge across India, overwhelming hospitals and crematories, calls are growing louder for wealthy countries to stop hoarding excess supply of COVID-19 vaccines and to loosen intellectual property restrictions preventing more countries from making their own vaccines. We speak with economist Jayati Ghosh and Congressmember Ro Khanna of California. | TRANSCRIPT: | This is a rush transcript. Copy may not be in its final form. | AMY GOODMAN: We continue on what is h…

Staff (2021-04-29). How Lifting Intellectual Property Restrictions Could Help World Vaccinate 60% of Population by 2022. democracynow.org As new coronavirus cases surge across India, overwhelming hospitals and crematories, calls are growing louder for wealthy countries to stop hoarding excess supply of COVID-19 vaccines and to loosen intellectual property restrictions preventing more countries from making their own vaccines. We speak with economist Jayati Ghosh and Congressmember Ro Khanna of California.

Penza News (2021-04-29). Foreign Experts Assess Benefits Of Russia's Sputnik V Coronavirus Vaccine — Analysis. eurasiareview.com The Gamaleya National Research Center of Epidemiology and Microbiology of the Ministry of Health of the Russian Federation and the Russian Direct Investment Fund (RDIF, Russia's sovereign wealth fund) announced that the Sputnik V vaccine demonstrated efficacy of 97.6%, based on the analysis of data on the infection rate of coronavirus among those in Russia vaccinated with both components of Sputnik V. | "The Ministry of Health of Russia maintains a register of persons who have been vaccinated, as well as citizens who have got infected with COVID as part of the Unified State Information System in Healthcare. Ac…

Pasqualina Curcio (2021-04-29). The Private Sector in Venezuela — Myth and Reality. orinocotribune.com By Pasqualina Curcio — Apr 25, 2021 | There are many myths about the private sector in Venezuela, the best known referring to its unquestionable efficiency. The following phrases are part of this mythology: "unlike the public sector, which is inefficient and corrupt, the private sector is the only guarantee of development" or "the only one that could get us out of this crisis is the private sector, and if it is foreign, big and transnational, even better" or "the only way to overcome poverty is with foreign private investment". In Venezuela, the most popular myth of these times is the one summarized in the f…

Ronald Newman (2021-04-29). Biden Must Make the Current Enhanced Child Tax Credit Permanent. aclu.org *This op-ed was originally Two children could be born on the same day in Anytown, USA. | Both born to loving families, healthy and at an average weight of seven pounds. However, one child is born into poverty and the other is not. The child born into poverty is more likely to experience toxic stress, suffer from environmental exposure to lead, develop diseases like asthma and experience trauma. | Growing up, the child is more likely to live in a school district with low-qua…

James North (2021-04-29). Save the Planet or End Poverty? How to Escape the Extractivist Dilemma. thenation.com Save the Planet or End Poverty? How to Escape the Extractivist Dilemma.

_____ (2021-04-29). How We Can Place The Wellbeing Economy At The Heart Of Our Cities. popularresistance.org Once upon a time, the growth of a country's Gross Domestic Product would actually lead to social progress. In the first few decades after the Second World War, growth was invested in collective institutions like health and education systems. Tax rates were progressive and growth was directed to those who needed it most. | Unfortunately, this so-called 'Golden Age of Capitalism' did not last very long. Within a few decades, we managed to shift to an economic system dictated by market fundamentalism. "We have been undermining our collective institutions, tax rates have been cut down for the very wealthiest and scie…

Staff (2021-04-29). In 2017 JP Morgan Called Bitcoin a Fraud, But in 2021 It Is Creating a Bitcoin Fund. orinocotribune.com JP Morgan Chase has decided to create an actively managed bitcoin fund for wealthy clients, according to a report by CoinDesk. | JPMorgan's bitcoin fund could launch as early as this summer, two sources told CoinDesk. Institutional bitcoin store NYDIG will serve as custody provider for JPMorgan, a third source said. | The report comes as the cryptocurrency rebounded from last week's losses on Monday, and its price rose above $55,000. | If conf…

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