Daily Archives: August 19, 2021

2021-08-19: News Headlines

Olivia Engling (2021-08-19). Haiti Earthquake Recovery Hampered by Poverty, High Debts and Corruption. indybay.org As a cyclone hits Haiti, rescue workers searched for survivors from Saturday's 7.2 magnitude earthquake. At least 1300 are confirmed dead and thousands of homes destroyed in one of the world's poorest countries.

rebekah (2021-08-19). Warehousing Wealth in Donor-Advised Funds. inequality.org

SAM (2021-08-19). America's Merchants of Death Then — and Now. inequality.org

Internationalist 360 ∞ (2021-08-19). Eating with Hope: Solidarity Initiatives are the Alternative for Brazil's Hungry. libya360.wordpress.com Daniel Giovanaz, Pedro Stropasolas Over the past few years, an about-turn in policies saw a massive increase in hunger in Brazil. As the pandemic wreaked havoc, solidarity initiatives and donations, which feed close to 30% of the population, were all that stood between people and starvation. The abandonment of policies to combat poverty has put Brazil…

Graham Peebles (2021-08-19). The Poison of Nationalism. dissidentvoice.org Once upon a time Nationalism was an ideology reserved for extremists, but in recent years it has moved from the irrelevant fractious fringes to become a central movement in western politics. Rooted in fear, it feeds on tribal instincts and has become mainstream by offering oversimplified explanations to complex problems, such as poverty and immigration. …

RobertAlvarez (2021-08-19). "Wealthy Donors Need to Get Off Their Assets" ips-dc.org Washington, D.C. — A new "This is the tip of the iceberg in DAF to DAF giving. We are seeing a growing amount of charitable dollars warehoused in intermediaries such as private foundations and DAFs," said Helen Flannery, director of re…

RobertAlvarez (2021-08-19). More Evidence of Warehousing of Wealth in Donor-Advised Funds. ips-dc.org As the concentration of wealth among the top 0.1 percent has grown, philanthropy has become more "top heavy." The number of middle-income donations is shrinking and most of the growth in annual charitable giving is coming from the very wealthy. | This is concerning because wealthier donors generally give to intermediaries such as their own private foundations or donor-advised funds (DAFs), not outright to charitable recipient groups. As we've discussed in

MK Bhadrakumar (2021-08-18). Political recovery is already visible in Afghanistan. asiatimes.com The explosion of life is unstoppable. The first buds were sprouting no sooner than Ashraf Ghani fled Kabul on Sunday, without telling anyone, carrying a massive loot of ill-gotten wealth stolen from his people. And the green shoots of political recovery are appearing. Tense and urgent care is needed. The region is rallying. Pakistan has taken …

Internationalist 360 ∞ (2021-08-18). In Somalia, the US is Bombing the Very 'Terrorists' it Created. libya360.wordpress.com TJ Coles US and British meddling transformed Somalia's al-Shabaab into an extremist group, inflaming the humanitarian crisis that persists throughout the country. This July, the Biden administration picked up where Trump left off and began bombing Somalia, a country with a gross domestic product of less than $6 billion and a poverty rate of 70 percent. But why? The official reason provided by the…

Jonathan Cook (2021-08-18). Where Best to Ride Out the Climate Apocalypse? The Billionaires' Bunker Fantasies Go Mainstream. counterpunch.org The insanity of our current economic reality is well illustrated by a new, self-serving ideological movement among the super-rich. Their emotional investment in their right to remain immensely wealthy is naturally much stronger than the investment of the rest of us in their staying rich. Which is one reason billionaires are capable of coping with much greater levels of cognitive dissonance when justifying the continuation of the current economic order.

news.un (2021-08-18). COVID-19: Funding plea to combat Delta variant, call to suspend booster roll-out. news.un.org During Wednesday's World Health Organization briefing on COVID-19, WHO chief Tedros Adhanom Ghebreyesus called for funding to fight the spread of the deadly Delta variant while also asking wealthy countries to suspend plans to provide booster shots.

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