Daily Archives: October 8, 2021

2021-10-08: News Headlines

SAM (2021-10-08). Forget the Huddled Masses. Bring Us Billionaires. inequality.org

Paul Cochrane (2021-10-08). Pandora Papers: How London became a financial hub for Gulf rulers and the super-rich. middleeasteye.net Pandora Papers: How London became a financial hub for Gulf rulers and the super-rich | Many of the secretive structures used to hide wealth from scrutiny were created during the British Empire and involved the Middle East | Fri, 10/08/2021 – 12: 00 | A statue of a dragon marks the boundary of the City of London, the British capital's financial hub (Reuters) | Since leaving the European Union, the B…

rebekah (2021-10-08). The Care Movement Fights Back Against Cuts to Biden's Historic Home Care Plan. inequality.org

WSWS (2021-10-08). 10,000 Alberta Superstore workers vote overwhelmingly in favour of strike action. wsws.org The poorly-paid grocery workers are outraged over poverty wages, the company's erratic scheduling practices and the virtual absence of COVID-19 protections in the workplace.

WSWS (2021-10-08). ISU graduate students vote on union-backed contract enforcing poverty wages. wsws.org The Illinois State University Graduate Workers Union is working to push through a sellout contract that enforces poverty-like conditions in a no-strike contract.

Karen Conner (2021-10-08). Mixed Jobs Report: Economy Adds Just 194,000 Jobs, but Unemployment Falls to 4.8 Percent. cepr.net The index of aggregate hours rose 0.9 in September, the largest rise since March. | The number of jobs added in September came in far below most forecasts, with the establishment survey showing just 194,000 new jobs. However, the household survey showed the unemployment rate falling by 0.4 percentage points to 4.8 percent. This decline was not due to people dropping out of the labor market, as the survey showed a rise in employment of 526,000, and the employment-to-population ratio rose 0.2 percentage points to 58.7 percent. | The Establishment Survey is Not as Bad as it First Appears | It is not clear that the w…

Fairness & Accuracy In Reporting (2021-10-08). Lisa Graves on the Fight for the Post Office, Stevana Sims on Saving Anti-Racist Education. fair.org (image via BillMoyers.com) | This week on CounterSpin: The thing about the US Postal Service: Low-income people get the same service as the rich; rural people get their prescriptions and paychecks and ballots in the same timeframe as those in big cities. The idea has always been that postal service is a public good, not to be mined for profit, and not tiered to give the wealthy yet another leg up. USPS is the second-largest employer in the country, traditionally offering opportunities for people of color—and unlike the number one employer, Walmart, it doesn't subsidize itself by paying wages so low that em…

Dave Lindorff (2021-10-08). The Rich are Different: They're Richer Than Us and Far Greedier. counterpunch.org F. Scott Fitzgerald is famously said to have once remarked to his pal Ernest Hemingway, "The rich are different from you and me, Ernest," to which Hemingway is said to have replied, "Yes, they have more money." Fitzgerald had it right. Particularly these days, when the wealthiest people in the US are not millionaires, or

Sonali Kolhatkar (2021-10-07). The Child Tax Credit Is a Proven Boost to American Families, So Why Are Conservative Democrats Trying to Stop It? counterpunch.org American families have struggled for decades to make ends meet with wages simply not rising as fast as the cost of living and a government social safety net that has been so deeply decimated that the U.S. now spends less on children than nearly any other wealthy nation. This year there was a small glimmer of hope that such

teleSUR (2021-10-07). Stark Inequalities Among Poor Ethnic Groups: UNDP. telesurenglish.net The Multidimensional Poverty Index (MPI), produced by the UNDP and the Oxford Poverty and Human Development Initiative, measures the composition of the poor in 109 countries covering 5.9 billion people, about 92 percent of the developing world's population. | RELATED: | For the first time, the 2021 Index examines the correlations between poverty and ethnicity and race, caste and gender, the UNDP said. Besides income, it studie…

Matt Sedlar (2021-10-07). Transcript: "Making the Most of Special Drawing Rights: Approaches to Maximize Impact and Create a Sustainable and Just Recovery" cepr.net CEPR Senior Research Fellow Andrés Arauz participated in an event on October 4th as part of the IMF Annual Meetings, sponsored by CEPR, ActionAid, Afrodad, the Bretton Woods Project, the Catholic Agency for Overseas Development, Eurodad, Global Policy Forum, Global Call to Action Against Poverty, Jubilee Debt Campaign, Latindadd, Oxfam International, Social Justice in Global …

news.un (2021-10-07). Inequalities between ethnic groups are stark, new UN report reveals. news.un.org Differences in so-called multidimensional poverty among ethnic groups are consistently high across many countries, according to a new analysis released this Thursday.

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