Daily Archives: January 6, 2022

2022-01-06: News Headlines

Emir Sader (2022-01-06). Lula's Standing Rose in 2021 while Bolsonaro and the Third Way Ran out of Steam. orinocotribune.com By Emir Sader — Dec 29, 2021 | The first characteristic of Brazil in 2021 was the reversal of optimism regarding economic reactivation and favorable economic projections for 2022. On the contrary, throughout the year the economic recession took root, to the point that the Central Bank of Brazil had to substantially raise interest rates. | Unemployment remained at the high levels of the previous year, but what increased greatly was the number of precarious workers. Today we can say that the vast majority of Brazilians who earn some kind of income do not do so with a formal contract. That is, they have no job…

Moderator (2022-01-06). U.S. Billionaires Saw $1 Trillion Wealth Boom in 2021 Alone. scheerpost.com (Pixabay) | By Jake Johnson / A new analysis out Tuesday

_____ (2022-01-05). Capitalist Bonanza: Share Buybacks Reached Record High In 2021. popularresistance.org The coronavirus pandemic continued to wreak havoc in 2021, with the Omicron and Delta variants, supply chain disruptions, and inflation battering the global working class. In the United States, companies continued to put profits before worker well-being while the Biden administration refused to provide relief like continuing the child tax credit. Amid much bad news for workers last year emerged a key victor: wealthy shareholders. | Share buybacks hit a record high last year. Companies in the S&P 500 — a market index which tracks the stock prices of 500 leading U.S. companies — repurchased shares…

Jake Johnson (2022-01-05). Wealth of US Billionaires Rose $1 Trillion in 2021 as Build Back Better Stalls. truthout.org A new analysis out Tuesday According to fresh number-crunching by Americans for Tax Fairness (ATF), Tesla and SpaceX founder Elon M…

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