Daily Archives: June 8, 2022

2022-06-08: News Headlines

_____ (2022-06-08). Ominous Economic Distress In India: No Buying Power, No Jobs, Rising Prices. popularresistance.org Recently released estimates of India's economic output show that people are not spending enough. The only reason this can be is because they do not have sufficient income, and their buying power is limited. On the other hand, prices of all essential commodities are increasing at a disturbingly high rate. This will further restrict spending. Industrial production has grown at snail's pace, and with people not having enough to spend, demand will continue to be low and industrial output too will languish. Bank credit for large industries is growing very slowly. So, prospects of any check on raging unemployment conti…

_____ (2022-06-08). Trailer Park Residents Take On Venture Capitalists—And Win. popularresistance.org Durango, Colorado -‚ÄâOn a cold January day at the height of ski season, as tourists check into Durango's resort hotels and wealthy vacationers roll suitcases into their second homes, Alejandra Chavez pulls away from her single wide trailer on the outskirts of town and drives the two-lane road south to look for a new place to live in New Mexico. Chavez dreads the prospect of making this same 1.5‚Äëhour-drive, back and forth, every day, but she sees few options. Her work is in Durango, but Durango, it seems, may no longer have a home for her. | Chavez, 30, moved to the area 18 year…

Poor People's Campaign (2022-06-08). Friday 6/17: National Memorial Service for Lives Lost to COVID, Gun Violence, War and Poverty w/ PPC. indybay.org Online via livestream: www.poorpeoplescampaign.org/livestream/ | In-person at the Lincoln Memorial in Washington, D.C…

2022-06-09 00:39 | 20:39 EST | jz | 5 | 0 | 0 | 3 | 0