Daily Archives: July 22, 2022

2022-07-22: News Headlines

WSWS (2022-07-22). Poverty in Germany: Food banks count 2 million people seeking help. wsws.org Social inequality in Germany continues to rise at an alarming rate, expressed in the record numbers of people lining up at the food banks for donations.

WSWS (2022-07-22). US unemployment claims and job cuts mount as interest rate hikes begin to hit economy. wsws.org US initial claims for unemployment insurance rose for the third week in a row, while Ford announced 8,000 salaried job cuts as the impact of recent interest rate increases starts to be felt.

Editor (2022-07-22). $2 Trillion for War Versus $100 Billion to Save the Planet. mronline.org The West seems more fixated on spending social wealth on the military rather than addressing the climate catastrophe.

SAM (2022-07-22). Janet Yellen's Noble Effort Comes to Naught. inequality.org

Editor (2022-07-22). Les Miserables, Living and Dying on American Streets. scheerpost.com By Eve Ottenberg / CounterPunch Statistics lie. Some lie more than others. The ones regarding unemployment lie brazenly and have done so for years, erasing the very existence of the long-term unemployed by simply deleting them from the regular tally. Statistics about homelessness lie. But they have an excuse: the homeless are hard to keep …

Fight Back (2022-07-21). Number of people collecting unemployment benefits jumps by 51,000. fightbacknews.org San José, CA – On Thursday, July 21, the U.S. Department of Labor reported that the number of people collecting unemployment insurance benefits, increased by 51,000 for the week ending July 16. This brought the total number to 1,384,000, the highest since November 2021. New claims for unemployment insurance increased to 251,000, also the highest since November. The increase was only 7000 over the week before, but most economists had expected the number of new claims to fall. | The uptick in new claims reflects a rising trend in layoffs, while the rise in continuing claims shows that hiring has slowed, both showin…

Internationalist 360 ∞ (2022-07-21). US General Caught Pining for Latin America's Resources. libya360.wordpress.com Wyatt Reed Online reaction to the official rattling off specific quantities of the region's mineral wealth reserves included a ravenous Looney Tunes wolf licking its chops and a photoshopped image featuring Gen. Richardson overlayed with the mask of "Lord Humongous," the bloodthirsty gas-seeking marauder who violently besieges the protagonists of 'Mad Max 2.' A video…

John Bellamy Foster (2022-07-21). Be moderate…we only want THE EARTH! mronline.org We have to recognize that there is a pathway forward for humanity, but that the capitalist world system, and today's governments that are largely subservient to corporations and the wealthy, are blocking that pathway, simply because it requires revolutionary-scale socioecological change.

WSWS (2022-07-21). Thousands of Quebec workers join strikes and protests against big business assault on wages, working conditions. wsws.org Irrespective of their nationality, the language they speak or the colour of their skin, workers everywhere face the same fundamental problems: the intensifying COVID-19 pandemic, rampant inflation, deteriorating working conditions, glaring social inequality, and the commitment of vast resources to war.

____ (2022-07-21). Premier rules out large-scale stimulus. ecns.cn Premier Li Keqiang has ruled out the option of resorting to large-scale stimulus or excessive liquidity in pursuing an overly high target for economic growth this year, saying that China's macroeconomic policy will be targeted, forceful and appropriate.

_____ (2022-07-20). New Resource: The Tenant Power Toolkit. popularresistance.org The Tenant Power Toolkit is a collaborative effort between the The Debt Collective, The LA Tenants Union, The Anti-Eviction Mapping Project, UCLA Luskin Institute on Inequality & Democracy, ACCE Action, anti-eviction lawyers and legal service providers including Gary Blasi, one of California's best known housing justice lawyers. We designed this toolkit to keep people in their homes, fight evictions, fight rent debt, and build the collective power of tenants. Together, we have the power not only to fight back against the system, but to change it. | Within the Tenant Power Toolkit project there is a core supp…

_____ (2022-07-20). China, CELAC To Deepen Cooperation On Poverty Reduction. popularresistance.org China and Latin American and Caribbean countries have agreed on deeper cooperation in poverty reduction, with joint efforts in areas such as post-pandemic economic recovery, infrastructure construction and digital technology, officials and experts said at the second Community of Latin American and Caribbean States (CELAC)-China Forum on Poverty Reduction and Development, held virtually on Wednesday. | At the forum, officials and experts from CELAC also praised China's efforts to eradicate absolute poverty, especially through rural-urban integration and digital technology support, which are seen as valuable for La…

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