Tag Archives: Economics

In Snap Election, French Left Forms Alliance To Counter Far Right and Neoliberals

Leaders of the new alliance vowed to “extinguish the flame” of Marine Le Pen’s far-right party and make a “total break” from President Emmanuel Macron’s anti-worker policies.

By Edward Carver. Published 6-14-2024 by Common Dreams

Image: Nouveau Front Populaire

France’s left-of-center parties announced on Thursday a new alliance aimed at countering both the ultranationalism of Marine Le Pen and the neoliberalism of President Emmanuel Macron in parliamentary elections that Macron called unexpectedly on Sunday.

The new alliance, called the Nouveau Front Populaire (NFP), formed following days of intense negotiations as several parties, most notably the center-left Parti Socialiste (PS) and the left-wing La France Insoumise (LFI), joined forces to put forth a common platform and avoid competing candidates in races for the 577 seats in the National Assembly.

Continue reading
Share Button

‘Truly Shameful’: Pentagon Ran Secret Anti-Vax Campaign Against China at Height of Covid Pandemic

“I don’t think it’s defensible,” an infectious disease specialist at Dartmouth said of the clandestine effort.

By Jake Johnson. Published 6-14-2024 by Common Dreams

Photo:Covid-19 vaccination/flickr/CC

Reuters investigation published Friday revealed that the Pentagon ran a “clandestine operation” aimed at discrediting China’s coronavirus vaccines and treatments, a campaign that U.S. public health experts and others condemned as a cynical ploy that endangered lives for political purposes.

According to Reuters, the Pentagon’s secretive campaign was designed to counter what the U.S. “perceived as China’s growing influence in the Philippines,” a country that was ravaged by Covid-19. The virus, which killed millions of people globally, was first detected in Wuhan, China in late 2019.

Continue reading
Share Button

Lindsey Graham Blocks Democrats’ Attempt to Pass Supreme Court Ethics Bill

“Senate Republicans just showed how out of touch they are with what most Americans want—a Supreme Court free of corruption.”

By Jake Johnson. Published 5-13-2024 by Common Dreams

Senator Lindsey Graham speaking with attendees at the Republican Jewish Coalition’s 2023 Annual Leadership Summit at the Venetian Convention & Expo Center in Las Vegas, Nevada. Photo Gage Skidmore/flickr/CC

Republican Sen. Lindsey Graham on Wednesday blocked an attempt by Senate Democrats to pass Supreme Court reform legislation by unanimous consent, thwarting efforts to establish a binding ethics code for the nation’s top court as two of its right-wing justices come under fire for taking billionaire-funded luxury vacations and flying flags associated with the January 6 insurrection.

The Democratic legislation—titled the the Supreme Court Ethics, Recusal, and Transparency (SCERT) Act—advanced out of the Senate Judiciary Committee nearly a year ago without any GOP support. The bill would give the high court 180 days to adopt a binding code of ethics and establish new recusal requirements surrounding justices’ acceptance of gifts.

Continue reading
Share Button

Corporate Landlords’ Profits Soar as Tenants Drown in Rent Hikes and Fees

“Through-the-roof rent hikes based on greed—not need—have kept many Americans from getting ahead,” said one advocate at Accountable.US.

By Julia Conley. Published 6-12-2024 by Common Dreams

Yn 2002, the Roosevelt began operating as a luxury apartment building (Camden Roosevelt), owned by Camden Property Trust. Photo: NCinDC/flickr.CC

With monthly inflation down to its lowest point in more than two years and heading toward the Federal Reserve’s target, the Biden administration on Wednesday celebrated “welcome progress.”

But an analysis from Accountable.US showed how more than 100 million people who rent their homes in the U.S. are not seeing the benefits of what one Biden spokesperson called “the great American comeback” in their housing costs, particularly millions of people whose homes are owned by corporate landlords.

Continue reading
Share Button

US Jury Holds Chiquita Liable for Colombian Death Squad’s Murder of Banana Workers

“The verdict does not bring back the husbands and sons who were killed,” said one attorney, “but it sets the record straight and places accountability for funding terrorism where it belongs: at Chiquita’s doorstep.”

By Brett Wilkins. Published 6-11-2024 by Common Dreams

Then-AUC commander Carlos Castaño is seen here with some of his paramilitary fighters. Photo: Carlos Castaño Gil/Facebook

In what case litigants are calling the first time an American jury has held a U.S. corporation legally liable for atrocities abroad, federal jurors in Florida on Monday found that Chiquita Brands International financed a Colombian paramilitary death squad that murdered, tortured, and terrorized workers in a bid to crush labor unrest in the 1990s and 2000s.

The federal jury in West Palm Beach, Florida found the banana giant responsible for funding the United Self-Defense Forces of Colombia (AUC) and awarded eight families whose members were murdered by the right-wing paramilitary group $38.3 million in damages.

Continue reading
Share Button

Macron Calls Snap Election After Far-Right Gains in EU Contests

“We live in a Europe where neofascism and absenteeism are on the rise—a combination that allows the oligarchs to plunder,” said Yanis Varoufakis.

By Jake Johnson. Published 6-10-2024 by Common Dreams

Screenshot: YouTube

French President Emmanuel Macron called snap legislative elections on Sunday after his party suffered a major defeat in European Parliament contests, with Marine Le Pen’s far-right, xenophobic National Rally scoring twice the support of Macron’s Renaissance.

In a nationally televised speech following the elections, which saw the far-right make gains across much of the European Union, Macron said that “the rise of nationalists and demagogues is a danger for our nation and for Europe.”

Continue reading
Share Button

Fresh Calls to ‘Reject AIPAC’ After Analysis of GOP Money in Dem Primaries

“George Latimer in New York and Wesley Bell in Missouri are trying to become Democratic members of Congress off millions of dollars of money from rich right-wing Republicans,” said one group.

By Jessica Corbett. Published 6-9-2024 by Common Dreams

Photo: Ted Eytan /CC

Politico reported Sunday that the American Israel Public Affairs Committee is “the biggest source of Republican money flowing into competitive Democratic primaries this year,” sparking new calls for candidates and voters nationwide to #RejectAIPAC.

“If you don’t want Republican megadonors to choose your next Democratic congressperson for you, then there’s only one option: #RejectAIPAC,” Naftali Ehrenkranz, digital director at Get Free, said on social media, pointing to the reporting.

Continue reading
Share Button

Is Shell’s exit from Nigeria a front to dodge legal responsibilities?

The oil giant is selling its Niger Delta subsidiary – but lending the new owners the money for the purchase

By Andy Rowell and James Marriot Published 6-6-2024 by openDemocracy

Damaged trees in the Niger Delta following the 2008 Bodo oil spill. Photo: Sosialistisk Ungdom (SU)/flickr/CC

Nigerian activists believe Shell’s apparent end to its 87-year operation in the country is an effort to avoid its legal responsibilities while holding onto the potentially profitable side of the business.

In January, the oil giant revealed it had “reached an agreement to sell its Nigerian onshore subsidiary” to Renaissance, a consortium of four Nigerian oil firms and one based in Switzerland.

Continue reading
Share Button

Scientists Blockade EU Commission Offices to Demand Degrowth

Amid elections in Europe, opponents of ongoing planetary destruction argue that the “science is clear: politicians’ obsession with infinite economic growth is leading us straight to disaster.”

By Edward Carver. Published 6-7-2024 by Common Dreams

Degrowth advocates from Scientist Rebellion and affiliated groups blocked the entryway to the European Commission office in Brussels on June 7, 2024. Using posters, they wrote a slogan, “The future is degrowth,” onto the building’s facade. (Photo: Growth Kills)

A group of about 20 scientists and allies on Friday blocked the doors to the European Commission office in Brussels to demand degrowth policies as European Union elections unfold in which no party has such an agenda and pro-environment candidates are expected to lose seats.

The degrowth advocates, who came from Scientist Rebellion and affiliated groups, called for the EU to stop using Gross Domestic Product as an index of prosperity and an end to “over-consumption and the advertising that drives it,” among other demands. Carrying placards with messages such as “Green growth is a myth,” they prevented employees of the European Commission, the executive branch of the EU, from getting to work Friday morning, they said in an emailed statement.

Continue reading
Share Button

ISDS Courts Have Helped Fossil Fuel Firms Rake In $80 Billion in Public Money

“ISDS is the secret weapon for fossil fuel companies against climate laws,” said one advocate.

By Julia Conley. Published 6-6-2024 by Common Dreams

Demonstration against the TTIP and ISDS in 2016. Photo: War on Want

A week after the European Union announced its withdrawal from the controversial Energy Charter Treaty, which has been criticized for being one of many global agreements that allow fossil fuel companies to sue governments, a coalition on Thursday released an analysis showing just how lucrative such deals have been for firms whose emissions are wrecking havoc on the planet.

The Transnational Institute, the Trade Justice Movement (TJM), Power Shift, and the Institute for Policy Studies joined forces to unveil the Global ISDS Tracker, which includes data on more than 1,300 cases that have made their way to secretive tribunals set up by investor-state dispute mechanisms in treaties including the Energy Charter Treaty.

Continue reading
Share Button