U.S GIVING SUPPORT TO SERGIO MORO FOR 2022 PRESIDENTIAL POLL
Published 28-04-2020 11:12 GMT-0000
A political crisis is unfolding in Brazil, with far-right President Jair Bolsonaro facing potential impeachment charges after a complaint raised against him by former justice minister Sergio Moro.
BRITISH PM IS BEHAVING LIKE TRUMP NOT CHURCHILL
Published 27-04-2020 13:23 GMT-0000
Two predecessors of ’Boris Johnson’s had to bow out of the office of prime minister as they could not come up to the expectation of the Britons and also failed to keep their promises made to the people. Theresa May’s premiership was wrecked by Brexit, and Gordon Brown was eclipsed by the financial crisis.
COVID-HIT ECONOMIES ARE EASY TARGETS
Published 27-04-2020 13:05 GMT-0000
Lockdown, global stock market collapse and negative bottom line of both large and medium enterprises are now engaging cash-rich Chinese predators to be on the prowl to take over ‘good looking’ assets as sinking corporate valuations are turning attractive for aggressive investors. Earlier this month, Industrial and Commercial Bank of China (ICBC) and China Investment Corporation (CIC) had reportedly asked bankers to scout for good investment opportunities in the financial services sector. Together, the two funds are looking to deploy around $600-650 million through the purchases.
TRADE UNIONS ARE LEADING CALL FOR AN END TO THE US BLOCKADE OF CUBA
Published 23-04-2020 11:23 GMT-0000
“Now we have a chance to show solidarity with Cuba and help the Cuban people in their fight against coronavirus at home and abroad.”
-- Len McCluskey, Unite general secretary
COVID PANDEMIC UNDERLINES ONCE AGAIN NEED FOR SOCIALISM
Published 23-04-2020 09:57 GMT-0000
Communists across the world vowed to continue the work of revolutionary leader Vladimir Lenin against the “aggressive nature of capitalism” as they marked the 150th anniversary of his birth on Wednesday.
CAVALIER UK PM COSTS BRITAIN DEAR
Published 21-04-2020 12:05 GMT-0000
Of all the world leaders the approach of the US President Donald Trump and the UK Prime Minister Boris Johnson appeared to be most erratic. Both the leaders shockingly relied on the market forces for overcoming the crisis, worst was the attitude of Boris in fighting the menace.
BIG OIL MIGHT FARE BETTER THAN STATE-OWNED COMPANIES
Published 21-04-2020 10:49 GMT-0000
Crude oil, once used to be called liquid gold, is plumbing the depths only The Economist had dared to predict. The Economist, London-based magazine founded by 19th century most prominent public intellectual, Walter Bagehot, had written that oil price would slump to $5 per barrel. After that, oil price had often shot through the roof and it was inconceivable that oil should ever be cheap in the heydays of global capitalism.
IS LOW INCIDENCE A SIGN OF LOW TESTING, OR LOW INFECTION RATE?
Published 18-04-2020 09:40 GMT-0000
In the first address to the nation on Covid-19 on 19 March 2020, Prime Minister Narendra Modi appealed to the people to bang thaalis, ghantis and sound shankhs as a mark of respect and gratitude for the health workers, including doctors, nurses, paramedical staff, safai sevaks and others who have been doing hard work to prevent corona infection. The people of India listened to the PM’s appeal and did as desired by him. Then again on 5 April people lit diyas and candles at his appeal. This was in response to the call from the Prime Minister of the country. Despite the fact that he did not announce any benefits to the health workers or the common people, no eyebrows were raised. No one questioned him for not declaring any benefits to the healthcare workers or food/ration to the common people.
POST-PANDEMIC WORLD ORDER MUST REORIENT ITSELF AROUND LABOUR
Published 17-04-2020 11:10 GMT-0000
Though the nation, and the world, are still in the throes of the coronavirus pandemic and the global recession it’s produced, five progressive leaders, marshalled by Sen. Bernie Sanders, Ind-Vt., are thinking ahead on to how to build a new economy that works for workers, not the rich, out of the ruins.
RE-EVALUATING THE IDEA OF WORK, PROFIT, DEFENCE AND DISEASE
Published 17-04-2020 11:07 GMT-0000
The ILO’s COVID monitor describes the present times as the “most severe crisis since the Second World War” with employment losses rising rapidly throughout the world. However, in India “with a share of almost 90% of people working in the informal economy, about 400 million workers in the informal economy are at risk of falling deeper into poverty during the crisis.