The rich will reap benefits while workers get sick and die. It is finance capitalism that is being bailed out in the tune of $5 trillion, while some eligible Americans might receive a single measly $1200 check that is supposed to save them from economic catastrophe.
U.S. conflicts with Iran and Europe and the threat of an uncontained coronavirus top a list of threats to the global economy this year.
The Dow industrials fell about 2,300 points, the index’s worst day since the 1987 crash, as fear over the impact of coronavirus roiled markets around the world despite actions from the Federal Reserve and European Central Bank.
The money spent was equal to the total amount of US student debt, more than twice as much as the Wall Street bailout of 2008 and nearly 30 times the net worth of former New York mayor Michael Bloomberg, the richest man to ever run for president.
“Trump has once again put the interests of oil and gas executives ahead of the interests of people and communities.”
A little-known start-up helps law enforcement match photos of unknown people to their online images — and “might lead to a dystopian future or something,” a backer says.
The draft might be gone, but not everyone volunteers for the same reasons. Inconsistent access to education, healthcare, or housing means marginalized communities are systemically pushed into military service to gain those benefits–especially poor students.
The mobilization has been ongoing since July 2018, leading to a partial report naming high-ranking government officials of mismanagement of PetroCaribe funds published at the end of May 2019.
The main reason Finland is the only country in Europe where homelessness is in decline: those affected by homelessness receive a state-funded small apartment and counselling right away — with no preconditions. 4 out of 5 people affected thus make their way back into a stable life. And it’s cheaper than accepting homelessness.
“It was a national and international coup d’etat… it’s a coup against lithium.”
“Tax penalties on extreme CEO-worker pay gaps would encourage large corporations to narrow their divides.”
Senator Bernie Sanders introduces his latest ambitious plan to tackle wealth and income inequality.
“Treating corruption as society’s only problem is a problem,” says Brazilian economist Luiz Gonzaga Belluzzo, who talks of the damage to the Brazilian economy caused by the Lava Jato and Carne Fraca investigations.
New analysis by the Congressional Budget Office finds that $15 in 2025 could raise the wages of 27.3 million low-wage workers and would increase the income of families who earn below three times the poverty rate by $21.9 billion.
Congress set a record this month: It’s now been nearly 10 years since lawmakers have raised the federal minimum wage, marking the longest period in history that it’s remained stagnant.