US Fed pauses interest rate hikes amid rising bond yields
By Nick Beams Interest rate payments on US debt will grow as yields rise and budget deficit increases. The US Federal Reserve has paused its interest rate hikes for the second meeting in a row and sent out some mixed signals about whether it will lift rates at its last meeting for
Sri Lanka Appeal Court affirms its non-interference with the government’s economic and restructuring policies, particularly during financial crisis
Sathosa Employees' compulsory retirement case By Staff Writer The Court of Appeal of Sri Lanka dismissed and refused to issue notice in a case brought by several employees of the "Sathosa" against government compulsory retirement scheme (CRS). The order (in C. A. Writ No. 548/2023) was made on October 03 by
ICC Prosecutor Khan speaks on the ‘situation’ of Palestine and Israel
We post below the speech of International Criminal Court (ICC) Prosecutor Karim A.A. Khan KC, who visited the Rafah Border Crossing between Egypt and the Gaza Strip on 29 October 2023, and spoke from Cairo on the current situation in the State of Palestine and Israel. This speech was originally
UK anti-strike Minimum Services law to be used against teachers
By Tania Kent The Department of Education (DfE) met with trade unions last Friday following an “invitation” by Education Secretary Gillian Keegan to discuss a “voluntary” agreement to limit industrial action in schools and colleges. If no agreement is reached, Keegan told Parliament the same day, she will use powers granted through
Argentine elections expose political rot and the growing threat of fascism
By Andrea Lobo As Argentina faces mass poverty, its worst economic crisis in two decades and triple-digit inflation, one of the main officials responsible, Economy Minister Sergio Massa, placed first in Sunday’s presidential elections with 36.7 percent of the vote. In a runoff next month, he will face the fascistic libertarian
Online Hate Speech: Special Rapporteur reports on contemporary forms of racism, racial discrimination, xenophobia and related intolerance
By Staff Writer The United Nations' Special Rapporteur on contemporary forms of racism, racial discrimination, xenophobia and related intolerance has submitted her report to the Human Rights Council. The detailed report (A/78/538) of 20 pages was released on October 18, and explores many aspects of online hate speech. The Special Rapporteur, Ashwini
UN report says global economy could be heading for systemic crises
By Nick Beams One of the key features of the present situation is the increasing domination of the global economy by giant corporations and finance capital which has led to the reduction of the labour share of income from 57 percent in 2000 to 53 percent today. The latest UN Trade and
We Can’t Depend on Elections and Legal Battles Alone to Defend Democracy
By Igor Shoikhedbrod |TRUTHOUT Karl Marx warned how easily democratic representation and rights can be lost to the forces of authoritarian reaction. By all accounts, liberalism is in a state of crisis globally. Liberalism finds itself especially under threat in its contemporary “homeland” — the U.S of the post-2016 Trump era, prompting
Another Trump lawyer pleads guilty in Georgia election interference case
By Megan Butler Trump campaign attorney Kenneth Chesebro entered a plea agreement while potential jurors began filling out questionnaires. Kenneth Chesebro, one of the defendants in the racketeering case against former President Donald Trump and 17 others accused of conspiring to overturn his 2020 election defeat in Georgia, accepted a plea deal
Princeton University report: US class-based life expectancy gap widened to more than 8 years
BY Benjamin Mateus The recent report by leading Princeton University economists Anne Case and Angus Deaton (winner of the Nobel Prize in 2015), submitted last month to the fall 2023 edition of the Brookings Papers on Economic Activity, makes a conscientious account of the widening mortality gap that exists between Americans with and