US dollar
News
Portland protest hits Musk/Trump’s attack on postal service
Home » Human needs before profits » Portland protest hits Musk/Trump’s attack on postal service Portland, Oregon Despite heavy rain, over 150 protesters rallied at the East Portland Post Office Feb. 23, to stop Trump’s attacks on the USPS and “Fight like hell” for living wages, an end to mandatory overtime and no two-tier workforce…
News
Trump’s policies intensify Haiti’s catastrophes
Half of the population of Haiti — 5.4 million workers — don’t get enough to eat every day. According to the United Nations World Food Program, 2 million Haitians — the Internally Displaced People (IDP) driven from their homes by political violence — are facing extreme food shortages, acute malnutrition and high levels of disease.…
News
For FinTech Magnates: Digital Dollars for the Poor, Exponential Profits for the Rich
In a virtual conference hosted by The New York Times, Treasury Secretary Janet Yellen gave her nod of approval to the idea of “sovereign digital currencies” to solve the riddle of financial inclusion in America. According to recent data, approximately 7.1 million, or 5.4 percent of households, in the United States have no access to…
News
American Exceptionalism Is on the Ropes and the End of the Petrodollar Is Nigh
The pressure on the global economy imposed by the measures to curb the COVID-19 pandemic threatens to erode whatever confidence the world still has in the U.S. dollar as a viable reserve currency. A shortfall in U.S. domestic savings, dropping to 1.4 percent of national income, brought on by the drawn-out shutdowns and structural changes to…
News
Russia and India Are Dropping the Dollar in Upcoming Defense Deal
Presently, some $2 billion worth of arms deals are hitting a snag over how settlement is to be made for defence transactions between Russia and India as US sanctions stand in the way. The issue has led to the US Dollar being dropped as a means of payment, with the Ruble and Rupee being considered…
Latest articles
News
Portland protest hits Musk/Trump’s attack on postal service
Home » Human needs before profits » Portland protest hits Musk/Trump’s attack on postal service Portland, Oregon Despite heavy rain, over 150 protesters rallied at the East Portland Post Office Feb. 23, to stop Trump’s attacks on the USPS and “Fight like hell” for living wages, an end to mandatory overtime and no two-tier workforce…
News
Trump’s policies intensify Haiti’s catastrophes
Half of the population of Haiti — 5.4 million workers — don’t get enough to eat every day. According to the United Nations World Food Program, 2 million Haitians — the Internally Displaced People (IDP) driven from their homes by political violence — are facing extreme food shortages, acute malnutrition and high levels of disease.…
News
WW Commentary: No more murdered siblings: Justice for Sam Nordquist!
Home » LGBTQIA2S+ liberation » WW Commentary: No more murdered siblings: Justice for Sam Nordquist! On Feb. 14, police in Canandaigua, New York, found the dead body of Sam Nordquist, a 26-year-old trans man of color, after he endured several months of torture. Canandaigua is about 30 miles southeast of Rochester. Memorial vigils have been…
News
Temple students’ forum on political prisoners
Home » Prisons: tear them down » Temple students’ forum on political prisoners Philadelphia A forum entitled “Solidarity and Political Prisoners” was held to educate students and others about the case of Pennsylvania political prisoner Mumia Abu-Jamal on Feb. 22 at Temple University in Philadelphia. The event was sponsored by the Black Student Union at…