Virtually forgotten due to the discourse of Ukrainian unity and the general lack of interest in analyzing the nuances of events, the racial and class question is going virtually unnoticed in this war. If the Donbass conflict had a proletarian aspect that the press mocked in the first weeks of the DPR due to those Soviet-looking press conferences of workers and academics, in the current context, there have not even been any such comments. Presented as a war of national liberation, no aspect other than nationalism has deserved much mention in the Western press or in academia. Volodymyr Ishchenko and Ilya Matveev, who have sought to study the class aspect in the outbreak of the conflict, are the rare exception. To Ischenko’s surprise, RFE/RL published an article last September that dealt, albeit in generalities and without great depth, with the increase in inequality that war implies, an aspect that is, on the other hand, perfectly evident. “As the war drags on, the gaps in Ukrainian society are widening,” the American media headlines.
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Tag: Real gross domestic product
Russians vote for Putin
For charts, see the original post.
Today Russians are set to head to the polls for their country’s presidential election over three days – with only one expected outcome. Incumbent President Vladimir Putin will win comfortably. The Russian president is elected by direct popular vote. If no candidate receives over 50% of the vote, then a second round is held between the two most popular candidates three weeks later. It’s the first time that multi-day voting has been used in a Russian presidential election, as well as the first allowing voters to cast ballots online.
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Russia’s war economy is holding up. Wages have soared by double digits, the rouble is relatively stable and poverty and unemployment are at record lows. For the country’s lowest earners, salaries over the last three quarters have risen faster than for any other segment of society, clocking an annual growth rate of about 20%.
The government is spending massively on social support for families, pension increases, mortgage subsidies and compensation for the relatives of those serving in the military.
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Xi meets Biden
US President Joe Biden and Chinese President Xi Jinping met yesterday during the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco.
Xi meets Biden
US economy expanding?
The first estimate of third quarter real GDP growth in the US was released yesterday. It showed the US economy expanded by an annualised rate of 4.9%. The Financial Times called this a “blistering pace that, not for the first time, defied gloomier predictions from economists.” US Treasury Secretary Janet Yellen commented that “It’s a good, strong number and it shows an economy that’s doing very well,” and she is “not expecting growth at that pace to continue, but we do have good, solid growth.”
US economy expanding?
Ms. Cat’s Chronicles 