Who is the Number 1 Enemy of the United States?
By Chinese author Zhuo Chin Ling
March 24, 2023 – TV3
1. The greatest threat to the United States is not China, but peace.
Read More »
Tag: Unemployment
IMF warns against tariffs: They make the country’s residents ‘poor’
UAW Stellantis workers protest in the streets from coast to coast
WASHINGTON—Back in the days when Stellantis was Chrysler, there was a sense of camaraderie on the shop floor, veteran Auto Workers say. Not anymore. Not under Stellantis. All they perceive now is corporate greed, satisfying investors, and filling honchos’ pockets with workers’ dollars.
UAW Stellantis workers protest in the streets from coast to coast
02-2024: The UAW Strike Saved Their Shuttered Plant, But the Fight Is Just Beginning
Eight months ago, the idling of the Belvidere Assembly Plant had local United Auto Workers questioning their next steps.
2023: Stellantis commits nearly $5B to Belvidere with new UAW contract
The revival of the Stellantis plant is a stunning reversal of fortunes for Belvidere, Ill. But workers say they won’t rest until they see the concrete being poured.
2022: All Biden’s Green Job Losers
Climate industrial policy is costing 1,350 workers their jobs at a Stellantis plant in Illinois.
President AMLO’s Sixth & Final Informe
Friends:
Today I present to you and to the people and the nation my last government report and I do so more convinced than ever that the best of Mexico is its people, heirs of civilizations that flourished long before the arrival of the European invaders. Thanks to the roots of those pre-Hispanic cultures of that deep Mexico, the Mexicans of today are, in their vast majority, hard-working, supportive and honest. The legacy of good principles that were transmitted from generation to generation and that have not disappeared – despite oppression, classism and racism – is what distinguishes us and places us as a country of virtues and greatness.
Intel shares fall 20% on plans to cut 15,000 jobs
Intel on Thursday revealed drastic plans to slash its employee headcount and capital spending in an attempt to put its business back on a stable financial footing, as it suffered the latest setback in its slow-moving turnaround plans.
Related:
US CHIPS Act Funding for Intel
On March 20, 2024, the U.S. Department of Commerce and Intel Corporation announced a preliminary memorandum of terms under which Intel will receive approximately $8.5 billion in direct funding under the CHIPS and Science Act. Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
Meanwhile, in China:
China’s ‘basic self-sufficiency’ in chip-making tools could come this summer, veteran says
Mision Verdad: Three Economic Facts Ahead of the July 28 Venezuela Elections
Citizens’ assessment of a government’s performance is largely determined by the direct impact their personal and family economic situation experiences in a given period
Mision Verdad: Three Economic Facts Ahead of the July 28 Venezuela Elections
Kenya: Lives Sacrificed in Western Backed Colour Revolution + More
15-07-2024: The East African nation of Kenya was rocked by deadly protests mainly composed of youth during June, ostensibly in response to the Kenyan parliament’s Finance Bill 2024. By the end of the month around 30 protestors had lost their lives, despite forcing the government to withdraw the Bill, which contained some $2.7 billion in tax hikes.[1] The protests were mainly composed of “Gen Z” youth (those born during the late 90s and early 2000s) which gives the impression of young people fighting for their future. Kenya has a population of some 50 million, with 5 million inhabiting the capital Nairobi, and 4 million in the city of Mombasa on the shores of the Indian Ocean. Those aged between 15 and 29 make up roughly 30% of the population,[2] meaning such protests can draw in larger number than is generally the case in the ageing populations of the West. In the wake of the violence, Uasin Gishu Governor Jonathan Bii urged the Gen Z protestors to give dialogue with President William Ruto a chance. Despite goons and looters infiltrating the protests and causing mayhem, Bii conceded that the protestors have genuine issues that need to be addressed.[3]
Related:
Welcome to Kenya’s Gen Z Revolution!
Welcome to Kenya’s Gen Z Revolution!
Kenya had been praised to the heavens by the West in yesteryear: it was a beacon of hope and prosperity; East Africa’s most prosperous nation; a success story of capitalism and “development”; and (most important of all) a bulwark of the West amidst encroaching Chinese influence on the continent.
Kenya is a member of China’s Belt and Road Initiative, and Ruto just sent the Kenyan Police to Haiti. 🤷🏼♀️
Related/Notes:
Gen Z Will Lead the People’s Revolution in Kenya (The Elephant*)
Read More »China Forges Ahead Amid Challenges and Shifting Global Dynamics
This article presents a critical analysis of navigating headwinds and seizing opportunities in China’s economic crossroads, based on Yaroslav Lissovolik’s blog.
China Forges Ahead Amid Challenges and Shifting Global Dynamics
Inflation and interest rates: the US experience
Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?
Inflation and interest rates: the US experience
Ms. Cat’s Chronicles 
You must be logged in to post a comment.