The need to globalize solidarity and international cooperation were emphasized yesterday, during the 18th meeting of the Cuba-Russia Intergovernmental Commission for economic-commercial and scientific-technical collaboration, which concludes today, and is headed by co-chairs Ricardo Cabrisas Ruiz, deputy prime minister of the Republic of Cuba, and Yuri Ivanovich Borisov, vice president of the Russian Federation’s government.Read More »
This Tuesday, March 30, the Vice President of the Russian Federation, Yuri Borisov, paid a high-level visit to Venezuela to strengthen the ties of friendship between the two nations. Russia’s high-ranking official highlighted cooperation and solidarity as vital.
In addition, new agreements were signed to accelerate the bilateral agenda for mutual benefit. “We have taken the opportunity to sign new alliances in energy, mining, and health sectors for the development of both economies,” said Borisov.Read More »
The coronavirus pandemic has added $24 trillion to the world debt over the last year, said the Institute of International Finance (IIF).
The IIF study said: Government spending has accounted for about half of the increase. Corporations added $5.4 trillion to the total, while banks and households accounted for $3.9 trillion and $2.6 trillion respectively.
With the world debt now totaling a record $281 trillion, the ratio of debt to world GDP has risen 35 percentage points to over 355 percent, the study said.Read More »
China is clearly a civilization on the march. Bathed in optimism about the future, as America itself once was; fueled by a genuine fraternal and egalitarian philosophy, it continues to set new records for human accomplishment in innumerable areas. But its new ascendancy to global power status, which it enjoyed once for many centuries, instead of harming humanity, benefits it. The images below illustrate why she is feared by those whose own squalid thinking prevents them from believing peaceful coexistence is not only possible but imperative in the 21st century.
Editor’s Note: Late last week Facebook suddenly took down Socialist Workers Party (SWP) pages in the UK, where they have long been very active, and similar pages owned by the US Social Equality Party (SEP), publisher of wsws.org. Both organizations are Trotskyist, seen by the mainstream liberals (and rightwingers) as “far left”. Although, as Marxian organizations, both formations often share analyses of major developments, they do not operate jointly in their political actions. As an independent leftist platform, our own publication sometimes reprints materials from wsws.org, when we judge such analyses to be sound, but we do not in general share Trotskyist viewpoints about a number of important subjects, including the nature of the Soviet Union, Stalin, posture toward some international political actors (such as Iran, Syria, China, Russia, Cuba, etc.) and a variety of related strategic and tactical questions.Read More »
(From left to right) Former US president Donald Trump with Mike Pompeo and John Bolton at a White House meeting in April 2019. (Photo: White House)
The government of China has issued sanctions against former US secretary of state Mike Pompeo and 27 others from the administration of former US president Donald Trump. The sanctions were announced by the Chinese foreign ministry on Wednesday, January 20, as the Trump administration stepped down to make way for the new Joe Biden administration.
The sanctions named high-level officials and diplomats from the Trump administration, who China has charged of having “seriously violated China’s sovereignty” and being “mainly responsible for such US moves on China-related issues.”Read More »
With just days left in office, the Trump administration has blacklisted an additional nine Chinese companies, adding them to a long list of firms on the U.S. military blacklist and escalating the trade war on Beijing as the U.S. attempts to suppress China’s economic rise.
The Department of Defense claimed that those on its list are secretly owned or controlled by the Chinese military and that it was “determined to highlight and counter” threats that “appear to be civilian entities” but are not. Those companies are now likely partially blocked from the U.S. market and from doing business with American companies.Read More »
Past the South Summit of Everest and climbing the Cornice Traverse with the Hillary Step in the background. Photo: KARMA TENZING
The height of Mt Everest has grown by 86cm to now measure 8848.86m, the foreign ministers of Nepal and China revealed at a joint virtual live event on Tuesday.
The new measurement of Sagarmatha-Zhumulangma (Mt Everest) was declared by Nepal’s Foreign Minister Pradeep Gyawali in Kathmandu and his Chinese counterpart Wang Yi in Beijing by pressing a crystal ball simultanesouly. The two also exchanged congratulatory messages from Nepali President Bidya Devi Bhandari and Chinese President Xi Jinping to each other.Read More »