In a dim, drafty room in Glasgow, the world’s most powerful bankers gather to unveil how they plan to save the planet. An ominous video plays: Earth, spinning in space, is paired with dramatic footage of sea waves crashing, busy highways and smokestacks spewing vile pollution to the skies. An alarm clock tick, tick, ticks underneath it all until the screen goes black and it rings, screeching across the hall. Flashed across the screen is the reason they’re in the room: “It’s time to finance our future.”
In the wake of a higher-than-anticipated inflation reading, experts implored the Federal Reserve not to pursue more "aggressive interest rate hikes."
Hotter-than-expected inflation data published Wednesday intensified fears among progressive economists that the Federal Reserve—in its single-minded drive to tame price increases—will needlessly lock in another major interest rate hike at its policy meeting later this month, further suppressing economic demand and moving the country closer to a recession.
If today’s unionization rate in the US was the same as it was forty years ago (already a low bar, as that number is significantly down from the mid-1950s peak), the number of union members would be well over 30 million instead of about 17 million. In fact, though the workforce has increased by some 56 million since the early 1980s, the number of union members has fallen by over 3 million.
NATO’s 2022 “Strategic Concept,” Its First New Plan Since 2010, Declares Russia A “Threat” And China “Systemic Challenge.”
It demonizes the Eurasian powers as “authoritarian actors” and “strategic competitors,” essentially declaring a second cold war to maintain Western hegemony.
The US-led NATO military alliance has published a historic new plan outlining its goals. The document, officially titled the 2022 “Strategic Concept,” is the first such blueprint NATO has released since 2010.
Dispatch from the largest event in the organization’s 43-year history
“The white collar crime syndicate known as Corporate America is hereby put on notice that the working people of America have had enough!”
—Sean O’ Brien, Labor Notes 2022
“Fuck Jeff Bezos!”
—Christian Smalls, Labor Notes 2022
The touted tech is still scarce and pricey, and even oilsands allies counsel caution.
In late June, Alberta Premier Jason Kenney flew to Washington, D.C., with the heads of major oilsands producers to make the case that Canada’s most carbon polluting industry cares deeply about fixing climate change.
Dennis Gruending is an Ottawa-based author and a former member of Parliament from Saskatchewan.
The organized medical profession of the day was opposed to medicare and threatened to strike. People who supported the plan began to organize citizen-led community clinics and recruit sympathetic doctors to staff them.
New disclosures reveal RCMP surveillance of meetings on government-funded clinics at the dawn of medicare in the early 1960s, Dennis Gruending writes.
