Capitalism

04/03/23
Author: 
Jake Johnson
Image Credit: Lisa Ferdinando

Mar. 4, 2023

Pharma ‘myth’ debunked as study shows US public poured $32 billion into mRNA vaccines

"Without public investment, there would be no mRNA vaccines."

Vaccine equity campaigners said Thursday that a new peer-reviewed study published in a major medical journal should put to rest the pharmaceutical industry’s “false narrative” that its own investments were responsible for the rapid development of mRNA vaccines to fight the coronavirus pandemic.

04/03/23
Author: 
Amanda Stephenson - The Canadian Press
Storage is shown at the Marathon Petroleum Corp. refinery in Detroit. The Canadian Association of Petroleum Producers said it expects investment in oil and natural gas production in Canada to rise above pre-pandemic levels. PHOTO BY PAUL SANCYA/THE ASSOCIATED PRESS

Mar. 2, 2023

'Feels pretty good': Oil and gas investment in Canada to hit $40 billion in 2023, CAPP says

Up 11 per cent from last year, but still well off levels in 2014 when oil prices last boomed

CALGARY — Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023, the country’s largest fossil fuel industry group said Wednesday.

Demand big question for oil prices this year

27/02/23
Author: 
Richard Heinberg
Photo by 2 Bull Photography on Unsplash

Feb. 22, 2023

An enormous debt bomb threatens the US federal government and the nation’s financial system unless warring politicians can agree on a plan to defuse it. However, there are even bigger debt bombs ticking away beneath us all, of which fewer people are aware. It may be impossible to disarm all of them, but action is required to minimize the casualties.

Let’s start by focusing on the immediate US debt threat, then widen our view to take in longer-term and more serious liabilities that have the potential to bring down the entire global industrial economy.

27/02/23
Author: 
Debt for Climate

Germany benefited from the cancellation of most of its debt as of February 27, 1953 (...) no other country has received such a favourable treatment. - Eric Toussaint

***
27.2.2023

Open Letter to Christian Lindner, Finance Minister of Germany

Federal Ministry of Finance Berlin, Germany

Dear Mr. Lindner,

22/02/23
Author: 
Max Matza
TWITTER/@CMKSHAMA

Feb. 22, 2023

BBC News, Seattle
 
Seattle has become the first US city to ban discrimination based on caste after a vote by the city council.

Councilwoman Kshama Sawant, who wrote the legislation, said the fight against caste bias "is deeply connected to the fight against all forms of oppression".

20/02/23
Author: 
Jake Johnson
Mexican farmers take part in a march against NAFTA on January 31, 2008. (Photo: Luis Acosta/AFP via Getty Images)

Feb. 15, 2023

"Our government is working tirelessly to pad the multibillion-dollar profits of domestic agribusiness corporations by pushing GE corn," said one U.S. environmental group.

Environmental groups on Tuesday accused the Biden administration of putting the profits of big agribusiness over public health and critical pollinators by attempting to obstruct the Mexican government's ongoing push to ban genetically engineered corn.

15/02/23
Author: 
Geoffrey Morgan
A tanker at sea off a Cheniere Energy liquefied natural gas terminal on the US Gulf Coast.  Photographer: F. Carter Smith/Bloomberg Photos

But see: https://ecosocialistsvancouver.org/article/chart-lng-expansion-plans-threaten-global-climate-progress "The gas industry aims to dramatically expand capacity for exporting liquefied natural gas. That would be very bad news for the climate."

Feb. 13, 2023

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