Snipers Fatally Attack Protesters in Beirut as Lebanon Reels from Devastating Economic Collapse

This is a rush transcript. Copy may not be in its final form.AMY GOODMAN: We’re beginning today’s show looking at the growing economic and political crisis in Lebanon. Earlier today, at least five people died, over 30 were wounded in Beirut after snipers attacked a protest where demonstrators were calling for the removal of the judge investigating last year’s deadly port explosion. Today’s protest was in part organized by Hezbollah. Clashes continued in the streets of Beirut for hours after the snipers first opened fire. The deadly attack comes just days after Lebanon’s state-run electrical grid collapsed, resulting in a 24-hour nationwide blackout. While electricity has been partially…

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Joseph Stiglitz: Ending Unemployment Benefits as Pandemic Rages Is Cruel & Hurts Economic Recovery

As unemployment benefits for millions of U.S. workers expired on Labor Day, with many states suffering the worst surge of the pandemic, economist Joseph Stiglitz says it’s “disturbing” federal aid was allowed to lapse. “This is going to feed into the problems posed by the Delta variant.” Stiglitz also talks about whether Federal Reserve Chair Jerome Powell should stay in the job, saying he has done a “reasonable job” during the pandemic but has a tendency “to side with Wall Street and engage in deregulation.” Source link

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U.N. Warns of “Humanitarian Catastrophe” in Afghanistan Amid Political Turmoil, Economic Crisis & Drought

This is a rush transcript. Copy may not be in its final form.AMY GOODMAN: We begin today’s show in Afghanistan, as the United States flies out nearly 60,000 people, and counting, from the Kabul airport. The United Nations is warning Afghanistan is on the brink of a humanitarian catastrophe, as the nation faces political upheaval, a worsening economic crisis and a devastating drought. The World Health Organization says about one-half of Afghanistan’s population, including nearly 10 million children, already need humanitarian assistance, and the numbers are expected to soar. More than half of all children under the age of 5 are malnourished. The U.N. estimates nearly 400,000 Afghans…

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“We Just Want the Basics”: Rare Protests in Cuba Amid Deep Economic Crisis, Ongoing U.S. Blockade

This is a rush transcript. Copy may not be in its final form.AMY GOODMAN: We’re beginning today’s show in Cuba, where demonstrators have taken to the streets of Havana and other cities in rare anti-government protests denouncing the island’s economic crisis during the COVID-19 pandemic. Cuba is facing its harshest phase of the pandemic with skyrocketing infections. People are scrambling to cope amid shortages of medicine, food and other resources due to catastrophic U.S. sanctions. Meanwhile, on Sunday, thousands of others led counterprotests in support of the Cuban Revolution and President Miguel Díaz-Canel. This comes as the BBC reports one man has died during the protests in Cuba,…

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Cameron says he had ‘big economic investment’ in Greensill Capital

David Cameron has said he had a “big economic investment” in Greensill Capital but insisted that did not motivate his intense lobbying of the Government for the collapsed firm. The Conservative former prime minister said it was a “panful day” for him on Thursday as he gave evidence to MPs over his controversial lobbying of senior figures including Chancellor Rishi Sunak. Mr Cameron placed calls and sent dozens of texts and emails to ministers and senior officials as he appealed for their help in gaining access for Greensill to Government Covid support programmes. Rishi Sunak (Yui Mok/PA) Appearing before the Commons Treasury Committee, he insisted there was “absolutely…

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The Shecession: Women Face Staggering Job & Income Losses Amid the Pandemic’s Economic Crisis

As Democrats in Congress push forward on passing President Joe Biden’s sweeping $1.9 trillion stimulus package, many experts say measures to combat the economic fallout from COVID-19 must address the pandemic’s disproportionate impact on women — especially women of color. Women in the U.S. lost 5.5 million jobs in the first 10 months of the pandemic, nearly 1 million more job losses than men, and, combined with increased responsibilities for caregiving at home, are experiencing a “shecession,” according to researcher C. Nicole Mason. “Women have been disproportionately impacted by job and income losses during the pandemic and during this economic downturn,” says Mason, who is president and CEO…

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Rev. William Barber Says Biden Admin Must Not Sacrifice Racial & Economic Justice for False Unity

We look at how COVID-19 has increased economic inequality with anti-poverty campaigner Reverend William Barber, who delivered the homily at the official inaugural prayer service. Barber says President Joe Biden’s focus on unity cannot come at the expense of major reforms needed to fight systemic racism, poverty, environmental destruction and more. “It cannot be just kumbaya. It has to be fundamental change,” he says. “We cannot be the wealthiest nation in the world, where billionaires in this country made a trillion dollars between May and November during COVID, while poor and low-wealth people of every race, creed, color, sexuality have suffered and continue to suffer.” Source link

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Rep. Ro Khanna: $2,000 Stimulus Checks Are Needed, Not More Austerity, Amid Economic & Health Crisis

This is a rush transcript. Copy may not be in its final form.AMY GOODMAN: This is Democracy Now!, democracynow.org, The Quarantine Report. I’m Amy Goodman. President Trump unexpectedly signed a $2.3 trillion spending package Sunday that includes a $900 billion COVID-19 relief package. The bill includes direct payments of $600 for most adults, expanded unemployment benefits, aid for small businesses, money for vaccine distribution, and a temporary extension of a federal eviction ban. Millions were plunged into uncertainty over the holidays as Trump held up the signing of the bill while he vacationed and golfed in Florida. This allowed two unemployment programs to lapse Saturday night. Congresswoman Ilhan…

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Bernie Sanders: COVID Relief Package Is “Totally Inadequate” for “Unprecedented” Economic Crisis

This is a rush transcript. Copy may not be in its final form.AMY GOODMAN: The House could be voting as soon as today on a new $900 billion coronavirus aid package, after a deal was reached by congressional leaders Sunday. While the legislative text has not yet been released, the package is expected to include $600 relief checks for qualified adults and children and a temporary $300 increase in weekly unemployment benefits. The bill is expected to extend a CDC moratorium on evictions until January 31st. Many economists say a far larger stimulus package is needed to address the nation’s economic crisis. Last week, 885,000 people filed new…

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Brexit an ‘unforgivable act of economic sabotage to Scotland’ as no-deal looms

Brexit has been described as an “unforgivable act of economic sabotage” as the prospect of leaving the EU without a deal looms. Scotland’s constitution secretary Mike Russell urged prime minister Boris Johnson to ensure a no-deal Brexit is “taken off the table” during crunch talks on Sunday 13 December. But Russell described even leaving with a deal as “massively damaging”. In recent days, the prime minister has hinted numerous times at the prospect of a no-deal. He’s said it’s “very, very likely” and asked people to prepare for an “Australia-style solution”. A negative effect on jobs and the economy The constitution secretary has been in post throughout the…

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