Curated list of the recent news you should know!
Let’s start with some global economy news!
- The global recession sure seems imminent folks.
- Why do we have to wait for the people who caused a problem to tell us it’s a problem?
There’s a lot going on in South Korea, which isn’t a good sign for the economy…
- South Korea’s economy is, for now, bearing the brunt of the US-China trade war. This will likely come back to bite the US in the ass, because export-dependent economies like South Korea and Singapore (which is also not doing well economically) are bellwether economies for global trends.
- After Trump threatened South Korea to pay more for the US military literally occupying their country, South Korean anti-American activists broke into the embassy. Seoul Police beef up security after.
[South China Morning Post] South Koreans rush to eat pork as swine fever cuts supply and threatens entire industry
- African Swine Fever, which has infected China heavily, has spread to SE Asia, and now South Korea.
- A classic American Imperialist tactic. If North Korea allowed a foreign tourist industry, they would put destroy the economic situation that allows them to be independent. Remember, the North Korean perspective is that South Korea isn’t an independent nation, it’s a colony of the US. If there was a western tourism industry in North Korea, the North Korean view would be that it is indeed also an act of colonization.
Now onto China…
- Highlighting the differences between Macau and Hong Kong, the Chinese government wants to allow Macau to handle the nearby Hengqin Port. Right now, there’s too much complicated bureaucracy involving where the port’s workforce lives, so it’d be easier to allow Macau to handle it.
- This case is super complicated and at the root of the Hong Kong protests. Basically, the guy murdered his pregnant girlfriend. He was from Hong Kong, but murdered her in Taiwan. He was found and arrested in Hong Kong. The extradition bill that originally started the protests was a bill to extradite the murderer to China, in order to be punished.
- Now, Taiwan wants Hong Kong to extradite the murderer to Taiwan. But their in a tenuous position, because the terms in which he’s extradited would have far-reaching implications about how Taiwan perceives its relation to the country of China and the Chinese state.
[Washington Post] Trump abandoned the Kurds in Syria. Could Taiwan be next?
- Linking this opinion piece, because it has an irresponsible level of ignorance about China-Taiwan relations. China has no desire to attack Taiwan. China considers Taiwan as an official province of the People’s Republic of China. Similarly, Taiwan considers all of China to be part of the Republic of China.
- China wants this dynamic to continue. In fact, if Taiwan ever withdrew their claim to China is when China may attack. China wants Taiwan to continue claiming its China, because then it’s more justified to eventually annex Taiwan in some way. If Taiwan considered itself a country independent of China, it would be seen as a secessionist movement.
- This piece is just baseless anti-China fuel.
And speaking of Syria…
- …but the US imperialism factory tells us they’re the bad guys!
Transitioning to Malaysia…
- I’ve written about Malaysia’s PM Mahathir before. He has a lot of anxiety about China. Dude seems a little paranoid, but that’s also pretty much why he was elected.
- I’ve been trying to highlight Malaysia’s role in the global economy on this blog, partially due to their economic growth, but also because of Prime Minister Mahathir’s aggressive, capitalist-nationalism, opposition to China, etc.
- But now, by speaking out against India’s handling of Kashmir, the Indian government is discouraging buying material to make palm oil from Malaysia.
Speaking of India…
- …really though, it’s India.
And a few stories from California…
- This article was just funny to me because banning weed in limos, tour buses, and hospitals seem weirdly specific, considering California now has weed cafes.
- The California housing crisis is getting worse with no sign of getting better. Any effort Newsom has done to assuage this has failed.
- The most interesting thing about this is now electric provider Edison is also considering shutting off electricity, the same way PG&E did in Northern California.
Now regarding some of those global protests currently going on…
- The ‘riots’ are mostly caused by mostly urban inequality issues like high rent and raised fare on the subway.
- The Chilean protests continue, even as President Piñera retracts the metro fare hike, the original cause for protest. They’re continuing the protests due to neoliberal reform in general. The government called in over 10,000 police and military. Eight dead, more than 2,100 detained.
[France 24] Lebanon’s Hezbollah under rare street pressure
- Hezbollah has taken a mild approach to the current Lebanese government, not calling for a new government, but instead asking for reforms. Lebanese people are upset with this equivocation, and are uncharacteristically demonstrating against Hezbollah.
And now some tech news…
[The Verge] HTC now has an entry-level blockchain phone
- Cellphone now can act a bitcoin node, the future intensifies.
- And the embodiment of evil Peter Thiel has invested $50 million into a crypto-mining farm.
- This article has a very “haha gotcha” tone to it, like Huawei is screwed. But Huawei isn’t going anywhere, and this phone OS is still on the near horizon.
- Good luck to twitter, but this says the Powers That Be are well aware of the proliferation of deepfakes and the impact they will have, more than it says anything about actual reduction in deepfakes.
Now for a quick hodgepodge of global politics…
- I read this whole story and I’m still pretty confused. EU politics seem unique. But it helps give insight into the process of EU membership and its bureaucracy.
- Currently, Qatar has no minimum wage. Their worker exit permits basically mean that Qatar and Qatari corporations employ foreign workers, then forces them to leave when their work contract is done. Qatar didn’t reveal what the minimum wage will be.
- Israel with the US is participating in a closed-door meeting with Bahrain, who has no diplomatic ties with Israel. Hamas rightfully sees this as a stunt to give countries more indebtedness to Israel.
- Bangladesh wants to move up to 100,000 Rohingya refugees to a flood-prone island an hour boats ride from mainland Bangladesh.
- Hell yeah comrades!
And to close, a variety of different American news…
- Good for Burgerville Union! The blueprint for fast food and service industry unionization.
[Atlanta Journal-Constitution] Excitement is high to expand gambling in Georgia, but so is skepticism
- I currently live in Pennsylvania, and casino gambling spread here in 2006. Personally, as someone who worked in a Pennsylvania casino, I think the gambling industry should face much more scrutiny when it comes to big changes to the US economy. It’s a poor method of “job creation”, in places where jobs have left, because it just further creates a capitalist-dominated predatory economy.
- This is interesting to me, because this is the direction the US military, and global imperialist policing has been shifting since the Korean War. But it’s now becoming more and more clear. Amash is being coy, because unequivocally the US military is a mercenary force.
For example, Trump said on October 16:
“You read where we’re sending some troops to Saudi Arabia. That’s true. Because we want to help Saudi Arabia. They have been a very good ally. They’ve agreed to pay for the cost of those troops. They’ve agreed to pay fully for the cost of everything we’re doing over there.. . . Saudi Arabia is paying for 100 percent of the cost, including the cost of our soldiers. And that negotiation took a very short time — like, maybe, about 35 seconds.“
I may write more in-depth on this later.
- In my last newsletter, I linked an article about Tom Delonge’s UFO organization working on a secret project with the US Army. Now we know it’s to test metals that are believed to be from UFOs, to see if the military can use them.
- Dystopian but not at all surprising.
[Hollywood Reporter] Ken Loach Says Marvel Films Are “Made as Commodities Like Hamburgers”
From the article:
“They’re made as commodities like hamburgers, and it’s not about communicating, and it’s not about sharing our imagination,” he said. “It’s about making a commodity which will make a profit for a big corporation – they’re a cynical exercise. They’re a market exercise, and it has nothing to do with the art of cinema. William Blake said, ‘When money is discussed, art is impossible.'”
Hard to argue with that!