Growing Similarity Between USA and China – Rising Gap Between Rich and Poor
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Growing Similarity Between USA and China – Rising Gap Between Rich and Poor

‘The Brotherhood of Billionaires’: the two countries have the largest number of billionaires; ‘The US Government Has Abandoned the Nation’s Poor’; ‘A New Portrait of the World’s Wealth — and Wealthiest’; ‘A Steelworker in China Writes About His Working Conditions’.

The UAW Won Big: What Does It Mean for the U.S. Labor Movement?
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The UAW Won Big: What Does It Mean for the U.S. Labor Movement?

On October 25, after 41 days on the picket lines, the United Auto Workers (UAW) secured a first tentative contract agreement with Ford. Within just four days, GM and Stellantis had followed suit — agreeing to almost identical wage increases, bonuses, and benefit packages — effectively ending what had been one of the most important,…

Actual U.S. Military Spending Reached $1.537 Trillion in 2022—More than Twice Acknowledged Level
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Actual U.S. Military Spending Reached $1.537 Trillion in 2022—More than Twice Acknowledged Level

For decades, it has been recognized by independent researchers that actual U.S. military spending is approximately twice the officially acknowledged level. In 2022, actual U.S. military spending reached $1.537 trillion—more than twice the officially acknowledged level of $765.8 billion.

CFA Franc System in Francophone Africa: A Tool of French Financial Imperialism
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CFA Franc System in Francophone Africa: A Tool of French Financial Imperialism

French colonial foundations suffered a huge blow in the early 1960s. However, its main tool of the economic exploitation, the CFA franc financial system, resisted the decolonization wave. This article analyses French imperialism through a study of the CFA franc system.