08/07/2024
By Daniel Johnson*
The war in Gaza passed the nine-month mark on Sunday with humanitarians left assessing the damage of a fresh Israeli airstrike on a UN school.
© UNRWA/Mohammed Hinnawi | Some 190 schools and other facililities run by the UN agency for Palestinian refugees, UNRWA, have been severely damaged in Israeli airstrikes since war erupted on 7 October.
(UN News)* — “Another day. Another month. Another school hit,” said Philippe Lazzarini, head of UNRWA, the largest aid agency in Gaza, in a post on X, formerly Twitter, after a school in Nuseirat, central Gaza, was “hit by the Israeli Forces” on Saturday [6 July 2024].
It was home to nearly 2,000 people forcibly displaced by the hostilities, the UNRWA Commissioner-General said, adding that dozens of casualties had been reported.
Posted in Asia, Genocide, Market Lords, Middle East, Migrants and Refugees, Mother Earth, Others-USA-Europe-etc., The Peoples, War Lords |
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08/07/2024
KUALA LUMPUR, Malaysia, Jul 8 2024 (IPS)* ––For some time, most multilateral financial institutions have urged developing countries to borrow commercially, but not from China. Now, borrowers are stuck in debt traps with little prospect of escape.
Jomo Kwame Sundaram
More debt, less growth since 2008: The last decade and a half has seen protracted worldwide stagnation, with some economies and people faring much worse than others.
The 2008 global financial crisis and Great Recession have recently been worsened by the Covid-19 pandemic, US Federal Reserve Bank-led interest rate hikes and escalating geopolitical economic warfare.
Following Reagan-inspired tax cuts, ostensibly to induce more private investments, budget deficits have loomed larger. Instead of enabling rapid recovery, greater fiscal austerity is now demanded, as in the 1980s.
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Posted in Africa, Asia, Latin America & Caribbean, Market Lords, Middle East, Others-USA-Europe-etc., The Peoples |
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