As the United States’ largest corporations continue their unprecedented stock buyback spree in the wake of President Donald Trump’s US$1.5 trillion tax cut, new government data published on May 22 shows that US banks are also smashing records thanks to the Republican tax law. They raked in $56 billion in net profits during the first quarter of 2018 — an all-time high.
Donald Trump
The world saw two starkly opposed moral cultures on May 14, writes Barry Sheppard.
Emma Wilde Botta looks at US President Donald Trump’s latest effort to “break the regime” in Iran — by renouncing the nuclear deal negotiated by his predecessor.
Donald Trump’s announcement that the US will withdraw from the 2015 nuclear deal with Iran and reimpose economic sanctions will intensify geopolitical conflicts in the region. It threatens to spark a wider war, engulfing the region and possibly the world.
With growing concern over the possibility of a trade war between China and the United States, Marty Hart-Landsberg takes a look at the issues at stake.
I awoke this morning to Radio National telling me that United States President Donald Trump could be in line for a Nobel Peace Prize.
What the … is black white? Had I awoken in a dystopian parallel universe?
Last week, the creep was bombing Syria. This week he’s the world’s greatest peacemaker and British bookies are slashing the odds on Trump and Kim Jong-un getting a Nobel Prize!
The intra-Korea summit on April 27 may well be recorded as historic, writes Youngsu Won from Seoul, but questions remain about how stable any peace that emerges will be.
The Panmunjeom Declaration signed by Kim Jong-un and Moon Jae-in clearly signifies Korea’s transition to peaceful coexistence. This development is welcomed by all except for anti-communist hysterical lunatics, nationally and internationally.
A suspected chemical weapons attack on April 8 killed at least 60 people and wounded more than 1000 in the Syrian town of Douma, the last rebel-held town in Eastern Ghouta. The Syrian opposition blamed the Assad government for carrying out the attacks, but Syria denied having any role. The chemical attack came one day after Syrian forces launched an air and ground assault on Douma.
Bhaskar Sunkara is editor of the US-based socialist magazine Jacobin and a member of the Democratic Socialists of America, which has experienced rapid growth over the past year. Green Left Weekly’s Alex Bainbridge spoke to him about US politics under President Donald Trump and prospects for socialists.
Under the Donald Trump administration, the US government and weapons manufacturers are making a killing through arms sales to other countries, writes Jose Olivares.
Venezuelan President Nicolas Maduro has come out strongly against United States President Donald Trump’s latest sanctions on the South American country. These prohibit “all transactions” with “any digital currency” issued by the Venezuelan government — alluding to the cryptocurrency promoted by the Venezuelan authorities, known as “Petro”.
Following the resignation of former Goldman Sachs executive Gary Cohn as the Trump administration's Chief Economic Advisor, US President Donald Trump tweeted: “Will be making a decision soon on the appointment of new Chief Economic Advisor. Many people wanting the job — will choose wisely!”
I am sure he's right on at least the first part of that tweet. There will undoubtedly be a conga line of other corporate bloodsuckers eager to take the job.
The United States administration has stepped up its efforts at “regime change” in Venezuela in recent weeks.
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