CARACAS (Reuters) – Goodyear Tire & Rubber Co (GT.O) is halting operations in Venezuela because of dire economic conditions and U.S. sanctions, the company said on Monday, part of an exodus of foreign corporations from the country.
Demand for consumer goods has plummeted and firms are unable to import raw materials, leading companies ranging from Kimberly-Clark Corp (KMB.N) to Kellogg Co (K.N) to leave for good.
“Goodyear-Venezuela has made the difficult decision to stop producing tires,” the firm said in a statement. “Our goal had been to maintain its operations, but economic conditions and U.S. sanctions have made this impossible.”
Is a specter of socialism haunting America, especially among our millennials? There is disquieting evidence of many young Americans’ sympathy for socialism. Exhibit A: 2.052 million people under the age of 30 voted for democratic socialist Bernie Sanders in the 2016 Democratic primaries and caucuses. Exhibit B: Polls find that, not only do a large majority of millennials have a favorable opinion of socialism, a near majority would prefer to live under socialism rather than capitalism. Exhibit C: The no-longer sleeping Democratic Socialists of America (DSA) now boasts 30,000 members, most of them in their twenties and eager to follow the socialist banner.
We’ve come a long way since the 1988 presidential race when George H. W. Bush buried his Democratic challenger Michael Dukakis by labeling him a “liberal.” Socialism is no longer a parlor game for academics but a political alternative taken seriously by millennials who are not put off by the radical DSA platform.
From a distance, the scene is beautiful, a dark pool shimmering under the midday sun, reflecting billowing clouds. But when you close in on the dirt-packed trail leading toward a trio of storage tanks, a pungent odor makes it clear. It’s not pretty; it’s an oil spill.
Philippine President Rodrigo Duterte has announced plans to create a “death squad” to combat communist rebels in the country.
In a speech given on Tuesday night, Duterte spoke of his proposal to contrast the so-called sparrow units, small assassination squads manned by the New People’s Army (NPA), the military branch of the Communist Party of the Philippines (CPP).
“The only thing missing is my own sparrow unit. That’s their only advantage,” Duterte said. “So I will create my own sparrow. Duterte death squad against the sparrow.”
KYIV — Samples of ersatz bread from the Stalin-era famine that Ukrainians call the Holodomor have been discovered among criminal records in Kyiv, shedding new light on the 1932-33 calamity that killed millions of Ukrainians.
The discovery of the records by an employee at Ukraine’s Central State Archives of Public Organizations also includes two notes written to “future generations” by a Kyiv church choir conductor who ultimately was sent to the gulag in Siberia for saving the scraps as evidence of what Soviet authorities were calling “bread” in the midst of “terrible hunger.”
It is frustrating to me that many Americans are ignorant of the crimes of socialist and communist movements.
My grandmother grew up in Ukraine, which was then a part of the USSR — the Union of Soviet Socialist Republics. After waking each morning, she checked to see if any of her family members died during the night. Many of her compatriots were already dead because Joseph Stalin, the Soviet leader, implemented a mass starvation program.
Brexit chaos and Tory failures make a Jeremy Corbyn-led government—and flat-out socialism—more likely.
Thanks to the current imbroglio over Brexit, Britain could soon be Venezuela without the oil or the warm weather. The stunning incompetence of the last two Tory prime ministers, David Cameron and Theresa May, might result in a Labour government, one led by Jeremy Corbyn, a man who has long admired Hugo Chavez for having reminded him—though not the people of Venezuela—what governments can do for the poor and the achievement of social justice.
The October 1956 Hungarian uprising marked the beginning of the end of Communism
Sixty-two years ago this week protests began in the Hungarian capital Budapest that would culminate in Soviet tanks rumbling through the streets – and the importance of that historical event can be seen in the subsequent transformation of the Left.
Although events in Budapest would ultimately be a curtain-raising exercise for the fall of the Berlin Wall in 1989, Soviet domination over Eastern Europe – and over Russia itself – appeared relatively secure in the mid-to late 1950s. Indeed, during the Khrushchev era the Soviet Union appeared in rude health to outsiders: by the late 1950s the Soviet economy was growing at 5% a year, faster than the United States.
When we think of Venezuela, we think of starving people fleeing their country without access to food, clothing, toilet paper, or medical care. We think of street urchins fighting over garbage scraps with machetes. We think of migrant exoduses from socialism.
But there’s another reality about the place, and it’s not getting the attention, say, Saudi Arabia or Russia is, over the killings of dissidents. The Maduro regime is showing an alarming willingness to violently attack opposition leaders, and it’s moving in on high-profile ones who had previously seemed untouchable.
The ruling Democratic Party (DP) on Friday expressed hope that Pope Francis’ potential visit to North Korea will help speed up denuclearization of the Korean Peninsula.
The pope effectively accepted an invitation to visit North Korea on Thursday when President Moon Jae-in relayed North Korean leader Kim Jong-un’s verbal invitation. Pope Francis said if the North sends an official invitation, he will “certainly” respond to it.
“The pope’s possible visit to North Korea indicates the international community’s support for peace on the Korean Peninsula,” Hong Young-pyo, the DP’s floor leader, said at a meeting with senior party members.
“If realized, his trip will be momentum to induce the North toward the path to denuclearization,” he said. “We need a flexible approach to elicit (Pyongyang’s) denuclearization.”
The North’s leader expressed his willingness to invite the pope to his country during his third and latest summit with Moon in Pyongyang last month, according to Moon’s office.
Why advocates say expropriating unused buildings could help solve Toronto’s housing shortage
“The city should take any and all land possible that’s not being used and build social housing,” said Yogi Acharya, an organizer with the coalition pushing for the expropriation of 214-230 Sherbourne St., a cluster of lots near Dundas Street East.
“Dr. Bones,” the co-host of the far-left podcast The Guillotine, started the conversation going with his 5,000-plus Twitter followers. Bones (@Ole_Bonsey on Twitter) asked: “Hey quick little question for military minded lefties: should leftists train/organize in a ‘insurgent’ focus where they blend into a civilian population for potential attacks or a more ‘militia’ structure focused on holding/maintaining turf?”