Two US-based groups, the Center for Global Workers’ Rights (CGWR) and the Worker Rights Consortium (WRC), used previously unpublished import databases to calculate that garment factories and suppliers from across the world lost at least $16.2bn in revenue between April and June this year as brands cancelled orders or refused to pay for clothing orders they had placed before the coronavirus outbreak.
World's garment workers face ruin as fashion brands refuse to pay $16bn | Garment worke... - 0 views
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This has left suppliers in countries such as Bangladesh, Cambodia and Myanmar with little choice but to slim down their operations or close altogether, leaving millions of workers facing reduced hours and unemployment, according to the report.
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“In the Covid-19 crisis, this skewed payment system allowed western brands to shore up their financial position by essentially robbing their developing country suppliers,
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8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up - The New Yor... - 0 views
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WASHINGTON — After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now largely exhausted and poverty has returned to levels higher than before the coronavirus crisis, two new studies have found.
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The number of poor people has grown by eight million since May, according to researchers at Columbia University, after falling by four million at the pandemic’s start as a result of a $2 trillion emergency package known as the Cares Act.
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The Cares Act included one-time payments for most households — $1,200 per adult and $500 per child — and a huge expansion of unemployment insurance.
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State Actions Undermining Abortion Rights in 2020 - Center for American Progress - 0 views
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in Maryland, a district court vacated and enjoined a Trump administration rule that would have required separate insurance payments for abortion care and all other health care for people insured by certain plans under the Affordable Care Act.3
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On August 7, the 8th U.S. Circuit Court of Appeals cited Roberts’ concurrence as justification to lift an injunction on multiple abortion restrictions in Arkansas.8 The laws ban the most common procedure for second-trimester abortions, require clinics to report to law enforcement the names of minors who have abortions, and treat fetal tissue as criminal evidence.
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Restrictive abortion laws are nothing new. For decades, states have been passing laws designed to limit access to abortion care in an effort to make the right to abortion virtually meaningless.14 Since 2011 alone, state legislatures have passed more than 400 restrictive laws.15
Opinion | Republicans, Not Biden, Are About to Raise Your Taxes - The New York Times - 0 views
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The Trump administration has a dirty little secret: It’s not just planning to increase taxes on most Americans. The increase has already been signed, sealed and delivered, buried in the pages of the 2017 Tax Cuts and Jobs Act.
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65 percent of taxpayers — will face a higher tax rate in 2027 than in 2019.
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it’s a delayed tax increase dressed up as a tax cut.
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Taiwan's National Health Insurance: A Model for Universal Health Coverage - The Diplomat - 0 views
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This has since been expanded to provide equal coverage to all citizens from birth, regardless of age, financial status or employment status. Furthermore, all foreigners who legally work or reside in Taiwan are also afforded the same coverage.
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single-payer model
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How Donald Trump is intentionally making things more difficult for Biden - CNNPolitics - 0 views
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President Donald Trump continues to howl on Twitter -- between rounds of golf -- spreading the lie that he won the election he lost, and promising he will be in the White House come January.
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the first family has canceled plans for Thanksgiving in Florida to instead stay in the White House he'll leave in just more than two months.
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But across the government Trump oversees -- with actions at the Pentagon, inaction on the economy and denialism about the pandemic -- the President and his allies are undercutting President-elect Joe Biden and harming the American people, even as none of them acknowledge that they're about to be replaced.
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US Coronavirus: A top official says hospitalizations and deaths will keep climbing as C... - 0 views
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An end to the Covid-19 pandemic may be in sight with more good news on vaccine candidates, but for now "this will get worse," a top US official said Wednesday.
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"We have had one million cases documented over the past week, our rate of rise is higher than it even was in the summer, we have hospitalizations going up 25% week over week,"
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"There are so many more cases that we have, that deaths are going up."
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9 key takeaways about Trump Inc. from the New York Times report - CNN - 0 views
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he paid no federal income taxes in 11 out of 18 years the newspaper examined. He also managed to pay federal income taxes of just $750 in both 2016 and 2017.
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some of Trump's companies are doing well and profitable; others, not so much. Some of his best-known ventures "report losing millions, if not tens of millions, of dollars year after year," according to the Times. That includes his famous golf courses — which have reportedly racked up at least $315 million in losses over the past two decades.
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Trump Tower in New York is a major moneymaker
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Opinion | Trump Tries to Kill Covid Relief - The New York Times - 0 views
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The next few months will be terrible. Several thousand Americans are now dying from Covid-19 every day; given the lag between cases and deaths, the daily toll will almost certainly rise through the end of this year, and if people are careless over Christmas it could surge even higher in the new year.
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What should this relief involve? It should provide support for the unavoidably unemployed, sustain businesses through the dark months ahead and aid state and local governments that are suffering severe declines in revenues and that will otherwise be forced to make drastic cuts in essential services.
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The role of economic policy in this situation isn’t to bring those jobs back while the pandemic is still raging — we actually don’t want a resurgence of employment in high-risk sectors until vaccines are widely available. What we should be doing, instead, is minimizing the suffering while we wait. That is, the issue isn’t stimulus, it’s disaster relief.
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Student Loan Cancellation Sets Up Clash Between Biden and the Left - The New York Times - 0 views
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President-elect Joseph R. Biden Jr. is facing pressure from congressional Democrats to cancel student loan debt on a vast scale
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ut Democratic leaders, backed by the party’s left flank, are pressing for up to $50,000 of debt relief per borrower, executed on Day 1 of his presidency.
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The Education Department is effectively the country’s largest consumer bank and the primary lender, since 2010, for higher education. It owns student loans totaling $1.4 trillion
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COVID Economic Help: What Biden Can And Can't Do : NPR - 0 views
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Joe Biden will still inherit a fragile economy and a possibly uncooperative Congress, which raises questions about what — if anything — the next president can do on his own to bolster an economic recovery.
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"Ninety-five percent of all student debt is actually held by the government, and so the secretary of education would have it in his or her authority to cancel a lot of that debt,"
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"The No. 1 rule of virus economics, I always say, is that if you want to help the economy, you need to get control of the spread of the virus,"
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What Happens When the 1% Move to Miami and Austin - Bloomberg - 0 views
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A whopping 80% of New York City’s income tax revenue, according to one estimate, comes from the 17% of its residents who earn more than $100,000 per year. If just 5% of those folks decided to move away, it would cost the city almost one billion ($933 million) in lost tax revenue.
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The large differentials in our current system of state and local taxation enable the mega-rich to save millions, and in some cases tens of millions or hundreds of millions of dollars a year, simply by moving from higher-tax states, most of them blue, to lower-tax states, which are typically red
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While the pandemic has helped to accelerate remote work and potentially the geographic flexibility it allows, such migrations were more likely set in motion by Trump’s changes to the tax code: The so-called SALT deduction capped the amount of state and local taxes that can be deducted from federal taxes.
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President-elect Joe Biden Transition News: Live Updates - The New York Times - 0 views
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As they closed in on a $900 billion stimulus deal, top Democrats and Republicans in Congress haggled on Thursday over a handful of remaining issues that could help determine how much power President-elect Joseph R. Biden Jr. will have to act once he takes office to provide additional help for the sputtering economy.
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That includes a new round of stimulus payments, probably $600, to American adults; a temporary infusion of enhanced federal jobless aid of around $300 per week; and rental and food assistance. It would also revive a loan program for struggling small businesses and provide funding for schools, hospitals and the distribution of the vaccine.
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With Congress running out of time to cement a stimulus agreement and avoid a government shutdown on Friday, leaders remained optimistic that they would ultimately find a resolution, although their wrangling could bleed into the weekend.
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House Democrats Outline Tax Increases for Wealthy Businesses and Individuals - The New ... - 0 views
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WASHINGTON — Senior House Democrats are coalescing around a draft proposal that could raise as much as $2.9 trillion to pay for most of President Biden’s sweeping expansion of the social safety net by increasing taxes on the wealthiest corporations and individuals.
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The preliminary proposal, which circulated on and off Capitol Hill on Sunday, would raise the corporate tax rate to 26.5 percent for the richest businesses and impose an additional surtax on individuals who make more than $5 million.
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fall short of fully financing the entire package Democrats are cobbling together, despite promises by Mr. Biden and Democratic leaders that it would be fully paid for in order to assuage concerns from moderates in their caucus.
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Pandemic Shoppers Are a Nightmare to Service Workers - The Atlantic - 0 views
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For generations, American shoppers have been trained to be nightmares. The pandemic has shown just how desperately the consumer class clings to the feeling of being served.
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The most immediate culprit is decades of cost-cutting; by increasing surveillance and pressure on workers during shifts, reducing their hours and benefits, and not replacing those who quit, executives can shine up a business’s balance sheet in a hurry.
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Wages and resources dwindle, and more expensive and experienced workers get replaced with fewer and more poorly trained new hires. When customers can’t find anyone to help them or have to wait too long in line, they take it out on whichever overburdened employee they eventually hunt down.
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Losing Earth: The Decade We Almost Stopped Climate Change - The New York Times - 0 views
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As Malcolm Forbes Baldwin, the acting chairman of the president’s Council for Environmental Quality, told industry executives in 1981, “There can be no more important or conservative concern than the protection of the globe itself.”
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Among those who called for urgent, immediate and far-reaching climate policy were Senators John Chafee, Robert Stafford and David Durenberger; the E.P.A. administrator, William K. Reilly; and, during his campaign for president, George H.W. Bush.
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It was understood that action would have to come immediately. At the start of the 1980s, scientists within the federal government predicted that conclusive evidence of warming would appear on the global temperature record by the end of the decade, at which point it would be too late to avoid disaster.
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France Uncovers Over 180,000 Fake Covid Passes - The New York Times - 0 views
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Several countries in Europe are reporting growing instances of fake Covid passes and vaccination certificates — an indication that the vaccine resistance that threatened earlier this year to upend governments’ anti-Covid strategies is far from over.
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in Italy on Tuesday, the police in the Sicilian capital, Palermo, arrested a leader of an anti-vaccine movement and a nurse who is accused of accepting payments for pretend vaccinations.
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In Sicily, the police in Palermo said that a nurse had been paid 100 to 400 euros ($113 to $451) to pretend to inoculate people at a vaccination center so that they could obtain a Green Pass, a health document that is required in Italy to work and to participate in many social activities.
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Inflation in 19 nations using euro hits record high of 4.9% | AP News - 0 views
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Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year, official figures showed Tuesday.
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Consumer prices across the 19 countries that use the euro currency are rising at a record rate as a result of a huge spike in energy costs this year, official figures showed Tuesday.
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Eurostat, the European Union’s statistics agency, said the eurozone’s annual inflation rate hit 4.9% in November, the highest since recordkeeping began in 1997 and up from 4.1% in October, the previous high mark.
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The Complex Life of Charles Maurice De Talleyrand - 0 views
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While some tout him as one of the most skilled and proficient diplomats in French history, others paint him as a self-serving traitor, who betrayed the ideals of Napoleon and the French Revolution—liberty, equality, and fraternity. Today, the term “Talleyrand” is used to refer to the practice of skillfully deceitful diplomacy.
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During his stay in the United States, Talleyrand lobbied the French government to allow him to return. Always the crafty negotiator, he succeeded and returned to France in September 1796. By 1797, Talleyrand, recently persona non grata in France, had been appointed the country’s foreign minister. Immediately after being appointed foreign minister, Talleyrand added to his infamous reputation of placing personal greed above duty by demanding the payment of bribes by American diplomats involved in the XYZ Affair, which escalated into the limited, undeclared Quasi-War with the United States from 1798 to 1799.
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Having resigned as Napoleon’s foreign minister, Talleyrand abandoned traditional diplomacy and sought peace by accepting bribes from the leaders of Austria and Russia in return for Napoleon’s secret military plans. At the same time, Talleyrand had started plotting with other French politicians on how to best protect their own wealth and status during the struggle for power they knew would erupt after Napoleon’s death. When Napoleon learned of these plots, he declared them treasonous. Though he still refused to discharge Talleyrand, Napoleon famously chastised him, saying he would “break him like a glass, but it’s not worth the trouble.”
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