The Financial Times reported—based on information from sources with direct knowledge of the investments—that Secretary of War Pete Hegseth’s long-time financial advisor invested $9.4 million with defense contractors based on inside information about the start of the war against Iran that has since seen a 38 percent increase in value.
Bahrain, Kuwait, Jordan, Qatar, Saudia Arabia and the United Arab Emirates have signalled their impending intervention as active belligerents against Iran.
None of the measures outlined will meaningfully ease the cost-of-living crisis and supply shortages resulting from the increasingly catastrophic US-Israeli war on the people of Iran.
In response to soaring prices, the National Party-led government announced a pitiful $50 weekly payment for some families, while making clear that workers must sacrifice their living standards because of the war.
This is the report delivered by Nick Beams to the 2022 International May Day Online Rally held on May 1. Beams is a longstanding leader of the International Committee of the Fourth International and an expert on Marxist economics.
Her carefully cultivated public persona has allowed Elizabeth II to be deployed at times of heightened national crisis as an illusory but politically necessary embodiment of stability and permanence.
The scale of the horror and the depth of the public reaction suggest that something of a “tipping point” has been reached.
In the wealthiest country in the world, store shelves are empty and millions of families are now facing a desperate struggle to find essential nutrition products for their babies and toddlers.
