Chip Wars or the Crisis of Late Capitalism?

WITH the US imposing technology sanctions on China, the world’s electronics industry is facing turbulent times. After the sanctions, Huawei has slipped from its number one slot as a mobile phone supplier (2nd quarter 2020) to number seven currently. Commenting on this slide, the Huawei chairman has said that right now, Huawei’s battle is for survival. On that count, Huawei is not only surviving but doing pretty well.

Stop the Sale of India

CPI(M) Polit Bureau has issued the following statement on August 24THE central government has officially announced the sale of India.The National Monetisation Pipeline (NMP) released by the finance minister yesterday, details the loot of our national assets and infrastructure. This is an outright plunder of people’s wealth.Selling family silver to meet daily expenditure makes neither economic nor common sense.

Mexico’s Turn Away from Neoliberalism

PRESIDENT Lopez Obrador of Mexico in his inaugural speech itself had called neoliberalism a “disaster” and a “calamity”. The Leftist political party, MORENA, to which he belongs, had stated in its programme: “The global economic crisis has revealed the failure of the neoliberal model.

The Fragility of US Imperialism

ON August 15, the Taliban seized Kabul with barely any gunfire. The Afghan National Army (ANA) – trained with $88 billion from the United States – faded into the byways, unwilling to fight the Taliban troops. Afghanistan’s president – the former World Bank official Ashraf Ghani – boarded a flight out of the country as soon as the Taliban stepped into greater Kabul; he was not going to lead any fight to defend his government. The previous day, when it was already clear that the Taliban would seize power, US president Joe Biden conceded that the United States had lost the war.

TN: White Paper on State Finances & the Budget

THE governor’s address to the Tamil Nadu state assembly, delivered soon after the formation of the DMK government following its massive victory in the assembly elections held last May, indicated that the government would place in the public domain a White Paper detailing the fiscal situation of Tamil Nadu in order to enable the members of the legislative assembly and the people to understand the true status of their government’s finances.

Unbridled damage to the Ecosystem leads to Colossal Loss

“NEARLY 6,800 people lost their lives in the country over the past three years due to hydro-meteorological calamities such as flash floods, landslides and cyclones and West Bengal has recorded the highest deaths among all states,” these details were provided by the union home ministry in a response to a question raised by an MP from Tamil Nadu in Lok Sabha.According to the ministry, hydro-meteorological calamities/ hazards include flash floods, cloudbursts and landslides.

THE WEEK IN PARLIAMENT

THE Lok Sabha and the Rajya Sabha were adjourned sine die on August 11. During the entire Monsoon Session, a united opposition protested over the Pegasus snooping, farm laws, fuel price hike and other issues.

Bihar: Misgovernance Continues to Plague the State

THE devastating flood in Bihar has caused large scale destruction of infrastructure and rendered lakhs of people homeless, taking shelter on the side of highways and high lands without food, water and other essential needs. Among the 16 flood-ravaged districts, Bhagalpur is the worst affected and cut off from the state capital. The national highway connecting Bhagalpur is also under water. The so-called preparation of the government to face the flood is nonexistent.

On Afghanistan Situation

Communist Party of India (Marxist) and Communist Party of India have issued the following joint statement on August 18THE United States has suffered a humiliating defeat in Afghanistan. Twenty years after the toppling of the then Taliban regime, the Taliban are back in power.

PM’S INDEPENDENCE DAY SPEECH: An Exercise in Deception

AN Independence Day speech, more so one which marks the beginning of the year of the 75th anniversary of India’s independence would surely have merited a reiteration of the values which won us our independence. But not for Prime Minister Modi. In his 88 minute long speech, there was only a cursory reference to the freedom struggle and its heroes.

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