San José, CA – On Friday, August 23, the U.S. stock market opened lower, on the news that China was retaliating to Trump's latest round of tariffs. It then recovered after Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole economic conference. Then Trump tweeted that he was “ordering” U.S. companies to leave China, and stocks dived, with the Dow Jones Industrial Average ending with a loss of more than 600 points or almost 2.5% lower. The broader S&P 500 average fell a bit more than 2.5% percent and the NASDAQ composite, which is heavily weighted towards technology companies, fell 3%.
There’s a tendency among progressives in the United States to support big crowds of people protesting in other countries. No doubt, the corporate media assists in this process by labelling certain movements ‘pro-democracy’ or ‘freedom fighters.’
Fight Back News Service is circulating the following August 14 statement by Jose Maria Sison, National Democratic Front of the Philippines (NDFP) Chief Political Consultant.
Milwaukee, WI – On the evening of August 9, over 50 anti-war activists, peace advocates and community members gathered at the Urban Ecology Center in Washington Park on Milwaukee’s north side to remember the victims of the dropping of atomic bombs on Hiroshima (August 6) and Nagasaki (August 9) in 1945. Additionally, victims of recent and prior mass shootings across the U.S. were honored.
Washington DC – On August 8, China’s Foreign Ministry spokesperson Hua Chunying said that the People's Republic of China would continue economic cooperation with Venezuela. Speaking in Beijing, Hua stated the U.S., “should let the Venezuelan people decide their future and immediately stop the bullying behavior.”
San José, CA – On Monday, August 5, China replied to Trump’s new tariff threat by calling off the purchases of U.S. agricultural products and weakening government support for the RMB, China’s currency. In response the RMB fell to 14 U.S. cents, meaning it will take slightly more than 7 RMB to buy one U.S. dollar. Soybean prices also fell, as China is the largest foreign buyer of U.S. soybeans.
New York, NY – Over 100 protesters gathered outside of the Philippine Consulate General in New York City on July 22 for the People’s State of the Nation Address. This action was part of a larger call to oust U.S.-backed Philippine President Rodrigo Duterte as he gave his State of the Nation address.
San Francisco, CA – On July 22, more than 300 people packed the street in front of the Philippine consulate in San Francisco. Chants of “People power now!” and “No justice, no peace! Stop the killings in the Philippines!” rang out as protestors called for the ousting of Philippine President Duterte, who has killed thousands in his so-called ‘war on drugs.’ The occasion was the “Peoples’ SONA” on the occasion of the official State of the Nation Address given by the Philippine president each year.