Latest Socialism News
CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said Wednesday, following months of tensions with the federal government. Petrobras opted not to pay extraordinary dividends to its shareholders earlier this...
Socialists deal blow to separatists in Catalan elections but face uphill task to form government
MADRID (AP) — Spain’s ruling Socialist party scored a crucial victory in regional elections in the powerful northeastern region of Catalonia, garnering the most seats and dealing a blow to the region’s two main separatist parties that have governed for decades. But candidate...
Catalan separatists lose majority as Spain's pro-union Socialists win regional elections
BARCELONA, Spain (AP) — Six years after plunging Spain into its worst political crisis in decades, Catalonia's separatist parties are in danger of losing their hold of power in the northeastern region after the pro-union Socialist Party won the most votes in Sunday's election. The...
The US is now allowed to seize Russian state assets. How would that work?
WASHINGTON (AP) — The big U.S. aid package for Ukraine and other allies that President Joe Biden signed Wednesday also allows the administration to seize Russian state assets located in the U.S. and use them for the benefit of Kyiv. That could mean another $5 billion in assistance...
For decades, Moscow has sought to silence its critics abroad
From its earliest days, the Soviet Union's intelligence services — whether known as the Cheka or by the names of any of its successor agencies like the KGB — kept the government in power by pursuing its opponents no matter where they lived. Intelligence experts say that policy...
Thousands rally in Madrid to urge Spanish leader Pedro Sánchez not to resign
MADRID (AP) — Thousands of supporters and party members of Spain’s Socialist party rallied outside the party’s national headquarters in Madrid on Saturday to show their support for Prime Minister Pedro Sánchez and urge him not to step down. Sánchez stunned Spain on Wednesday...
Here's why Spain's leader is mulling his future while denouncing a 'smear campaign' against his wife
BARCELONA, Spain (AP) — Socialist Prime Minister Pedro Sánchez left Spain in suspense after announcing he may step down because of what he called an “unprecedented” smear campaign against his wife. Sánchez, who has been in office since 2018, stunned the nation Wednesday by...
Venezuela's opposition backs unknown former diplomat in latest gambit to unseat Maduro
MIAMI (AP) — Venezuela's opposition is rallying behind an unknown former diplomat to challenge Nicolas Maduro in this summer's presidential election, the latest gambit to unseat the self-declared socialist, whose lock on power seems all but assured. On Friday night, all 10 parties...
China says economy 'stable,' rejects Fitch Ratings downgrade of its fiscal outlook
BANGKOK (AP) — China’s Finance Ministry denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative, saying Wednesday that China’s deficit is at a moderate and reasonable level and risks are under control. Risks to China's...
Texas Attorney General sues to stop guaranteed income program for Houston-area residents
HOUSTON (AP) — Texas’ attorney general filed a lawsuit on Tuesday seeking to stop a guaranteed income program set to start this month for Houston-area residents. The program by Harris County, where Houston is located, is set to provide “no-strings-attached” $500 monthly cash...
