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World Opposes Sanctions, Only United States And Europe Support Them

April 9, 2023 Ben Norton, Geopolitical Economy. , , , , ,
The United Nations Human Rights Council voted overwhelmingly to condemn sanctions. The only countries that expressed support for the tool of economic warfare were the United States, Britain, European Union member states, Georgia, and Ukraine. Sanctions are formally known as unilateral coercive measures, and they violate international law. On 3 April, the UN Human Rights Council voted with 33 members in support of and 13 against a resolution that “urges all States to stop adopting, maintaining, implementing or complying with unilateral coercive measures”.

Covid-19 Isn’t ‘Over’, But Medicaid Coverage Is About To Be For Millions

April 8, 2023 Chris Hedges, The Real News Network. , , ,
The Biden administration is poised to allow the national emergency on COVID-19 to expire on May 11, 2023. Once that occurs, between 5 to 14 million Americans previously covered under Medicaid will lose their insurance. Although the pandemic continues to rage, killing thousands and infecting hundreds of thousands each week, a bipartisan consensus has settled in Washington to simply pretend COVID-19 is “over.” What meager safety net was extended at the start of the pandemic is now being rolled back—leaving Americans to shoulder the risks and expenses of illness and death entirely on their own. Dr. Margaret Flowers joins The Chris Hedges Report to discuss the toll that COVID denialism will have on our society, and the generally outrageous state of US healthcare.

Countries Worldwide Are Dropping The US Dollar

April 8, 2023 Ben Norton, Geopolitical Economy. , , ,
The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. China and Russia are trading in their own currencies. Beijing and Brazil have also dropped the dollar in bilateral trade. The UAE is selling China its gas in yuan, through a French company. Southeast Asian nations in ASEAN are de-dollarizing their trade, promoting local payment systems. Kenya is buying Persian Gulf oil with its own currency. Even the Financial Times newspaper has acknowledged that a “multipolar currency world” is emerging.

Inside Russia: Economists Describe Impact Of Sanctions And Ukraine War

April 7, 2023 Ben Norton, Geopolitical Economy. , , ,
Economists Radhika Desai and Alan Freeman of the Geopolitical Economy Research Group traveled to Russia to participate in several conferences and investigate the impact of Western sanctions and the Ukraine war. They spoke with Geopolitical Economy Report about the economic situation in the ground, the country’s deepening integration with Asia, and Russian economists’ gradual move away from neoliberalism. Russian “economists have always been looking to the East; what is interesting is what’s going on in the leadership now”, Freeman said. He noted that Moscow is trying to implement a program of import substitution industrialization, to replace Western products.

Drought Profiteers: Wall Street Billionaires Snatch Up America’s Water

April 7, 2023 Lee Camp, Mintpress News. , , ,
It is time to stop calling the financial industry executives who are buying up freshwater “investors” or “hedge fund managers” and instead call them “drought profiteers.” I mean, you can also call them vultures and parasites. They all apply quite well. Come up with your own names for them. Get creative with it. Really listen to your heart. Water. We all need it to survive. It’s the main ingredient in alcohol. Just think of how many more people would be killed each year if we didn’t have alcohol to take the edge off. But here’s the problem: as the climate crisis causes drought around the world, the richest of the rich are snatching up all the fresh water.

How The Global South Has Risen In The Face Of US Sabotage

April 5, 2023 Lee Camp, Mintpress News. , , ,
Ajamu Baraka is a former U.S. Green Party vice-presidential candidate, a longstanding political activist, and a spokesperson for the Black Alliance for Peace. He joins Lee Camp this week for an interview with “Behind the Headlines.” China’s rise, U.S. meddling worldwide, international resistance to Western domination, and much more are covered in the hour. “It would be unbelievable just a few years ago to see that the Chinese are able to broker an agreement between Iran and Saudi Arabia, that countries in Latin America would actually openly criticize U.S. policies,” Baraka said, discussing signs that global power is shifting away from U.S. hegemony.

Atlanta’s “Cop City” Is A Blueprint For America’s Future

April 2, 2023 Taya Graham, The Real News Network. , , ,
In a special episode of Police Accountability Report, TRNN reporters Taya Graham and Stephen Janis report from the ground in Atlanta, where for weeks forest defenders have been fighting and risking their lives to stop the construction of “Cop City”—a massive planned police training center that would be used to instruct officers from around the country in deadly repression tactics. Speaking directly with activists on the frontlines, Graham and Janis explore the truth behind the police killing of Manuel “Tortuguita” Tehran, and the dark money sources funding the creation of the Atlanta Public Safety Center.

How The Rich Are Prepping For End Times, And Why

April 1, 2023 Lee Camp, Mintpress News. , , ,
The ultrarich are prepping for doomsday right now. France is on fire. The U.S. ruling elite and the mainstream media they own are avoiding reporting on it. The American rich want to exploit the workers more and more, and facing the wrath of the “common man and woman” is their greatest fear. So they have been increasingly coming up with ways to avoid the guillotines. The ruling class knows what’s coming: social instability caused by a combination of the climate crisis, banks failing, the soul-killing inequality of late-stage capitalism, and the impending dilution of the petrodollar. So what’s going on here?

Mexico’s AMLO Calls Out US ‘Oligarchy’ At Biden’s ‘Democracy’ Summit

March 31, 2023 Ben Norton, Geopolitical Economy. , , ,
AMLO strongly implied that the United States is an oligarchy, not a real democracy. He argued that the government needs to challenge the power of the economic elites if it truly wants to be democratic. López Obrador opened his speech warning, “Many of the great crimes against humanity have been committed in the name of God or in the name of democracy”. “In some countries, the oligarchy reigns with the façade of democracy”, he said, not so subtly referencing his northern neighbor. “How can we talk about democracy if there is no separation of economic power and political power?” AMLO asked. He added that the system that exists in many countries today is “a mixture of oligarchy and democracy, or a simulated and mediated democracy”.

Massive Anti-Government Protests Sweep Greece

March 31, 2023 Christos Avramidis, The Real News Network. , , , ,
On Feb. 28, 2023, two trains traveling along the same track collided in Greece, killing 57 people—many of them students in their teens and 20s returning home from university in Athens. The deaths of 11 workers in the crash sparked two 24-hour strikes from the railway unions, followed by demonstrations across the country that have lasted for weeks and mobilized tens of thousands of people. Workers blame the crash on a lack of properly functioning safety and communication systems, as well as severe understaffing and underfunding of the railways—all originating from “Troika” (EU, IMF, and ECB) structural adjustment imposed on Greece in the wake of the 2008 financial crisis.

US Threatened To Invade International Criminal Court

March 30, 2023 Ben Norton, Geopolitical Economy. , , , ,
Many countries in the Global South have denounced the International Criminal Court as a neocolonial institution, biased in favor of the West. Its leadership has been dominated by Europeans, and as of 2016, only Africans had been brought to trial at the court. In a rare point of agreement, the United States has also opposed the International Criminal Court (ICC) since its inception. The US is not a member of the ICC, and Washington has even imposed sanctions on its top officials and threatened to arrest judges and prosecutors. In fact, when the court first opened in the Netherlands in 2002, the United States passed a law known as the “Hague Invasion Act.”

China And Russia Pledge ‘Changes Not Seen In 100 Years’

March 26, 2023 Ben Norton, Geopolitical Economy. , , , , , , , ,
China’s President Xi Jinping traveled to Russia to meet Vladimir Putin on March 20. While in Moscow, Xi said, “Right now there are changes the likes of which we haven’t seen for 100 years, and we are the ones driving these changes together”. Putin replied, “I agree”. The two leaders discussed plans to deepen economic integration. Both took aim at the hegemony of the US dollar, in particular. “It is important that our national currencies are increasingly used in bilateral trade”, Putin said on March 21. “We should continue promoting settlements in national currencies, and expand the reciprocal presence of financial and banking structures in our countries’ markets”.

Aaron Mate At UN: OPCW Cover-Up Denies Justice To Syria Victims

March 25, 2023 Aaron Maté, The Grayzone. , , ,
At the United Nations, Aaron Maté debunks the OPCW’s latest attempts to whitewash the cover-up of its investigation into the alleged April 2018 chemical attack in Douma, Syria. Speaking to the United Nations Security Council, Aaron Maté of The Grayzone calls out the OPCW’s ongoing cover-up of its investigation into the alleged April 2018 chemical attack in Douma, Syria. Aaron also debunks the latest efforts by the OPCW, in a new report put out by the watchdog’s Investigation and Identification Team (IIT), to whitewash the scandal.

The Banking Collapse, Housing Insecurity And More

March 24, 2023 Lee Camp, Mintpress News. , , ,
The collapse of Silicon Valley Bank and the 50 billion dollar injection to Credit Suisse highlights the precarious state of the banking system. While the banks claim that they are too big to fail, the reality is that the people who suffer the most when banks collapse are ordinary Americans. The rich can protect themselves by moving their money into offshore accounts or investing in other assets. But the poor and working-class Americans who have their savings in these banks will lose everything if banks collapse. On this episode of Behind the Headlines, Lee Camp interviews James Fauntleroy, a regular contributor to the Revolutionary Blackout Network (RBN) show.

Bailout Of Silicon Valley And Banks Is $300 Billion Gift To Rich Oligarchs

March 20, 2023 Ben Norton, Geopolitical Economy. , , ,
The US government printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs and venture capital firms, paying them all of their uninsured deposits. Meanwhile, some of the very same Silicon Valley tycoons who benefited from this bailout have tried to cynically rebrand themselves as subversive populists, claiming they are fighting against the big Wall Street banks with which they have closely collaborated. Three banks collapsed in the United States in the span of one week in March 2023: Silvergate Bank, Silicon Valley Bank, and Signature Bank.
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