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Sanctions

Ukraine And The Strength Of Nonalignment

China and Russia appear to have understood from the first that the Ukraine crisis would affect the geopolitical maps in these two ways. Their joint statement on Feb. 4, the eve of the Beijing Olympics and slightly more than two weeks before Russia began its intervention, was a not-very-veiled rejection of the West’s claim to global hegemony and an invitation to begin constructing a new world order based on principles Western nations profess but pay no mind to. If nonalignment is the emergent drift in global politics and policy, India is logically prominent among the battlegrounds where the fight is engaged. India is big and populous. It is influential among non–Western nations. And Washington has long entertained ridiculous fantasies to the effect that it can pull New Delhi decisively into the Western camp against Russia and China alike.

Jump-Starting A Commune: Voices From Monte Sinaí

Monte Sinaí Commune is a young organization working hard to foster communal production and strengthen non-market social relations. This commune’s territory reaches into both Anzoátegui and Miranda states, but has its epicenter in the small town of Santa Bárbara in the Guanape Valley. Various crops, including coffee, cocoa, black beans, diverse tubers, and avocado, all grow in this lush and varied region. Since the coffee trees here are old and low in yield, the commune has built a plant nursery to grow coffee seedlings to replace the old trees. The process of forming the Monte Sinaí Commune began about a year ago. Since then, we have been working very hard. As the saying goes, we are a diamond in the rough, but the beauty of the project is beginning to show. Our parliament meets every Wednesday no matter what. That is where we bring our ideas to the table, debate, and plan.

Self-Government In Times Of Blockade: Luisa Cáceres Commune

Eastern Venezuela is home to extensive petroleum extraction and processing operations which have their hub in the cities of Barcelona and Puerto la Cruz in Anzoátegui state. The Luisa Cáceres de Arismendi Commune, one of the most advanced communes in the country, grew up in the shadow of this multibillion-dollar business in one of Barcelona's working-class neighborhoods. This is a rapidly-growing commune – remarkable because of its success in an urban context – which focuses on recycling and waste disposal to maintain itself. In Part I of this two-part series, Luisa Caceres’ communards explain the challenges of building a commune in a country besieged by US imperialism.

How The US Does ‘Diplomacy’

The U.S. doesn't do diplomacy. Every country has its own interests. But the U.S. and its pricks in the State Department insist that its interests must have priority over all others. Any country that disagrees with that will be called out on this or that issue or will even get sanctioned.

Venezuela’s Economy Will Grow 20% In 2022, Despite Illegal US Sanctions

The major Switzerland-based bank Credit Suisse has predicted that Venezuela’s real GDP growth will be 20% in 2022. The prominent Western financial institution also forecasted that Venezuela’s real GDP will increase by an additional 8% in 2023. These predictions come despite an illegal US blockade imposed on Venezuela, which has starved the government of revenue, locked it out of the international financial system, and fueled an economic crisis. The top United Nations expert on sanctions estimated that the Venezuelan government lost 99% of its revenue due to the Western unilateral coercive measures, which are illegal under international law. “Unilateral sanctions increasingly imposed by the United States, the European Union and other countries have exacerbated the [economic crisis],” stated Alena Douhan

Ukraine – A Decisive Transfer Of The Balance Of Power From West To East

Most of the debate and coverage of the ongoing Russo-Ukrainian war in Australia and the Western world is decidedly banal. It is characterized by the simplification of an extremely complex situation to generate a narrative that can be summarized as Putin and Russia are evil and Ukraine is good. This gross simplification is not helpful in either understanding the causes of the war, the nature of the war, its broader implications and most importantly of all, how it can be ended with the least number of additional deaths and injuries and damage to Ukraine’s infrastructure. The preponderance of human-interest reporting of the conflict in lieu of coverage of the war itself is illustrative. The heartbreaking examples of families torn asunder along with the brave exploits of Ukrainian soldiers or allegations of war crimes by Russia, whilst important, tends to trigger an emotional response rather than provide an accurate depiction of the course of events.

US-EU Sanctions Hit Latin America’s Banana Growers

Russia is a large consumer of the Latin American banana—but western sanctions have dealt a devastating blow to farmers who can no longer get their products to market. For Ecuador, the world’s largest exporter of bananas, the setback has been disastrous. Around 25% of Ecuador’s banana exports go to Russia and 90% of all bananas consumed in Russia come from Ecuador. However, commercial ships carrying the bananas can no longer reach the port of St. Petersburg due to sanctions imposed by the US and EU. The sudden drop in demand has left producers with excess supply. Prices have collapsed as a result. Richard Salazar, Director of Arcobanec (exporters association) said that Ecuador usually exports bananas for up to $US 5.50 per box.

History Rounds Off Skeletons To Zero

On 16 March 2022, as Russia’s war on Ukraine entered its second month, Kazakhstan’s President Kassym-Jomart Tokayev warned his people that ‘uncertainty and turbulence in the world markets are growing, and production and trade chains are collapsing’. A week later, the United Nations Conference on Trade and Development (UNCTAD) released a brief study on the immense shock that will be felt around the world due to this war. ‘Soaring food and fuel prices will have an immediate effect on the most vulnerable in developing countries, resulting in hunger and hardship for households who spend the highest share of their income on food’, the study noted. South of Kazakhstan, in the Kyrgyz Republic, the poorest households already spent 65% of their income on food before these current price hikes; as food inflation rises by 10%, the impact will be catastrophic for the Kyrgyz people.

Meet the New, Resource-Based Global Reserve Currency

It was something to behold. Dmitri Medvedev, former Russian President, unrepentant Atlanticist, current deputy chairman of the Russian Security Council, decided to go totally unplugged in an outburst matching the combat star turn of Mr. Khinzal that delivered palpable shock and awe all across NATOstan. Medvedev said “hellish” Western sanctions not only have failed to cripple Russia, but are instead “returning to the West like a boomerang.” Confidence in reserve currencies is “fading like the morning mist”, and ditching the US dollar and the euro is not unrealistic anymore: “The era of regional currencies is coming.” After all, he added, “no matter if they want it or not, they’ll have to negotiate a new financial order (…) And the decisive voice will then be with those countries that have a strong and advanced economy, healthy public finances and a reliable monetary system.”

Sanctions On Russia Boomerang – Biden Promises Food Shortages

“Food shortages — it’s going to be real,” President Joe Biden said in Brussels March 25. “The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.” This  ominous warning, reported around the world, was delivered at a NATO press conference. As Biden spoke, workers’ actions in Spain, Greece, Italy, France and Germany confronted soaring prices for fuel and food. From truckers to farmers on tractors, roads were blocked. Fishing people organized on boats. The price of fuel has already become unbearable. This resistance is just a glimpse of what is to come, as the economic unraveling of Europe, due to U.S. and European Union sanctions, boomerangs back on those countries who acceded to U.S. demands.

US Recklessly Eyes China As Target In Economic War

The United States is setting up China as a second target of its intense economic war against Russia in what could have cataclysmic effects on the world economy, including the West. The U.S. could not impose the most stringent sanctions on Moscow without the Russian invasion of Ukraine, and now the U.S. is trying to link China to the war. Washington’s move to frame Beijing emerged Monday when unnamed U.S. officials told its allies that Russia had asked China for military aid in Ukraine. Reuters reported: “The message, sent in a diplomatic cable and delivered in person by intelligence officials, also said China was expected to deny those plans, according to the official, who spoke on condition of anonymity.”  China indeed denied it.

US Threatens Nuclear War Or Sanctions

The well-established capitalist disorder, dominated by U.S. imperialism and in place since World War II, is on shaky ground. Extreme economic sanctions imposed on Russia are dragging the whole world into a war that started long before the Russian intervention in Ukraine on Feb. 24. A big calculation is which countries will be forced to accept the onerous economic sanctions imposed on Russia by the U.S. Countries representing a majority of the world’s population are not willing to tie their sovereignty to total Wall Street control. To the shock of U.S. war strategists, almost all of Latin America, the Caribbean, many countries in Africa, and most of Asia have rejected the sanctions on Russia. The open defiance by so many countries and major trading blocs is a stunning confirmation of the weakening hold of U.S. economic power.

Sanctions: The Unintended Consequence Of Involuntary Decolonization

In support of the white supremacist Ukrainian puppet government, many US and European companies have been withdrawing from doing business in Russia. The supposed purpose of such sanctions is, of course, to strangle a country’s economy and its people into submission to the will of imperialists. And yes, sanctions kill, particularly in countries that do not have access to certain goods, necessary materials and complex technological services and need to import them. But there is also another aspect of sanctions, and that is the looting via the “confiscation” of assets belonging to the sanctioned country. Theft and piracy by any other name…The consequences are dramatic, especially for the people, and are thus criminal and illegal acts perpetrated by imperialist powers.

High-Level US-China Talks In Rome Focus On Russia-Ukraine

On Monday, National Security Advisor Jake Sullivan held seven-hour talks in Rome with Yang Jiechi, one of China’s top foreign policy officials. According to the White House, the two officials had a “substantial discussion” on Russia and Ukraine. In recent years, China and Russia have grown closer together as they both have faced similar pressure from the US and its allies. A Biden administration official told reporters that the US has “deep concerns about China’s alignment with Russia at this time” and said Sullivan warned China of potential “consequences” for certain actions. “What we have conveyed — and what was conveyed by our national security adviser in this meeting — is that, should they provide military or other assistance that of course violates sanctions or supports the war effort, that there will be significant consequences,” White House Press Secretary Jen Psaki said.

Congress Screws American Workers To Escalate War On Russia

On March 8, as the Russian military operation inside Ukraine expanded, President Joseph Biden announced a total ban on Russian oil to the United States, sending oil prices to record highs. “Today I am announcing that the United States is targeting the main artery of the Russian economy. We’re banning all imports of Russian oil and gas and energy. That means Russian oil will no longer be acceptable at US ports and the Americans will deal another powerful blow to Putin’s war machine.” Following Biden’s announcement, his allies in the media spread the message that higher gas and food prices and rising inflation was a price that Americans simply had to pay to put the hurt on Putin.

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Keep independent media alive. 

Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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