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Troika

It Is Not Nicaragua That Is ‘Isolated’

This January 10 was the inauguration of Nicaragua's President Daniel Ortega, the leader of the socialist Sandinista Front. Western corporate media outlets are pushing a ridiculous narrative that Nicaragua is "isolated" from the so-called "international community" — by which they mean "the imperialists in the United States and European Union." The Economist, the coup-supporting mouthpiece of British billionaires and Western intelligence agencies, published an article that epitomizes this propaganda narrative, claiming the Nicaraguan “president is leading the country into increasing isolation.” The piece — anonymous, like most of The Economist’s articles — happily chirped that “Dozens of countries refused to recognise the result of elections in November.”

Landslide Victory For ‘No’ Vote In Greece, Rejects Troika

By Staff for Popular Resistance. Today, the people of Greece voted in a landslide to refuse to accept the demands of austerity by the troika by a vote of 61.31% to 38.69%. The vote, along with an IMF report critical of the austerity plan, should open a new round of negotiations in the upcoming week. Syriza is now in a slightly stronger bargaining position and the EU now has to decide whether democracy matters. The people of Greece celebrated the vote despite the unclear and difficult paths ahead. There is a lot of confusion and unpredictable paths ahead. The simpliest path is a better deal from the troika with less austerity and restructured or even forgiven Greek debt, but some of the comments by EU and German finance leaders indicate that is unlikely. A more difficult path with lots of unpredictable repersussions is a Greek exit from the EU and the return to the Greek drachma currency. The choices are difficult, let's hope that the vote today is the beginning of a fresh start and much greater fairness and common sense from the troika.
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