Economics

BAP Afghanistan News Update, April 11th, 2024

April 13, 2024 UNAC Editor Afghanistan, Anti-War, Austerity, Poverty and Sanctions, Sanctions and Economic Warfare, US Foreign Policy

by the Black Alliance for Peace Afghanistan News Update, April 11, 2024 Although most westerners have forgotten about Afghanistan, the US war on the Afghan people continues. [jb] Though the start of 2024 may have signaled the beginning of a new year, Afghanistan continues to endure the decades-long denial of its sovereignty by the United States. U.S.-led regime change to[…]

Government’s “New Math” Rips Off Social Security Beneficiaries $6,200 Annually Since 2,000

April 13, 2024 UNAC Editor Capitalism, Economics, The War at Home, US Hypocrisy, US Politics

By John Pottinger, published on Socialist Action, March 27, 2024 Yes, this article is talking about the so-called “Entitlement” that ordinary working people pay out of their wages week in and week out. Only the low wage earners pay relative to their full wage while higher wage earners pay against a portion of their wages consistent with the wages of[…]

Argentina: Milei’s War on Workers Met with General Strike

January 31, 2024 UNAC Editor Argentina, Austerity, Economic Collapse, Labor, Labor Struggles

By Adam Wetzstein, posted on Workers World, January 26, 2024 I see this as a warning to us. [jb] After decades of rapid inflation and economic crisis, Argentine voters last November elected economics professor Javier Milei as president. However, many consider Milei an Argentine variant of his pro-fascist Brazilian neighbor, former President João Bolsonaro, or even of Donald Trump. His[…]

Saudi, Chinese Vessels Undeterred by Yemen Red Sea Ops

January 28, 2024 UNAC Editor China, Saudi Arabia, Trade, Yemen

from the News Desk at The Cradle, published on January 26, 2024 Saudi Aramco, the world’s largest oil company, is continuing to send oil and fuel tankers through the Red Sea, despite US and UK bombing of Yemen and attacks by Yemen’s armed forces on Israeli, US, and UK-linked ships passing through the Bab al-Mandeb Strait. “We’re moving in the[…]

Houthi Red Sea Crisis Rages On as US Admits Its Impotence and Asks China to Help

January 28, 2024 UNAC Editor Anti-Imperialism, China, Global Economics, Middle East Wars, Trade Wars, US Foreign Policy, Yemen

by Uriel Araujo, published on InfoBRICS, January 26, 2024 The Financial Times reported that, over the last three months, Washington has repeatedly asked Beijing to pressure Iran into curbing the Houthi rebels. Both the White House national security adviser Jake Sullivan and Secretary of State Antony Blinken reportedly talked about the matter with their Chinese counterparts. Sullivan is even flying[…]

Venezuela Condemns US Supreme Court Ruling on CITGO

January 27, 2024 UNAC Editor Lawfare, Neocolonial Economic Dominance, Sanctions and Economic Warfare, US Government Action, US Hypocrisy, Venezuela

from the Orinoco Tribune, published January 10, 2024 Venezuelan Minister of Communication and Information Freddy Ñáñez stated that the Venezuelan government condemns the recent decision by the United States Supreme Court to ratify the dispossession of CITGO Petroleum Corporation. Through a social media post published Tuesday, December 9, Minister Ñáñez wrote that the action violates the agreements signed in Barbados[…]

Dismantling Western Hypocrisy on Xinjiang and Gaza

January 19, 2024 UNAC Editor China, Colonialism, Genocide, Imperial Wars, Israel, Israel-Palestine, Occupation, Palestine, Sanctions and Economic Warfare, Terrorism, U.S. Aggression, US Foreign Policy, US Hypocrisy

by Arjae Red, published on Workers World, January 16, 2024 The movement in the U.S. supporting Palestinian national liberation has drawn truly massive numbers of people in action. On Jan. 13, for example, a reported 400,000 people marched on the White House, marking the largest pro-Palestine demonstration in U.S. history. To counter this growing outpouring of support for Palestine in[…]

Despite Growth, Only Social Movements Will Bring Progress

January 13, 2024 UNAC Editor China, Economics, Europe, Global South

by Vijay Prashad, published on Consortium News, January 10, 2023 In October 2023, the United Nations Conference on Trade and Development (UNCTAD) published its annual Trade and Development Report. Nothing in the report came as a major surprise. The growth of the global Gross Domestic Product (GDP) continues to decline with no sign of a rebound. Following a modest post-pandemic[…]

A Peoples’ Victory — Alex Saab is Free and Home in Venezuela!

December 25, 2023 UNAC Editor Action!!, Hybrid Warfare, International Law, Organizing, Political Prisoners, Resistance, Sanctions and Economic Warfare, US Government Action, Venezuela, War on the Poor

bu Sara Flounders, published on Workers World, December 21, 2023 Alex Saab is free and home in Venezuela. For three and a half years (1,280 days), Saab, a Venezuelan diplomat, had been held in torturous conditions by the U.S. government. (The author traveled to Cabo Verde in June 2021 in a delegation with Roger Harris and Bishop Felipe Teixeira in[…]

How the Campaign to Free Venezuelan Political Prisoner Alex Saab Succeeded

December 21, 2023 UNAC Editor Diplomacy, Political Prisoners, Sanctions and Economic Warfare, US Foreign Policy, Venezuela

by Roger D. Harris, published on Dissident Voice, December 21, 2023 Alex Saab was freed from US captivity in what Venezuelan Prof. Maria Victor Paez described as “a triumph of Venezuelan diplomacy.” The diplomat had been imprisoned for trying to bring humanitarian supplies to Venezuela in legal international trade but in circumvention of Washington’s illegal economic coercive measures, also known[…]