Economic Collapse

Are Western Wealthy Countries Determined to Starve the People of Afghanistan?

January 15, 2022 UNAC Editor Afghanistan, Economic Collapse, Sanctions and Economic Warfare

by Vijay Prashad, published on Countercurrents, January 15, 2022 On January 11, 2022, the United Nations (UN) Emergency Relief Coordinator Martin Griffiths appealed to the international community to help raise $4.4 billion for Afghanistan in humanitarian aid, calling this effort, “the largest ever appeal for a single country for humanitarian assistance.” This amount is required “in the hope of shoring up collapsing[…]

The U.S. Is Destroying the Lives of the People of Afghanistan

November 27, 2021 UNAC Editor Afghanistan, Economic Collapse, Imperial Wars, Indigenous peoples, Migrants and Refugees, Sanctions and Economic Warfare

by Barry Sheppard, published on Socialist Action, November 22, 2021 When the U.S. left Afghanistan in August it also froze almost all foreign aid to the country. It has now come to light that the major part of the economy under the U.S. military and its puppet government was completely dependent on that foreign aid. In other words, the U.S.[…]

U.S. role exposed Masses resist Sudan coup

November 5, 2021 UNAC Editor American Exceptionalism, Austerity, Civil Resistance, Economic Collapse, International Aid and Debt, Sanctions and Economic Warfare, Sudan

by Sara Flounders, published on International Action Center, November 2, 2021 Incredible exposure of U.S. actions to humiliate and impoverish the Sudanese people and destabilize Sudan. And the hypocrisy of it all. The U.S. wants Sudan to pay sanctions to U.S. victims of their wars when they don’t have money to eat. Of course the US would never consider doing[…]

Global Supply Chain Crisis: Workers’ Health and Safety vs. Capitalists’ Profits

October 12, 2021 UNAC Editor Capitalism, Economic Collapse, Labor Struggles, Public Health

by Betsey Piette, published on Workers World, October 7, 2021 At the beginning of the coronavirus pandemic in 2020, panic buying seemed to create a shortage of different necessities, including toilet paper. Midway through the COVID-19 pandemic, housing prices started rising drastically, as demand surpassed supply due to shortages of construction materials. As students returned to in-person learning, schools found[…]

While the Stock Market is Booming, Jobs Report Hides Hunger

September 19, 2020 UNAC Editor Austerity, Economic Collapse, Economics, War on the Poor

By G. Dunkel posted on Workers World, September 11, 2020 Getting enough food was hard for people working low-wage jobs before the pandemic. Now it’s harder, given the huge increase in unemployment — 29 million jobless workers now live off meager unemployment insurance. Millions without work are getting nothing, and more than 50 million people are “food insecure,” meaning they[…]

How the US Helped Push Lebanon to The Brink of Collapse

August 26, 2020 UNAC Editor Economic Blockade, Economic Collapse, Lebanon, Sanctions and Economic Warfare

by Ben Norton, published on The Grayzone, August 13, 2020 As the people of Lebanon suffer through one of the worst economic crises in their nation’s conflict-ridden history, the Donald Trump administration is exploiting the disaster to force regime change and weaken Lebanese resistance groups. A massive explosion on August 4 devastated Lebanon’s capital Beirut, killing more than 150 people,[…]

Beirut Suffers While Demanding Answers

August 9, 2020 UNAC Editor Breaking News, Economic Collapse, Featured, Lebanon

by Steven Sahiounie, published on Mideast Discourse, August 7, 2020 The sonic blast at the Port of Beirut on August 4 produced a huge white mushroom cloud that enveloped the port and then rose into the evening sky just after 6 pm. However, the cloud of confusion and disbelief still fogs the minds of the Lebanese people, who demand answers[…]

Let the Rich Pay for the Crisis

July 6, 2020 UNAC Editor Austerity, Economic Collapse, Latin America, Public Health

by Katu Arkonada, published on Resumen, July 4, 2020 After the economic crisis of 2008, there was a sector that not only recovered quickly but continued to grow exponentially, the luxury goods sector. While a large part of the population saw their social and labor rights cut back, the occupation of 5-star hotels, the sale of real estate by luxury[…]

As US Reels From COVID-19, Trump Turns to Sanctions, War Making and Threats

May 17, 2020 UNAC Editor Economic Collapse, Hybrid Warfare, Propaganda, War on the Poor

by Alan MacLeod, published on Mintpress News, May 15, 2020 Presiding over by far the worst COVID-19 outbreak in the world, the Trump administration is making it a key priority to escalate hostilities with its perceived international enemies. Last night President Trump suggested that he might “cut off” all trade with the People’s Republic of China. “Now, if you did,[…]