International Aid and Debt

US Imperialism Inflicts Untold Horrors On Niger, Among the World’s Poorest Nations

December 16, 2023 UNAC Editor International Aid and Debt, Neocolonial Economic Dominance, Niger, Paths to Emancipation, Sanctions and Economic Warfare, US Foreign Policy

by John Pottinger, published on Socialist Action, December 11, 2023 Even before the popular July 26, 2022 coup d’état that removed the US-backed and pro-French government, Niger was the seventh poorest country in the world. With a 37 percent literacy rate, only 20 percent of the population has access to electricity in a country with some of the largest uranium[…]

The Next Aggression that the U.S. is Preparing against Venezuela

July 26, 2023 UNAC Editor International Aid and Debt, Sanctions and Economic Warfare, U.S. Aggression, US Government Action, Venezuela

from Mision Verdad, translated and published on Resumen English, July 21, 2023 This year, the legislative arm in Washington has introduced three bills in the U.S. Congress against Venezuela: the Prohibition of Transactions and Leases with Venezuela’s Illegitimate Authoritarian Regime Act, the Venezuelan Human Rights “AFFECT” Act and the Venezuelan Democracy Act. The bills have a common denominator: to further[…]

Lebanon Under Occupation, Financial Fraud and Sectarian Political Corruption

June 18, 2023 UNAC Editor Colonialism, Economic Collapse, International Aid and Debt, Interview, Lebanon, Paths to Emancipation, Resistance, Sanctions and Economic Warfare

by Steven Sahiounie, published on Mideast Discourse, June 18, 2023 Crown Prince Mohammed bin Salman of Saudi Arabia met with French President Emmanuel Macron in Paris on June 16. One of the items on their agenda was Lebanon, which has close historical and language ties to France. The tiny Mediterranean country has been in financial collapse for several years, and[…]

Escaping Debt Slavery: Ethiopia, Africa, And The IMF

May 29, 2023 UNAC Editor Eritrea, Ethiopia, International Aid and Debt, Sanctions and Economic Warfare

by Ann Garrison and Robert J. Prince, published on Popular Resistance, May 18, 2023 In 1987, at the Organization for African Unity, Thomas Sankara said, “Debt is a cleverly managed reconquest of Africa.” Restructuring associated with WB and IMF loans becomes a millstone around the neck of drowning economies. [jb] The US is holding up Ethiopia’s request for a $2[…]

The U.S role in fomenting violence in Haiti

May 8, 2023 UNAC Editor Abuses of Empire, Austerity, Deportation, Economic Blockade, Gun Violence, Haiti, Identity Politics, International Aid and Debt, Public Health

by G. Dunkel, posted on Workers World, May 5, 2023 María Isabel Salvador, the author of the April 25 report from the United Nations Integrated Office in Haiti (BINUH) to the U.N. Security Council on the current situation in Haiti emphasized “the urgent need for the deployment, authorized by the Security Council, of an international specialized force.” Based on the last[…]

Oxfam Report Highlights Deep Harms of IMF ‘Austerity Drive’ in Poor Nations

April 27, 2023 UNAC Editor Austerity, Economics, Human Rights, International Aid and Debt, Poverty

by Jake Johnson, published on CommonDreams, April 13, 2023 Austerity is the flip side of sanctions. For the global south, economic interactions with western financial institutions are “austerity” vs “sanctions” which amounts to “Damned if you do; Damned if you don’t” The entire western economic structure is geared to extraction, and its prescriptions permeate the global south like poison. [jb][…]

The World Bank and the BRICS Bank Have New Leaders and Different Outlooks

April 9, 2023 UNAC Editor BRICS, Capitalism, Economics, International Aid and Debt, Socialism, Socio-Economic Struggles

by Vijay Prashad, produced by Globetrotter, April 7, 2023 In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World Bank, established in 1944. There will be no other official candidates for this job since—by convention—the U.S. nominee is automatically selected for the[…]

U.S. Shoots Itself in the Foot in Africa

March 9, 2023 UNAC Editor Africa, China, Ethiopia, Global Trade, International Aid and Debt, South Africa, United Nations

by Ann Garrison, published on Black Agenda Report, March 8, 2023 In Africa as in the rest of the world, US machinations undermine its goals and bring other nations together as they seek to protect themselves from a desperate empire. The US can’t seem to understand that the rest of the world, including Africa, doesn’t like to be pushed around. African nations’ refusal[…]

Latin America and Caribbean, Year 2022 in Review – Challenges for a Pink Tide Surging Over a Volatile US Hegemony

January 20, 2023 UNAC Editor Anti-Imperialism, Argentina, Colonialism, coup, Democracy and Consent, International Aid and Debt, Lawfare, Sanctions and Economic Warfare

by Roger D. Harris, published on NicaNotes, January 12, 2023 2023 marks the 200th anniversary of the Monroe Doctrine. This imperial fiat arrogates to the US the unilateral authority to intervene in the affairs of sovereign states in the Western Hemisphere and to exclude any other power from meddling in what is viewed as Washington’s backyard. Two centuries later, the[…]

Haiti and the Debt of Independence

October 23, 2022 UNAC Editor Colonialism, Democracy and Consent, Economic Collapse, Haiti, Imperial greed, Indigenous peoples, International Aid and Debt, Racism

by Yves Engler, published on Countercurrents, September 4, 2022 In the vast history of imperialist exploitation few episodes match the depravity of Haiti’s debt of independence. Military blackmail of a small country by a superpower, prioritizing “property rights” over human rights, racial capitalism, a sellout “light skinned” local bourgeoise and the way our past haunts the present are all part[…]