Economics

‘The Bank is Now Insolvent’

March 15, 2023 UNAC Editor Capitalism, Economic Collapse, Global Economics, Socialism

Workers World Editorial, March 13, 2023 It is often the case that, when the capitalist system is on the verge of a crisis, the period leading up to it is marked by buoyant explosions of optimism. On Oct. 25, 1929, President Herbert Hoover proclaimed that the U.S. economy was “on a sound and prosperous basis.” Four days later the stock[…]

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[…]

After Toxic Train Wreck, Residents Demand Answers

March 4, 2023 UNAC Editor Austerity, Capitalism, Paths to Emancipation, The War at Home, Toxic Chemicals

by Otis Grotwohl, published on Workers World, February 22, 2023 Weeks after the disaster, more terrifying information is coming out about the toxic train derailment Feb. 3 in East Palestine, Ohio. The two-mile-long, 150-car train, owned by Norfolk Southern, weighed 18,000 tons and was carrying hazardous material when it jackknifed as a result of a broken axle. Following the “controlled[…]

UN Official Rejects US Narrative: Sanctions on Syria Do Undermine Earthquake Relief (Video)

March 4, 2023 UNAC Editor Humanitarian Aid, Sanctions and Economic Warfare, Syria, U.S. Aggression

Eugene Puryear and Rania Khalek interview UN Special Rapporteur on Secondary Sanctions, Alena Douhan, February 21, 2023 U.N. Special Rapporteur Alena Douhan discusses the devastating impact of illegal US sanctions on Syria and how they are continuing to block aid in earthquake recovery efforts. Professor Douhan explains how despite the US Treasury issuing a 180-day waiver on certain sanctions imposed[…]

Biden’s War Drive Fuels Resistance

March 2, 2023 UNAC Editor Action!!, Europe, NATO, Sanctions and Economic Warfare, U.S. Aggression

by John Catalinotto, published on Workers World, February 28, 2023 Join us in DC, March 18! In the week of the first anniversary of the U.S./NATO proxy war against Russia in Ukraine, the Biden administration has taken or announced steps to prolong that war and risk its escalation. The corporate media has parroted and amplified every government announcement. And the[…]

East Palestine, Ohio and the Oligarchy

March 1, 2023 UNAC Editor Abuses of Empire, Austerity, Corporatism, Socio-Economic Struggles, Toxic Chemicals, War on the Earth, War on the Poor

by Margaret Kimberley, published on Black Agenda Report, March 1, 2023 A freight train derailment brought environmental catastrophe to a small Ohio town. While the circumstances are somewhat unique, events followed a predictable pattern in a country run by and for the ruling class. The U.S. is an oligarchy. Stating this fact explains events that may seem mysterious if this[…]

Right Wing Media Attack Undermines Alliance for Global Justice Sponsorship for 140 Organizations

February 26, 2023 UNAC Editor Attacks on the Movement, Censorship and Propaganda, Sanctions and Economic Warfare

AFGJ is UNAC’s fiscal sponsor! [jb] This is an emergency! Alliance for Global Justice and our fiscally-sponsored projects are under attack by right-wing media. They’re doing their best to intimidate and silence us in order to neutralize our effectiveness in growing and supporting movements for liberation and justice worldwide. They have convinced the company that handles our credit card donations[…]

Who’s Winning and Losing The Economic War Over Ukraine?

February 23, 2023 UNAC Editor Germany, Militarism, Russia, Sanctions and Economic Warfare, Ukraine

by Medea Benjamin and Nicolas J.S. Davies, February 21, 2023 With the Ukraine war now reaching its one-year mark on February 24, the Russians have not achieved a military victory but neither has the West achieved its goals on the economic front. When Russia invaded Ukraine, the United States and its European allies vowed to impose crippling sanctions that would[…]

How U.S. Sanctions Block Aid to Earthquake Victims in Syria

February 20, 2023 UNAC Editor Humanitarian Aid, Sanctions and Economic Warfare, Syria

by Ted Kelly, published on Workers World, February 15, 2023 The terrible earthquake that hit a wide area of southeastern Türkiye and neighboring Syria has reportedly killed at least 36,000 people as of Feb. 13, with estimates that this total will reach 50,000. This winter the survivors who lost their housing face freezing and wet conditions, without any alternative shelter,[…]

Did the U.S. Blow Up Nord Stream if There is No Media to Report It?

February 16, 2023 UNAC Editor Abuses of Empire, Austerity, Censorship and Propaganda, Global Trade, The War at Home

by Margaret Kimberley, published on Black agenda Report, February 15, 2023 A respected investigative journalist explains how the U.S. sabotaged the Nord Stream pipelines. But corporate media working in service to the state ignore the story and endanger the world. “If a tree falls in the forest and no one is around to hear it, does it make a sound?” The idea[…]