Economics

US Chip War Hurts Taiwan

December 5, 2022 UNAC Editor China, Economic Blockade, Global Trade, New Cold War, Taiwan, Trade Wars, TradeWars

by Uriel Araujo, published on InfoBRICS, December 5, 2022 Once settled in the US, TSMC will have to pay higher wages and deal with U.S. constraints. It will once and for all lose it’s previous main buyer, Huawei. So yes, Taiwan will lose, but the US may not win. This imperial initiative to control critical resources may well result in[…]

UTIER, Independent Puerto Rican Electrical Trade Union Fighting US Neoliberal Privatization

November 14, 2022 UNAC Editor Austerity, Capitalism, Colonialism, Labor Struggles, Lawfare, Puerto Rico

Statement by Jeanette Graulau, published on Labor Today, November 2022 While some Western countries are planning to re-nationalize their energy industries, the U.S. imposes upon its colony of Puerto Rico a privatization plan to ‘unbundle’ the Puerto Rico Electric Power Authority (PREPA), one of the oldest and fully operational electric power corporations of Latin America. Since 2020, LUMA Energy, a[…]

For African/Black Working Class and Colonized Peoples, Midterm Elections in the U.S. Offer No Relief from War Repression and Capitalist Misery

November 11, 2022 UNAC Editor Austerity, Capitalism, Democracy and Consent, Labor, Racism, War on the Poor, White Supremacy

by Ajamu Baraka, published on Black Agenda Report, November 9, 2022 The 50-year old neo-liberal agenda explains why political choices in this country provide little change that benefits the masses of people. The recent midterm election results will not bring about an improvement in the lives of the Black working class. The agenda was set with the Lewis Powell Memorandum[…]

Scholz’s China Trip Raises Hackles

November 10, 2022 UNAC Editor Austerity, China, Economic Collapse, Germany

by M. K. Bhadrakumar, published on Indian Punchline, November 5, 2022 German diplomacy presented a riveting sight of “counterpoint” with Foreign Minister Annalena Baerbock hosting her G7 partners in Münster on November 3-4 even as Chancellor Olaf Sholz was emplaning from Berlin on a one-day visit to Beijing. The photo-op showed the US Secretary of State Antony Blinken flanking Baerbock[…]

U.S. Hybrid war Against Venezuela Goes to Court: The Case of Venezuelan Diplomat Alex Saab

November 8, 2022 UNAC Editor Lawfare, Sanctions and Economic Warfare, Venezuela

by Roger Harris and John Philpot, published on Pressenza New York, October 3, 2022 As Venezuela’s special envoy and a deputy ambassador to the African Union, Saab has diplomatic immunity from arrest and detention under the 1961 Vienna Convention on Diplomatic Relations. Although a party to the convention, the U.S. has flouted this principle of international law. Judicial overreach on[…]

Why Biden is Unleashing a Full-Scale Chip War Against China

November 4, 2022 UNAC Editor Global Trade, Trade Wars

by Marc Vandepitte and Jan Jonckheere, published on Workers World, November 2, 2022 Technology is the key to the future. It is the basis for military might, on the one hand, and economic productivity and a competitive position in the world market, on the other. Until recently, the U.S. had an unassailable, dominant position on both fronts. The White House[…]

Cuba: USAID Versus the Culture of Internationalism

October 31, 2022 UNAC Editor Cuba, Hybrid Warfare, Resistance, Sanctions and Economic Warfare, U.S. Aggression

By Javier Gómez Sánchez, published on Resumen English, October 27, 2022 The announcement issued last October 18 that the United States Agency for International Development (USAID), after the devastation of Hurricane Ian, will make a donation of humanitarian aid valued at two million dollars to Cuba through the International Red Cross, immediately generated a media hullabaloo and a flurry of[…]

New US Sanctions Are Designed To Hit Nicaragua’s Poorest Citizens

October 31, 2022 UNAC Editor Hybrid Warfare, New Pink Tide, Nicaragua, Sanctions and Economic Warfare, U.S. Aggression, War on the Poor

by John Perry, published on Popular Resistance, October 29, 2022 The Biden administration has announced new sanctions which are intended to hit the poorest Nicaraguans – both in their pockets and in the public services on which they depend. This latest attack on a small Central American country is, as usual, dressed up as promoting democracy: the sanctions will “deny[…]

Ukraine War protestors: “Negotiations Now!”

October 27, 2022 UNAC Editor Action!!, Austerity, Cost of War, NATO, Ukraine

by Reginald Johnson, October 25, 2022 MIDDLETOWN, CT — Peace activists took to the streets here Saturday to protest the war in Ukraine and warn people that the conflict threatens to become a nuclear holocaust. Gathering on the corner of Main and Washington, the demonstrators held signs and passed out fliers which said “Prevent Nuclear War” and “Negotiations Now.” “We’ve[…]

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[…]