Economics

Texas and Syria Suffer Freezing Temperatures and Electricity Outages

February 28, 2021 UNAC Editor Connecting the Dots, Sanctions and Economic Warfare, Syria

by Steven Sahiounie, published on Syria Solidarity Movement, February 26, 2021 Yes, one more on Syria, a look at the Texas/Damascus freeze from the other side. Indeed, Sanctions Kill. [jb] Americans in Texas and several other states have been badly hit by a severe snowstorm and accompanying electricity outages, with water shortages due to frozen and burst water pipes. As the global[…]

US sanctions on Venezuela

February 21, 2021 UNAC Editor Sanctions and Economic Warfare, United Nations, Venezuela

by Daniel Kovalik, published on RT, February 17, 2020 You can read the full preliminary report on Venezuelanalysis. [jb] In its regime-change effort in Venezuela, the US has imposed devastating sanctions that have caused tens of thousands of deaths among the most vulnerable – without ever coming close to toppling the president. Alena Douhan, the UN Special Rapporteur on unilateral[…]

Western Aid: Myth and Reality

February 18, 2021 UNAC Editor Capitalism, International Aid and Debt

by Syed Ehtisham, published on Countercurrents, February 13, 2021 The West seeks to preserve present relations, which enable it to make immense profits by exploiting natural and manpower resources of the whole world. It also molds socioeconomic development of neo-colonial states to the purpose, by adopting development models, which will be based on foreign capital for finance, technology and know-how.[…]

The Empire Fights Back: Gamestop Gamble Co-opted by Oligarchs of Wall Street

February 6, 2021 UNAC Editor Economics, Wall Street

by Ben Carroll, published on Workers World, February 6, 2021 Over the last two weeks, blaring headlines and memes alike have proclaimed the opening of a new front expressing mass outrage at Wall Street — and in the most unlikely place: the stock market. “The war on Wall Street: GameStop sparks revolution with retail investors” announced Forbes magazine. “GameStop’s Reddit[…]

The Negative Repercussions of “Sanctions”

February 4, 2021 UNAC Editor Hybrid Warfare, Sanctions and Economic Warfare, Venezuela

by Pasqualina Curcio published on Resumen English, on February 1, 2021, from Caracas At the invitation of President Nicolás Maduro, Dr. Alena Douhan will visit our nation. Dr. Douhan is the Special Rapporteur of the UN Human Rights Commission covering the negative impact that unilateral coercive measures has on the enjoyment of human rights. She is coming to gather information[…]

Patching up Capitalism During COVID

February 4, 2021 UNAC Editor Austerity, Healthcare, War on the Poor

Editorial published on Workers World, January 18, 2021 On Jan. 21, 2020, the Centers for Disease Control and Prevention confirmed the first recognized case of COVID-19 in the U.S. One year later, over 400,000 people in the country are dead from the virus — the equivalent of wiping out the entire population of Cleveland, Ohio, or Tampa, Fla. Out of[…]

GameStop, Reddit, and What We Should All Know About the Stock Market

February 1, 2021 UNAC Editor Economics

by Erica Kadel, published on FightBack News, January 29, 2021 Chicago, IL – The past few days have seen GameStop and Reddit become the meme-of-the-week and take significant headlines. Some media outlets are saying the recent turn of events “isn’t funny; it’s stupid” while celebrity billionaires like Elon Musk crack jokes on Twitter. Redditors are claiming that they are crashing[…]

Three-Card Monte, Wall Street-Style

February 1, 2021 UNAC Editor Economics, Resistance

by Michael Brenner, published on Consortium News, January 30, 2021 Background: This is not only an entertaining story but instructive. Not too long ago, an enterprising young man bought stock in GameStop, a failing company that has (at least) sentimental value to other young people, and then drove the price up by bringing in other investors through intensive promotion on[…]

UN Expert: Crippling US Sanctions on Syria

January 16, 2021 UNAC Editor Interview, Poverty and Sanctions, Rights of Opressed Peoples, Sanctions and Economic Warfare, Syria

by Aaron Mate, published on Syria Solidarity Movement, January 15, 2021 (originally published on The Grayzone, January 14) Crippling US sanctions imposed under the Caesar Act are decimating war-ravaged Syrian civilians, are illegal, and should be lifted, the UN Special Rapporteur on sanctions says. An independent United Nations expert is calling on the US to lift its crippling sanctions[…]

The Hollow Man

January 10, 2021 UNAC Editor Cuba, Resistance, Sanctions and Economic Warfare

By Rosa Miriam Elizalde on Resumen, December 24, 2020 The most recent episode of Trump vs Cuba is almost funny. After more than 140 sanctions imposed since 2017, accomplishing little more than to snatch stuff from the Cubans without fulfilling his promise to chasten the Communist island, he is saying his farewell to the White House with the ridiculous act[…]