Economics

Venezuela Rises From Under U.S. Led Onslaught of Economic Coercive Measures

July 31, 2024 UNAC Editor Resistance, Revolution, Sanctions and Economic Warfare, U.S. Aggression, Venezuela

by Maria Paez Victor, a speech given in a UNAC/Sanctions Kill Webinar July 23, 2024 There are a few things that is necessary to stress about the situation in Venezuela. Because in the presidential elections that are about to take place this Sunday 28th of July, the sanctions are the elephant in the room. For two reasons: because of the[…]

Confrontation of NATO vs. SCO – Two Radically Different Summits

July 31, 2024 UNAC Editor Belt and Road, China, Diplomacy, Economics, NATO, Russia, Ukraine, War and Weapons

by Sara Flounders, published on Workers World, July 27, 2024 Two major security alliances held summits in July. Each summit consisted of a bloc of major powers and nearby countries. Both alliances hold military exercises. Each summit meeting included guest and observer countries. The two summits could not have been more different in tone and in purpose. The Shanghai Cooperation[…]

Venezuelans Re-Elect President Maduro Despite U.S. Organized Coup Attempt

July 30, 2024 UNAC Editor coup, Democracy and Consent, Food Sovereignty, Hybrid Warfare, Neocolonial Economic Dominance, petroleum, Sanctions and Economic Warfare

by Gloria Guillo, published on CovertAction Magazine, July 30, 2024 Sanctions are a misnomer when it comes to Venezuela. Here, the U.S. isn’t “just” illegally punishing a nation-state to effect regime change by withholding necessary resources and key inputs that cause food shortages, grave illness, death and economic instability. In Venezuela, the United States is also committing racketeer-level crimes against[…]

How Venezuela Is Overcoming the US Blockade

July 29, 2024 UNAC Editor Food Sovereignty, Sanctions and Economic Warfare

by Roger Harris, published on Counterpunch, June 28, 2024 The future of Venezuela’s Bolivarian Revolution, a target of US imperial power since its inception in 1998, may be decided on July 28, the date of their presidential election. Incumbent President Nicolás Maduro and seven other presidential candidates pledged to abide by the choice of the electorate. Edmundo González, promoted by[…]

45 Years After Its Revolution, Nicaragua Offers the World a Better Way Forward

July 25, 2024 UNAC Editor Global Alliances, Monroe Doctrine, Neocolonialism, Nicaragua, Revolution, Sanctions and Economic Warfare

by Gloria Guillo, published on CovertAction Magazine, July 23, 2024 Despite Continued U.S. Destabilization Efforts, Egalitarian and Just Principles Flourish On July 19th, the people of Nicaragua and more than 700 international guests and official delegations from nations around the world celebrated the 45th anniversary of its revolution against the United States-installed puppet dictator, Anastasio Somoza, and the re-assertion of[…]

US Government Exploits Animosity Towards Migrants to Demonize Socialist Countries

July 17, 2024 UNAC Editor Cuba, Global South, Imperialism, Monroe Doctrine, Nicaragua, Peoples' Movements, Sanctions and Economic Warfare, Socio-Economic Struggles, US Hypocrisy

by Jill Clark Gollub, published on the Orinoco Tribune, July 9, 2024 The Republican party has been waging a blatantly racist campaign to criminalize migrants. Instead of pushing back on that narrative, the party that purports to be for Diversity, Equity, and Inclusion (Democrats) is exploiting this racist anger to discredit a country it has targeted for regime change—Nicaragua—apparently for[…]

Venezuela Rejects the Dispossession of CITGO by the US

July 10, 2024 UNAC Editor Sanctions and Economic Warfare, U.S. Aggression, Venezuela

News from TeleSUR, June 17, 2024 The United States is still in the process of plundering Venezuela’s oil industry. CITGO, Venezuela’s oil refinery and merchandising business, was confiscated by the U.S. and given to fake president Juan Guaido. [jb] ‘The people will apply implacable justice to those who plotted this plunder against the Republic,’ VP Rodriguez said. On Monday, Venezuela[…]

Is the Reign of the Dollar Coming to an End?

June 24, 2024 UNAC Editor BRICS, Global South, Global Trade, US Foreign Policy

by Vijay Prashad, printed in TriContinental Institute Newsletter, June 20, 2024 Though the Dollar-Wall Street regime remains significantly powerful, de-dollarisation and possibilities of a shifting global order are being driven by US economic weakness, the aggressive use of illegal sanctions by the US and its Global North allies, and the growing political and economic strength of the Global South through[…]

NATO Polices the World for Imperialism: A Look at its Roots

June 18, 2024 UNAC Editor Anti-Imperialism, Capitalism, NATO, Neocolonial Economic Dominance

by John Catalinotto, published on International Action Center, June 5, 2024 According to the self-serving description on the North Atlantic Treaty Organization’s website, the military alliance “strives to secure a lasting peace in Europe and North America, based on its member countries’ common values of individual liberty, democracy, human rights and the rule of law.” Reading that statement provides an[…]

From Bad to Worse: Tariffs on Chinese Green Tech Cause Massive Treasuries Dump

June 4, 2024 UNAC Editor China, Economic Blockade, Economics, US Government Action

by Eve Ottenberg, published on Counterpunch, May 21, 2024 So, after egregious theft of foreign reserves and promiscuous abuse of sanctions, Joe “Not the Climate President” Biden slapped huge tariffs on Chinese green tech and guess what? Beijing turned around May 18 and dumped $53 billion-worth of U.S. Treasuries for gold. Are alarm bells going off in federal financial centers[…]