Economics

US and Qatari Regime Change Deception Produced ‘Caesar’ Sanctions Driving Syria Towards Famine

June 30, 2020 UNAC Editor Legislation, Sanctions and Economic Warfare, Syria

by Max Blumenthal, published on The Grayzone, 6/25/2020 Like the mysterious figure it is named for, the Caesar sanctions bill is the product of an elaborate deception by shadowy US- and Gulf-backed operatives. Instead of protecting Syrian civilians, the unilateral measures are driving them towards hunger and death. The US Department of Treasury’s imposition this June of the so-called Caesar Civilian[…]

How Racism Is an Essential Tool for Maintaining the Capitalist Order

June 30, 2020 UNAC Editor Austerity, Economics, Featured, Racism

by Richard D. Wolff, published on Brave New Europe, June 24, 2020 U.S. capitalism survived because it found a solution to the basic problem of its instability, its business cycles. Since capitalism never could end cyclical downturns and their awful effects, its survival required making those effects somehow socially tolerable. Systemic racism survived in the post-Civil War United States partly[…]

New Alliance Against China: D-10 Countries Threatened By China Unite Against It

June 24, 2020 UNAC Editor China, Economics, Trade Wars

by Vijay Prashad, published on Frontline, June 19, 2020 US Allies Unite Against China’s Growth As Global Economic Power. The Donald Trump administration’s trade war against China, occasioned by anxiety over the latter’s scientific and technological advances, is set to deepen in the context of the COVID-19 pandemic. In late May, Prime Minister Boris Johnson of the United Kingdom floated the idea[…]

COVID-19: A Polygraph for These Times

June 24, 2020 UNAC Editor Anti-Imperialism, Economics

by Pasqualina Curcio, published on Resumen English, June 15, 2020 Like a lie detector, COVID-19 has made obvious at least two phenomena that have been taking place already over the past few years: the decline of the U.S. empire and the failure of capitalism. Since the end of World War II, the U.S. has portrayed itself and sold itself as[…]

Defiance Against US Dollar War and Caesar Act Sanctions

June 20, 2020 UNAC Editor Hybrid Warfare, Lebanon, Middle East Wars, Sanctions and Economic Warfare, Syria

by Hassan Nasrallah, published on Centre for Counter Hegemonic Studies, June 16, 2020 Extract from the translation of a speech on June 16, 2020. He is talking about the effects of the increasing US economic war on Lebanon (and also Syria). This is interesting as it is an international reflection of the struggles of domestic resistance to the US racist[…]

Western Governments Collectively Punishing Syrian Civilians with Criminal Economic Embargoes

June 7, 2020 UNAC Editor Hybrid Warfare, Middle East Wars, Sanctions and Economic Warfare, Syria

By Tom Duggan and Mark Taliano, published on Global Research, June 4, 2020 The Syrian Government is trying to keep medicine at an affordable price for the consumer by limiting the price of medicines, but the pharmaceutical industry inside Syria needs to raise the prices to sustain production. This is due to two main factors: Sanctions and economy. Some factories[…]

COVID-19 and NYC Transit Worker Hell

June 7, 2020 UNAC Editor Austerity, Economics, Healthcare, Public Health

by Marty Goodman, published on Socialist Action, June 4, 2020 “We are not essential. We are sacrificial.” –from a May 5 Op-Ed article in the New York Times by Sujatha Gidla, a NYC train conductor and author. As of June 3, the death toll amongst New York City’s transit workers hit 131. New York City bus driver Danny Cruz, who[…]

The Real Looters Pocketed $11.7 Billion

June 7, 2020 UNAC Editor Austerity, Economics

by Dierdre Griswold, published on Workers World, June 5, 2020 Who are the real looters? They wear elegant business suits, not hoodies or jeans. They dine at fancy restaurants, not hotdog stands. They hang out in boardrooms, not on street corners. They don’t rob banks. They ARE the banks. They are the U.S. financiers who punish the poor by charging[…]

Venezuela Suing Bank of England Before the ICC for Not Returning 31 Tons of Gold Amid Covid-19

June 6, 2020 UNAC Editor Economics, Sanctions and Economic Warfare

by Actualidad RT y Alba Ciudad, published on Orinoco Tribune, May, 2020 The vice president of Venezuela, Delcy Rodríguez, denounced the opposition deputy Juan Guaidó and his alleged attorney, José Ignacio Hernández, for acting in collusion with the Bank of England to prevent 31 tons of gold owned by the Venezuelan State, which are “protected” in said bank, from being[…]

Cuba and its Two Pandemics: the Coronavirus and the Blockade

May 30, 2020 UNAC Editor Cuba, Sanctions and Economic Warfare

By Gustavo Veiga, published on Resumen, May 26, 2020 The government of Donald Trump found an ideal partner in the coronavirus to try to prostrate Cuba by all possible means. From the combo of economic and legal sanctions that the United States has been applying for 60 years, the consequences of the pandemic have been added. Not so much the[…]