Economics

China Breaks the Western Debt Stranglehold on the World

November 7, 2019 UNAC Editor Austerity, China, Sanctions and Economic Warfare

by Peter Koenig, published on Countercurrents, November 3, 2019 The west has colonized, exploited, ravaged and assassinated the people of the Global South for hundreds of years. Up to the mid-20th Century Europe has occupied Africa, and large parts of Asia. In Latin America, though much of the sub-Continent was “freed” from Spain and Portugal in the 19th Century –[…]

Ecuadoran President Retreats, then Arrests Political Leaders

October 16, 2019 UNAC Editor Austerity, Protest, Resistance

By Michael Otto and Zoila Ramirez posted on Workers World, October 15, 2019 Oct. 14 — Eleven days of massive protest, especially by Indigenous communities marching all over Ecuador, forced President Lenín Moreno to repeal his Oct. 1 Decree #883 ending fuel subsidies. Increased fuel costs also mean higher prices for food, public transportation and much more, so this step[…]

Solidarity on Ending Illegal Sanctions on Zimbabwe

October 10, 2019 UNAC Editor Africa, Sanctions and Economic Warfare, Zimbabwe

by Amadi Ajamu posted on Workers World, August 30, 2019 On Aug. 18, the 39th Southern African Development Community Summit of the Heads of State and Government held in Dar Es Salaam, Tanzania, declared Oct. 25, A Day of Solidarity to Lift the Illegal Sanctions Imposed on Zimbabwe. The 16-member states of SADC have resolved to conduct actions in their[…]

Venezuela’s CITGO in Danger as Maduro Seeks Debt Renegotiation

October 8, 2019 UNAC Editor Sanctions and Economic Warfare, Venezuela

From Venezuelanalysis.com, October 2, 2019 Edited and with additional reporting by Lucas Koerner from Philadelphia. Caracas – A US court has ruled that Canadian mining giant Crystallex can move forward in seizing assets from Venezuelan oil subsidiary CITGO. The World Bank’s international arbitration tribunal awarded Crystallex US $1.4 billion in compensation for the 2008 nationalization of Las Cristinas gold mine[…]

Drop the Term “Austerity” – Its the Race to the Bottom

October 8, 2019 UNAC Editor Labor Struggles, Poverty, Sanctions and Economic Warfare

by Glen Ford, published on Black Agenda Report, September 26, 2019 In the corporate-organized Race to the Bottom, withdrawal of health care is a weapon to discipline workers and their families, as is the whole “austerity” regime. “Capital found a solution to falling profits with the promise of super-exploitation of labor in what used to be called the Third World.” Let’s[…]

Haiti: Massive Protests Continue Calling for Presidents Removal

October 2, 2019 UNAC Editor Austerity, Haiti, Protest

Published in TeleSUR English, September 29, 2019 “Jovenel Moise must leave. He is no longer our president. He is unable to provide solutions to our problems,” a protester told EFE agency. Haiti experience Friday one of the most massive protests ever it the country’s recent history as people took to the streets, called by the opposition, in the main cities to demand the immediate resignation of United-States[…]

On the Road to Damascus: International Conference in Syria on Sanctions and Its Blowback

October 2, 2019 UNAC Editor Labor Struggles, Middle East Wars, Sanctions and Economic Warfare, Syria

Syrians say it’s even harder now to make ends meet than it was during the height of their country’s war because of intensified U.S and European sanctions. by Roger D. Harris, Published on MintPress News, September 21, 2019 Welcome to your second country, that was the greeting our Syrian hosts gave us when we arrived for the International Trade Union[…]

Venezuela Oil Production Continues Decline as China Cancels More Shipments

September 26, 2019 UNAC Editor Sanctions and Economic Warfare, Venezuela

Caracas, September 12, 2019 (venezuelanalysis.com) Venezuela’s oil output has continued its downward trend according to figures from the Organization of the Petroleum Exporting Countries (OPEC). The latest report from the oil cartel detailed that, based on secondary sources, the Caribbean nation produced 712,000 barrels per day (bpd) in August, down from 755,000 in July. The numbers reported directly by state[…]

As the War Winds Down, Syria Is in the Early Stages of Recovery

September 20, 2019 UNAC Editor Citizen Diplomacy, Featured, Hybrid Warfare, Sanctions and Economic Warfare, Syria, UNAC on the Road

by Judith Bello, September 20, 2019 I was privileged to attend the Third International Trade Union Forum in Solidarity with Syrian Workers and People To Break the Economic Sanctions and in Rejection of Imperial Interventions and Terrorism in Damascus, Syria last week. The Conference was hosted by the Syrian General Federation of Trade Unions, and I went as a representative[…]

Third International Trade Union Forum:Comments by Ajamu Baraka

September 15, 2019 UNAC Editor Diplomacy, Featured, Sanctions and Economic Warfare, Syria

by Ajamu Baraka, published on Black Agenda Report, September 11, 2019 There can be no workers’ rights without peace and social justice. “War and militarism are class issues.” Black Alliance for Peace national organizer and Black Agenda Report editor Ajamu Baraka delivered the following remarks to the International Trade Union Forum in Solidarity with Workers and People to Break the[…]