International Monetary Fund (IMF)

Oxfam Report Highlights Deep Harms of IMF ‘Austerity Drive’ in Poor Nations

April 27, 2023 UNAC Editor Austerity, Economics, Human Rights, International Aid and Debt, Poverty

by Jake Johnson, published on CommonDreams, April 13, 2023 Austerity is the flip side of sanctions. For the global south, economic interactions with western financial institutions are “austerity” vs “sanctions” which amounts to “Damned if you do; Damned if you don’t” The entire western economic structure is geared to extraction, and its prescriptions permeate the global south like poison. [jb][…]

US Accuses Russia of Interfering in Foreign Elections

September 25, 2022 UNAC Editor Color Revolutions, Russia, Ukraine, US Foreign Policy, US Hypocrisy

by Ted Snider, published on Antiwar.com, September 19, 2022 An intelligence review commissioned by the Biden administration has concluded that “Russia has secretly funneled at least $300 million to foreign political parties and candidates in more than two dozen countries since 2014 in an attempt to shape political events beyond its borders.” On September 12, the State Department shared the information[…]

The US Response to the World’s Worst Humanitarian Crisis: Seize and Privatize

September 24, 2022 UNAC Editor Afghanistan, Economic Collapse, Economics, Sanctions and Economic Warfare

by Andrés Arauz, published on Counterpunch, September 19, 2022 A deep explanation for the technically inclined of where Afghanistan’s frozen wealth derives from and why they can’t be dismissed as an “asset” of the Taliban government. It also explains how frozen accounts related to unilateral coercive measures on other countries distort their economies. [jb] On August 10, more than 70[…]