International Montetary Fund (IMF)

How the US Helped Push Lebanon to The Brink of Collapse

August 26, 2020 UNAC Editor Economic Blockade, Economic Collapse, Lebanon, Sanctions and Economic Warfare

by Ben Norton, published on The Grayzone, August 13, 2020 As the people of Lebanon suffer through one of the worst economic crises in their nation’s conflict-ridden history, the Donald Trump administration is exploiting the disaster to force regime change and weaken Lebanese resistance groups. A massive explosion on August 4 devastated Lebanon’s capital Beirut, killing more than 150 people,[…]

In Light of the Global Pandemic, Focus Attention on the People.

March 28, 2020 UNAC Editor Capitalism, Economic Collapse, Socialism

By International Assembly of the Peoples & Tricontinental: Institute for Social Research, March 21,2020 SARS-CoV-2 or COVID19, now declared a global pandemic by the World Health Organisation, has begun to wreak havoc in large parts of the world, with other parts waiting in anticipation. We are in a real struggle, which needs total mobilisation; a struggle that needs to put[…]

Ecuador: Moreno’s Government Sacrifices The Poor To Satisfy The IMF

October 15, 2019 UNAC Editor Ecuador, Financial Vultures, Indigenous peoples

By Wilma Salgado, Council on Hemispheric Affairs. October 13, 2019 Ecuador’s President Lenin Moreno has been cutting government spending since signing an Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF) in February of this year. This policy has benefited multinational corporations, the banks, and in general, powerful economic groups at the expense of the middle and working classes,[…]

General Strike Rocks Ecuador

October 10, 2019 UNAC Editor Ecuador, Labor Struggles, Latin America

By Michael Otto and Zoila Ramirez posted on Workers World, October 8, 2019 Support for a call for a general strike in Ecuador has grown quickly in the past few days, bringing the country to the brink of a change in government. The latest upsurge in mass struggle began after the unpopular President Lenín Moreno issued a decree on Oct.[…]