New US Sanctions are Designed to Hit Nicaragua’s Poorest Citizens

John Perry The Biden administration has announced new sanctions which are intended to hit the poorest Nicaraguans – both in their pockets and in the public services on which they depend. This latest attack on a small Central American country is, as usual, dressed up as promoting democracy: the sanctions will “deny the Ortega-Murillo regime the…

There Will Be an Economic Crash, & it Will Break the U.S. Working Class

Rainer Shea From the perspective of a proletarian in today’s America, who’s having their livelihood disrupted by inflation on top of half a century of neoliberal attacks against the working class, a depression is already happening. What happens next will only multiply the existing damage. The president is saying that he doesn’t expect for there to be…

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

Andrés Arauz On August 10, more than 70 economists, including Nobel laureate Joseph Stiglitz, former economy minister for Argentina Martín Guzmán, and myself, sent a letter to President Biden with a simple ask: return Afghanistan’s central bank assets, deposited at the Federal Reserve Bank of New York, to Afghanistan’s central bank, Da Afghanistan Bank (DAB). In the…

Russia and Europe: War of Sanctions and Energy Resources

Yoselina Guevara L. According to press agencies, Russia will not fully resume its gas supplies to Europe until the West lifts sanctions against Moscow, Kremlin spokesman Dmitry Peskov has stated. He also referred to the specific case of maintenance work on the Nord Stream 1 gas pipeline noting “we cannot say whether repair work will…

US Dependence on Russian Uranium and Sanctions Policies

Vladimir Danilov The energy crisis, exacerbated in recent months by Washington’s anti-Russian sanctions policy, is perhaps the worst such crisis since 1973, when Arab countries imposed an oil embargo to protest Western support for Israel in the Yom Kippur War. It has affected all Western states by now. While the search for new energy sources…

An Engineered Food and Poverty Crisis to Secure Continued US Dominance

Colin Todhunter In March 2022, UN Secretary-General Antonio Guterres warned of a “hurricane of hunger and a meltdown of the global food system” in the wake of the crisis in Ukraine. Guterres said food, fuel and fertiliser prices were skyrocketing with supply chains being disrupted and added this is hitting the poorest the hardest and planting the seeds for…

The US Blockade Against Cuba is an Act of War

HELEN YAFFE Cubans drive past the US embassy during a rally calling for the end of the US blockade. (YAMIL LAGE/AFP via Getty Images) For sixty years, the United States’ blockade against Cuba has worked to hinder the island’s development and prevent it from trading even with third countries. It’s time Washington stopped its cruel…

How China is Countering US Sanctions

Petr KonovalovFor many years there has been a rivalry between two world superpowers, namely, the United States and China. In recent years, it has developed into an outright struggle, during which the parties use various political and economic instruments against each other. Usually, the sanctions imposed by Washington against its rivals attract the most attention…

Cuba, Haiti, Helms-Burton and the Crime of Insubordination

Raúl Antonio Capote It took Haiti 122 years to pay off its debt of independence, a neocolonial strategy that remains in place and leads to chronic underdevelopment. Photo: Juvenal Balán Haiti was the first free nation in Latin America and the Caribbean, the first nation in the modern world emerging from a slave revolt, and…

‘Ukraine Fatigue’ Intensifies as Sanctions Boomerang Ravages Western Economies

Drago Bosnic On February 24, the political West sounded decidedly self-confident as it expected Russia was heading back to the disastrous 1990s, with the country’s social and economic prospects seemingly in tatters. Russian forex reserves were stolen, banks cut off from SWIFT, Western airspace banned, while anything remotely connected to Russia and its magnificent civilizational contributions…

The Sanctioned: How Iran-Russia are Setting New Rules

Pepe Escobar Iran and Russia are taking the lead in establishing alternative financial networks to bypass western sanctions While China, keen to ward off US sanctions as long as possible, is lagging, its RIC partners Iran and Russia are doing the legwork to break the west’s global financial grip. The first Eurasia Economic Forum, held last week…

Russia Rewrites the Art of Hybrid War

Pepe Escobar Hybrid War is being fought predominantly in the economic/financial battleground – and the pain dial for the collective West will only go up. The ironclad fictional “narrative” imposed all across NATOstan is that Ukraine is “winning”. So why would weapons peddler retrofitted as Pentagon head Lloyd “Raytheon” Austin literally beg since late February…

Multi-Domain Operations: The US Wages Constant War and Across All Domains

Brian Berletic The United States has clearly transitioned militarily several times throughout its history, from the Cold War preparing to fight the Soviet Union using massive maneuver warfare to using the military that existed at the end of the Cold War to decimate the Iraqi army in the 1990’s, to shifting to a “small wars”…

Venezuela Seeks Investigation by International Criminal Court (ICC) as to Whether U.S. Sanctions Constitute Crimes Against Humanity

Ryan Swan Adopted as part of regime-change operation, sanctions have killed at least 40,000 Venezuelans. Economic coercive measures, commonly known as economic sanctions, are a means of coercive pressure through disruption of trade relations and economic isolation. The use of sanctions under international law is governed chiefly by Chapter VII of the United Nations Charter,…

Russia Threatens Its Enemies with a Tsunami of Sanctions

Elijah J. Magnier Gas still continues to flow into Europe through the Yamal-Europe pipeline, Blu stream 1 and 2, Nord-Stream 1 and Turkstream despite the undeclared war between the U.S. and its European allies on Russia in the territories of Ukraine. However, the West has found an adversary that has many cards to play and…