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BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says
The new chief of the BRICS bloc’s New Development Bank, Brazil’s leftist ex-President Dilma Rousseff, revealed they are gradually moving away from the U.S. dollar, promising at least 30% of loans in local currencies of members.
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France’s Macron opposes U.S. cold war on China, wants independent Europe–but is it just rhetoric?
France’s President Emmanuel Macron told Xi Jinping that he opposes the U.S. war drive against China and wants an independent Europe with “strategic autonomy”. But he has made comments like this before, and failed to challenge Washington’s hegemony.
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U.S. bank bailout benefited billionaires, exposing corruption: ‘I understand why Americans are angry’
Before it collapsed and its billionaire depositors were bailed out by the U.S. government, Silicon Valley Bank successfully lobbied Congress to remove regulations on it. A senator admitted, “I understand why Americans are angry, even disgusted”.
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West vs the rest: World opposes sanctions, only U.S. & Europe support them
The UN Human Rights Council voted overwhelmingly to condemn sanctions. The only countries that expressed support for unilateral coercive measures were the U.S., UK, EU member states, Georgia, and Ukraine.
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U.S. invites authoritarian far-right regimes to ‘Summit for Democracy’
The Joe Biden administration invited numerous authoritarian far-right leaders to the U.S. State Department’s so-called “Summit for Democracy”, including Israel’s Benjamin Netanyahu, Poland’s Andrzej Duda, India’s Narendra Modi, Italy’s Giorgia Meloni, and Pakistan’s coup regime.
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U.S. threatened to invade International Criminal Court. Now it loves ICC for targeting Putin
The U.S. government imposed sanctions on the International Criminal Court, threatened to arrest judges, and passed a “Hague Invasion Act”. Previously, the ICC only prosecuted Africans. But now that it wants to arrest Russian President Putin, Washington praises the court (while still refusing to join it).
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U.S. government bailout of Silicon Valley and banks is $300B gift to rich oligarchs
The U.S. Federal Reserve printed $300 billion in a week to save collapsing banks and bail out Silicon Valley oligarchs. 93% of Silicon Valley Bank’s deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB’s loans went to venture capitalist and private equity firms.
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AMLO says Mexico is more democratic than oligarch-run USA, condemns State Dep’t ‘meddling’ against electoral reform
Responding to State Department criticism of Mexico’s popular electoral reform, President AMLO denounced U.S. “meddling”, support for coups, and the Monroe Doctrine. He said, “There is more democracy today in Mexico than in the United States… because here the people govern, and there the oligarchy govern”.
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West is out of touch with rest of world politically, EU-funded study admits
A study by the elite EU-funded European Council on Foreign Relations found the West is out of touch politically with the rest of the world. Most people in China, India, and Türkiye see Russia as an important ally, and they want multipolarity, not continued “American global supremacy”.
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West tells Global South ‘you can’t be neutral’ in Ukraine war: You are either with us, or against us
The foreign ministers of the US, Germany, and Ukraine told the world at the Munich Security Conference, “Neutrality is not an option” in the West’s proxy war against Russia, implicitly criticizing the vast majority of Global South countries, which are independent.
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U.S. admits weather pushed Chinese balloon off course, U.S. shot down hobbyists’ $12 balloon in $2M missile attack
U.S. officials acknowledged the Chinese balloon they shot down on February 4 had likely been blown off course by unexpected weather. The U.S. Air Force later spent $2 million using missiles to blow up what appeared to be a $12 hobbyist balloon.
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Inside Latin America’s new currency plan, with Ecuador’s presidential candidate Andrés Arauz
Ecuadorian economist and former presidential candidate Andrés Arauz explains Latin America’s attempt to create a new currency and regional financial architecture, to challenge the “hegemonic, neo-colonial” U.S. dollar-dominated system..
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Guatemala blocks leftist Indigenous leader from presidential race, in ‘electoral coup’
Guatemala’s notoriously corrupt right-wing government banned Indigenous leader Thelma Cabrera and her leftist Movement for the Liberation of the Peoples (MLP) party from running in the presidential election. International observers warn this is an “electoral coup”.
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Latin America refuses to send Ukraine weapons, despite Western pressure
Brazil, Argentina, and Colombia have refused to send weapons to Ukraine, despite pressure by the U.S. and EU. Latin American left-wing leaders have urged peace with Russia and called for neutrality in the West’s new cold war.
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Exaggerating China’s military spending, St. Louis Fed breaks all statistical rules with misleading graph
The Federal Reserve Bank of St. Louis published a jaw-droppingly misleading graph that portrays China as spending more on its military than the U.S. In reality, the Pentagon’s budget is roughly three times larger.
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Peru’s natural resources: CIA-linked U.S. ambassador meets with mining and energy ministers to talk ‘investments’
Peru has large reserves of copper, gold, zinc, silver, lead, iron, and natural gas. After a coup overthrew left-wing President Pedro Castillo, the US ambassador, CIA veteran Lisa Kenna, met with mining and energy ministers to discuss “investments”. Europe is importing Peruvian LNG to replace Russian energy.
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Nicaragua is world’s #1 country where citizens feel at peace, Gallup poll shows
A poll by mainstream firm Gallup found that Nicaragua is the No. 1 country in the world where citizens feel at peace. Nine of the top 14 countries are in Latin America. But the U.S. constantly attacks the Sandinista government and imposes sanctions on it.
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Latin America rejects coup in Peru, while U.S. supports unelected regime killing protesters
At least 14 countries in Latin America and the Caribbean have condemned the coup in Peru, backing President Pedro Castillo. The unelected regime, which has killed dozens of protesters, has the staunch support of the U.S. and the region’s right wing.
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Peru coup: CIA agent turned U.S. ambassador met with defense minister day before president overthrown
The U.S. ambassador in Peru, Lisa Kenna, worked for the CIA for 9 years, as well as the Pentagon. One day before the coup against elected left-wing President Pedro Castillo, Kenna met with Peru’s defense minister, who then ordered the military to turn against Castillo.
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Mexico, Argentina, Bolivia, Colombia back Peru’s President Castillo, condemn ‘anti-democratic harassment’
Mexico, Argentina, Colombia, and Bolivia released a joint statement supporting Peru’s elected President Pedro Castillo, saying he is the victim of “anti-democratic harassment,” following a U.S.-backed right-wing coup.