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  • Monthly Review Essays
  • US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

    U.S. government bailout of Silicon Valley and banks is $300B gift to rich oligarchs

    Originally published: Geopolitical Economy Report on March 19, 2023 (more by Geopolitical Economy Report)  |

    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.

  • Mexican President President Andrés Manuel López Obrador (AMLO) in a press conference on February 28, 2023

    AMLO says Mexico is more democratic than oligarch-run USA, condemns State Dep’t ‘meddling’ against electoral reform

    Originally published: Geopolitical Economy Report on March 8, 2023 (more by Geopolitical Economy Report)  |

    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”.

  • Meetings of the G7 and NATO (top) and Shanghai Cooperation Organization (bottom)

    West is out of touch with rest of world politically, EU-funded study admits

    Originally published: Geopolitical Economy Report on February 25, 2023 (more by Geopolitical Economy Report)  |

    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”.

  • US Secretary of State Antony Blinken, German Foreign Minister Annalena Baerbock, and Ukrainian Foreign Minister Dmytro Kuleba condemn neutrality at the Munich Security Conference on February 18, 2023

    West tells Global South ‘you can’t be neutral’ in Ukraine war: You are either with us, or against us

    Originally published: Geopolitical Economy Report on February 20, 2023 (more by Geopolitical Economy Report)  |

    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.

  • Chinese balloon that the US military shot down

    U.S. admits weather pushed Chinese balloon off course, U.S. shot down hobbyists’ $12 balloon in $2M missile attack

    Originally published: Geopolitical Economy Report on February 18, 2023 (more by Geopolitical Economy Report)  |

    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.

  • ECONOMY Inside Latin America’s new currency plan, with Ecuador’s presidential candidate Andrés Arauz

    Inside Latin America’s new currency plan, with Ecuador’s presidential candidate Andrés Arauz

    Originally published: Geopolitical Economy Report on February 15, 2023 (more by Geopolitical Economy Report)  |

    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..

  • Thelma Cabrera and Jordán Rodas of Guatemala's Movement for the Liberation of the People (MLP) Party

    Guatemala blocks leftist Indigenous leader from presidential race, in ‘electoral coup’

    Originally published: Geopolitical Economy Report on February 6, 2023 by Jimmy Zúñiga Wallace (more by Geopolitical Economy Report)  |

    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”.

  • Brazil, Argentina, and Colombia

    Latin America refuses to send Ukraine weapons, despite Western pressure

    Originally published: Multipolarista on January 29, 2023 (more by Multipolarista)

    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.

  • Exaggerating China’s military spending

    Exaggerating China’s military spending, St. Louis Fed breaks all statistical rules with misleading graph

    Originally published: Multipolarista on January 23, 2023 (more by Multipolarista)

    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.

  • CIA veteran and US ambassador in Peru, Lisa Kenna, with the country's mining minister, on January 18, 2023

    Peru’s natural resources: CIA-linked U.S. ambassador meets with mining and energy ministers to talk ‘investments’

    Originally published: Multipolarista on January 19, 2023 (more by Multipolarista)

    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.

  • Nicaraguan families enjoy the weekend at the mirador de Catarina in Masaya (Photo by Ben Norton)

    Nicaragua is world’s #1 country where citizens feel at peace, Gallup poll shows

    Originally published: Multipolarista on January 9, 2023 (more by Multipolarista)

    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.

  • Democratically elected President Pedro Castillo

    Latin America rejects coup in Peru, while U.S. supports unelected regime killing protesters

    Originally published: Multipolarista on December 21, 2022 (more by Multipolarista)

    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.

  • Ex CIA agent and US ambassador to Peru, Lisa Kenna, meets with its defense minister two days before a coup against its elected left-wing President Castillo

    Peru coup: CIA agent turned U.S. ambassador met with defense minister day before president overthrown

    Originally published: Multipolarista on December 14, 2022 (more by Multipolarista)

    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.

  • Peru’s democratically elected President Pedro Castillo

    Mexico, Argentina, Bolivia, Colombia back Peru’s President Castillo, condemn ‘anti-democratic harassment’

    Originally published: Multipolarista on December 13, 2022 (more by Multipolarista)

    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.

  • German troops in a NATO military exercise in 2021

    German military preparing for potential war with Russia, leaked internal report reveals

    Originally published: Multipolarista on November 24, 2022 (more by Multipolarista)

    A leaked confidential strategy paper shows Germany is preparing for a potential war with Russia, as it boosts its budget and plans to become the world’s third-biggest military spender.

  • France's Ambassador to the US Gérard Araud with President Barack Obama in the White House in 2016

    French ambassador: U.S. ‘rules-based order’ means Western domination, violating international law

    Originally published: Multipolarista on November 21, 2022 (more by Multipolarista)

    France’s ex U.S. Ambassador Gérard Araud criticized Washington for frequently violating international law and said its so-called “rules-based order” is an unfair “Western order” based on “hegemony.” He condemned the new cold war on China, instead calling for mutual compromises.

  • EURASIA US-Russia proxy war risks nuclear apocalypse, 60 years after Cuban Missile Crisis

    U.S.-Russia proxy war risks nuclear apocalypse, 60 years after Cuban Missile Crisis

    Originally published: Multipolarista on November 16, 2022 (more by Multipolarista)

    On the 60th anniversary of the Cuban Missile Crisis, the world is closer than ever to nuclear apocalypse, with the NATO-Russia proxy war in Ukraine and the US military deploying nukes to Europe and Australia.

  • U.S./NATO exercise

    World at dangerous crossroads, only two paths forward: anti-imperialist socialism or fascist barbarism

    Originally published: Multipolarista on November 10, 2022 (more by Multipolarista)

    The US-led imperialist world system is in deep crisis, so it wages a new cold war to prevent multipolarity, while lurching toward fascism. The left must offer a true alternative path that opposes both the far right and the liberal pro-NATO chauvinists.

  • UN General Assembly vote

    Entire world votes 185 to 2 against blockade of Cuba–U.S. and Israel are rogue states at UN

    Originally published: Multipolarista on October 3, 2022 (more by Multipolarista)

    For the 30th year in a row, almost every country on Earth voted at the United Nations General Assembly to oppose the illegal six-decade US blockade of Cuba. 185 nations voted against just two: the United States and Israel.

  • The October 28, 2022 UN General Assembly vote telling Israel to get rid of its illegal nuclear weapons

    UN votes 152 to 5 telling Israel to get rid of its nuclear weapons

    Originally published: Multipolarista on October 31, 2022 (more by Multipolarista)

    The United Nations General Assembly voted overwhelmingly, 152 to 5, to tell the Israeli apartheid regime to get rid of its nuclear weapons, which are illegal under international law.

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