The Venezuela government has recently accused the US of financially propping up violent opposition groups in the country: Promoting an “unprecedented and systematic attempt” to intervene in the internal affairs of Venezuela. A statement of the foreign ministry of Venezuela said: “US financing and logistical support for violent groups in Venezuela have facilitated an armed sedition”. The statement added: “The US system of power relies on frequent and repeated statements, unilateral extraterritorial sanctions, economic financing of organizations in Venezuela for terrorist purposes, financial blockade, threats of military intervention […] to mask an open process of intervention marked by a rude meddling and violating international law.”Read More »
The costs to be calculated
The most important part of these intervention-costs lacking in most of these calculations are the cost and price the intervened countries, the societies and the people in these countries had to pay/are paying. In any of the countries going through intervention process, there’s no scope of pursuing productive, democratic, and educational-cultural-intellectual activities in usual, normal way. “Libya War: The Unknown Costs and the Indemnified Interventionists” (Farooque Chowdhury, Countercurrents.org, June 30, 2015) discusses the costs in context of Libya.Read More »
The Dawn, Karachi | June 12, 2017
KARACHI: The Saudi-Qatari spat is getting uglier by the day; one stark manifestation of this emerged last week when, in a joint statement released by Saudi Arabia and its allies Egypt, the UAE and Bahrain, the countries announced they were placing 59 individuals and 12 organisations linked to Qatar on a “terror list”.
Anyone aware of the nature of Gulf Cooperation Council (GCC) politics will vouch for the fact that this move is unprecedented in the over three-decade-old history of the six-nation bloc of Gulf monarchies. While behind-the-scenes sniping and leg-pulling are nothing new, such harsh measures targeted at one of their own reflects major tension between the Arab potentates of the Gulf. The battle lines within the GCC have been drawn: Saudi Arabia, along with the UAE and Bahrain, are intent on isolating Qatar, while Kuwait and Oman, the other members of the GCC, watch uneasily from the margins.Read More »
A key question all Puerto Ricans must ask – should banks like Santander be held accountable for their role in Puerto Rico’s debt crisis? | hedgeclippers.org
WASHINGTON, D.C. — Amid rallies by community members in Puerto Rico and Boston outside Santander banks, the AFL-CIO released a new report detailing how former Santander executive Carlos M. Garcia diverted a $1 billion fund dedicated to essential water and sewer projects into a series of financial transactions that ultimately pushed the Government Development Bank (GDB) into insolvency.
According to the report, while Garcia looted the infrastructure fund to support the issuance of billions in GDB notes and sales tax-backed bonds (known by Spanish acronym COFINA), his former employer, Santander, made millions as an underwriter.Read More »
A Journal of People report
A leading weapons academic has claimed that the Khan Sheikhoun nerve agent attack in Syria was staged, raising questions about who was responsible.
An International Business Times report said:
“Theodore Postol, a professor emeritus at the Massachusetts Institute of Technology (MIT), issued a series of three reports in response to the White House’s finding that Syrian President Bashar Al-Assad perpetrated the attack on 4 April.
“He concluded that the US government’s report does not provide any ‘concrete’ evidence that Assad was responsible, adding it was more likely that the attack was perpetrated by players on the ground.Read More »