Ukraine Crisis: News/Updates drowned by the cacophony of Mainstream Media

As the crisis in Ukraine unfolds, highly significant developments are taking place in Europe and in other geopolitical stages across the world. For any conscious reader/learner, studying these developments are crucial. The cacophony in the mainstream media drowns out these events and present a very biased, partial scenario of the current situation. However, this has always been the nature of the mainstream media — to serve as mouthpieces of the imperialist establishments. As a blog inclined to serve the masses, JoP feels that it is its duty to bring analyses and updates of those aspects/developments to the attention of our readership. In that spirit, we publish four posts from the Countercurrents which may help our readers understand the ongoing situation in Ukraine. However, we would like to clarify that the articles posted here are for non-profit, non-commercial, educational purposes. The views expressed in this article(s) are those of its author(s) and do not necessarily reflect the view of the JoP.

Nevertheless, if you do find JoP’s posts to be informative and therefore necessary in the face of the mainstream narrative, we would like to request you to share our posts with your friends, family or anyone you feel like sharing with. Happy Reading!

Ukraine Update: Zelenskyy’s Representative Blames U.S. And Budapest Memorandum Signatories For War

Countercurrents Collective | March 28, 2022

A representative of Ukraine’s President Volodymyr Zelenskyy described signatories to the Budapest Memorandum as a reason Ukraine is at war, citing their failure to hold up their end of the agreement.

“They signed their obligation to protect Ukraine, to provide the security and safety,” Fedir Venislavsky, President Zelenskyy’s representative to Ukraine’s Constitutional Court, told Fox News.

“Which means when Ukraine gave up its nuclear potential … Ukraine was confident the other countries who have signed all of those agreements were going to guarantee its territorial integrity, it is independence and it is sovereignty.”

“Unfortunately, we are deeply sorry” the signatories of the Budapest Memorandum and the Charter “did not perform” and “provide the security of Ukraine” and “there is a war because of that going on in our territory,” Venislavsky explained.

The Budapest Memorandum “says that whatever countries would sign that, they would guarantee the safety and security of Ukraine. And there is the charter about the special partnership between NATO and Ukraine and all the signatories,” Venislavsky added.

“Innocent people are dying every day simply because we believed that those countries were going to provide what they obliged for.”

Venislavsky said the failure to protect Ukraine will have lasting consequences.

“After the Ukrainian case, I think there are going to be a lot of doubts in the world regarding international obligations that are given in exchange for whatever concessions,” Venislavsky said.

Zelensky Steps Up Criticism Of West

A Washington post report (Zelensky steps up criticism of West, demanding weapons and sanctions) report said:

Zelensky is demanding that the United States and its allies send more weapons and ratchet up sanctions, portraying some leaders as timid in the face of Russian aggression. His escalation of criticism comes one day after President Biden extemporaneously declared that Russian President Vladimir Putin “cannot remain in power.”

Zelensky said in a video address on Sunday, praising the southern port city that has come under horrendous bombardment by Russian forces. “Their determination, heroism and firmness are astonishing,” he said. “If only those who have been thinking for 31 days on how to hand over dozens of jets and tanks had one percent of their courage.”

Read Full Article: https://countercurrents.org/2022/03/ukraine-update-zelenskyys-representative-blames-u-s-and-budapest-memorandum-signatories-for-war/

Ukraine Update: U.S. Sets Red Line For China

Countercurrents Collective | March 25, 2022

A Reuters report said:

The Biden administration, seeking to deter China from aiding sanctions-hit Russia, on Wednesday warned Beijing not to take advantage of business opportunities created by sanctions, help Moscow evade export controls or process its banned financial transactions.

White House national security adviser Jake Sullivan told reporters that G7 countries would soon announce a unified response to make sure Russia cannot evade Western sanctions imposed over its invasion of Ukraine with the help of China or any other country.

Read Full Article: https://countercurrents.org/2022/03/ukraine-update-u-s-sets-red-line-for-china/

Ukraine Update: NATO Faces Splits On Russia Question

Countercurrents Collective | March 24, 2022

A Washington Post report (As allies meet, splits emerge in NATO about how to deter Russia) said:

As President Biden landed in Brussels on Wednesday splits were emerging within NATO and in Washington about how to deter the Kremlin from further escalation. Allied leaders are discussing whether it is best to keep Russia guessing about what will trigger a bigger military response or to outline precisely what would draw NATO into a conflict.

It said:

‘Some NATO policymakers in Europe worry that there has been too much public messaging about what the alliance won’t do — send its troops into Ukraine, nor, for the moment, send fighter jets for which Kyiv has been campaigning. With the threat of Russian nuclear and chemical weapons looming over the battlefields of Ukraine, a better approach, they say, would be not to rule out anything publicly.

Read Full Article: https://countercurrents.org/2022/03/ukraine-update-nato-faces-splits-on-russia-question/

Ukraine Update: Vietnam And Malaysia Oppose Anti-Russian Sanctions

Countercurrents Collective | March 23, 2022

Vietnam and Malaysia did not support the anti-Russian sanctions and agreed to remain neutral towards the Ukraine crisis, Malaysian Prime Minister Ismail Sabri Yaakob told reporters Tuesday after his visit to Hanoi.

“We discussed the Russian-Ukrainian conflict and agreed that Malaysia and Vietnam will remain neutral on this issue,” he said according to the Bernama news agency. “As for sanctions against Russia, we do not support them.”

“The sides do not support unilateral sanctions; we recognize restrictions that could be imposed only by the UN Security Council,” the Prime Minister underscored.

He noted that the two countries “do not support such aggression against a sovereign state,” underscoring that their “position is non-interference.”

“We expect a diplomatic resolution of the crisis in Ukraine,” the Prime Minister added.

Read Full Article: https://countercurrents.org/2022/03/ukraine-update-vietnam-and-malaysia-oppose-anti-russian-sanctions/

[THIS ARTICLE IS POSTED HERE FOR NON-PROFIT, NON-COMMERCIAL, EDUCATIONAL PURPOSE. THE VIEWS EXPRESSED IN THIS ARTICLE ARE THAT OF ITS AUTHOR(S) AND DO NOT NECESSARILY REFLECT THE VIEW OF THE JOP]

Ukraine-Russia: like an earthquake

Michael Roberts Blog | March 20, 2022

“The war in Ukraine is like a powerful earthquake that will have ripple effects throughout the global economy, especially in poor countries”.  That’s how IMF chief Kristalina Georgieva described the impact of the war on the world economy.  Nobody can be sure of the magnitude of this quake but even on the most optimistic view, it is going to damage significantly the economies and livelihoods of not just the people of Ukraine and Russia, but also the rest of the 7bn people globally.  And it is happening just as the world economy was supposedly recovering from the plunge in output, incomes and living standards suffered from the COVID pandemic slump in 2020 – which was the widest and deepest global contraction (if relatively short) in over 100 years.

Read More »

Ukraine Update: Global Wheat Supply May Be Disrupted

Countercurrents | March 08, 2022

Grain prices were rising before the Ukraine conflict. But recent days have seen unprecedented further gains as two of the world’s biggest producers, Russia and Ukraine, are at war.

Wheat closed in Chicago at the highest price ever on Monday. Benchmark corn and soybean futures have each surged by 26% this year. Those kinds of increases in food-staple commodities have been associated with social unrest throughout history.

“Remember, bread riots are what started the Arab Spring, bread riots are what started the French Revolution,” said Sal Gilbertie, CEO of Teucrium, the largest U.S. exchange-traded fund issuer focused solely on agriculture funds. “It is a biblical event when you run low on wheat stocks. You would not see a global food shortage. Unfortunately, what you are going to see globally is that billions of people might not be able to afford to buy the food.”

Read More »

Consequences on Ditching Russian Oil – Moscow

teleSUR | March 07, 2022

Consequences of removing Russia from the oil market in Europe. Mar. 7, 2022. | Photo: Twitter/@Tr_Ekinimi

On Monday, the Russian Deputy Prime Minister highlighted the consequences of removing Russian oil from the market.

Aleksandr Novak, Russia’s deputy prime minister, noted the consequence that the removal of Russian oil from the market will bring, starting for the rise in energy prices, with a foreseen of over $300 per barrel of oil.

Read More »

Ukraine Update: U.S. Oil Prices Briefly Soared Above $130 Amid Concerns Of Chaos In Commodity Flows

Countercurrents | Marhc 07, 2022

Values for U.S. oil soared Sunday evening, driving prices above $125 a barrel in electronic trade as discussions about a ban on Russian oil heated up following the Ukraine crisis.

Oil prices have soared to the highest level since 2008 after the U.S. said it was discussing a potential embargo on Russian supplies with its allies.

Brent crude – the global oil benchmark – spiked to above $139 a barrel, before easing back to below $130.

Read More »

The Road Will Be Long And Bumpy: WEF On Post-pandemic Recovery

Countercurrents | January 12, 2022

The World Economic Forum (WEF) warns: The effects of the Covid-19 pandemic may take years to reign in. The WEF has also sheds light on major concerns regarding the future from the globe’s economic elite.

“Covid-19 and its economic and societal consequences continue to pose a critical threat to the world. Vaccine inequality and a resultant uneven economic recovery risk compounding social fractures and geopolitical tensions,” said the new Global Risks Report released by the WEF on Tuesday states.

The report is based on opinions of nearly 1,000 global risk experts and leaders from business, civil services, government, academic, and other spheres.

Read More »

Yet Another Contradiction of Capitalism

Prabhat Patnaik

IN the United States there are still four million persons who remain unemployed compared to before the pandemic; and yet the Biden administration’s attempt to stimulate the economy has already run into a crisis with the re-emergence of inflation not just in that country but elsewhere in the capitalist world as well. The Federal Reserve Board (the equivalent of the US central bank) is planning soon to raise interest rates (that are currently close to zero), and even the fiscal expansion will be difficult to sustain in the face of inflation. All this will truncate the recovery that has been taking place. In other words, the ability of the State even in the leading capitalist country of the world, whose currency is “as good as gold” and which should therefore have no fears of any debilitating capital flight, to stimulate activity within its own borders, has become seriously constrained.

This is a new basic contradiction that has emerged in world capitalism and deserves serious attention. The prognostication of John Maynard Keynes, the most important bourgeois economist of the twentieth century, that even though capitalism in its spontaneity was a flawed system that kept large masses of workers unemployed, State intervention could fix this flaw, had already been negated by the globalisation of finance. Facing a nation-State, globalised finance had enfeebled that State sufficiently to prevent its intervention for overcoming the deficiency of aggregate demand. But the one State that still appeared to have the capacity to intervene was the US State because its currency was considered even by globalised finance to be “as good as gold” and hence intervention by it would not trigger any serious exodus of finance. But now, it seems, even that prospect has vanished. Let us see why.

Read More »

From Feudalism to Capitalism

Social and Political Change in Castile and Western Europe, 1250–1520

Series: Historical Materialism Book Series, Volume: 252

Author: Carlos Astarita Translator: David Broder

BRILL

Cover From Feudalism to Capitalism

Carlos Astarita’s From Feudalism to Capitalism: Social and Political Change in Castile and Western Europe, 1250–1520 presents for an English-speaking readership a major intervention in a number of debates in Marxist historiography. The work has four thematic nuclei: the socio-political evolution that led to the feudal state, the genesis of capitalist rural production, the class struggle and the relationship of these factors with the commercial flow between regions. Received interpretations are revaluated through a series of original case studies that greatly enrich our understanding of theoretical terms, and suggest new interpretations of the absolutist state, the temporal validity of the law of value and the origins of capitalism.

This book was originally published in Spanish as Del feudalismo al capitalismo/i> by Publicacions Universitat de València (PUV), 2005, 978-84-370-6206-8.

Read More »

U.S.: When Thousands Are Evicted Each Day in A Land of Fabled Riches

Bharat Dogra

Countercurrents | January 02, 2022

Recently on December 15 Eli Saslow wrote a very important feature in The Washington Post on the daily routine life of an elderly police constable Lennie who has been charged with the responsibility of evicting those families or persons from their homes who have not been able to pay their rent.

Essentially his daily duty during the last two decades has been to go from house to house, based on a list of those households who have lagged behind in rent payment, carrying a gun as well as handcuffs, and evict them. Astonishingly, this single police constable has evicted 20,000 Arizonans from their homes over a period of 2 decades, or 1000 per year, or about 3 per day.

Read More »

India: Privatisation and the Constitution

Prabhat Patnaik

IN a recent report the People’s Commission on the Public Sector and Public Services has rightly drawn attention to the sheer un-constitutionality of the Modi government’s plan to privatise en masse the assets of the public sector. The constitution of the country is not just a set of procedures and rules for the governance of the polity. It expresses above all a certain social philosophy which is supposed to inform the behaviour of the various organs of the State and which constitutes the foundational beliefs around which the nation has come into being. This is particularly true of ex-colonial countries where the formation of the nation has been the outcome of an anti-colonial struggle that brought people together in an historically unprecedented show of unity; the social philosophy underlying the constitution of the newly formed nation-State provides the conceptual basis for this coming together.

Read More »