economic sanctions

The sanctions against Russia are causing inflation and dislocation almost everywhere in the world … except Russia.

The Ruble is Now Officially the Strongest Currency in The World By the end of May the Russian ruble was officially declared the strongest currency in the world. (1) In the first two weeks of June its value continued to…

Effects of US veto on Venezuela’s participation in the Summit of the Americas

A wave of rejection has been generated by the decision of the United States to veto the participation in the Summit of the Americas of Cuba, Nicaragua and Venezuela, strengthening even more in the latter country the repudiation against Washington,…

Illegally Imprisoned Venezuelan Diplomat Faces US Court Amid a Shifting Global Context

Alex Saab’s April 6 hearing takes place in the setting of a mercurial world situation, where events in Ukraine may have indirect bearing on his case and on the larger US economic war against Venezuela. By Roger D. Harris In…

Iran’s Shift to the East

With oil purchases and agreements of cooperation, China ensures long-term influence in Iran. Berlin and Brussels lose out due to US sanctions. Berlin and the EU could permanently lose out on political influence and substantial business deals in Iran, due…

European and Western Sanctions Push Russia to Africa

By Kester Kenn Klomegah On November 23, Russian Senators, Academicians, Researchers and Experts gathered to discuss the export of non-commodities to Africa at the interactive webinar, organized by Federation Council of Russia, Chamber of Commerce and Industry of Russia, and…

IPB Statement of Congratulations to the World Food Programme

IPB Statement of Congratulations to the World Food Programme (WFP), Winner of the 2020 Nobel Peace Prize The International Peace Bureau, 1910 Nobel Peace Laureate, welcomes the Nobel Committee’s decision to award the World Food Programme the 2020 prize. The…

Five Years After Obama’s Cuba Opening, Cubans Are Reeling From The “Trump Effect”

By Medea Benjamin Gloria Minor had been preparing her AirBnB in Havana for years, investing every penny her sister sent her from Miami in repairing and refurbishing her apartment. With President Obama and Cuban President Raul Castro re-establishing relations five years…

Royal Marines seize Iranian tanker under orders from US

By Chris Marsden Britain’s seizure of an Iranian supertanker carrying 2 million barrels of oil is an act of piracy and a major escalation in tensions that threaten to spiral out of control. It was carried out at the behest…

Economist Jeffrey Sachs: U.S. Sanctions Have Devastated Venezuela & Killed Over 40,000 Since 2017

More than 40,000 people have died in Venezuela since 2017 as a result of U.S. sanctions, according to a new report by the Center for Economic and Policy Research co-authored by economists Jeffrey Sachs and Mark Weisbrot. The report examines…

The Venezuela Myth Keeping Us from Transforming Our Economy

Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT,…

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