U.S. President Donald Trump recently signed a determination that singles out Venezuela for failing to adhere to counternarcotics obligations. The accusation came – perhaps not so coincidentally – on the same day that Venezuela declared it will no longer participate in the U.S.’ petrodollar trade system. In what is set to be a major blow to Read More…
Tag: economic war
Venezuela Just Officially Stopped Accepting Dollars For Oil Payments
Did the doomsday clock on the petrodollar (and implicitly US hegemony) just tick one more minute closer to midnight? Apparently confirming what President Maduro had warned following the recent US sanctions, The Wall Street Journal reports that Venezuela has officially stopped accepting US Dollars as payment for its crude oil exports. As we previously noted, Venezuelan President Nicolas Maduro said Read More…
Attack Venezuela? Trump Can’t Be Serious
There is something unsettling about how President Trump has surrounded himself with generals. From his defense secretary to his national security advisor to his White House chief of staff, Trump looks to senior military officers to fill key positions that have been customarily filled by civilians. He’s surrounded by generals and threatens war at the Read More…
If America Was Trying To Start A World War, This Is How It Would Happen
Last Wednesday, U.S. President Donald Trump signed new sanctions into law against Russia, Iran, and North Korea. The legislation was supported so overwhelmingly in Congress that President Trump’s ability to veto the legislation was rendered completely ineffective. Even anti-interventionist Hawaii Rep. Tulsi Gabbard voted in favor of the bill, once again proving that Republicans and Democrats always find common ground Read More…
What The Media Isn’t Telling You About The Jailing Of Opposition Leaders In Venezuela
Western media have described Leopoldo López, a politician who has a dark history of inciting violent protests, as the “Venezuelan Nelson Mandela.” But they have ignored the facts surrounding his recent arrest, as well as that of fellow opposition leader Antonio Ledezma. CARACAS, Venezuela — Just days after Venezuela’s controversial vote to form a constituent assembly Read More…
US-Led Economic War, Not Socialism, Is Tearing Venezuela Apart
Americans have been trained by decades of Cold War propaganda to look for any confirmation that ‘socialism means poverty.’ But in the case of Venezuela and other states not governed by the free market, this cliché simply doesn’t ring true. WASHINGTON — (MPN) The political and economic crisis facing Venezuela is being endlessly pointed to as Read More…