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HomeTagsPetrodollar

Petrodollar

Trump’s cabinet picks are cast of vultures

U.S. President-elect Donald Trump wasted no time nominating potential cabinet members and other members of his second administration. Trump’s selections departed from how he chose cabinet members for his 2017-21 presidency. It is clear he and his advisers are specifically choosing hard-right personal “loyalists” and fascist-minded ideologues, while ignoring many GOP functionaries who joined his…

Canadian and U.S. postal workers demand a just contract

Home » Editorials » Canadian and U.S. postal workers demand a just contract Roughly 55,000 Canadian postal workers went on strike on Nov. 15.  The Canada Post Corporation, the country’s main postal operator, has cut off disability benefits to members of the Canadian Union of Postal Workers, and all collective bargaining agreements have been canceled.…
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How The Rich Are Prepping For End Times, And Why

The ultrarich are prepping for doomsday right now. France is on fire. The U.S. ruling elite and the mainstream media they own are avoiding reporting on it. The American rich want to exploit the workers more and more, and facing the wrath of the “common man and woman” is their greatest fear. So they have…

American Exceptionalism Is on the Ropes and the End of the Petrodollar Is Nigh

The pressure on the global economy imposed by the measures to curb the COVID-19 pandemic threatens to erode whatever confidence the world still has in the U.S. dollar as a viable reserve currency. A shortfall in U.S. domestic savings, dropping to 1.4 percent of national income, brought on by the drawn-out shutdowns and structural changes to…

Petrodollar Warfare: The Common Thread Linking Venezuela and Iran

WASHINGTON — Last Wednesday, U.S. Secretary of State Mike Pompeo gave a disturbing interview to Fox Business Network in which he divulged his plans to form a NATO-type alliance against Iran. The U.S. has long accused Iran of supporting terrorism, accusations that have ramped up under the Trump administration. Pompeo said, without a hint of…

Jesus Rodriguez, ex-Cónsul General to US, Discusses Maduro, Petro, Venezuelan Grit

CARACAS, VENEZUELA — With U.S. sanctions suffocating the South American nation of Venezuela, incumbent President, and U.S. target, Nicolas Maduro is preparing for an election in late May that will likely result in his retaining his office. This is unfortunate for Washington, which has thrown its lot in via millions of dollars lavished on an…

Will Petrodollar Give Way to Petroyuan? China Makes First Move this March

BEIJING — Wall Street is bracing for a potential shake-up as China is set to launch its first-ever crude oil futures contract late March at the Shanghai Futures Exchange. The move, which had been laid out in 2012 but faced delays over possible market turbulence, could represent a bold step forward in China’s rise as…

Latest articles

Trump’s cabinet picks are cast of vultures

U.S. President-elect Donald Trump wasted no time nominating potential cabinet members and other members of his second administration. Trump’s selections departed from how he chose cabinet members for his 2017-21 presidency. It is clear he and his advisers are specifically choosing hard-right personal “loyalists” and fascist-minded ideologues, while ignoring many GOP functionaries who joined his…

Canadian and U.S. postal workers demand a just contract

Home » Editorials » Canadian and U.S. postal workers demand a just contract Roughly 55,000 Canadian postal workers went on strike on Nov. 15.  The Canada Post Corporation, the country’s main postal operator, has cut off disability benefits to members of the Canadian Union of Postal Workers, and all collective bargaining agreements have been canceled.…

The heroic armed resistance in Puerto Rico: WW commentary

The only way for a people and a nation to win liberation from white supremacy, American hypernationalism and global capitalism is revolution. This is true for the entire colonized world but especially for the Puerto Rican colony. Logo of the Armed Forces of National Liberation (FALN) I am a Puerto Rican who loves her nation,…

Six Months of Lies and Pressure: How US and Israeli Interference Stalled Netanyahu’s ICC Arrest Warrant

More than six months after the International Criminal Court’s chief prosecutor sought arrest warrants for Israel’s prime minister and defense minister, a ruling was finally issued Thursday. In the interim, both Israel and the United States took unprecedented steps to obstruct the court’s decision-making process. In May, ICC chief prosecutor Karim Khan publicly announced his…