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Petrodollar

Yemen: Military operations against the U.S. will continue

Home » Stop imperialist war and occupation » Yemen: Military operations against the U.S. will continue The following statement, from the Yemen Armed Forces, was posted on Resistance News Network on April 1, 2025.  Yemenis protest U.S./Israeli attacks, Sana’a, March 17, 2025. In response to the American aggression against our country, the Naval Forces, Rocket…

Resistance is justified when people are occupied!

Home » Global » Resistance is justified when people are occupied! Sara Flounders delivered the following remarks during the Al Quds Day commemoration in New York City on March 28: Sara Flounders addressing Al Quds Day rally, New York City, March 28, 2025.WW Photo: Brenda Ryan Israel is a terrorist state, a colonial state, an…
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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…

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Yemen: Military operations against the U.S. will continue

Home » Stop imperialist war and occupation » Yemen: Military operations against the U.S. will continue The following statement, from the Yemen Armed Forces, was posted on Resistance News Network on April 1, 2025.  Yemenis protest U.S./Israeli attacks, Sana’a, March 17, 2025. In response to the American aggression against our country, the Naval Forces, Rocket…

Resistance is justified when people are occupied!

Home » Global » Resistance is justified when people are occupied! Sara Flounders delivered the following remarks during the Al Quds Day commemoration in New York City on March 28: Sara Flounders addressing Al Quds Day rally, New York City, March 28, 2025.WW Photo: Brenda Ryan Israel is a terrorist state, a colonial state, an…

Trump’s impossible return to the past

By Atilio Boron The author is an Argentine Marxist analyst who writes often on international questions. Published in Spanish on Cubadebate March 29 and Lahaine.org. Translation: John Catalinotto Faced with impending changes since the beginning of the frustrated “new American century,” there have been calls to exercise naked power without any standards or adherence to…

The Arab-Islamic Committee and the War in Palestine

The Arab-Islamic Ministerial Committee met today, 23rd of March 2025, in Cairo with H.E. Kaja Kallas, the High Representative of the European Union for Foreign Affairs and Security Policy. The Parties discussed recent developments in the Occupied Palestinian Territory, and expressed their grave concern over the breakdown of the ceasefire in Gaza and the large…