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Petrodollar

PDF of January 30 issue

PDF of January 30 issue – Workers World Copyright © 2024 Workers.org

Trump’s Gaza ethnic cleansing: We say no!

Home » Editorials » Trump’s Gaza ethnic cleansing: We say no! Tens of thousands of Palestinians take the long walk home back to northern Gaza, Jan. 27, 2025. The late U.S. National Security Adviser Zbigniew Brzezinski saw the world in the framework of a chessboard and looked for strategies that would keep Washington and Wall…
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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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PDF of January 30 issue

PDF of January 30 issue – Workers World Copyright © 2024 Workers.org

Trump’s Gaza ethnic cleansing: We say no!

Home » Editorials » Trump’s Gaza ethnic cleansing: We say no! Tens of thousands of Palestinians take the long walk home back to northern Gaza, Jan. 27, 2025. The late U.S. National Security Adviser Zbigniew Brzezinski saw the world in the framework of a chessboard and looked for strategies that would keep Washington and Wall…

Trump’s government: for and by the billionaires

From left: Mark Zuckerberg, Lauren Sanchez and future spouse Jeff Bezos, Sundar Pichai and Elon Musk at Trump’s inauguration, Washington, D.C., Jan. 20, 2025. Entering his second term, President Donald Trump ripped the curtain off the myth of U.S. democracy being “of, by and for the people.” So far, at least 14 billionaires, including Trump,…

Jerusalem Post Targets MintPress After Exposé on Israeli Spies in US Media

In December, The Jerusalem Post published an investigation from Nicholas Potter, a “counter-extremism expert,” who falsely accused MintPress News of being part of a network of far-left, foreign government-funded outlets that push conspiracy theories and anti-Semitic extremism. The claims are untrue and are particularly ironic, considering the calls for the extermination and expulsion of Palestinians…