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Trump is trying to square a globalized world through a national-based American capitalism. It won’t work. Former President Teddy Roosevelt (1901-09) described the essence of US foreign policy as “speaking softly while carrying a big stick”. Under the incumbent president, Donald Trump, it seems to be all about “speaking loudly”. What Trump is carrying in…
Tag "Sanctions"
A friend in Tehran tells me that he marvels at the attitude of the United States ruling establishment towards Iran. ‘Why do they hate us so much’, he asks? It is a fair question. His country, he says, is not perfect, but it is certainly not a threat to the world. The current government –…
Update (11:00 am ET): During their joint press conference, Trump offered effusive praise of Haley, saying she earned the respect of foreign diplomats during her time as UN ambassador. He added that “maybe” she will be coming back at some point, and that she could have “her pick” of jobs in the administration. When her turn…
MOSCOW – On Wednesday, Reuters reported the details of a private and “secret” deal reached between Russia and Saudi Arabia, a deal that was aimed at increasing oil output in order to offset the coming shock to oil prices that will follow U.S. efforts to starve Iran of its oil revenues. Notably, Reuters also noted…
The United Nations’ highest court on Wednesday ordered the Trump administration to ease sanctions on Iran that are impacting humanitarian aid and aviation safety, ruling that U.S. assurances the economic limitations would not endanger both “were not adequate.” “Iran’s strategy of taking the U.S. to the international court has paid off,” responded Trita Parsi, founder and president…
Pays de Gex, France – US President Donald Trump took aim at Venezuela at the United Nations Tuesday, hitting Caracas with a fresh round of sanctions and openly talking about the military overthrow of President Nicolas Maduro. Trump’s speech at the 73rd UN General Assembly (UNGA) dedicated special attention to Venezuela, with the US President…
White House national security adviser John Bolton on Tuesday dismissed an EU plan for a special payments plan to circumvent US sanctions against Iranian oil sales and pressed the SWIFT global payments messaging system to rethink dealing with Tehran, Reuters reports. Speaking at a conference, Bolton also said the United States would be “aggressive and unwavering” in…
The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping US sanctions law punishing Moscow for meddling in the 2016 US election Reuters reports. The US State Department said it would immediately impose sanctions on China’s Equipment Development Department (EDD), the branch…
TEHRAN, IRAN — Despite the Trump administration’s “maximum pressure” campaign targeting the Iranian economy, Iran’s crude oil and oil product revenues jumped a surprising 60 percent from March 21 to July 23. In addition, figures provided by Iran’s Central Bank show that Iran’s revenues from oil sales soared by 84.2 percent over that same period,…
Having warned several weeks ago it would impose sanctions on Russia for its alleged use of the Novichok chemical agent in the UK, on Friday morning the US followed through with the threat when the U.S. released a notice of sanctions, saying they will take effect when published in Federal Register on Aug. 27. The…
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Hi comrades. All hail the scarlet banner. Class politics rules. It's curtains for capitalism. Clydebank,...
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