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HomeTagsUS dollar

US dollar

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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For FinTech Magnates: Digital Dollars for the Poor, Exponential Profits for the Rich

In a virtual conference hosted by The New York Times, Treasury Secretary Janet Yellen gave her nod of approval to the idea of “sovereign digital currencies” to solve the riddle of financial inclusion in America. According to recent data, approximately 7.1 million, or 5.4 percent of households, in the United States have no access to…

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…

Russia and India Are Dropping the Dollar in Upcoming Defense Deal

Presently, some $2 billion worth of arms deals are hitting a snag over how settlement is to be made for defence transactions between Russia and India as US sanctions stand in the way. The issue has led to the US Dollar being dropped as a means of payment, with the Ruble and Rupee being considered…

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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…