Obamacare was not written for the benefit of the poor and uninsured. It was written for the profits of the insurance companies giving them millions of new customers subsidized by U.S. taxpayers. By Anonymous The…
Tag: U.S.
The second summit of the Community of Latin American and Caribbean States (CELAC) January 28-29 aroused great interest, first and foremost because this organization of Western Hemisphere countries does not include the U.S. or Canada….
Make no mistake about it, Ukraine’s troubles, engineered from outside of the country by the usual troika of the European Union «securocrats» who are beholden to the interests of the United States and NATO, George…
As the media spotlight shines on U.S. negotiators talking with Iranians and Syrians, the Israeli-Palestinian talks have faded into the background. They’re still grinding on, slowly, with several contentious issues unresolved. One of…
For nearly seven months in 2011, NATO planes — particularly from the U.S., France, Britain and Canada — carried out a massive bombing campaign in Libya intended to overthrow the government of Muammar Gaddafi. After…
China Has Good Reason to Help Stabilize Latin American Economies In the last week or so much of the international business press has been focused on the problems of financial stability in developing countries, some of whom have recently become more vulnerable to capital outflows. The main cause is that investors are trying to get the jump on possible moves by the U.S. Federal Reserve to allow U.S. interest rates to rise, which will draw capital from developing countries and cause their borrowing costs to rise. Argentina has gotten some of this attention, as it allowed the peso to fall by 15 percent in one day and increased some access for Argentines to dollars on the official market. Venezuela is not so much affected by these market developments, but is always negatively portrayed in the international media, and more so in the last year since its exchange rate system problems have caused its inflation to rise to an annual rate of 56 percent over the past year.
China has stated its goals quite unambiguously. “A moderately prosperous society by 2020” is the first goal and “a strong socialist nation by 2049” as the second. But this may be simplified: China’s leadership wants its people to have a standard of living equal to that of the developed nations of the West. And that, along with restoring and preserving sovereignty, has been the main part of the Chinese program since 1949 – at least. China’s great historical achievement is to lift hundreds of millions out of poverty, accounting for most of the eradication of poverty in the recent past. This achievement is rarely mentioned in the West. Consider the simple consequences of that fact. China has a population of 1.36 billion and the United States has a population of 320 million. So if China is to have a per capita GDP equal to that of the United States, its total GDP must be more than four times the size of the US economy. Four times.
To clear away the myths that have grown up over the past 13 years about what is possible in terms of dealing with the North [Interview] US expert questions ‘provocation-negotiation-reward’ cycle of N. Korea Robert…
All the wars and attacks, which were started by the U. S. and its so-called allies in the wake of 9/11, have wreaked havoc. You name it, you got it: Afghanistan, Iraq, Libya,…
The fact that the United States has been long treating other nations in a derogatory and irresponsible manner and allows itself to intervene in the internal affairs of other countries is a source of frustration…