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BRICS challenges US dollar, Saudi considers selling oil in other currencies: Financial multipolarity
The BRICS bloc (Brazil, Russia, India, China, South Africa) is “developing a fairer system of monetary exchange” to challenge the “dominance of the dollar”. Saudi Arabia is considering selling oil in other currencies. Economist Zoltan Pozsar says the US “unipolar era” is over.
Sources and more information here: https://geopoliticaleconomy.com/2023/01/21/brics-us-dollar-saudi-oil-currency-multipolar
China ‘counters US dollar hegemony’ with gold reserves, Argentina yuan currency swap deal: https://geopoliticaleconomy.com/2023/01/08/china-dollar-gold-reserves-argentina-yuan
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Peru resource battle: CIA-linked US ambassador talks 'investments' with mining/energy ministers
Peru has large reserves of copper, gold, zinc, silver, lead, iron, and natural gas. After a coup overthrew left-wing President Pedro Castillo, the US ambassador, CIA veteran Lisa Kenna, met with mining and energy ministers to discuss “investments”. Europe is importing Peruvian LNG to replace Russian energy.
Sources and more information here: https://geopoliticaleconomy.com/2023/01/19/peru-resources-mining-gas-investment
Interview with Peruvian activist about the coup: https://geopoliticaleconomy.com/2022/12/10/peru-coup-president-pedro-castillo
CIA agent turned US ambassador met with defense minister day before Peru coup: https://geopoliticaleconomy.com/2022/12/14/coup-us-ambassador-peru-cia
US now world’s top LNG exporter, as Europe boycotts cheaper Russian gas: https://geopoliticaleconomy.com/2023/01/04/us-lng-exporter-europe-russia-gas
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Richest 1% took 2/3rds of global wealth since 2020 - twice as much as 99% of population earned
In 2020 and 2021, the wealthiest 1% of the world's population sucked up nearly two-thirds of all new wealth - six times greater than the wealth made by the poorest 90%. Yet while billionaires get richer, poverty is increasing, Oxfam warns.
Sources and more information here: https://geopoliticaleconomy.com/2023/01/17/rich-global-wealth-inequality-oxfam
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End of Juan Guaidó: US-appointed Venezuelan coup leader ousted by ex allies
The US claimed unelected coup leader Juan Guaidó was "interim president" of Venezuela from January 2019 to December 2022, when his former allies in the right-wing opposition removed him from the position. Washington however still refuses to recognize elected President Nicolás Maduro.
Geopolitical Economy Report editor-in-chief Ben Norton discusses the end of the meme-worthy character with Venezuelan journalist Jesús Rodríguez Espinoza, who runs the independent news website Orinoco Tribune.
Support Orinoco Tribune at https://orinocotribune.com
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'World War 3 has already started' between US and Russia/China, argues French scholar
Prominent French intellectual Emmanuel Todd argues the Ukraine proxy war is the start of WWIII, and is “existential” for both Russia and the US “imperial system”, which has restricted the sovereignty of Europe, making Brussels into Washington's “protectorate”.
Sources and more information here: https://geopoliticaleconomy.com/2023/01/14/world-war-3-us-russia-china-emmanuel-todd
French ambassador: US ‘rules-based order’ means Western domination, violating international law: https://geopoliticaleconomy.com/2022/11/21/gerard-araud-france-us-rules-based-order
CIA and NATO are waging sabotage attacks inside Russia: https://geopoliticaleconomy.com/2022/12/29/cia-nato-sabotage-attacks-russia
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Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony
Introducing Geopolitical Economy Hour: This is the first episode of a show being hosted every two weeks by economists Radhika Desai and Michael Hudson. They present the program and discuss the rise of the multipolar world and decline of US hegemony.
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Analyst suffered 20 years in US prison for helping Cuba, still condemns 'suffocating' blockade
Former DIA analyst Ana Belén Montes was imprisoned for 20 years for sharing intelligence with Cuba that helped it prevent US attacks and sabotage. Upon being released, she condemned the “suffocating embargo” that makes Cubans “suffer.”
Sources and more information here: https://geopoliticaleconomy.com/2023/01/10/ana-belen-montes-20-years-prison-cuba-blockade
Illegal US blockade against Cuba continues harming millions on 60th anniversary: https://geopoliticaleconomy.com/2022/02/03/illegal-us-blockade-cuba-60th-anniversary
Entire world votes 185 to 2 against blockade of Cuba – US and Israel are rogue states at UN: https://geopoliticaleconomy.com/2022/11/03/un-vote-blockade-cuba-us-israel
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China 'counters US dollar hegemony' with gold reserves, yuan currency swap deals
China is advancing the global movement toward de-dollarization. Beijing's central bank is boosting its gold reserves while signing currency swap deals in yuan with countries like Argentina, encouraging the use of renminbi instead of US dollars.
Sources and more information here: https://geopoliticaleconomy.com/2023/01/08/china-dollar-gold-reserves-argentina-yuan
Russia dropping US dollar for Chinese yuan – and fast: https://geopoliticaleconomy.com/2022/12/26/russia-us-dollar-chinese-yuan
IMF admits US dollar hegemony declining, due to rise of Chinese yuan, sanctions on Russia: https://geopoliticaleconomy.com/2022/03/31/imf-us-dollar-decline-china-russia
How Argentina has been trapped in neocolonial debt for 200 years: An economic history: https://geopoliticaleconomy.com/2022/12/18/argentina-neocolonial-debt-history
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Introducing Geopolitical Economy Report: Multipolarista is evolving
We are excited to announce the creation of the independent media outlet Geopolitical Economy Report - an evolution and expansion of Multipolarista. Our team will be growing, and we have exciting new projects planned, including a regular show with economists Michael Hudson and Radhika Desai.
Editor-in-chief Ben Norton explains the changes (and the continuity).
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US now world's top LNG exporter, as Europe boycotts cheaper Russian gas
The USA has rapidly become the world's top exporter of liquefied natural gas (LNG), tied with Qatar. Europe replaced Asia as the top market for US LNG in 2022, after pledging to boycott Russian energy over the proxy war in Ukraine.
Europe is now paying significantly more for expensive US LNG than it had been for Russian pipeline gas. As of 2022, Europe had the highest energy prices on the planet, fueling an inflation crisis.
Sources and more information here: https://multipolarista.com/2023/01/04/us-lng-exporter-europe-russia-gas
Europe angry that US profits from Ukraine proxy war while destroying EU economy: https://multipolarista.com/2022/11/28/europe-us-profits-ukraine-war-economy
Who sabotaged Nord Stream pipelines? US boasts ‘tremendous opportunity’ to weaken Russia. CIA knew: https://multipolarista.com/2022/10/06/sabotage-nord-stream-pipelines-us-russia-cia
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Brazil's President Lula is back - and Bolsonaro fled to Florida
Lula da Silva has returned as Brazil's president. This will cause a major geopolitical shift. Meanwhile, far-right leader Jair Bolsonaro fled to Florida, fearing legal consequences for his corruption.
Brazil-based journalist Brian Mier joins to discuss what a third Lula government means for Latin America and the world.
Follow Brian at https://twitter.com/BrianMteleSUR
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Imran Khan: Pakistan should be non-aligned in cold war, neutral over Ukraine, applauds China
Ex Prime Minister Imran Khan argued Pakistan should have been non-aligned in the first cold war and in the new one between the US and China/Russia, as well as independent in the Ukraine proxy conflict. He also praised Beijing's historic poverty reduction program.
Sources and more information here: https://multipolarista.com/2022/12/31/imran-khan-pakistan-non-aligned-neutral-ukraine
Pakistan’s Imran Khan compares his ouster to CIA coup in Iran, criticizes Western colonialism: https://multipolarista.com/2022/12/30/pakistan-imran-khan-cia-coup-iran
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Pakistan’s Imran Khan compares his ouster to CIA coup in Iran, criticizes Western colonialism
Pakistan’s ex Prime Minister Imran Khan compared the US-backed coup against him in April 2022 to the CIA plot that overthrew Iran’s elected PM Mohammad Mossadegh in 1953. He praised Tehran’s sovereignty, criticized Western colonialism, and reaffirmed support for Palestine.
Sources and more information here: https://multipolarista.com/2022/12/30/pakistan-imran-khan-cia-coup-iran
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CIA and NATO are waging sabotage attacks inside Russia
The CIA is using the intelligence agencies of a European NATO ally to launch sabotage attacks inside Russian territory, according to a report by journalist Jack Murphy.
Sources and more information here: https://multipolarista.com/2022/12/29/cia-nato-sabotage-attacks-russia
Read Jack Murphy's article: https://jackmurphywrites.com/169/the-cias-sabotage-campaign-inside-russia
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Russia dropping US dollar for Chinese yuan - and fast
In response to Western sanctions, Russia's central bank is dropping the US dollar and plans to buy Chinese yuan on the foreign exchange market. The yuan's share of Russia's currency market increased from 1% to 40-45% in less than a year, while dollar trade halved from 80% to 40%. Moscow has quickly become the world's fourth-biggest offshore trading center for renminbi.
IMF admits US dollar hegemony declining, due to rise of Chinese yuan, sanctions on Russia: https://multipolarista.com/2022/03/31/imf-us-dollar-decline-china-russia
Iran & Russia pledge to cut US dollar from global trade, strengthen China alliance: https://multipolarista.com/2022/07/23/iran-russia-dollar-china-alliance
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UN experts condemn US sanctions for violating Iranians' human rights
Top United Nations experts wrote a letter to the United States government, emphasizing that its illegal unilateral sanctions on Iran violate the human rights of the Iranian people, calling for them to “be eased or lifted completely.”
Sources and more information here: https://multipolarista.com/2022/12/24/un-us-sanctions-iran-human-rights
Check out our related report "UN expert: ‘Outrageous’ Western sanctions are ‘suffocating’ Syria, may be crimes against humanity": https://multipolarista.com/2022/11/12/un-expert-western-sanctions-syria
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West opposes rest of world in UN votes for fairer economic system, equality, sustainable development
The West opposed the rest of a planet in United Nations General Assembly votes that called for a new international economic order based on sovereign equality, sustainable development, and biological diversity.
Sources and more information here: https://multipolarista.com/2022/12/22/west-un-vote-economic-system-equality
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Colombia’s President Petro denounces ‘parliamentary coup’ against Peru’s Castillo
Colombia’s President Gustavo Petro denounced the overthrow of Peru’s Pedro Castillo as a “parliamentary coup,” saying it is a warning for all democratically elected left-wing leaders in Latin America: “What they can’t win at the ballot box, they are trying to topple”
Read more here: https://multipolarista.com/2022/12/19/colombia-petro-coup-peru-castillo
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Latin America rejects coup in Peru, as US supports unelected regime killing protesters
Most of Latin America has opposed the US-backed coup in Peru, standing with elected President Pedro Castillo, including Mexico, Argentina, Colombia, Bolivia, Venezuela, Cuba, Nicaragua, and several Caribbean nations. Meanwhile, the unelected regime is massacring protesters, with Washington's support.
Report on CIA agent turned US ambassador meeting with Peru's defense minister one day before the coup: https://multipolarista.com/2022/12/14/coup-us-ambassador-peru-cia
Joint statement by Mexico, Argentina, Colombia, and Bolivia: https://multipolarista.com/2022/12/13/mexico-argentina-bolivia-colombia-peru-castillo-coup
ALBA's statement: https://multipolarista.com/2022/12/15/alba-peru-castillo-coup-argentina-kirchner
Honduras' statement: https://multipolarista.com/2022/12/13/honduras-coup-peru-pedro-castillo
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Peru coup: CIA agent turned US ambassador met with defense minister day before president overthrown
The US ambassador in Peru, Lisa Kenna, worked for the CIA for 9 years, as well as the Pentagon. One day before the coup against elected left-wing President Pedro Castillo, Kenna met with Peru’s defense minister, who then ordered the military to turn against Castillo.
Source and more information here: https://multipolarista.com/2022/12/14/coup-us-ambassador-peru-cia
En español aquí: https://geopoliticaeconomica.com/2022/12/15/embajador-eeuu-peru-cia-golpe
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What's going on in China? Protests, zero Covid shift, Middle East visit challenges petrodollar
In this joint stream of Multipolarista with Ben Norton, the Left Lens with Danny Haiphong, and Friends of Socialist China with Carlos Martinez, we discuss the latest developments in China, including:
- the government's response to protests,
- relaxation of its zero-Covid policy,
- President Xi Jinping's historic visit to the Persian Gulf,
- Beijing's plan to buy oil and gas in its currency the yuan, directly challenging the petrodollar
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Protesting farmer in Peru tells pro-coup media why she supports President Castillo: He's one of us!
In a viral interview with a pro-coup media outlet, a protesting Peruvian farmer says she supports elected left-wing President Pedro Castillo because, "All my life, those foreigners who have governed have discriminated against us," and "it pains them that we are governed by a teacher, a farmer," who is "humble, like us."
Read more here: https://multipolarista.com/2022/12/13/protest-peru-coup-media-president-castillo
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British empire killed 165 million Indians in 40 years: How colonialism inspired fascism
A scholarly study found that British colonialism caused approximately 165 million deaths in India from 1880 to 1920, while stealing trillions of dollars of wealth. The global capitalist system was founded on European imperial genocides, which inspired Adolf Hitler and led to fascism.
Sources here: https://multipolarista.com/2022/12/12/britain-100-million-india-deaths-colonialism
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2 coups in 2 days: Ben Norton discusses Peru and Argentina in Al Jazeera interview
Multipolarista editor Ben Norton was invited on Al Jazeera English to discuss the judicial coup in Argentina against Cristina Fernández de Kirchner on December 6 and the congressional coup in Peru against Pedro Castillo on December 7.
Watch the full Al Jazeera video here: https://youtube.com/watch?v=9uyMyBGaznQ
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Peru rises up after coup against elected President Pedro Castillo
Peru's elected left-wing President Pedro Castillo was overthrown in a coup by the right-wing-controlled congress. Ben Norton speaks with Peruvian activist Daniela Ortiz about the protests demanding a new constitution and the freedom of Castillo, a humble teacher and union organizer from a rural, indigenous-descent community in a country whose political system has long been dominated by racist elites.
Daniela's website: https://daniela-ortiz.com
Follow Daniela on Twitter at https://twitter.com/danillaortiz
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