All posts by Peter Koenig

IMF, WB, and WTO: Scaremongering Threats on De-Globalization and Tariffs

As key representatives of the three chief villains of international finance and trade, the IMF, World Bank (WB) and the World Trade Organization (WTO) met on the lush resort island of Bali, Indonesia, they warned the world of dire consequences in terms of reduced international investments and decline of economic growth as a result of the ever-widening trade wars initiated and instigated by the Trump Administration. They criticized protectionism that might draw countries into decline of prosperity. The IMF cuts its global economic growth forecast for the current year and for 2019.

This is pure scaremongering based on nothing. In fact, economic growth of the past that claimed of having emanated from increased trade and investments has served a small minority and driven a widening wedge between rich and poor of both developing and industrialized countries. It’s interesting how nobody ever talks about the internal distribution of GDP growth that these handlers and instruments of empire and liars for the elite are boasting about; nobody ever seems to question the way these growth rates are calculated or perhaps just drawn out of hot air? Take the case of Peru, a resource-rich country that boasted in the past often an economic growth of 5% to 7%. On average, the distribution of this growth was such that 80% went to 5% of the population and 20% was to be distributed among 95% of the people. This doesn’t even address the fragmentation of the lower and higher tiers of the percentage breakdowns, but it surely creates more poverty, more inequality, more unemployment and more delinquency.

Or just look at the insane and totally unfounded IMF prediction of 1 million percent inflation of the Venezuelan new currency in 2018 and 2019?  What are they talking about? No substantiation whatsoever. The same with the prediction of dire consequences from reduced trade, when trade as we know it, has and is serving almost exclusively the corporate world of rich industrialized countries, leaving poorer developing countries behind with a burden of unfair deals and often a resulting debt trap.

Such manipulations of truth coming out of international financial and trade organizations, especially the IMF and the WB, are so flagrantly and scrupulously wrong that they cannot be backed with a shred of professionalism, yet they get away with it because of their apparent unfailable reputation, scaremongering government into doing what is against their and their peoples’ best interest, namely, caring for their own local, sovereign economy, without any foreign interference.

Time and again it has been proven that countries that need and want to recover from economic fallouts do best by concentrating on and promoting their own internal socioeconomic capacities, with as little as possible outside interference. One of the most prominent cases in point is China. After China emerged on 1 October 1949 from centuries of western colonization and oppression by Chairman Mao’s creation of the People’s Republic of China (PRC), Mao and the Chinese Communist party first had to put a devastated ‘house in order’, a country ruined by disease, lack of education, suffering from hopeless famine as a result of shameless exploitation by western colons. In order to do that China remained practically closed to the outside world until about the mid- 1980’s. Only then, when China had overcome the rampant diseases and famine, built a countrywide education system and became a net exporter of grains and other agricultural products, China, by now totally self-sufficient, gradually opened its borders for international investments and trade.  And look where China is today. Only 30 years later, China has not only become the world’s number one economy, but also a world super power that can no longer be overrun by western imperialism.

But you don’t need to look that far. North Dakota saved herself from the 2008 “crisis”, by using public banking addressing the ND State’s economic needs – not the shareholder’s greed – and planning production and service activities that guaranteed basically full employment, while the rest of the country’s unemployment skyrocketed. The State’s economy grew by close to 3% in 2008 and 2009, and is still today the State with the fastest growth rate in the country and with the lowest unemployment rate. This is mostly due to a state economic development policy that concentrates on local capacities and that banks on public banking. Today, North Dakota has still the only public bank in the country; but other States, like New Jersey, New Mexico, Arizona and others, as well as the city of Los Angeles are at the brink of creating pubic banking. The mainstream media, however, doesn’t propagate such examples, as they are not in the interest of the banking and corporate oligarchs.

Local economy with local investments for the benefit of the local population, is, of course, not what the ultra-capitalist system wants. It doesn’t fit the neoliberal economic doctrine – driving globalization forward, pushing its bitter medicine of austerity down poor governments throats, so to further exploit their people, creating more poverty, milking their social systems and steeling their natural resources.

Enough! Wake up! Whatever you may think of President Trump – and he is certainly no panacea for world peace and his abject policy of interference in foreign lands and fueling conflicts and wars in the Middle East and around the globe must be condemned – but his protectionist policies, the “tariff wars” are a welcome sword into the belly of globalization, of the very neoliberal doctrine that has for the last thirty years brought more misery to 99.99% of the planet’s population than any other economic doctrine since Adam Smith. Trump may or may not know what he is doing, but certainly his handlers and advisers, hidden or overt, know the purpose of their newly professed turn of international policy.

Its intention is to cut the political cohesion created by globalization, to divide again for the empire to conquer. Yes. The intention is not to promote local economies, per se, but rather to get countries ready for unguarded bilateral negotiations and agreements between Washington and the developing world, under which the latter have no protection, and with their mostly corrupt leaders, they buckle under facing the harsh conditions of the empire. So, the purpose is not to help, say, the Latin American US backyard to become sovereign again, to the contrary, with imposed bilateral deals – see Brazil, Argentina, Chile, Ecuador, Peru, Colombia – they are slated to become increasingly vulnerable to and dependent on the US and US-dollar hegemony.

The point is for self-conscious and alert governments with the desire to return to their sovereign national politics, this is a crucial moment of truth to take advantage of. The ship is turning. It is the moment to jump off the globalized bandwagon, the globalized trade, the open borders for indiscriminate foreign investments; it is time to sit down and reflect and return to autonomous local policies: local economies, for local markets, with local money and local public banking for the benefit of the local economy. Trade, of course, is part of a local economy; but trade should best be kept within the realm of friendly neighbors and nations that have similar interests and similar political convictions. Trade under de-globalized circumstances should and will return equal benefits for partners, a win-win situation for all trading partners – as it should be according to the original interpretation of trade. By contrast, modern trade as we know it has almost consistently benefited the rich countries to the detriment of the poorer ones.

A good example for fair and equal trade may be ALBA (Alianza Bolivariana para los Pueblos de Nuestra América) – an association of 11 Latin American and Caribbean countries (Antigua and Barbuda Bolivia, Cuba, Dominica, Grenada, Nicaragua, Saint Kitts and Nevis, Saint Lucia, Saint Vincent, Surinam, the Grenadines and Venezuela), initiated and created by Venezuela and Cuba. ALBA may be an excellent illustration on how trade should work between countries or groups of countries. Most people have never heard of ALBA, for the simple reason the international media are typically silent about it, because the neoliberal elite doesn’t want a case of equality to become an example for others to follow. There exist currently other similar, even lesser known cases of fair and equal trade throughout the world, that are equally silenced by the media.

Promoting fair and equal trade is not an agenda item of WTO, nor of the IMF or the World Bank. Their role is just the contrary, being facilitators for the west to further exploit the people of the South and to further deplete the workers’ accumulated funds of their social safety-net that are still available in many western industrialized countries, especially in the western EU. It’s the bedrock of social safety that can be privatized and sucked empty by the international corporate banking system, along with privatization of social infrastructure, such as water supply and sanitation, electricity, hospitals, airports, railways – and much more. All what has the air of profitability can and must be privatized under neoliberal economic doctrines.

Countries, nations and societies, beware from listening and adhering to and working with these nefarious globalizing organizations – IMF, WTO and WB. They are mere servants of western corporatism and debt enslaving financial systems driven by the US Federal Reserves (FED), as well as Wall Street and their European banking partners.

This is an appeal to all countries that are proud of regaining their political sovereignty and economic autonomy, to ignore scaremongering and fear imposing threats by the IMF, the World Bank and WTO. They are not representing the truth, but their nasty role is to belie reality in favor of manipulative invented statistics that are expected to being believed because they stem from these so-called well-reputed institutions. Again, the best example of the IMF’s nonsensical statements is their repeated denigration of Venezuela, accusing the country of fostering an economy that creates a one million percent inflation in 2018 and even higher, they say, in 2019. Can you imagine? That says it all. Be aware – their words, whether spoken in Bali, Washington or Geneva, are nothing more than fear- and threat mongering hot air.

Security, Safety, Security! Dictatorship by Democracy

The other day, checking in at a European airport for an international flight, within about an hour it took to deposit my luggage, going through airport security, the metal detectors, body screening machines, the automatic passport reading procedure, waiting at the gate and finally boarding, I have heard or read the words security and safety, honestly speaking, more than a hundred times. There are now countless primitive videos – in fact, insultingly primitive videos – that show you the precise procedures to follow to keep you safe and secure. All you have to do is follow them to keep your life safe and in secure hands. It is a constant indoctrination that we are in danger and that the democracy around us keeps us safe.

Some paper in my shirt pocket and a handkerchief I didn’t remove from my pocket had to go through a special ‘dust reader’; my hands were also ‘dusted off’ and the special tissue used for it also went through the ‘reader’ only then, when indeed the result was negative, was I free to collect my things and get redressed. I wondered aloud how many valuable items, like cell phones, laptops, cameras and so on – ‘disappear’ – or get ‘lost’ in the hassle, and I could not shut up making my comments about the nonsense – the George Bush invented 9/11 endless war on terror, that itself was based on a false flag; i.e., the  self-imposed 9/11 – and that prompted this forced submission to an ever-more degrading and harassing security procedure. About three security agents descended on me – this time politely, I must say, assuring me that all this was for my own safety. Naturally. How could it be different. We want you to be safe and secure, Sir. Bingo. It’s difficult to protest against so much protective kindness.

Does anybody have an idea on what this security and safety industry – the machines and apparatuses, and ever newly invented security gadgets – cost?  And the profit they bring to the war and security industry and their shareholders, many of whom are former high-ranking US and other western government officials?  The airport security business alone is estimated at between US$ 25 and 30 billion per year. What can I say? These airport security employees have jobs; they have been trained to use these billions-worth devices to intimidate and harass people into fear, into obeying, into blindly, no questions asked, following the dictate of democracy. Most of these security agents don’t know much about what they are doing. They have a noble job: protecting the world from terrorists, a job that keeps them proudly off an ever-growing mass of unemployed, or underemployed, lowly-paid workers. Free thinking is not allowed, lest you are pushed out into the cold, to join the ranks of beggars, of the socially unfit, who depend on government handouts.

Once on the plane, I couldn’t believe my eyes. There was a flight attendant by the name of “security and safety”. Well, that was her title, instead of a real name. Lovely, I thought. It doesn’t stop. Security and safety brainwashing permeate every fiber 24/7 of our lives.

Security and safety über alles! – Heil to the neocons, heil to the neonazis that have taken over the reins of our every-day life. And I’m not talking about the political parties of the extreme ‘right’ in France or Germany, they are just puppets for the invisible elite, for those ‘deepstaters’ that pull the strings behind the Trumps, Macrons, Merkels and Mays of this world. – Of course, it’s all for your security, my security, at best, for national security – not theirs, the ones who impose these nonsensical rules, rules that serve strictly for no other purpose than to oppress the common citizen, to brainwash the populace into believing that they are under a constant threat of attack.

Back to the airport. At the hand baggage x-ray control, where everybody has to put their cosmetics in a transparent plastic bag, pull out their laptops, tablets and cameras, and are being told what items are not allowed on board, ridiculous stuff, absolutely hilariously ridiculous – if it wasn’t that serious – and all for your own safety, naturally – I was being pushed aside for a service man who delivered a case of bananas to the restaurant in the waiting hall. His bananas had to be cleared by the x-ray machine. Imagine!  They could be objects of terror, maybe even weapons of mass destruction – WMDs.

The real WMDs that kill millions on an every-day basis, in Yemen, in Syria, in Iraq, Somalia, Sudan, Afghanistan – and the list goes on – nobody talks about. They have become common staple of our “secure” and “safe” world. The UN, during the ongoing Annual Meeting in New York, declared Yemen a country governed by terror – yes, the Yemenis, who are starved to death like no other nation in recent history, with – also according to the same UN – 5 million children at high risk of death by famine. Not the Saudis, or the United States of America, or the UK, the French, the Spaniards, who feed the Saudis with war planes and bombs, with real weapons of mass destructions are the terror nations. No, it’s Yemen. What world have we ended up with?

We are governed by a bunch of criminals and crooks, who benefit from our ignorance and mentally challenged brains. In the submissive west, the utterly brainwashed and by now almost brainless populace is reminded that we are screened for security purposes, for our own security. Every time the screws of security are tightened a little more, the arms are twisted a bit further, just a tiny bit – never forget, it’s only for our security and safety. By the time, my dear fellow citizens, we realize that our arms are broken and our skulls and brains smashed beyond repair, it’s too late.

As we are reminded by our masters that keep us secure and safe, we are also reminded that we are living in the only democracy that exists on the planet, namely western style democracy. Never mind, this democracy is often, most often, in fact, imposed to the rest of the world by sledgehammer, or even by WMDs. We, of course, don’t know that; we are made believe that all those countries that are being ‘regime-changed’, or destroyed for the sake of democracy are being destroyed for the betterment of their citizens living conditions. That’s what we are made believe. There is no other set of nations – with a thousand years of horrific history of exploitation, killing, raping, looting, lying – than the west. And the west, to this day, continues lying and manipulating peoples’ minds in a more sophisticated way than even Goebbels could have dreamed of.

Can you imagine – the “Peru Six”, the neocons – very close to neonazis – of the Americas – (Argentina, Chile, Colombia, Paraguay, Perú and Canada), of course, all in the pockets of Washington, have had the unbelievable audacity to file a lawsuit at the International Court of Justice of The Hague against Venezuela for torturing and oppressing her people to the point that 2 million had to leave the country. This is such a flagrant multiple lie – it is actually a crime against humanity, against the only – yes, the very only real democracy left in the west, Venezuela – to make one’s stomach churn.

The maximum 500,000 to 700,000 Venezuelans, who, according to UNHCR and the International Organization of Migration, have migrated to neighboring countries, because of the foreign imposed – yes, totally foreign imposed, sanctions of the US and the EU – plus shamefully neutral Switzerland – horrendous economic conditions of the country. The Maduro Government is struggling to reverse that situation by de-linking Venezuela’s economy from the dollar economy, by creating new alliances with the east, in particular China and Russia. And as there are signs that the wheel may be turning favorably for Venezuela, some of the migrants are already returning.

But can you imagine what these six Latin American Washington bootlickers do to the reputation of Venezuela? And they may actually be welcome in The Hague, especially after John Bolton, Trump’s neocon “Security Adviser” – again Heil-Heil Security! – has warned the judges of this once-upon-a-time noble-intentioned international court, to beware and behave, and never pursue (war) crimes committed by the United States and Israel, meaning in clear text – obey and do what is in the interest of the exceptional nation(s), or else. So, the ICJ may actually be compelled to consider the malicious and totally fake and deceitful complaint of the Peru Six seriously.

And all that under the name of democracy.

Wake up, dear co-citizens! Its high time. We are living in an abject Security Dictatorship, called Democracy. It imposes an ever-increasing militarization, becomes an ever more brutal police state, or better, an association of brutal police states, to be sure, that if and when you wake up, your awakening will be smashed with visceral power of a legalized, totally legitimate Security Dictatorship. If we don’t act now – and acting starts at these dreadful, humiliating and harassing security stupidities we accept every day at airports around the world – we will be fried for good. Stand up, folks! Stand up for your rights and against the day-in-day-out brainwashing of keeping you secure. Let’s take back our security sovereignty. We, and only we, as citizens, colleagues and comrades, are responsible for our own security. Let not security and safety be imposed by criminal, warmongering, children-killing Security Democracies, namely our western governments.

The United States of America: The Real Reason Why They Are Never Winning Their Wars

This essay is inspired by Professor James Petras’ article, describing that the US never wins wars despite trillions of investments in her war budget and obvious military superiority.  Professor Petras is, of course, right, the United States is currently engaged in seven bloody wars around the globe (Afghanistan, Iraq, Pakistan, Syria, Yemen, Somalia, Libya) and has not been winning one, including WWII. The question is: Why is that?

To these wars, you may want to add the totally destructive and human rights adverse war that literally slaughters unarmed civilians, including thousands of children, in an open-air prison, Gaza, the US proxy war on Palestine, carried out by Israel; plus, warmongering on Iran, Venezuela and North Korea. Let alone the new style wars — the trade wars with China, Europe, and to some extent, Mexico and Canada — as well as the war of sanctions, starting with Russia and reaching around the world, the fiefdom of economic wars also illegal by any book of international economics.

Other wars and conflicts, that were never intended to be won, include the dismantlement of Yugoslavia by the Clinton / NATO wars of the 1990s, the so-called Balkanization of Yugoslavia, ‘Balkanization’, a term now used for other empire-led partitions in the world, à la “divide to conquer”. Many of the former Yugoslav Republics are still not at peace internally and among each other. President Tito, a Maoist socialist leader was able to keep the country peacefully together and make out of Yugoslavia one of the most prosperous countries in Europe in the seventies and 1980s. How could this be allowed, socio-economic well-being in a socialist country?  Never. It had to be destroyed. At the same time NATO forces advanced their bases closer to Moscow. But no war was won. Conflicts are still ongoing, “justifying” the presence of NATO, for European and US “national security”.

Then, let’s not forget the various Central American conflicts — Nicaragua, Honduras, Guatemala — the 8-year Iraq-Iran war, and many more, have created havoc and disorder, and foremost killed millions of people and weakened the countries affected. They put the population into misery and constant fear, and they keep requiring weapons to maintain internal hostilities, warfare and terror to this day.

All of these wars are totally unlawful and prohibited by any international standards of law. But the special and exceptional nation doesn’t observe them. President Trump’s bully National Security Advisor, John Bolton, recently threatened the ICC and its judges with ‘sanctions’ in case they dare start prosecution of Israeli and American war criminals. And the world doesn’t seem to care, and, instead, accepts the bully’s rule, afraid of the constant saber-rattling and threats being thrown out at the resisters of this world. Even the United Nations, including the 15-member Security Council, is afraid to stand up to the bully – 191 countries against 2 (US and Israel) is a no go?

None of these wars, hot wars or cold wars, has ever been won. Nor were they intended to be won. And there are no signs that future US-led wars will ever be won; irrespective of the trillions of dollars spent on them, and irrespective of the trillions to come in the future to maintain these wars and to start new ones. If we, the 191 UN member nations allow these wars to continue, that is. Again, why is that?

The answer is simple. It is not in the interest of the United States to win any wars. The reasons are several. A won war theoretically brings peace, meaning no more weapons, no more fighting, no more destruction, no more terror and fear, no more insane profits for the war industry, but foremost, a country at peace is more difficult to manipulate and starve into submission than a country maintained at a level of constant conflict, conflict that not even a regime change will end, as we are seeing in so many cases around the world. Case in point, one of the latest ones being the Ukraine, after the US-NATO-EU instigated February 2014 Maidan coup, prepared with a long hand, in Victoria Nuland’s word, then Assistant Secretary of State, we spent more than 5 years and 5 billion dollars to bring about a regime change and democracy to the Ukraine.

Today, there is a “civil war” waging in eastern Ukraine, the Russian leaning Donbass area (about 90% Russian speaking and 75% Russian nationals), fueled by the ‘new’ Washington installed Poroshenko Nazi government. Thousands were killed, literally in cold blood by the US military-advised and assisted Kiev army, and an estimated more than 2 million fled to Russia. The total Ukraine population is about 44 million (2018 est.), with a landmass of about 604,000 km2, of which the Donbass area (Donetsk Province) is the most densely populated, counting for about 10% of population and about 27,000 km2.

Could this Kiev war of aggression end? Yes, if the West would let go of the Donbass area which in any case will never submit to the Kiev regime and which has already requested to be incorporated into Russia. It would instantly stop the killing, the misery and destruction by western powers driven Nazi Kiev. But that’s not in the interest of the west, NATO, EU and especially not Washington – chaos and despair make for easy manipulation of people, for exploitation of this immensely rich country, both in agricultural potential – Ukraine used to be called the bread basket of Russia – and in natural resources in the ground; and for steadily advancing closer to the doorsteps of Moscow. That’s the intention.

In fact, Washington and its western EU vassal allies are relentlessly accusing Russia for meddling in the Ukraine, in not adhering to the Minsk accords. They are ‘sanctioning’ Russia for not respecting the Minsk Protocol (Ukraine, Russia, France, and Germany agreed on 11 February 2015 to a package of measures to alleviate the ongoing war in eastern Ukraine), when, in fact, the complete opposite is true. The west disregards the key points of the accord – no interference. But western propaganda and deceit-media brainwash western populations into believing in the Russian evil. The only ones meddling and supplying Kiev’s Nazi Regime with weapons and “military advisors” is the west.

The ongoing strategy is lie-propaganda, so the western public, totally embalmed with western falsehoods, believes it is always Russia. Russians, led by President Putin, are the bad guys. The media war is part of the west’s war on Russia. The idea is, never let go of an ongoing conflict – no matter the cost in lives and in money. It’s so easy. Why isn’t that addressed in many analyses that still pretend the US is losing wars instead of winning them? It’s 101 of western geopolitics.

For those who don’t know, the US State Department has clearly exposed its plans to guarantee world primacy to the Senate’s Foreign Relations Commission. Assistant Secretary of State, Wess Mitchell, has declared that the United States is punishing Russia, because Moscow is impeding Washington from establishing supremacy over the world. It gets as blunt as that. The US openly recognizes the reason for their fight against Russia, and that Washington would not accept anything less than a full capitulation. See French version in ZE Journal.

The full supremacy over the world is not possible without controlling the entire landmass of Eurasia, which for now they, the US, does not dominate. Mitchell added, contrary to optimistic hypothesis of earlier administrations, Russia and China are the most serious contenders to impede materially and ideologically the supremacy of the United States in the 21st Century, in a reference to the PNAC, Plan for a New American Century.

Then Mitchell launched a bomb: “It is always of primordial interest for the United States’ national security to impede the domination of the Eurasian landmass by hostile powers.”  This clearly means that the United States will shy away from nothing in the pursuit of this goal – meaning an outright war, nuclear or other, massive killing and total destruction to reach that goal. This explains the myriad false accusations, ranging from outright insults at the UN by a lunatic Nikki Haley, the never-ending saga of the Skripal poisoning, to Russian meddling in the 2016 US elections and whatever else suits the political circumstances to bash Russia. And these fabricated lies come mostly from Washington and London, and the rest of the western vassals just follows.

War is hugely profitable. It creates so much money because it’s so easy to spend money very fast. There are huge fortunes to be made. So, there is always an encouragement to promote war and keep it going, to make sure that we identify people who are ‘others’ whom we can legitimately make war upon.

— Roger Waters, Co-founder of the rock band Pink Floyd

Russia today is attacked by economic and trade “sanctions”, by travel bans, by confiscated assets they have in the west. The Cold War which propagated the Soviet Union as an invasive threat to the world, was a flagrant and absolute lie from A to Z. It forced the Soviet Union, thrown into abject poverty by saving the west from Hitler during WWII – yes, it was the Soviet Union, not the US of A and her western ‘allies’ that defeated Hitler’s army – losing between 25 and 30 million people!  Imagine! By saving Europe, the Soviet Union became unimaginably devastated and poor.

The US propaganda created the concept of the Iron Curtain which basically forbade the west to see behind this imaginary shield to find out what the USSR really was after WWII – made destitute to the bones by the second World War. Yet this Cold War and Iron Curtain propaganda managed to make the western world believe that it is under a vital threat of a USSR invasion day-in-day-out, and that Europe with NATO must be ready to fend off any imaginary attack from the Soviet Union. It forced the Soviet Union to using all her workers’ accumulated capital to arm themselves, to be able to defend themselves from any possible western aggression, instead of using these economic resources to rebuild their country, their economy, their social systems. That’s the west – the lying, utterly and constantly deceiving west. Wake up, people!!!

Here you have it, confirmed by Wess Mitchell. The US would rather pull the rest of the world with it into a bottomless and an apocalyptic abyss with its sheer military power, than to lose and not reach her goal. That’s the unforgiving ruling of the deep state, those that have been pulling the strings behind every US president for the last 200 years. Unless the new alliances of the East; i.e., the SCO, BRICS, Eurasian Economic Union, half the world’s population and a third of the globe’s economic output, are able to subdue the United States economically, we may as well be doomed.

As the seven present ongoing wars speak for themselves, chaos — no end in sight and intended — allow me to go back to a few other wars that were not won, on purpose, of course. Let’s look again at WWII and its sister wars, economic wars and conflicts. Planning of WWII started soon after the Great Depression of 1928 to 1933 and beyond. Hitler was a ‘convenient’ stooge. War is not only hugely profitable, but it boosts and sustains the economy of just about every sector. And the major objective for the US then was eliminating the Bolshevik communist threat, the Soviet Union. Today it’s demonizing President Putin and, if possible, bringing about regime change in Russia. That’s on top of Washington’s wish list.

In the midst of the Great Depression, in 1931, the US created the Bank for International Settlement in Basel, Switzerland, conveniently located at the border to Germany. The BIS, totally privately owned and controlled by the Rothchild clan, was officially intended for settling war compensation payments by Germany. Though, unknown to most people, Germany has paid almost no compensation for either WWI and WWII. Most of the debt was simply forgiven. Germany was an important player in Washington’s attempt to eliminating the “communist curse” of the USSR. The BIS was used by the FED via Wall Street banks to finance Hitler’s war against the Soviet Union.

As usual, the US was dancing on two weddings: Pretending to fight Hitler’s Germany, but really supporting Hitler against Moscow. Sounds familiar? Pretending to fight ISIS and other terrorists in the Middle East and around the world, but in reality, having been instrumental in creating, training, funding and arming the terror jihadists. When WWII was won by the Soviet army at a huge human sacrifice, the US, her allies and NATO marched in shouting victory. And to this day these are the lessons taught in western schools, by western history books, largely ignoring the tremendous credit attributable to the Soviet Union, to the Russian people.

And since the USSR was not defeated, the Cold War had to be invented – and eventually with the help of Washington stooges, Michael Gorbachev and Boris Yeltsin, the west brought down the Soviet Union – preparing the way for a unipolar world. This grandiose goal of the exceptional nation was, however, and very fortunately, stopped in its slippery tracks by the ascent of Russian President Putin.

But that’s not all. For dominating Russia, Europe had to be ‘colonized’ – made into a “European Union” (EU) that was never meant to be a real union, as in the United States of America. The idea of a European Union was first planted shortly after WWII by the CIA, then taken over by the Club of Rome – and promoted through numerous conventions all the way to the Maastricht Treaty of 1992. The next logical step was to give the EU a Constitution, to make the EU into a consolidated Federation of European States, with common economic, defense and foreign relations strategies. But this was never to be.

The former French President, Giscard d’Estaing (1974 – 1981), was given the task to lead the drafting of an EU Constitution. He had strict instructions, though unknown to most, to prepare a document that would not be ratified by member states, as it would have bluntly transferred most of the EU nations sovereignty to Brussels. And so, the constitution was rejected, starting by France. Most countries didn’t even vote on the Constitution. And so, a federation of a United Europe didn’t happen. That would have been an unbeatable competition to the US, economically and militarily. NATO was eventually to take the role of unifying Europe under the control of Washington. Today, the EU is ever more integrated into NATO.

What happened in parallel to the construct of a (non) European Union was the European financial and economic colonization or enslavement through the Bretton Woods Agreements in 1944. They created the World Bank to manage the Marshall Plan, the US-sponsored European reconstruction fund, and the International Monetary Fund (IMF), to monitor and regulate the gold standard (US$ 35 / Troy Ounce), vis-à-vis the so-called convertible mostly European currencies. In fact, the Marshall Plan, denominated in US-dollars, was the first step towards a common European currency, prompted by the Nixon Administration’s exiting the gold standard in 1971, eventually leading to the Euro, a fiat currency created according to the image of the US dollar. The Euro, the little brother of the US fiat dollar thus became a currency with which the European economic, financial and monetary policies are being manipulated by outside forces; i.e., the FED and Wall Street. The current President of the European Central Bank, Mario Draghi, is a former Goldman Sachs executive.

These are wars, albeit the latter ones, economic wars, being constantly waged, but not won. They create chaos, illusions, believes in lies, manipulating and mobilizing people into the direction the masters of and behind Washington want them to move. These are the same masters that have been in control of the west for the last 200 years; and unknown to the vast majority of the western population, these masters are a small group of banking and financial clans that control the western monetary system, as we know it today. It was brought into existence in 1913, by the Federal Reserve Act. These masters control the FED, Wall Street and the BIS – also called the central banks of central banks, as it – the BIS – controls all but a handful of the world’s central banks.

This fiat financial system is debt-funding wars, conflicts and proxy hostilities around the world. Debt that is largely carried in the form of US treasury bills as other countries’ reserves. The continuation of wars is crucial for the system’s survival. It’s hugely profitable. If a war was won, peace would break out – no war industry profit there, no debt-rent for banks from peace. Wars must go on and the exceptional nation may prevail, with the world’s largest military-security budget, the deadliest weapons and a national debt, called ‘unmet obligations’ by the US General Accounting Office (GAO) of about 150 trillion dollars, about seven and a half times the US GDP. We are living in the west in a pyramid monetary fraud that only wars can sustain, until, yes, until a different, honest system, based on real economic and peaceful output, will gradually replace the dollar’s hegemony and its role as a world reserve currency. It’s happening as these lines go to print. Eastern economies, like the Chinese, with China’s gold-convertible Yuan, and a national debt of only about 40% of GDP, is gradually taking over the international reserve role of the US dollar.

The US of A, therefore, will do whatever she can to continue demonizing Russia and China, provoke them into a hot war, because dominating, and outright ‘owning’ the Eurasian landmass is the ultimate objective of the killer Empire.

Iran Hawks in Washington

No doubt, anti-Iran propaganda out of Washington abounds. There are numerous Zionist-run think-tanks (sic) that make US Foreign Policy and are ratcheting up anti-Iran anger in the US, but targeting especially the Iranian population at home, in Iran. The notorious chief-villain of these agencies, by the way, highly subsidized by the US State Department, and perhaps even more important, by the powerful US military-security complex, is the Foundation for the Defense of Democracy (FDD). More than fifty years ago, then President Dwight Eisenhower already warned the world about the invasive, abusive and greed-driven powers of this ever-growing war industry.

Nobody really heeded his advice, least the United States with her world hegemonic aspirations. Today we have to live with it and recognize the dangers emanating from this war complex, that controls more than 50% of the US GDP, all associated industries and services included. If peace were to break out tomorrow, the US economy would collapse. It is, therefore, the new normal that aggressions are flying out from Washington to all those proud countries that refuse to submit themselves to the dictate of the hegemon, like Iran, Venezuela, North Korea, Syria, Russia, China, Pakistan, Cuba and many more. The assaults on free and independent thinking nations come in the form of verbal insults, economic sanctions, tariffs, broken international and bilateral agreements, and foremost war threats and provocations. Beware from falling into the trap.

Iran is not alone. It means moving on and living with this western imposed system or else…

And else, means getting out of it. Unfortunately, it does little good accusing the devil overseas, like the FDD, NED (National Endowment for Democracy) and whatever else they are called. They will not go away; they just enjoy the anger they generate. And, yes, there is a clear and present danger that through Netanyahu and Trump war provocations on Iran are being launched. And, yes, as long as Iran is still linked to the western monetary system, and tries hard to stay linked to it, more sanctions will follow, disastrous sanctions, but disastrous only as long as Iran is tied to the western dollar-based economy. If you, Iran, move away from this massive western monetary fraud – and this will not happen over-night – you, Iran, will gradually regain your economic autonomy and political sovereignty. This is crucial.

Fighting and arguing against senseless and totally illegal sanctions and aggressions or even begging the west to stick to the Nuclear Deal against Washington’s reneging on the Nuclear Deal is a waste of time. It will achieve nothing. They, the US of A, will not give in. The Israel and war industrial complex lobbies are too strong. Counting on Europe to stick to the “Deal” is not a good strategy. Even if – for their own selfish interests – the Europeans would want to maintain the 5+1 Joint Comprehensive Plan of Action (JCPOA), first, you never know whether and when they may cave in to Washington and Israel’s pressure, and, second, even if they don’t, you are still linked to the western ponzy-economy through the euro and, thus vulnerable for sanctions.

Most important, however, rather than looking outside for a culprit; i.e. in Washington or Brussels, find the solution from within. There are two major obstacles to keep in mind. The first one Iran is in the process of overcoming.  It’s called embarking on an “Economy of Resistance”; the second one is more complicated but not impossible – neutralizing the Fifth Column in Iran.

Economy of Resistance is a path to self-sufficiency, economic autonomy and political sovereignty. Iran, under the guidance of the Ayatollah, has already embarked on this de-globalizing route. President Putin said already several years ago the sanctions were the best thing that happened to Russia after the collapse of the Soviet Union. It forced Russia to rehabilitate and rebuild her agricultural sector and modernize her industrial park. Today Russia is by far the largest wheat exporter in the world and has a cutting-edge industrial arsenal. This message Mr. Putin transmitted during his visit to Tehran last November face-to-face to the Ayatollah.

Following the principles of a Resistance Economy implies a gradual, but eventually radical separation from the western monetary system and adherence to the eastern alliances, like the SCO — Shanghai Cooperation Organization — the BRICS and the Eurasia Economic Union (EEU). Iran is poised to become a member of the SCO within a short time. These alliances are no longer trading in UDS dollars, have their own international transfer systems – separated from the western, privately run SWIFT which is totally controlled by the US banking moguls – and therefore, SWIFT is a prime instrument to impose financial and economic sanctions, by withholding or blocking international payment transfers and blocking or confiscating assets abroad.

These eastern alliances are trading in their local currencies and in the case of China and hydrocarbons, even in gold-convertible yuans. One or several new eastern monetary systems are under consideration, including by the BRICS. An important part of the eastern alliances is President Xi’s Belt and Road Initiative (BRI) – or the new Silk Road, a massive multi-trillion yuan infrastructure and transport investments plan – spanning the world from east to west with several connecting “roads”, including maritime routes. This BRI plan, recently incorporated in China’s constitution – is the vanguard for a new economic system, based on equality and benefiting all partners – a clear departure from the western “carrot and stick approach; i.e., ‘do as I say or else’ sanctions will follow.

Second, and this is the real challenge, countries like Iran, Venezuela, Russia, China and all those nations that resist the west’s attempts to conquer, command and subdue them have a strong so-called “Fifth Column”, open and covert infiltrated western or local and western-trained and funded ‘assets’. These people are usually embedded in the financial sector, especially the central banks and in trade related activities. They are the ‘recipients’ of the messages from the Hawks from Washington – they propagate them in Iran, bring people to the streets often by paying them – to make believe that there is a strong opposition to the government.

They control the local media, publish false economic information – unemployment, inflation – and seek tightening investment links with the west. The Fifth Columnists, or Atlantists, are helping to manipulate currency exchange rates, devaluations of their country’s – Iran – money; they are exaggerating the impact of sanctions at home to create fear and hostility against the government – in brief, they are weaponizing public opinion against their own government. They are collaborators with Iran’s enemies.

The Fifth Columnists are a dangerous, criminal and non-transparent alliance of opponents working for foreign interests in Iran, as well as in Russia, Venezuela, China, and wherever the Washington hegemon and its dark deep masters want to bring about regime change. Neutralizing them is a huge challenge, as their activities are deeply rooted in their countries financial system, private banking and international trade.

The best way of annihilating their nefarious impact is by applying the rules of Resistance Economy – breaking loose from the western dollar system, de-globalizing the economy, finding back to political and economic sovereignty – local production for local markets with local money and local public banking for the development of the local economy; and by trading with friendly, culturally and ideologically aligned countries. If the link to the globalized west is broken, their power is gone. Iran is on the right path – the future is in the East. The greed-driven aggressive west is committing economic and moral suicide. The west has become a sinking ship.

• Article initially written for FarsNews Iran and was translated into Farsi.

Yemen and Spain: Destruction and Death versus Spanish Unemployment

Spain’s President, socialist Pedro Sanchez, canceled a week ago the sale of 400 laser-guided missiles to the Saudis for humanitarian reasons (value of the missile contract € 9.2 million – US$ 10.7 million). A couple of days ago, he reversed that noble decision, reinstating the sale, because the Saudis threatened cancelling their contract for 5 “Corvette” warships to be built by Navantia over the next few years, for a value of € 1.8 billion (US$ 2.1 billion), providing work for some 6000 shipyard workers in one of the economically worst hit areas of Spain, Cadiz Province of Andalusia.

>So, to save jobs, Sanchez decided to sell the bombs after all, the very bombs that will further decimate the Yemeni population – kill masses of children and increase the untold, unfathomable misery for this poor country, strategically located on the Gulf of Aden.

The war ships Spain is producing for the Saudis are certainly not going to bring peace to the world either; they bring perhaps work to Spanish shipyard workers, but, Dear Mr. Sanchez, where are your ethics?  Where is your sense of Human Rights?

Would it not be more ethical to help Spanish workers find alternative jobs, or while they are looking, pay them unemployment at a decent level? Perhaps exceptional unemployment, because the reason for the unemployment in this case is ‘exceptional’ and ethical to the point that the workers would probably understand — a sense of integrity and conscience they may proudly pass on to their children.

To top it all off, Spain’s Minister of Defense, Margarita Robles, pretends that the Saudis have to guarantee that the missiles will not be used against Yemenis. Whom does she think she is fooling? Would the Spanish people be so blind to reality to believe this lie? I don’t think so. The Spaniards, having gone themselves through ten years of foreign imposed economic austerity hardship, an economic warfare of sorts, are more awake than believing dishonesties that serve the capitalist, profit-seeking war industry.

The Spanish bombs may substantially contribute to the killing of tens of thousands of Yemenis and among them countless defenseless children and women. The delivery of these missiles would be a tacit recognition and acceptance that the Saudis, supported by the US, the UK and France, block vital food and medical supplies from entering Yemen, thereby starving literally millions to death. And most likely the Spanish warships are creating in Yemen or elsewhere even worse human suffering.

Instead, Mr. Sanchez, why not show your heart and compassion for these innocent victims of western aggression, override your Minister of Defense, and block the sale of the 400 deadly missiles and the 5 killer Corvettes?

According to Mint Press News (10 September, 2018), the UN estimates that nearly 20 million Yemenis could die from starvation this year. That’s about 70% of the entire population, and that horrific number includes more than 2 million children. Two to three generations wiped out by the world’s most criminal monster nations, the Saudis, supported by the US, UK, France specifically, and more generally, by NATO. About 500,000 of these children already show severe signs of malnutrition, which, if it lasts over an extended period of time, may cause severe brain damage and stunting effects that might even be passed on to future generations.

Since the onset of the war which typically and conveniently is called by the west a ‘civil war’ which it is, of course, not – the US has supported the confrontation with over US$ 200 billion of war planes and weapons, and the UK with missiles and bombs. This war of aggression by the US and western puppet allies, aiming foremost at dominating the country’s geographic and geostrategic location, overlooking the Gulf of Aden and further to the east, the Arabian Sea, leading to the Persian Gulf, has created the worst humanitarian crisis in modern history.

Under international pressure and a UN appeal, the Saudis have offered US$ 300 million worth of humanitarian aid – food and medication – with deadly strings attached. They have weaponizing this humanitarian aid, by closing the main ports of entry, especially the one of Hodeida, so the aid could not reach the population in need. Yemen relies for 80% of her food supply on maritime imports, 90% of which normally enters through the Red Sea port of Hodeida.

The Saudis – always with the explicit support of Washington – targeted on purpose key survival installations, like water supply and sewerage systems, agricultural fields, market places, food storage sites, power generation and electricity grids, hospitals, schools, basic transportation infrastructure,  all to create the most abject scenario for starvation and disease, especially intestinal diseases, dysentery, cholera, from lack of drinking water and sewage pollution. With a currency that loses every day more of its value and skyrocketing food prices, three quarters of the population depends on humanitarian aid, most of which is blocked at the points of entry.

The last remaining lifeline for about 18 million Yemenis is the port of Hodeida. In fact, the assault on the port city of Hodeida is led by another U.S. Gulf coalition ally, the United Arab Emirates. The deadly operation to capture Hodeida is dubbed “Golden Victory”, putting up to a million people into an open prison of sexual torture, rape, starvation and uncountable other war crimes. According to UN estimates, a quarter-million men, women, and children could die from the military assault alone should the US-backed coalition continue its invasion of Hodeida. Saudi warplanes have already bombed school buses with children and buses of refugees fleeing the airstrikes, killing hundreds.

Mr. President Sanchez, you must be aware of this abysmal situation and crime that your 400 guided missiles would worsen – more bloodshed, more suffering, more children killed? Aren’t you?

And if you are, Mr. President, don’t you think that the humanitarian gesture that you first intended, not selling these bombs to the Saudis would by far outweigh the unemployment of 6000 shipyard workers?  An unemployment that your government could easily resolve, if not on a regular, then on an exceptional basis for the exceptional cause of avoiding more killing and more suffering, or what the UN describes as an outright genocide.

But there may be more at stake than meets the eye. Despite some fierce opposition, the US Congress has again voted for unquestioned support for Saudi Arabia’s war on Yemen. Foreign Secretary Pompeo has made it clear that he expects allied nations, especially NATO nations, of which Spain is one, to follow the US lead in supporting the Saudi-led hostility against a nation already eviscerated, for all practical purposes.

Was this perhaps understood as a threat of US sanctions, in case you disobey this tacit order, Mr. President?

Dear Mr. Sanchez, you would have a brilliant and simple legal reason for NOT selling these deadly and destructive weapons, missiles and warships, to the Saudis. The Spanish Constitution, like the Constitutions of most European countries, prohibits selling weapons to countries “when there are indications that these weapons could be used against inherent human dignity”. In addition, the common position of the EU recommends and insists that her members refrain from selling arms when there is a risk that they are used to violate Human Rights.

Of course, any EU law or regulation is easily overruled by the Masters from Washington. That’s why it takes guts – and more – for a President, a socialist and humanitarian at heart, one who in his first 100 days in office has already done a lot of good at home, by undoing some of the disastrous social laws of his conservative predecessor, who was forced out of office in the midst of modern Spain’s scandal of worst corruption – hence, for you, Mr. President, to resist the pressure from outside as well as from within – would be sending an important message of morals and ethics to the world.

Mr. Sanchez, you would be a hero, not only for Spain and the Spanish shipyard workers, who would most certainly applaud you, but for the entire world. You would demonstrate that your ethics cannot be compromised by money or political pressure. This would, indeed, be a novelty for our neoliberal western world.

And your personal benefit, Mr. Sanchez: You could again sleep at night.

Ethiopia: A Case Study in Take-Over by Western Interests

Ethiopia is a landlocked country, bordering on Somalia which is dominating the Horn of Africa. Due to several border conflicts during the past decades with Somalia, many of them supportive of Ethiopia by the US military, the border between the two countries has become porous and ill-defined. Ethiopia is also bordering on Djibouti, where the United States has a Naval Base, Camp Lemonnier, next to Djibouti’s international airport. The base is under AFRICOM, the Pentagon’s African Command. AFRICOM has its boots in Ethiopia, as it does in many other African countries.

Ethiopia’s new Prime Minister, Abiy Ahmed, has already demonstrated that he is poised to hand over his country to western interests, vultures, such as the World Bank, IMF and eventually the globalized Wall Street banking clan. In fact, it looks like these institutions were instrumental in manipulating parliamentary maneuvers, with arm-twisting of the ruling Ethiopian People’s Revolutionary Democratic Front (EPRDF) to make Mr. Abyi the new Prime Minister, succeeding Mr. Hailemariam Desalegn, who rather suddenly was forced to resign in February 2018, amidst endless foreign induced protests and violent street demonstrations. With EPRDF Ethiopia is a de facto one-party state. EPRDF is a coalition of different regional representations.

Read also Ethiopia – Breaking the Dam for Western Debt Slavery

Proud Ethiopia has never been colonized by western powers, per se, except for a brief Italian military occupation (1935 – 1939) by Mussolini. And now, in the space of a few months, since Mr. Abiy’s ascent to power, the country is being enslaved by the new western colonial instruments, the so-called international development institutions, the World Bank, IMF – and others will follow.

Mr. Abiy is an Oromo leader; Oromia being a disputed area between Ethiopia and Somalia. The latter is effectively controlling the Horn of Africa, overseeing the Gulf of Aden (Yemen) and the entire Iran-controlled Persian Gulf area. Control over the Horn of Africa is on Washington’s strategic wish list and may have become an attainable target, with the Oromo leader and new PM, Abiy Ahmed.

Think about it. Yemen, another ultra-strategic location, being bombed to ashes by the Saudis on behalf of the western powers, primarily the US and the UK, being subdued for domination by the west wanting to control the Gulf area, foremost Iran and her riches. On the other hand, Ethiopia, a prime location as an assault basis for drones, war planes and ships.

Curiously, Prime Minister Meles Zenawi, a former rebel leader, elected in 1991 and in power for 21 years, died suddenly at age 57 in August 2012, while actually recovering from an undisclosed illness in a hospital abroad, allegedly from an infection – according to official Ethiopian state television. He was succeeded by Mr. Hailemariam, who last February had to resign.

In the same vein of strange events – events to reflect on – PM Zenawi, about 18 months before he died, signed on 31 March 2011 a no-bid contract for US$ 4.8 billion with ‘Salini Costruttori’, alias Salini Impregilo. The Italian company, well established in Ethiopia since 1957, is responsible for the construction of the controversial “Grand Ethiopian Renaissance Dam”, formerly the Millennium Dam on the Nile. When finished, it will be African’s largest artificial water reservoir with a capacity of 74 billion m3.

Under construction since 2011, this gravity dam on the Blue Nile River in Ethiopia’s Benishangul-Gumuz Region, about 15 km from the Sudanese border, is expected to produce 6.45 gigawatts which will make it the largest hydroelectric power plant in Africa and the 7th largest in the world. The works are about two thirds completed, and the dam will take from 5 to 15 years to fill up.

The project was fiercely contested by Egypt which claimed that the dam would reduce the agreed amount of Nile water flowing into Egypt. However, Prime Minister Zenawi argued that the dam would not reduce the downstream flow, and – in addition to generating hydropower and making Ethiopia Africa’s largest electricity exporter, would help regulate irrigation, thus, helping to avert Ethiopia’s notorious droughts and famines that kill regularly tens of thousands of people. Indications are that this dam project could become an economic “power house” for Ethiopia, a country otherwise known as impoverished and destitute.

This water flow conflict between Ethiopia and Egypt was discussed in numerous meetings and conferences of the World Bank sponsored Nile Basin Initiative (NBI), encompassing ten riparian countries (Burundi, D.R. Congo, Egypt, Eritrea, Ethiopia, Kenya, Rwanda, Sudan, Tanzania, Uganda); and about 350 – 400 million people. It is not clear whether the dispute was ever satisfactorily settled.

Mr. Zenawi’s successor, PM Hailemariam Desalegn, continued with the project unchallenged and unchanged until his sudden resignation earlier this year. At the end of August 2018, in a surprise move, the new PM, Abiy Ahmed, ousted the dam project’s subcontractor, METEC, under the pretext of numerous work delays. METEC is a state enterprise run by the Ethiopian military. According to several insider accounts, there were never any complaints about project delays caused by METEC. The new sub-contract was to be awarded to a foreign private company.

Simultaneously, in another alarming occurrence, on 26 August 2018, Mr. Simegnew Bekele, the chief engineer and project manager of the controversial dam, was found murdered, shot to death, in his Landcruiser in an Addis Ababa parking lot.

The series of events, starting from the signing of the dam project in 2011, to the sudden death of then PM Zenawi a year later, the resignation of his successor, Mr. Hailemariam, earlier this year, the hasty appointment of the neoliberal PM Abiy Ahmed in February 2018, the assassination of the dam’s project manager in August 2018 – all this looks like well-orchestrated, with a few hiccups in between that were rapidly ironed out – to pave the way for a neoliberal, corporate and maybe foreign military take-over of this once proudly independent country, an African nation with a potentially prosperous future.

This leads to the other side of the same coin, the west is interested in.

With a population of about 104 million (2018 est.), Ethiopia is the second most populous country in Sub-Saharan Africa and one of the most densely populated ones, with an annual population growth rate of about 2.5%. Ethiopia is known for endemic poverty and her periodic droughts. Ethiopia is also the world’s second fastest growing non-oil economy (after Bhutan), having increased her GDP more than ten-fold since 2000, from US$ 8 billion to US$ 80.6 billion in 2017, however, with a nominal GDP of only US$850, or US$2,100 PPP (Purchasing Power Parity).

Agriculture contributes about 36% to GDP, indicating a considerable growth potential with regulated irrigation expected to emanate from the Renaissance Dam project. Economic expansion amounted to more than 10% in 2017 and is projected at close to 9% per year through 2019.

This economic profile, plus the potential increase in output from the Grand Renaissance Dam, offer more than fertile grounds for corporate exploitation through debt enslavement and privatization of public, civil and social services. This has already started. Ethiopia’s current debt is a modest 33.5% of GDP but is predicted to grow to at least 70% by 2022. Why?

In November 2017 the World Bank has committed US$ 4.7 billion over the coming 5 years, roughly a billion per year  which may be called blank checks. These funds are destined for structural adjustment type activities, for loosely defined and little controlled budget support measures, much of which, as worldwide experience shows, is likely to ‘disappear’ unproductively, leaving behind public debt, and what’s much worse, a plethora of austerity conditions, from cutting public employment, to privatization of water, electricity and other public services, as well as ‘land-grabbing’ type agricultural concessions to foreign agricultural enterprises.

The latter will be especially attractive, thanks to the new regulated irrigation potential, making Ethiopia’s desert fertile – but leaving hardly any additional food at affordable prices for the impoverished population in the country. Frequently such land concessions come with long-term GMO contracts attached. Bayer-Monsanto may already be a player in Ethiopia’s future agricultural sector. If so, the country may not only be enslaved by debt, but also by endless, oppressive, land-destructive GMO contracts that bear high risks for human health.

Such a WB commitment will usually be followed by an IMF intervention, both of which will serve as leverage for further debt from private banking and corporate investors. The modest 2017 debt ratio of about one third to GDP may explode and skyrocket in the near future, making Ethiopia the Greece of Africa, shamelessly exploited and “milked” to the bones by western corporate and financial interests.

Fortunately, there are other economic interests alive in Africa and especially in Ethiopia. There is, for example, China, for whom Ethiopia is a key partner and a linchpin for President Xi’s Belt and Road Initiative (BRI), a massive China-initiated infrastructure development plan, spanning the globe from east to west, via different routes, one of them via Africa. Although China has become cautious over the past years with direct investments in Ethiopia, mainly due to the lasting unrest, said to be over ‘territorial issues’, Ethiopia remains an important partner, because of its strategic location next to the tiny port of Djibouti, where China has a naval base. Ethiopia is also attractive for manufacturing with low-cost labor and because of her transport links to other African countries and a potentially large consumer market.

Chinese, Russian and other eastern investments are usually based on mutual benefits, in contrast to the western one-sided exploitation method. Hopefully, Chinese, Russian and other eastern investments may continue as a strong counter-balance to the west, and help bringing a more equitable development model not only to Ethiopia, but to the African Continent in general. In fact, recent statements by the leaders of South Africa, Ghana and Rwanda have praised Chinese investments over the western abusive ‘carrot and stick approach’. With the help of China, Russia and other eastern investors, Ethiopia might prevent western vultures from devouring the poverty struck nation and from falling into the trap of neoliberal, everything-goes “free market ideology” to the detriment of the Ethiopian population.

•  First published in New Eastern Outlook (NEO)

Sweden: Massive Up-scaling of False-flagging to Nationwide High Crimes

The current Swedish Government, led by the Social Democrats, is governed by a coalition with the Green Party since 2014. Incumbent PM, Stefan Löfven, intends to continue his government and hopes to win on general election day, next Sunday, 9 September 2018. However, for years – ever since what they call the onslaught of undesirable immigrants; i.e., the “lesser people” from the Middle East and thereabouts – the extreme right, anti-immigration, eurosceptics ‘Sweden Democrats’ are on course to become the second-largest single party in the next parliament. On Facebook the party’s leader, Jimmie Åkesson, warned that “Sweden is on fire again”. He may have referred to the hundreds of cars set a blast this year in major Swedish cities, and then again likely refers to the same phenomenon at a lesser scale that has beleaguered Sweden already in previous years.

They, the Swedish Democrats, are building up their momentum to take over and becoming the kingmakers this coming election. It looks like they have engaged hooligan-Nazi-type xenophobes like those that fight the mainstream in Germany’s streets, and the AFD (the Alternative for Germany) sponsored masses to stage false flag terror attacks, mostly setting cars on fire. The cities principally affected are Stockholm, Malmö and Gothenburg. This year, the year of elections, the terror peaked with hundreds of car burnings and even a drive-by shooting in which at least three people lost their lives. When people feel in danger, are fearful because they seem helpless against an unknown enemy – the terror – they turn to the right for protection. It’s them, the right, that promises fierce police and military protection and, indeed, they carry out their promise.

Just a look at France. After a number of false flag attacks in which hundreds of people lost their lives Macron was able to put the “State of Emergency” – akin to Martial Law – into the French Constitution. France today looks like a police and military state, in larger cities you find armed police and machine-gun touting military at every street corner. The sight has become the new normal. Are the French safer for it? Nope. Because the danger comes from within, not from outside. The danger comes from the very protectors which are complicit with those ‘hidden’ forces that want to maintain a police state that oppresses the public, so that this small all-controlling elite, can do what they want.

Strange enough, a year before the last elections in Sweden, in 2013, there was a similar eruption of car burnings in Stockholm, at a more modest scale, but all the same. Someone must have felt this kind of terror, rather new for Europe, and that could easily be ‘pushed off’ to unhappy immigrants – of which surely there are plenty – might ignite the anti-immigrant discourse. This time it seems to work. The Social Democrats are way down in the opinion polls and the Swedish Democrats way up, poised to become the key player in the next government.

France is in the middle of Europe, ready to break down any potential peoples’ uprising. Is Sweden going the Nordic way of France? – The risk is there, if the extreme right wins. Are the Swedes conscious of this risk?  I doubt it. The corporate war propaganda tells them differently. And looking beyond one’s borders to learn is hardly a nation’s forte. It’s learning the hard way and discovering when it’s too late.

*****

Back to Sweden, in concrete, none of the two leading coalitions are predicted to have an absolute majority. The one led by the Social Democrats (Labor Party equivalent) is forecast to make 38.6% and the Conservative Alliance almost 40%. The right-wing, anti-immigrant and euro-sceptic Sweden Democrats have increased their adherents by about 50% since the 2014 elections and may get up to 20% at the polls which may make them the Kingmakers. And that largely thanks to the street havoc, destruction and terror they organized. Not a good omen for Sweden.

Of course, there is much more at stake than just the Swedish election – a country with barely 10 million inhabitants but a huge in surface (about the size of California) and with maritime borders facing Denmark, Germany, Poland, Russia, Lithuania, Latvia and Estonia. Sweden has been and is a neutral country, unaligned to such military associations like NATO. The possibly new incoming government, the way for which was prepared for at least five years, reminds of the Ukraine coup in February 2014, also prepared for at least 5 years, according to former Assistant Secretary of State, Victoria Nuland, that turned the Kiev Government into a pure Nazi crime nest, supported by the west and by NATO. It is very possible that Sweden may become a NATO country, one more on the door steps of Moscow.

A NATO Sweden would be bordering on other NATO Russia fiends, Poland, Lithuania, Latvia and Estonia and could closely collaborate with them for possible aggression towards Russia. The northern build-up of troops could easily be channeled through a new NATO Sweden.

Are the Swedes conscious of this potentially new perspective?  The extreme-right Swedish Democrats have stolen voters from all the parties under the pretext of the immigrant curse and danger. Western paid propaganda played an important role, like everywhere when right-wing and hegemonic forces are at play.

If Sweden falls, Finland, another neutral and NATO-unaligned country, might also fall. Norway and Denmark are already part of this murderous monster-club. The northern attack route is being established.

Swedish defense minister Karin Enstrom has said her country is not in NATO partly because the EU treaty contains its own security guarantee: “Who needs NATO if you have the Lisbon Treaty?” Right. But the Lisbon Treaty is not engaging at all. It’s not a European Constitution which would be binding for all member states, and which would allow Europe to build-up her own defense strategy and defense forces, and which would allow, or even force Europe to pull on the same string and more importantly in the same direction.

All of this is not the case today. That’s why Europe is every time more integrated into NATO; NATO is absorbing the EU, one country and one military budget at the time. Karin Enstrom’s wise words – wise, inasmuch as we don’t want NATO – are wishful thinking, delusionary, unfortunately. It would need a massive awakening in Europe and a massive resistance buildup against NATO to come clear of this ever-growing threat on Russia that has the capacity to annihilate first Europe, then the world. Mr. Putin and Mr. Lavrov warn the west all the time, but are they listening?  At least for now, President Putin’s chess-playing excellence has avoided such a global catastrophe.

The United States of America, for whom war is economic survival, the arms race is profitable, peace would be Washington’s downfall – literally down into the pits – the US of A will not listen to such warnings. It is a fine line that President Putin and China’s President Xi Jinping, a firm and powerful defense and economic alliance, are walking.

Sweden is at the crossroads of going down the dangerous and destructive path of western aggression or stay neutral, remain a northern nation of integrity, ethics and peace. It is high time, and never too late, that the Swedes awaken to the danger that might await them this coming Sunday, 9 September. Swedes, you have proudly followed a socialist-leaning and social agenda for the last hundred years. Are you thoughtlessly risking abandoning this noble tradition for false pretexts indoctrinated by a massive campaign of false flags?  I trust not.

Credit Suisse Freezes $5 billion of Russian Money due to U.S. Sanctions

A few days ago, Reuter reported that Switzerland’s second largest bank, Crédit Suisse, has ‘frozen‘ about 5 billion Swiss francs of Russian money, or about the same in US-dollars, for fear of falling out of favors with Washington – and being ‘sanctioned’ in one way or another. Crédit Suisse, like her bigger sister, UBS, have been amply punished already by Washington for facilitating in the US as well as in Switzerland tax evasion for US oligarchs. They want to be good boys now with Washington.

Switzerland’s banking watchdog, FINMA, does not require Swiss banks to enforce foreign sanctions, but has said they have a responsibility to minimize legal and reputational risks. Crédit Suisse is cautious. In 2009, it reached a $500 million settlement with U.S. authorities over dealings with sanctions-hit Iran. And most every major bank remembers the 2014 settlement of France’s BNP Paribas for a record $8.9 billion fine for violating U.S. sanctions against Sudan, Cuba and Iran.

When asked, two other Swiss banks, UBS and Julius Baer, who are known to deal with Russian clients, declined a straight forward answer whether they too will resort to sanctioning their Russian customers. An UBS spokesman said evasively, they were “implementing worldwide at least the sanctions currently imposed by Switzerland, the U.N., the EU and the U.S.”

What doesn’t stop amazing me is how the western world just accepts such horrendous US fraud, or better called, outright theft of other countries resources, be it monetary or natural resources. And all that is possible only because the entire western world and all those African and lately again, Latin American countries – many of them developing countries, including some of the major oil producers – are still tied to the US dollar. All international money transactions, regardless whether they concern the United States, or simply two completely independent countries, have to transit through a US bank either in London or New York. This is what makes it possible for the US to implement financial and economic sanctions in the first place.

A few days ago, the German Foreign Minister, Heiko Maas, dared proposing that the EU detach itself from the international, totally privately run, Belgium registered SWIFT transfer system, as it is fully controlled by the US banking oligarchy, is operating in more than 200 countries and territories. He suggested that the EU create an independent transfer system, much like Russia and China have done, to free themselves from the financial slavehood to Washington. The reaction of one of his right wing German countryman and parliamentarian was swift – it was not the right time to even think of de-coupling the EU from Washington, now where Russia is in dire straits and Germany and the rest of Europe needs the US more than ever.  Can you imagine!

In this pathetic, gutless Europe, it is highly questionable whether Mr. Mass’s excellent idea will survive and actually gain support. Hardly at this stage.

Irrespective of the spineless behavior of the EU and the Swiss Government, the latter unable even to stand up to its own neutrality – let them rot in their submissiveness to empire and its EU vassals – gutlessness, which by the way they, the Swiss Government, has also demonstrated vis-à-vis Venezuela – more important, much more important is, what does this all mean for Russia?

To begin with, the Crédit Suisse ‘frozen’ 5 billion dollars, you may as well call it what it is in reality: Totally illegally “confiscated” Russian assets. It is rare, if ever, that the US government returns so called ‘frozen’ assets of any sanctioned country. And under the current scenario, Trump and his masters and the pressure of the corrupt Hillary swamp, will not let go of demonizing and ‘sanctioning’ Russia, regardless of the real impact of these sanctions, and regardless of the total lawlessness of these actions, regardless of the manufactured and lie-based reason for these sanctions, regardless of the fact that everybody with a half-brain knows about the manipulated and false pretexts for sanctions, and regardless of another fact, namely, that these actions are contributing to an ever accelerating suicide of the empire and its corrupt system that eventually will drown in its own Washington swamp. Good riddens!  The sooner the better.

And the impact of these sanctions is hardly what they pretend to be. They are foremost a call on the Atlantists – or call them Fifth Columnists, of which there are still too many embedded in the Russian financial sector – to counteract the internal measures Russia is taking to escape the dollar slavehood. They will not succeed. The vessel is turning and turning ever faster; turning from west to east.

Despite the constant demonization of the ruble, how it lost 50% of its value because of the sanctions, the Russian currency is worth way more than all the western fiat currencies together. The western dollar-dependent moneys are based on hot air, or not even – on zilch, nada, zero; they are literally produced by private banks like casino money. The ruble is doubly-backed by gold and by Russia’s well-recovered economy and so is the Chinese Yuan.

So, what does a 50% loss of the ruble mean? Loss against what? Loss against the US dollar and the currencies of Washington’s vassal allies? With a de-linked Russian economy from the western economy, the western concept of ‘devaluation’ is totally meaningless. The ruble doesn’t need to compare itself anymore to the western dollar-enslaved currencies.

So, the urgent call by the nature of things for Russia to delink from the western economy, from the western fraudulent dollar-based monetary system, is being heeded by Russia.  I cannot but repeat and repeat again that the dollar economy and the enslaving monetary system it produced is an absolute fraud. It is a crime that would be punishable by any international court that deserves the name of a court of law, that is not bought and whose judges are not threatened if they don’t fold to the dictate of Washington. But upholding the laws of ethics and moral, the laws that our more honest and humble forefathers not too long ago crafted, is a thing of the past. The corruption in everything accompanied by intimidations and coercions, have been accepted by just about everybody as the new normal. This, in itself, is not normal. It creates a pressure cooker that eventually will simply explode.

To move away from this ever-increasing stench of cultural decay, a de-dollarization is a must, is a recipe for survival. And survive, Russia will. Russia is buying massively gold, shedding US treasury bonds from its reserves, replacing them with gold and Chinese Yuan, an IMF-accepted official reserve currency. In July 2018 Russia purchased a record 26 tons of gold, leading up to gold reserves of close to a total of 2000 tons, quadrupling her gold inventory since 2008. This makes Russia the world’s fifth largest gold holder.

As Mr. Putin said already a few years ago, the sanctions are the best thing that happened to Russia since the collapse of the Soviet Union. It forced us to rehabilitate and boost our agricultural production for food self-sufficiency and to rebuild and modernize our industrial park. Today Russia has a cutting-edge industrial arsenal and is no longer dependent on “sanctioned” imports. Russia is not only food-autonomous but has become the world’s largest wheat exporter. And take this – according to Mr. Putin, Russia will supply the world with only organic food, no GMOs, no toxic fertilizers and pesticides.

Russia has clearly and unstoppably embarked on an “Economy of Resistance”: Local production for local markets with local money based on and for the development of the local economy; trading with friendly nations who share similar cultural and moral values.  It’s called regaining economic sovereignty. That’s key. That’s what most countries in the west under the yoke of the US empire and its puppets, enforced by NATO, have lost in the steadily increasing stranglehold of globalization. Russia, China, Iran, Venezuela, Syria, North Korea, Pakistan, soon Mexico, and others are breaking loose from the fangs of the Washington Consensus that brought the world almost three decades of pure misery, exploitation and monetary enslavement.

Russia is strengthening her ties with China, with whom she has already for years a ruble-yuan swap agreement between the respective central banks, indicating a strong economic and trading relation. Both are members of the SCO – Shanghai Cooperation Organization. And Russia is also an integral part and link in President Xi’s Belt and Road Initiative – BRI – a multi-trillion-yuan economic development scheme for the next at least hundred years, that will span the world with several transport routes, including shipping lines, ports and industrial expansion, as well as cultural exchange, education and research centers on the way. Members of the SCO encompass half the world’s population and account today already for about a third of the globe’s GDP and growing fast, both in members as well as economic output.

Russia as part of this block of sovereign nations doesn’t need the west anymore, doesn’t need the Crédit Suisse confiscated 5 billion dollars anymore. Freedom is priceless. Sanctions are like the fiat currency they are based on; not more than rotten smelling hot air, and dissipating fast into oblivion.

Glencore and Other Mining Corporations Make Record Profits and get Away with Murder Literally

Glencore, according to statistica.com is the world’s largest mining company by revenues. As a way of introduction, here is what statistica.com has to say about Glencore.

Glencore-Xstrata is a public limited company founded in 1974 by Marc Rich whose headquarters are based in Baar, Switzerland and also has registered office based in Saint Helier, New Jersey. Glencore-Xstrata is also a mining company whose headquarters are based in the United Kingdom. On May 2nd, 2013, the current company was established through a merger between Glencore and Xstrata. Glencore-Xstrata is the third largest family owned business in the world and was ranked number 10 on the list of Fortune Global 500 in 2015. Glencore Xstrata is the leading mining company in the world with estimated revenue earned in 2017 of $205 billion, on a rebound from 2015 (US$ 147billion) and compared to the best year so far, 2012 (US$237billion). Net earnings have skyrocketed in 2017 to US$ 5.8 billion, more than 4 times higher than in 2016 (US$ 1.4 billion).

The four next mining corporations in world ranking include BHP Billiton, Australia; British-Australian Rio Tinto; China state-owned Shenhua Energy, and Vale, Brazil. Their mining practices may not differ a lot from those of Glencore’s. However, what distinguishes Glencore is its particularly aggressive business style. Aggressive from all points of views – tax avoidance, corruption, total neglect for employees as well as communities they work in, non-responsiveness to critique.

Though it looks like Glencore’s aggressive business model is paying off. Glencore’s tax rate negotiated in Switzerland is next to zero. The Canton of Zug, where the city of Baar, seat of Glencore’s headquarters (HQ) is located, is the number one tax haven in Switzerland.  Glencore pays 0.2% taxes on its net earnings.

Glencore is exploiting developing countries to the maximum, not respecting any social and environmental laws or even humanitarian standards, brushing them aside and pushing ahead – poisoning and killing people on their way with toxic effluents from their mining practices, no regard, no attention to their fate, to their families, irrespective of whether they have been working for a Glencore mine, when they are sick they are out, no compensation; or whether they are just living in the contaminated environment, in communities on their own plots, exposed on a daily basis to water-ways and soil polluted with cancer-causing deadly heavy metals. The average life expectancy in South American mines is between 32 and 40 years for mine workers. Glencore leaves hardly any tax money or royalties in the country they exploit, on average about one cent per dollar of net earnings, as their tax residence is Switzerland.

This article looks specifically at an event which I witnessed and was able to interview victims about, at Glencore’s copper mine in Espinar, near Cusco, Peru, some 4,200 m above sea-level. Gold is a side product. Where there is copper, there is almost without fail also gold to be found and vice-versa. The mining and refining of both metals is highly toxic, leaving poisonous heavy metals, such as mercury, cyanite, cadmium, arsenic, chromium, lead and many more disease-causing toxins in water, soil, and air, poisoning fauna, flora and humans.

On April 3, 2018, a dozen or so indigenous unarmed, women – the poorest of the poor –protested with their bare hands in defense of their only water way left, a small stream. Glencore wanted to deviate it – totally illegally – for Glencore’s use. The women were attacked by police in full riot gear, beaten with batons. It is openly known that Glencore, like other mining corporations, literally buys the national or local police services for this type of abject brutality.

The police were helped by Glencore’s own security forces. All this was recorded on video and in photos. Arriving the following day on location with a group of locals, we interviewed several of the victims. See also my earlier article on the subject

As the above essay went to press, I wrote directly to Glencore’s CEO, Ivan Glasenberg, suggesting a personal meeting to discuss the event and the general circumstances that led to it. Mr. Glasenberg replied promptly through his director for Sustainable Development (sic), who proposed to meet – which we did, in a neutral place, a hotel lobby in Bern. The Glencore delegation consisted of the Sustainable Development director and her lawyer.  I was alone.

What transpired during a roughly two-hour non-confrontational, rather peaceful dialogue, I recorded in an Aide-Memoire, asking for their approval, comments or suggestions for change. The answer a few days later was a full rejection, saying none of the contents of the AM reflected our conversation. This is, of course, a flagrant lie. Under the circumstances, I decided to make the gist of our two-hour conversation public, as reflected in the Aide-Mémoire.

The conversation covered three key topics

  1. Beating of unarmed indigenous women in Alta Huata, Espinar, Cusco Province, Peru, by Police and Glencore’s Security Forces on 3 April 2018;
  2. Glencore’s contamination of water, soil, air, flora, fauna and humans by toxic chemicals used in the mining process; and
  3. Blood and urine samples – people who are sick from intoxication with mine effluents, working for the mine and/or living in the close vicinity of the mine, sought testing their blood and urine for heavy metals. They were never given the results from the tests from medical doctors, clinics and laboratories. Why?

Addressing point by point, starting with the Beating of unarmed women – the dozen or two bare-handed indigenous women were protesting in defense of their water against Glencore workers, wanting to deviate, actually steal the little stream for Glencore’s own use. They were brutally beaten by national police in government issued riot gear – imagine, in riot gear! – with the help of Glencore’s own security forces. This happened around noon on 3 April, when the women were alone, even more defenseless, while village men were working at the mine or in their small agricultural plots.

According to several accounts from the local population as well as from people in the town of Espinar, Glencore intended to reroute the small stream providing the only water source for the six or so villages higher up on the mountain. This is further corroborated by the large pile of big-sized pipes, deposited on the land next to the small stream. A nearby gigantic earth moving machine and fresh tracks traversing the small water way were also clear signs that water deviation works were planned.

In the early morning hours of 4 April, we went to Glencore’s copper mine at Alta Huata, about 4,200m above sea level, to meet with the mistreated women and to interview them. Still affected by indignation and pain, some of them under tears, showed us their badly bruised body parts. Evidence of the police assault and aggression by Glencore’s security forces is available as independent testimony in the form of short videos and photographs. An elderly woman (65) was beaten so severely, she was resting and moaning in a rickety stone shack which apparently was destroyed by Glencore’s bulldozers the week before and hastily rebuilt by the local population. The woman had pain all over her body, could not move, and got no medical attention, no pain medication – nothing – she was a ‘high risk’ case. Later, we learned, she was miraculously recovering with the care of the villagers.

The villagers told us they wanted to file a complaint with the local police which did not receive them. It is clear, if Glencore hired the police to do their dirty work, they, the police, will not receive the villagers’ complaint. It’s a revolving-door corruption at every level that is being practiced. I wonder whether Glencore’s boss, Mr. Glasenberg, is aware of it. If not, then at least this article which will be sent to him should remind him that he is complicit in serious crimes of his company by letting them happen.

During our meeting, the Glencore ‘sustainable development’ people said the workers were only doing repair work when the women appeared interfering with their job. Another flagrant lie. But how could they know? They are repeating what they are told by their people on the ground. And whenever they go to visit the area, we understand, they never set foot in the affected villages, to talk to the people or to the mayor, but only talk the inside-talk to Glencore insiders, another revolving door approach to resolving problems by being blind to them and keeping perpetuating the lies. The sustainable development people of Glencore also denied that Glencore had anything to do with the beating, that Glencore could not control the police. They dismissed the assertion, against all evidence on video, that Glencore’s security forces were also involved and, of course, that they actually called and hired the police in the first place.

Later we talked to villagers who lived in the mine-surrounding areas. With anguish, sadness and even resignation, they told us that contamination of water, soil, air, flora, fauna – and humans was evident. It appeared in the water ways and was reported in soil samples. Plants adjacent to water courses, rivers and effluents from the mine, were all contaminated by heavy metals, poisoning animals, as well as humans. Farm animals became sick and often died.

Many inhabitants of the mine-surrounding communities, so we were told, including by the former mayor, were sick with cancer and other terminal diseases which were caused by contact with, or ingestion of, contaminated water or food. To purify water efficiently from heavy metals – cyanide, mercury, lead, arsenic, cadmium and more – a complex and expensive process is required. It’s called reverse osmosis. In most cases, mining companies do not use this process. In the case of Glencore and Espinar, reverse osmosis is not in use, leaving the effluent waters highly and dangerously polluted.

We talked to several people, some working for the mine, others just living in the immediate vicinity of the mine – say, in a radius of 1 to 5 km. All said, they felt sick; their bodies hurt, they had respiratory problems and many suspected having different types of cancers, mainly lung cancer. The disease rate increased the closer they lived to the mine.

One of the peasants said that young people in his neighborhood were dying “like flies” from cancer. He added that the average life expectancy of people living near the mine was drastically reduced. He also said, that most people by now are just resigned to their fate and were tired of protesting and being frustrated, because Glencore would not respond and do nothing for them. They felt helpless.

To top it off, Glencore’s Sustainable Development people said that Glencore received certification from the municipality that the effluents from their mine were clean and not contaminated by the mine, and that it was common knowledge that the water was not potable, ridiculously ascertaining that contamination occurred naturally in these mountainous streams. This abject manipulation of the truth would be laughable if it weren’t so serious. But the people have no recourses to hire lawyers, and even if they would have the money to do so, no lawyer, no judge, no court would take on a case against Glencore. They are afraid to confront the mobsters from where the money flows – corruption at infinitum! Glencore’s sustainable development representatives rejected all responsibilities for the contamination and said they had no knowledge about the disease rates reported by the local population. They were never informed.

Well, if they didn’t know, they must know now. And Mr. Glasenberg would do well sending an HONEST delegation to Espinar to verify with neutral experts on location the veracity of this account and of the account of the victims. Question is, of course, will there be uncorrupt neutral experts daring to tell Glencore the truth?  And even if that were the case, what would Glasenberg do about it? Glasenberg is the key person. It’s a family business, one of the world’s largest, so if he wants to change the way Glencore does business, he can do it.

Who manages Glencore’s mines on the ground?  Mainly locals, we were told. In Espinar, Peru, it’s a Peruvian. This has two purposes. First, a Peruvian is familiar with the local ‘habits’ of how the ‘turntable’ turns, how to buy favors and how to threaten potential adversaries; and, second, if something goes wrong – like in the present case of brutally beating of inoffensive women, deadly contamination and people dying from cancers caused by intoxication from mine effluents – they, at Swiss HQs can say, we didn’t know; nobody told us. The we didn’t know effect seems to be effective, so effective, in fact, that the entire conversation of two hours was annihilated by the sustainable Glencore people. Even though the conversation took place as recorded, the sustainable people deny its contents.

We also talked with people who lived in the vicinity of the mine, who are feeling ill for years and worsening, mostly the lungs, but also their respiratory and nervous system, yet mine management not only ignores them, but also prevents them, directly or indirectly, from getting their blood and urine samples tested, paid for by the victims themselves. We were told that many of the people living in the communities near the mine, including the people who spoke with us, consulted doctors, clinics, hospitals, laboratories on their own, to get their blood and urine tested for heavy metals. They never received the test results back from these medical establishments.

The truth is beyond suspicion. These medical facilities, are either bought by Glencore, or they fear Glencore to a point that they prefer not to hand out negative health results, of which they know from where they emanate.  The people also said that they get absolutely no medical support from Glencore. They pay their medical expenses from their own pockets and yet, they are refused to see the test results.

Diseases stemming from heavy metals have often long gestation periods; i.e., cyanide and mercury do not necessarily lead to immediate symptoms, rather the impact may be slow, because heavy metals accumulate in the body and are not evacuated as other toxins may be. They affect over time the nervous system, respiratory tracts, the heart and often cause cancer and lead to early death. It is well known that mine workers in general in developing countries have a drastically reduced life expectancy; i.e., in some parts of Peru and Bolivia an average of around 35 years.

The director of the Sustainable Development Department appeared to be shocked. She was unaware, she said, and in an outburst of good will, she offered that any of the people who were sick and concerned may call her directly. Of course, none of this was even acknowledged once they received the Aide-Mémoire.

The moral of this story is multi-fold. There is Glencore, the largest mining corporation in the world, largely a family business, with Ivan Glasenberg, main shareholder, at the helm. He could personally intervene, stop the abuse and high crime, bringing about ‘as clean mining’ as there is, respecting environmental and social ethical rules, regardless of whether the country, where they operate, in this case Peru, is corrupt and can be bought. Glasenberg, the CEO, could become a shining example for ethics in mining which would bode well for the company as well as for the host country, Peru, and not least for their country of residence, Switzerland. The cost of implementing ethical environmental and social standards would hardly make a dent in Glencore’s net earnings, but the gains in positive reputation and improved image are priceless.

On the other hand, you have Switzerland that offers this UK-Swiss mining corporation their tax haven as residency. Yet, the Swiss Government does absolutely zilch, nothing, nada to impose and enforce certain standards of ethics to Glencore and other corporate sinners enjoying the Swiss tax paradise. Talking with people from a so-called Ethics Department (sic) in the Swiss Ministry of Foreign Affairs, the hush answer was, if we are too strict with them, they will leave Switzerland – and as an after-thought, besides, they [these corporations] have their own standards of due diligence and we trust that they adhere to them. If they don’t, then it’s up to their host country; i.e., in this case Peru, to enforce their laws.

Here you have it. The Swiss Government, the paradise for banking and finance and corporate ‘well-being’, the epicenter of neoliberal economics, where privatization reigns, is knowingly and intimately complicit in the crimes committed by these corporations. No wonder the lawmakers, the Swiss parliamentarians, are entitled to sit in as many corporate boards of directors they please – against all rules of ethics and ‘conflict-of-interest’ guidelines of OECD, of which Switzerland is a member. This built-in lobby of parliamentarians is making the laws in their favor, operating on a ‘legal basis’, not unlike a white-collar mafia.

Trump’s Threat of New Tariffs on Chinese Imports and Possible Consequences

Introduction

The US Chamber of Commerce warns against the consequences of new tariffs on Chinese imports proposed by the administration of President Donald Trump.

The top business lobbying group said the tariffs dramatically expand the harm to American consumers, workers, businesses, and the US economy. It said the Trump administration lacks a coherent strategy to address QUOTE China’s theft of intellectual property and other harmful trade practices. The chamber also demanded that Washington hold serious discussions with Beijing. Trump has threatened 25 percent tariffs on 200 billion dollars of Chinese imports. He says this is in response to China’s retaliatory tariffs on 50 billion dollars-worth of US products.

PressTV: What is your take on this?

Peter Koeing: The key word is “threatened”. Trump has threatened an additional 25% import tariffs on 200 billion worth of Chinese imports to retaliate for China’s retaliation, so to speak. Chinese retaliation was to be expected and is fully justified. It is clear that China will not reverse their import tariffs for US goods. Why would they?

China is poised to negotiate a one-to-one even level, but not on the basis of the US dictating the rules. Trump and his “masters” must realize that.

Then the additional reason of “China’s theft of intellectual property…” is today more a joke than reality. In many areas of technology development – especially certain precision electronics and foremost alternative energy – China is worlds ahead of the United States. But nobody talks about it. China will soon be number one in alternative energy production, which China will be exporting to the world, to the detriment of the US-led petrol industry.

Maybe that’s what Trump is focusing on — attempting to detract from what is really threatening a big junk of the US economy, the notorious dependence on hydrocarbon energy, the number one polluter an environmental destructor today.

And there is another factor, perhaps the number ONE target of Trump’s ever-increasing tariffs for Chinese exports, or rather US imports of Chinese goods:

That’s the Chinese currency, the Yuan.

It is known since long to many treasuries of countries around the world, that the Chinese Yuan is a much safer investment or reserve currency than the US dollar which is based on hot air, or not even, while the Yuan is based on a solid Chinese economy and on gold.

Not only has the Yuan been admitted officially in the IMF’s basket of SDRs – Special Drawing Rights, which consists of the five key reserve currencies – US Dollar, UK pound, Japanese Yen, Euro – and now also the Chinese Yuan.

The yuan is not only for most countries around the globe a very interesting investment currency, not a bullying currency as is the US dollar, always with severe strings attached, but the yuan is also growing rapidly as a reserve currency replacing the dollar.

Levying tariffs to hurt China’s exports and economy and the Yuan’s strength, may be the key reason behind this deconstructive tariff game Trump is playing.

However, China has a strong market dominance in Asia and tariffs will do limited harm; besides, China has many other means to further retaliate, for example, devaluating the Yuan vis-à-vis the US dollar.

So, keep tuned. There will probably be more to come.