Central Banks are complicit in the manipulation of financial markets including stock markets, commodities, gold and currency markets, not to mention the oil and energy markets which have been the object of a carefully engineered “pump and dump” speculative onslaught.
The progressive cycle emerged from popular rebellions that altered power relations in South America. There were social improvements and democratic conquests, and imperialist aggression was curbed. But export-oriented extractivism increased and trade became more balkanized.
Over the past three years Latin American leftist leaders, who presided over heterodox ‘free trade’ and commodity based welfare economies, lost presidential, legislative and municipal elections and referendums or faced impeachment.
The Shanghai Cooperation Organization (SCO), including new members India and Pakistan, the Eurasian Economic Union – EEU (an alliance of six Eurasian nations – Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan) are about to sign a Trade and Cooperation Agreement.…
Europe is continuing to get bogged down in a political swamp. Contradictions between the national interests of the EU member states and the political course of a supranational bureaucracy have turned into a phase of sharp struggle.
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