The truth is at once less and more squalid than the Assange poop story. Ecuador, once among the Latin American “pink tide” nations, since Moreno came into power has been making fast strides towards neoliberalizing its economy. That means cozying up to the U.S.
Moreno’s willingness to quickly enact the various other requirements of the IMF loan begs the question of how quickly he will seek to enact the alleged U.S. government demands that have also been linked to the loan, namely Assange’s asylum and Ecuadorian citizenship.
WASHINGTON -- Chelsea Manning’s fight against her subpoena in the U.S. Department of Justice’s grand-jury case targeting WikiLeaks founder and former publisher Julian Assange this past week has revealed several uncomfortable truths, not only about that
The news out of Venezuela today is deeply rooted in U.S. foreign policy towards Central and South America since the end of World War II.
CARACAS, VENEZUELA -- The United States’ various forms of intervention in Venezuela have generally been dressed up and sold to the American public in pro-democracy and humanitarian costumes. The high-minded rhetoric notwithstanding, here are the top five real reasons the U.S. wants regime change in Venezuela. 1) Venezuela is a
This “U.S. coup manual,” recently highlighted by WikiLeaks, serves as a reminder that the so-called “independence” of such financial institutions as The World Bank and IMF is an illusion and that they are among the many “financial weapons” regularly used by the U.S. government to bend countries to its will.
WASHINGTON – In a leaked military manual on “unconventional warfare” recently highlighted by WikiLeaks, the U.S. Army states that major global financial institutions -- such as the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) -- are used as unconventional, financial “weapons in
Far from “bailing out” Greece, the impacts of eight years of harsh austerity are manifested in a marked increase in poverty, suffering, and want. And far from “ending,” the austerity measures attached to Greece’s three successive “bailouts” are slated to continue for decades to come.
ATHENS – It is a tale of two realities. Later this week, Greek Prime Minister Alexis Tsipras will give his annual speech to the nation – Greece’s equivalent of the State of the Union address -- at the 83rd Thessaloniki Trade Fair. Fresh off of a recent reshuffle of his cabinet, the main theme of Tsipras’ speech almost certainly will be Greece’s
The warmth displayed by authorities over the past month to visiting U.S. Vice President Mike Pence and the IMF, respectively, further proves that Ecuador is melting back into the arms of international financial interests.
QUITO, ECUADOR – Ecuador’s passionate re-embrace of the International Monetary Fund (IMF) offers one of the clearest and most dramatic signs that the country’s leadership is dead-set on shedding any vestiges of the “post-neoliberal” era it was said to have entered a decade ago during former President Rafael Correa’s Citizens’ Revolution. The
About $15 billion from the credit line would be immediately available to Argentina after the package is approved by the IMF’s board, which is expected on June 20. The rest would be dispersed as needed as Argentina meets its targets.
Just a few weeks after Argentina became ground zero for the coming Emerging Market crisis, when its currency suddenly collapsed at the end of April amid soaring inflation, exploding capital outflows and a central bank that was far behind the curve (as in "13% of rate hikes in a week" behind)... ... the IMF has officially
