The term legal imperialism was coined in relation to the Argentina’s public debt. A New York court admitted a number of private claims to hand down a verdict. By a stroke of hand a judge increased the country’s debt up to $120 billion, according to experts’ estimates. The essence of legal imperialism is the support rendered by Anglo-Saxon legal system to financial vultures.Read more . . .
The fate of Ukraine is now shifting from the military battlefield back to the arena that counts most: that of international finance. Kiev is broke, having depleted its foreign reserves on waging war that has destroyed its industrial export and coal mining capacity in the Donbass (especially vis-à-vis Russia, which normally has bought 38 percent of Ukraine’s exports). Deeply in debt (with €3 billion falling due on December 20 to Russia), Ukraine faces insolvency if the IMF and Europe do not release new loans next month to pay for new imports as well as Russian and foreign bondholders.Read more . . .
As unusual as it may seem, the appointment of Natalie Jaresko, a US-born and educated businesswoman, is consistent with what looks more like a takeover of the Ukrainian economy by Western interests. In two reports – “The Corporate Takeover of Ukrainian Agriculture” and “Walking on the West Side: The World Bank and the IMF in the Ukraine Conflict” – the Oakland Institute has documented this takeover, particularly in the agricultural sector.Read more . . .
The ‘Russian Threat’, the ideology driving the US and German offensive throughout Europe and the Caucuses, is a replay of the same doctrine which Hitler used to secure support from domestic industrial bankers, conservatives and right wing overseas collaborators among extremists in Ukraine, Hungary, Rumania and Bulgaria.Read more . . .
ISIS constitutes NATO’s mercenary expeditionary force, ravaging its enemies by proxy from Libya in North Africa to Lebanon and Syria in the Levant, to Iraq and even to the borders of Iran. Its seemingly inexhaustible supply of weapons, cash, and fighters can only be explained by multinational state sponsorship and safe havens provided by NATO ISIS’ enemies – primarily Syria, Hezbollah, Iran, and Iraq – cannot strike. DW’s report specifically notes how ISIS terrorists regularly flee certain demise in Syria by seeking safe haven in Turkey.Read more . . .
Although appropriating Libya’s financial and material wealth were objectives of the NATO war in 2011, the broader objectives of the criminal war were part of the struggle to control the African continent and its vast wealth. The “Scramble for Africa” was repeating itself. Just like the first time, recession and economic rivalries were tied to this new round of colonial conquest in the African continent.Read more . . .
On a leaked tape, Turkish Foreign Minister Ahmet Davutoğlu is heard to say that Prime Minister Recep Tayyip Erdogan sees any attack as an “opportunity” to increase Turkish presence in Syria, where it has staunchly supported the anti-Assad rebelsRead more . . .
In place of the need to deepen democratic openness and accountability in EU the Council has entrenched a system of secrecy based on its discretion to decide whether and when to make documents public. The result is that the European legislature – the Council of the European Union and the European Parliament – meet in secret trilogues to decide over 80% of new laws going through the EURead more . . .
Governmental spending on products and services for homeland security should reach $141.6bn worldwide in 2009… The high priority given to homeland security has made that market one of the few recession-resistant sectors of the defence industry, some experts believe.Read more . . .
A bad year for global governance (or a textbook case of euphemisms) Financial Times, December 29, 2010 The world did not rise above short-term crisis policies All in all, 2010 was not a good year for the global governance industry. … Read more . . .
Moscow and Beijing: Cowardice or Duplicity Towards Iranian, Syrian Allies? By Finian Cunninghamhttp://www.globalresearch.ca/index.php?context=va&aid=31720 Global Research, July 2, 2012 While the duplicity of American-led NATO powers towards Iran and Syria is glaringly obvious, the more disquieting question is what are Russia … Read more . . .
The OECD has lost 4 million Palestinians The OECD’s recent report on the statistics of Israel shows that the Israeli government succeeded in manipulating the organization into accepting Israel’s perspective – according to which Palestinians simply do not exist. By Shir … Read more . . .
DSK moots reserves role for SDR IMF’s Strauss-Kahn says ‘stockpiling’ special drawing right would create a more stable global monetary order Author: Central Banking Newsdesk Source: Central Banking | 11 Feb 2011 http://www.centralbanking.com/central-banking/news/2025799/dsk-moots-reserves-role-sdr Dominique Strauss-Kahn, the managing director … Read more . . .
Libya’s Self-Sufficiency — Risk To Central Banks April 15th, 2011 (snippet) From Information Clearinghouse ……..According to a Russian article titled “Bombing of Libya – Punishment for Ghaddafi for His Attempt to Refuse US Dollar”, Gaddafi made a similarly bold … Read more . . .
“ALL NECESSARY MEANS” United Nations vs. Libyan Arab Jamahiriya: Humanitarian Intervention or Colonial War? “ALL NECESSARY MEANS” United Nations vs. Libyan Arab Jamahiriya: Humanitarian Intervention or Colonial War? Vienna, 28 March 2011 P/RE/22682c-is On Saturday, 26 March 2011, the President … Read more . . .
IMF TO INTRODUCE THE ‘BANCOR’ – THE NEW ONE WORLD CURRENCY Posted by Israel Ndukwe on September 2, 2010 at 7:24am in Revelations If the International Monetary Fund gets its way, the U.S. dollar will be replaced by the “bancor” … Read more . . .
Exclusion and Exploitation: the IMF in Global Governance Written by Pia Bradshaw, May 18, 2009 http://www.e-ir.info/?p=1313 Discuss how western capitalist institutions like the IMF have brought increasing exclusion and exploitation for the poorer regions of the world and suggest alternative … Read more . . .
IMF Director: Global Governance (NWO) Is A Reality. We’re Entering the Second Phase by Peter Santilli, November 19, 2010 Source Federal Reserve Chairman Ben Bernanke sits idly beside IMF Managing Director Dominique Strauss-Kahn as he proclaims the beginning of global … Read more . . .
G-20 and IMF Officials Institutionalize Economic Global Governance by Jim Kelly Wednesday, April 28, 2010(Global Governance Watch) In particular, we are floating the idea of a new multilateral surveillance procedure. . . . I believe the world is ready for a shift … Read more . . .
Global Governance: New Players, New Rules Why the 20th-century model needs a makeover by James M. Boughton and Colin I. Bradford, Jr. IMF PUBLICATION (2007) … Read more . . .