What are the real reasons behind the New Cold War?
The announcement on April 15 by President Biden that this administration was expelling 10 Kremlin diplomats and imposing new sanctions for alleged Russian interference in the 2020 U.S. elections–to which Russia replied with a tit for tat–came just days after the Pentagon conducted military drills in the South China Sea. These actions were but the latest escalation of aggressive posturing as Washington ramps up its “New Cold War” against Russia and China, pushing the world dangerously towards international political and military conflagration.
Most observers attribute this US-instigated war to rivalry and competition over hegemony and international economic control. These factors are important, but there is a bigger picture that has been largely overlooked of what is driving this process: the crisis of global capitalism.
Latin America and the Caribbean are facing a serious debt crisis
In the previous three parts we have observed the evolution of the DCs’ external debt over the last twenty years. The first part shows a dramatic increase of indebtedness, which multiplied by 2.5 with a steep acceleration from 2008 onward. The second part highlights the main threats on the DCs’ external debt, among which the growing significance of bonds, the evolution of interest rates and the depreciation of their currencies against the U.S. dollar. The third part examines the various factors that lure DCs into the debt trap: dependence on commodities, drop in foreign exchange reserves, inflating repayments, conjuncture of a multi-dimensional crisis aggravated by the COVID-19 pandemic, etc.
We deepen our analysis by focusing on various regions, starting with Latin America and the Caribbean.
The U.S. Water and Wastewater Crisis – How Many Wake-up Calls Are Enough?
In February, much of Texas plunged into darkness when the state’s electricity grid failed due to extreme cold weather conditions. What started as a foreseeable blackout quickly became a life-threatening calamity. The frigid temperatures cracked pipes and froze wells. To escape the frigid cold, have drinking water, and flush toilets, Texans were forced to boil snow and icicles. The extreme weather conditions and lack of basic amenities resulted in several fatal cases of hypothermia, frostbite, and carbon monoxide poisoning.
More than 14 million people in Texas were affected, and lost access to clean water at the height of the crisis. At the beginning of March, there were still nearly 390,000 people who did not have water safe enough to drink in their homes
Millions Spend Easter Weekend Under COVID-19 Lockdowns
India’s health ministry said Sunday that it recorded 93,249 new COVID cases in the previous 24-hour period, the highest daily tally this year in the South Asian nation.
Only two other nations have more coronavirus infections than India’s 12.4 million cases, according to Johns Hopkins Coronavirus Resource Center. The U.S has 30.6 million cases, while Brazil has 12.9 million. Millions of people worldwide are under new lockdown restrictions this Easter weekend thanks to coronavirus infections that have surged despite the continued rollout of vaccination campaigns.
Historical Dictionary of the Dirty Wars (Historical Dictionaries of War, Revolution, and Civil Unrest)
Historical Dictionary of the “Dirty Wars” covers the most recent period of military dictatorship in Argentina (1976-1983), Chile (1973-1990), and Uruguay (1973-1985), when national-security regimes waged war against suspected subversives. The chief targets were leftists, especially armed guerrillas and their supporters, though “subversive” came to include anyone perceived to be a threat to the status quo.
Unspeakable Truths: Confronting State Terror and Atrocity
This book is a profound exploration of truth commissions around the world, and the anguish, injustice, and the legacy of hate they are meant to absolve. Hayner examines twenty major truth commissions established around the world paying special attention to South Africa, El Salvador, Argentina, Chile, and Guatemala.