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The Emerging New World Economy

The emerging new always both frightens and inspires the fading old. History is that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such …

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The Rise of the South: Can BRICS Weaken the Dominance of the IMF and World Bank?

Who would have expected that the BRICS nations could rise as the potential rival of the G7 countries, the World Bank and the IMF combined? But that once seemingly distant possibility now has real prospects which could change the political equilibrium of world politics. BRICS is an acronym for Brazil, …

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Why the Republi-Fascists Can’t Stop Calling the Capitalist Democrats “Marxists”

The Capitalist Democrats… The Democratic Party is a militantly capitalist entity and always has been – and not just in the neoliberal era. The much beloved New Deal Democratic president Franklin Roosevelt, himself a wealthy member of the capitalist establishment, boasted that he had saved the US American profits system …

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US imposes sanctions on Hezbollah-linked money laundering network

The new sanctions target individuals and companies across nine countries, including Lebanon, the United Arab Emirates and South Africa, tied to a Belgian-Lebanese art and diamond dealer. The Biden administration announced sanctions Tuesday on what it described as an international money laundering and sanctions evasion network backing an art dealer …

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Saudi foreign minister arrives in Syria, meets Assad

The visit is Prince Faisal bin Farhan’s first since the start of the civil war and follows the Syrian foreign minister’s trip to Saudi Arabia last week. Saudi Foreign Minister Prince Faisal bin Farhan landed in Syria on Tuesday, the first such visit since the start of the civil war …

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US convoy attacked as rival forces clash in Sudan

Following an attack on the EU ambassador in Khartoum and a US diplomatic convoy, the United States called on the parties to the current conflict to secure the safety of diplomatic personnel. Fear for the safety of diplomatic personnel in Sudan’s capital Khartoum grew after a US diplomatic convoy came …

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Syria FM visits Tunisia in latest Arab embrace of Assad

Mekdad’s three-day visit to Tunis marks the first by a Syrian official since the North African country cut ties with the Syrian regime in February 2012 over its brutal crackdown against peaceful protests. Syria’s Foreign Minister Faisal Mikdad headed to Tunisia on Monday for a three-day visit in the latest …

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Iran flaunts military hardware on Army Day as it threatens Israel

At a moment of escalating war of words, Iran’s president said Israel will face destruction should it strike his country, which the Jewish state has long considered as an existential threat. Iranian President Ebrahim Raisi threatened Israel with annihilation in an address marking the Islamic Republic’s Army Day in Tehran …

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Saudi-Israeli normalization drifts further away as Riyadh courts Iran

The planned visit by a Hamas delegation to Riyadh reflects Saudi Arabia’s new diplomatic priorities, which do not include normalization with Israel. Meeting in Jerusalem with US Sen. Lindsey Graham on Monday, Prime Minister Benjamin Netanyahu said that Israel wants normalization and peace with Saudi Arabia. “We view [normalization] as …

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