Before looking at Ukraine’s government warrants, which gives the game away to anyone with even a rudimentary financial or mathematical background, let’s just quickly survey Kiev’s empty coffers. Zelensky’s Ukrainian money laundering scam might well outrank the Dutch tulip mania scam, the Florida Swampland scam and the South Sea Bubble as the greatest scam in…
“And thus it renders more and more evident the great central fact that the cause of the miserable condition of the working class is to be sought, not in these minor grievances, but in the capitalistic system itself.” Friedrich Engels, The Condition of the Working Class in England (1845) (preface to the English Edition, p.36)…
On the relationship between President Zelensky, Oligarch Ihor Kolomoisky and Washington DC In February 2021, by order of President Volodymyr Zelensky, Ukraine shut down three domestic television channels, accusing them of spreading Russian “propaganda.” Three months later, Zelenksky arrested Viktor Medvedchuk, who was at the time leading the second-biggest party in Ukraine’s national parliament, the…
The island nation of Sri Lanka, located south-southeast of India in the Indian Ocean has suffered economic and now political chaos that has grabbed international headlines. The Western media has floated narratives ranging from “debt trap diplomacy” perpetrated by China and its Belt and Road Initiative to food shortages spurred by Russia’s “blockade” of the…
The IMF has its own strategy for such cases called “fragile and conflict-affected states”. It was issued in March 2022 and will be implemented until 2025. The summary states that “Supporting fragile and conflict-affected states (FCS) is an important priority for the international policy agenda. FCS are home to nearly 1 billion people facing a variety of…
Pakistan must decide between the US-controlled IMF and China with respect to which of those two can most realistically help it avert bankruptcy and accordingly become its top economic-financial partner across what’s thus far been the most chaotic decade since World War II. Pakistan’s reputable Express Tribune cited “highly placed sources” on Thursday when reporting…
