In 2022, the US kicked Russia out of the SWIFT system, causing significant losses for Russian businesses and ordinary citizens. Even Switzerland’s traditionally neutral banks joined this looting. The monopoly over the financial system and global currency once gave the U.S. and EU such capability, but at the 2024 BRICS summit, Western countries permanently lost this advantage.
Alcoa is now the third largest aluminum producer in the world. Back in 1941, it was much more powerful. It had a monopoly on aluminum in addition to owning a massive amount of America’s electricity production and other minerals. Before America declared war on Germany, it sent so much of its aluminum product over to Germany that the country made upwards of sixty percent more aluminum products than America. When the US’s involvement in the war began, there was a massive aluminum production shortage in America, in no small part because of Alcoa’s monopoly. Alcoa essentially sold the Axis powers much of the material to build their war machines and a reprieve from the American war machine.
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2. General Motors
Similar to their automotive rivals, General Motors was sued by Holocaust survivors for assisting the Nazi war machine. Beginning in 1935, GM built a factory in Berlin for the purpose of building “Blitz” trucks for the Wehrmacht. Ford began building similar trucks around the same time, but GM was the number one producer of the vehicles that were vital for the quick conquests of Poland, France, and much of the Soviet Union. Albert Speer, the minister of armaments and war production, claimed that the rubber GM supplied was the key to the ability of the Germans to wage war the way they did. Inevitably when America declared war on Germany, the Reich seized GM’s German production facilities.
Although neither Ford nor General Motors ever fully conceded that they had willingly participated in the use of slave labor, they both were massive contributors to a fund started in 2000 for Holocaust survivors.
The tiny European state of Moldova is increasingly being drawn into the maelstrom of NATO’s war against Russia. On Monday, the US-allied government of Maia Sandu claimed victory in a referendum held the day before over whether the country should join the European Union. According to the Central Election Commission, 50.39 percent of voters supported and 49.61 percent opposed EU ascension. Slightly more than half of those eligible to cast a ballot did so.
The International Republican Institute is affiliated with the National Endowment for Democracy (NED). See my “front organizations” page regarding NED and Amnesty International.
On Nov. 2, the Korean Confederation of Trade Unions (KCTU) will host the National Workers’ Rally to carry on the spirit of martyr Jeon Tae-il, a dedicated South Korean sewing worker and labor rights activist who tragically took his life at just 22, a protest against deplorable working conditions in South Korea’s factories. This year, the rally will focus on the call for President Yoon Suk-yeol’s resignation.
U.S. shipments of ammunition to Ukraine were delayed for at least two months last year because of problems with a U.S. military contract with Germany’s Deutsche Bahn railways, according to a Defense Department Inspector General report.
On Monday, Indonesia’s coast guard “drove out” a China Coast Guard cutter that was shadowing a survey vessel in Indonesian waters of the South China Sea. On Tuesday, the Chinese vessel was back again in the same spot, according to maritime security expert Ray Powell.
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Geo Coral is a Norwegian-owned geophysical vessel flagged in Norway. She is operating under charter to PT Pertamina, Indonesia’s state-owned oil company, to conduct a 3D seismic survey off the Natuna Islands. “Pertamina East Natuna is focusing on oil and gas exploration activities in the East Natuna Working Area [East Natuna gas field], which has great potential to contribute to national energy security,” said a Pertamina spokesman on Tuesday.
MACHESNEY PARK — Soldiers and their families and friends filled the Harlem High School gymnasium on Thursday for a ceremony to recognize their service and sacrifice ahead of an overseas deployment that could last about a year.
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