Tag: Development

US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

Tina Marie (Ms. Cat)1 Comment

US Says Approach to Venezuela’s Maduro ‘Not Changing,’ Will Maintain Sanctions

While Price insists it’s business as usual when it comes to Venezuela, the US has eased sanctions very slightly. After Maduro resumed talks with the opposition in November, the US granted a license to Chevron to resume pumping oil in Venezuela and agreed to release $3 billion in Venezuelan funds that were frozen by US and European banks. Under the deal, the funds will go toward humanitarian and economic development projects.

Previously:

Venezuela: Opposition Parties Oust Guaidó as ‘Interim President’

India taps oil, natural gas, coking coal in Russian Arctic region

Tina Marie (Ms. Cat)

Russia is not only eyeing China as part of its outreach for the resource-rich Arctic region but is also engaging India on the Arctic route to increase bilateral trade and investments in oil, natural gas and coking coal sectors, ET has learnt.

India taps oil, natural gas, coking coal in Russian Arctic region

Related:

[2019] Narendra Modi launches ‘Act Far East’ policy: Here is all you need to know about proposed new trade ties with Russia

Defying Sanctions, More than 50 New Investment Projects in Syria

Tina Marie (Ms. Cat)

More than fifty new investment projects with an estimated cost of one and a half trillion Liras have been licensed in Syria according to the investment law issued last year. The Syrian capital, Damascus, focuses on reviving productive projects to confront Western sanctions on the Syrian economy.

Defying Sanctions, More than 50 New Investment Projects in Syria

Video via Arabi S

The United States Wants to Prevent a Historical Fact: Eurasian Integration

Tina Marie (Ms. Cat)

by Vijay Prashad / July 7th, 2022

Over the course of the past fifteen years, European countries have found themselves with both great opportunities to seize and complex choices to make. Unsustainable reliance on the United States for trade and investment, as well as the curious distraction of Brexit, led to the steady integration of European countries with Russian energy markets and more uptake of Chinese investment opportunities and its manufacturing prowess.

The United States Wants to Prevent a Historical Fact: Eurasian Integration

Related video:

Vijay Prashad – Why the United States Opposed the Historical Integration of Eurasia

IMF Tells Bolivia To Drop Its Successful Economic Model

Tina Marie (Ms. Cat)1 Comment

The IMF released a report today on the Bolivian economy in which it recommends adopting drastic neoliberal measures, including; reducing workers’ salaries, cutting public investments, and ending currency controls. These policies have turned Bolivia from one of the poorest countries in the region into it’s fastest-growing economy.

IMF Tells Bolivia To Drop Its Successful Economic Model