Friends:
Today I present to you and to the people and the nation my last government report and I do so more convinced than ever that the best of Mexico is its people, heirs of civilizations that flourished long before the arrival of the European invaders. Thanks to the roots of those pre-Hispanic cultures of that deep Mexico, the Mexicans of today are, in their vast majority, hard-working, supportive and honest. The legacy of good principles that were transmitted from generation to generation and that have not disappeared – despite oppression, classism and racism – is what distinguishes us and places us as a country of virtues and greatness.
Tag: Foreign exchange reserves
[1992] To Russia, with food, tons of it
Washington Pushes To Seize $300 Billion In Russian Assets As World Races To Secure Reserve Assets
[2014] 14 African Countries Forced By France To Pay Colonial Tax For The Benefits Of Slavery And Colonization
Did you know many African countries continue to pay colonial tax to France since their independence till today!
14 African Countries Forced By France To Pay Colonial Tax For The Benefits Of Slavery And Colonization
Why might Africa want France gone? + ECOWAS Activates Standby Force for Potential Niger Intervention
Let’s continue to follow the post-coup situation in Niger. We had Victoria Nuland travel to Niger, presumably to help organize the overthrow of the government since 1- that’s usually what a visit from Nuland portends and 2 – a “rebel movement” called the Council of Resistance for the Republic under the leadership of someone named Rhissa Ag Boula started just after her visit. If there is going to be a Western war over this coup, it is likely that Nigeria – the giant country in West Africa with 224M people, much bigger than all other countries in the region combined – will be a part of the intervention, as would France and presumably the US. Other countries of the region are lining up on one or the other side, with Burkina Faso, Mali, and Algeria all lining up with the post-coup Niger government, so we are in a scary situation.
Why might Africa want France gone?
Related:
ECOWAS Activates Standby Force for Potential Niger Intervention
Yellen secretly yells for China’s help
By Herman Tiu Laurel
The US and its President Biden has been looking sillier and sillier to America’s global audience the past months. Take the inane “Chinese spy balloon” hullabaloo the shadowy anti-China political-media network concocted in February, Pentagon just a few days ago, on June 30, now officially admits “did not collect intelligence while flying over the country.” Yet, that spy thriller concoction delayed Blinken’s “reconciliation” visit to China by five months, pushing through only on June 18.
Yellen secretly yells for China’s help
Related:
The Coming Shock to the Global Monetary System
On Aug. 22, about 2
The Coming Shock to the Global Monetary System½months from today, the most significant development in international finance since 1971 will be unveiled.
De-Dollarization Kicks Into High Gear
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
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IMF sets another condition for crisis-hit Pakistan to revive loan
Crisis-hit Pakistan has made various economic modifications including hikes in fuel prices, raising taxes, and others demanded by IMF to unlock the loan program.
IMF sets another condition for crisis-hit Pakistan to revive loan
Related:
Pakistan and the International Monetary Fund:
In 2018, Imran Khan became Prime Minister of Pakistan. For this, they arranged friendly loans from Saudi Arabia, United Arab Emirates and China to avoid tough IMF conditions. In 2019, when economic conditions worsened, they went to IMF for the twenty-second time for a loan of US$1 billion. IMF gave loan based on conditions such as hike in energy tariffs, removal of energy subsidy, increase in taxation, privatization of public entities and fiscal policies to the budget.
IMF bailout package — rescue or trap for Pakistan?
“The IMF’s agenda is not to strengthen global economies because if it does that, then the Fund itself will be out of business,” he said.
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake
If the United States and its allies impose sanctions on China, this could be the greatest financial mistake in all of modern history. Unlike Russia, China is more resilient and has deeper ties across the global economy. Punishing China will likely backfire against the dollar and unleash a de-dollarization wave that could knock it off the reserve status. Here’s what you must know!
Sanctioning China Will Destroy The Dollar | America’s Ultimate Mistake via Sean Foo
Related:
One Year After Russia Mega Sanctions, Senate Asks ‘Can We Do Same To China”

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