Argentina: the movement against Milei has begun

As we were about to publish the latest editorial of the Argentine section of the IMT, concerning the first budget announcements of the new government of far-right demagogue president Milei, he doubled down: announcing by decree the abolition of over 300 pieces of legislation, which regulate economic activity in a wide range of fields. This is an unprecedented, ultra-liberal assault on the rights and living conditions of the working masses, introduced using undemocratic emergency decree powers. The announcement provoked a spontaneous movement of protest, with thousands coming out into the streets of Buenos Aires, as Alejandro Spezia describes in this special update (the original article follows after).

Argentina: the movement against Milei has begun

5/11/23 Joziah Thayer on AQAP’s Standing in Yemen

Joziah Thayer joins to show to discuss some of the work he’s done digging into the many factions and groups within Yemen and the foreign powers working to pull their strings. Scott and Thayer drill in on Al Qaeda in the Arabian Peninsula, or AQAP, and explore how the group’s standing in Yemen has changed and how the country is likely to evolve going forward.

Discussed on the show:

The CIA, AQAP, and the Never-Ending Excuse to Bomb Yemen

How the IMF & World Bank Destroyed Yemen

5/11/23 Joziah Thayer on AQAP’s Standing in Yemen

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.

Thousands in Italy protest West’s weapons supplies to Ukraine as war enters 2nd year

Thousands of Italians have demonstrated across the country in Rome, Florence and Genoa against Western sanctions imposed on Russia and transfer of lethal military hardware to Ukraine, a day after the first anniversary of the Ukraine-Russia war.

Thousands in Italy protest West’s weapons supplies to Ukraine as war enters 2nd year

Video via World Politics

Related:

Anti-NATO, Anti-EU, Anti-War, Protest Rallies Hit Germany, France, Italy

French police attack Yellow Vests protesters in rally against Macron’s economic policies

French police have attacked Yellow Vests protesters, firing tear gas and rubber bullets at thousands of demonstrators, who took to the streets to denounce French President Emmanuel Macron’s economic policies and pension reform.

French police attack Yellow Vests protesters in rally against Macron’s economic policies

Related:

Emmanuel Macron presses ahead with pension reform as French discontent swells

Macron: French health sector problems could deepen in coming years

U.S. privately asks Ukraine to show it’s open to negotiate with Russia

So much propaganda to sift through!?! 🙄

U.S. privately asks Ukraine to show it’s open to negotiate with Russia

The request by American officials is not aimed at pushing Ukraine to the negotiating table, these people said. Rather, they called it a calculated attempt to ensure the government in Kyiv maintains the support of other nations facing constituencies wary of fueling a war for many years to come.

The discussions illustrate how complex the Biden administration’s position on Ukraine has become, as U.S. officials publicly vow to support Kyiv with massive sums of aid “for as long as it takes” while hoping for a resolution to the conflict that over the past eight months has taken a punishing toll on the world economy and triggered fears of nuclear war.

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Biden Is Running U.S. Energy Security Into The Ground

The White House divulged late on Tuesday its plan to release 15 million barrels of crude oil from the strategic petroleum reserve to be delivered in December, as the last tranche of the emergency 180 million barrel release that the Biden Administration announced in March.

Biden Is Running U.S. Energy Security Into The Ground

Related:

Biden Manipulates Oil Price To Buy More Votes

Since its inauguration the Biden administration has sold more than 220 million barrels from the 650+ reserve. Refilling it at $70/bl, nearly $50 per barrel more than Trump was going to pay, will be quite costly.