Africa taken for ‘neo-colonial’ ride

By Anis Chowdhury and Jomo Kwame Sundaram – Jul 26, 2022

SYDNEY and KUALA LUMPUR, Jul 26 2022 (IPS) – Like so many others, Africans have long been misled. Alleged progress under imperialism has long been used to legitimize exploitation. Meanwhile, Western colonial powers have been replaced by neo-colonial governments and international institutions serving their interests.

Africa taken for ‘neo-colonial’ ride

China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

This year marks exactly 50 years since the establishment of ties between the United States and the People’s Republic of China. US President Richard Nixon visited China in 1972 and initiated an unprecedented thaw in relations, the first ever between a Communist power and a leading capitalist one. It was a very unusual occurrence, especially as the (First) Cold War was reaching its zenith precisely at that time. Although Mao Zedong himself and Nixon paved the way for the establishment of this relationship, it was only after Deng Xiaoping took power that the modern Sino-American relationship grew and in many ways shaped the economic and geopolitical realities of our time.

China getting rid of US debt holdings amid Washington DC’s escalatory actions and overall US decline

Related:

US debt held by China drops to lowest in 12 years

Speaking at a Senate Banking Committee hearing, Federal Reserve Chairman Jerome Powell acknowledged that the recent battle with inflation could tip the country into another recession.

Uganda says exploration results show it has 31 million tonnes of gold ore

Uganda says exploration results show it has 31 million tonnes of gold ore

Muyita said Wagagai, a Chinese company, had set up a mine in Busia in eastern Uganda and was expected to start production this year. Wagagai had invested $200 million, he said, and its mine will have a refining unit.

Parliament early this year enacted a new mining law that, once signed by the president, will pave way for the creation of a state mining company.

The company will compulsorily acquire a 15% stake in every mining operation and investors will be required to sign a production-sharing agreement with the government. Previously investors were given mining production licenses on a first-come, first-served basis.

Related:

Six decades of China-Uganda diplomatic relations and win-win partnership

Debt trap rumour intended to derail Uganda, China friendship

Uganda: President Pledges Rights Improvements

Hijacking Human Rights

HRW, sponsored by Adessium Foundation, Open Society Foundations, The Ford Foundation.

NED – Uganda

Looks like HRW & NED are on top of it! #RegimeChange

MoA: This New Import Law Will Hurt U.S. Consumers

This New Import Law Will Hurt U.S. Consumers

For small importers it will be impossible to do the above. Only big companies [Congress’ gift to Big Corporations] can afford to research and provide all that data and to take the risk of importing products that may get confiscated at the border. They will of course ask their customers to pay for all that.

Previously:

US Crackdown on Forced Labor in China Risks Further Supply Chaos

MoA brings up some things that I hadn’t.

Why does the United States have a military base in Ghana?

In April 2018, the president of Ghana, Nana Addo Dankwa Akufo-Addo, said that Ghana has “not offered a military base, and will not offer a military base to the United States of America.” His comments came after Ghana’s parliament had ratified a new defense cooperation agreement with the United States on March 28, 2018, which was finally signed in May 2018. During a televised discussion, soon after the agreement was formalized in March 2018, Ghana’s Minister of Defense Dominic Nitiwul told Kwesi Pratt Jr., a journalist and leader of the Socialist Movement of Ghana, that Ghana had not entered into a military agreement with the United States. Pratt, however, said that the military agreement was a “source of worry” and was “a surrender of our [Ghanaian] sovereignty.”

Why does the United States have a military base in Ghana?

Patrushev: The West Has Created an Empire of Lies Presupposing the Destruction of Russia

Nikolay Patrushev, Secretary of the Russian Security Council, in an interview with Rossiyskaya Gazeta, spoke about the tasks of the Russian special operation and the role of the United States in supporting neo-nazis. And also – about the near future of Europe, the Russian gold and foreign exchange reserves and sanctions. And also about what changes await our country in the near future.

Patrushev: The West Has Created an Empire of Lies Presupposing the Destruction of Russia