BUENOS AIRES, Argentina — It wasn’t the most uplifting of inaugural addresses. Rather, Argentina’s newly empowered President Javier Milei presented figures to lay bare the scope of the nation’s economic “emergency,” and sought to prepare the public for a shock adjustment with drastic public spending cuts.
In first speech, Argentina’s Javier Milei warns nation of painful economic shock
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With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum
ExxonMobil foresees profit and expansion surge fueled by Guyana, Permian advancements
With an annual total capital expenditure and exploration expense projection ranging between US$23 billion to US$25 billion, ExxonMobil is set to allocate US$22-$27 billion annually toward project spending until 2027. This includes a commitment to emerging ventures in lithium and low-carbon initiatives, with an 18% increase in spending in these areas.
Emphasizing its dedication to the energy transition, ExxonMobil’s Low Carbon Solutions division is expected to witness an increase in budget from US$17 billion to US$20 billion between 2022 and 2027, contingent upon government support.
The company plans to ramp up annual share buybacks to $20 billion by 2025, an increase from the current US$17.5 billion, following the completion of the Pioneer merger. Additionally, ExxonMobil continues its divestment strategy for refining operations.
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Caracas, December 4, 2023 (venezuelanalysis.com) – Venezuelans voted to support the country’s sovereignty claim over the Essequibo Strip in a non-binding referendum on Sunday.
Venezuela: Referendum Delivers Overwhelming Backing for Essequibo Claim
An air of bonanza has raised the projections of the Exxon Mobil corporation, which accumulated around 414 billion dollars in 2022, an unprecedented income in its history, which represents 44.8% more than the previous year. It is a gigantic increase if compared to its crisis in 2020, when its losses put its place in the stock market in jeopardy. Also from the research of that American corporation, it is said that Guyana could become “the country that produces the most barrels of oil per inhabitant in the world, surpassing Kuwait, in that case, when measuring the wealth per capita of its 800 thousand inhabitants, it would become a rich country, since in 2021 its GDP increased by 57.8% and in 2022 by 37.2%”.
Guayana Esequiba: Geo-economics of an Occupation
Because of Joe Biden’s career-long consistent neoconservatism — he never met a U.S. invasion or coup that he didn’t didn’t like and didn’t assist to happen — he is losing all three of America’s current wars, and each one of them (each of which he inherited from the prior Administrations, because at least since 1980 all U.S. Presidents have been neocons) is a proxy-war by a U.S. client-state or “colony” against an enemy that the U.S. Government has long wanted to “regime-change” (i.e., to take control over):
Biden’s America is now losing three wars simultaneously.
H/T: Unorthodox Truth
The shock sacking of Sam Altman, the founder of OpenAI, by his own board reveals the contradictions emerging in the development of ChatGPT and other ‘generative artificial intelligence’ models driving the AI revolution.
AI: open or closed?
13-11-2023: In what seems to be rather convenient, a war between the Israeli state and Palestine has broken out, in response to the indiscriminate terrorist acts of Hamas on October 7. It comes just at the time when the NATO armed Nazified forces in Ukraine had come to a standstill with a completely failed “offensive” in which the Western proxies reportedly lost 90 000 servicemen dead, 600 destroyed tanks and around 1900 armoured vehicles.[1] Following on from a fraudulent “Covid pandemic”, and NATO’s blundering proxy war against Russia, “all of a sudden” the Israel/Palestine issue has taken the headlines. Yet this latest scenario, which has reportedly taken around 9000 Palestinian lives[2] alongside around 1300 Israeli lives[3] is arguably one more deadly ploy to provide cover for another catastrophe – a US led war for regime change on the Islamic Republic of Iran (IRI). In what appears as a grotesque bait and switch, Washington and its imperialist allies have set off a powder keg situation backed by 75 years of injustice against Palestine as a foil for Wall Street to finally be given an excuse to topple the Iranian revolution which has been a thorn in their side since 1979.
Iran: The West Prepares Yet Another Regime Change War
Related:
The WSWS, Iran’s economy, the Basij & Revolutionary Shi’ism: an 11-part series (archived)
In this next of a series of reviews of some important books published this year, I look at Branco Milanovic’s Visions of Inequality.
Visions of inequality
From grandstanding in the rubble after our fire in Lāhainā to posing on top of a tank in Palestine, Harvest pastor Greg Laurie is the poster boy for white Christianity in occupied lands. I went to Kumulani Chapel for over a decade (through its transition to Harvest). I got my undergraduate degree in religious studies… let me tell you something: this is what settler-colonial theology looks like. The corporate religion espoused by Harvest is performative and littered with internal contradictions; it is quite explicitly a demonstration of Plato’s “Allegory of the Cave”. As a friend of mine noted, Laurie “was one of the early Trojan horse pastors that dressed Christofascist bullshit in a hip new package”. His church serves as a superstructure to reproduce Settler-Colonial/Capitalist society.
Settler-Colonial Theology: From Lāhainā to Palestine
Ms. Cat’s Chronicles 
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