The United Nations has added its voice to the growing list of international organisations, including the World Bank and the World Trade Organisation, warning that interest rate hikes imposed by the US Federal Reserve are creating the conditions for a financial crisis and global recession.
Interest rate hikes leading to recession, UN says
Tag: social unrest
Serbian Analyst: How war in Ukraine resembles past conflict in Yugoslavia
Interview by Adriel Kasonta, Asia Times, 9/24/22
Dragana Trifković is the general director of the Center for Geostrategic Studies in Belgrade, Serbia.
On September 8, a session was held in the UN Security Council on the topic of arms delivery to Ukraine by the West.
In the introductory part of the session, Trifković spoke about the weapons that were delivered to the battlefield during the war in Yugoslavia, comparing it to the current situation in Ukraine.
In the following interview, Trifković elaborates on that point for Asia Times.
Serbian Analyst: How war in Ukraine resembles past conflict in Yugoslavia
Czech people take to the streets in record numbers against Nato’s war in Ukraine
Czech people take to the streets in record numbers against Nato’s war in Ukraine
On Saturday 3 September, as many as 160,000 protesters (more than double the 70,000 admitted by imperialist media) came out onto the streets in Prague, the capital of the Czech Republic. Their demands were simple: end Czech involvement in the war in Ukraine and restore trade with the Russian Federation to resolve the soaring cost of living.
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The Communist Party of Bohemia and Moravia was one of the few voices from the left that mobilised for the protest, with the party’s former vice-chair and current presidential candidate Josef Skála speaking from its platform and attempting to bring some much-needed socialist understanding to this broad popular movement.
Needless to say, the corporate media has vacillated between ignoring the demonstrators entirely and trying to dismiss them as extremists and ‘Kremlin agents’. The Guardian ran an article characterising the protest as a “coalescence of far-right and extreme left elements”, playing on the threadbare ‘red-brown alliance’ trope so beloved of western anticommunists.
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Seemingly inspired by the Czech example, protests appear to have spread to Austria and Italy. These have been reported by Iran’s Press TV but largely ignored by western imperialist media.
[09-23-2022] From Suicide to Dead and Buried…Germany Now Provokes China
By Finian Cunningham
Not content with committing its nation to economic suicide from deteriorating Russian relations, the German government now wants to bury the corpse by sabotaging trade relations with China.
From Suicide to Dead and Buried… Germany Now Provokes China
At 36, World’s Youngest Leader Boric Electrifies UN Assembly
At 36, World’s Youngest Leader Boric Electrifies UN Assembly
The Chilean president called on leaders to avoid turning a blind eye to human rights violations around the world, from Iran to Venezuela and Nicaragua. He also made a staunch defense of Ukraine, criticizing Russia’s “unjust” invasion of that country.
Related:
Chile’s Boric Is Becoming More Right Wing by the Day
Chilean president Gabriel Boric was hailed as a leftist leader. In fact, his administration has joined the U.S. in condemning Latin America’s revolutionary leaders, and voters rejected his proposed constitutional changes, with 62% opposed. Boric is a reformer who acts in league with right wing forces.
WATCH: Chilean President Boric Urges Solidarity for Palestine during UN Speech
US Secretary of State to visit Chile in early October and meet with president Boric
It’s interesting, to me, that he brings up human rights violations in nations that are the US’ boogeymen. I’ll give him credit for standing up for Palestinians, at least.
Ukraine conflict update | Counter offensive progress | Scott Ritter Show
On episode 4 Scott Ritter summarizes this past weeks events in the Ukraine conflict.
Subscribe on Telegram, Subscribe on YouTube.
Ukraine conflict update | Counter offensive progress | Scott Ritter Show
Related:
U.S. ups the ante: are we indeed headed into WWIII and what can save us?
Gilbert Doctorow, 9/9/22
The UK and Commonwealth may be mourning the passing of Queen Elizabeth II yesterday. I am in mourning as well, but for a very different reason: the gathering of the Ukraine Defense Contact Group in the Ramstein air base in Germany yesterday reshuffled the deck on Western military and financial assistance to Ukraine, raising contributions to the ongoing holy crusade against Russia from still more nations and adding new, still more advanced precision strike weapons to the mix of deliveries to Kiev. It was an open summons to the Kremlin to escalate in turn, as were the test firing the same day of a new intercontinental rocket, the Minuteman III, from Vandenberg air base in California and the unannounced visit to Kiev yesterday of not only Secretary of State Antony Blinken, who was featured in Western media accounts, but also other top officials of the Biden administration. The most notorious member of this delegation was surely Blinken’s deputy, Victoria Nuland, who had stage managed the February 2014 coup that put in power in Kiev the Russia-hating regime that Zelensky now heads.
Gilbert Doctorow: U.S. ups the ante: are we indeed headed into WWIII and what can save us?
Related:
A Former US Marine Corps Officer’s Analysis of the Ukraine War (archived, in case the original is removed)
No to war and surging prices!

By Peter Schwarz | 09-08-2022
Resistance is growing across Europe to the massive price hikes being used to pass the costs of the proxy war that the US and NATO are waging against Russia in Ukraine onto working people.
No to war and surging prices!
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.
I Cannot Live on Tomorrow’s Bread
On April 19, the International Monetary Fund (IMF) released its annual World Economic Outlook, which forecasted a severe slowdown in global growth along with soaring prices.‘For 2022, inflation is projected at 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies – 1.8 and 2.8 percentage points higher than projected in … January’, the report noted. IMF Managing Director Kristalina Georgieva offered a sobering reflection on the data: ‘Inflation is reaching the highest levels seen in decades. Sharply higher prices for food and fertilizers put pressure on households worldwide – especially for the poorest. And we know that food crises can unleash social unrest’.
I Cannot Live on Tomorrow’s Bread
Related:
H/T: The New Dark Age
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