Tag: WTO

Africa taken for ‘neo-colonial’ ride

Tina Marie (Ms. Cat)

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 Meanwhile, Western colonial powers have been replaced by neo-colonial governments and international institutions serving their interests.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

The end of ‘laissez-faire’: Russia’s attempt to reshape the world economy

Tina Marie (Ms. Cat)

By Ramzy Baroud | MEMO | June 8, 2022

Starting on 31 May, Russian Foreign Minister Sergei Lavrov embarked on a tour of Gulf Cooperation Council (GCC) countries, where he visited Bahrain, Saudi Arabia and the United Arab Emirates (UAE), among others. Lavrov’s main objective of these visits is to strengthen ties between Russia and GCC nations amid a global race for geopolitical dominance.

The end of ‘laissez-faire’: Russia’s attempt to reshape the world economy

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

Tina Marie (Ms. Cat)

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

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The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.