Posts Tagged ‘petrodollar’

The threat of military force, according to international law, in an act of war. The Venezuelan president is posturing, but the U.S. has mobilized forces and resources in Colombia—to which President Chávez claims to be reacting. Eva Golinger, a journalist and lawyer heavily focused on Venezuela, says the October 30th U.S-Colombia agreement “basically converting Colombia into one giant U.S. military base in South America” (4:49):

(more…)

Leaders of nine Latin American countries approved the usage of an intra-regional currency called the “Sucre”.

(more…)

Russia’s prime minister says it and China ‘is ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings’, Ria Novosti reports.

[picapp src=”e/c/e/7/PM_Putin_visits_1c8f.JPG?adImageId=6149826&imageId=6807371″ width=”500″ height=”407″ /]

(more…)

al Jazeera’s “Empire” hosted by Marwan Bishara takes a look at the new political stage in Latin America, reacting to U.S. interventionism on behalf of corporate interests and European colonialist elitism, the differences in the approaches of Bolivarian Socialists — Venezuela, Bolivia, Ecuador — and the ‘Third Way’ Eastern Hemisphere economic alliances of Brazil. In Part One, Mr. Bishara interviews Prof. Noam Chomsky. Part Two is a panel of scholars.

(more…)

A few interesting contrasts between life in China and life in the United States as I ramble from the Chinese Yuan to Fireworks to Freedom of the Press to Global Warming (more…)