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Economists Radhika Desai & Michael Hudson explain multipolarity, decline of US hegemony

Geopolitical Economy Report   Introducing Geopolitical Economy Hour: This is the first episode of a show being hosted every two weeks by economists Radhika Desai and Michael Hudson. They present the program and discuss the rise of the multipolar world and decline of US hegemony.

Tweet of the day

More and more power is concentrated in the hands of a small group of billionaires leading societies to an unprecedented dystopia. The only way to reverse this dark future is to let the workers seize the means of production and run all businesses collectively. — failedevolution (@failedevolution) January 14, 2023

Chief prosecutor puts Greece’s rule of law to the test

by Sarantis Michalopoulos   Part 1   Greek chief prosecutor Isidoros Ntogiakos caused shockwaves on Tuesday after he ruled that the independent authority responsible for privacy issues (ADAE) cannot conduct audits of telecommunication companies to find out who is under surveillance by Greek secret services. He even threatened the members of the Hellenic Authority for Communication Security and Privacy (ADAE) with criminal prosecution. The so-called “Greek Watergate” scandal, according to which several politicians, journalists and businessmen have been surveilled by Greek secret services by the conservative government of Prime Minister Kyriakos Mitsotakis (EPP), is considered an open wound for the country and the upcoming general elections.   Mitsotakis has tried to keep his distance so far, saying he was not aware of the wiretapping cases, although the first law he enacted as a prime minister was to take secret services under his remit. ADAE is an independent authority whose role is pr

Night raids: Victims of CIA-backed Afghan death squads known as “Zero Units” demand accountability

Democracy Now!   Journalist Lynzy Billing's investigation for ProPublica details how CIA-backed death squads, known as Zero Units, have yet to be held accountable for killing hundreds of civilians during the U.S. War in Afghanistan.    The Afghan units, which were routinely accompanied by U.S. soldiers, became feared throughout rural Afghanistan for their brutal night raids, often descending upon villagers from helicopters and carrying out summary executions before disappearing.    Families of victims continue to demand answers, but since the operations were directed by the CIA rather than the military, there is almost no oversight or disclosure when things go wrong. “ Many people I spoke to feel that these operations … were counterproductive and actually had turned their families against the U.S.-backed government in Kabul and against the U.S., ” says Billing. 

CIA blocked release of key Russiagate documents!

The Jimmy Dore Show  During the Trump presidency, as the bogus Russiagate accusations swirled, internal investigations were taking place behind the scenes, many of which produced a paper trail. Yet many of those documents remain under lock and key, restricted from public view by powerful individuals at various government agencies. But the results of many of those investigations may soon be made public, says former Trump administration official Kash Patel, and with them the prospects for a full accounting of how the massive Russiagate conspiracy theory was conjured up. Aaron Maté and Patel discuss the ways Gina Haspel, Rod Rosenstein and other Deep State figures maneuvered to keep the truth about Russiagate hidden.

Twitter leaks expose Russian bots sham

The Grayzone   The Grayzone 's Max Blumenthal and Aaron Mate cover new Twitter leaks demonstrating a coordinated campaign between US intelligence, Democratic Party elites, and their corporate media lackeys to sell the public on the lie that Russian bots had infiltrated social media to influence the results of the 2016 election. 

How Western sanctions blow back, hurting Europe, deepening Asian integration

Western sanctions led Russia to greatly increase trade with Asia, while devastating Europe’s economy. The US tech war against China is damaging its own industry.   by Renate Bridenthal  Part 1 Economic coercion, through the imposition of sanctions, is an act of war. Many of these sanctions have caused hardship, especially for the civilian populations of targeted countries. But just as a rifle recoils on the shooter’s shoulder, potentially causing injury, so too can sanctions backfire on the user. That is the title of a new book, “Backfire: How Sanctions Reshape the World Against U.S. Interests.” This is not to say that sanctions don’t cause suffering, but they have a mere 13% success rate in altering a targeted state’s behavior in the way desired. The failure of sanctions has long been recognized, although that seems not to have dampened U.S. persistence in adding ever more of them. The blowback effect has begun, and more is predictably on the horizon. This present analysis will focus

Shadowy US spy firm promises to surveil Crypto users for the highest bidder

by Kit Klarenberg    Part 4 - The Devil turns around Due to a highly successful mainstream media campaign over many years to demonize the government of Venezuela, and by extension its people, it is likely some American citizens will be entirely unsympathetic to Caracas’ plight, and approve of efforts to prevent the state bypassing sanctions. However, the ease with which Anomaly 6’s tools of mass surveillance could be domestically deployed, and the likelihood they already have, should give them pause. As I revealed in my initial report, Anomaly 6 can identify U.S. smartphone users by name, address and travel history. Another leaked sales presentation details how by linking a single anonymous individual’s smartphone signal recorded in North Korea to a network of hotels, schools, and other sites, the company determined with pinpoint accuracy their identity, marital status, where they worked and lived, the names of their children and the schools and universities at which they study, and m

Latin America rejects coup in Peru, while US supports unelected regime killing protesters

At least 14 countries in Latin America and the Caribbean have condemned the coup in Peru, backing President Pedro Castillo. The unelected regime, which has killed dozens of protesters, has the staunch support of the US and the region’s right wing.   by Ben Norton  Part 4 - 14 countries in Latin America and the Caribbean condemn Peru’s US-backed coup regime Mexico, Argentina, Colombia, and Bolivia published a joint statement supporting President Castillo, who they recognized was democratically elected by the people of Peru. “ For the world, it is not news that President Castillo Terrones, since the day of his election, was victim of anti-democratic harassment, ” they wrote. The government of Mexico’s left-wing President Andrés Manuel López Obrador (AMLO) even announced a formal “pause” in its diplomatic relations with Peru’s unelected regime. Colombia’s President Petro denounced the ouster of Castillo as a “ parliamentary coup. ” He added that the putsch is a warning for all elected lef

China pushes de-dollarization with gold reserves, Argentina yuan currency swap deal

Advancing global de-dollarization, China’s central bank is boosting its gold reserves while signing currency swap deals in yuan with countries like Argentina, encouraging the use of renminbi instead of US dollars.   by Ben Norton  Part 1 China’s central bank has taken a series of steps to accelerate the global drive toward de-dollarization, challenging the hegemony of the greenback. The People’s Bank of China is increasing the share of gold in its foreign-exchange reserves, bucking the US dollar, which has for decades been dominant in international central bank holdings. This January, China also signed an agreement with Argentina’s central bank for a currency swap deal, in which Beijing will provide 130 billion Chinese yuan (roughly $19 billion USD) to help Buenos Aires stabilize its currency and economy. The South American nation said it is “ committed to deepen the use of the RMB [renminbi] in the Argentine market for bilateral exchange ”. (Renminbi is the official name for the Chine