Washington is Once Again Weaponising the IMF to Try to Reclaim its “Back Yard”
Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.
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Editor: Dr. G.G. Parikh | Associate Editor: Neeraj Jain | Managing Editor: Guddi
Through its selective lending to struggling economies in Latin America, the IMF is helping Washington, once again, to reassert its strategic influence.
‘The Fall of Saigon, 1975: Fifty Years of Repeating What was Forgotten’; ‘Vietnam: A Victory Never to be Forgotten’: Fifty years ago, on 30 April 1975, U.S. imperialism suffered the worst military defeat in its history as Vietnamese troops took complete control of Saigon.
‘Liberation Day’: Trump’s tariffs will not be a liberation but instead only add to the likelihood of a new rise in domestic inflation and a descent into recession. Also: ‘In Trade War with the US, China Holds a Lot More Cards Than Trump May Think − In Fact, It Might Have a Winning Hand’.
‘Facing Trump’s America’: Black people in America have often led change in this society because our humanity and our liberties were so long suppressed and denied. Also: ‘Trump’s War on the Poor’: The current crisis builds on decades of neoliberal plunder and economic austerity authored by both conservative and liberal politicians.
The impressive turnout reflects the public’s readiness to resist the Trump administration’s far right policy agenda.
Also: ‘More Than 150 Campuses Held Day of Action Against Trump’s Attacks on Higher Ed’: Labor unions, Palestinian rights groups and other advocacy groups demanded their schools stand up to the White House.
More than 1,200 demonstrations sponsored by over 400 activists’ groups took place on March 5 in all 50 states of the USA to protest Donald Trump and billionaire Elon Musk’s dismantling of the government that is sacrificing the needs of working families to the greed of right-wing oligarchs.
The fact that the ruling-class oligarchy is now openly wielding power on the national and international stages as part of the Trump regime shows that the overwhelming political influence of the capitalist class is no longer in dispute as this alignment pushes the country deeper into neofascism.
Donald Trump is portrayed as a “populist” committed to average working-class people, but his policies benefit wealthy elites at the expense of everyone else. His administration includes 13 billionaires — including Elon Musk, the world’s richest oligarch — and he is cutting taxes on the rich and corporations while imposing a consumption tax on the poor through tariffs.
‘Surrendering to Authoritarianism’: Liberal institutions, including universities, traditionally surrender without a fight to the dictates of autocrats. US institutions are no exception. Also: ‘More Than 1,800 Academics Say They Will Boycott Columbia—and the Number is Growing’.
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