Showing posts with label G20. Show all posts
Showing posts with label G20. Show all posts

Friday, November 30, 2018

Argentina and France – Opponents of IMF versus Yellow Vests – Where Is the Correlation?



By Peter Koenig
November 30, 2018 "Information Clearing House" -   What do Argentinean protesters have in common with French protesters? – They both strongly dislike their governments, and their leaders (sic).
The protests in Argentina against the upcoming G20 meeting and around the IMF are just a pretext for an overall malaise – which is an understatement – vis-à-vis President Mauricio Macri and his debt-driven austerity program, that has left hundreds of thousands jobless. People who had decent jobs under the Kirchner governments have now joined the ranks of the unemployed and are begging for survival. Macri has driven the poverty rate from about 14%, where it was in November 2015, a months before the Presidential elections, to more than 35% in September 2018 – and all the while increasing tariffs for transportation and basic services such as electricity, gas, water – health care, education – in fact, privatizing such vital public services to the point where only higher middle class and elite can afford them.
That of course, will leave a vast majority of the people uneducated and without basic health care – precisely what neoliberalism wants. Decimating the number of poor people to a minimum needed for useful slavehood and leaving those who vegetate along, struggling for one meal at the time without education, without a job, so they don’t have the time, energy and political savvy to protest against the ruling class.

Greece is an outstanding example. Within less than ten years the once cheerful, happy and economically relatively well-off country was destroyed into misery by foreign imposed debt and austerity programs. – By now, almost all public assets were sold or privatized to pay for the horrendous debt service. Public health services are on a drip, there is a lack of special medication, like for cancer – schools are closed or privatized – pensions cut to unlivable levels, unemployment rampant – all leading to extreme poverty and skyrocketing suicide rates, about which nobody dares speaking.
That’s the making of the west. In the case of Greece even worse. Their European brother and sister countries went along with the loot. In fact, they pushed Greece into her demise, especially Germany, France, the European Central Bank (ECB), and, of course, the entire European Brussels apparatus, led by the unelected European Commission (EC) and, and eventually with the ‘official’ outside hammer, the IMF. Greece had to go.
Is Argentina going to become under Macri the Latin American Greece? Could well be. By now the country is encircled by neoliberal and fascist neighbors, Brazil, Chile Paraguay, Uruguay. Bolivia is a laudable exception. All the others will do what Washington mandates; whatever it takes to support Macri and his IMF-imposed economic killer policies, that – in the end – will sell out the resource-rich country to foreign oligarchs and corporations, to the US and NATO. Yes NATO, unbelievable, but true. NATO is officially in south America, as Colombia by her own choice has become a NATO country.
From Colombia to Argentina and actually to all of Latin America is like a walk in the park, with all the borders of the partly newly installed neoliberal / neofascist governments wide open – for NATO forces, that is. Macri has already invited the US to establish several US military bases. In July 2018 Sputnik reported that President Macri has given green light to establish “at least three US bases in the provinces of Neuquén, Misiones and Tierra del Fuego. Their creation would be financed by the US Southern Command.”
And now, in the midst of this man-made – Macri-made – socioeconomic calamity, he invites the G20 (30 November to 1 December 2018) to feast on Argentina’s goodies, to see for themselves what can be made of an otherwise prosperous country – so that prosperity is ‘shared’ and outsourced to foreign oligarchs, banks and corporations. Wonderful. For that G20 event, Macri mobilized some 22,000 military forces to guarantee the security of the chiefs of state.
Surely, after the G20 summit, new austerities will be imposed, because everybody sees there is more to be milked from Argentina. They see what they were able to do to Greece.  When common sense would dictate – stop, that’s it, that’s all we can take – there is an opening for even more to be squeezed out of the country. In Argentina there is still a lot of milking to be done. It has just started. If nothing else, the newly Washingtonshoed-in president of Brazil, Jair Bolsonaro, will teach Macri how to do even better for the western money sharks.
In France, the Yellow Vests protests against higher fuel prices and labor reform laws is just a pretext for something much bigger – a growing awakening of the French people, a steadily increasing recognition of how the slippery soft-speaker Emmanuel Macron is stripping France’s populace of most of their civil and social rights, of their labor rights – and ultimately, still to come, of their jobs. A number of ‘false flags’ from Charlie Hebdo to Bataclan to the Nice’s 14thJuly terror attacks, have helped Macron to put a permanent State of Emergency – basically Martial Law – into the French Constitution. By doing so, he has created a kind of French “Patriot Act”, slice by slice reducing long acquired social rights, transforming them into increased profits for foreign and French corporations and banking giants. Big wonder, Macron is a Rothschild child. He has been put into his position to uphold and expand the Rothschild clan’s banking empire, expanding it way beyond the French borders.
Who are the Yellow Vests – or ‘gilets jaunes’in French? The name refers to the yellow phosphorescent vests that each and every French driver needs to carry in his vehicle for visibility and protection in case of an incident on the highway. The movement started on 10 October, propagated through facebook against the Macron imposed increase of fuel taxes. It then expanded rapidly into a movement of discontent with the continuous loss of purchasing power of the common people through budget cuts and soft but steadily increasing austerity imposed on the French citizenry. That, plus the decay of public services, especially in urban peripheries, has transformed the Yellow Vests movement into a vivid protest against Macron, an outright call for Macron’s resignation.
Hundreds of thousands – cumulatively several millions – of Yellow Vests have demonstrated and blocked at times most of Paris during the past two weeks, to reverse the fuel tax increase and to basically regain their social rights and financial purchasing power, increase salaries to at least keep pace with inflation. Diesel prices have already increased in 2018 alone by 23% and gasoline prices by 15%. These prices should increase further by 2019 according to a Macron imposed law.
Can protests in the street remove a President? – A President, who came to power with less than 27% of the French eligible voters, a President, who built his power on a movement, called “En Marche” (something like ‘moving on’) which hardly even existed a year before Macron’s ‘election’ in May 2017, an election based on false propaganda, selling heaven to desperate people, who after socialist President François Hollande deceived his country bitterly, leaving his presidency with a popularity rate of less than 10% – these people were ready to accept any ‘populist’ lie in the hope that life would become better.
Well, as usual, the ruling class – almost always the financial elite – took advantage of the desperate situation – and bingo. Macron is legally in office for 5 years, until 2022. Removing him the ‘democratic way’, through a Parliamentary vote of confidence, is a slim chance, as he has an absolute majority in Parliament, also called the French National Assembly.
So far Macron has been able to impose his ‘austerity’ without the open help of the IMF. But, be sure, with Christine Lagarde at the helm of the IMF, a former French Finance Minister, with close ties to Macron, he most certainly get IMF ‘advice’ on how to continue softly squeezing the juices out of the French people, of their, since the end of WWII, accumulated and hard fought-for social benefits. Maybe also Greek style?
Curiously, the European Commission and the ECB are much more generous with France than with Italy, when it comes to adhering to the arbitrary 3% deficit limit. Italy was scolded, called to order and to submit a revised budget, when deputy PM, Matteo Salvini, presented Italy’s 2019 budget with a 2.9% deficit. France, on the other hand, has been running a deficit above 3% for years, but is gently reminded to please look into their finances a bit more carefully. In other words, the EU is treating brothers and sisters with different yard sticks, thus, helping Macron to do whatever he sees fit to push austerity down the French citizens’ throats. And if they protest, well, we see what’s happening now. There is the State of Emergency that allows the most brutal police crack-down, if needed. And Macron may well need it, if he wants his presidency to survive.
The French people, are, however, special. They prompted the French Revolution in 1789, the legacy of which still reverberates in legal systems around the world. French students started 40 years ago, the 1968 student and workers revolt. It began on the premises of “equal rights and liberty” between men and women. It led to strengthening workers unions and eventually to many workers rights and benefits, precisely those that already former President Sarkozy attempted to dismantle and for which Macron was installed to finish the job.
There is a direct relation between what happened in 1968 and what is occurring now. Will the people prevail? – Will France set an example for the rest of Europe? –  Mind you – Europe is in the plans to be derailed and robbed similarly and through different means, one of which is a massively increasing influx of so-called refugees or migrants from poor countries bordering Europe. Absorbing millions of homeless souls from western destroyed countries, is a challenge, Europe may not survive. Macron may just be a convenient intermediary.
So, what do the people of Argentina and the people of France have in common? – They both want to get rid of a despotic president, implanted by the western financial elite to steal the socioeconomic coffers of their heritage, and which, if not stopped, may continue a movement throughout the Americas and Europe.

Peter Koenig is an economist and geopolitical analyst. He is also a water resources and environmental specialist. He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research; ICH; RT; Sputnik; PressTV; The 21st Century; TeleSUR; The Vineyard of The Saker Blog, the New Eastern Outlook (NEO); and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance

http://www.informationclearinghouse.info/50686.htm

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G20 Summit, Top Agenda Item: Bye-Bye American Empire



By Finian Cunningham
November 30, 2018 "Information Clearing House" -  The G20 summits are nominally about how the world’s biggest national economies can cooperate to boost global growth. This year’s gathering – more than ever – shows, however, that rivalry between the US and China is center stage.
Zeroing in further still, the rivalry is an expression of a washed-up American empire desperately trying to reclaim its former power. There is much sound, fury and pretense from the outgoing hegemon – the US – but the ineluctable reality is an empire whose halcyon days are a bygone era.
Ahead of the summit taking place this weekend in Argentina, the Trump administration has been issuing furious ultimatums to China to “change its behavior”. Washington is threatening an escalating trade war if Beijing does not conform to American demands over economic policies.
President Trump has taken long-simmering US complaints about China to boiling point, castigating Beijing for unfair trade, currency manipulation, and theft of intellectual property rights. China rejects this pejorative American characterization of its economic practices.

Nevertheless, if Beijing does not comply with US diktats then the Trump administration says it will slap increasing tariffs on Chinese exports.
The gravity of the situation was highlighted by the comments this week of China’s ambassador to the US, Cui Tiankai, who warned that the “lessons of history” show trade wars can lead to catastrophic shooting wars. He urged the Trump administration to be reasonable and to seek a negotiated settlement of disputes.
The problem is that Washington is demanding the impossible. It’s like as if the US wants China to turn the clock back to some imagined former era of robust American capitalism. But it is not in China’s power to do that. The global economy has shifted structurally away from US dominance. The wheels of production and growth are in China’s domain of Eurasia.
For decades, China functioned as a giant market for cheap production of basic consumer goods. Now under President Xi Jinping, the nation is moving to a new phase of development involving sophisticated technologies, high-quality manufacture, and investment.
It’s an economic evolution that the world has seen before, in Europe, the US and now Eurasia. In the decades after the Second World War, up to the 197os, it was US capitalism that was the undisputed world leader. Combined with its military power, the postwar global order was defined and shaped by Washington. Sometimes misleading called Pax Americana, there was nothing peaceful about the US-led global order. It was more often an order of relative stability purchased by massive acts of violence and repressive regimes under Washington’s tutelage.
In American mythology, it does not have an empire. The US was supposed to be different from the old European colonial powers, leading the rest of the world through its “exceptional” virtues of freedom, democracy and rule of law. In truth, US global dominance relied on the application of ruthless imperial power.
The curious thing about capitalism is it always outgrows its national base. Markets eventually become too small and the search for profits is insatiable. American capital soon found more lucrative opportunities in the emerging market of China. From the 1980s on, US corporations bailed out of America and set up shop in China, exploiting cheap labor and exporting their goods back to increasingly underemployed America consumers. The arrangement was propped up partly because of seemingly endless consumer debt.
That’s not the whole picture of course. China has innovated and developed independently from American capital. It is debatable whether China is an example of state-led capitalism or socialism. The Chinese authorities would claim to subscribe to the latter. In any case, China’s economic development has transformed the entire Eurasian hemisphere. Whether you like it or not, Beijing is the dynamo for the global economy. One indicator is how nations across Asia-Pacific are deferring to China for their future growth.
Washington likes to huff and puff about alleged Chinese expansionism “threatening” US allies in Asia-Pacific. But the reality is that Washington is living in the past of former glory. Trading blocs like the Asia-Pacific Economic Cooperation (APEC) realize their bread is buttered by China, no longer America. Washington’s rhetoric about “standing up to China” is just that – empty rhetoric. It doesn’t mean much to countries led by their interests of economic development and the benefits of Chinese investment.
One example is Taiwan. In contrast to Washington’s shibboleths about “free Taiwan”, more and more Asian countries are dialing down their bilateral links with Taiwan in deference to China’s position, which views the island as a renegade province. The US position is one of rhetoric, whereas the relations of other countries are based on material economic exigencies. And respecting Beijing’s sensibilities is for them a prudent option.
A recent report by the New York Times starkly illustrated the changing contours of the global economic order. It confirmed what many others have observed, that China is on the way to surpass the US as the world’s top economy. During the 1980s, some 75 per cent of China’s population were living in “extreme poverty”, according to the NY Times. Today, less than 1 per cent of the population is in that dire category. For the US, the trajectory has been in reverse with greater numbers of its people subject to deprivation.
China’s strategic economic plans – the One Belt One Road initiative – of integrating regional development under its leadership and finance have already created a world order analogous to what American capital achieved in the postwar decades.
American pundits and politicians like Vice President Mike Pence may disparage China’s economic policies as creating “debt traps” for other countries. But the reality is that other countries are gravitating to China’s dynamic leadership.
Arguably, Beijing’s vision for economic development is more enlightened and sustainable than what was provided by the Americans and Europeans before. The leitmotif for China, along with Russia, is very much one of multipolar development and mutual partnership. The global economy is not simply moving from one hegemon – the US – to another imperial taskmaster – China.
One thing seems inescapable. The days of American empire are over. Its capitalist vigor has dissipated decades ago. What the upheaval and rancor in relations between Washington and Beijing is all about is the American ruling class trying to recreate some fantasy of former vitality. Washington wants China to sacrifice its own development in order to somehow rejuvenate American society. It’s not going to happen.
That’s not to say that American society can never be rejuvenated. It could, as it could also in Europe. But that would entail a restructuring of the economic system involving democratic regeneration. The “good old days” of capitalism are gone. The American empire, as with the European empires, is obsolete.
That’s the unspoken Number One agenda item at the G20 summit. Bye-bye US empire.
What America needs to do is regenerate through a reinvented social economic order, one that is driven by democratic development and not the capitalist private profit of an elite few.
If not, the futile alternative is US failing political leaders trying to coerce China, and others, to pay for their future. That way leads to war. 
This article was originally published by "Strategic Culture Foundation " -  
==See Also==
Watch: Putin high-fives Saudi Crown Prince at G20:





http://www.informationclearinghouse.info/50687.htm


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Wednesday, November 28, 2018

Trump/Putin Meeting at G20: On or Off? Showdown with China’s Xi Jinping?



Global Research, November 28, 2018



G20 leaders will meet on Friday and Saturday in Buenos Aires, Argentina. Kiev’s staged Black Sea provocation and Trump’s trade war with China hang over the summit, along with US hostility toward Russia, endless war in Syria, and other major geopolitical issues.
Major Sino/US differences highlighted the mid-November APEC summit – notably America first protectionism v. fair trade.
For the first time, APEC leaders failed to agree on a joint communique, largely over major unresolved Sino/US disagreements.
Will the G20 summit end the same or a similar way – major differences between the Trump regime v. Russia and China highlighting it?
On Tuesday, John Bolton said Trump meet with Vladimir Putin, Xi Jinping, Angela Merkel, Japan’s Shinzo Abe, South Korea’s Moon Jae-in, Turkey’s Recep Tayyip Erdogan, India’s Narendra Modi,and Argentina’s Mauricio Macri in Buenos Aires.
No meeting with Saudi crown prince Mohammad bin Salman is scheduled. According to White House press secretary Sarah Sanders, he hasn’t “ruled out any interaction” with MBS.
It may or may not happen. Being together in the same venue, they’ll certainly cross paths, perhaps to hold an unscheduled meeting – despite Bolton saying his schedule is “full to overflowing.”
There’s always time for what anyone wishes to do, no time for what someone wants avoided. According to Bolton, Putin and Trump will discuss “security issues, arms control, and regional issues, including the Middle East” – along with Kiev’s Black Sea/Kerch Strait provocation and aftermath so far, if a meeting occurs. With one scheduled, it’s hard imagining not having it with much to discuss.
On Tuesday, Trump threatened to cancel his meeting with Putin over the incident, saying
“I am getting a report on that tonight and that will determine what happens at the meeting,”
adding:
“That will be very determinative. Maybe I won’t have the meeting…We’re going to see, depending on what comes out tonight.”
He blamed Russia for Kiev’s provocation, saying
“I don’t like that aggression. I don’t want that aggression at all. Absolutely. And by the way, Europe shouldn’t like that aggression. And Germany shouldn’t like that aggression.”
Was Kiev’s November 25 Black Sea/Kerch Strait provocation strategically timed ahead of Ukraine’s March 2019 presidential election and this week’s G20 summit?
The likely US/UK orchestrated incident was all about escalating East/West tensions, further undermining prospects for Putin/Trump agreement on key bilateral issues, along with whatever the US-installed Poroshenko regime hopes to gain from what happened.
Much rides on Trump’s meeting with Xi Jinping. DLT threatened to increase tariffs on $250 billion worth of Chinese goods from 10 – 25% in January 1 if Beijing doesn’t subordinate its economic interests to Washington’s.
It clearly won’t happen, but it remains to be seen if both leaders can find accommodation middle ground with each other – or at least delay the January 1 action and Trump’s added threat to impose duties on all Chinese imports in the new year.
Ahead of Trump’s meeting with Xi, Chinese envoy to Washington Cui Tiankai warned of “dire consequences” if both leaders fail to find accommodation with each other, adding:
“The lessons of history are (clear). In the last century, we had two world wars. And in between them, the Great Depression. I don’t think anybody should really try to have a repetition of history. These things should never happen again, so people have to act in a responsible way.”
Given Washington’s rage for confrontation over diplomacy and permanent war agenda, he didn’t rule out “all-out conflict” with the US if things deteriorate beyond resolution.
China didn’t initiate trade war. It’s largely Trump’s call on how far to push it or be willing to step back from the brink.
Cui was clear saying
“(w)e cannot accept that one side would put forward a number of demands and the other side just has to satisfy all these things.”
According to hardline Trump regime chief economic advisor Larry Kudlow, DLT intends increasing tariffs on Chinese goods if there’s no breakthrough in talks with Xi, adding discussions so far failed to yield what the White House demands.
If nothing comes from talks this weekend, Trump said he’ll order additional tariffs on another $267 billion worth of Chinese imports, along with increasing tariffs to 25% – harming both countries and the world economy if he goes this far and sticks with it.
On Monday, he said
“(t)he only deal that would be really acceptable to me – other than obviously we have to do something on the theft of intellectual property, right – but the only deal would be China has to open up their country to competition from the United States.”
“They have to open up China to the United States. Otherwise, I don’t see a deal being made.”
America’s huge and growing trade deficit with China is all about US corporations offshoring their production and other operations, along with millions of jobs, to low-wage countries.
Trump consistently fails to lay blame where it belongs – on corporate America, not China or other countries.
It’s unclear if talks between him and Xi can achieve (or at least appear to achieve) what numerous previous Sino/US rounds failed to accomplish.
Perhaps agreeing on a reprieve is the best to hope for – so talks on major unresolved issues can continue in the new year.
A Final Comment
Kremlin spokesman Dmitry Peskov said things are “settled” about Putin/Trump talks on the sidelines of this week’s G20 summit – adding “(w)e have no…information otherwise.”
It’s hard imagining both leaders won’t meet. Being in the same place at the same time, it seems virtually certain they’ll meet with much to discuss.
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Award-winning author Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net. He is a Research Associate of the Centre for Research on Globalization (CRG)
His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”
Visit his blog site at sjlendman.blogspot.com.



https://www.globalresearch.ca/trumpputin-meeting-at-g20-on-or-off-showdown-with-chinas-xi-jinping/5661280

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