Tag Archives: economic sanctions

As Consumers Pay, Oil CEOs Refuse to Testify to Congress About Soaring Prices

“While Americans struggle with high gas prices, these companies are doing victory laps, showering their already wealthy executives and shareholders with billions in stock buybacks and bonus compensation,” said one watchdog group. “They should be ashamed.”

By Julia Conley  Pubished 3-29-2022 by Common Dreams

Photo: Joel Kramer/flickr/CC

As people across the United States face record-high gas prices—compounded by rising grocery bills and prices for other essentials—executives at three major oil companies are refusing to testify before Congress about what their firms could do to lessen the burden on U.S. households, leaving Democratic lawmakers and consumer advocates to condemn the companies for profiting amid lower and middle-class people’s financial pain.

Rep. Raúl M. Grijalva (D-Ariz.), who chairs the House Natural Resources Committee, had invited the CEOs of EOG Resources Inc., Devon Energy Corp. and Occidental Petroleum Corp. to testify next week, only to be rebuffed Tuesday by the executives, who have personally profited off gas prices which averaged $4.24 per gallon on Monday. Continue reading

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Putin’s attack on Ukraine isn’t going as planned. What will happen next?

With an unexpectedly strong Ukrainian resistance, harsh global sanctions and low morale among Russian troops, we face an unpredictable few months

By Paul Rogers.  Published 3-4-2022 by openDemocracy

Photo: The Resistor Sister/Twitter

Nine days into Russia’s assault on Ukraine and it is clear the Kremlin’s original plan has been derailed. The aim was to move rapidly on the capital, Kyiv, seizing the international airport to airlift troops in, then link with ground forces moving in from Belarus, occupy the city and take down the government in, at most, 72 hours.

From the start, Russia would make a concerted effort to take control of the Ukrainian air space, mainly with missile attacks on air bases, air defences and logistics support. This, combined with troops spread across the whole country, would induce a fear factor to help cower the people of Ukraine into submission, rather like the ‘shock and awe’ approach used by the US at the start of the Iraq War. Continue reading

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Putin is about to start the most senseless war in history

A view from Russia: no sanctions will stop Moscow, and its actions will drive more countries into NATO’s arms

By Greg Yudin  Puvlished 2-22-2022 by openDemocracy

Vladimir_Putin. Photo: Kremlin/CC

In the near future, a big war will begin – a war that we have not seen in the lifetime of my generation, and perhaps the previous generation too.

The Russian president, Vladimir Putin, last night formally recognised the separatist ‘People’s Republics’ in Donetsk and Luhansk in eastern Ukraine as independent territories. Now, he has ordered so-called ‘peacekeeping forces’ into the Donbas region.

Meanwhile, on the borders of Ukraine, Russia has gathered an army of 75% of all available forces. Belarus has officially confirmed that, following extensive exercises, Russian troops are not leaving Belarus. A few kilometres from Ukraine, tanks sit in Russian forests and fields – as can be seen in videos filmed in Russia’s Belgorod, Kursk and Bryansk regions, as well as in Belarus’ Homyel region. This military force is fully prepared for a large-scale operation – and is already in position to attack. Continue reading

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What would Western sanctions mean for Russia?

The unprecedented measures proposed by the US, the EU and the UK could create chaos in Russia’s economy and impoverish its population

By Isobel Koshiw.  Published 2-8-2022 by openDemocracy

Russian President Vladimir Putin Photo:: Kremlin.ru

Proposed Western sanctions could almost cut Russia out of the global financial system, creating chaos for the Russian economy and impoverishing ordinary Russians, experts have warned.

The measures threatened by the US, the EU and the UK if Russia incurs further into Ukraine would be unprecedented. Previous countries that have faced similar sanctions – such as North Korea and Iran – were peripheral to the global markets in comparison to Russia. Continue reading

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US Lawmakers With Pipeline Stocks Profit as Gas Exports to Europe Soar

“Members of Congress who own stock in pipeline companies like Enterprise Products stand to profit from the push to export liquid fossil gas amid Russia-Ukraine tensions,” according to a new investigation.

By Kenny Stancil.  Published 2-10-2022 by Common Dreams

The LNG taker Rivers arrives in Brest. Photo: Pline/Wikimedia Commons/CC

Amid escalating tensions between Russia and Ukraine, which could have far-reaching implications for energy markets in central Europe, U.S. President Joe Biden has increased gas exports to Germany and surrounding countries, benefiting members of Congress who own—and are buying up more—stock in pipeline and tanker companies.

That’s according to new reporting published Wednesday by the nonprofit investigative outlet Sludge, which previously identified at least 28 U.S. senators and 100 House members whose households own stock in oil and gas companies or hold other investments in the fossil fuel industry. Continue reading

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Trouble on the Belarus-Poland border: What you need to know about the migrant crisis manufactured by Belarus’ leader

Hopes for a better future?
Maxim Guchek/BELTA/AFP via Getty Images

Tatsiana Kulakevich, University of South Florida

Using migrants as pawns is perhaps nothing new. But rarely do you have a situation in which one country encourages a migrant crisis on its own border for nakedly geopolitical reasons.

That is what appears to be happening at the Poland-Belarus border, where violence has broken out between Polish border guards and Middle Eastern migrants who traveled there via Belarus, and who are set on reaching the European Union. Meanwhile, there is growing concern over those camped out in freezing conditions. Continue reading

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Critics Fume as ICC Excludes US From Probe Into Afghan War Crimes

“Allowing powerful states to get away with multi-year, multi-continent torture against so many feeds impunity for all.”

By Andrea Germanos, staff writer for Common Dreams.  Published 9-27-2021

Photo: pixabay

A Monday announcement from the International Criminal Court’s chief prosecutor saying his office is seeking approval to resume its investigation into potential war crimes in Afghanistan committed by the Taliban and the Islamic State—but excluding alleged atrocities committed by U.S. forces—sparked a flurry of outrage from human rights defenders.

“It seems there is no end to the betrayal of Afghans—now so many victims of torture and other abuses by U.S. and former Afghan government forces have been told there is no justice for you,” Patricia Gossman, associate Asia director for Human Rights Watch, tweeted Monday in response to the announcement. Continue reading

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US and Israel Vote ‘No’ as 184 Nations Condemn American Blockade of Cuba

“The U.N. vote… on Cuba was a chance for President Biden to show global leadership,” said CodePink co-founder Medea Benjamin. “He failed miserably.”

By Brett Wilkins, staff writer for Common Dreams. Published 6-23-2021

New York City, April 2021. Photo: The All-Nite Images/flickr/CC

Peace and human rights advocates joined the United Nations General Assembly Wednesday in their annual condemnation of the United States’ disastrous economic embargo against Cuba.

For the 29th straight year, the members of the General Assembly voted overwhelmingly in favor of a resolution demanding an end to the 60-year U.S. economic blockade on Cuba. This year, 184 nations voted in favor of the resolution, while the U.S. and Israel voted against it. Three nations—Brazil, Colombia, and Ukraine—abstained. Continue reading

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‘Critical First Step’ But ‘Long Overdue’: Biden Repeals Trump Sanctions on the ICC

“Trump’s sanctions set a dangerous precedent for attacks on victims, lawyers, human rights advocates, and courts.

By Jessica Corbett, staff writer for Common Dreams. Published 4-2-2021

International Criminal Court Prosecutor Fatou Bensouda speaking at the Oslo Forum in 2014. Photo: Stine Merethe Eid/CC

Progressives in Congress and human rights organizations on Friday welcomed the Biden administration’s repeal of sanctions on the International Criminal Court imposed under former President Donald Trump in a bid to pressure the Hague-based tribunal to not investigate alleged U.S. and Israeli crimes.

U.S. Secretary of State Antony Blinken announced in a statement that President Joe Biden revoked Trump’s Executive Order 13928, “ending the threat and imposition of economic sanctions and visa restrictions in connection with the court.” Continue reading

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After 10 Years of Civil War in Syria, US (Quietly) Declares Defeat but Won’t Go Home

After a decade of bombing, invasions, exoduses and economic strife, it is clear that there are precious few winners in the Syrian Civil War — or from the rest of the Arab Spring, for that matter.

By Alan Macleod  Published 3-25-2021 by MintPress News

Montage of the Syrian Civil War. Photo: Collective, CC BY 1.0 via Wikimedia Commons

This March marks the 10-year anniversary of the Arab Spring and the protests that rocked Syria, which were a starting point for the ongoing civil war. That conflict has led to over half a million deaths and nearly 13 million people displaced, according to some estimates.

Now, after 10 years of attempts to topple the government of President Bashar al-Assad, it appears that many in the U.S. government and media are quietly conceding defeat. Continue reading

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