General Strike Paralyzes Argentina, as Population Says ‘No to the IMF’

General Strike Paralyzes Argentina, as Population Says ‘No to the IMF’

June 26, 2018 (EIRNS)—A 24-hour general strike, called by the CGT labor federation, in Argentina, and backed by other trade unions, citizen groups, small businesses and social organizations, completely paralyzed Argentina yesterday, to demand a change in the Macri government’s economic program and reject the austerity demands of the International Monetary Fund. The IMF inspires intense hatred in Argentina.

Read More

Powers That Be stick it to Italian populist movement by inserting banker technocrat as Prime Minister

Powers That Be stick it to Italian populist movement by inserting banker technocrat as Prime Minister

So much for fair elections and the will of the people in Italy.

Following the formation of a coalition government which was led by two anti-EU and anti-Euro political parties, the entire new government was scuttled over the weekend when President Sergio Mattarella disbanded it just weeks after its formation and inserted a former IMF banker as interim Prime Minister.

Read More

Italian Coalition ‘Contract’ Is Declaration of War against EU and Its Austerity Policy

Italian Coalition ‘Contract’ Is Declaration of War against EU and Its Austerity Policy

Ever since the U.S. and UK demanded the EU impose sanctions after Crimea’s reunification with Russia in 2014, Italy’s agriculture, fashion and manufacturing industries have chafed under the burden. After Moscow imposed counter-sanctions that hurt Italian cheese and produce exports to Russia, the already weak southern EU economies have suffered tens of billions in lost trade with the Eurasian giant to the east, while Germany has continued to experience modest growth and increased its Russian gas imports. Now at the very moment the EU core states of France and Germany are making noises about the bloc defying American sanctions being reimposed against Iran, the Italians are forming a new governing coalition that is calling for dropping the European Union’s trade restrictions with Russia…

Read More