Florida GOP Senator Marco Rubio took note of the announcement that a number of nations around the globe, including some very powerful ones, are planning to go off the petrodollar and use other currencies as international mediums of exchange. If that happens, Rubio observes, the United States will lose virtually all its ability to threaten and otherwise terrorize “rogue” states with economic sanctions.
Yanis Varoufakis On 23rd October, Yanis Varoufakis testified in front of the Jury of Conscience in the context of the Gaza Tribunal. His speech focused on the economic forces underpinning the genocide of the Palestinian people. In particular, he spoke on the manner in which capitalist dynamics have historically fuelled the white settler colonial project and, more recently, how the accumulation of a new form of capital - which he calls cloud capital - has accelerated, deepened and amplified the economic forces powering and propelling the machinery of genocide.
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