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Tired of US “aid” (exploitation), Africa and Global South look to China

How much can Raytheon, Mastercard, Nokia, Monsanto and the like be trusted to invest in long-term outcomes in the global South? When you see the actors behind U.S. ‘aid and development’ in Africa, is it any wonder that African leaders would look for any other partner to work with? by Jim Carey Part 1 There has been a growing focus on the economic development underway in Africa. There is a reason behind this seemingly new interest of Western powers in events happening in Africa, and the reason is simple: China is a new power dominating business on the continent and has clearly caught the West’s attention. China now has partner nations spanning the entire continent from Mauritania to South Africa, in a growing number of relationships that challenge the perceived hegemony of the triumvirate of Western capital, military, and NGO operations. This is making the U.S. nervous, as more African nations begin to see China as the better choice as an economic partner, due

The US Treasury accidentally reveals that CryptoCurrencies will help countries to overcome Western sanctions!

globinfo freexchange After some of the top Wall Street 'gurus' made a series of aggressive statements against Bitcoin, the panic of the Western monetary monopoly against the perspective of Bitcoin and other CryptoCurrencies was officially verified through the US Treasury! As reported by TeleSur : The US Treasury Department has red-flagged Venezuela's "Petro" cryptocurrency, warning investors in the United States that engaging with the currency might prove a legal liability because of sanctions in place against the Latin American nation. " Available information indicates that, once issued, the Petro digital currency would appear to be an extension of credit to the Venezuelan government, " a Treasury spokesman told Reuters on Tuesday. Any such transactions could be a violation of sanctions that prohibit new debt from the Venezuelan state or its state oil company PDVSA, he said, noting: " The Venezuelan Petro currency could t

German far-right ‘Reich Citizens’ planning own army, preparing for 'Day X'

Germany’s far-right Reichsbuerger movement has grown to almost 16,000 members, while some of them are eying their own armed wing and are preparing for 'Day X', Focus magazine reports, citing intelligence sources. The stunning revelation came into the spotlight earlier this week after Germany’s Focus magazine published a report citing an assessment of the domestic intelligence agency, the BfV. Responding to Focus’ request for comment, the BfV, the agency in charge of monitoring extremist groups threatening constitutional order, said the number of Reichsbuerger (Citizens of the Reich in German) members had grown to 15,600 as of January – with the figure marking a dramatic increase of more than 50 percent within one year. The highest number of extremists is in Bavaria, where the authorities recorded about 3,500 “Reich Citizens.” The former hotbed of German Nazism is followed by the state of Baden-Wuerttemberg with 2,500, and North Rhine-Westphalia with 2,

Bitcoin crashes below $10,000, losing over half its value since last month’s record

The world’s most valuable cryptocurrency, bitcoin, has lost over half its value since it smashed the $20,000 barrier in mid-December. The price of the cryptocurrency dropped to $9,555 at 15:00 GMT on Wednesday. “ The cryptocurrency market is experiencing a serious attack from speculators, ” Gleb Zadoya, head of analytics at Analitika Online said in email comments to RT. “ The reason for the sell-off are reports on the strengthening of regulation by the Chinese and South Korean authorities. After that, the exchange rate of many cryptocurrencies fell below important psychological levels .” On Tuesday, an official from the People's Bank of China said the country's centralized virtual currency trade needs to end, Reuters reported. National and local authorities should ban venues that provide centralized trading of virtual currencies, including the largest one, bitcoin, PBOC Vice Governor Pan Gongsheng was quoted as saying. “ The financial wo

Χίλιες ημέρες πολέμου με πέντε χιλιάδες νεκρά παιδιά στην Υεμένη

Η Σαουδική Αραβία μαζί με τις δυτικές δυνάμεις που υποστηρίζουν τον πόλεμο κατά της Υεμένης έχει σκοτώσει και τραυματίσει περισσότερα από 5 χιλιάδες παιδιά από το Μάρτιο του 2015 μέχρι σήμερα, σύμφωνα με στοιχεία που παρουσιάζει σε έκθεσή της η Unicef. Η οργάνωση υπολογίζει ότι στην Υεμένη πέντε παιδιά τραυματίζονται ή χάνουν τη ζωή τους κάθε μέρα και μία ολόκληρη γενιά μεγαλώνει μέσα σε περιβάλλον απόλυτης βίας. Περισσότερα από 11 εκατομμύρια παιδιά, δηλαδή σχεδόν όλα τα παιδιά της Υεμένης, έχουν ανάγκη για ανθρωπιστική βοήθεια προκειμένου να επιβιώσουν. Συγκεκριμένα, ζώντας σε συνθήκες ακραίας φτώχειας υποσιτίζονται 1,8 εκατομμύρια παιδιά, από τα οποία οι 400 χιλιάδες υποφέρουν από οξύ υποσιτισμό. Ταυτόχρονα, περισσότεροι από το 50% των ανηλίκων δεν έχουν πρόσβαση σε πόσιμο νερό. Αποτέλεσμα των συνθηκών αυτών είναι η καθυστερημένη ανάπτυξη του μισού παιδικού πληθυσμού της Υεμένης. Η επιδημία χολέρας των τελευταίων μηνών έχει πλήξει κυρίως τα παιδιά, αφ