crisis of capitalism

Puerto Rico governor approves statehood poll

Puerto Rico Governor Ricardo Rosselló on Feb. 3 approved a law (PDF) calling for a non-binding referendum on statehood for the US territory. The referendum, to be held in June, will allow the voters to choose between statehood, independence or "free association." Those in support of statehood believe it could help Puerto Rico restructure its $70 billion in public debt and stave off further federal austerity measures. If approved, statehood would allow Puerto Rico to receive $10 billion in federal funds per year, as well as allowing government agencies and municipalities to file for bankruptcy. Rosselló called the vote "a civil rights issue" and said the US will have to "respond to the demands of 3.5 million citizens seeking an absolute democracy." Puerto Rico's citizenry is currently denied many of the benefits of citizens of US states, including equal access to Social Security and Medicare, despite paying taxes for these services. In addition, Puerto Rico's representative in Congress, Jenniffer González, is only allowed to vote in House committees in which she is a member.

Iran bank drops dollar amid new sanctions

At the order of President Trump, US Treasury Department on Feb. 3 placed sanctions on 25 individuals and companies connected to Iran's ballistic missile program or providing support to Iran's Islamic Revolutionary Guard Corps' elite Qods Force. The sanctions came two days after after Tehran conflrmed the Jan. 29 test launch of a Khorramshahr medium-range ballistic missile from its base at Semnan. The IRGC statement said that the test did not violate the nuclear deal that took effect last year. The missile apprently flew 600 miles before exploding, in a failed test of a re-entry vehicle. "As of today, we are officially putting Iran on notice," National Security Advisor Michael Flynn said in response to the test. (Jurist, Tehran Times, NCRI, 38North, The Naitonal Interest, NYT, Fox News)

'Gasolinazo' protests rock Mexico

Several states across Mexico have been shaken by days of angry protests in response to a jump in the price of gasoline sparked by a new deregulation policy. Protests, road blockades and civil strikes are reported from 12 states since the new policy was instated Jan. 1. Looting was reported in Hidalgo, Veracruz and México states, with over 350 stores sacked. Several federal police agents were briefly taken hostage by protesters when they tried to break up a roadblock in Ixmiquilpan, Hidalgo. Two protesters were killed in the Ixmiquilpan clash, while one Federal District police officer is reported dead in rioting on the outskirts of Mexico City. Police also fired in the air to scatter protesters in Ecatepec, México. Nearly 900 have been detained nationwide. (Sol de Mexico, Jan. 6; Animal Politico, Jan. 5; Apro, Jan. 4)

Emir of Kuwait dissolves parliament

The Emir of Kuwait, Sheikh Sabah al-Ahmad al-Sabah, issued a decree to dissolve the parliament on Oct. 16. The decision was made due to "mounting security challenges as well as volatile regional developments." As of late, tension has been rising between the government and parliament, as parliament members sought to question government leaders regarding a decision to increase petrol prices and other alleged financial and administrative violations. Kuwait has been under increasing pressure as global oil prices have dropped, forcing the country to cut back on numerous subsidies, causing civil unrest. In addition, Kuwait has faced threats of attack by ISIS.

Bolivia: police clash with striking workers

At least nine were injured, including four police, and some 30 detained when security forces clashed with unionists of the Bolivian Workers Central (COB) blocking a highway through Cochabamba department June 30. The action was part of a 72-hour strike called to oppose the government closing of the state textile firm Enatex. National Police troops used tear-gas to break up the roadblock, and protesters responded with rocks and clubs. The COB has repeatedly called general strikes in recent weeks to demand the government annul the decree liquidating the firm and dismissing 850 workers. The COB supported President Evo Morales when he too office in 2006, but now accuses him a "neoliberal" economic policy. Morales has declared the strike "illegal," saying that only 180 of the dismissed workers are refusing to accept severance pay, and "for this number, they cannot paralyze the country." (InfoBae, Bolivia Prensa, June 30)

Break-up of United Kingdom impending?

A sadly hilarious story in the Washington Post today headlines: "The British are frantically Googling what the EU is, hours after voting to leave it." A majority of Great Britain's voting public voted for the "Brexit" yesterday, apparently without even understanding exactly what it is they were voting to leave, and now may now be feeling some morning-after buyer's remorse. Prime Minister David Cameron, who cynically called the vote in a play to the populist right even as he urged rejecting the exit from the European Union, will now step down—and may go down in history as the man who oversaw the beginning of the dissolution of the United Kingdom, two centuries and change after its creation. Most obviously, Scotland overwhelmingly voted to stay in the EU, and the Brexit is now reviving calls for its secession from the UK. Scottish First Minister Nicola Sturgeon has already announced that it is "democratically unacceptable" that Scotland will be taken out of the EU against its will, and that a second independence referendum is "highly likely." (The Independent)

Bolivia: labor unrest rocks La Paz

Riot police clashed with protesting laid-off workers in Bolivia's capital May 17, during a march against the government's decision to close the country's largest state-run textile company, ENATEX. Three people were hurt, including a protester who lost his hand while preparing to hurl a stick of dynamite. At least 20 were arrested after some 5,000 workers marched on the ENATEX factory in the Villa Fatima district of La Paz. Protesters took over the ENATEX offices, and police used tear-gas to prevent workers from occupying the factory itself. More than 800 people were laid off when President Evo Morales liquidated the foundering parastatal this week. Morales' administration bought the company in 2011 to save it from bankruptcy. The march was organized by COB, Bolivia's general labor federation, which threaetened solidarity actions in other sectors and cities if the arrested workers were not released. (El Deber, Santa Cruz, May 18; AP, TeleSur, May 18)

A 'New Oil Order'?

Michael T. Klare has a piece on TruthDig about last month's OPEC meeting in Doha, Qatar, where high expectations of a boost to chronically depressed prices were dashed: "In anticipation of such a deal, oil prices had begun to creep inexorably upward, from $30 per barrel in mid-January to $43 on the eve of the gathering. But far from restoring the old oil order, the meeting ended in discord, driving prices down again and revealing deep cracks in the ranks of global energy producers." Klare acknowledges the geopolitical factor in keeping prices down: "Most analysts have since suggested that the Saudi royals simply considered punishing Iran more important than lowering oil prices. No matter the cost to them, in other words, they could not bring themselves to help Iran pursue its geopolitical objectives, including giving yet more support to Shiite forces in Iraq, Syria, Yemen, and Lebanon." But he sees market forces and the advent of post-petrol technologies as more fundamental...

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