The American Trap

The American Trap – My Battle to Expose America’s Secret Economic War Against the Rest of the World. Frédéric Pierucci (with Mathieu Aron). HOdder & Stoughton, London, 2020.

It becomes more clear with more and more readings that the “American trap” is the U.S. dollar, and that for some it is no secret. Frédéric Pierucci’s well written personal story tells how he became a pawn in the greater game of economic control of the world’s finances and the world’s politicians and corporations. This story reminded me of John Perkins’ Confessions of an Economic Hitman in that it is not an academic research paper nor a journalistic exposé, but the story of one person’s journey into the darker side of geopolitical manipulations.

Fatah builds bridges with Syria after rupture with Hamas

A senior Fatah delegation visited Syria, carrying a message from President Mahmoud Abbas to his Syrian counterpart about the need to bring the Palestinian cause back on the table in the run-up to the Arab summit scheduled to take place in Algeria in March.

The Syrian government headed by President Bashar al-Assad continues to adopt a policy of estrangement vis-a-vis Hamas, which has been in place since 2012 when the Islamist movement decided to support the Syrian revolution against Assad’s regime.

Turkish-backed factions wary of jihadi group in north Syria

The opponents of Hayat Tahrir al-Sham are accusing it of trying to wrest control over the areas of the Turkish-backed factions in north Syria, in light of its recent rapprochement with some of these factions.

Tensions between Hayat Tahrir al-Sham, which controls Syria’s northwestern province of Idlib, and Turkish-backed Syrian factions are escalating once again. The Azm Operations Room, which brings together a number of Turkish-backed Free Syrian Army factions, accuses HTS of planning to enter FSA-held areas in north Syria.

Fighting in Yemen’s Marib intensifies amid government advances

Yemen’s bloody war is ramping up once again as the UN warns of dire consequences for civilians.

Fighting is intensifying around the Yemeni city of Marib since government forces captured neighboring Shabwa province last week.

Reuters reported today that a pro-Yemeni government militia backed by the United Arab Emirates known as the Giants Brigade has joined the fight at Marib to push back Houthi rebel forces attempting to capture the oil-rich enclave.

SDF hands over 50 Iraqi IS suspects as prison concerns mount

The SDF has transferred another group of IS suspects with Iraqi nationality but arrested in Syria, alongside some of the thousands of Iraqis in al-Hol camp, to Iraq as the potential for jailbreaks remains high.

Fifty Iraqi men suspected of belonging to the Islamic State (IS) and who had been captured in northeastern Syria were handed over to the Iraqi authorities Jan. 8 at the country’s northwestern border crossing of Rabia.

Oil prices reach highest point in seven years

High oil prices are a victory for Saudi Arabia, but a blow to the United States and China.

Oil prices reached their highest point since 2014 today.

The price of Brent crude opened above $87 a barrel. Brent crude is widely considered the benchmark for global oil prices.

Turkey aims to keep tensions high in northeast Syria through targeted killings

In retaliation for a mysterious explosion along the Turkish-Syrian border, Turkey hit several Kurdish positions in the predominantly Kurdish town of Kobani in an attack that the Kurds call a “war rehearsal” aiming to test the water.

Turkey appears to be aiming to maintain high tensions in northeast Syria through a series of Turkish drone strikes targeting senior Kurdish figures.

The Hidden Toll of Sanctions

Why Washington Must Reckon With the Devastating Inflation Its Policies Cause

Around the world, governments are grappling with inflation as supply chain disruptions and the ongoing effects of the COVID-19 pandemic contribute to higher prices for all types of goods. Western politicians have spent the last few months trying to assuage the fears of their constituents, who are unaccustomed to fast-rising prices. Just before Thanksgiving, U.S. President Joe Biden promised “coordinated action … to deal with the lack of supply, which in turn helps ease prices.” French President Emmanuel Macron promised a cash handout to French citizens to ease the pain. British Prime Minister Boris Johnson has told Britons to get tough as there is “no alternative” to inflation.

America Has No Good Options on Iran

Iran is closer than ever to being able to build a nuclear weapon. After President Donald Trump pulled out of the 2015 nuclear deal, Tehran began enriching uranium to higher levels and stockpiling more of it. As a result, Iran now has the capacity to make enough fissile material for a nuclear bomb in less than a month—compared with the roughly one year it would have needed to do so before the United States quit the nuclear accord in 2018.

Iran’s leaders and President Joe Biden’s administration both say they want to return to the 2015 deal, but the parties remain far apart on what nuclear steps or sanctions relief should come first and how far-reaching those steps would need to be. Every day that the talks drag on without resolution, Iran’s centrifuges keep spinning; in late December, European governments warned that “weeks, not months,” remained before restoring the old deal would no longer be possible.

Time for NATO to Close Its Door

The NATO alliance is ill suited to twenty-first-century Europe. This is not because Russian President Vladimir Putin says it is or because Putin is trying to use the threat of a wider war in Ukraine to force neutrality on that country and to halt the alliance’s expansion. Rather, it is because NATO suffers from a severe design flaw: extending deep into the cauldron of eastern European geopolitics, it is too large, too poorly defined, and too provocative for its own good.