Interview: Latin America in the New Global Economy Amid Ukraine Conflict
Kawsachun News spoke to Ecuadorian economist Juan Fernando Terán on April 2 about Western sanctions, the Ukraine war and how Latin America can protect its economy.
Kawsachun News spoke to Ecuadorian economist Juan Fernando Terán on April 2 about Western sanctions, the Ukraine war and how Latin America can protect its economy.
Only a handful of European countries have refused to impose sanctions on the Russian Federation after the United States called for them once Moscow’s “special military operation” in Ukraine began on February 24. Serbia is one such outlier. As a result, the West is pressuring the Balkan nation to change its foreign-policy vector and pick a side in the Russo-Ukrainian conflict, reports Nikola Mikovic.
With Russia recognizing on February 21 two breakaway republics in Ukraine’s Donbass region, war between Russia and U.S.-backed Ukraine appears closer than ever. However, such an escalation means Europe is bound to face an energy crisis, as sources of oil and gas remain too small or unreliable to meet its needs, writes Nikola Mikovic.
China and Russia see the West’s actions in both eastern Europe and Taiwan as the West working against their ambitions, writes Vijay Prashad.
Markets do not solve the problem of energy pricing. What is required is planning and long-term investments in infrastructure, writes Prabir Purkayastha.
Pressure from the United States is going to ensure that the only realistic outcome of negotiations is continued Moroccan control of Western Sahara. All parties involved in the conflict are readying for battle. Far from peace, the Abraham Accords are going to accelerate a return to war in this part of Africa, writes Vijay Prashad.
Copyright Toward Freedom 2019