Trump pledges $20B to Argentina, threatens to cut aid if country votes left

Spread the love

Original article by Pablo Meriguet republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

President Donald J. Trump and President of Argentina Javier Milei at the White House on Oct 14. Photo: White House

The Milei-Trump meeting secured a USD 20 billion financial bailout for Argentina’s unstable economy. Trump made future aid conditional on Milei winning the upcoming elections.

On October 14, Argentina’s right-wing president, Javier Milei, met with his US counterpart, Donald Trump in Washington. Milei, who arrived in the US capital in the early hours of the morning, hoped to secure a strategic financial bailout of almost USD 20 billion that Trump would sponsor to stabilize the economy, which has been struggling under Argentina’s libertarian government.

Traveling alongside Milei were Karina Milei, the president’s sister and secretary general of the presidency; Patricia Bullrich, minister of security; and Santiago Bausili, head of the Central Bank. Among the topics discussed were the trade relationship between the two countries and China’s influence in Argentina.

Trump saves Milei

“Today we directly purchased Argentine pesos,” said US Treasury Secretary Scott Bessent in a post on X on October 9

He described Argentina’s economic crisis as a “moment of acute illiquidity” in an otherwise “prudent financial strategy” that only the United States can and must save from collapse. 

The South American nation has “strong economic fundamentals” and the structural reforms already underway will “generate significant dollar-denominated exports and foreign exchange reserves,” Bessent said. 

The treasury secretary noted that the IMF also supports Milei’s economic policy.

Additionally, Bessent affirmed: “We have finalized a USD 20 billion currency swap framework with Argentina’s central bank. The US Treasury is prepared, immediately, to take whatever exceptional measures are warranted to provide stability to markets. I emphasized to Minister Caputo that President Donald Trump’s America First economic leadership is committed to strengthening our allies who welcome fair trade and American investment … The Trump administration is resolute in our support for allies of the United States, and to that end, we also discussed Argentina’s investment incentives and US tools to powerfully support investment in our strategic partners.”

Thus, the United States hopes to save the Argentine economy, which – despite the promises of Milei, an economist who for years has become an ideologue of the most radical neoliberalism – is faltering due to a lack of dollars. The orthodox program of reducing the size of the state, privatizing public companies, and cutting back on public policies has managed to improve certain economic indicators, such as the fiscal deficit, but for now it has run into a snag that, apparently, only the prodigious help of the United States can save.

Argentina has lost a large amount of money, causing several investors to begin selling their assets and, consequently, triggering a crisis of monetary illiquidity. With the agreement, Milei secures a historic injection of dollars that the IMF could not have offered him so quickly, considering that last April it already loaned Buenos Aires several billion.

Read More: Milei takes on USD 20 billion in IMF debt and lifts the exchange rate cap

Help or blackmail?

This is of particular interest in view of the upcoming elections in Argentina on October 26; it should not be forgotten that Milei’s party already lost the last elections to Peronism (likely the most significant political force in Argentina over the last 70 years based on social justice, nationalism, and sovereignty) by a landslide. This was acknowledged by President Trump himself at a bilateral press conference, who made future economic aid conditional on Milei’s election victory: “The elections are coming very soon, and it is a very big election that will be watched by the world because [Milei] has done an incredible job, and with that comes some pain. I think the victory is very important … If a socialist, or in the case of New York City, a communist, wins, you feel a lot different about making an investment … If Milei doesn’t win … we will not be generous with Argentina if that happens.”

Trump has received heavy criticism for sponsoring Milei’s bailout, especially from some of his supporters who hoped that the slogan “America First” would materializein an opposite scenario. In addition, several US farmers have complained about Trump’s support, as Argentine soybeans compete with their production and, with this agreement, large landowners based in Argentina could benefit.

For his part, Milei, who has aligned his foreign policy almost mimically behind Washington’s, posted on X: “Thank you very much, President Trump, for receiving me at the White House. Since before becoming president, I have maintained that the Argentine Republic should be a strategic ally of the United States of America, and now that the Argentine people have entrusted me to guide the destiny of our country, fulfilling that promise is another step in the direction we set out on December 10, 2023: Make Argentina Great Again (MAGA). The support that you and your great country have given us is vitally important for the continuity of the long road of reforms we have embarked upon. Argentines know that the world’s leading power will continue to support us unless we return to populism. The situation is crystal clear: if the country strays from the path of freedom and returns to populism, the United States will cease to support our country. Otherwise, they will continue to stand by us.

Without a doubt, Milei’s hope is that long-awaited economic stability will translate into political stability that will allow him to get through the upcoming elections. However, this will be difficult for the government, given the latest polls showing growing discontent among the population over the rising cost of living, the latest corruption scandals (involving Milei’s own sister), and spending cuts that are already affecting millions of students, retirees, single mothers, etc.

Thus, Milei has bet big on Washington, just as Trump and his administration have bet big on the libertarian president. It will soon become clear whether this bet will allow Washington to maintain a totally loyal ally in South America or whether, on the contrary, Milei’s neoliberal project will be undermined by Argentina’s social and economic reality.

Original article by Pablo Meriguet republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Continue ReadingTrump pledges $20B to Argentina, threatens to cut aid if country votes left

Trump’s military escalation against Venezuela repeats the Iraq War blueprint

Spread the love

Original article by Manolo De Los Santos republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

A US Army soldier watching a burning oil well at Rumaila oil field in Iraq in April 2003. Photo: US Navy

With the suspension of dialogue between the US and Venezuela, the sighting of US B-52 bombers in Venezuelan airspace, and the further lethal US strikes in the Caribbean, the US seems to be accelerating its drive towards war with Venezuela

Lee en español aquí

The mood in the Caribbean grows increasingly tense, as the United States intensifies its military threats. Beneath the deceptive shroud of the “war on drugs,” the United States is actively executing a blueprint for military intervention in Venezuela, employing lethal force and projecting power in a manner that legal institutions and regional leaders have condemned as a profound threat to international order. This aggression is not a law enforcement operation; it is the negation of law, a neocolonial revival of the Monroe Doctrine, designed to shatter the sovereignty of Venezuela, seize control of the world’s largest oil reserves, and install a compliant regime.

A license to kill: the precedent of state murder

A chilling adoption of extrajudicial violence has marked the current escalation. The Trump administration has ordered unilateral military strikes against private vessels near the Venezuelan coast, allegedly to stop drug trafficking. To launch these alarming attacks, the US military has deployed a massive naval force of warships, drones, and special operations forces.

These strikes have resulted in the summary execution of at least 27 people as of recent reports. The most recent lethal strike in the Caribbean resulted in the “elimination” of 6 more people. This is not law enforcement; it is extrajudicial murder and a campaign that now stands as part of a war plan against Venezuela. The administration has characterized the victims, without credible proof, as drug traffickers and “terrorists,” a claim that, even if true, provides no legal authority for the US president to execute whomever it decides.

Read more: Trump chooses war over diplomacy in the Caribbean

Legal and human rights organizations have been unequivocal in their condemnation of this profound and dangerous policy, which replaces established law enforcement procedures with premeditated lethal force. The New York City Bar Association (NYCBA), a key voice on international legal ethics, has strongly denounced these actions. The NYCBA stated explicitly that “Because the recent attacks on Venezuelan vessels and their crews were unauthorized by US law and in violation of binding international law, they were illegal summary executions – murders.” They further argued that these actions violate the fundamental international principle that “No one shall be arbitrarily deprived of his life” under the International Covenant on Civil and Political Rights.

The US government possesses ample legal authority for the Coast Guard to interdict and search vessels suspected of carrying narcotics, followed by prosecution in US courts according to due process requirements. However, in the case of the Venezuelan vessels, the Coast Guard’s Congressionally authorized police function was bypassed; instead, the crews were simply targeted and executed by overwhelming military force. Regional leaders, including Colombian President Gustavo Petro, have condemned the extrajudicial killings, highlighting the profound anxiety across Latin America over a return to unilateral US military action under the cover of anti-narcotics policy.

Read more: Trump’s smokescreen on Venezuela: Exposing the “narco-state” accusation

Escalation: B-52s and the threat of war

Beyond the lethal strikes, the US government has engaged in significant military posturing that amounts to a direct challenge to Venezuelan sovereignty. The sighting of US B-52 bombers in Venezuelan airspace, flying in close range, is a significant escalation. This warmongering has nothing to do with the “war on drugs” and everything to do with regime change to plunder Venezuela’s oil. This reckless push for war is a criminal act of international aggression.

The Trump Administration’s unilateral drone strikes in the Caribbean, combined with the White House’s termination of all negotiations with Venezuela, appear as a precursor for a full-scale regime change operation. This is a critical moment. We must sound the alarm: there is a risk of a new, catastrophic conflict in the region.

The US government’s own officials continue to escalate the crisis with bellicose rhetoric and actions. Secretary of State Marco Rubio, a key architect of the regime-change policy, has consistently refused to rule out a military option, asserting that the Maduro regime has become a “threat to the region and even to the United States.”

Venezuela’s response has been one of principled defense of its sovereignty. Ambassador to the UN, Samuel Moncada has repeatedly sounded the alarm on the global stage, arguing that the US military deployment in the Caribbean is a massive propaganda operation that seeks “excuses to fabricate a conflict” to seize the country’s oil wealth. Moncada affirmed that, “The United States believes that the Caribbean belongs to it because it has been using the expansionist Monroe Doctrine for over 100 years, which is nothing more than a remnant of colonialism.”

President Nicolás Maduro has called on Washington to resume dialogue, stating, “Our diplomacy isn’t the diplomacy of cannons, of threats, because the world cannot be the world of 100 years ago,” while simultaneously mobilizing national defense exercises to ensure the country is prepared for any direct assault. The NYCBA warned that attacks against Venezuelan vessels and reported threats against the Venezuelan government violate the nation’s obligations under the United Nations Charter, with the risk of escalating to open hostilities.

Parallels with the Iraq War: oil, ideology, and deception

The current situation is chillingly reminiscent of the lead-up to the 2003 invasion of Iraq. In that case, the Bush administration justified unilateral action on the basis of “weapons of mass destruction,” but this was a pretext. The true objectives were not limited to oil, but also included achieving profound ideological and political goals – overthrowing a government to reshape Middle Eastern politics and assert dominance.

Read more: In the name of the “War on Drugs”, the US continues to target Venezuelan boats

Washington must learn the lessons of this history. The Bush administration promised a quick victory in Iraq. Instead, the invasions and occupation claimed countless Iraqi lives, resulted in tens of thousands of American soldiers killed or wounded, and destabilized the region. The notion that the US can carry out military invasions into the heart of Latin America without a massive blowback is outlandish.

In the case of Venezuela, the “war on drugs” and the labeling of the government as a “threat” serve as the new rhetorical pretexts. The US interest is multifaceted: it involves securing the world’s largest proven oil reserves and achieving the ideological and political goal of overthrowing a socialist government to assert dominance and reshape Latin American politics. The US seeks to dismantle the Bolivarian Revolution and eliminate a major center of anti-imperialist politics in the hemisphere.

The current escalation is not about law enforcement or counter-narcotics; it is about regime change and plunder. While members of Congress from both Democratic and Republican parties, as well as key voices of public opinion, are increasingly speaking up about the illegality of these strikes and the absence of credible information from the administration, this situation requires much more urgency, once the escalation ladder is climbed, there may be no going back. The international community must recognize this aggressive campaign for what it is: a criminal act of international aggression. The world must stand against this threat of a new, catastrophic conflict.

Manolo De Los Santos is Executive Director of The People’s Forum and a researcher at Tricontinental: Institute for Social Research. His writing appears regularly in Monthly Review, Peoples Dispatch, CounterPunch, La Jornada, and other progressive media. He coedited, most recently, Viviremos: Venezuela vs. Hybrid War (LeftWord, 2020), Comrade of the Revolution: Selected Speeches of Fidel Castro (LeftWord, 2021), and Our Own Path to Socialism: Selected Speeches of Hugo Chávez (LeftWord, 2023).

Original article by Manolo De Los Santos republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Elon Musk urges you to be a Fascist like him, says that you can ignore facts and reality then.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.

Continue ReadingTrump’s military escalation against Venezuela repeats the Iraq War blueprint

Six killed in fifth US airstrike in the Caribbean as Trump doubles down on “narcoterrorist” narrative

Spread the love

Original article republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Screenshot via X

Despite a declassified US intelligence report finding no link between Venezuela’s government and the Tren de Aragua gang, Trump’s campaign of airstrikes in the Caribbean has killed 27 people thus far

US President Trump carried out yet another lethal strike off the Venezuelan coast on October 14, killing six people. In a social media post, Trump claimed the six men killed above the ship were “narcoterrorists,” without providing any evidence. 

This latest airstrike is the fifth of its kind, with world leaders and international activists condemning the Trump policy as a violation of human rights. The death toll of Trump’s strikes against small boats in the Caribbean Sea now stands at 27. 

The airstrikes represent the latest escalation of a tense relationship between the United States and Venezuela. Last week, Trump ordered the termination of diplomacy with Venezuela. Richard Grenell, special presidential envoy, was directed by Trump to halt all diplomatic outreach and talks with Venezuelan President Nicolás Maduro.

On Tuesday, October 14, Trump once again repeated allegations that the Venezuelan government is responsible for introducing gangs into the US. “What they do very well is they send their criminals into the United States, and they send Tren de Aragua.”

The Trump administration has pushed the narrative that Venezuela is a leader in drug trafficking through the groups “Tren de Aragua”, now designated a Foreign Terrorist Organization (FTO) by the Trump administration, and “Cartel de los Soles” as a way to push escalation in the Caribbean Sea and justify Trump’s draconian immigration policies, including justifying massive ICE raids and the illegal deportation of 250 Venezuelans to El Salvador earlier this year.

declassified assessment from the US National Intelligence Council, released in early May 2025, that the Venezuela’s government “probably does not have a policy of cooperating with TDA and is not directing TDA movement to and operations in the United States.”

Original article republished from peoples dispatch under a Creative Commons Attribution-ShareAlike 4.0 (CC BY-SA) license.

Donald Fuhrump says that Amerikkka doesn't bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Donald Fuhrump says that Amerikkka doesn’t bother with crimes or charges anymore, not being 100% Amerikkkan and opposing his real estate intentions is enough.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Orcas discuss how Trump was re-elected and him being an obviously insane, xenophobic Fascist.
Continue ReadingSix killed in fifth US airstrike in the Caribbean as Trump doubles down on “narcoterrorist” narrative

Government told to prepare for 2C warming by 2050

Spread the love

https://www.bbc.com/news/articles/cx24kllyye1o

Getty Images

The UK should be prepared to cope with weather extremes as a result of at least 2C of global warming by 2050, independent climate advisers have said.

The country was “not yet adapted” to worsening weather extremes already occurring at current levels of warming, “let alone” what was expected to come, the Climate Change Committee (CCC) wrote in a letter addressed to the government.

The committee said they would advise that the UK prepare for climate change beyond the long-term temperature goal set out in the Paris Agreement.

The letter came as the World Meteorological Organization (WMO) confirmed that 2024 had seen a record rise of carbon dioxide (CO2) in the atmosphere.

CO2 is the gas mainly responsible for human-caused climate change and is released when fossil fuels are burnt, as well as other activities.

The CCC’s letter came after it had been asked to provide advice on a timeframe for setting adaption scenarios, based on “minimum climate scenarios”.

The increase of CO2 in the atmosphere between 2023 and 2024 was the largest since modern measurements started in the late 1950s, the WMO said.

This follows findings first reported by the Met Office in January.

“The heat trapped by CO2 and other greenhouse gases is turbo-charging our climate and leading to more extreme weather,” said WMO Deputy Secretary-General Ko Barrett.

“Reducing emissions is therefore essential not just for our climate but also for our economic security and community well-being,” she added.

Original article at https://www.bbc.com/news/articles/cx24kllyye1o

Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
Continue ReadingGovernment told to prepare for 2C warming by 2050

Our world is hurtling into climate disaster and what do politicians give us? Oilfields and new runways

Spread the love

https://www.theguardian.com/commentisfree/2025/sep/30/climate-disaster-oilfields-runways-pragmatism-emissions

Fossil Free London protesters on Westminster Bridge, London, demonstrate against drilling at the UK’s largest untapped oilfield, 16 July 2025. Photograph: Leon Neal/Getty Images

The excuse most often provided for turning away from green measures, for expanding fossil fuel production, for ignoring the science, is pragmatism. The idea being that, yes, the climate emergency is serious, but we have to be practical – we have to consider other things too, inevitably ensuring business as usual, protecting the bottom line and keeping consumer capitalism in the fast lane. The fact is that this is dangerous drivel. Pragmatism is only possible when feasible alternatives are available. Where climate breakdown is concerned, there is no alternative. The climate doesn’t recognise pragmatism. We either slash emissions now or we are in deep, deep trouble.

In 2024, the temperature of the planet topped the 1.5C temperature-rise threshold for the first time (since preindustrial times), and according to the UK Met Office, there is a 70% chance that the average temperature rise over the next five years will be above this. A recent report by the UK Institute and Faculty of Actuaries and Exeter University forecasts that a 2C global temperature hike by 2050 would see a 25% collapse in the global economy and 2 billion people dead. This is what the end game of a “pragmatic” climate strategy looks like.

We can no longer pretend that we are sleepwalking into climate catastrophe. We are doing it consciously, with our eyes wide open, and hang the consequences. The truth is that on a rapidly heating planet, a pragmatic approach means that we are playing Russian roulette with all six barrels loaded. The only question is just how big a mess we will make when we pull the trigger.

  • Bill McGuire is professor emeritus of geophysical and climate hazards at UCL and author of Hothouse Earth: an Inhabitant’s Guide

See the original article at https://www.theguardian.com/commentisfree/2025/sep/30/climate-disaster-oilfields-runways-pragmatism-emissions

Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Nigel Farage urges you to ignore facts and reality and be a climate science denier like him and his Deputy Richard Tice. He says that Reform UK has received £Millions and £Millions from the fossil fuel industry to promote climate denial and destroy the planet.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.
Orcas comment on killer apes destroying the planet by continuing to burn fossil fuels.

Continue ReadingOur world is hurtling into climate disaster and what do politicians give us? Oilfields and new runways