Peru is to sign a memorandum of understanding to join China’s Belt & Road international infrastructure initiative, Beijing’s ambassador to Lima said. The announcement coincided with a Beijing summit to promote the initiative, also known as the New Silk Road, where Peru’s trade minister stated that a revision of Lima’s Free Trade Agreement with China will be implemented next year. These announcements come amid growing environmentalist concern over the Hidrovía Amazónica, a Chinese-backed mega-project aimed at further opening Peru’s eastern rainforests to resource exploitation. (Photo: Segundo Enfoque)
The Solomon Islands' Prime Minister Rick Hou is threatening to "blacklist" the companies involved in a 100-ton oil-spill near a UNESCO World Heritage Site. "The impact on the marine life and the coral is already massive with much of it irreversible," he said. The bulk carrier MV Solomon Trader ran aground a month ago off Rennell Island, while loading bauxite ore in a cyclone. Because of the storm, it took salvage crews several days before they could reach the stricken craft. Compounding the damage, Indonesian-owned Bintan Mining, which chartered the vessel, continued to operate as the oil flowed into the sea, with other ships maneuvering around the wreckage, churning up the oil. Rennell Island, known locally as Mugaba, is home to some 1,840 people, who overwhelmingly rely on fishing for their livelihood. The World Heritage Site covers the world's largest coral atoll. (Photo via Radio Australia)
US senators Ted Cruz, Bob Menéndez and Dick Durbin introduced a resolution calling on Bolivia's President Evo Morales not to stand for re-election this October. Cruz said Bolivia is going in a "very dangerous direction, aligning itself with illegal and illegitimate regimes, including that of [Nicolás] Maduro in Venezuela. It is important that all parties respect the constitution of Bolivia, which includes term limits." Bolivia saw a wave of strikes and protests after a December ruling by the country's Supreme Electoral Tribunal allowing Morales to run for a fourth consecutive term in the 2019 election. The resolution comes just as Bolivia has announced a new partnership with Chinese company Xinjiang TBEA Group to exploit the country's valuable and largely untapped lithium deposits. China has for years been seeking deals to exploit Bolivia's strategic lithium reserves, in what some see as a global design to establish a "stranglehold" on the planet's rare earth minerals. (Photo via NACLA)
Announcement of a joint Chinese-Argentine satellite production company comes amid growing concern within Argentina about activities at the Chinese-operated "spaceport" at Bajada del Agrio in Patagonia—and the apparent role of the People's Liberation Army in the facility. The Bajada del Agrio facility played a part in tracking China's recent lunar probe, but is overseen by companies that answer directly to the PLA's General Armaments Department. Only personnel authorized by Beijing have access to the facility, arousing much suspicion about the site in Argentina's news media. (Photo via InfoBae)
A court in Honduras convicted seven men in the 2016 murder of indigenous rights activist Berta Cáceres. Until her assassination Cáceres had been leading a campaign against the Agua Zarca dam, a joint project by Honduran company Desarrollos Energéticos SA (DESA) and Chinese-owned Sinohydro. The dam was being built on the Rio Gualcarque without prior consultation with the Lenca indigenous community that depends on the river for their food and water. Cáceres, who won the prestigious Goldman Environmental Prize in 2015, had received numerous threats for her activism against the dam before she was killed by gunmen at her home in the town of La Esperanza. Two of those convicted are former DESA managers. (Photo by UN Environment/ONU Brasil via Wikimedia Commons)
Faced with declining production and economic chaos, Venezuela is again opening its oil-fields to private companies—reversing much of the progress in asserting state control of the hydrocarbons industry that was made under Hugo Chávez. Just after a series of new contracts with private firms was announced, President Nicolás Maduro flew to Beijing for a meeting with Xi Jinping. The two leaders announced further deals to open Venezuela's Orinoco Belt to Chinese companies. This comes a decade after Exxon withdrew from the Orinoco Belt, unable to come to terms with the Chávez government. (Photo via OilPrice.com)
In Episode 10 of the CounterVortex podcast, Bill Weinberg notes the re-emergence in the news of three figures associated with the drama that played out over revolutionary Nicaragua in the 1980s. Daniel Ortega, president of Nicaragua then, is again today, and just faced massive protests calling for his ouster. Oliver North, who headed the Reagan White House covert operation to destabilize Nicaragua's Sandinista regime back then, was just named as head of the National Rifle Association. And Luis Posada Carriles the right-wing Cuban terrorist who was part of North's private spy network back then, just died. Historical ironies abound. North, who supported a counter-revolutionary terrorist network in Nicaragua (the "contras"), now baits nonviolent gun-control activists as "terrorists." Ortega, whose government distributed land to the campesinos in the '80s, is now seizing land from campesinos for his monstrous inter-oceanic canal plan. And the conspiracy theory popular among the NRA's white heartland base about the government preparing to disarm the populace and detain resisters in military camps has its roots in the actual FEMA martial law plan drawn up by Oliver North, to be implemented in the event of a US invasion of Nicaragua—with Central American refugees to be detained in military camps. A final irony is the NRA-Russia connection, which comes as Nicaragua is cooperating with a resurgent Russian military presence in the Caribbean. Vladimir Putin recently became the first Russian (or Soviet) leader to visit Nicaragua. So is it possible that we are today so far through the proverbial looking glass that Oliver North and Daniel Ortega are now on the same side? Listen on SoundCloud, and support our podcast via Patreon. (Image: Wikipedia)
Thousands of protesters took to the streets of Lima after Peru's scandal-embattled president Pedro Pablo Kuczynski announced his resignation. Clashes were reported in the city's downtown Plaza San Martín, with tear-gas used and several injured. The resignation came after months of political machinations in Peru's congress had put off Kuczynski's ouster, and the ire of the demonstrators was directed not just at the disgraced "PPK," but Peru's entire political class. The left opposition and trade unions are calling for a constituent assembly to "refound the country and devolve power to the people." The popular slogan heard again and again at the marches is "¡Que se vayan todos!" (Throw them all out!) (Photo: Nuevo Perú)
Human Rights Watch released a report charging that Ecuador's former president Rafael Correa abused the criminal justice system to target indigenous leaders and environmentalists who protested mining and oil exploitation in the Amazon. The report details use of criminal prosecution to silence ecological opposition, and the closure of one environmental organization by presidential order. The report credits new President Lenin Moreno with making positive change, opening a dialogue with environmentalists and indigenous leaders. But abusive prosecutions initiated by his predecessor remain in motion. (Photo: HRW)
We've been told for the past several years now that the depressed oil prices were permanent, thanks to fracking and the surge in US domestic production. Now prices are rising again, due to a convergence of crises in major producers: escalating tensions among the Gulf states, labor unrest in Nigeria, deepening instability in Venezuela. The US was able to contain the price spike after the ISIS irruption in 2014 by boosting its own production. This trick isn't going to work forever.
Peru and Australia signed a free trade pact that does away with 99% of tariffs on imported goods from Australia, while securing Peruvian exports greater access to Australian markets. The Peru-Australia Free Trade Agreement (PAFTA) was signed in Vietnam, at the 25th summit of the Asia-Pacific Economic Cooperation (APEC) forum. Peru's President Pedro Pablo Kuczynski, speaking at the summit, reiterated his support for free trade and warned about the dangers of protectionism–comments seemingly aimed at the Donald Trump administration.
In ominous news for environmental defenders in Peru, the administration of President Pedro Pablo Kuczynski is planning to revise mining regulations to enable the Andean country to overtake its southern neighbor Chile in copper production. Despite higher-grade ores and lower mining costs than Chile, Peru's government says its potential in copper exploitation is being restricted by too much bureaucracy.