Economic Coercion

Ukraine Rejects US $500 Billion Minerals Deal Demand

Ukraine’s firm rejection of a US demand for a staggering $500 billion fund tied to a minerals deal underscores a deep chasm in trust and understanding between the two nations. This isn’t just about money; it’s about sovereignty and the very nature of international relations. The proposed deal, framed by some as a lucrative opportunity, is viewed by Ukraine as a blatant attempt at economic coercion, a direct violation of the spirit – and perhaps the letter – of the Budapest Memorandum on Security Assurances. This agreement, signed in 1994, specifically pledged that the US, UK and Russia would refrain from using economic pressure to influence Ukraine’s sovereign decisions.… Continue reading

Trump Threatens Canada with Economic Warfare: Annexation Attempt Sparks Outrage

President-elect Trump reiterated his desire for a U.S.-Canada merger, threatening economic coercion if necessary, citing alleged substantial U.S. subsidies to Canada and significant trade deficits. Prime Minister Trudeau firmly rejected this notion, stating that such a merger is impossible. This stark contrast highlights escalating tensions between the two nations, particularly concerning trade and the potential imposition of U.S. tariffs on Canadian goods. President Biden, in contrast, praised Trudeau’s leadership and the strength of the U.S.-Canada alliance.

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