by Peter Koenig
Peter Koenig is an economist and geopolitical analyst.
He is also a water resources and environmental
specialist. He worked for over 30 years with the World
Bank and the World Health Organization around the world
in the fields of environment and water. He lectures at
universities in the US, Europe and South America. He
writes regularly for Global Research; ICH; New Eastern
Outlook (NEO); RT; Countercurrents, Sputnik; PressTV;
The 21st Century; Greanville Post; Defend Democracy
Press; The Saker Blog, the and other internet sites.
comes a time
around in circles
just hits walls,
bullets splinter off sidewalks,
and shatter a
window here and there.
But people are
They watch from
Venezuela has received five tankers from Iran loaded with
hydrocarbons - petrol gas, additives - shipped through a totally
US-militarized Caribbean Sea, amidst warnings of attacks and
retaliations - and as usual, sanctions 'no end'.
How much more sanctions
can a country get?
There is an immune system, called sovereignty and
fearlessness - confidence and dignity. Knowing
That's what makes the
Granted, the tankers were escorted by the Venezuelan Navy and Air
Force; especially through Venezuelan waters. And they made it
undisturbed to the port of El Palito, a small Venezuelan port run by
Venezuela's state oil company PDVSA.
The American shooting didn't take place and the event was not
Another aggression against Venezuelan sovereignty is the Bank of
England's withholding totally illegally some US$ 1.2 billion worth
of Venezuelan gold, deposited voluntarily by Venezuela in times of
trust - as part of Venezuela's reserve funds.
With oil prices
collapsed, Venezuela decided to use part of her gold reserves to
purchase medication and food to counter the disastrous corona
Venezuela claimed the gold deposited at the Bank of England
(BoE) which offers gold custodian services mostly but not
exclusively to developing nations.
And so, does the New York
FED and the Bank for
International Settlements (BIS)
in Basle and several other international institutions and central
banks considered 'safe' and 'trustworthy'...
These are legal
arrangements under which the depositing country may withdraw the
funds at any time and at will.
Venezuela has a sovereign right to claim these funds without any
explanation or justification. The BoE refused, claiming the
Government of Nicolas Maduro was not the legitimate
government 'recognized' by the UK.
Can you imagine - if any
government decides to confiscate funds from another government,
because they don' like its leadership - where would we end up?
Well, there is not much
guessing. We are already there...
The Anglo-Zionist world
makes its own rules and decides over and above any international
law. And the spineless European puppets follow their cue.
It is high time that this
matrix collapses and gives way to a civilization that recognizes the
values of democracy, justice, basic ethics and human rights.
In this case,
Venezuela explained that the money
is needed to buy food and medication to counter the nefarious
The UN, intervening on
behalf of Venezuela, has requested the BoE to return the money. That
gesture or action by the UN is in itself an act of ‘independence' by
the UN against the US, for whom the UN otherwise does the bidding.
But to no avail...
The BoE didn't release
the Venezuelan-owned gold.
As a compromise,
Venezuela suggested that the funds be handed over to UNDP (United
Nations Development Program) which would buy vital food and
medication for Venezuela.
Already at the end of 2018, Venezuelan Finance Minister Simón
Zerpa and Central Bank President Calixto Ortega,
travelled to London to demand that Venezuela be allowed to take the
gold back to Venezuela.
In January 2019, the BoE
refused the request. All it said publicly was that it did not
comment on customer relationships...
However, the real reason
The US-trained and
self-proclaimed, US supported Juan Guaido, an Assembly
member, who was never elected - who never faced a presidential
election - asked Downing Street that the gold was not returned
to the legitimate Maduro Government which Washington, the UK and
other EU members, out of the blue and without any legal reasons
What a world...!
Imagine that some 40 or
50 countries in the world would decide that Donald Trump and
Angela Merkel were illegitimately in their high offices.
Well, you laugh. It would never happen...
Under pressure from Washington, and her own neofascist government,
the UK and her central bank didn't budge. The case was brought on
May 14, 2020, to a Court in London.
judgment is however unlikely. The case will then go to the
International Court of Justice (ICJ) in The Hague.
Will the ICJ have enough
backbone to decide against Washington? That remains to be seen. It
would be another sign that Trump's last trumps are gone.
On yet another account, the
Administration has seized all Venezuelan assets in the
US, including in 2018, the CITCO refinery and gas station network,
in a further attempt to hurt their self-made archenemy, socialist
CITCO's assets in the
United States, are estimated at about 8 billion dollars, plus
about 30 billion dollars of annual revenues.
CITCO covers about
10% of the US domestic gasoline market.
Overall Venezuelan assets
confiscated - or more accurately described as stolen - in the US and
overseas are estimated at about 50 to 70 billion dollars.
In addition to other strangulating sanctions and coercive actions by
Washington against Venezuela, just think what these illegally
US-appropriated funds could do to ease living conditions of
Venezuelans whose hardship has exclusively been brought about by
Washington and Washington's coercion of its so-called western allies
- alias vassals, especially Europe - to economically sanction
A hardship being
exacerbated by the Covid-19 crisis.
Mind you, Venezuela has
done no harm, has never threatened any of the countries that follow
the US dictate on "economic sanctions".
Yet, through this all, Venezuela remains calm, non-aggressive,
non-conflictive, self-assured and survives; and Venezuela has
actually mastered the Covid-crisis better than most of Latin
According to WHO, as of 4
June Venezuela registered 1819 confirmed cases and only 18 deaths.
of resistance and self-determination is extraordinary.
It is THE recipe for
success and for overcoming western oppression.
This autonomy and Iran's
undisturbed solidarity and sovereign action to help Venezuela with
oil tankers despite the US threats, are signals to the world that
Washington's empire is crumbling...
Or, as Andre Vltchek pointedly says in his article about the
brutal police murder of Mr. George Floyd,
"The World Cannot
Breathe!" Squashed by the U.S.
"A Country Built on
Genocide and Slavery: Now more and more people can finally see
what few of us have been repeating for years. The entire world
has its neck squashed by the U.S. boot.
The entire world
'cannot breathe'! And the entire world has to fight for its
right to be able to breathe!"
Let's add to this:
And the entire world
is no longer afraid to stand up and defend and fight for their
This "fight" is
increasingly a battle of the 99 % against
the 1% - the rich and powerful
wanting to control ever more of the globe's resources.
With every day this battle is turning more in favor of We, the
The worldwide corona-lockdown and the social and economic calamity
of uncountable unemployment, famine and misery - unheard of in human
history - is unwittingly inciting billions of victims worldwide into
an important awakening, of which the masters behind this nonsensical
lockdown, behind the power and control thirst - the
Rothschilds, et al, are possibly
not aware of.
The ruthless killing of George Floyd has set in motion a
series of riots throughout the US - affecting some 150 US-cities.
These unrests will likely gain their own dynamic, as the wave
spreads to Europe and possibly also to the Global South.
While the generous financiers of
Black Lives Matter (supported
by the Ford Foundation and
Soros) and other protest
organizations may have as a clear objective, namely the outright
"Militarization of the West", the dynamics of an awakened people may
potentially derail this diabolical project and ring in a new set of
The resisting forces and perseverance of the people of,
...have magical power.
Never mind the physical losses,
of stolen assets
humiliation by the neoliberal western alliance breaching
contracts and agreements at will, i.e. the Iran Nuclear
Deal, several disarmament agreements with Russia,
...and more, the new wave
of spiritual and universal
consciousness gains, far outpace
The forces of Light may overcome the Darkness which has engulfed
humanity over the last 5,000 years - laying the foundation for a new
society with values of equality and peace for a common future for