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Trump’s brilliant strategy to dismantle US dollar hegemony

Written By: - Date published: 5:05 pm, February 3rd, 2019 - 56 comments
Categories: Deep stuff, economy, energy, Financial markets, Globalisation, Iran, law, military, Privatisation, Propaganda, Russia, United Nations, us politics, war - Tags:

Polymath economist Professor Michael Hudson‘s latest article is a geopolitical panoramic masterpiece, sparked by outrage at a series of concurrent events on January 31 which he predicts means that 2019 will be the “year of global fracture.” Definitely worth reading and thinking about.   

The irony for him is that it is the neocons and the populist Trump who are initiating “the end of America’s unchallenged global economic dominance.”   The root cause he says is clear:

foreign political leaders are coming to recognize what world-wide public opinion polls reported even before the Iraq/Iran-Contra boys turned their attention to the world’s largest oil reserves in Venezuela: The United States is now the greatest threat to peace on the planet.

He goes on to say:

Perhaps the problem had to erupt as a result of the inner dynamics of U.S.-sponsored globalism becoming impossible to impose when the result is financial austerity, waves of population flight from U.S.-sponsored wars, and most of all, U.S. refusal to adhere to the rules and international laws that it itself sponsored seventy years ago in the wake of World War II.

And further:

Imperial threats are no longer military. No country (including Russia or China) can mount a military invasion of another major country. Since the Vietnam Era, the only kind of war a democratically elected country can wage is atomic, or at least heavy bombing such as the United States has inflicted on Iraq, Libya and Syria. But now, cyber warfare has become a way of pulling out the connections of any economy. And the major cyber connections are financial money-transfer ones, headed by SWIFT, the acronym for the Society for Worldwide Interbank Financial Telecommunication, which is centered in Belgium.

He concludes:

Where is the left in all this? That is the question with which I opened this article. How remarkable it is that it is only right-wing parties, Alternative for Deutschland (AFD), or Marine le Pen’s French nationalists and those of other countries that are opposing NATO militarization and seeking to revive trade and economic links with the rest of Eurasia.

He is passionate as well as articulate. There are a few mistakes – the head of the World Bank has not always been a former Secretary of Defense – Robert McNamara was and neocon Paul Wolfowitz was Deputy Secretary to Donald Rumsfeld.

But I am sure he is right about global fracture in 2019. Brexit is just for starters.

 

56 comments on “Trump’s brilliant strategy to dismantle US dollar hegemony”

  1. Ad 1

    Hudson imputes that it’s all the fault of the left.
    For not being ….. somethingsomething enough.

    He also imputes that Trump’s politics are at fault, because Trump is hiring names Hudson recognises of the 1980s and 1990s.

    Academics that can only evaluate through historical filters are just long-wave melancholics prepisessed by inevitability and have more in common with predestination theologians like Calvin and Zwingli than current events.

    IMHO the causes of Trump are mostly within the GFC. But it’s so foolish to aascribe so much power to any one President. So far the system is responding to him pretty well. And business is great.

  2. Pat 2

    “Imperial threats are no longer military. No country (including Russia or China) can mount a military invasion of another major country. Since the Vietnam Era, the only kind of war a democratically elected country can wage is atomic, or at least heavy bombing such as the United States has inflicted on Iraq, Libya and Syria. But now, cyber warfare has become a way of pulling out the connections of any economy. And the major cyber connections are financial money-transfer ones, headed by SWIFT, the acronym for the Society for Worldwide Interbank Financial Telecommunication, which is centered in Belgium.”

    What a load of bollocks

    • Blazer 2.1

      why is it a load of bollocks?Hudson backs his view…what have you got?

      • Pat 2.1.1

        Iraq, Afghanistan, Lebanon,Syria,Georgia and Ukraine for a start…..anyone with a smattering of military nous would understand that in order to control/use of desired resources requires a physical presence…or boots on the ground….you may be able to disrupt or even stop someone from using a resource you desire via air power or cyber means but that will not deliver that resource to your use…..and conflict for resources is anything but history

        • francesca 2.1.1.1

          Look at the Bank of England refusing to allow Venezuela its gold back, and turning over Venezuela’s frozen US assets to Guaido
          Get Guaido in and Venezuela’s publicly owned oil is privatised and turned over to the US
          Thats how you get resources without going to war
          A lot quicker too, its happened through most of Latin America, left wing govts ousted , US friendly in

          • Dennis Frank 2.1.1.1.1

            Yes, but simplistic analysis just leads you astray. I agree that privatisation is an ideological threat. I agree that capture of the gold may be a Trump scheme. There’s more to the reality of the situation than that, however.

            The National Assembly is Venezuela’s authentic parliament. Removal of state power was an effective stalinist coup, and the establishment by Maduro of an alternative assembly to masquerade as parliament is also effective stalinism, but that doesn’t mean everyone ought to accept it as a necessary evil. Why would you expect the Bank of England to give Venezuela’s gold to Maduro?

            Anyone who refuses to hold free and fair elections is anti-democratic. That’s why they want to give the gold to the authentic representatives of the people.

            • francesca 2.1.1.1.1.1

              I expect the Bank of England give Venezuela’s gold back to the UN recognised Venezuelan govt, when requested
              Don’t you?
              Otherwise its theft.
              As to the elections
              Sure you haven’t been suckered by Venezuela’s mostly elite owned press, and the usual suspects in the west?

              http://rogerannis.com/governing-socialist-party-venezuela-wins-victory-oct-15-elections-regional-states/

              And lets not forget it was the opposition who chose not to participate in the elections
              Tell me . who declares who is the authentic representative of the Venezuelan people?
              Is it the Venezuelan people,and its Supreme Court ?
              Is it the UN, who recognises Maduro
              Or is it the Bank of England?

              This article discusses media bias with examples and refutations

              https://www.truthdig.com/articles/why-venezuela-reporting-is-so-bad/

            • Gabby 2.1.1.1.1.2

              In praxis it was a hitlerite coup by the fascist Manuro franxie.

            • mikesh 2.1.1.1.1.3

              Most countries’ constitutions allow their governments to assume powers of a dictatorial nature when faced with a national emergency, and I assume Venezuela is no different. Clearly a national emergency exists in Venezuela at the present time.

          • Kevin 2.1.1.1.2

            And no body bags to explain.

          • Pat 2.1.1.1.3

            the withholding of the gold is simply leverage to place the desired boots on the ground…..it may or may not work….ultimately there is only one way to obtain access to any desired resource and if you think military conflict is passe then i suspect you are in for a rude awakening

    • francesca 2.2

      US applied sanctions can only work when all international transactions go through the SWIFT system, transiting through major banks located in the US
      SWIFT is a mechanism by which America applies the screws to its competitors economies.
      It gives America huge extra jurisdiction powers .
      Hudson is correct , and he’s been around longer than most commentators on this site

      https://www.foreignpolicyjournal.com/2018/05/12/for-economic-truth-turn-to-michael-hudson/

      • Dennis Frank 2.2.1

        Paul Craig Roberts is often flakey, but I like this bit: “Neoliberal economics is an essential part of The Matrix, the false reality in which Americans and Europeans live.” That’s a key point. The left and right in Aotearoa got sucked down that rabbit hole too. Those of us neither left nor right knew it was crap. Some leftists refused to take the bait too, I ought to be fair enough to acknowledge, which caused the New Labour Party to emerge as an attempt to continue socialism. Still waiting for the explanation of why it failed…

        • francesca 2.2.1.1

          I agree re the slightly hysterical flakiness,regarding US/Russia and imminent nuclear holocaust, but his economic nous is pretty spot on

      • Pat 2.2.2

        I have read the bulk of the linked article and much of what he says is justified….NOT however the paragraph I said was bollocks…it is and for the reason i stated regardless of how long hes been around

    • rata 2.3

      I think I read this article in 1973,1983 !995, 2007 and 2014.
      Different writer same article.
      The “news’ is so formula this could be taken from any
      economic forecast from any media outlet any year since 1969.
      50 yeas the same “news” the same responses.
      deja vu all over again…again

      • Pat 2.3.1

        it may well have been the same author….this has been his passion since the seventies….people can become myopic.

    • Mike Smith 2.4

      Not sure that it’s bollocks Pat. Your premise is correct but I think Hudson’s point is about future invasions after the lessons provided by the countries you mention. Iraq was a disaster for the Americans, Afghanistan is a disaster for the Americans and was for the Russians, Lebanon taught the Israelis a lesson, Libya is still a disaster. Hudson points out that remaining option is bombing, nuclear or otherwise. What he doesn’t mention is the use of proxy forces, but those are also proving problematic for those using them.

  3. Blazer 3

    wow just wow!This dissertation lays bare the ‘magic show’ of western Capitalism and the reality of the US$ as a weapon of mass destruction.

  4. Gosman 4

    This idea that the US invades countries and grabs resources is unsupported by the reality. The countries where the US has been involved militarily where there was oil or gas involved Iraq, Libya, and even Afghanistan (proposed gas pipeline) have not given US oil and gas intetests any significant commercial benefits afterwards.

    • DJ Ward 4.1

      Well it’s clear in this case that the US apart from reacting against a socialist dictator that makes Chavez look moderate, is reacting to the privatising of Venezuela oil assets into mostly Russian and Chinese hands. So there is that Cold War feel to things.

      Iraq and Libya were about both nations moving to exclude trade of oil out of US currency and commodity exchanges. It’s possible the same exclusion of those two things was taking place in Venezuela due to sanctions. An understandable move by all three nations.

      So your correct they didn’t take the oil, but that’s because it was actually more about clipping the ticket and propping up currency. Let’s face it, the US is basically bankrupt and there currency should be worth far less than what it is.

      • Gosman 4.1.1

        Your analysis ignores the face that both Iraq and Libya proposed using the Euro instead of the US Dollar and countries using the Euro also supported both interventions. In the case of Libya it was the French that were the driving force.

    • mikesh 4.2

      Benefitting from other countries’ oil was not what it was all about. The point was to ensure that all transactions involving oil, gas, and their futures were conducted only in US dollars. This seems to be necessary if the US is maintain its hegemony.

      • Gosman 4.2.1

        Why did the French support the intervention and indeed lead it in Libya then?

        • mikesh 4.2.1.1

          I don’t know. Please let us know why YOU think the French invaded Libya. But whatever the reason, I’m sure the US was happy to support them. As Mrs Clinton said gleefully of Colonel Gadaffi, “We came, we saw, he died.”

          • mikesh 4.2.1.1.1

            PS: I seem to recall reading that The French president had borrowed money from Gadaffi to cover his election expenses. I think he invaded Libya so that he would not have to repay the debt.

  5. Wayne 5

    Afghanistan basically has no minerals worth extracting (at an economic price). Just too remote and difficult. The only people who can are the Chinese, in part because they have a land border (though a very mountainous one). But the Chinese seem to be able to do miracles with tunnels.

    The US and partners were/are not involved in Afghanistan for any economic reason. The reason is quite easy to discern; September 11, 2001.

    As for Venezuela, time will see. Basically the military will have to turn. The sanctions (until about a week ago) were all on specific individuals, so were not the primary cause of the economic failure. Now they include the state owned oil company.

    I don’t see the US having any appetite to invade Venezuela. The only trigger would be large scale killings by the military. I don’t see that happening.

    The military turning would simply require them to stay in their barracks, that is, not following Maduro’s orders. If that happens a transfer of power will happen quite quickly.

    • francesca 5.1

      “Whoever rules Eurasia rules the world” as regards Afghanistan and its geopolitical value

      Here’s the UN on Venezuelan sanctions, not exactly harmless and targeting elites

      http://www.scoop.co.nz/stories/WO1902/S00003/venezuela-sanctions-harm-human-rights-of-innocent-people.htm

      Do we think “its worth it ” Wayne?

    • Blazer 5.2

      ABC-‘Afghanistan has untapped mineral and energy reserves estimated to be worth up to $US3 trillion with vast deposits of resources including oil and gas, iron ore, gold and copper. But it is one of the poorest countries in the world, with the World Bank estimating per capita income of $470 per year.’

      ‘Afghanistan is the only really viable pipeline route from the Caspian Basin to markets in China and Japan as well as to an international port outside of the volatile Mediterranean area’-Quora

      ‘https://www.reuters.com/article/us-afghanistan-mining/afghanistan-signs-major-mining-deals-in-development-push-idUSKCN1MH0FM

  6. Dennis Frank 6

    Hudson’s view isn’t total crap, but it is shallow. I hope he’s right about the fracturing thing – the sooner the elitist control system disintegrates, the better. However he’s so ill-informed he doesn’t even mention the Bilderbergers.

    The problem with the binary frame is that it stops the multipolar nature of geopolitics from being seen as the primary contemporary psychodynamic operating. Cold-warism is a mental affliction of academic policy-analysts that prevents clarity of perception.

    The American empire fracturing under Trump would be a welcome outcome, provided it doesn’t produce total chaos. Creativity emerges at the margin between order and chaos – we learnt that from chaos theory in the late eighties – so every player get more room to move and better options emerging.

    The elite plan for a new world order is not necessarily malignant. Paranoia about the Bilderbergers arises the minds who assume elites are evil and the people are good. Reality has never been that simple. Soros is a demon only in the psyche of the simple-minded. Elites can be benevolent. They can dictate without dictators as figureheads.

    We ought to watch the recycled neocons with scepticism, and evaluate their behaviour critically. Any demonic actions will be evident – eventually. No need to jump to premature conclusions. As regards dollar hegemony, the market dictates that. The dollar will stop being currency of choice only when a better option emerges!

    • francesca 6.1

      The dollar is in the process of being dumped as more and more realise their dependence on a rogue state , and the economic vulnerabilities that brings

      • Dennis Frank 6.1.1

        Perception, not reality. We thought the gfc would cause that shift. We thought the dot-com crash would cause that shift, prior. We thought the ’90s crises would do it, too. The market keeps proving to us that crises are insufficient to change mass behaviour. Only a positive alternative will induce people to make the shift.

        • francesca 6.1.1.1

          China is dumping its US bonds

          https://www.rt.com/business/444345-china-us-treasury-holdings-drop/

          The EU is seeking ways to trade with Iran that avoid SWIFT (and transit through US banks)
          Trade between India/Russia/China uses local currencies rather than US dollars
          The US dollar will never disappear, but a multi currency system is beginning to emerge, which dilutes the Dollar hegemony
          Countries are scrambling to reduce their vulnerability to the power of the US through its dollar dominance

    • Blazer 6.2

      you deserve some sort of award for this…

      ‘The problem with the binary frame is that it stops the multipolar nature of geopolitics from being seen as the primary contemporary psychodynamic operating. Cold-warism is a mental affliction of academic policy-analysts that prevents clarity of perception.’

      not sure which…one!👏

      • Dennis Frank 6.2.1

        Thanks, Blazer. Framing has become the most effective means of persuasion. I’m not sure why. Something rooted in deep psychology. Binary framing is traditional – we get it from the christians but the good/evil dichotomy is ancient. Christians got it from judaism, and the hebrews got it from the zoroastrians.

        I learnt both/and logic in the late sixties at the University of Auckland. I encountered it in both physics and computing then. Academic silos still prevent it being acknowledged as primary metaphysics. It is the positive alternative to zero-sum thinking. It produces win/win outcomes.

    • Gabby 6.3

      Lie back and wait til it’s over eh franxie.

    • the other pat 6.4

      ” The problem with the binary frame is that it stops the multipolar nature of geopolitics from being seen as the primary contemporary psychodynamic operating. Cold-warism is a mental affliction of academic policy-analysts that prevents clarity of perception.”……..i think my head just exploded 8-}

  7. RedLogix 7

    So now we’ve decided the USA is a dangerous rogue state, China is a techno-fascist Orwellian hell-hole, Russia is run by authoritarian thugs, the EU is paralysed by it’s own internal contradictions, Britain can’t make a decision to save itself, Australia is full of racist climate change denying bogans … and so on … where does anyone think we should go from here?

    • veutoviper 7.2

      After your “Confessions of a Blackberry Killer” yesterday, and now this, RedLogix I am seriously considering giving up on reading political blogs, Even housework – anything – seems preferable. LOL.

      Mind you, like Blazer at 6.2, I almost gave up after trying and giving up on understanding Dennis Frank’s “The problem is …” sentence in his comment at 6.

      This was followed by being bored to almost sleep by listening to RNZ National Nine to Noon’s Political Commentators droning on. That segment is now almost a case of “Bring back Matthew Hooton” …

      Mind you, now having aired off, maybe I will wait to see what other replies you get …

      Now, Mars – there’s a possibility.

      • RedLogix 7.2.1

        Maybe I shouldn’t say anything about what I do to errant cane toads on the way to work …

        But it’s still a serious question; having diagnosed the current world order as lamentably defective … where does the left imagine the path forward is? Especially if we are intellectually honest enough to acknowledge our part in all of this.

        • veutoviper 7.2.1.1

          Re the cane toads, no don’t mention otherwise I may feel the need to recontact some of my old SPCA colleagues in Australia! LOL

          (PS -did you see my reply and other responses to your Blackberry confession? Again LOL – it really triggered similar memories in a few or us!)

          But you are right; it is a very serious question which hits you directly in the eye/head/intellect when you see it put so boldly as you did – well said.

          in fact it is really another case of what you commented on the How To Get There post yesterday – short but for the most part hits the nail on the head IMO so I will quote it here:

          “Well if we’re serious about this kind of transition we need to think about what it would take to achieve it at a meaningful scale.

          That means people capable of taking an idea, working up a plan, building a team and leading it to a result. It takes capital, dealing with bureaucracy, lobbying and developing markets.

          It will happen when competency and hard work meet opportunity and cash flow. History is littered with well-meaning people whose hopes turned to ashes at the first contact with reality. Dreaming behind our keyboards won’t cut mustard.”

          I did not reply there but have been mulling what you said over in relation to
          the How to Get There posts. I don’t want to appear to criticise the posts as the response has been great and covers a lot of ground and ideas. However, as facilitating strategic and business planning was part of my public service days, I really feel a bit frustrated that the lack of structure, categorisation etc will lead to all these good ideas etc being lost in the TS archives. Also still mulling our other conversation re TS rules, behaviours etc. So wont be disappearing, but have now strayed well from the topic of this post. My apologies.

          • Dennis Frank 7.2.1.1.1

            Don’t apologise: substantial thinking requires no apology. You’ve identified the relevance of praxis without saying so. I’ve made a similar criticism here previously about the ephemeral nature of political blog commentary. Any effect on political process is incidental.

            However the premise of political blogs was merely to provide opportunity for feedback to essay-writers and thesis providers. None yet have been established for the purpose of collaboration. I put up an interim design of one in 2011 but lacked time & energy to promote it (altAotearoa), and it is now in the process of relocation and redesign to make it fit for purpose.

            Politically centrist, it is intended to help everyone transcend the inadequacies of representative democracy. Any similar leftist project immediately runs into the partisan handicap, so I cannot offer advice helpfully, other than to point out that the vehicle must be constructed for the purpose of collaboration. Enough idle chatter elsewhere!

    • the other pat 7.3

      we live with less….we look after one another more……….we treasure the earth as the mother that keeps us alive…..grow long hair and beards and lots of veges!

  8. CHCoff 8

    ‘Imperial threats are no longer military’

    Military sepending continues to increase around the world for no other reason.

    Brexit does look like an exercise in exporting unsustainability ( the bureaucracy paradigm, solve a problem by making it bigger).

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    3 days ago
  • OK, Britney: stop sniping at National for doing its job
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    PunditBy Liam Hehir
    3 days ago
  • Helpful tips for parents during lockdown
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  • Skeptical Science New Research for Week #13, 2020
    4 days ago
  • Hungary is now a dictatorship
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    4 days ago
  • A new Ministry of Works
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    No Right TurnBy Idiot/Savant
    4 days ago
  • Capture: Well spaced out
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    4 days ago
  • Life in Lock Down: Day 6
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    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • March ’20 – NZ blogs sitemeter ranking
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    4 days ago
  • Hard News: Poll Pot and the partisans
    Yesterday's Horizon poll showing support for a "Yes" vote in this year's cannabis referendum sliding into the majority for the first time in a year looked like good news for reformers – and it probably is. But the result warrants some scrutiny.The poll is the fifth in a series commissioned ...
    4 days ago
  • Why those bubbles are so important
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    SciBlogsBy Siouxsie Wiles
    4 days ago
  • A Government System That Works
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    4 days ago
  • Smashing down the barriers: Where are we at with COVID vaccines?
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    SciBlogsBy Helen Petousis Harris
    5 days ago
  • National Network on Cuba (USA): “Cuban medical solidarity is a pillar of its society and is founde...
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    5 days ago
  • Alarming decrease in calves increases fears for endangered Hector’s dolphin
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    SciBlogsBy Otago Marine Science
    5 days ago
  • Time for Grant Robertson to reveal package #2?
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    PunditBy Tim Watkin
    5 days ago
  • Saving lives
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    No Right TurnBy Idiot/Savant
    5 days ago
  • Life in Lock Down: Day 5
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    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • Speaker: Les Gray: the man who told the truth
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    5 days ago
  • Why now? Historical specificity and the perfect storm that has created trans identity politics
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    6 days ago
  • Time for a living wage for supermarket workers
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    No Right TurnBy Idiot/Savant
    6 days ago
  • Hard News: MUSIC: Lockdown Grooves
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    6 days ago
  • A place of greater safety?
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    6 days ago
  • The police and public trust
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    No Right TurnBy Idiot/Savant
    6 days ago
  • Life in Lock Down: Day 4
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    6 days ago
  • COVID-19 vs New Zealand
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    6 days ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #13
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    6 days ago
  • Rāhui day 4
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    7 days ago
  • Letter to a friend
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    7 days ago
  • Life in Lock Down: Day 3
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    1 week ago
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  • Rāhui day 3
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  • A test of civil society.
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    1 week ago
  • Life in Lock Down: Day 2
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    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • How Do You Feel? What Do You Think?
    Fortune's Children: Under extraordinary pressure, the leader of the Government and the leader of the Opposition will each show us what they are made of. Have they been blessed with intelligence, grace, wit, poise, toughness, empathy and humour – and in what measure? More importantly, to what extent have they ...
    1 week ago
  • Landlords are NOT an essential service
    If you’ve ever had the misfortune of having to rent a property on the open market in New Zealand, which is one of the most expensive in the entire world, you’ll likely be keenly aware of just how arrogant and entitled landlords and their real estate agents can be.Unfortunately for ...
    1 week ago
  • A “new Society” post-COVID19 will definitely emerge. The question is: on what path?
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    1 week ago
  • Raise the Bar: Everything you need to know about the wage subsidy
    Right now low waged and insecure workers are feeling the economic brunt of the looming #Covid19 Recession. In response legal advocate Toby Cooper* and hospitality and worker’s rights advocate Chloe Ann-King, are putting together a series of legal blogs about your employment rights: In this legal blog we outline some ...
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    1 week ago
  • The massacre of prisoners in Modelo jail, Bogota, March 21
    by Equipo Jurídico Pueblos and Gearóid Ó Loingsigh (25/03/2020) An escape plan in question On the night of March 21st and the early morning of the 22nd, the forces of the Colombian state stormed into the Modelo prison in Bogotá, murdering 23 prisoners and injuring 83, in response to the ...
    RedlineBy Admin
    1 week ago
  • We are not America
    When the government banned semi-automatic weapons in response to a terrorist atrocity, gun-nuts were outraged. Mired in toxic American gun culture, they thought owning weapons whose sole purpose was killing people was some sort of "constitutional right", a necessity for "defending themselves" against the government. Now, the Court of Appeal ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • When will we know the lockdown is working?
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    1 week ago
  • Lock Down: Day 1
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    Frankly SpeakingBy Frank Macskasy
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  • A Compelling Recollection.
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  • The Warehouse – where everyone gets a virus
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  • Aggressive action to address climate change could save the world $145 trillion
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  • After the Pandemic
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    SciBlogsBy Robert Hickson
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  • Coronavirus – Cuba shows the way
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    1 week ago
  • Using privacy law to prevent the death penalty
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    No Right TurnBy Idiot/Savant
    1 week ago

  • Further measures to support businesses
    The Government will be introducing legislation to make changes to the Companies Act to help companies facing insolvency due to COVID-19 to remain viable and keep New Zealanders in jobs. The temporary changes include: Giving directors of companies facing significant liquidity problems because of COVID-19 a ‘safe harbour’ from insolvency ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt’s COVID plan, economic strength recognised
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    BeehiveBy beehive.govt.nz
    2 days ago
  • Funding certainty for sports through COVID-19
    National sports organisations have been given certainty of funding to ensure they can remain viable through the COVID-19 pandemic, Sport and Recreation Minister Grant Robertson announced today. “The global spread of COVID-19 has had a significant impact on sport and recreation in New Zealand, including the cancellation or postponement of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Butchers now allowed to process pork
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    BeehiveBy beehive.govt.nz
    3 days ago
  • Essential workers leave scheme established
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    BeehiveBy beehive.govt.nz
    3 days ago
  • Govt WhatsApp helps share COVID-19 information
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    BeehiveBy beehive.govt.nz
    3 days ago
  • Managed departure plan for stranded foreign nationals enables safe, orderly exit
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    3 days ago
  • Government delivers COVID-19 support to GPs and Pharmacies
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    3 days ago
  • Susan Thomas the new Chief High Court Judge
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    BeehiveBy beehive.govt.nz
    3 days ago
  • Business Finance Guarantee – applications open
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    BeehiveBy beehive.govt.nz
    4 days ago
  • Work starts on ways to fast-track consents to boost recovery from Covid-19 downturn
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    BeehiveBy beehive.govt.nz
    4 days ago
  • Advance payments to support contractors
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    4 days ago
  • Government seeks infrastructure projects
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    BeehiveBy beehive.govt.nz
    5 days ago
  • Health system scaled up to prepare for COVID-19
    Work to scale up the health system in preparation for COVID-19 was today outlined by Health Minister David Clark, as he reported back to the new Epidemic Response Committee. “We are well placed to contain the spread of COVID-19. We have taken early and decisive action at our borders, and ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Essential media COVID-19 guidelines refined
    The Government is refining its COVID-19 essential business guidance to include the distribution of news publications for communities which are hard to reach. The Minister of Broadcasting, Communications and Digital Media, Kris Faafoi, said the move was in recognition of the importance for New Zealanders who might be harder to ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Supermarkets able to open on Easter Sunday
    The Government is ensuring supermarkets can open on Easter Sunday so we can buy groceries, but stay closed on Good Friday allowing workers to take a break. This provides a balanced approach and ensures we avoid large queues that two days closure may cause. “Supermarkets will be able to open ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • New Zealand defence personnel conclude mission at Taji
    Following the successful conclusion of the Building Partner Capacity (BPC) mission at Taji, New Zealand defence personnel are returning to New Zealand from Iraq, in accordance with the Cabinet decision made in June 2019, Foreign Affairs Minister Winston Peters and Defence Minister Ron Mark announced today. “New Zealand is very ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • State of National Emergency extended
    The State of National Emergency to help stop the spread of COVID-19 has been extended for a further seven days, Minister of Civil Defence Peeni Henare said. The initial declaration on March 25 lasted seven days and can be extended as many times as necessary. “Since we went into isolation ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Strong Govt books support ‘go hard, go early’ response
    New Zealand’s ability to go hard and go early in the fight against COVID-19 has been underpinned by strong Government finances and the growing economy heading into this global pandemic, Finance Minister Grant Robertson says. The Treasury today released the Crown financial statements for the eight months to the end ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Christchurch Hospital Hagley ICU to open to support COVID-19 response
    Health Minister Dr David Clark says 36 new intensive care beds at Christchurch Hospital’s new Hagley building are being fast tracked so they are available for treatment of COVID-19 patients.   The Ministry of Health is working with contractor CPB and Canterbury DHB to enable access to the hospital’s ICU, ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Government supports Air NZ freight flights
    The Government has fast-tracked up to $1 million to help Air New Zealand move urgent freight to and from New Zealand, with the first flight to Shanghai leaving tonight, Transport Minister Phil Twyford announced today. Phil Twyford says it’s crucial that trade in vital goods such as medical supplies and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Tariff concessions on COVID-19 related products
    New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response. Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said today that the New Zealand Customs Service will apply tariff concessions to all diagnostic reagents and testing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Clarification of modification to wage subsidy scheme
    Minister of Finance Grant Robertson has clarified that the changes to the wage subsidy scheme announced yesterday mean that employers should be passing on the full subsidy to workers, except in the case where the person’s normal income is less than the level of the subsidy. “We still want employers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Face masks flowing to DHBs
    Medical face masks from the national reserve supply are now being distributed to District Health Boards, while at the same time local production is being ramped up. Yesterday more than 640,000 masks were sent to DHBS – that is an immediate two week supply, with more to follow in coming ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19: Further steps to protect New Zealanders’ jobs
    The Government has made modifications to the wage subsidy scheme to ensure people don’t lose their jobs during the national lockdown. These changes will soften the impact of COVID-19 on workers, families and businesses, and position them to exit the lockdown and look to recovery, Finance Minister Grant Robertson says. ...
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    1 week ago
  • Tax relief for Mycoplasma Bovis farmers
    Farmers whose herds were culled in response to the outbreak of Mycoplasma bovis will be able to minimise the tax treatment of their income in some circumstances. Revenue Minister Stuart Nash says Cabinet has agreed to change the law. It means farmers may be eligible to spread their income over ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $27 million for NGOs and community groups to continue providing essential services
    A $27 million dollar package, effective immediately, is being provided to social sector services and community groups to ensure they can continue to provide essential support to communities as we stay at home as a nation to stop the spread of COVID-19, Minister for Social Development Carmel Sepuloni announced. “At ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Statement on guilty plea of March 15 terrorist
    “The guilty plea today will provide some relief to the many people whose lives were shattered by what happened on March 15,” Prime Minister Jacinda Ardern said. “These guilty pleas and conviction bring accountability for what happened and also save the families who lost loved ones, those who were injured, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19 updates
    The Prime Minister is holding daily press conferences to update New Zealanders on the Government's response to COVID-19. Links to videos and transcripts of these updates below. These transcripts also include All of Government press conferences led by Director Ministry of Health's Director-General of Health Dr Ashley Bloomfield. 25 March: Live update from the Prime ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Police numbers break through 10,000 mark
    Frontline Police numbers have broken through the 10,000 mark for the first time in history as officers step forward to keep the community safe during the COVID19 lockdown. “Two Police graduations in Auckland and Wellington in the past week have been conducted in unprecedented circumstances,” Police Minister Stuart Nash said. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Urgent tax measures for economic recovery
    Urgent legislation has been passed to support the package of economic and social measures needed to recover from the impact of the coronavirus outbreak. “The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill will cushion New Zealanders from the worst economic impacts of the COVID-19 outbreak,” said Revenue Minister ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Further support for farmers and growers as drought persists
    From tomorrow, Government support for farmers and growers affected by drought will be expanded and extended across the country, with access to Rural Assistance Payments (RAPS) available throughout the North Island, parts of the South Island and the Chatham Islands, Social Development Minister Carmel Sepuloni announced. “These challenging conditions have ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19: Temporary changes to Education Act
    Parliament has passed amendments to legislation that give the Secretary of Education stronger powers to act in the fight to limit the spread of COVID-19, Education Minister Chris Hipkins said today. “They are part of a suite of changes passed under the COVID-19 Response (Urgent Management Measures) Legislation Bill,” Chris ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Canada, Australia, Chile, Brunei and Myanmar join NZ and Singapore in committing to keeping supply a...
    Canada, Australia, Chile, Brunei and Myanmar have joined forces with New Zealand and Singapore by committing to keep supply chains open and remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis.  Trade and Export Growth Minister David Parker today welcomed ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • COVID-19: Rent increase freeze and more protection for tenants
    Immediate freeze on rent increases Tenancies will not be terminated during the lock-down period, unless the parties agree, or in limited circumstances Tenants who had previously given notice can stay in their if they need to stay in the tenancy during the lock-down period Tenants will still be able to ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Working together to protect businesses and workers
    As New Zealand unites to lock-down in the fight against COVID-19, the Finance Minister is urging all businesses and workers to stay connected over the next four weeks. “We understand the extreme pressure many businesses are under right now. I know most business owners think of their workers as family ...
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    2 weeks ago
  • State of National Emergency declared to fight COVID-19
    A State of National Emergency has been declared across the country as the Government pulls out all the stops to curtail the spread of COVID-19. “Today we put in place our country’s second ever State of National Emergency as we fight a global pandemic, save New Zealanders’ lives and prevent ...
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  • Prime Minister’s statement on State of National Emergency and Epidemic Notice
    Mr Speaker I wish to make a Ministerial Statement under Standing Order 347 in relation to the recent declaration of a State of National Emergency. Having considered the advice of the Director Civil Defence Emergency Management, the Minister of Civil Defence declared a State of National Emergency for the whole of ...
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  • Deadline for domestic travel extended
    People needing to travel on domestic flights, trains and Cook Strait ferries to get home before the country moves into level 4 lock-down tomorrow night will be able to continue using the passenger services until midnight on Friday, Transport Minister Phil Twyford said today. Domestic passenger services, particularly ferries, have ...
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  • Mortgage holiday and business finance support schemes to cushion COVID impacts
    The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will include a six month principal and interest payment holiday for mortgage holders and SME customers whose incomes have been ...
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