SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
");background-position:center;background-size:19px 19px;background-repeat:no-repeat;background-color:#222;padding:0;width:var(--form-elem-height);height:var(--form-elem-height);font-size:0;}:is(.js-newsletter-wrapper, .newsletter_bar.newsletter-wrapper) .widget__body:has(.response:not(:empty)) :is(.widget__headline, .widget__subheadline, #mc_embed_signup .mc-field-group, #mc_embed_signup input[type="submit"]){display:none;}:is(.grey_newsblock .newsletter-wrapper, .newsletter-wrapper) #mce-responses:has(.response:not(:empty)){grid-row:1 / -1;grid-column:1 / -1;}.newsletter-wrapper .widget__body > .snark-line:has(.response:not(:empty)){grid-column:1 / -1;}:is(.grey_newsblock .newsletter-wrapper, .newsletter-wrapper) :is(.newsletter-campaign:has(.response:not(:empty)), .newsletter-and-social:has(.response:not(:empty))){width:100%;}.newsletter-wrapper .newsletter_bar_col{display:flex;flex-wrap:wrap;justify-content:center;align-items:center;gap:8px 20px;margin:0 auto;}.newsletter-wrapper .newsletter_bar_col .text-element{display:flex;color:var(--shares-color);margin:0 !important;font-weight:400 !important;font-size:16px !important;}.newsletter-wrapper .newsletter_bar_col .whitebar_social{display:flex;gap:12px;width:auto;}.newsletter-wrapper .newsletter_bar_col a{margin:0;background-color:#0000;padding:0;width:32px;height:32px;}.newsletter-wrapper .social_icon:after{display:none;}.newsletter-wrapper .widget article:before, .newsletter-wrapper .widget article:after{display:none;}#sFollow_Block_0_0_1_0_0_0_1{margin:0;}.donation_banner{position:relative;background:#000;}.donation_banner .posts-custom *, .donation_banner .posts-custom :after, .donation_banner .posts-custom :before{margin:0;}.donation_banner .posts-custom .widget{position:absolute;inset:0;}.donation_banner__wrapper{position:relative;z-index:2;pointer-events:none;}.donation_banner .donate_btn{position:relative;z-index:2;}#sSHARED_-_Support_Block_0_0_7_0_0_3_1_0{color:#fff;}#sSHARED_-_Support_Block_0_0_7_0_0_3_1_1{font-weight:normal;}.sticky-sidebar{margin:auto;}@media (min-width: 980px){.main:has(.sticky-sidebar){overflow:visible;}}@media (min-width: 980px){.row:has(.sticky-sidebar){display:flex;overflow:visible;}}@media (min-width: 980px){.sticky-sidebar{position:-webkit-sticky;position:sticky;top:100px;transition:top .3s ease-in-out, position .3s ease-in-out;}}.grey_newsblock .newsletter-wrapper, .newsletter-wrapper, .newsletter-wrapper.sidebar{background:linear-gradient(91deg, #005dc7 28%, #1d63b2 65%, #0353ae 85%);}
To donate by check, phone, or other method, see our More Ways to Give page.
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
"Israel has lost the support of the world, including the American people," said policy analyst Jeffrey Sachs.
As the US backs Israel's plans to occupy Gaza and expand illegal settlements in the West Bank, a solid majority of Americans say the world should recognize a Palestinian state.
According to a Reuters/Ipsos poll published on Wednesday, 58% of Americans believe that every country in the United Nations should recognize a Palestinian state, compared with just 33% who said they should not and 9% who said they were unsure.
In recent weeks, as Israel's blockade of humanitarian aid has inflicted mass starvation across the enclave, many American allies—including Canada, the UK, and France—have broken with the US by indicating their intent to recognize the State of Palestine. In total, 147 of the UN's 193 member states—over 75%—now recognize Palestine as a sovereign nation.
Last week, the foreign ministers of 26 states signed onto a statement that the crisis in Gaza has reached "unimaginable levels" and called on Israel to allow unrestricted humanitarian aid into the strip. As of Tuesday, the Gaza Health Ministry reported that 266 people, including 122 children, had been starved to death as a result of the blockade.
In Gaza City, where Israel has begun a devastating campaign of bombing, shelling, and shooting civilians and demolishing their homes, the UN Relief and Works Agency for Palestine Refugees (UNRWA) reported Friday that malnutrition has reached 21.5%, "meaning nearly one in five young children is now malnourished."
Amnesty International says the rise in malnutrition is the result of a "deliberate campaign of starvation" by Israel aimed at "systematically destroying the health, well-being, and social fabric of Palestinian life." Israeli human rights groups, including B'Tselem and Physicians for Human Rights-Israel, have described their nation's military actions as "genocide."
While the administration of US President Donald Trump, the Republican Party, and many Democrats continue to back Israel's actions to the hilt, they are increasingly out of step with the views of the American public.
In a July 29 Gallup poll, just 32% said they approved of Israel's military actions in Gaza, while 60% disapproved. The decline in support among Democrats is especially striking: Where 36% said they supported Israel's actions in October 2023, that number has plummeted to just 8%.
But unlike elsewhere in the world, this has not resulted in a sea change among politicians. Just 13 House Democrats signed onto a letter earlier this month calling on the Trump administration to recognize Palestinian statehood.
Israel has meanwhile moved forward with actions explicitly aimed at making a Palestinian state impossible.
On Wednesday, Israel gave the final approval for a massive new illegal settlement in the West Bank known as E1, which slices the Palestinian territory in two and cuts off Palestinian communities between Jerusalem and the Jordan Valley.
Finance minister Bezalel Smotrich has championed the proposal, saying it "buries the idea of a Palestinian state."
Trump and US Ambassador to Israel Mike Huckabee have reportedly given approval to the plan, as part of a reversal in the decades-old US policy opposing Israel's settlements in the West Bank, which violate international law.
International business professor Avraham Shama argued in The Hill on Wednesday that Israel's "increasingly brutal" actions will only continue to galvanize the world toward the plight of the Palestinians.
"Soon, the Palestinian people will be recognized as a sovereign nation in the Gaza Strip and the West Bank by most countries. They now have the political and moral momentum toward achieving this goal," Shama said. "The case for Palestinian independence has been getting clearer and more urgent with every Israeli bombing of mostly innocent Gazans, and with every death from starvation caused by Israel's withholding of food."
Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, told Common Dreams that through its continued support for Israel, the US government is increasingly isolating itself.
"Israel has lost the support of the world, including the American people," Sachs said. "Israel's genocide has made it a pariah state, propped up by the White House over the objections of the American people."
"The only way to peace, and to rescue Israel from its murderous ways," he said, "is to implement the two-state solution immediately, as almost all of the world demands. It's now up to Trump to end US complicity in the genocide and to recognize Palestine."
Whether heralded or reviled, Biden’s supposed restraint during the Ukraine war has steadily faded, with more and more dangerous escalation in its place.
President Biden has never wavered from approving huge arms shipments to Israel during more than 13 months of mass murder and deliberate starvation of Palestinian civilians in Gaza. Biden’s crucial role earned him the name “Genocide Joe.”
That nickname might seem shrill, but it’s valid. Although Biden will not be brought to justice for serving as a key accomplice to the horrific crimes against humanity that continue in Gaza, the label sticks—and candid historians will condemn him as a direct enabler of genocide.
Biden could also qualify for another nickname, which according to Google was never published before this article: “Omnicide Joe.”
In contrast to the Genocide Joe sobriquet, which events have already proven apt, Omnicide Joe is a bit anticipatory. That’s inevitable, because if the cascading effects of his foreign policy end up as key factors in nuclear annihilation, historians will not be around to assess his culpability for omnicide—defined as “the destruction of all life or all human life.”
That definition scarcely overstates what scientists tell us would result from an exchange of nuclear weapons. Researchers have discovered that “nuclear winter” would quickly set in across the globe, blotting out sunlight and wiping out agriculture, with a human survival rate of perhaps 1 or 2 percent.
While Russia’s invasion and horrible war in Ukraine should be condemned, Biden has compounded Putin’s crimes by giving much higher priority to Washington’s cold-war mania than to negotiation for peace—or to mitigation of escalating risks of nuclear war.
With everything—literally everything—at stake, you might think that averting thermonuclear war between the world’s two nuclear superpowers, Russia and the United States, would be high on a president’s to-do list. But that hardly has been the case with Joe Biden since he first pulled up a chair at the Oval Office desk.
In fact, Biden has done a lot during the first years of this decade to inflame the realistic fears of nuclear war. His immediate predecessor Donald Trump pulled the U.S. out of two vital treaties -- Intermediate-Range Nuclear Forces and Open Skies -- and Biden did nothing to reinstate them. Likewise, Trump killed the Iran nuclear deal negotiated during the Obama administration, and Biden let it stay dead.
Instead of fulfilling his 2020 campaign promise to adopt a U.S. policy of no-first-use of nuclear weapons, two years ago Biden signed off on the Nuclear Posture Review policy document that explicitly declares the opposite. Last year, under the euphemism of “modernization,” the U.S. government spent $51 billion -- more than every other nuclear-armed country combined -- updating and sustaining its nuclear arsenal, gaining profligate momentum in a process that’s set to continue for decades to come.
Before and after Russia’s invasion of Ukraine in late February 2022, Biden showed a distinct lack of interest in actual diplomacy to prevent the war or to end it. Three days before the invasion, writing in the Financial Times, Jeffrey Sachs pointed out: “Biden has said repeatedly that the U.S. is open to diplomacy with Russia, but on the issue that Moscow has most emphasized—NATO enlargement—there has been no American diplomacy at all. [Russian President Vladimir] Putin has repeatedly demanded that the U.S. forswear NATO’s enlargement into Ukraine, while Biden has repeatedly asserted that membership of the alliance is Ukraine’s choice.”
While Russia’s invasion and horrible war in Ukraine should be condemned, Biden has compounded Putin’s crimes by giving much higher priority to Washington’s cold-war mania than to negotiation for peace—or to mitigation of escalating risks of nuclear war.
From the outset, Biden scarcely acknowledged that the survival of humanity was put at higher risk by the Ukraine war. In his first State of the Union speech, a week after the invasion, Biden devoted much of his oratory to the Ukraine conflict without saying a word about the heightened danger that it might trigger the use of nuclear weapons.
During the next three months, the White House posted more than 60 presidential statements, documents and communiques about the war in Ukraine. They all shared with his State of the Union address a stunning characteristic -- the complete absence of any mention of nuclear weapons or nuclear war dangers—even though many experts gauged those dangers as being the worst they’d been since the 1962 Cuban Missile Crisis.
With everything—literally everything—at stake, you might think that averting thermonuclear war between the world’s two nuclear superpowers, Russia and the United States, would be high on a president’s to-do list.
With occasional muted references to not wanting a U.S. military clash with nuclear-armed Russia, during the last 33 months the Biden administration has said it did not want to cross its own red lines—and then has repeatedly proceeded to do so.
A week ago superhawk John Bolton, a former national security advisor to President Trump, summarized the process on CNN while bemoaning that Biden’s reckless escalation hasn’t been even more reckless: “It’s been one long public debate after another, going back to ‘Shall we supply ATACMS [ballistic missiles] to the Ukrainians at all?’ First it’s no, then there’s a debate, then there’s yes. ‘Should we supply the Ukrainians Abrams tanks?’ First it’s no, then there’s a long debate, then it’s yes. ‘Should we supply the Ukrainians with F-16s?’ First it’s no, then there’s a long debate, and it’s yes. Now, ‘Can we allow the Ukrainians to use ATACMS inside Russia?’ After a long debate, now it’s yes.”
Whether heralded or reviled, Biden’s supposed restraint during the Ukraine war has steadily faded, with more and more dangerous escalation in its place.
Biden’s recent green light for Ukraine to launch longer-range missiles into Russia is another jump toward nuclear warfare. As a Quincy Institute analyst wrote, “the stakes, and escalatory risks, have steadily crept up.” In an ominous direction, “this needlessly escalatory step has put Russia and NATO one step closer to a direct confrontation—the window to avert catastrophic miscalculation is now that much narrower.”
Like Biden and Secretary of State Antony Blinken as well as the Democratic and Republican phalanx of Ukraine war cheerleaders on Capitol Hill, Bolton doesn’t mention that recent polling shows strong support among Ukrainian people for negotiations to put a stop to the war. “An average of 52 percent of Ukrainians would like to see their country negotiate an end to the war as soon as possible,” Gallup reported last week, compared to only 38 percent who say “their country should keep fighting until victory.”
Biden and other war boosters have continued to scorn, as capitulation and accommodation to aggression, what so much of the Ukrainian population now says it wants—a negotiated settlement. Instead, top administration officials and laptop-warrior pundits in the press corps are eager to tout their own mettle by insisting that Ukrainians and Russians must keep killing and dying.
Elites in Washington continue to posture as courageous defenders of freedom with military escalation in Ukraine, where hundreds of thousands have already died. Meanwhile, dangers of nuclear war increase.
Last week, Putin “lowered the threshold for a nuclear strike in response to a broader range of conventional attacks,” Reuters reported, “and Moscow said Ukraine had struck deep inside Russia with U.S.-made ATACMS missiles…. Russia had been warning the West for months that if Washington allowed Ukraine to fire U.S., British and French missiles deep into Russia, Moscow would consider those NATO members to be directly involved in the war in Ukraine.”
For President Biden, the verdict of Genocide Joe is already in. But if, despite pleas for sanity, he turns out to fully deserve the name Omnicide Joe, none of us will be around to read about it.
The poorer countries are demanding an end to a world dominated by the rich—as well they should.
The key to economic development and ending poverty is investment. Nations achieve prosperity by investing in four priorities. Most important is investing in people, through quality education and health care. The next is infrastructure, such as electricity, safe water, digital networks, and public transport. The third is natural capital, protecting nature. The fourth is business investment. The key is finance: mobilizing the funds to invest at the scale and speed required.
In principle, the world should operate as an interconnected system. The rich countries, with high levels of education, healthcare, infrastructure, and business capital, should supply ample finance to the poor countries, which must urgently build up their human, infrastructure, natural, and business capital. Money should flow from rich to poor countries. As the emerging market countries became richer, profits and interest would flow back to rich countries as returns on their investments.
That’s a win-win proposition. Both rich and poor countries benefit. Poor countries become richer; rich countries earn higher returns than they would if they invested only in their own economies.
Strangely, international finance doesn’t work that way. Rich countries invest mainly in rich economies. Poorer countries get only a trickle of funds, not enough to lift out of poverty. The poorest half of the world (low-income and lower-middle-income countries) currently produces around $10 trillion a year, while the richest half of the world (high-income and upper-middle-income countries) produces around $90 trillion. Financing from the richer half to the poorer half should be perhaps $2-3 trillion year. In fact, it’s a small fraction of that.
The problem is that investing in poorer countries seems too risky. This is true if we look at the short run. Suppose that the government of a low-income country wants to borrow to fund public education. The economic returns to education are very high, but need 20-30 years to realize, as today’s children progress through 12-16 years of schooling and only then enter the labor market. Yet loans are often for only 5 years, and are denominated in US dollars rather than the national currency.
Suppose the country borrows $2 billion today, due in five years. That’s okay if in 5 years, the government can refinance the $2 billion with yet another five-year loan. With five refinance loans, each for five years, debt repayments are delayed for 30 years, by which time the economy will have grown sufficiently to repay the debt without another loan.
Yet, at some point along the way, the country will likely find it difficult to refinance the debt. Perhaps a pandemic, or Wall Street banking crisis, or election uncertainty will scare investors. When the country tries to refinance the $2 billion, it finds itself shut out from the financial market. Without enough dollars at hand, and no new loan, it defaults, and lands in the IMF emergency room.
Like most emergency rooms, what ensues is not pleasant to behold. The government slashes public spending, incurs social unrest, and faces prolonged negotiations with foreign creditors. In short, the country is plunged into a deep financial, economic, and social crisis.
Knowing this in advance, credit-rating agencies like Moody’s and S&P Global give the countries a low credit score, below “investment grade.” As a result, poorer countries are unable to borrow long term. Governments need to invest for the long term, but short-term loans push governments to short-term thinking and investing.
Poor countries also pay very high interest rates. While the US government pays less than 4 percent per year on 30-year borrowing, the government of a poor country often pays more than 10 percent on 5-year loans.
The IMF, for its part, advises the governments of poorer countries not to borrow very much. In effect, the IMF tells the government: better to forgo education (or electricity, or safe water, or paved roads) to avoid a future debt crisis. That’s tragic advice! It results in a poverty trap, rather than an escape from poverty.
The situation has become intolerable. The poorer half of the world is being told by the richer half: decarbonize your energy system; guarantee universal healthcare, education, and access to digital services; protect your rainforests; ensure safe water and sanitation; and more. And yet they are somehow to do all of this with a trickle of 5-year loans at 10 percent interest!
The problem isn’t with the global goals. These are within reach, but only if the investment flows are high enough. The problem is the lack of global solidarity. Poorer nations need 30-year loans at 4 percent, not 5-year loans at more than 10 percent, and they need much more financing.
Put more simply, the poorer countries are demanding an end to global financial apartheid.
There are two key ways to accomplish this. The first way is to expand roughly fivefold the financing by the World Bank and the regional development banks (such as the African Development Bank). Those banks can borrow at 30 years and around 4 percent, and on-lend to poorer countries on those favorable terms. Yet their operations are too small. For the banks to scale-up, the G20 countries (including the US, China, and EU) need to put a lot more capital into those multilateral banks.
The second way is to fix the credit-rating system, the IMF’s debt advice, and the financial management systems of the borrowing countries. The system needs to be reoriented towards long-term sustainable development. If poorer countries are enabled to borrow for 30 years, rather than 5 years, they won’t face financial crises in the meantime. With the right kind of long-term borrowing strategy, backed up by more accurate credit ratings and better IMF advice, the poorer countries will access much higher flows on much more favorable terms.
The major countries will have four meetings on global finance this year: in Paris in June, Delhi in September, the UN in September, and Dubai in November. If the big countries work together, they can solve this. That’s their real job, rather than fighting endless, destructive, and disastrous wars.