Bulletins and News Discussion for December 11th to December 17th, 2023 - What's Yours is Mine - COTW: Canada
Image is of the Cobre Panama open-pit copper mine, located 120 kilometers west of Panama City.
Canada is a prolific mining country, hosting many of the world's top mining corporations. Some of its extraction is local - for example, Saskatchewan is the world's largest producer of potash, a critical agricultural nutrient. Much of the extraction is abroad. Naturally, this means that Canada has cut a bloody, but often ignored, path through the global periphery, extracting minerals and causing environmental degradation.
A notable recent example is that of the Cobre Panama copper mine, which is owned by First Quantum Minerals, one of the largest mining companies in Canada. The company earned $10 billion in revenue in 2022, of which the Cobre Panama mine generated $1 billion. Protests in Panama about this mine have gone on for over a decade, urging for a greater share of the profits, protection of indigenous people, and stronger environmental protections. Canada has maintained a stoney silence (pun somewhat intended) on these movements.
On October 20th, the president of Panama, Cortizo, renewed the company's mining concession for 20 years, after a halt in production since the end of 2022 due to negotiations and reform. Everybody hated this. In October, protestors took to the streets in sufficient numbers that Cortizo was forced to halt new mining approvals, and announced a public referendum on whether the contract with First Quantum should be repealed. This was immediately cut down, but the government decided to invalidate the new concession anyway in late November, calling it unconstitutional, and closing down the mine.
First Quantum Minerals has lost about half its market value since October. Various international banks have said that Panama could lose its investment-grade credit rating next year due to the income hit - the mine generated 5% of its GDP. The international arbitration process which First Quantum has initiated against Panama could last years.
The book Canada in the World: Settler Capitalism and the Colonial Imagination handles Canada's role as an imperialist, anti-indigenous, extractive state throughout its history, and is on our geopolitical reading list.
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section. Understanding War and the Saker: reactionary sources that have occasional insights on the war. Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language. https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one. https://t.me/s/levigodman ~ Does daily update posts. https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel. https://t.me/gonzowarr ~ A big Russian commentator. https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps. https://t.me/epoddubny ~ Russian language. https://t.me/boris_rozhin ~ Russian language. https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses. https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Argentine Economy Minister Luis Caputo begins the announcement of the government's economic measures.
"We are starting with the worst inheritance in history". "The beginning of all problems is the public deficit".
Luis Caputo, Argentina's Economy Minister, says that Argentina's economic problems are due to the fact that Argentinians are addicted to deficits.
He says they are going to do things differently from previous administrations by eliminating the problem of "debt addiction". Argentina's Economy Minister, Luis Caputo, announced the first measures of Javier Milei's government.
Some of them are:
Government contracts of less than one year will be canceled.
An end to the government's news agencies.
Reduction of ministries from 18 to 9.
Reduction of resources (to a minimum) for the country's provinces (Milei's party have no elected governor).
No more public works in the country, and cancellation of those that have not yet begun.
Reduction of subsidies for energy and public transport, freeing up the price.
Keep only the benefits received directly.
The exchange rate for the official Argentine dollar will be 800 pesos, up from 430 today.
Caputo also says that the coming months will be difficult.
He says that inflation could rise in the coming months, even more than it is now, because an uncomfortable truth is preferable to a comfortable lie. The low-income child benefit plan will be doubled, and the food card will be increased by 50%.
There will be no public works, and those that have been tendered but not started will be canceled. And those that have been started will be sold to the private sector.
Caputo is literally Macri's economy minister, the one responsible for making this whole economic crisis worse.
During the 20th century, some provinces have had governments that are traditionally controlled by a single family (i.e. the Saadi family in Catamarca, or the Sapag family in Neuquén); in one case, it is still the same situation as of 2009: the province of San Luis was ruled almost without a break by the Rodríguez Saá family since December 1983.