Frontlines of Revolutionary Struggle

cast away illusions, prepare for struggle!

Development finance helps China win friends and influence American allies

[Each day brings news of the every-sharpening contention between imperialist powers, who have long cooperated but are now more-ready to seize advantage at the expense of each other, and place burdens of more aggressive exploitation and more oppressive conditions on working people inside the imperialist countries (from US/EU to Chinese/Russian and others scrambling to expand their profits at each others expense).  One day, it is the seizure of energy resources, then it is trade routes and shipping, then monetary dominance, then credit dominance and wars, then military eyeball face-offs and surrogate/proxy hotspots, then it is digital battles and cyber wars.  There is no stopping this contention, nor any way for the people to see it but to raise the people’s struggles against all imperialism and all reaction.  Between these imperialists, working people have no horse in this race.  —  Frontlines ed.]
The Asian Infrastructure Investment Bank
Mar 21st 2015 | SINGAPORE | From The Economist

 

STRATEGIC rivalry between America and China takes many forms. Rarely does a clear winner emerge. An exception, however, is the tussle over China’s efforts to found a new Asian Infrastructure Investment Bank (AIIB). China has won, gaining the support of American allies not just in Asia but in Europe, and leaving America looking churlish and ineffectual. This month first Britain and then France, Germany and Italy said they hoped to join the bank as founding shareholders. China said other European countries such as Luxembourg and Switzerland are thinking of joining the queue.

Yet America has been sceptical about the AIIB. Its officials claim they have not “lobbied against” it, but merely stressed how important it is that it abide by international standards of transparency, creditworthiness, environmental sustainability, and so on.

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Across Europe, Police Stalking, Brutalizing, Jailing Migrants

Amid Racist Raids&Police Violence Against Poor Migrants, Thousands Protest Fortress Europe’s Concentration Camps
10/19/2014

Festive Roman crowds cheer end of Berlusconi era

[In the midst of the worst economic crisis since World War 2, the arrogance of power is shaken as, in many countries, oligarchs and dictators and billionaires are forced to exit the centers of power in growing disgrace.  Today, the people poured into the streets in Italy today to celebrate the departure of the hated Berlusconi.  We will see what struggles the people will be able to bring against the chokehold of capitalism in the months ahead… — Frontlines ed.]

By Cristiano Corvino and Gabriele Pileri, Reuters

ROME (Reuters) – Thousands gathered in Rome to celebrate the political demise of Silvio Berlusconi on Saturday, whistling and shouting insults as the 75-year-old media magnate drove to hand in his resignation as prime minister.

In an atmosphere reminiscent of a football World Cup victory celebration, squares outside government buildings were packed with cheering crowds, singing and chanting as the curtain came down on Berlusconi’s scandal-hit government.

Police held back the crowds behind barriers outside Berlusconi’s private residence in central Rome and in front of the Quirinale Palace, the residence of the head of state, President Giorgio Napolitano.

A small orchestra played the Hallelujah chorus from Handel’s Messiah as the crowd waited for Berlusconi to appear and hand in his resignation. Continue reading