by Prof Michel Chossudovsky, Global Research:
“The United Nations as it exists today is useless, inoperative, dysfunctional and an instrument of the empire”
The UN System has over the years become of an instrument of U.S. hegemony. In the words of Miguel d’Escoto Brockmann:
“We must wrest it from those who have usurped it so that we, the truly concerned for the future of the Earth, can inject new life, relevance and effectiveness into our world Organization.”
Appointed by Washington, UNSG Antonio Guterres has more than usurped our trust. He is the epitome of ambiguity and DoubleSpeak, particularly in relation to the dramatic social and economic crisis affecting the Global South.
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“Poverty is increasing and hunger is growing… the conclusion is clear, the world is failing developing countries.” said UNSG General Antonio Guterres in his opening presentation at the September 2023 G77 Conference Venue in Havana.
Global poverty has become part of a convenient political “narrative”. What has Guterres done to reverse the tide of global poverty? Nothing!
“Guterres got the UN job only because he is gullible and corruptible. He is drumming the drums of the ruling elite’s narrative – be it covid, climate or the energy crisis; or whatever else may hit the crisis-board. Fossil fuel causing climate change is a scientifically proven lie. No trillion dollars can undo it.” (Peter Koenig)
Guterres is not only an instrument of the White House, his 2030 UN Sustainable Development Project is being carried out in coordination with Klaus Schwab and the World Economic Forum (WEF), which represents the interests of the global financial establishment. Needless to say, Big Money call the shots.
The UN-WEF Partnership
A strategic partnership was signed in 2019 at a meeting held at UN headquarters between UN Secretary-General António Guterres and WEF Executive Chairman Klaus Schwab “to accelerate the implementation of the 2030 Agenda for Sustainable Development.”
Signing of the WEF-UN Partnership
This partnership is in blatant violation of the UN Charter. The UNSG is in conflict of interest. He has provided a Green Light to the implementation of the WEF’s Agenda on behalf of powerful financial interests and corrupt politicians, which essentially consists in impoverishing the entire planet.
What should have been debated by the G77 in Havana in September 2023 is the nature of this insidious WEF-UN partnership. It’s a neoliberal agenda to the nth degree on behalf of “Big Money”, to the obvious detriment of the Global South. It is part and parcel of the WEF’s “Great Reset”:
“The UN-Forum partnership will focus on aligning financial systems and accelerating finance flows toward the 2030 Agenda and the Sustainable Development Goals.
Collaboration will seek to build a shared understanding of sustainable investing, especially in small island developing States, least developed countries and landlocked developing countries, and identify and take forward solutions to increase SDG investments” (emphasis added)
To consult the text of the UN-WEF partnership click here
“Aligning Financial Systems”
While Guterres refers rhetorically to the failed “global systems and structures”, he is visibly involved in “aligning financial systems” to the detriment of heavily indebted developing countries, which are the victims of U.S. dollarization.
While the IMF-World Bank Structural Adjustment Program (SAP) launched in the early 1980s prevails, the Neoliberal chessboard has become increasingly complex.
“Aligning financial systems” goes far beyond the imposition of “IMF economic medicine”, which historically has triggered mass poverty throughout the Global South.
While the dollar denominated external debt remains the instrument of economic subservience, “Aligning financial systems” is intent upon opening the door to privatization on a large scale affecting entire sectors and regions of developing countries.
The large portfolio investment funds including BlackRock, State Street and Vanguard (coupled with Wall Street’s banking cartels) are the driving force. “Their holdings are colossal. BlackRock manages nearly $10 trillion in investments. Vanguard has $8 trillion, and State Street has $4 trillion” (NYT)
“BlackRock Owns the World”
The portfolio companies have strategic investments in all major regions of the World.
BlackRock operates Worldwide with 70 offices in 38 countries.
“These oligarchs are accompanied by some super-giant financial institutions, like BlackRock, Vanguard, State Street, Fidelity and more which control an estimated 25 trillion dollars-equivalent in assets, giving them a leverage power of well-over a 100 trillion dollars, as compared to the world’s GDP of some 90 trillion dollars. In other words, they can manipulate, control and pressure every government on Mother Earth to do their bidding. (Peter Koenig)
Video: BlackRock, the Company that Owns the World
Below are three major BlackRock initiatives.
In the case of Ukraine, the levels of indebtedness are beyond description. The agreement with BlackRock is tantamount to the privatization of an entire country.
BlackRock In Brazil’s Amazon Rain Forest
The amounts invested in the Amazon are colossal under the auspices of the three portfolio investment giants: “The 20 institutional investors plowed a combined $54.1 billion into nine mining conglomerates … “Of that amount, $14.8 billion came from just three U.S. firms — BlackRock, Capital Group [a US Financial Services Company] and Vanguard — with BlackRock alone pouring $6.2 billion into the mining companies.” (Mongabay)
BlackRock In Kenya
“BlackRock Alternatives’ public-private finance vehicle, Climate Finance Partnership (CFP), has acquired a 31.25% stake in Lake Turkana Wind Power (LTWP), the largest wind farm in Africa. The stake was purchased from Vestas, Finnfund, and the Investment Fund for Developing Countries for an undisclosed sum” (Kenya Wallstreet Journal)
