FacebookTwitterRedditEmail

USA Continues Economic Sabotage of Eritrea

On February 28, 2019 the last financial wire transactions between the small socialist country of Eritrea and all the western countries were stopped with no further wire transfers in USD$ or Euros to or from Eritrea being allowed .

Unjust and illegal UN sanctions against Eritrea were lifted recently but the damage being done continues. During the 9 year-long UN sanctions period the US shut down all Eritrean government bank accounts and cut off all access to USD$ international transfers. The USA and its European lackeys even tried to prevent Eritreans in the diaspora from paying their national 2% income tax (something all US citizens outside the country must do), critical to the creation and survival of the country.

After being kicked out of the dollar market Eritrea’s next turn was to the EU to no avail. The EU would not allow Eritrea access to international euro transfers so Eritrea was forced to fall back on her only international friend, Russia, as a conduit for  international banking transactions in euros.

US sanctions against Russia enforced against the EU are now officially the cause for shutting down Eritrea’s last western foreign exchange access completely cutting off Africa’s only socialist country from western capital transfers.

While diplomatic ties between Eritrea and the USA have improved dramatically under Trump the economic sabotage of our country’s economy continues. As with all sanctions by the USA, the target is always the people of the sanctioned country, bringing untold misery in the name of “Defending Freedom and Democracy”.

Sanctions have almost never achieved the political aims of the USA with Iraq a prime example during Saddam Hussein’ rule. Half a million dead Iraq’s “was worth it” as Hillary Clinton’s mentor Lady Albright so infamously proclaimed.

In the case of us living here in Eritrea and our family and friends in the diaspora, its cash and carry, the only way to get part of the country’s hard currency  lifeline in and out of our homeland.

When this economic sabotage will end is a question that must be asked in light of the recognition Eritrea has received in being a critical player in the peace that has broken out in the Horn of Africa, never mind the peaceful revolution that took place in Ethiopia in 2018.

It goes without saying that small socialist countries have never been treated fairly, with Cuba and North Korea paying a brutal price in human suffering. Eritrea is the latest victim of Pax Americana and it failing grip on the world’s economic lifelines via the USD$. The shameful thing is how spineless the Europeans are, bowing down to the US Empire in the most craven manner. How this story will end remains unknown, but for Eritreans at home and abroad, it’s just another challenge to overcome.

More articles by:

Thomas C. Mountain attended Punahou School for six years some half a dozen years before “Barry O’Bombers” time there. He has been living and writing from Eritrea since 2006. He can be reached at thomascmountain at g_ mail_ dot _com

March 20, 2019
T.J. Coles
Countdown to “Full Spectrum Dominance”
W. T. Whitney
Re-Targeting Cuba: Why Title III of U.S. Helms-Burton Act will be a Horror Show
Kenneth Surin
Ukania’s Great Privatization Heist
Howard Lisnoff
“Say It Ain’t So, Joe:” the Latest Neoliberal from the War and Wall Street Party
Walter Clemens
Jailed Birds of a Feather May Sing Together
George Ochenski
Failing Students on Climate Change
Cesar Chelala
The Sweet Smell of Madeleine
Binoy Kampmark
Global Kids Strike
Nicky Reid
Where Have All the Flowers Gone?: Requiem for a Fictional Party
Elliot Sperber
Empedocles and You and Me 
March 19, 2019
Paul Street
Socialism Curiously Trumps Fascism in U.S. Political Threat Reporting
Jonah Raskin
Guy Standing on Anxiety, Anger and Alienation: an Interview About “The Precariat”
Patrick Cockburn
The Brutal Legacy of Bloody Sunday is a Powerful Warning to Those Hoping to Save Brexit
Robert Fisk
Turning Algeria Into a Necrocracy
John Steppling
Day of Wrath
Robin Philpot
Truth, Freedom and Peace Will Prevail in Rwanda
Victor Grossman
Women Marchers and Absentees
Binoy Kampmark
The Dangers of Values: Brenton Tarrant, Fraser Anning and the Christchurch Shootings
Jeff Sher
Let Big Pharma Build the Wall
Jimmy Centeno
Venezuela Beneath the Skin of Imperialism
Jeffrey Sommers – Christopher Fons
Scott Walker’s Failure, Progressive Wisconsin’s Win: Milwaukee’s 2020 Democratic Party Convention
Steve Early
Time for Change at NewsGuild?
March 18, 2019
Scott Poynting
Terrorism Has No Religion
Ipek S. Burnett
Black Lives on Trial
John Feffer
The World’s Most Dangerous Divide
Paul Cochrane
On the Ground in Venezuela vs. the Media Spectacle
Dean Baker
The Fed and the 3.8 Percent Unemployment Rate
Thomas Knapp
Social Media Companies “Struggle” to Help Censors Keep us in the Dark
Binoy Kampmark
Death in New Zealand: The Christchurch Shootings
Mark Weisbrot
The Reality Behind Trump’s Venezuela Regime Change Coalition
Weekend Edition
March 15, 2019
Friday - Sunday
Andrew Levine
Is Ilhan Omar Wrong…About Anything?
Kenn Orphan
Grieving in the Anthropocene
Jeffrey Kaye
On the Death of Guantanamo Detainee 10028
Stan Cox – Paul Cox
In Salinas, Puerto Rico, Vulnerable Americans Are Still Trapped in the Ruins Left by Hurricane Maria
Ben Debney
Christchurch, the White Victim Complex and Savage Capitalism
Eric Draitser
Did Dallas Police and Local Media Collude to Cover Up Terrorist Threats against Journalist Barrett Brown?
Jeffrey St. Clair
Roaming Charges: Straighten Up and Fly Right
Jack Rasmus
Trump’s $34 Trillion Deficit and Debt Bomb
David Rosen
America’s Puppet: Meet Juan Guaidó
Jason Hirthler
Annexing the Stars: Walcott, Rhodes, and Venezuela
Samantha M. - Angelica Perkins
Our Green New Deal
Mel Gurtov
Trump’s Nightmare Budget
Steven Colatrella
The 18th Brumaire of Just About Everybody: the Rise of Authoritarian Strongmen and How to Prevent and Reverse It
Evaggelos Vallianatos
Riding the Wild Bull of Nuclear Power
Michael K. Smith
Thirty Years Gone: Remembering “Cactus Ed”
FacebookTwitterRedditEmail