Voltaire Network

ALBA drops the dollar and envisions a military alliance against the US

+

The Heads of State and Government of countries belonging to the Bolivarian Alternative for the Americas, ALBA, met in Cochabamba (Bolivia) where they signed a treaty creating a new virtual currency, dubbed the Sucre.

The currency - named after General Antonio José de Sucre, Simón Bolivar’s companion and hero of the Latin American liberation struggle against Spanish imperialism - is slated to replaced the dollar in all commercial exchanges between ALBA countries.

Indeed, as explained Ecuadorian President Rafael Correa, due to the artificial value of the greenback Washington has been able to hoard the wealth of other countries.

For the next ALBA objective, the Venezuelan president envisions the creation of a defence military alliance against the United States. Hugo Chávez emphasized that only in such a way would the countries be shielded from the belligerence of the U.S. All the more reason when considering that "Nobel Peace Prize Laureate" Obama has recently organized a military coup in Honduras and has installed military bases in Colombia. Chávez also said that such an alliance could possibly be extended to other Southern countries outside Latin America, echoing the idea submitted by Lybian leader Muammar al-Gaddafi during the recent Africa-Latin American Summit.

Voltaire Network

Voltaire, international edition

Article licensed under Creative Commons

The articles on Voltaire Network may be freely reproduced provided the source is cited, their integrity is respected and they are not used for commercial purposes (license CC BY-NC-ND).

Support Voltaire Network

You visit this website to seek quality analysis that enables you to forge your own understanding of today’s world. In order to continue our work, we need you to support our efforts.
Help us by making a contribution.

How to participate in Voltaire Network?

The members of our team are all volunteers.
- Authors : diplomats, economists, geographers, historians, journalists, military servicemen, philosophers, sociologists. You can send us your article proposals.
- Professional-level mother-tongue translators: you can help us by translating our articles.

The State Against The Republic
What lies behind the anti "conspiracy theorist" discourse
The State Against The Republic
by Thierry Meyssan
How to Defeat Failed Chicago Mayor Rahm Emanuel
World Crisis Radio
How to Defeat Failed Chicago Mayor Rahm Emanuel
by Webster G. Tarpley, Partners
 
The role of family farms
«Current Concerns», n° 6-7, 10 March 2015
The role of family farms
Partners
 
Forty-Seven Republican Traitors Drive US Towards Catastrophic Middle East War
World Crisis Radio
Forty-Seven Republican Traitors Drive US Towards Catastrophic Middle East War
by Webster G. Tarpley, Partners
 
Do unilateral sanctions violate human rights?
Do unilateral sanctions violate human rights?
by Thomas Kaiser, Voltaire Network
 
China has become main banker in Latin America
China has become main banker in Latin America
by Ariel Noyola Rodríguez, Voltaire Network
 
Dr. Zarif`s Response to the Letter of US Senators
Dr. Zarif`s Response to the Letter of US Senators
by Mohammad Javad Zarif , Voltaire Network