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THE GLOBAL FINANCIAL MELTDOWN
THE UPSIDE DOWN WORLD WE ARE LIVING IN SHOWS THE IMPENDING POLITICAL CIVIL WAR IS BEING SHARPENED BY THE FALLOUT OF AFRICAN MIGRANTS ON THE SHORES OF EUROPE.  ARRIVING LIVE IF THEY ARE LUCKY ON LAND AND DROWNED AT THE BOTTOM OF THE MED IF THEY ARE UNLUCKY. 

5 STARS ARE SPOT ON HIGHLIGHTING THE ROLE OF HOW FRANCE CONTINUES ITS EXPLOITATION OF AFRICA. THE FRENCH NEED TO BE TAUGHT A LESSON IN CIVILISATION WHICH MEANS THEY SHOULD BE FORCED TO LEAVE  AFRICA AND ALLOW IT SELF DETERMINATION. 

FREE FREE FRANCOPHONE AFRICA.
 
JUSTICE ALSO MEANS REPARATIONS AND MORE FOCUS ON ITS RAPE OF AFRICA HEREWITH
   
WHY ITALY’s 5STARS ARE LECTURING FRANCE ON AFRICA 


Italy’s deputy PM Di Maio, who has already irked Paris by backing the Yellow Jackets, is now denouncing French colonialism. That impression was reinforced by support for the anti-French outbursts from Prime Minister Giuseppe Conte, who said it is "legitimate to question the effectiveness of our foreign policies," and Foreign Minister Enzo Moavero Milanesi.


Gaddafi's gold
Di Maio was alluding to the CFA franc, two currencies used mainly by former French colonies in Africa that are pegged to the euro, with the financial backing of the French treasury. In exchange, the French treasury holds half the foreign currency of these 14 countries, which critics say hinders economic development. Vito Petrocelli, the 5Star president of the Italian Senate's foreign affairs committee, attempted to explain the rationale behind Di Maio's comments by referring to U.S. diplomatic cables from WikiLeaks. 

Libyan dictator Muammar Gaddafi was plotting to replace the CFA franc with a pan-African currency backed by Libyan gold, according to a leaked U.S. diplomatic cable from 2011. The invasion of Libya by Western allies put an end to that plan and destabilized the country, contributing to the migration chaos whose consequences have been mainly borne by Italy, he said.   "Luigi Di Maio had the courage to lift the veil of hypocrisy which hid the scandalous system of the CFA franc," said Petrocelli.

In reality, most migrants who arrive in Italy originate from countries such as Tunisia and Eritrea that don’t use the CFA franc. Among the top 10 countries of origin for refugees arriving by sea in Italy in 2018, Ivory Coast is the first country using the CFA franc to appear, at No. 8, according to UNHCR figuresGodwin Chukwu, founder of the Federation of the African Diaspora in Italy, said Italy should remember its own colonial past in Somalia, Ethiopia, Eritrea and Libya, adding: "Di Maio and Salvini cannot give lessons to France."

Chukwu cited Di Maio's promise to Italian voters that foreigners would not be eligible for the 5Stars' flagship campaign promise of a basic citizens' income. "Africa is here in Italy but the minister cares nothing for these poor people," he said.

For Raffaele Marchetti, professor of international relations at Rome’s Luiss University, the diplomatic spat between Rome and Paris is the result of long-term economic and military frictions between Italy and France that have been exacerbated by the immigration crisis.
On top of that, inflammatory language attracts votes, and ahead of May's European election the 5Stars are keen to burnish their anti-establishment credentials by taking a pop at capitalist institutions to win support from the left and take a hard stance on migration to gain favor with the right.  "Show voters you are dealing with migration and you will be rewarded," said Marchetti.

Karaoke night
With the 5Stars looking for potential allies in the European Parliament after the May election, attacking France's Africa policy is also a way of reaching out to the Yellow Jackets by showing a shared agenda: abolishing the CFA franc is one of the activists' demands.  Standing up to the French will also go down well with the domestic audience, said 5Star activist Massimo Lazzari. Di Maio "is trying to get back some votes we have lost," he said, adding that Italy has been too acquiescent with the major European powers in the past.

"We have to defend ourselves. France treats Italy as a colony, economically and illegally sending back child migrants. Previous governments allowed this to happen. We push back," said Lazzari.

"These comments will increase divisions with France and leave Italy more marginalized" — Raffaele Marchetti

While there may be short-term electoral gains, opposition parties point out the danger of running foreign policy like an election campaign. The situation is "getting out of hand," said former Prime Minister Matteo Renzi from the center-left Democratic Party: ‘The damage to the credibility of Italy and its relations with its historic friends is huge. Foreign policy is serious, it’s not amateur karaoke." Alessandro Alfieri, a Democratic Party senator on the foreign affairs committee, pointed out that France had supported Italy against the threat of EU sanctions over the 2019 budget. "We are witnessing a radical change in foreign policy, which betrays our national interests," he warned.

Long term, such attacks are likely to leave Italy more isolated in Europe. "These comments will increase divisions with France and leave Italy more marginalized," said Marchetti at Luiss University.
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THE GLOBAL FINANCIAL MELTDOWN - by moeenyaseen - 08-27-2006, 09:59 AM
RE: THE GLOBAL FINANCIAL MELTDOWN - by globalvision2000administrator - 01-26-2019, 10:59 PM

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