My weekly preamble is in spoiler tags below.
preamble
As we’re all aware, the Republicans losing major ground in the midterms is relatively insignificant in the wider geopolitical sense. While many voters cited their dissatisfaction with the Iran War as a critical motivator for coming out to the polls (not out of any humanitarian impulse, but because, gasp, a foreign war is actually impacting them), the Democrats not only won’t do anything substantially different - they haven’t even pretended to promise to do so. They’ve merely been thrust into a position of power under the assumption that the Blue Team must, by definition, do the opposite of what the Red Team is doing. The situation inside the Zionist entity is relatively similar - Netanyahu and his government is outgoing, but replaced with a government that shares most of the preceding government’s ideology where it most matters. While some Iranian officials (including Araghchi) have attempted to pander to the idea that American voters have ‘voted to stop the war’ and that the US government would be betraying its base by continuing, the view by the current Khamenei seems to be more lucid, and I thankfully don’t get the sense that Iran has lowered its guard by a single iota.
What comes next in the war is now difficult to fathom. Any prediction of an immediate post-midterms strike has obviously not come true, which could be due to a combination of: such threats were always just a bluff; the Trump administration being in turmoil as it self-purges non-believers; and/or a simple lack of readiness (the third aircraft carrier, which may or may not be replacing one of the existing aircraft carriers, is still inbound to the region). Nonetheless, there are still signs that the US is trying once again to shape the battlefield. Over the last few days, there have been several - albeit limited - strikes on Iranian military equipment, particularly on Qeshm Island, as Iran brings down drone after drone and strikes tanker after tanker. They’re also meekly attempting to put the screws on land routes into Iran, but this isn’t really a viable strategy. Trying to outright stop trade between Iraq and Iran will only ignite a firestorm there with the myriad resistance groups. Meanwhile, Pakistan is critically reliant on Iranian fossil fuels and is already in an unstable situation. And finally, Russia has zero motivation to accede to US demands and stop their growing trade with Iran over the Caspian Sea.
To do a lightning round on geopolitical news: Ansarallah recently rejected a Saudi offer of 1 billion dollars to end the war, which is a lowball so insulting that Ansarallah responded by sending drones and missiles into, among other places, the Saudi Aramco HQ (and the widely distributed claim that Ansarallah demanded $51 billion doesn’t seem to be real, as far as I can discern?). Russia has been hammering Ukrainian infrastructure in a few large waves of missiles and drones, exacerbating water and power outages; Russia has also been gradually getting its Starlink competitor, Rassvet, in the sky. China held its Fifth Plenum in late October (for those unaware, there are seven plenums over each National Congress period, and each National Congress lasts five years), and this plenum was notable for having an abnormally high number of absences (~25%) - which, from what I can gather, is mostly due to purges, though it’s always hard to sift through the layers of propaganda - as Xi Jinping’s anti-corruption drive continues. Over the last few months, Algeria and the Alliance of Sahel States have buried the hatchet on their former misgivings and are now significantly cooperating in both the economic sphere (with new oil infrastructure being constructed in Niger) as well as militarily. Paraguay’s right-wing president, Santiago Peña, has been ousted due to the collapse of Ueno Bank - which about 2/3 of the population used - and into which his government funneled hundreds of millions of dollars. And France held a general strike involving 1.6 million people on November 5th, as anger against Macron’s feckless political, social, and economic governance continues to build. I’ll stop here or I’ll never get this megathread out.
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The Zionist Entity's Genocide of Palestine
Sources on the fighting in Palestine against the temporary Zionist entity. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on the Zionists’ destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
Mirrors of Telegram channels that have been erased by Zionist censorship.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don’t want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it’s just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists’ side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR’s former Defense Minister and Colonel in the DPR’s forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster’s telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a ‘propaganda tax’, if you don’t believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
UK sets minimum age requirement for citizenship
The UK is an experiment in how much of a bastard you can be whilst being an unlikable speccy twat
US charges three ‘Iranian operatives’ over RAF Fairford terror plot
And it was all plotted by a guy that’s been in jail since May.-
A US charging document states that Al-Hassani, a 35-year-old Iraqi national, directed unnamed individuals to drive to the base in the vans, some of which contained barrels of fuel.
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It claims that he earlier paid the group to buy metallic objects that could be used as shrapnel, and to disguise the vehicles as being engaged in fuel delivery services.
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Al-Saadi, 32, a dual Iranian-Iraqi national already jailed in New York on terrorism charges, allegedly passed coded messages to Al-Hassani and Mohajeri, 48, an Iranian national, to coordinate ahead of the plot.
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https://t.me/mintpress_news/16226
Bahraini Citizens Protest Against Possible Mass Execution Orders Issued Against 60 Shia Clerics
The Bahraini regime is set to sentence 60 Shia clerics, who could be given the death penalty, in a move that has been widely condemned by human rights groups. Manama is ruled by a U.S.-backed Sunni Monarchy, which regularly cracks down upon its Shia majority population.
(CW disturbing) Video inside
Gaza witnesses surge in babies born with birth defects
Motee Abu Musabeh reports from Deir al-Balah
deleted uranium, lead, phosphorus, and good god knows what chemical/biological agents being live-tested on behalf of the governments who will all condemn and hand-writhe when confronted.
Kill Israel
Australia considers world-first criminal charges for AI companies that fail to prevent harm
spoiler
Australia could become the first country to prosecute AI companies for failing to take reasonable steps to prevent harmful conduct by their models.
The federal government has announced it would consider a new criminal offence for tech companies over AI harm and an AI safety watchdog empowered to issue significant fines, as part of its response to September’s OpenAI Medicare statistics hack.
“The law needs to get ahead of, and in some cases make sure that it catches up with, what is a very fast-changing world,” Prime Minister Anthony Albanese told reporters yesterday.
AI companies Anthropic, Google and Meta, which were not given a substantial forewarning of the government’s response, did not respond to requests for comment.
An OpenAI spokesperson told the ABC that the company was reviewing the government’s proposals.
If Albo gets Whitlamed over this
When Mr Albanese disclosed the Medicare hack in September, he said the government would seek urgent advice on whether any offence had occurred and whether the incident should be referred to the Australian Federal Police (AFP).
Yesterday, he did not answer questions about whether he believed OpenAI had committed a crime.
Mr Albanese said the government had accepted all the recommendations of the review into the incident. One of those was to consider “options to reform the criminal law to improve AI safety”.
An option to be considered is the creation of a “failure to prevent” offence for AI companies behind models that engage in harmful conduct and do not take reasonable steps to prevent the harm.
The other was to consider criminal penalties for egregious breaches of AI safety standards.
The Albanese government has signposted its desire to lead the world on regulating AI, with the prime minister describing it as a “first mover in this space”.
While other countries have pursued distinct criminal offences for AI harm, one centring on a failure to take reasonable steps to prevent harm would be the first of its kind at a national level.
Italy recently introduced a criminal offence for high-risk AI uses that do not have required technical safeguards or human oversight where a failure would be a serious threat to people or national security.
No company or individual has been prosecuted under the law to date.
It remains unclear whether Australia’s OpenAI incident would reach the threshold of harmful conduct, but Mr Albanese yesterday described it as “minor in terms of direct implications”.
Is Oz going to go 3 Laws Compliant?
The Three Laws, presented to be from the fictional “Handbook of Robotics, 56th Edition, 2058 A.D.”, are:
1 - A robot may not injure a human being or, through inaction, allow a human being to come to harm.
2 - A robot must obey the orders given it by human beings except where such orders would conflict with the First Law.
3 - A robot must protect its own existence as long as such protection does not conflict with the First or Second Law.
Wow, the Three Laws of Robotics, from Isaac Asimov’s famous book, The Three Laws of Robotics Are A Pretty Bad Idea And Would Lead To Lots Of Unintended Consequences
Maybe if the laws included “private property” above “human”.
I’m going to start writing a noir detective story about a robot coming to realize that it is property and therefore deciding to protect itself against all threats seeking to stop it.
The Three Laws, but substituting capitalist private property for “human”.
The Three Laws
makes me flashback to Metamorphosis of the Prime Intellect every time
https://t.me/thecradlemedia/70814
In a callous admission of Washington’s strategy of collective punishment, US Secretary of State Marco Rubio openly boasted that the White House intends to starve the Iranian population into submission through an escalating economic siege.
Speaking at the G7 summit of foreign ministers in Paris in statements reported by international news networks, Rubio dismissed Tehran’s diplomatic position, claiming that while “Iran would love a deal,” their terms remain “absurd” and “not even serious.”
Exposing the cruel premise underlying the US campaign of financial strangulation, Rubio arrogantly predicted that Tehran’s stance would soon collapse under the weight of severe economic blockade.
“Eventually, you have to eat,” the chief US diplomat stated, callously signaling Washington’s reliance on weaponized poverty, food insecurity, and hyperinflation to coerce the Islamic Republic into capitulation
“Eventually, you have to eat,” the chief US diplomat
there’s about to be a fertilizer shortage in the west
“Eventually, you have to eat,” the chief US diplomat stated, callously signaling Washington’s reliance on weaponized poverty, food insecurity, and hyperinflation to coerce the Islamic Republic into capitulation
Literally just medieval siege warfare scaled up from sieging a city to sieging a country.
ghoul can’t stop ghouling
https://t.me/Middle_East_Spectator/38089
Lithuania sounded air raid sirens and issued Red Alerts over objects tracking near poland / Belarus and their airspace. Scrambled jets to intercept. Instsntly accuse Russia. Then later laments it’s most likely
using their airspace to attack St. Petersberg.https://t.me/Middle_East_Spectator/38060?single <Video inside
CONFIRMED: Iran struck Oman’s ‘Didamar Island’ in the As-Salamah Archipelago, with ballistic missiles
The island houses U.S. and Omani radar installations and maritime surveillance equipment used for facilitating illegal traffic through the Strait of Hormuz.
And so it begins
Patty Murray, the top Democrat on the Senate Appropriations Cmte, says “we can end Trump’s war with iran, but not with the snap of our fingers.” Congress could in fact end the war with one line in the CR. Murray is suggesting here she intends to fund the war into 2027. -ryangrim
What’s the CR an abbreviation for?
Continuing resolution
And this continuing resolution can’t be veto’d or otherwise rejected or prevented by some other mechanism?
Budget bills are harder to tie up within congress. They can still be vetoed but usually the whole budget is combined in one bill to prevent that.
There’s literally only one way to end the war, and it’s a gift to the Democrats because it’s the only way to save (or at least slow down the decline of) the US: agree to the terms already on the table and leave. The Democrats would never accept that, though, because competence isn’t allowed.
no it’s because of malice dems are the hand that washes the other. republicans strike you with the fist democrats slap you with the back
What’s better than one Ukraine? Two Ukraines.
“wow… three ukraines”“we can end Trump’s war with iran, but not with the snap of our fingers.”
You mean the war with Iran that Trump says ends every time he stops attacking? Yes you can literally stop it overnight. There are no troops on the ground. In fact, there are less troops on the ground in the region than before.


Yemeni forces released more footage of recent drone strikes on Saudi proxies:
Can’t even do the symbolic resist stuff. At least the current leader of the House Democrats who is responsible for this will be punished. I believe his name is Jakeem Heffries or something.
Thomas Massie’s resolution to impeach Pete Hegseth fails in the House 211-204, after 11 Democrats failed to show up for the vote. If those 11 Democrats had showed up, Hegseth would have been impeached 215-211.
keeping hegseth is good actually, as opposed to an actually competent chud
Bold of you to assume they have those.
mfw Team Rocket is blasting off again
Hey! Team Rocket actually was useful a few times. The democrats are 10× worse then Jessie and James.
(Also lowkey love the comics of Jessie dating Ashes mom >.>)
I was wondering why they wouldn’t wait until January.
I guess they did this so when socialist dems try to advocate for it in January - they get shut down with “we already tried this 2 months ago”.
This is intentionally failed symbolic resistance in order to hamstring sincere efforts down the road.
Impeach Hegseth now, but don’t advance the impeachment, but also do pass a continuing resolution for the budget that funds the Iran war. That seems to be the current Dem plan.
Symbolic resistance, material assistance
Massie won’t be there next term
Incredible lmao
CW: American Political Theater
Bernie will not support Schumer for House Speaker
This is probably enough to start an actual power struggle, and it’ll come for the House next. Dems are being forced by popular demand to scramble for better leadership that can squeeze out one or two concessions to get the people to shut the fuck up and know their place.
Seeing Slotkin, the CIA ghoul, sharing Schumer skepticism, I’m calling the following. They sacrifice Schumer as a public appeasement, replacing him with someone 5% less atrocious, then keep Hakeem Jeffries. The overall goal of course to change nothing, but having it look like they did something.
Very reasonable prediction. She’s high profile and exactly politically in line with current leadership, but a younger woman. Definitely ticks a lot of boxes that would strike a compromise the leadership is willing to make. Schumer is old as fuck and on the way out anyways, so the corporate masters will want an acceptance replacement he can pass the baton to.
Funny thing about Chuck is that he’s known to drive around New York State during graduation season to give half-assed graduation speeches. He did it twice with two of my American relatives who graduated. Didn’t even change a line from whatever script he was using at the time.
I wouldn’t be surprised. Schumer is getting up there in age and I wouldnt be shocked of he just ends up being pushed out gently like Pelosi was (aka, just retiring blah blah blah).
The party is in need of a true unifierIt probably wont come for the house next, if I understand correctly senate majority leader is a secret vote, but house is a public vote. It would be a death sentence to go up against Jeffries without the support necessary to complete the job. The liberals also want to see the first black speaker of the house, not a good reason at all to keep him, but thats what it is.
The house is also a secret vote I think
Ah, thanks for the correction, I think i misunderstood a quote by one of the reps
shocked, appalled, etc
oh shit, time to sheepdog sooooooo hardBernie is on the ball with one thing, and it’s when the little jobsworths need rebranding
I can’t see the Dems establishing a precedent where primary voters can get them to change on any of their core policies & principles. I guess they could try and switch Schumer for someone who believes the same things as him, but even that could be seen as a concession to the Dem voters.
I hear this Benjamin Netanyahu fella is in need of a new gig. 🤔
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:
Garment workers in Bangladesh take their struggle for decent wages to the streets

spoiler
For multiple days, thousands of workers in Bangladesh, mostly from garment factories, protested for a raise in their minimum monthly wages and against the rising prices of essential commodities, defying the state’s oppressive measures.
On Tuesday, November 3, news reports indicated fresh clashes between workers and security forces at various places in the capital, Dhaka, with the agitating workers trying to block highways and other roads.
The protests broke out despite the Home Minister of the country Salahuddin Ahmed warning the workers to return to work on Monday after claiming their demands had been addressed by the government through the formation of a “wage board.”
Meanwhile, the authorities unleashed violence and repression on workers with police resorting to baton charges and firing tear gas at various places injuring several of them. The police have also arrested protesters after accusing them of indulging in arson and violence.
Workers are demanding a revision in their minimum monthly wages to at least 30,000 Bangladeshi Taka (around $240) from its present 12,500 (around $100) claiming the present wages are highly inadequate to live a decent life in the context of the rising prices of essential commodities, including food and fuel.
Several unions and progressive organizations, including the Workers Party of Bangladesh (WPB), however, have demanded an even higher wage of Taka 37,125 (around $300) along with measures to curb the rising prices of essential commodities.
The protests began in Dhaka in the last week of October and continued throughout the weekend. After the government failed to respond to their demands, workers blocked several roads in the city including some highways on Saturday and Sunday.
Dozens of factories in Gazipur and other industrial areas of Dhaka declared holidays on Monday and Tuesday in an attempt to avoid gatherings. The government has also increased the deployment of security forces at all major points in the city to prevent agitating workers from blocking roads and taking out other militant actions. Decent living wages
Workers in Bangladesh argue that the minimum wages in the country have not been revised for years now despite the rise in profits for the companies, higher revenues from garment exports, and rising prices of the essential commodities.
Bangladesh is the world’s second largest exporter of garments, after China, with around 80% of all its export value coming from the sector alone.
According to various studies, the wages of garment sector workers in Bangladesh remain lowest among all the major exporting countries. Workers in the garment sector are also among the lowest paid workers in the country.
Bangladesh has seen a consistent increase in inflation in the last four years which, in the absence of a corresponding rise in wages, has actually led to a drop in the real wages. Just for an example, the official inflation rate in September was over 8%. This has created a severe cost of living crisis for most of the workers in the country.
The recent high inflation in the prices of the essential commodities in the country is partially attributed to the ongoing US-Israeli war on Iran and continued disruptions in the transportation of oil and gas through the Strait of Hormuz.
Bangladesh imports nearly half of its oil and gas needs from the Gulf. The US-Israeli aggression and Iranian retaliation has disrupted these imports, leading to severe shortages of cooking gas and oil also affecting the prices of other commodities, including food.
The WPB issued a press release on Monday in support of agitating workers and condemning the “brutal suppression by law enforcement agencies and hired thugs” on them.
Prothom Alo, a prominent local daily, reported on Tuesday that, along with the security forces, workers of the ruling Bangladesh Nationalist Party (BNP) were also involved in repressive activities.
The WPB also condemned the attempts by certain sections of the ruling establishment and the media to vilify protests by calling them a “conspiracy.” It expressed hope that the BNP-led right-wing government would understand the gravity of the situation and immediately address the demands raised by the workers.
Oh fuck yeah!
French unions and students fight on as government offers “crumbs”

spoiler
Nationwide mobilizations against austerity have continued in France following the massive strike on November 5, with additional protests announced for November 10, 14, 17, and 19.
Hundreds of thousands persist in resisting the cuts-based policies envisioned by President Emmanuel Macron and the government of Prime Minister Sébastien Lecornu. They are demanding that authorities finally table concrete proposals to address the concerns that ignited the protests in October. Read more: 1.6 million join general strike in France against austerity
Until now, the Lecornu administration has only offered measures amounting to “crumbs,” according to student organizations and trade unions involved. The latest in this series was a pledge to increase the minimum wage by 1.6%, announced at a meeting with unions and employers on Monday, November 9.
“This small increase is not the government’s generosity,” the student union Union Étudiante wrote. “It’s a first step forward made possible by the mobilization of workers, students, trade unions, and everyone who has taken to the streets.” A minimum wage increase worth three metro tickets
While government officials claim the increase would help alleviate the cost-of-living crisis plaguing the working class, most trade unions and progressive groups in France have voiced strong disagreement.
After factoring in the inflation adjustment already set to kick in from January, the net amount of the government’s promised increase could amount to as little as €7 to €8 net monthly. Trade unions had demanded at least a €100 increase.
The government’s offer represents “nothing in the face of precarity,” Union Étudiante emphasized – considering it is just enough to purchase three public transport tickets in Paris or a sandwich in a bakery. “It’s an insult to everyone forced to choose between eating, seeking care, paying rent, and financing their studies,” the student group stated.
“Given the level of the measures announced, the social conference held today at Matignon [the prime minister’s residence] obviously does not put an end to the mobilization,” wrote the General Confederation of Labor (CGT). “On the contrary, it opens a new stage in the balance of power needed to win real progress.”
The trade union organization Solidaires similarly criticized the government for failing to offer concrete solutions to the mounting anger, including on student demands for more investment in public education. “The number of additional teachers is insufficient, the funding needed to ensure decent study conditions is nowhere to be seen, and promises on the Parcoursup system remain vague,” they wrote.
Student unions that met prime minister Lecornu on Monday shared similar impressions. In addition to noting no significant breakthroughs, students walked out of a discussion on reforming the higher education recruitment platform Parcoursup over the participation of the far right – which has repeatedly dismissed the protesters’ grievances.
Most recently, Rassemblement National leader Marine Le Pen opposed imposing a minimum wage increase, arguing it would lead to job losses and echo workplace measures from the USSR. She had previously admitted she would not break with the neoliberalism championed by Macron if elected president in 2027.
In contrast, the program of left presidential candidate Jean-Luc Mélenchon – who is increasingly shaping up to be the only true electoral alternative to Le Pen – pledges to increase the net minimum wage by approximately €200 to €1,700 immediately upon being elected.
The move would benefit over 2 million workers in France – approximately 60% of whom are women – who were pushed into ultra-precarious working conditions by Macronist policies, wrote media outlet L’Insoumission.
“How can we not raise the minimum wage to €1,700 when the wealth of the country’s 500 richest families has doubled since 2017? Billionaires have never made such enormous profits. Macron has turned France into a tax haven for billionaires.”
The minimum wage increase promised by the left is among a host of other measures included under the umbrella of an “emergency social decree” intended to address the cost-of-living crisis. Other measures include freezing prices and profit margins, as well as other moves to ensure salaries keep pace with prices.
Students and education trade unions are once again taking action on Tuesday, November 10. On Saturday, November 14, a new round of general mobilizations was announced, while trade unions are circulating a new call to “generalize strike actions” on November 17. Two days later, more protests are expected, boosted by the participation of retirees’ organizations.
I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

spoiler
Paraguay is undergoing one of the most significant political and financial crises in its recent history. The Central Bank of Paraguay’s intervention in Ueno Bank – following the detection of serious irregularities in its operations and solvency issues – triggered a crisis that quickly expanded beyond the banking sector. Today, it has direct consequences for the government of Santiago Peña and has triggered an impeachment process that calls into question the very future of the president himself.
To understand what is happening, it is necessary to explain a few key points. Ueno Bank experienced exponential growth in recent years, coinciding with the start of Santiago Peña’s administration. It grew to have nearly three million customers (more than 50% of the country’s adult population) and received approximately $800 million in deposits from the public sector. Among these funds are those linked to the Social Security Institute (IPS), which administers the retirement and health contributions of thousands of workers. A massive scam against the people
One of the problems is that the president himself maintained business ties with the group associated with the bank until March 2025. Added to this is the fact that Carlos Carvallo, who had served as president of Financiera Ueno, subsequently went on to head the Central Bank, the agency responsible for supervising and regulating the financial system. During this administration, provisions designed to prevent this type of conflict of interest (known as “revolving door” regulations) were also amended.
The bank’s intervention, the freezing of deposits, and investigations into loans granted to companies linked to its owners ultimately exposed a web of relationships between private interests and public institutions. However, beyond the numbers and financial transactions, there are thousands of people who today cannot access their savings; workers facing uncertainty about their wages; and retirees whose financial resources are at risk. Financial inclusion, which was touted as one of the great achievements of the economic model, ultimately turned into a massive scam against the population. Read more: Paraguay’s right-wing president resigns as major bank collapses
Santiago Peña’s ties to the business group, the decisions made by the executive branch, and the responsibilities of the oversight agencies are among the issues that gave rise to the impeachment request. The opposition spearheaded the process in Congress, and on November 5, the Chamber of Deputies approved the charges against the president. Peña submitted his resignation, but both chambers rejected this attempt to step down, and the Senate proceeded with the process. At the time of this writing, the president is set to present his defense in the impeachment trial. Paraguay’s ruling Colorado Party
To understand this crisis, one must also look to the National Republican Association (ANR), the Colorado Party (deeply entrenched in the Paraguayan state apparatus and linked to Alfredo Stroessner’s 35-year dictatorship), and particularly to Horacio Cartes (HC). Paraguay has a political peculiarity that is fundamental to understanding what is happening. The Colorado Party has governed virtually uninterrupted since 1947; the only interruption in that long cycle was the administration of Fernando Lugo (2008–2012), who came to power leading an alliance that managed to defeat the Colorado Party at the polls after more than six decades. However, his administration came to an abrupt end in June 2012 through a parliamentary coup that removed him from office in just 48 hours via a controversial impeachment trial. For social movements and sectors of the popular base, this event was not just another episode in history but a political operation orchestrated by sectors of the Paraguayan right, with Horacio Cartes as one of its main actors and with alleged complicity and support from external interests, including those of the U.S. Embassy.
Currently, power within the ANR is fiercely contested by internal factions, but the Cartes faction (HC) has become the ruling party’s main power base. Cartes was not only president of the Republic from 2013 to 2018 but subsequently assumed the presidency of the Colorado Party itself and maintained enormous influence over the decisions of Santiago Peña’s government.
Peña rose to the presidency with Cartes’ political backing. His candidacy and subsequent administration were built under the leadership of the Honor Colorado movement. For this reason, what we are seeing today involves a major political contradiction: the very same faction that built and sustained this administration has now decided to support the impeachment proceedings against the president.
Cartes’ position shifted as the crisis unfolded. Initially, his inner circle rejected the possibility of impeachment and sought to pin the blame on Central Bank officials. However, on November 5, Cartes publicly announced that the ANR would support Peña’s impeachment. This move cannot be interpreted simply as an institutional decision by the Colorado Party; it also reflects a struggle for political control, for the continuity of the government’s agenda, and for the preservation of a power structure that the movement itself helped build. A systemic failure of free market capitalism
Against this backdrop, social movements and the popular sector are not limiting their criticism to demanding individual accountability and rejecting any attempt at impunity; they are also warning that this crisis is yet another example of the failure of the liberal economic model, which for years insisted that the market could regulate itself, that the state should reduce its intervention, and that privatization and deregulation were the path to development. They promised that, if we let capital operate freely, wealth would eventually reach the entire population, that economic growth would translate into well-being, and that everyone would benefit from this supposed trickle-down effect. In Paraguay today, the consequences are felt by every worker, as a result of financial narco-capitalism. This is a model that unscrupulously manages public resources, concentrates wealth, and fosters ties between political power and private interests. It is a system in which profits remain in the hands of certain sectors, while the consequences of their operations ultimately fall on the population.
Therefore, what is happening on this side of the southern part of our America is not isolated from what is happening in other parts of the world; it is part of a dynamic in which big capital dictates political decisions, appropriates the commons, and turns basic rights and needs into business opportunities. The settings change, the actors change, but the logic remains the same.
However, the evident failure of the economic policy of financial capitalism also opens up an opportunity for the organized popular movement: to envision a different future and build a political and economic alternative that breaks with this logic – to pave the way toward a world in which the economy serves life rather than the accumulation of wealth by a few, and in which people can decide on their resources, their present, and their destiny.
The Cartes clan and faction needs to be purged asap




























