International Viewpoint - online socialist magazine

Washington's Seizure of Venezuelan Oil: Where Have the Oil Revenues Gone Since 3 January 2026?

Éric Toussaint — 2026-08-22T07:49:34Z

On 3 January 2026, the United States launched a military operation against Venezuela, resulting in the capture and detention of President Nicolás Maduro and his wife, Cilia Flores, and their transfer to the United States. During this attack, carried out using 150 aircraft, around a hundred people lost their lives, including 32 Cubans who had attempted to protect the country's presidential palace; the remaining victims were Venezuelans. A few hours after this intervention, Donald Trump announced that Washington now claimed to be temporarily in control of Venezuela and would exploit its oil resources.

- IVP619 - August 2026 / United States (USA), Economy, Venezuela

An important contribution by Ernest Mandel to the debate on the transition to socialism

Éric Toussaint, Ernest Mandel — 2026-08-01T14:43:25Z

We are reprinting an important text that Ernest Mandel wrote in late 1963 to contribute to the public debate that had begun in Cuba a few months earlier. The main participants in the debate were, on the one hand, Ernesto Che Guevara (Minister of Industry) and Luis Álvarez Rom (Minister of Finance) and, on the other, Alberto Mora (Minister of Foreign Trade) and Marcelo Fernández Font (President of the National Bank of Cuba).
At the Cubans' request, two foreign Marxist economists joined the (…)

- Ernest Mandel Archive / Economy, Ernest Mandel, Features

The Anti-Fascist and Anti-Imperialist Conference in Porto Alegre: Great achievements, challenges and opportunities

2026-04-12T10:23:29Z

“It is through all these events that the alliances necessary to counter fascism and imperialism are being forged. It is up to us to involve the trade unions, human rights organizations, feminist and LGBTQI+ movements, anti-racist organizations, those campaigning for Palestine, and those standing in solidarity with the Ukrainian and the Iranian people. It is in this way – and by defending our eco-socialist revolutionary perspectives – that we will build the movement needed to change the world.”

- Features / Brazil, Latin America, Antifascism, Anti-imperialism

For a different economic policy in response to the far right and Trump's offensive

Antoine Larrache, Éric Toussaint — 2026-04-12T10:21:58Z

Éric Toussaint was interviewed by Antoine Larrache for Inprecor magazine on 5 November 2025.
Antoine Larrache: Could you provide an overview of the European Union's economic situation in comparison to the global market?
Éric Toussaint: The countries of the European Union, including the United Kingdom, are currently facing significant challenges. Firstly, economic growth is close to zero. While we do not advocate for growth in the traditional sense, it presents a considerable issue for (…)

- Features / Economy, Far Right

Towards an international anti-fascist convergence

Éric Toussaint — 2026-03-24T06:39:05Z

Uniting left-wing forces to counter the rise of the far right. That is the aim of the First International Anti-Fascist Conference, to be held in late March in Porto Alegre, Brazil

- IVP614 - March 2026 / Brazil

Europe in 2025

Éric Toussaint — 2026-01-17T22:07:50Z

“The political situation in Europe is very bad.”

- IVP612 - January 2026 / Europe

China and the IMF, supported by BRICS+, provided a lifeline to Javier Milei's far-right government in Argentina

Éric Toussaint — 2025-10-07T16:14:25Z

In September 2025, after having presided over the country since December 2023, the neo-fascist Javier Milei suffered an electoral defeat in an important vote. The result was the election in the province of Buenos Aires. This election renewed 46 seats in the provincial Chamber of Deputies and 23 in the provincial Senate. The Peronist opposition beat Milei's party by 13 points and holds a majority in the Buenos Aires Provincial Senate. The capital province represents about 37-38% of the national electorate. The provincial elections in Buenos Aires always serve as a major test at the national level, including for Javier Milei this year.

- Features / Economy, China, Argentina

The BRICS and de-dollarisation

Éric Toussaint — 2025-10-07T16:14:10Z

Many perceive the BRICS countries as a counterweight to the dollar-dominated monetary order. However, the facts speak for themselves: at the BRICS summit in Rio de Janeiro (6–7 July 2025), no real desire to break away from the US currency was expressed. De-dollarisation remains a distant prospect.

- Features / Brazil, Russia, Economy, China, India

In Sri Lanka, the new government's policy: a lost historic opportunity

Éric Toussaint — 2025-02-19T11:53:35Z

Éric Toussaint looks back at the situation in Sri Lanka since 2022. From popular revolts to the new centre-left government elected at the end of 2024, including negotiations with creditors, this overview provides a better understanding of the situation, rich in lessons, in a country whose social, economic and political situation is largely unknown. Éric Toussaint compares what is happening in Sri Lanka with what happened in Greece in 2015 and in Argentina between 2019 and 2023, putting into perspective the risk of a hard right-wing government in the future.

- Features / Sri Lanka, Debt

In memory of Patrice Lumumba, assassinated on 17 January 1961

Éric Toussaint — 2025-01-27T21:19:11Z

On 17 January 2025, we commemorate the 64th anniversary of the assassination of Patrice Lumumba (1925-1961).

- Features / Belgium, Historical events and figures, Debt, Congo, Imperialism