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The balance had been upset and the reactions from the American press and intelligence services were enraged. In a secret American report recently fou… - Nico Perrone
" "The balance had been upset and the reactions from the American press and intelligence services were enraged. In a secret American report recently found in the archives, we read that Mattei's power must be contained at all costs and his possibilities for influencing the government must be reduced. Mattei is not only a force in industry, oil, and politics by now, but he also has a hold on information, because in 1957, through ENI, he took control of II Giorno, a Milanese daily, which at that time was much more important than it is today. It provided very lively coverage, had the best and brightest writers, it was present in every country in the world, and most of all, it had a policy of true support for the countries which were trying to free themselves from the colonial yoke, a policy of open support toward Algeria, for example, which was at the time a French colony. France was losing this colony, but there was a war, a savage repression from the French to hold onto their colony. Mattei sent Italo Pietra to Algeria, who later became the editor-in-chief of Il Giorno. He was the first, unofficial representative of Mattei who negotiated not with the French, but with the Algerians, the National Liberation Front (p. 25).
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About Nico Perrone
Nico Perrone (born April 27, 1935) is an Italian essayist, historian and journalist.
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The inspiring theory for Bretton Woods was suggested by a well known economist, beyond any suspect, John M. Keynes. Lord Keynes - as in the meanwhile he has been appointed by the English Crown - appeared worried about possible troubles in the international system of payments, like those occurred after World War One, which contributed to the new conflict. He has published an article on this subject in 1946. Consequently he gave the blessing of his authority to the agreements. Lord Keynes, as chief of the British delegation, was appointed chairman of the Commission II, charged for the institution of an International Bank for Reconstruction and Development - IBRD (World Bank). The Bretton Woods agreements represented a sort of solemn will for Lord Keynes, since he died out two years later the signature (p. 129).
Keynes’s design was in favour of the liberalization of the economy and the capital’s transfers, for the main purpose of monetary stability. To avoid devaluation of currencies - a practice followed by governments in order to sustain their export - Lord Keynes planned to introduce “Bancor”, a money of account to be accepted by all countries in international exchanges. The international body to be organized would get interests both from debtor and creditor countries, in order to finance the balance of payments system (p. 130).
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Only the American controlled sovereignty of IMF and World Bank are allowed, along with the strong national sovereignty of the US. Little and medium countries have been encouraged to divide themselves - occurred in former Yugoslavia, in Czechoslovakia, and was attempted in Northern Italy - or to dismiss their personality in favour of supranational organizations - in fact directed by the US (p. 141).
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