Manipulations of Hungarian-born American magnate George Soros and his Open Society Foundations is a shining example of such activity, Italian political commentator Mario Sommossa noted in his interview with Sputnik.
"The most indicative case of combining altruistic humanitarian goals with 'down-to-earth' objectives is the work of the organization founded and sponsored by George Soros," Sommossa told Sputnik Italian.
"He became famous in September 1992, when he had played the main role in instigating the so-called 'Black Wednesday,' which prompted the Bank of England to devalue the pound. This operation brought Soros about a billion dollars in net earnings," the political commentator recalled.
This particular case was described by political pundit Anatoly Vasserman, who explained how Soros' trick worked.
However, according to Sommossa, "Black Wednesday" isn't the only example of Soros' currency manipulations.
The Italian political commentator told Sputnik that after graduating from the London School of Economics and getting a job in Singer & Friedlander in 1954 Soros started with speculative activities with national currencies.
"In 1992, he forced Italy to withdraw from the European monetary system and secretly sell him a huge amount of lira, which turned out to be a loss of 48 billion dollars for Rome," Sommossa highlighted.
Interestingly enough, in his October 2016 interview with Sputnik Malaysian geopolitical analyst and scholar Mathew Maavak pointed out that Soros could also have had a hand in the Asian financial crisis of 1997, which started in Thailand with the financial collapse of the Thai baht.
"In addition, Soros' Open Society Foundations is one of the main supporters of free drug sales in the world," the Italian commentator remarked.
Indeed, the Foundations' Global Drug Policy Program envisages the support to "national and regional entities in their aim to decriminalize possession of all drugs, and emphasize alternative approaches to regulated access to a variety of currently illicit drugs."
Sommossa said that seeking to improve his image, Soros began funding well-known non-governmental organizations, such as Amnesty International, Human Right Watch, Center for Constitutional Rights, American Civil Liberties Union and others.
"In addition, [Soros] created his own non-governmental organizations that deal with the issues of migrants and human rights protection," the Italian commentator said, "It is also well known that politics also lies in the sphere of his interest: Soros has invested hundreds of millions of dollars in the election campaigns of American Democrats."
"In many cases, the purpose of such financing was political destabilization in the countries where these organizations worked. In other cases the goal was to create specific economic and financial conditions which allow [Soros'] entities to benefit from them," the commentator said.
"To understand who George Soros is and what some of NGOs he has created are involved in, one can simply refer to his own words. In an interview with CNN… Soros de facto admitted that he could finance the 'Maidan revolution' to 'bring a US-friendly junta to power.' In the same interview, he admitted that he conducted similar operations in Georgia, Kyrgyzstan, Myanmar, and Iran," Sommossa emphasized.