The undisputed dominance of the US is receding: even though nations across the world are unlikely to refuse the greenback in the near future, the trend is clear, DC-based think tank Responsible Statecraft has warned….
Category: Economy
Peter Koenig – Press TV Interview – Transcript / 24 May 2023 Background The governor of the Central Bank of Pakistan, as the former chairman, handed over the presidency to the governor of the Iranian central…
MOSCOW, (Sputnik) – Moscow and Pyongyang are working on creating a system of settlements in rubles, this will help boost trade, Russian Ambassador to North Korea Alexander Matsegora said in an interview with Sputnik. The…
The ultra-secretive Bilderberg Group, composed of heads of state, industry, media, finance and technology, has revealed a list of attendees and its agenda for its 69th annual meeting. This year’s event takes place May 18-21 in a luxury hotel in…
US policies and mounting concerns over creditworthiness are dragging down the greenback, the investor says The US dollar is losing its leading global position, as Washington has become the world’s largest debtor, famed investor Jim Rogers…
Prof. Michael Hudson’s new book, The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point” is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and…
Economist Michael Hudson discusses the collapse of four US banks in two months, giant JP Morgan Chase taking over First Republic Bank, and how government regulators are in bed with the bankers. Economist Michael Hudson…
US inflation plummeted to 5% in March, down from 9.1% last summer. Alas, it’s too early to pop open the champagne, as the nation’s economy is tainted by a variety of maladies, as Dr. Paul…
This photo illustration taken on January 6, 2017 shows Chinese 100 yuan notes and one US dollar notes in Beijing – Sputnik International, 1920, 03.05.2023 © AFP 2023 / FRED DUFOUR De-dollarization is heading for a…
Trade wars have been common throughout history, but they often have unintended consequences that undermine their intended goals. From Napoleon to the US and EU – none got it right. In 1806, the French Emperor Napoleon…
