The EU has begun its retreat: It has taken the first steps in unraveling energy and food sanctions on Russia. Will other steps follow? Or will the pan-West, Russia-phobic axis strike back with further belligerence?…
Category: Economy
[First published in June 22, 2022] Since the creation of the US Federal Reserve over a century ago, every major financial market collapse has been deliberately triggered for political motives by the central bank. The…
Transcript of Interview on The Left Lens with Danny Haiphong May 25th, 2022 DANNY HAIPHONG: Good afternoon, everyone. Happy Wednesday, May 25th, welcome to the stream, to another left lens. Today we have a very…
Most damning to the claim that the pan-European project is benevolent is that there was no plan to relaunch the Eurozone economy after the 2007 economic crisis, unlike in China and the United States. The…
(Updated with transcript) Ben Norton aka Multipolarista Interviews Professor Michael Hudson UPDATE: This wonderful transcript is now available just underneath the video The decline of the US dollar, the three ‘systems’, the sanctions war on…
Two important reports were released last month, neither getting the kind of attention they deserve. On April 4, the Intergovernmental Panel on Climate Change’s Working Group III report was published, evoking a strong reaction from the United…
Sanctions wiped out billions from major lenders The need to write down assets as well as setting aside cash to shield against the expected economic ramifications of anti-Russia sanctions has resulted in billions of euro…
PART I The rest has to be managed and governed, in a standardised and uniform manner. The question is by whom, since the energy transformation continues in the name of strengthening the…
The Russian currency also strengthened its position against the dollar, climbing back to pre-conflict levels The Russian rouble hit a more than two-year high against the euro before stabilizing at around 77 rubles to the…
I was interested to read, last December, of the expansive agreements Vladimir Putin and Mahendra Modi signed at the conclusion of a summit the Russian and Indian leaders held in New Delhi. These came to…