Desmond Lachman If the Fed does not raise interest rates aggressively, it risks both allowing inflation to become entrenched and adding further froth to already bubbly asset price markets. Yesterday, in reviewing his administration’s economic challenges, President Joe Biden did Americans a great service by finally recognizing that …
Read More »China’s secure contribution to peace in Ukraine
Giancarlo Valori In recent hours, Chinese Foreign Minister Wang Yi has comprehensively outlined China’s position and proposal on the resolution of the current crisis in Ukraine, which can be summarised as four six-point commitments. Dialogue and peace are to be promoted through four steps that must adhere to …
Read More »US National Security Adviser: Beijing Will Face Consequences If It Helps Moscow Dodge Sanctions
Washington will “absolutely” respond if Beijing attempts to help Moscow cope with the consequences of the crippling economic sanctions imposed on Russiaby the US and its allies over the Kremlin’s special military operation in Ukraine, according to US national security adviser Jake Sullivan. Sullivan added that the Biden …
Read More »Russia, Ukraine, and the Desert of the Real
Hanna Eid What we are seeing is the USA-NATO nexus reacting to the new reality of multipolarity in the world system by desperately attempting to control the flow of information. The instantaneity with which the entire western political spectrum was whipped into line during the ongoing conflict between …
Read More »America Defeats Germany for the Third Time in a Century
Michael Hudson The MIC, OGAM and FIRE Sectors Conquer NATO My old boss Herman Kahn, with whom I worked at the Hudson Institute in the 1970s, had a set speech that he would give at public meetings. He said that back in high school in Los Angeles, his …
Read More »Violence Is History’s Great Economic Leveler
Rainer Zitelmann The greatest “levelers” in history have been violent events such as wars, revolutions, state and systems collapses, and pandemics, but the greatest poverty reducer in history has been capitalism. The authors of the classical utopian novels were obsessed with the notion of equality. In almost every …
Read More »Militaries around the world benefit from industrial localization: A global trend
Amy Sherif A trend is now globally solidifying, whereby many countries are set on a strategic approach to becoming more self-reliant in development, production and support of military assets. These capabilities were usually exclusively provided by advanced industrial capabilities such as the United States, Russia, France, United Kingdom …
Read More »The Impact of the Russia-Ukraine Conflict on Global Financial Markets
Since the outbreak of the Russia-Ukraine war, the global capital markets had experienced the initial plunge on February 24, and then stabilized and rebounded in the second trading day on February 25. The three major U.S. stock indexes closed up collectively, with the Dow Jones industrial average, the …
Read More »Canada’s bold policies can underpin a successful energy transition
Canada has embarked on an ambitious transformation of its energy system, and clear policy signals will be important to expand energy sector investments in clean and sustainable energy sources, according to a policy review by the International Energy Agency. Since the IEA’s last in-depth review in 2015, Canada has …
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