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Asia Pacific

How Could US Sanctions on Russia Speed up De-Dollarisation and Help Rise of the Yuan?

US Treasury Secretary Janet Yellen recently stated that the greenback has no serious competitors in the world, but that claim might be “wishful thinking” on Washington’s part, geopolitical analyst Brian Berletic says. “While the US dollar is still a formidable reserve currency worldwide with tremendous coercive power, a …

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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 …

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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 …

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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 …

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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 …

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Ukraine-Russia Crisis: Belt and Road Initiative and China’s diplomacy

Pushkar Pushp It has been more than a week since Russia has launched a war against Ukraine. The United state and its allies have already put sanctions on Russia. These sanctions aim to weaken its financial assets and the military. However, as we monitor the Russian invasion of …

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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 …

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Geopolitics of Critical Minerals Towards Energy Transition

Akhmad Hanan and Mayora Bunga Swastika There is no denying that all countries in the world should use clean energy in the future. Based on the agreement at the 26th UN Climate Change Conference of the Parties (COP26) in Glasglow and several other important international meetings, several countries …

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Policies should prioritize the poor and the vulnerable as the economy is projected to recover in 2022

The Malaysian economy is projected to expand by 5.8 percent in 2022, as domestic and external demand recovers, according to the latest edition of the World Bank Malaysia Economic Monitor: Staying Afloat, launched today. The forecast for the year ahead follows growth estimates of 3.3 percent in 2021. …

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