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 …
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 »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 …
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 »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 …
Read More »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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