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GEOPOLITICAL ECONOMY REPORT

 * Eurasia
   
    * Western sanctions failing: EU imports more Russian gas, China beats US
      tech war
   
    * BRICS expanding into economic powerhouse: Petrodollar under threat
   
    * USA & NATO responsible for Ukraine war, German & French public say in poll
   
    * Anti-China hawks’ drive to expand NATO into Asia may destroy Western
      military alliance
   
    * NATO failed in Ukraine against Russia. Now it’s targeting China

 * Latin America
   
    * BRICS expanding into economic powerhouse: Petrodollar under threat
   
    * Burkina Faso’s new president condemns imperialism, quotes Che Guevara,
      allies with Nicaragua, Venezuela, Cuba
   
    * US legally owes Nicaragua reparations, but still refuses to honor 1986
      Int’l Court of Justice ruling
   
    * Trump boasts he wanted to take Venezuela’s oil after overthrowing its
      government
   
    * Argentina adopting US dollar to fight inflation would be ‘insane’
      neocolonialism, says economist Ha-Joon Chang

 * Africa
   
    * BRICS expanding into economic powerhouse: Petrodollar under threat
   
    * US/France threaten intervention in resource-rich Niger: Fears of war in
      West Africa
   
    * Burkina Faso’s new president condemns imperialism, quotes Che Guevara,
      allies with Nicaragua, Venezuela, Cuba
   
    * China forgives 23 loans for 17 African countries, expands ‘win-win’ trade
      and infrastructure projects
   
    * Only 4 of 55 African leaders attend Zelensky call, showing neutrality on
      Ukraine and Russia

 * USA
   
    * Atomic bombing of Japan was not necessary to end WWII. US gov’t documents
      admit it
   
    * US woos India’s far-right PM Modi to help wage new cold war on China
   
    * US Congress plots to save dollar dominance amid global de-dollarization
      rebellion
   
    * Trump boasts he wanted to take Venezuela’s oil after overthrowing its
      government
   
    * Debunked: Media falsely claims China is building spy base in Cuba

 * Economy
   
    * Western sanctions failing: EU imports more Russian gas, China beats US
      tech war
   
    * Imperialism: How the struggle of both classes and nations creates our
      world
   
    * BRICS expanding into economic powerhouse: Petrodollar under threat
   
    * US pressures Saudi Arabia to sell oil in dollars, not Chinese yuan, amid
      Israel negotiations
   
    * Anti-China hawks’ drive to expand NATO into Asia may destroy Western
      military alliance

 * Podcast
 * Videos
 * Español




ECONOMY


WESTERN SANCTIONS FAILING: EU IMPORTS MORE RUSSIAN GAS, CHINA BEATS US TECH WAR

Western sanctions are backfiring: The EU is importing Russian liquified natural
gas at record levels, and China is making high-tech chips despite US export...

Ben Norton2023-09-05


ECONOMY


IMPERIALISM: HOW THE STRUGGLE OF BOTH CLASSES AND NATIONS CREATES OUR WORLD

Political economists Radhika Desai and Michael Hudson explain how imperialism is
a product not only of the struggle between classes but also nations.

Radhika Desai and Michael Hudson2023-08-29


AFRICA


BRICS EXPANDING INTO ECONOMIC POWERHOUSE: PETRODOLLAR UNDER THREAT

In its South Africa summit, BRICS invited six new members: Argentina, Egypt,
Ethiopia, Iran, Saudi Arabia, and the UAE. The bloc now represents 37%...

Ben Norton2023-08-25

POPULAR


USA


US POST-9/11 WARS CAUSED 4.5 MILLION DEATHS, DISPLACED 38-60 MILLION PEOPLE,
STUDY SHOWS


EURASIA


US CORPORATIONS CASH IN ON UKRAINE’S OIL AND GAS


EURASIA


EUROPE PAYS MORE FOR BANNED RUSSIAN OIL, RESOLD BY INDIA – AS EU WAGES FALL


ECONOMY


BRICS BLOC IS ADDING MEMBERS, PLANNING NEW CURRENCY TO CHALLENGE US DOLLAR


ECONOMY


NY TIMES IS WRONG ON DEDOLLARIZATION: ECONOMIST MICHAEL HUDSON DEBUNKS PAUL
KRUGMAN’S DOLLAR DEFENSE


EURASIA


USA & NATO RESPONSIBLE FOR UKRAINE WAR, GERMAN & FRENCH PUBLIC SAY IN POLL

Most people in Germany and France blame the United States and/or NATO for the
war in Ukraine, according to a poll conducted not by...

Ben Norton2023-08-21


ECONOMY


US PRESSURES SAUDI ARABIA TO SELL OIL IN DOLLARS, NOT CHINESE YUAN, AMID ISRAEL
NEGOTIATIONS


USA


ATOMIC BOMBING OF JAPAN WAS NOT NECESSARY TO END WWII. US GOV’T DOCUMENTS ADMIT
IT


AFRICA


US/FRANCE THREATEN INTERVENTION IN RESOURCE-RICH NIGER: FEARS OF WAR IN WEST
AFRICA


ECONOMY


ANTI-CHINA HAWKS’ DRIVE TO EXPAND NATO INTO ASIA MAY DESTROY WESTERN MILITARY
ALLIANCE


AFRICA


BURKINA FASO’S NEW PRESIDENT CONDEMNS IMPERIALISM, QUOTES CHE GUEVARA, ALLIES
WITH NICARAGUA, VENEZUELA, CUBA

Burkina Faso's new President Ibrahim Traoré has vowed to fight imperialism and
neocolonialism. Pledging a "refoundation of the nation", invoking revolutionary
leader Thomas Sankara,...

Ben Norton2023-07-30


EURASIA


NATO FAILED IN UKRAINE AGAINST RUSSIA. NOW IT’S TARGETING CHINA

Political economists Radhika Desai and Michael Hudson are joined by geopolitical
analyst Pepe Escobar to discuss how NATO has shifted from its proxy war...

Radhika Desai and Michael Hudson2023-07-28


ECONOMY


COLONIALISM OR SOVEREIGNTY? HOW THE GLOBAL FINANCIAL SYSTEM TRAPS COUNTRIES IN
DEBT

Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how
the international financial system traps Global South countries in debt,
reinforcing a neocolonial...

Radhika Desai, Michael Hudson and Ann Pettifor2023-07-11


LATIN AMERICA


US LEGALLY OWES NICARAGUA REPARATIONS, BUT STILL REFUSES TO HONOR 1986 INT’L
COURT OF JUSTICE RULING

37 years after a 1986 International Court of Justice ruling, the United States
still refuses to pay Nicaragua the reparations it legally owes. Today,...

Ben Norton2023-06-28


ECONOMY


CORPORATE PROFITS WERE BIGGEST DRIVER OF INFLATION IN EUROPE, IMF ADMITS

Rising corporate profits have caused 45% of inflation in Europe, compared to 40%
for rising import prices and just 15% for workers' wages, according...

Ben Norton2023-06-26


EURASIA


US WOOS INDIA’S FAR-RIGHT PM MODI TO HELP WAGE NEW COLD WAR ON CHINA

The US government is trying to divide the BRICS bloc and recruit India for its
new cold war on China. Biden doesn't care that...

Ben Norton2023-06-23


ECONOMY


A NEW THIRD WORLD DEBT CRISIS? THE NEED FOR SYSTEM CHANGE

Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss the
growing debt crisis in the Global South and the urgent need for forgiveness...

Radhika Desai, Michael Hudson and Ann Pettifor2023-06-22


ECONOMY


US CONGRESS PLOTS TO SAVE DOLLAR DOMINANCE AMID GLOBAL DE-DOLLARIZATION
REBELLION

The US Congress held a hearing titled "Dollar Dominance: Preserving the U.S.
Dollar’s Status as the Global Reserve Currency", as countries around the
world...

Ben Norton2023-06-20


ECONOMY


DID THE DEBT CEILING DEAL REALLY SAVE THE US FROM BANKRUPTCY?

Economists Radhika Desai and Michael Roberts discuss the US debt ceiling deal
reached by President Joe Biden and the Republican opposition, and what it...

Radhika Desai and Michael Roberts2023-06-17


LATIN AMERICA


TRUMP BOASTS HE WANTED TO TAKE VENEZUELA’S OIL AFTER OVERTHROWING ITS GOVERNMENT

Former US President Donald Trump boasted at a Republican Party rally that he
wanted to "take over" Venezuela, and "we would have gotten all...

Ben Norton2023-06-12


USA


DEBUNKED: MEDIA FALSELY CLAIMS CHINA IS BUILDING SPY BASE IN CUBA

Media outlets claimed China is building a secret station in Cuba to spy on the
US, citing anonymous intelligence officials. But the Pentagon admitted...

Ben Norton2023-06-10


ECONOMY


BRICS NEW DEVELOPMENT BANK DE-DOLLARIZING, ADDING ARGENTINA, SAUDI ARABIA,
ZIMBABWE AS MEMBERS

The BRICS bloc's New Development Bank, an alternative to the US-dominated World
Bank, is de-dollarizing its loans, promoting local currencies, and adding new
members:...

Ben Norton2023-06-06


OPINION


IN CHINA, GERMAN LAWMAKER CALLS FOR END TO SANCTIONS, AN ‘INSTRUMENT OF WAR’
(THAT BACKFIRES ON EUROPE)

"Sanctions are an instrument of modern warfare", says leftist member of the
German Bundestag Sevim Dağdelen, warning in a speech in China that economic...

Sevim Dağdelen2023-06-05
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