Michael Hudson: Debt, Sponsors of the Wars, Future of USD and BRICS
ichael Hudson on topics old and new: the role of debt in rentier extraction and US hegemony, and the prosepcts for the dollar and BRICS.
Read more...Category Archives: Africa
The Sahel Tug-of-War: U.S. And Russia Face Off For Influence In Niger
A US propaganda outlet frets over Niger.
Read more...French Invasion of Niger Could Turn into All-Out Franco-African War
An assessment of the stakes for France in trying to reverse the military coup in Niger by force.
Read more...Russian Central Bank Governor Elvira Nabiullina and Head of “BRICS Bank” Throw Cold Water on BRICS Currency Project
We’re late to a story that interestingly has been very much under-reported, perhaps because it is contrary to the anti-globalist narrative….already a minority faction in the Anglosphere. We’ve said for some time that the prospects for replacing the dollar are a long way away, even more so with a newly-created, reserve currency aspirant. Our views […]
Read more...Colonialism or Sovereignty? How the Global Financial System Traps Countries in Debt
A deep dive on developing country debt crisis and how they reveal the workings of international finance.
Read more...America Has Just Destroyed a Great Empire
America is making a mess in trying to preserve its hegemony.
Read more...The China Debt Trap Lie that Won’t Die
US officials and Western media make things up as China weakens the stranglehold Western bondholders and international financial institutions have on poorer countries.
Read more...A New Third World Debt Crisis? The Need for System Change
Emerging economies look to be on the verge of a whole lotta debt hurt. Why does this happen to them so often?
Read more...What’s Behind the US-Driven Reforms Coming to the World Bank?
Former Mastercard CEO Ajay Banga takes over as World Bank president as the organization is embarking on a series of reforms requested by Washington.
Read more...The Food War, the Grain Deal, and the Real Deal
The West is trying to use the Ukraine grain deal to stymie Russia…..with ample support from the UN’s Guterres.
Read more...Violence in Sudan and the Decline of U.S. Hegemony
The conflict in Sudan is an expression of the changing world order and the intense fight over resources and critical geographies.
Read more...Ukraine Conflict Highlights Key Question for Africa: Should We Focus on the Problems of the Elite, or Those Faced by the Majority of the Population?
Professor Sokona, Vice-Chair of the IPCC, on how Ukraine has reshaped thinking in Africa and on the needed transformation in its leadership
Read more...A Debt Crisis Looming in the Global South?
Martin Guzman explains the role of power in sovereign debt crises and restructurings.
Read more...Kamala Harris Serves up Crumbs in Africa as US Continues to Offer Little in Comparison to China
The US wants African minerals for its goal of becoming the world’s cleantech superpower, but it cannot compete with Beijing economically on the continent.
Read more...“Biden’s Awkward Democracy Summit”
The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.
Read more...