A Russian Paper on New Currency/International Reserve Options Finds No Magic Bullets
A recent paper in a Russian economics journal confirms that there is no simple way out of the dollar hegemony box.
Read more...Category Archives: China
How German Foreign Minister’s Cancelled Trip Due to Plane Problems Is Symbolic of Country’s Decline
The fact FM Baerbock had to cancel trip and fly home commercial is a useful metaphor for Berlin’s recent rash of self-inflicted wounds.
Read more...BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western
Yet more evidence that the BRICS aren’t ready to launch a serious anti-dollar/new currency regime.
Read more...NAM 2.0+G77 vs G7+NATO+OECD+WEF
Jomo warns US policies are creating war and depression, pushing developing nations to strengthen democratic institutions of global governance
Read more...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...U.S. And China Locked in an Underwater Cable Tug-of-War
A cable impasse in the South Pacific, due in large part to failings in both US and Chinese legal and enforcement regimes.
Read more...America’s Supersized Military: “The Greatest Fighting Force in Human History”
William Astore provides a cold look at the gap between the cost and overly-ambitious aims of the US military versus results.
Read more...War Hawks’ Drive to Expand NATO into Asia May Destroy Western Military Alliance
Individuals can fail upwards, but organizations? NATO not been up to the task of propping up Ukraine, but the US wants to aim it at China.
Read more...Russia Is Finally Correcting False Perceptions of BRICS
Russia is dialing down expectations for big BRICS developments at a late August summit.
Read more...As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions
The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance.
Read more...Explaining China’s & India’s Reported Differences Over Expanding BRICS
Quelle surprise! China and India have different economic interests, which means they have diverging visions for BRICS development.
Read more...Will China Ever Be Able To Kick Coal?
Despite its heavy investment in renewables, China’s reliance on coal remains high due to its perceived reliability and concerns over the potential economic and political instability that could arise from phasing out coal.
Read more...NATO Failed in Ukraine Against Russia. Now It’s Targeting China
NATO is trying to extricte itself from Ukraine. But will the US play ball?
Read more...Alt-Media Is in Shock After the BRICS Bank Confirmed That It Complies with Western Sanctions
Andrew Korybko explains why the BRICS won’t move as quickly on the new reserve currency projects as enthusiasts suggest.
Read more...The EU-Indonesia Fight Over Nickel and Who Gets to Own the Clean Energy Future
The situation also provides another example of the challenges of “derisking” from China.
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