As Longterm Partnership With Us Fades, Saudi Arabia Seeks to Diversify Its Diplomacy – And Recent Deals With China, Iran and Russia Fit This Strategy
US policy takes a hit in the Middle East.
Read more...Category Archives: Commodities
US Continues Its Abuse of the EU With Recent Inflation Reduction Act Agreement
The deal allows European Commission President Ursula von der Leyen to sell a breakthrough without accomplishing anything for Europe.
Read more...Interest Rate Hikes and IMF Bailouts: the US Tries to Roll Back Chinese Influence in the Global South
As higher interest rates and inflation hit developing countries, the IMF is trying to use bailout terms to sideline Beijing.
Read more...The West Goes After LNG in Mozambique Despite Regional Violence That Has Displaced Close to a Million People
The EU and US are trying to replace Russian gas and push China out of the resource-rich African nation.
Read more...Michael Hudson and Radhika Desai on Dollar Imperialism
A deep dive on the development of the dollar system.
Read more...The EV Revolution Brings Environmental Uncertainty at Every Turn
As demand for electric vehicles ramps up, environmental stumbling blocks have emerged.
Read more...US-China Struggle for DR Congo Resources Intensifies
The Democratic Republic of Congo’s estimated $24 trillion of untapped mineral resources is coveted by both the US and China as rivalry heats up.
Read more...House Committee Wraps Up Historic Investigation Into Oil Industry
A congressional panel released another round of internal oil industry documents, capping off a two-year investigation.
Read more...Bankman-Fried, Political Money, and the Crash of FTX
How FTX showering money on both parties to try to paralyze regulators.
Read more...Needed Global Financial Reforms Foregone Yet Again
The pathologies that produced the financial crisis are still circulating.
Read more...Why Supertanker Rates Are Suddenly Crashing
Very Large Crude Carrier rates have plunged to just $38,000 per day, falling some 62% from a few weeks ago.
Read more...The Diesel Crunch Is Finally Causing Demand Destruction
Diesel inventories slump to their lowest level for this time of the year since 1951.
Read more...Washington Attempts to Bully India into Cutting Ties with Russia
The US tries to coerce New Delhi into scaling back trade with Russia even if it hurts the Indian economy.
Read more...Oil Executives Warn G7 Price Cap Could Lead To Stranded Tankers
The more you look at the G7 Russian oil price scheme, the worse it appears.
Read more...Debunking the Petrodollar Myth: Pricing Oil in Dollars Is Just a Convention
The term petrodollar has come to have talismanic value. Time to instill some reality.
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