Category Archives: Energy markets

US Leads Sanctions Killing Millions to No End

Food crises, stagnation and price increases are worsening. Sanctions against Russia hurt those relying on wheat and fertilizer imports.

The Next PM Won’t Be Any Better – Look at the MPs Who Want Boris Johnson Out

Boris Johnson’s continuing survival as Prime Minister demonstrates how weak and rotten UK leadership has become.

Michael Hudson: Is US/NATO (with WEF Help) Pushing for a Global South Famine?

Are the coming famines in Africa and parts of Asia an accident or design?

Biden Kowtows To Saudi Arabia

A scheduled Biden in-person meeting with Saudi Crown Prince Mohammed bin Salman is a sign of desperation.

The War Situation Has Developed Not Necessarily to Ukraine’s or the West’s Advantage But They Plan to Negotiate When They’ve Turned Things Around a Bit

Looking at the presently insurmountable gap between the West’s probable bid and Russia’s ask to settle the militiary and economic wars.

Michael Hudson on the Coming Global Fracture as Economic Orders Clash

How our current “clash of civilizations” is a war between economic models.

The Oil Industry’s Downstream Nightmare Is Here To Stay

Another oil and gas crisis problem: inadequate refinery capacity.

“One Reason Republican Lies About the Climate Crisis Work”

Republicans use the fact that tackling climate change will impose costs as a reason not to go there, while Dems largely finesse the issue.

Sanctions Now Weapons of Mass Starvation

US/allied sanctions against Russia have not achieved their objectives but are worsening economic stagnation, inflation and hunger worldwide.

EU Continues to Try to Hurt Russia by Shooting Itself in the Foot

Amazement that the EU is engaging in yet more self harm to try to damage Russia.

Understanding the Global Rise in Inflation

How high demand for traded goods is generating inflation, and central banks hitting the brakes is likely to hit growth unnecessarily hard.

The EU Needs More Than $1 Trillion for Plan to Ditch Russian Oil and Gas

The EU will have to make very large expenditures to end its depencence on Russian energy. But does it also have the organizational chops?

Paradigm and Nervous Breakdown: Globalization Goes Into Reverse as Inflation/Scarcity Crisis Accelerates

How long-established structures are approaching breakdown, yet those in charge try to look past that.

Geopolitics Takes A Back Seat As Biden Drops Sanctions On Venezuela

Quelle surprise! The US is trying to kiss and make up with Venezuela.

Michael Hudson on the Ongoing Economic War

Michael Hudson looks at the long game of fundamental ecomomic restructuring of trade and financial relations among great powers.