Serbian president says the situation now resembles the “Chekhov’s gun” narrative principle: “If in the first act you have hung a pistol on the wall, then in the following one it should be fired. Otherwise don’t put it there.”
Read more...Data on banks’ investments in European sovereign debt show that trust importantly influences cross-border investment.
Read more...Yet again reading the Russia/Ukraine tea leaves.
Read more...A wide-ranging discussion of some of the key mechanisms for exercising power in advaced economies, starting with monopolies.
Read more...Bloomberg is countering the prevaiing cheery narrative that Europe can muddle through its ongoing energy crunch.
Read more...Michael Hudson describes how the war with Russia is changing the economic and political order, and not to the advantage of Europe and the US.
Read more...ECB’s assets drop by €800 billion. Mexico hiked too today, way ahead of the Fed, keeps peso from falling against USD.
Read more...This Asian north-south bloc grows stronger in response to Washington’s efforts to maintain hegemony, and as Sir Halford John Mackinder said, “Who rules the world island commands the world.”
Read more...On Merkel’s and Germany’s posture toward the war in Ukraine and Russia generally.
Read more...German Chancellor Olaf Scholz and Thomas Haldenwang, the internal security chief Scholz accepted from Angela Merkel, have pulled off a media coup in the style of the first German minister of propaganda.
Read more...Japan and the Netherlands are joining the US in tightening controls over the export of advanced chip-making machinery to China.
Read more...The dubious but not surprising end of the MH17 trial.
Read more...Why the road away from the dollar will have many twists and turns.
Read more...Why the dollar’s demise is not around the corner.
Read more...Taking stock of the damage done by Russia’s continuing missile attacks and what that means for the war in Ukraine.
Read more...