Category Archives: Europe

The Danger of Underestimating Russia

If we keep insisting on sticking with our self-serving fantasies about Russia, we are only going to dig our hole deeper.

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.

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.

The Perverse Calls for More Russian Aggression in the Face of Its Methodical Operation in Ukraine

Some odd ideas about what Russia ought to be doing in Ukraine.

More Oil From U.S. Strategic Petroleum Reserve Heads To Europe

The use of the Strategic Petroleum Reserve looks like three card monte.

Russia Announces Initial Retaliatory Sanctions Targets; Waiting for the Other Shoe to Drop

Russia has started rolling out its retailiaory “special economic measures”. But it’s still not clear what they amount to in practice.

Did UN Secretary-General Guterres Commit A War Crime At Azovstal?

A key scene from the protracted Azovstal steel factory drama.

Michael Hudson Talks with Katie Halper and Aaron Maté About the Broader Ramifications of the US/NATO Conflict with Russia

Michael Hudson expliains how the US hopes to benefit from its proxy war with Russia.

The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity

The EU is planning to punch Russia hard with yet another embargo, this of its oil. But will this wind up being more rope a dope?

Ilargi: Ukraine Warheads

A prescient piece on the trajectory of Ukraine-Russia tensions.

Gas Flares: Europe Has a Hissy, Flails About as Russia Imposes Gas Payment Countersanctions and Economies Already Feel Blowback Bite

Russia implements its gas for roubles scheme as promised, cutting off supplies to non-adherents. Howling ensues.

Climate Migration: What Do We Really Know?

Overall, the literature on climate-induced migration suggests that people are moving already because of climate change and that increasing numbers will do so in the future, either voluntarily or not.

Jaishankar Calls Out Europe’s Selective Concern on Rules-Based Order

Indian external affairs minister S. Jaishankar shared views on rules-based order with world diplomats at a conference Tuesday in Delhi.

‘Elon, There Are Rules’: EU Says Twitter Must Comply With New Digital Services Act

One day after Elon Musk took over Twitter, a top European regulator gave the world’s richest man a “reality check” about how they will respond if he loosens the platform’s content moderation policies.