Category Archives: Europe

Russia’s War with Ukraine: Five Reasons Why Many African Countries Choose to Be ‘Neutral’

Why African countries have chosen to be ‘neutral’ on the issue of Russia’s war with Ukraine.

The Importance of Custody, or NATO’s Internal Gold War

Both the UK’s Government and the Bank of England have gotten suspiciously tetchy over German requests to get its gold back.

No One Will Win in the Russia-Ukraine Conflict

Gail Tverberg argues that the war in Ukraine does not get Russia or other energy producers out of their scarity bind.

Putin Edict on “Gas for Roubles” Consistent With Original Description (and Our Take); Western Officials Nevertheless Claim a Walkback

Putin’s gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that’s working out to Russia’s advantage.

Joe Lauria Interviews Michael Hudson and Richard Wolff on Consortium News

Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.

Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues

What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot

The IMF Connection with the Ukraine Crisis

You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.

Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction

Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.

“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog

Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.

NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson

Michael Hudson continues his political and financial analysis of the war in Ukraine.

US Natural Gas Production and LNG Exports Amid Urgent Demand for LNG from Europe

Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.

Conflict, Empires, and Political Trust

Conflict victimisation in WWII left a negative imprint on levels of political trust throughout Europe and Central Asia that has persisted over generations.

Rationing Looms As Diesel Crisis Goes Global

Diesel shortages are on the way to becoming so serious that they’ll first create inflation and then slow demand.

Michael Hudson Talks with the Saker About the Russian Counter-Sanction of Paying for Its Gas With Roubles

Michael Hudson answers the Saker’s questions about the ramifications of Russia’s “gas only for roubles if you have been mean to us” measure.

Some Additional Comments on the Russian Counter-Sanction of Requiring Gas Payments in Roubles

Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”