Category Archives: Europe

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.”

Russia Counter-Sanctions “Unfriendly Nations” by Requiring Gas Payments in Roubles; Dallas Fed Predicts 2022 Global Recession if Russian Energy Supply Remains Restricted

Clearing up misunderstandings about the Russian move to require unfriendly countries to pay roubles for gas.

Michael Hudson Discusses Russia Sanctions Blowback on the Renegade

Michael Hudson revisits how US sanctions will ultimately hurt its economy more than Russisa’s, as crippling the dollar hegemony.

Ukraine Latest: More Shortages; Misunderstanding Russian Strategy?

Some brief Ukraine sightings.

IEA Releases 10-Point Plan to Curb Oil Use: The U.S. Is Unlikely to Follow Much – If Any – of It

The IEA last week proposed 10-point plan to curb oil use. Alas, it’s unlikely that current U.S. regulators and political leaders. will provide any more than lip service to these and other long overdue measures.

Ukraine Updates and Scott Ritter on Russia Military Strategy and Progress

Some over the weekend sightings on the war in Ukraine.

Senators Introduce Right to Repair Legislation

Senators introduce right to repair bill. Antitrust litigation will proceed regardless of whether federal or state legislation is enacted anytime soon.