India Expected To Reject Russian Demand To Pay For Oil In Chinese Yuan
As we warned, bilateral trade, here to avoid using the dollar, is messy. Russia is balking at taking more Indian rupees in payment for oil.
Read more...Category Archives: Guest Post
Russia, China Unite Against US Empire
Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.
Read more...More Good News for Cash in Europe, More Bad News for Digital Dollar in US
Recent developments suggest the trend away from cash and toward central bank digital currencies (CBDCs) may not be quite as smooth as some may have wished.
Read more...The Explosion of Israel’s Formaldehyde Strategy in Gaza
There can be no peace in Palestine without justice, which means Israel’s policy of disengagement, brutal apartheid, and occupation must end.
Read more...The Need to Disarm the Discourse on China
On US escalation versus China, particularly on the PR front.
Read more...The British Roots of the Conflict in Palestine
How the British set up and fed strife between Israeli and Palestine.
Read more...Links 10/19/2023
30-Year Treasury Yield Spikes Past 5%, 30-Year Mortgage Rates Hit 8%, Mortgage Applications Plunge
Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.
Read more...EPA Fast-Tracking of Gene-Altering Pesticide Sparks Concerns
The EPA is rushing a gene-changing pesticide through the approval process which would open the door to similar products from Big Chemical
Read more...2:00PM Water Cooler 10/18/2023
~ Today’s Water Cooler ~
Read more...Iran Calls For Middle East States to Start Economic Escalation Via Oil Embargo On Israel
An oil embargo against Israel looks unlikely to have much economic impact but it could promote other Middle Eastern joint action.
Read more...After Poland’s Elections: Democracy and Keynesianism?
A divergent take on Poland elections: PiS lost becaue it promised to address the costs of 1990s shock doctrine but then did little.
Read more...2:00PM Water Cooler 10/17/2023
~ Today’s Water Cooler ~
Read more...New York City Will Send Migrant Families to Flood-Prone, Far-Off Tents
New York City will send arriving migrant families seeking shelter to a former airfield. Those now in shelters get 60-day eviction notices.
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