Russia implements its gas for roubles scheme as promised, cutting off supplies to non-adherents. Howling ensues.
Read more...Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Read more...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.
Read more...Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Read more...Why do so many people who think of themselves as smart have their brains go to mush when the topic is crypto?
Read more...India is mulling setting up rupee-ruble payment arrangements, to allow it to trade with Russia in spite of the sanctions regime.
Read more...A look at economic sanction options for Russia.
Read more...Russia is scrambling to deal with being shut off Visa and Mastercard.
Read more...Why America is operating abroad to advance the interests of arms dealers, oil & gas, and Big Finance, and not its citizens.
Read more...News on the partial SWIFT cutoff for Russia was fuzzy. Despite being included, its central bank intervened in FX markets this AM. What gives?
Read more...Why the implementation of Canada’s Emergencies Act is a terrible precedent.
Read more...America has gone off the deep end re Ukraine. It’s pressuring allies to engage in economic self-harm, which is not a relationship-builder
Read more...Public authorities should refrain from taking measures supporting additional investment flows into Bitcoin and should treat it as rigorously as the conventional financial industry to combat illicit payments, money laundering, and terrorist financing
Read more...Not surprisingly, fintech looks like a variety of old scams in new bottles.
Read more...Thanks to poor drafting and a lack of enforcement, anti-secrecy legislation intended to make it clearer who owns UK companies isn’t working
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