Category Archives: Russia

Dollar Diplomacy: Michael Hudson and Steve Keen on Real Progressives

A wide-ranging and free-wheeling discussion of money, oligarchy, trade, China, the future of the dollar….with an eye to MMT.

Happy Bastille Day: Some Musings on Recent Events in Sri Lanka

Reflections on Bastille Day 2022: Last Saturday, Sri Lankans stormed their presidential palace, causing President Gotabaya Rajapaksa to flee to the Maldives.

Pursuing Its National Interest in the New Multipolar World: India to Boost Sakhalin-1 Oil Output

Sakhalin-1 opportunity: Indian firms to step in and replace departing U.S. and Japanese companies.

Some Quick Thoughts About Russia’s Resilience and America’s Malaise

Seeking reader input on preliminary hypotheses on why Russia is faring better than expected under the sanctions while the US is suffering.

The G7 Is Still Pushing Its Nutty Russia Oil Price Cap Idea

A new effort to punch Russia in the nose look as likely to backfire as earlier attempts, charitably assuming the scheme gets off the ground.

The Coming Sanctions-Induced Economic Tsunami?

It does not take much in the way of prognostication skills to anticipate that things can get way way worse on the economic front.

Supremes Kayo Climate Change Regulation: West Virginia v. EPA

The Supreme Court last week scuppered the ability of the EPA to implement climate change regulation under the Clean Air Act- absent further action by Congress.

Shorting British, American and Baltic Intelligence – Going Long on Vladimir Putin

Perhaps not surprisingly, it’s possible to get books published about Putin based on accounts by spooks not in Russia when Putin was in office.

Weaponizing Free Trade Agreements

free trade agreements may increasingly become economic weapons in the new Cold War, disrupting earlier globalization.

Michael Hudson: A Depression Is Coming

Economist Michael Hudson explains the inflation crisis and warns a “long depression” is coming, due to the new cold war on Russia and China.

Fighting Words – What the Poles Say When They Dare Do Nothing About NATO and the US

How Poland is getting the short end of the stick from the US and NATO. Not that that should be a surprise.

Oil Markets Could Face A Doomsday Scenario This Week

How will oil markets react if they get confirmation that OPEC+ has no spare production capacity?

“G7 Aims to Hurt Russia with Price Cap on Oil Exports”

If this harebrained Russia oil price cap scheme gets off the ground, it’s likely to be yet another Western economic own goal.

“Why the Ukraine Crisis Will Make Little Difference to Dollar Supremacy”

Why the depth of the U.S. securities market will extend dollar hegemony beyond what would seem to be its natural sell-by date.

Boycotts in Sport May Not Advance Human Rights. But They Do Harm Individual Athletes

Wimbledon bans Russian athletes from this year’s tournamentnt. Other than virtue-signalling, what did its organisers hope to achieve?