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.”
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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.
Read more...Is China Socialist or State Capitalist? – Michael Hudson and Patrick Bond
Michael Hudson and Patrick Bond: Will China resist financialization and lead the way on climate policy, or is it practicing capitalism lite?
Read more...Progressives Fall for Crypto-Bros Intelligence-Insulting Claim of “Inclusiveness”
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 Rupee-Ruble Payments System for Trade with Russia
India is mulling setting up rupee-ruble payment arrangements, to allow it to trade with Russia in spite of the sanctions regime.
Read more...AG Merrick Garland Outlines Corporate Crime Prosecution Priorities
AG Merrick Garland outlined corporate crime enforcement priorities in a speech last week before an ABA group.
Read more...America Defeats Germany for the Third Time in a Century: The MIC, BARE and OGAM Conquer NATO
Why America is operating abroad to advance the interests of arms dealers, oil & gas, and Big Finance, and not its citizens.
Read more...A Very Preliminary Look at the Partial Suspension of Russia’s Access to SWIFT
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...Global Financial Risk Factors and Sovereign Risk
An increase in global financial risk causes a large and persistent widening of sovereign spreads, with the spillover effects especially pronounced for speculative-grade sovereign debt
Read more...Financialization at Heart of Economic Malaise
Sadly, finacialization is still very much with us, even though policy-makers know better by now.
Read more...War on Cash: Banks Crack Down on Independent ATMs
Banks crack down on independent ATM operators in the latest salvo in the war on cash.
Read more...Trudeau’s Money Heist: Emergencies Act Allows Seizure of Bank Accounts, Securities, Crypto of Those Suspected of “Links” to Convoy Members w/o Court Order
Why the implementation of Canada’s Emergencies Act is a terrible precedent.
Read more...Arbitration Antics: Warren, Porter, Press Regulator to Explain Yet Another Way Wells Fargo Found to Game the System
Sen. Elizabeth Warren and Rep Katie Porter press regulator for answers as to how Wells Fargo apparently gamed the arbitration system.
Read more...Resource Limits to American Capitalism & The Predator State Today
James K. Galbraith discusses the shift of the US from industrialism to his so-called predator state: finance-led, military-centered corporatism
Read more...Occupy the SEC to DoJ: Act on Congressional Mandate, Quit Rubber Stamping Bank Mergers
Occupy the SEC is back! The small group of lawyers, bank compliance experts, and financial services industry product specialists generated an outside reputation with its highly praised, over 300 page comment letter on Dodd Frank. As Law.com wrote: In detailing how they believe the Volcker Rule can be strengthened, Occupy the SEC has written what […]
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