Oil Traders Are Cashing In on Volatile Markets
Oil traders, including the trading desks of the big oil companies, continue to trade in Russian hydrocarbons and are making extraordinary profits.
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More Fallout From the Nord Stream Pipeline Attacks
By Conor Gallagher Yves wrote yesterday about what the Russian response might be to the Nord Stream attacks. I wanted to touch on a few other potential consequences I’ve come across, and as there are no doubt more, hope to see them in comments. Economic Catastophre in Europe Now Certain There were questions in Washington […]
Read more...Michael Hudson on The Euro Without Germany
Conor: Germany’s swift demise reminds me of the German intelligence agent Bachmann in “A Most Wanted Man.” He’s led to believe he’s operating on an equal level with CIA and British intelligence only to realize too late he was being played the whole time. Hudson gets to the bottom of what Germany’s downfall will mean […]
Read more...Michael Hudson on Student Debt Relief, Inflation, Ukraine Disaster Capitalism, Petrodollar Challenge
Michael Hudson gives a newswap with Ben Norton: student debt forgiveness, inflation, Ukraine, dollar rows, and the death of the Queen
Read more...Can the U.S. Kick Its Reliance on Russian Uranium?
Ukraine is pushing for sanctions on Russian uranium. Thorium isn’t ready for prime time, so sanctions put further pressure on energy markets.
Read more...How France Underdevelops Africa
Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.
Read more...Ilargi: EU – Controlled Demolition
Puzzling why the EU seems determined to drive itself off a cliff.
Read more...The Future of Copper and the Future of Bougainville
By John McGregor, a translator and political violence researcher The mass transition to renewable energy will require a fundamental redesign of much of our technology and the infrastructure that supports it. Copper will be required in far greater quantities than it is currently. A July 2022 analysis by S&P Global has identified that there will […]
Read more...Michael Hudson: American Diplomacy as a Tragic Drama
American policies have become astonishingly obvious about not simply putting the US first, but also exploiting supposed partners to do so.
Read more...Some Implications of the UN’s Ukraine Grain and Russia Fertilizer/Food Agreements
The press was all over the UN’s Ukraine grain deal, but the UN agreement on Russian fertilizer and food may be more imporant in the long run.
Read more...The Great Railroad Strike of 2022 Averted (So Far) After Biden Intervenes
Will railroads have a long, hot summer?
Read more...In Agriculture, a Perennial Problem with Grains
Some researchers say Kernza will make the food system more sustainable; others doubt it will ever produce enough grain.
Read more...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.
Read more...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.
Read more...An Ode in Praise of the Wood Stove
Home heating in general, and wood stoves in particular. They’re great!
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