Category Archives: India

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.

BRICS: An Anti-Imperialist Fantasy and Sub-Imperialist Reality? – Patrick Bond

A no-holds-barred critique of BRICS as mainly aspiring to participate in in current organizations, rather than a create new ones.

US Tries to Play Hardball with India

The neocons go to their usual playbook. Meanwhile, India expands trade routes with Russia and looks for a way forward with Beijing.

The War in Ukraine Helps Advance the Great EU Neoliberal Project

Movers and shakers cash in while workers are disciplined and the welfare state is cut.

Europe and the Law of Holes

Bedeviled by their own weakness, European officials refuse to heed the advice from the old adage, “If you find yourself in a hole, stop digging.”

Indonesia’s Wait-And-See Approach Towards Joining BRICS

Indonesia serves as a reminder that the so-called “Global South” is not monolithic and that affects the prospect of joining BRICS.

Imperialism: How the Struggle of Both Classes and Nations Creates Our World

How imperailasm has determined much of the structure of the international economy and that in turn affects domestic interests.

Danny Haiphong: Pepe Escobar and Michael Hudson Join on BRICS Plus Six, Ukraine, and the Multipolar World Economy!

Danny Haiphong talks to Michael Hudson and Pepe Escobar about hot mulitipolarity topics, particularly BRICS and its “currency” plans

BRICS’ Expansion Is Beneficial But It Also Isn’t Without Strategic Challenges

BRICS is set to add important new members…but will their diversity complicate coming to common policy stances?

How German Foreign Minister’s Cancelled Trip Due to Plane Problems Is Symbolic of Country’s Decline

The fact FM Baerbock had to cancel trip and fly home commercial is a useful metaphor for Berlin’s recent rash of self-inflicted wounds.

BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western

Yet more evidence that the BRICS aren’t ready to launch a serious anti-dollar/new currency regime.

NAM 2.0+G77 vs G7+NATO+OECD+WEF

Jomo warns US policies are creating war and depression, pushing developing nations to strengthen democratic institutions of global governance

Michael Hudson: Debt, Sponsors of the Wars, Future of USD and BRICS

ichael Hudson on topics old and new: the role of debt in rentier extraction and US hegemony, and the prosepcts for the dollar and BRICS.

Links 8/13/2023

The Road That Could Ignite a War in the Caucasus

Armenia and Azerbaijan are on the verge of another war – one that would suck in outside actors like Turkiye, Iran, Israel, India, and of course, Uncle Sam.