Category Archives: Russia

A Russian Paper on New Currency/International Reserve Options Finds No Magic Bullets

A recent paper in a Russian economics journal confirms that there is no simple way out of the dollar hegemony box.

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.

Better Late Than Never? Spain’s El País Sounds Alarm Over Consequences of Ukraine “Proxy War” for EU’s Future

After enthusiastically selling the war since its inception, the mainstream media in Europe may be beginning to change its tune.

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.

The West and the War in Ukraine: Selling and Buying Hopium

Despite some press stories and orthodox pundits acknowledging that things are going badly for Ukraine, there is way too much delusion.

The Sahel Tug-of-War: U.S. And Russia Face Off For Influence In Niger

A US propaganda outlet frets over Niger.

The Polish President Said Kiev Isn’t Doing The West Any Favors & Its Counteroffensive Failed

Spats between Polish and Ukrainian officials reflect divergences in interests which they may no longer be able to paper over.

NATO Training Leaves Ukrainian Troops ‘Underprepared’ for War

The veneer of NATO superiority is cracking as the Ukraine and its sponsors engage in a blame game over why the war is going so badly.

America’s Supersized Military: “The Greatest Fighting Force in Human History”

William Astore provides a cold look at the gap between the cost and overly-ambitious aims of the US military versus results.

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.

War Hawks’ Drive to Expand NATO into Asia May Destroy Western Military Alliance

Individuals can fail upwards, but organizations? NATO not been up to the task of propping up Ukraine, but the US wants to aim it at China.

Russia Is Finally Correcting False Perceptions of BRICS

Russia is dialing down expectations for big BRICS developments at a late August summit.

As the Ukraine War Drags On, It’s Time to Reassess the Impacts of Sanctions

The bundle of sanctions was initially designed and imposed in haste, with little basis to assess historic performance.