The Importance of Custody, or NATO’s Internal Gold War
Both the UK’s Government and the Bank of England have gotten suspiciously tetchy over German requests to get its gold back.
Read more...Both the UK’s Government and the Bank of England have gotten suspiciously tetchy over German requests to get its gold back.
Read more...Gail Tverberg argues that the war in Ukraine does not get Russia or other energy producers out of their scarity bind.
Read more...Putin’s gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that’s working out to Russia’s advantage.
Read more...Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.
Read more...Economists are begining to grapple with the question of how the Russia-Ukraine war will reshape supply chains.
Read more...What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Read more...Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
Read more...Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Read more...Michael Hudson continues his political and financial analysis of the war in Ukraine.
Read more...Europe will compete with the biggest buyers of US LNG: South Korea, China, Japan, Brazil. But Mexico bought more than all four combined.
Read more...Diesel shortages are on the way to becoming so serious that they’ll first create inflation and then slow demand.
Read more...Michael Hudson answers the Saker’s questions about the ramifications of Russia’s “gas only for roubles if you have been mean to us” measure.
Read more...Attempting to clear some of the fog around the Russia counter-sanction of requiring rouble payment for gas by “unfriendly nations.”
Read more...Clearing up misunderstandings about the Russian move to require unfriendly countries to pay roubles for gas.
Read more...More on the “soon to be with us” sanctions-induced diesel shortage, along with EV battery woes.
Read more...