Sanaa is eagerly engaging with Moscow in a bid to expand its astounding military gains into both the economic and diplomatic realms. While trade with Russia may be integral to blunting the effects of the siege of Yemen, Sanaa also views membership in the BRICS as a ‘golden opportunity’ to establish lasting Persian Gulf security....
Read MoreHow the West's warmongering threatens democracy and the Global Majority
RADHIKA DESAI: Hello and welcome to the 30th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our time. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, our videographer, Paul...
Read MoreThe July 4 landslide defeat of the neoliberal pro-war British Conservatives by the neoliberal pro-war Labour Party poses the question of just what the media mean when they describe the elections and political alignments throughout Europe in terms of center-right and center-left traditional parties challenged by nationalist neo-fascists. Political differences between Europe’s centrist parties are...
Read MoreI have not paid close attention to the details of the sanctions Washington has imposed on Russia and on other countries that deal with Russia in sanctioned items, which in my impression are largely military related items. My view has been that the sanctions have been good for Russia by forcing Russia out of the...
Read MoreThe idea, by Kazan mayor Ilsur Metshin, was as simple as quite revolutionary. Why not profit from the year of the Russian presidency of BRICS – with the first BRICS + summit taking place in Kazan next October – to come up with a new association uniting BRICS+ cities? Mayor Metshin is a big fan...
Read MoreThe St. Petersburg forum offered a wealth of crucial sessions discussing connectivity corridors. One of the key ones was on the Northern Sea Route (NSR) – or, in Chinese terminology, the Arctic Silk Road: the number one future alternative to the Suez canal. With an array of main corporate actors in the room – for...
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The Swiss “peace” kabuki came and went – and the winner was Vladimir Putin. He didn’t even have to show up. None of the Big Players did. Or in case they sent their emissaries, there was significant refusal to sign the vacuous final declaration – as in BRICS members Brazil, India, Saudi Arabia, UAE and...
Read MoreJust so everyone is clear: Zelensky’s backers invited virtually every country in the world except Russia to what they called a “peace summit” to try to convince them to endorse a “peace plan” that says Russia should not only offer an unconditional surrender, but also pay reparations and for all the top officials in government...
Read MoreThe gravity around the newly-enlarged BRICS constellation is drawing in Arab, Muslim, and Global South adherents to the influential group's message on international law, Palestine, and halting forever wars. MOSCOW - Something of extraordinary magnitude happened in Moscow on 23 May. Bahrain's King Hamad bin Isa Al Khalifa personally asked Russian President Vladimir Putin to...
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The plutocracy believes that afterwards they can buy the whole thing for a pittance while flies are still laying eggs in European carcasses. So Le Petit Roi in Paris was predictably crushed in the European polls. He has called parliamentary snap elections, dissolving the Assemblée Nationale in an act of blind, puerile revenge on French...
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In the year of the Russian presidency of BRICS, the St. Petersburg International Economic Forum (SPIEF) had to deliver something special. And deliver it did: over 21,000 people representing no less than 139 nations – a true microcosm of the Global Majority, discussing every facet of the drive towards a multipolar, multinodal (italics mine), polycentric...
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The Hegemon is calculating for a World War to halt multipolarity. It supports Israel’s Gaza genocide as a necessary evil to win hard in West Asia, figuring who’s going to care once the war goes global? The St Petersburg Economic Forum (SPIEF) takes place this week. It’s one of the go-to annual meetings across Eurasia....
Read MoreThe whole Russia-Taliban affair involves a humongous package – encompassing oil, gas, minerals and loads of rail connectivity. This past Sunday in Doha, I had a meeting with three high-level representatives of the Taliban Political Office in Qatar, including a founding member of the body (in 2012) and a key official of the previous Taliban...
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Both have had enough of being “polite”. You want confrontation? Confrontation is what you’re gonna get. Something very important happened earlier this week in Astana during the meeting of the Council of Ministers of Foreign Affairs of the Shanghai Cooperation Organization (SCO). Chinese Foreign Minister Wang Yi went straight to the point: he called for...
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Iranian President Ebrahim Raisi’s eastward vision was instrumental in advancing the strategic Moscow–Tehran–Beijing nexus and bulldozing a path toward institutionalizing multipolarity. Amidst all the sadness and grief over the loss of Iranian President Ebrahim Raisi, let’s take a moment to showcase the critical path he helped forge toward a new global order. In the nearly...
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The Coming of BRICS+ Decentralized Monetary Ecosystem
Get ready for what may well be the geoeconomic bombshell of 2024: the coming of a decentralized monetary ecosystem. Welcome to The Unit – a concept that has already been discussed by the financial services and investments working group set up by the BRICS+ Business Council and has a serious shot at becoming official BRICS+...
Read MoreI don’t believe this story is true. It seems like something the Biden people would leak themselves to get the headlines while not actually doing it. Axios: The Biden administration last week put a hold on a shipment of U.S.-made ammunition to Israel, two Israeli officials told Axios. It is the first time since the...
Read MoreWhile the collective west is in the grips of an existential legitimacy crisis, the RIC is devising its own security...
The Hegemon has no idea what awaits the Exceptionalist mindset: China has started to decisively stir the civilizational cauldron without bothering about an inevitable array of sanctions coming by early 2025 and/or a possible collapse of the international financial system. Last week, US Secretary of State Anthony Blinken and his list of delusional US demands...
Read MoreI have just been immersed in an extraordinary experience: a mini-tour of conferences in Brazil encompassing four key cities – Sao Paulo, Rio, Salvador, Belo Horizonte. Full houses, sharp questions, fabulously warm people, divine gastronomy – a deep dive into the 8th largest economy in the world and major BRICS+ node. As much as I...
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Iran’s retaliatory strikes against Israel were not conducted alone. Strategic partners Russia and China have Tehran’s back, and their role in West Asia’s conflict will only grow if the US doesn’t keep Israel in check. A little over 48 hours before Iran’s aerial message to Israel across the skies of West Asia, Russian Deputy Foreign...
Read MoreADHIKA DESAI: Hello and welcome to the 26th Geopolitical Economy Hour, the show that examines the fast-changing political and geopolitical economy of our times. I'm Radhika Desai. MICHAEL HUDSON: And I'm Michael Hudson. RADHIKA DESAI: And working behind the scenes to bring you our show every fortnight are our host, Ben Norton, our videographer, Paul...
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GLENN DIESEN: Welcome, my name is Glenn Diesen and I’m joined by Alexander Mercouris and Professor Michael Hudson. Welcome to the both of you. Today, I really wanted to discuss the decoupling or fragmentation of the international economy and also now the alternative economic architecture emerging, I would say primarily in the east, but also...
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As the US Anglo-Zionist empire ramps up its war against China, an ancient archetype makes its cyclical appearance to offer guidance through “interesting times.” As per a brief Google search, the “Year of the Dragon” represents power, nobility, luck, and success. Up until now, China has demonstrated incredible humility and restraint in response to the...
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TikTok not only destroys Silicon Valley’s monopoly by competing furiously with its platforms, it also steals their space, which was previously shielded, as the White House believed. In the aftermath of Vladimir Putin’s resounding victory; after an election with a very high turnout (with a lower abstention rate than is usually the case in the...
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John the Revelator recorded some wild imagery from his Aegean island hideout mushroom trip. (At least that’s my theory). In his Book of Revelation, he uses the term “Synagogue of Satan,” and similar to the Mark Twain “history doesn’t repeat but it often rhymes” quote, this biblical archetype/symbol remains constant yet changes as it travels...
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