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Sri Lanka protest debt Sri Lanka protest debt

Economy

Sri Lanka owes 81% of its external debt to US and European financial institutions and Western allies Japan and India. China owns just 10%....

Argentina China Russia belt road initiative Argentina China Russia belt road initiative

Eurasia

Argentina is trapped in $44 billion of IMF odious debt taken on by corrupt right-wing regimes. Seeking alternatives to US hegemony, President Alberto Fernández...

Xiomara Castro Honduras Xiomara Castro Honduras

Latin America

At the time of the 2009 US-backed coup, Honduras had $2.48 billion in external debt. Now it has $9.25 billion. New leftist President Xiomara...

why gold price rising politics economics michael hudson why gold price rising politics economics michael hudson

Economy

Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the precious metal, and the...

Trump tariffs accelerate US decline Trump tariffs accelerate US decline

Economy

Donald Trump's tariffs will likely backfire, hurt the United States, and accelerate the decline of US dominance, argue political economists Radhika Desai, Michael Hudson,...

trump tariffs cause economic crisis michael hudson trump tariffs cause economic crisis michael hudson

Economy

Donald Trump’s tariffs could destabilize the global economy, warns economist Michael Hudson. US protectionist policies could cause financial crises, as many currencies depreciate and...

donald trump us dollar tariffs donald trump us dollar tariffs

Economy

Trump's protectionist policies threaten to radically unbalance the balance of payments and exchange rates throughout the world, preventing debtor countries from earning the dollars...

Trudeau resignation Canada disaster Trudeau resignation Canada disaster

Opinion

Canadian Prime Minister Justin Trudeau announced he is resigning. Meanwhile, Donald Trump is talking about annexing Canada and making it the 51st state. Radhika...

dollar 100 bills rolls dollar 100 bills rolls

Economy

Along with aiming to control the world's oil and LNG supply, Trump wants to base US power on its financial system. This is further...

Opinion

Donald Trump's tariffs will not reduce US public debt. The federal deficit will keep growing, but they will be an excuse to further cut...