Media outlets often claim Americans are wealthier than Europeans, but it's not true. Average wealth looks high, but is skewed by extreme inequality. US...
The US-Israeli war on Iran is altering the geopolitical order, and could cause a global economic crisis. Economist Michael Hudson discusses the shock in...
The Global South voted for a UN General Assembly resolution condemning the transatlantic slave trade as “the gravest crime against humanity”. Europe abstained. The...
In response to Trump's war of aggression, Iran is using asymmetric tactics, targeting US corporations and dollar dominance, challenging the petrodollar system, demanding oil...
Militarization is increasing, transforming the Arctic from a once largely peaceful "exceptional" region into an additional front in Cold War Two, and a new...
After launching a war of aggression against Iran, Israel invaded Lebanon and besieged Gaza. The US is arming Kurdish militants, shooting Pakistani protesters, and...
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves,...
The BRICS Cross-Border Payment Initiative (BCBPI) will use national currencies, instead of the US dollar. Russia's finance ministry and central bank released a report...
Countries across the Global South, especially in Latin America, are accusing Israel of genocide in Gaza, joining the ICJ lawsuit against it. Nicaragua's Sandinista...