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...
Honduras' leftist President Xiomara Castro officially recognized China. Now only 12 UN member states have formal diplomatic relations with Taiwan separatists. They have a...
With staunch US support, Pakistan's unelected "imported government" is trying to arrest former Prime Minister Imran Khan, the most popular politician in the country,...
Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash and the...
Rather than following the Western capitalist model that led to a "middle-income trap", China is building a new system of high-tech socialism, based on...