Argentina's US-backed libertarian President Javier Milei is using an emergency decree to take a huge loan from the IMF, deepening the debt trap that...
Argentina's libertarian President Javier Milei is promoting crypto scams and overseeing rapid deindustrialization. Manufacturing and construction are collapsing, while the financial sector, mining, and...
China is de-dollarizing rapidly. It now uses the renminbi (RMB or yuan) in just over half of cross-border transactions. The dollar's share of bilateral...
Political economists Radhika Desai, Michael Hudson, and Ann Pettifor discuss how the international financial system traps Global South countries in debt, reinforcing a neocolonial...
Rising corporate profits have caused 45% of inflation in Europe, compared to 40% for rising import prices and just 15% for workers' wages, according...
As Ukraine sells off public assets in a privatization spree, US fossil fuel corporations like ExxonMobil, Chevron, and Halliburton are in talks to run...
European Central Bank President Christine Lagarde acknowledged "the tectonic plates of geopolitics are shifting faster" and "we may see the world becoming more multipolar",...
The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. China, Russia, Brazil,...
Economists Radhika Desai and Michael Hudson introduce their show Geopolitical Economy Hour discussing the rise of the multipolar world and decline of US hegemony.