Abdel Hadi el-Gazzar (Egypt), The Popular Chorus or Food or Comrades on the Theatre of Life, 1948 (post-dated 1951). On the last day of the BRICS summit in Johannesburg, South Africa, the five founding states (Brazil, Russia, India, China, and South Africa) welcomed six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United […]
Peter Koenig (PressTV Interview – Transcript 23 August 2023 Background The BRICS (Brazil, Russia, India, China and South Africa) are holding arguably one of their most important Summits from 22 to 24 August 2023 in Johannesburg, South Africa. Several new countries – up to 40 it is said, including Iran – would like to join […]
Ben Norton returns to the Watchdog to shed light on the rapid decline of the U.S. dollar and its implications for American empire as countries worldwide shift away from the dollar in favor of regional currencies and China's rise challenges Washington's global dominance.
The post The Inevitable De-Dollarization of the Global Economy, with Ben Norton appeared first on MintPress News.
In his 1987 book The Rise and Fall of the Great Powers, historian Paul Kennedy reassured Americans that the decline the United States was facing after a century of international dominance was “relative and not absolute, and is therefore perfectly natural; and that the only serious threat to the real interests of the United States […]
There’s been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing ‘Cash is trash’ earlier this year to the fear-mongering surrounding COVID-19 making people fearful of dealing in cash because it might be tainted the anti-cash rhetoric has been amped up to eleven.
While President Trump keeps trying to support a stock market via noises about negotiations with China progressing well, things are spiraling out of control in Hong Kong.
The protests continue to escalate and show no signs of slowing down. The goal has explicitly become attacking the legitimacy of the Hong Kong government and bringing down an economy vulnerable to a falling property market.
The attack vector here is not directly political, Hong Kong is being attacked by the West via student proxies through its currency peg.
The Trump administration’s incessant sanctions wars are curbing the dollar’s global hegemony and speeding the demise of U.S. empire. By Patrick Lawrence Special to Consortium News The signs are mounting steadily now. As the Trump administration weaponizes…Read more →
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris take a look at how Russia continues to aggressively disengage from the dollar dominated neo-liberal world order. The Russian government has announced that it has cut its foreign debt to decade lows, while boosting national reserves.
Meanwhile the Russian economy moves ever closer to China, in economic and geopolitical spheres.
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