Geopolitical Economy Report

US troops have illegally occupied Syria's oil-rich territory for years, but a top United Nations official, Farhan Haq, falsely claimed "there's no US armed forces inside of Syria". Chinese reporter Edward Xu called out the UN's hypocrisy on Ukraine. VIDEO: https://youtube.com/watch?v=wl4_2AqUORs

The US government imposed sanctions on the International Criminal Court, threatened prosecutors' family members, and passed a "Hague Invasion Act". But now that the ICC wants to arrest Russian President Putin, Washington praises the court (while still refusing to join it). VIDEO: https://youtube.com/watch?v=haVpdVyOtKs

Economists Radhika Desai and Michael Hudson discuss the US banking crisis in this episode of their program Geopolitical Economy Hour. VIDEO: https://youtube.com/watch?v=y1je89h1eIg Check out other episodes of Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

China's President Xi Jinping traveled to Russia to meet Vladimir Putin, where they pledged "changes the likes of which we haven’t seen for 100 years", agreeing to deepen economic integration and challenge the hegemony of the US dollar by promoting the use of the yuan and other currencies in international trade. VIDEO: https://youtube.com/watch?v=OddmSjjLgLY BRICS challenges US ‘dollar dominance’,...

The US Federal Reserve printed $300 billion in one week to save collapsing banks and bail out wealthy Silicon Valley oligarchs. 93% of Silicon Valley Bank's deposits were uninsured, over the FDIC limit of $250,000, but the government still paid them. 56% of SVB's loans went to venture capitalist and private equity firms. Sources and more information here: https://geopoliticaleconomy.com/2023/03/19...

Honduras' leftist President Xiomara Castro announced her government will recognize China. Now only 12 UN member states have formal diplomatic relations with Taiwan separatists. They have a combined population of less than 39 million, or 0.49% of the planet. VIDEO: https://youtube.com/watch?v=KklV9438o1w Sources and more information here: https://geopoliticaleconomy.com/2023/03/16/taiwan-honduras-c...

Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash. He also addresses the US government bailout (which it isn't calling a bailout), the role of the Federal Reserve and Treasury, the factor of cryptocurrency, and the danger of derivatives. TRANSCRIPT: https://geopoliticaleconomy.com/2023/03/1...

China sponsored peace talks that led Saudi Arabia and Iran to normalize diplomatic relations, in a big blow to the petrodollar. Both countries are major oil producers that have applied to join BRICS and are discussing selling energy in other currencies. VIDEO: https://youtube.com/watch?v=DyAFerEouN0 BRICS challenges US ‘dollar dominance’, Saudi considers selling oil in other currencies: New multip...

Economists Radhika Desai and Michael Hudson discuss the evolution of the US dollar system after it was taken off the gold standard in 1971. VIDEO: https://youtube.com/watch?v=dRlOfxWR-qE Check out other episodes of their show Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

Historian Aaron Good explains US President John F. Kennedy's policies on the wars on Vietnam and Laos, and JFK's conflict with the generals in the Pentagon's Joint Chiefs of Staff. VIDEO: https://youtube.com/watch?v=vkslqu9_q0w This is from the Empire and the Deep State series that Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good and Seamus McGuinness of the American Exc...

President Xi Jinping denounced the US-led Western attempt to "contain, encircle, and suppress China". Foreign Minister Qin Gang condemned Washington's "hysterical neo-McCarthyism" and "malicious confrontation", opposing the "cold war mentality". VIDEO: https://youtube.com/watch?v=4laXMaMhbPo Sources and more information here: https://geopoliticaleconomy.com/2023/03/07/xi-us-containment-encirclemen...

In an interview with the Chamber of Commerce, US Ambassador Nicholas Burns referred to China as a “threat”, “great challenge”, and “very difficult government”, stating arrogantly, “The United States is staying in this region. We’re the leader in this [Indo-Pacific] region”. VIDEO: https://youtube.com/watch?v=BEqmQkKlcjo Sources and more information here: https://geopoliticaleconomy.com/2023/03/04/...

Economist Radhika Desai and Ben Norton analyze imperialism, the failure of neoliberalism, and the new cold war that the US is waging against China and Russia. VIDEO: https://youtube.com/watch?v=RVIpyOwJRW4 This is part 2 in a series discussing Radhika's new book "Capitalism, Coronavirus and War: A Geopolitical Economy". You can download Radhika's book for free here: https://geopoliticaleconomy.com...

Malaysia’s longest-serving Prime Minister Mahathir Mohamad said “the present war between Ukraine and Russia is caused by the Europeans’ love of war, of hegemony, of dominance”. He warned it “can be interpreted as the start of the Third World War”. VIDEO: https://youtube.com/watch?v=3zUJAvB56a4 Sources and more information here: https://geopoliticaleconomy.com/2023/02/25/ukraine-europe-love-war-heg...

Top US military officials have stated openly that Washington is preparing to wage war on China, supporting separatists on Taiwan island. Geopolitical Economy Report editor Ben Norton gave this presentation as part of the panel discussion "Will there be a war in the Taiwan Strait?", organized by the International Manifesto Group. VIDEO: https://youtube.com/watch?v=ODbrpimBgKo Watch the full panel h...

Historian Aaron Good explains the rise of US President John F. Kennedy, the First Cold War, his criticism of European colonialism, and how the CIA's Bay of Pigs attack would later reverberate in the 1963 JFK assassination. VIDEO: https://youtube.com/watch?v=5N5bs1IGLQo This is from the Empire and the Deep State series that Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good...

A study by the EU-funded European Council on Foreign Relations found that the West is increasingly out of touch politically with the rest of the world. Most people in China, India, and Türkiye see Russia as an important ally, and they want a multipolar world, not continued “American global supremacy”. VIDEO: https://youtube.com/watch?v=6onX5CKS3hM Sources and more information here: https://geopoli...

Economists Radhika Desai and Michael Hudson explain the rise of the US dollar system, its central role in imperialism, and why it ultimately failed to accomplish Washington's hegemonic goals. VIDEO: https://youtube.com/watch?v=q3q7p_IElpY Check out other episodes of their show Geopolitical Economy Hour here: https://youtube.com/playlist?list=PLDAi0NdlN8hMl9DkPLikDDGccibhYHnDP

China’s Foreign Ministry published a lengthy report condemning “US hegemony” and its crimes around the world, including wars with millions of victims, coups and “regime change” against elected leaders, and 400 foreign military interventions. VIDEO: https://youtube.com/watch?v=HTiBksEHGrU Read more here: https://geopoliticaleconomy.com/2023/02/22/china-report-us-hegemony-wars-coups-intervention The...

German Member of Parliament Sevim Dağdelen, of the Left Party, Die Linke, condemns the NATO "proxy war" in Ukraine, saying the EU is acting as US "vassals". In this interview with Ben Norton, she also denounces the destruction of the Nord Stream pipelines as a "terrorist attack" that "should have resulted in a huge outcry". VIDEO: https://youtube.com/watch?v=NYn0ODIL0Qg TRANSCRIPT: https://geopoli...

The foreign ministers of the US, Germany, and Ukraine told the world at the Munich Security Conference, “Neutrality is not an option” in the West’s proxy war against Russia, implicitly criticizing the vast majority of Global South countries, which are independent. VIDEO: https://youtube.com/watch?v=UXjDazqxAPo Sources and more information here: https://geopoliticaleconomy.com/2023/02/20/west-globa...

US officials acknowledged the Chinese balloon they shot down on February 4 had likely been blown off course by unexpected weather. The US Air Force later spent $2 million using missiles to blow up what appeared to be a $12 hobbyist balloon. VIDEO: https://youtube.com/watch?v=mL9Jz-Qruho Sources and more information here: https://geopoliticaleconomy.com/2023/02/18/us-weather-chinese-balloon-hobbyis...

Economist Radhika Desai and Ben Norton discuss the neoliberal myth of "globalization", the contradictions of US hegemony, and the crisis of capitalism. VIDEO: https://youtube.com/watch?v=GRKHCwVzvTs This is part 1 in a series discussing Radhika's new book "Capitalism, Coronavirus, and War: A Geopolitical Economy". You can download Radhika's book for free here: https://geopoliticaleconomy.com/2023/...

Ecuadorian economist Andrés Arauz, who came close to winning the 2021 presidential elections, explains Latin America's attempt to create a new currency and regional financial architecture, to challenge the "hegemonic, neo-colonial" US dollar-dominated system. (NOTE: Andrés' internet connection was a bit unstable in this interview, so some parts are hard to hear. Below you can find links to a trans...

Ukraine’s leader Volodymyr Zelensky admitted he refused to implement the 2015 Minsk II peace deal with Russia. Germany and France said Kiev used the agreement to “buy time” to prepare for war. Israel's ex Prime Minister Naftali Bennett revealed the West "blocked" attempt to hold negotiations. VIDEO: https://youtube.com/watch?v=QLJDROnssgA Sources and more information here: https://geopoliticalecon...