Geopolitical Economy Report

A decade of proxy war and illegal US and EU sanctions have devastated Syria, and blocked some humanitarian aid after a crushing earthquake killed thousands of people. To save face, Washington agreed to a temporary suspension, but UN experts have demanded a permanent end to the “suffocating” sanctions, saying they “may amount to crimes against humanity”. VIDEO: https://youtube.com/watch?v=mtiNw3PxR...

Economists Radhika Desai and Michael Hudson explain the relations between money and debt, their role in imperialism, and the rise of the US dollar system. VIDEO: https://youtube.com/watch?v=Ew21FOlftkU TRANSCRIPT: https://geopoliticaleconomy.com/2023/02/10/money-dollar-system-radhika-desai-michael-hudson Check out other episodes of their show Geopolitical Economy Hour here: https://youtube.com/pla...

Pulitzer Prize-winning journalist Seymour Hersh reported the US government destroyed the Nord Stream pipelines that delivered Russian gas to Germany. The Biden administration approved the CIA operation, which used explosives and Navy divers, with help from NATO member Norway. VIDEO: https://youtube.com/watch?v=bZ5VLdqac-0 Read Seymour Hersh's article: https://seymourhersh.substack.com/p/how-americ...

UN High Commissioner for Human Rights Volker Türk said sanctions on Venezuela “have exacerbated the economic crisis and hindered human rights”, calling for the unilateral coercive measures to be lifted. VIDEO: https://youtube.com/watch?v=mSjCEKopBzo Sources and more information here: https://geopoliticaleconomy.com/2023/02/02/un-human-rights-chief-sanctions-venezuela/

Historian Aaron Good explains the final years of the Dwight Eisenhower administration, including the start of the CIA's war on Cuba's revolutionary government and the coup against Congo's anti-colonialist leader Patrice Lumumba. This is PART 17 of the Empire and the Deep State series Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good and Seamus McGuinness of the American E...

Greece’s former Finance Minister Yanis Varoufakis explains the US system of “neo-imperialism” based on the dollar, an “IOU issued by the hegemon”, which finances a huge trade deficit by letting foreign capitalists “extract colossal surplus value from their workers and then stash it away in America’s rentier economy”. VIDEO: https://youtube.com/watch?v=yohXMsuxzDA Sources and more information here:...

Numerous mainstream media outlets have reported that the US military is preparing for war on China, as soon as 2025. Japan is re-militarizing and collaborating closely in these war plans. VIDEO: https://youtube.com/watch?v=Iy5FALVrULM Sources and more information in Danny Haiphong's article here: https://geopoliticaleconomy.com/2023/01/16/us-preparing-war-china German foreign minister: ‘We are fig...

Brazil, Argentina, and Colombia have refused to send weapons to Ukraine, despite pressure by the US and EU. Left-wing leaders in Mexico, Cuba, Venezuela, Nicaragua, Bolivia, and Honduras have also urged peace with Russia and opposed the West’s new cold war. VIDEO: https://youtube.com/watch?v=vde5cB8N6Fc Sources and more information here: https://geopoliticaleconomy.com/2023/01/29/latin-america-ukr...

Historian Aaron Good explains how Western colonial powers meddled in Indonesia to try to control its massive gold reserves. He also discusses the Suez Crisis in Egypt in 1956, and the Dwight Eisenhower administration's response. This is PART 16 of the Empire and the Deep State series Geopolitical Economy Report editor Ben Norton is co-hosting with Aaron Good and Seamus McGuinness of the American E...

In this episode of Geopolitical Economy Hour, economists Radhika Desai and Michael Hudson discuss inflation: what it is, what causes it, and what are the problems in how the Federal Reserve and other central banks respond to it. VIDEO: https://youtube.com/watch?v=ZhZbB0jjDTM Transcript here: https://geopoliticaleconomy.com/2023/01/27/inflation-economists-radhika-desai-michael-hudson

"We are fighting a war against Russia", Germany's Foreign Minister Annalena Baerbock told the Council of Europe. "We can fight this war only together" she said, calling to send tanks and more weapons to Ukraine. VIDEO: https://youtube.com/watch?v=U0Ae6P0OVFs Sources and more information here: https://geopoliticaleconomy.com/2023/01/26/german-foreign-minister-baerbock-war-russia CIA and NATO are wa...

In a video address to a US corporate lobby group, Ukrainian leader Volodymyr Zelensky thanked companies like Black Rock, JP Morgan, Goldman Sachs, and Starlink, insisting “everyone can become a big business by” investing in Ukraine, where “we are defending freedom and property”. VIDEO: https://youtube.com/watch?v=LYkQO5fOXH8 Sources and more information here: https://geopoliticaleconomy.com/2023/0...

The Federal Reserve Bank of St. Louis published a jaw-droppingly misleading graph that portrays China as spending more on its military than the US. In reality, the Pentagon’s budget is roughly three times larger. VIDEO: https://youtube.com/watch?v=tD4P-vWWGLc Sources and more information here: https://geopoliticaleconomy.com/2023/01/23/china-military-spending-st-louis-fed-graph

Brazil and Argentina are making plans for a Latin American currency called the Sur, to “boost regional trade and reduce reliance on the US dollar”. Lula had pledged it while running for president. VIDEO: https://youtube.com/watch?v=mudBO1iffOo Sources and more information here: https://geopoliticaleconomy.com/2023/01/22/brazil-argentina-latin-american-currency-dollar Latin America’s plan to challe...

Historian Aaron Good explains how the CIA organized a coup against Guatemala's democratically elected left-wing President Jacobo Árbenz to stop land reform and help the United Fruit Company (Chiquita today). He also discusses the Dwight Eisenhower administration's policies in Southeast Asia and the Vietnamese national-liberation struggle against French colonialism. VIDEO: https://youtube.com/watch...

The BRICS bloc (Brazil, Russia, India, China, South Africa) is “developing a fairer system of monetary exchange” to challenge the “dominance of the dollar”. Saudi Arabia is considering selling oil in other currencies. Economist Zoltan Pozsar says the US “unipolar era” is over. VIDEO: https://youtube.com/watch?v=ryKuoB9JEBE Sources and more information here: https://geopoliticaleconomy.com/2023/01/...

Peru has large reserves of copper, gold, zinc, silver, lead, iron, and natural gas. After a coup overthrew left-wing President Pedro Castillo, the US ambassador, CIA veteran Lisa Kenna, met with mining and energy ministers to discuss “investments”. Europe is importing Peruvian LNG to replace Russian energy. VIDEO: https://youtube.com/watch?v=WNR_CI2U__w Sources and more information here: https://g...

In 2020 and 2021, the wealthiest 1% of the world’s population took nearly two-thirds of all new wealth – six times greater than the wealth made by the poorest 90% of workers. Yet while billionaires get richer, global poverty is increasing, Oxfam warns. VIDEO: https://youtube.com/watch?v=3YL_iAA06nY Sources and more information here: https://geopoliticaleconomy.com/2023/01/17/rich-global-wealth-ine...

The US claimed unelected coup leader Juan Guaidó was "interim president" of Venezuela from January 2019 to December 2022, when his former allies in the right-wing opposition removed him from the position. Washington however still refuses to recognize elected President Nicolás Maduro. Geopolitical Economy Report editor-in-chief Ben Norton discusses the end of the meme-worthy character with Venezuel...

Prominent French intellectual Emmanuel Todd argues the Ukraine proxy war is the start of WWIII, and is “existential” for both Russia and the US “imperial system”, which has restricted the sovereignty of Europe, making Brussels into Washington's “protectorate”. VIDEO: https://youtube.com/watch?v=82WPLWEN_9M Sources and more information here: https://geopoliticaleconomy.com/2023/01/14/world-war-3-us...

Introducing Geopolitical Economy Hour: This is the first episode of a show being hosted every two weeks by economists Radhika Desai and Michael Hudson. They present the program and discuss the rise of the multipolar world and decline of US hegemony. VIDEO: https://youtube.com/watch?v=6adqdNCSVhU TRANSCRIPT: https://geopoliticaleconomy.com/2023/01/13/radhika-desai-michael-hudson-multipolarity

Former DIA analyst Ana Belén Montes was imprisoned for 20 years for sharing intelligence with Cuba that helped it prevent US attacks and sabotage. Upon being released, she condemned the “suffocating embargo” that makes Cubans “suffer.” VIDEO: https://youtube.com/watch?v=KuE7tVbD7qY Sources and more information here: https://geopoliticaleconomy.com/2023/01/10/ana-belen-montes-20-years-prison-cuba-b...

China is advancing the global movement toward de-dollarization. Beijing's central bank is boosting its gold reserves while signing currency swap deals in yuan with countries like Argentina, encouraging the use of renminbi instead of US dollars. VIDEO: https://youtube.com/watch?v=bdASCjEeJ0I Sources and more information here: https://geopoliticaleconomy.com/2023/01/08/china-dollar-gold-reserves-arg...

We are excited to announce the creation of the independent media outlet Geopolitical Economy Report - an evolution and expansion of Multipolarista. Our team will be growing, and we have exciting new projects planned, including a regular show with economists Michael Hudson and Radhika Desai. Editor-in-chief Ben Norton explains the changes (and the continuity). VIDEO: https://youtube.com/watch?v=v8h...

The USA has rapidly become the world's top exporter of liquefied natural gas (LNG), tied with Qatar. Europe replaced Asia as the top market for US LNG in 2022, after pledging to boycott Russian energy over the proxy war in Ukraine. Europe is now paying significantly more for expensive US LNG than it had been for Russian pipeline gas. As of 2022, Europe had the highest energy prices on the planet,...