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The Eurasia Economic Union (EAEU) is speeding up its design of a common payment system, which has been closely discussed for nearly a year with the Chinese under the stewardship of Sergey Glazyev, the EAEU’s minister in charge of Integration and Macro-economy.
Do you remember the 1980s? Gloria Steinem, theater, extreme fashion, heavy metal, breakdancing, and mixtape? A strange era which is still widely celebrated. But not in Latin America where they consider the 80s, “The lost decade”. Why?
Academia has always been political. On some occasions, it has been appropriated and deployed to meet political ends while in other occasions it has modelled itself to challenge politicisation. In their study of curriculum framework governing economics teaching in Brazilian higher education, Guizzo, et al (2021: 258) show how the idea of a pluralist education system is under threat from a “strong disciplinary, institutional and wider political pressures with both domestic and global roots”. Indeed, the threats towards education systems in the global South often have global as well as local origins. These days, the threat of epistemicides – that is the killing of a people’s knowledge – has displaced and suffocated academic spaces in the global South (de Sousa Santos 2016; Ndlovu-Gatsheni 2018). This killing has taken both subtle and unsubtle forms. One way this has happened has been through dominant and domineering western oriented knowledge production institutions and systems which disregard approaches and writings from the global South.
In the structure of the modern Western world, wars currently no longer serve the purpose of settling scores between two countries, moved by the principle of self-determination of peoples. Rather, they are the excuse to justify geopolitical events aimed at the expansion of the power of those financial lobbies, for some time now unchallenged, commanding and deciding over the lives of a large part of the planet.
The War of Economic Corridors has entered incandescent, uncharted territory: Pipeline Terror.
A sophisticated military operation – that required exhaustive planning, possibly involving several actors – blew up four separate sections of the Nord Stream (NS) and Nord Stream 2 (NS2) gas pipelines this week in the shallow waters of the Danish straits, in the Baltic Sea, near the island of Bornholm.
The seventh Eastern Economic Forum (EEF) will be held in Vladivostok from 5-8 September, but President Putin already sent his greetings to the participants through a message available on the front page of the event’s website. It’s very concise, but it nevertheless encapsulates the essence of his recently restored world power’s Asia-Pacific strategy, which will be briefly reviewed in the present piece.
Some observers have speculated that Baku is competing with Moscow, but this interpretation either ignores what President Aliyev told Russian media during his trip to Moscow the day before the start of his host’s ongoing special military operation in Ukraine, or those who share this view simply aren’t aware of it.
One of the main targets of the Western sanctions war against Russia has become the banks. Particularly severe sanctions have been imposed on Russian banks that are on Washington's SDN (Specially Designated Nationals) list. This is a blacklist of persons and organizations with whom US citizens and permanent residents are prohibited from doing business. The list is maintained by OFAC, the Office of Foreign Assets Control of the US Treasury Department. The inclusion of a bank on the SDN list, among other punitive measures, includes the freezing of its assets in the US.
Wickremesinghe represents Sri Lanka, which has become a symbol of the fate that might soon befall countless other countries across the Global South. It’s therefore important to inform the masses of his crucial first-hand insight into the crushing effect that the US-led West’s anti-Russian sanctions are expected to have on food security in developing countries.
In his latest book, economist Michael Hudson pits socialism against finance capitalism and tears apart the 'dream civilization' imposed by the 1 percent.
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