Category: China

The Petrodollar’s Long Goodbye

As part of their concern about “currency power,” many countries in the Global South are eager to develop non-dollar trade and investment systems, writes Vijay Prashad.

Global Arms Sales Grow for 7th Consecutive Year

In SIPRI’s latest tracking, the U.S. remains dominant, China is in distant second, Russia has semiconductor and sanctions problems, Israeli sales are boosted by the Washington-mediated Abraham Accords and a Taiwanese company enters the top 100 for the first time.