Recent speculation in India about the collapse of the Saudi petro-dollar agreement with the U.S. proved false. Vijay Prashad considers three factors that can feed such a rumor.
The Reign of the Dollar
Tag: de-dollarization
BRICS: Global Center of Gravity Shifts
As is often the case in history, the actions of a dying empire create common ground for its victims to look for alternatives, writes Vijay Prashad.
India, a Reluctant BRICS Traveler
M.K. Bhadrakumar says BRICS is transforming into the most representative community in the world, with an expanding membership that interacts while bypassing Western pressure.
BRICS Leaders Call for Democratic Global Order
Amid a membership expansion, leaders of the bloc spoke out against sanctions, conditions on sovereign credit and dollar hegemony, Abdul Rahman reports.
Ukraine: The Tunnel at the End of the Light
The U.S. abused its providential anointment as the exceptional nation, writes Robert Freeman. That abuse has been recognized, called out and is now being acted against by most of the other nations of the world.
Chris Hedges: Ukraine — The War That Went Wrong
NATO support for a war designed to degrade the Russian military and drive Vladimir Putin from power is not going according to plan. The new sophisticated military hardware won’t help.
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.
Chris Hedges: NATO — Most Dangerous Military Alliance on Planet
At no time, including the Cuban missile crisis, have we stood closer to the precipice of nuclear war.
Globalization Without an Epicenter
E. Ahmet Tonak and Vijay Prashad say a retreat from Western-designed globalization by some areas of the world began before the pandemic and before Russia’s war on Ukraine.
Ukraine: Transfer of Power Balance from West to East
Own goal: Cameron Leckie says the Western response to Russia’s invasion of Ukraine is rapidly accelerating what had been a more drawn-out process.