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Kicking the Ladder: How the Modern Monetary Order Unlearned Its Own History. Part 2

Part I traced a system built on the advice of four economists; even know their theories are not theology. The next half-century is a case study in what happens when that advice – however flawed – is abandoned, and in what happens to the few countries that never got the memo. Part II: Dismantling the […]
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Washington Tried to Isolate Russia. Now It Needs Russian Oil

Four years after Washington set out to cripple Russia’s energy economy, America’s war with Iran has forced it to seek relief from the very country it tried to isolate, encircle, and defeat. The Sanctions Strategy Meets Its Limits On October 9, US President Donald Trump announced an extraordinary agreement with Russian President Vladimir Putin: Moscow […]
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Global Trade and Economic Fragmentation: Geopolitical Risks and Challenges of 2026

The global economy, because of the conflict in the Middle East in 2026, has faced an unprecedented combination of geopolitical and economic challenges. The Middle East conflict, which began in late February 2026, became a catalyst for profound structural changes in the global trading system, which was already under pressure from rising protectionism and economic […]
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Why the US Can Never Match Chinese Shipbuilding

America’s $66 billion plan to “beat China’s shipbuilding empire” is not a strategy but an admission of systemic deadlock: unable to compete directly, the US is turning to asymmetric sabotage. In a recent Business Insider article and accompanying video regarding the US’ $66 billion plan to “beat China’s shipbuilding empire,” it is revealed that US […]
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Kiev Burns Russian Refineries: Why Is the Rest of the World Paying for It?

The consequences of Kiev’s campaign against Russian refining infrastructure had travelled considerably further than the drones themselves. Months of attacks had damaged refineries, reduced fuel production and contributed to shortages inside Russia. Much of the discussion surrounding the campaign focused on the damage inflicted on Moscow: how many facilities had been hit, how much refining […]
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A Barrel of Diesel: How Fuel Became a Lever of Trump’s Policy

From the Russian wheat deals of an earlier generation to a Trump–Putin diesel bargain, energy has become the latest instrument of high-stakes political dealmaking. Diesel has suddenly moved from the fuel pump to center stage in American and European politics. With U.S. fuel prices surging and congressional midterm elections approaching on November 3, Donald Trump […]
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Sanctions Meet Reality: Washington Rediscovers the Value of Dealing with Moscow

For years, Washington insisted that economic relations with Russia should remain restricted until Moscow changed its policies towards Ukraine. On 9 October, the White House found a reason to make an exception. Following a conversation with President Vladimir Putin, Donald Trump announced that Russia would supply more than 300,000 tonnes of diesel to American and […]
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From Buffer to Bridge: The Wakhan Corridor and the Return of Russia and China to Eurasia

As the United States reassesses its global commitments, the opening of Afghanistan’s Wakhan Corridor creates a new trade artery between China, Central Asia and South Asia — giving Russia and China new openings to reshape the Eurasian order. The Changing Global Balance of Power On 4th October 2026, Afghanistan opened the Wakhan Corridor, which means […]
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Europe and China Trade Negotiations: Can Brussels Face Reality? Part 2

The European Union still lacks an adequate understanding of the China it is negotiating with and of the world in which it now has to compete. Geopolitics and the Illusions of Power: Europe’s Refusal to Adapt It is common for Europe to regard many of its economic problems as being China’s fault—this being a convenient […]
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Europe and China Trade Negotiations: Can Brussels Face Reality? Part 1

The EU’s difficulties in negotiating with China go beyond tariffs and quotas — structural economic differences, political fragmentation within Europe and broader geopolitical tensions reveal a fundamental misunderstanding of the China that Brussels is dealing with and the world in which it must compete. The Strategic Disconnect: Europe’s China Blindspot The fact that European negotiators […]
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Red Sea in a Viсe Grip: How Djibouti Became a Hostage of the West

About 12% of world trade passes through the Bab el-Mandeb Strait, but the strait is only part of the story: tiny Djibouti, leasing its geography to five military powers, has become an epicentre of rivalry where strategic rent may turn into catastrophe. An Oil Crossroads Turned Battleground for Influence Approximately 12% of global trade and […]
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China Turns Trump’s Trade War Against Him

Donald Trump tried to use America’s economic weight to force China to bend, only to discover that Beijing has built an economic weapon of its own that Washington cannot tackle. China Finds America’s Chokepoint For years, the central assumption underlying Washington’s economic confrontation with Beijing was that interdependence gave the United States more leverage than […]
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Imperialism is not Dead, It is Alive & Kicking!

Imperialism, considered by public intellectuals to be a thing of the past, has been resurrected; this time, the actions of the American President Donald Trump clearly reflect that. Defined as the raw exercise of power in order to conquer territories and appropriate resources for the establishment of an empire, imperialism has had a long and […]
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Washington’s Oil Wars Come Home: Diesel Crosses $6 a Gallon for the First Time

While Washington pursued and implemented decades-long campaigns (including sanctions, proxy wars, and direct military action) against Russia and Iran to weaken or collapse their governments, those policies have also produced adverse effects at home, the most visible being surging energy prices and inflationary pressure. How are the Wars Coming Along? By all measures, the proxy […]
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Iran and the Houthis Could Redraw the Global Energy Map

The world is discovering that Iran and the Houthis do not need to control the world’s oil fields to exercise enormous influence over the global economy; they only need to control, or constrain access to, the narrow waterways through which that oil must pass. A War That Has Reached the Energy Arteries The Strait of […]
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Trade Surplus or War Surplus? Competing Visions Presented by the US and China

The real threat to global stability and the well-being of citizens is not China’s strong economic performance but Washington’s colossal military spending, which drains the social sector and provokes global conflicts. US Treasury Secretary Scott Bessent has repeatedly campaigned against China’s trade surplus, including rallying 19 G20 members to disrupt China’s $1.2 trillion trade surplus […]
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Trump Is Making China Great (Again)

America might still be the world’s most powerful country economically, but by turning trade into a weapon, Washington may be accelerating the very redistribution of global influence it fears the most. The trajectory of power The most important shift in the US-China competition may not be the size of either economy today, but the direction […]
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Is Europe’s ‘Competitiveness Man’ causing division in Europe?

Mario Draghi’s new think tank, born out of frustration with Brussels, excludes Central Europe while giving a prominent place to business interests linked to the United States. The man credited with saving the euro and the discussions over the European competitiveness with his report to reignite growth, now faces an unexpected accusation: that his latest […]
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