Ben Norton

@benjaminnorton
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Journalist / periodista || Editor of Geopolitical Economy Report https://GeopoliticalEconomy.com
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Geopolitical Economy Reporthttps://geopoliticaleconomy.com

The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar.

China, Russia, Brazil, ASEAN nations, Kenya, even Saudi Arabia and the UAE are now using local currencies in trade:

https://geopoliticaleconomy.com/2023/04/06/dedollarization-china-russia-brazil-asean/

Countries worldwide are dropping the US dollar: De-dollarization in China, Russia, Brazil, ASEAN - Geopolitical Economy Report

Global de-dollarization: Countries seek alternatives to US dollar hegemony, using local currencies in trade in China, Russia, Brazil, India, ASEAN, Kenya, Saudi, UAE

Geopolitical Economy Report
China & Russia pledge 'changes not seen in 100 years': Xi & Putin take aim at US dollar hegemony

YouTube

China’s President Xi Jinping traveled to Russia, where he pledged “changes the likes of which we haven’t seen for 100 years”.

Both countries agreed to deepen economic integration and challenge the hegemony of the US dollar, using yuan and other currencies in international trade.

https://geopoliticaleconomy.com/2023/03/25/china-russia-xi-putin-dollar-economy/

China & Russia pledge 'changes not seen in 100 years': Xi & Putin take aim at US dollar hegemony - Geopolitical Economy Report

China's President Xi Jinping traveled to Russia to meet Vladimir Putin, pledging "changes we haven’t seen for 100 years", agreeing to challenge US dollar with yuan and national currencies

Geopolitical Economy Report

The foreign ministers of the United States, Germany, and Ukraine have told the world, “Neutrality is not an option”, and “you can’t be neutral” in NATO’s proxy war with Russia, recalling President George W. Bush’s infamous declaration, “You are either with us, or against us”.

In doing so, these Western officials were condescendingly criticizing the Global South, representing 87% of the world's population, which has maintained strict neutrality over the war.

https://geopoliticaleconomy.com/2023/02/20/west-global-south-neutral-ukraine/

West tells Global South 'you can't be neutral' in Ukraine war: You are either with us, or against us - Geopolitical Economy Report

Foreign ministers of US, Germany, Ukraine said at Munich Security Conference, "Neutrality is not an option" in West's proxy war on Russia, criticizing Global South

Geopolitical Economy Report

What is inflation? What causes it? What are the problems in how the Federal Reserve and other central banks respond to it? Economists Radhika Desai and Michael Hudson explain in this episode of Geopolitical Economy Hour.

https://geopoliticaleconomy.com/2023/01/27/inflation-economists-radhika-desai-michael-hudson/

What causes inflation? Economists Radhika Desai & Michael Hudson explain - Geopolitical Economy Report

What causes inflation? Economists Radhika Desai and Michael Hudson explain, and analyze Federal Reserve policy, in Geopolitical Economy Hour.

Geopolitical Economy Report

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.

For every dollar of new global wealth earned by the poorest 90% of workers, one of the world’s billionaires gained $1.7 million.

And while billionaires get richer, global poverty is increasing.

https://geopoliticaleconomy.com/2023/01/17/rich-global-wealth-inequality-oxfam/

Richest 1% made 2/3rds of global wealth since 2020 - twice as much as 99% of population earned - Geopolitical Economy Report

In 2020 and 2021, wealthiest 1% made nearly two-thirds of new wealth, six times greater than the wealth made by the poorest 90%. Yet while billionaires get richer, poverty is increasing, Oxfam warns.

Geopolitical Economy Report

The imaginary parallel "national assembly" created by Venezuela's right-wing opposition voted to officially dissolve the fake "interim government" of US coup puppet Juan Guaidó, removing him after nearly 4 years

US coup puppet Guaidó never controlled anything in Venezuela -- only what the US/EU stole for him

He was now ousted by his erstwhile allies

But there's a problem: the opposition is still holding hostage BILLIONS of dollars of public assets robbed by the US/EU

https://www.reuters.com/world/americas/venezuela-opposition-removes-interim-president-guaido-2022-12-31/

Venezuela opposition removes interim President Guaido

Venezuela's opposition national assembly voted on Friday to remove interim President Juan Guaido, dissolve his government and appoint a commission to govern the country's foreign assets, as lawmakers seek a united front ahead of elections slated for 2024.

Reuters

Top United Nations experts wrote a letter to the United States government, emphasizing that its illegal unilateral sanctions on Iran violate the human rights of the Iranian people, calling for them to “be eased or lifted completely.”

https://multipolarista.com/2022/12/24/un-us-sanctions-iran-human-rights/

UN experts: US sanctions violate Iranians' human rights - Multipolarista

United Nations experts said United States government sanctions on Iran violate human rights of Iranians, calling for them to "be eased or lifted completely."

Multipolarista

In response to Western sanctions, Russia’s central bank is dropping the US dollar and will buy Chinese yuan on the foreign exchange market.

The yuan’s share of Moscow’s currency trading increased from 1% to 40-45% in 2022, while dollar trade halved from 80% to 40%.

https://multipolarista.com/2022/12/26/russia-us-dollar-chinese-yuan/

Russia dropping US dollar for Chinese yuan - and fast - Multipolarista

In response to Western sanctions, Russia's central bank is dropping the US dollar and will buy Chinese yuan on the foreign exchange market.

Multipolarista

Colombia’s President Gustavo Petro denounced the overthrow of Peru’s Pedro Castillo as a “parliamentary coup,” saying it is a warning for all democratically elected left-wing leaders in Latin America: “What they can’t win at the ballot box, they are trying to topple”

https://multipolarista.com/2022/12/19/colombia-petro-coup-peru-castillo/

Colombia's President Petro denounces 'parliamentary coup' against Peru's Castillo - Multipolarista

Colombia's President Gustavo Petro denounced the "parliamentary coup" against Peru's Pedro Castillo as a warning for left-wing leaders in Latin America

Multipolarista