Jeffrey Sachs is a well-known American economist, academic, and public policy analyst who has made significant contributions to the fields of sustainable development and economic development. He has held various prestigious positions throughout his career, including serving as the director of The Earth Institute at Columbia University and as a special advisor to the United Nations Secretary-Genera [...]

The State Department announced on August 15 that the US views the improvement in relations between Beijing and Moscow with “concern.” The announcement was made only days after the US provocatively sent warships to monitor Chinese and Russian ships engaged in joint naval exercises in international waters. Nonetheless, the statement is contradictory since the US forced, with their aggressive act [...]

Germany's recession and industrial crisis are getting from bad to worse. Because of Germany's push towards green energy, their Minister of Economy is predicting 5 long years of economic pain for the country. This involves higher deficit spending to help transition to renewables to prevent a total collapse of German industry. Here's what you must know! Putin has the last laugh as NATO Nation ent [...]

Truckers used to make $110K per year on average. Now many are homeless. So what happened? We dug into it as part of our new Class Room series, which looks at how jobs that used to provide a solid, middle class life now barely provide a living. With trucking, that story starts with deregulation. Big Box stores like Walmart were allowed to crush worker power and wages across an entire industry. Now [...]

Prior to the unfortunate dismantling of the Soviet Union, Ukraine was one of its most prominent republics, even rivaling Russia itself in numerous aspects. In many ways, it was a sort of “Soviet California”, as approximately 30% of the USSR’s massive industrial and scientific might was situated precisely in Ukraine. Much of Soviet shipbuilding, advanced electronics, rocketry, chemical indust [...]

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who says the BRICS countries are on a “deliberate” path to develop a new mechanism that will work against the U.S. dollar. Hunt warns not to underestimate the threat posed by the BRICS group and its expansion. Hunt discusses why he expects the new BRICS currency to be [...]

The definition of a failed state according to some experts is: A failed state is a political body that has disintegrated to a point where basic conditions and responsibilities of a sovereign government no longer function properly. Another characteristic of a failed state includes a central government so weak or ineffective that it has an inability to raise taxes or other support and has little pra [...]

What if France leaves the G7 and joins hands with the BRICS nations? With the rise of the BRICS countries, their influence is spreading across the globe. French President Emmanuel Macron could take part in the BRICS Summit in South Africa in August 2023, as he voiced his desire to participate in the Summit. Now this begs the question: Can this diverse group of nations reshape the global order and [...]

Federal Reserve's latest meeting minutes released on 23 November. After four consecutive interest rate hikes of 75 basis points, the vast majority of participants believed that the Fed would soon slow down the pace of rate hikes. This is because, in their view, continuing to raise rates sharply would increase the risk of instability or disruption to the US financial system and the US national debt [...]

Global use of the US dollar as a currency may decline further to 40-45% within the next 2-3 years. March 2023 brought an economic bloodbath in the United States. One of the most prominent American banks, the Silicon Valley Bank, which was counted as one of the top 20 banks in the US with over $215 bn in assets, collapsed. The bank suffered a massive loss of $1.8 bn due to the interest hike on US [...]

Colombia is being crushed under a failed 2016 peace accord between the government and the Revolutionary Armed Forces of Colombia (FARC). While the agreement initially brought hope for a brighter future, its implementation has been marred by complexities and setbacks. Colombia is also dealing with runaway inflation that is crushing the population.   [...]

De-Dollarization Drive: Why Iraq Has Decided to Abandon the US Dollar | Vantage with Palki Sharma In a bold move, Iraq has prohibited transactions in US dollars. This surprise announcement last week was an effort to stabilize the Iraqi Dinar. But increasingly, the US dollar’s dominance is being challenged in West Asia. Palki Sharma tells how the de-dollarization trend is catching on. [...]

Compare news coverage about Mexico 🎞More here! [...]

US Banking Crisis: Two More Banks On the Brink of Collapse? | Vantage with Palki Sharma The US banking crisis is far from over. Regional banks suffered more losses and investors are pulling out money. Two more banks are on the brink of collapse. Is the US prepared? [...]

Europe is facing a massive energy crisis and is turning to China for help. After Macron's visit to China, Europe is shifting away from the United States and doing ANYTHING it can to solve its ongoing energy problems. [...]

Speaking during an official visit to China, Emmanuel Macron said that Europe should chart its own course and be a 'third pole' in world affairs between Washington and Beijing – and not be a vassal to either as the New Cold War threatens to escalate. Unsurprisingly, his comments have caused unease among many European leaders, for whom unquestioned alignment with Washington is the only way. Is Eur [...]

China and Saudi Arabia just dealt a knock blow to the U.S. dollar. This week we got our clearest sign yet that America is in serious economic trouble after China and Saudi Arabia filed new agreements on oil and trade. But the biggest problem came from the Crown Prince who said he was done trying to please The United States. The new world order is beginning. Why does the US military have 800 bas [...]

The Rise and Fall of Great Powers? America, China, and the Global Order. The costs of sustaining the US's new 'Empire' will become apparent to its public only when these costs directly accrue to them. This will happen, as this article suggests, only when (i) other nations stop subsidizing the US's imperial adventures by colluding in them and (ii) the dollar loses its role as the world's reserve cu [...]

Why the World Is Dumping the American Dollar | Vantage with Palki Sharma China and Brazil have struck a deal to trade in their local currencies instead of the US dollar. They joined a long list of countries including Saudi Arabia, Kenya, and India. Why is the world attempting to de-dollars? Palki Sharma decodes. In 3 days EVERYTHING changes for the US Dollar BRICS+ Announces NEW Currency To [...]

Mark Petrakis shared an Ayn Rand quote on Facebook today that left me thinking for hours, especially as I watched the spreading waves left behind by the collapse of Silicon Valley Bank. The quote describes how you can tell when your society is doomed. I certainly read the orchestrated bank crisis that will unfold after Silicon Valley Bank as a sign that the parasite class has decided that opposit [...]

In summary: In the Middle East, Saudi Arabia and Iran are two major countries in the region, and both national authorities practice Islam, but belong to different sects. Islam in Saudi Arabia belongs to the Sunni sect, while Islam in Iran belongs to the Shia sect. The two sects have been in a feud since ancient times, creating mutual hatred and distrust. [...]

On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically important financial institution” (SIFI) as defined in the Dodd-Frank Act, which requires insolvent SIFIs to � [...]