Foreign Policy Category Archive

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US Announces New Sanctions on Iran, Citing Illegality of Defending Yourself Against Jews

Andrew Anglin •ï¿½October 12, 2024

•ï¿½400 Words •ï¿½7 Comments • Reply

Who knew that it was even possible to put more sanctions on Iran? Xinhua: This is more than likely an attempt to sanction China, rather than Iran directly. China is the primary and effectively the sole buyer of Iranian oil, and based on the wording here, it appears that the US could kidnap Chinese people... Read More

Why Does the US Support Israel?

Michael Hudson •ï¿½November 13, 2023

•ï¿½8,400 Words •ï¿½302 Comments • Reply

BEN NORTON: Why does the United States so strongly support Israel? In this video today, Iâ€™m going to be explaining the geopolitical and economic reasons why Israel is such an important part of U.S. foreign policy and Washingtonâ€™s attempt to dominate not only the region of the Middle East, but really the entire world. For... Read More

WAR FEVER: Why China Should Prepare for the Worst

Mike Whitney •ï¿½October 3, 2023

•ï¿½2,900 Words •ï¿½375 Comments • Reply

The destruction of Nordstream is the key to understanding how Washington plans to deal with China. The pipeline effectively erased the geographic borders between Russia and Germany creating a de facto free trade zone that spanned the continents and increased the prosperity of both trading partners. The arrangement anticipated a much larger commons area that... Read More

Russia Continues to Stack Cash While America Sinks Like a Dead Hooker Someone Threw Off a Bridge

Andrew Anglin •ï¿½July 13, 2022

•ï¿½900 Words •ï¿½78 Comments • Reply

Using these energy sanctions to punish Russia is like if a woman tried to punish a man by giving him blowjobs. Like, â€œoh, I didnâ€™t destroy you with the last blowjob? Well, letâ€™s see how you like it if tomorrow I give you four blowjobs!â€ RT: The US/EU junta compact is now threatening to do... Read More

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The Coming Global Financial Revolution

Russia Is Following the American Playbook

Ellen Brown •ï¿½April 5, 2022

•ï¿½2,500 Words •ï¿½304 Comments • Reply

No country has successfully challenged the U.S. dollarâ€™s global hegemonyâ€”until now. How did this happen and what will it mean? Foreign critics have long chafed at the â€œexorbitant privilegeâ€ of the U.S. dollar as global reserve currency. The U.S. can issue this currency backed by nothing but the â€œfull faith and credit of the United... Read More

How Are Those Sanctions Working Out, Guys?

Andrew Anglin •ï¿½March 24, 2022

•ï¿½1,000 Words •ï¿½84 Comments • Reply

Unfortunately, the sanctions the US put on Russia do not appear to be harming Russia at all, even as they are furthering the destruction of the economy of the West, and setting the stage for a collapse of the dollar as reserve currency. Russia has just announced that if Europe wants its oil, theyâ€™re going... Read More

In Case You Care to Know What Is Really Going On

Putin is catching on

Paul Craig Roberts •ï¿½March 23, 2022

•ï¿½800 Words

Putin Orders Ruble Payments for Energy But he has a way to go When will Putin realize that Russian default on loans is the proper response to the seizure of Russian assets? Russia would have to be extremely foolish to borrow another cent from the West. Therefore, why protect access to foreign borrowing by continuing... Read More

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Sanctions: The Blowback

Michael Hudson •ï¿½March 23, 2022

•ï¿½4,000 Words •ï¿½106 Comments • Reply

Ross [00:00:29] Welcome to Renegade Inc. Whatever the outcome in Ukraine, one thing is for sure the economic reverberations will be felt by everyone for years to come as the world divides between the West and a rapidly reshaping Eurasia. Ross [00:00:49] Michael Hudson, always a pleasure to have you on the programme, welcome to... Read More

Bandit American Empire Using Bold Moral Lecturing and Threats Against Entire World

Andrew Anglin •ï¿½March 18, 2022

•ï¿½1,600 Words •ï¿½385 Comments • Reply

The United States, which is now officially a rogue state, acting out to inflict terror on the entire world in the name of supporting a fake war they cannot hope to win, has begun more aggressively lashing out against the rest of the world. The current US Administration appears to be confused as to why... Read More

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All That Glitters Is Not Necessarily Russian Gold

Pepe Escobar •ï¿½March 17, 2022

•ï¿½1,700 Words •ï¿½124 Comments • Reply

The â€œrules-based international orderâ€ â€“ as in â€œour way or the highwayâ€ â€“ is unraveling much faster than anyone could have predicted. The Eurasia Economic Union (EAEU) and China are starting to design a new monetary and financial system bypassing the U.S. dollar, supervised by Sergei Glazyev and intended to compete with the Bretton Woods... Read More

Bloomberg Informs Dumb Retards That Saudi Selling Oil in Yuan Is No Big Deal

Andrew Anglin •ï¿½March 16, 2022

•ï¿½1,800 Words •ï¿½198 Comments • Reply

This is the top story when you look for what the mainstream media is saying about reports that Saudi Arabia is considering selling oil to China in yuan â€“ from the financial geniuses at Bloomberg: Iâ€™m not a racist or anything, but I did have to chuckle a bit when I clicked that headline and... Read More

Russia says half its gold assets were frozen - is this for real or a slick play by Moscow?

Say Hello to Russian Gold and Chinese Petroyuan

Pepe Escobar •ï¿½March 15, 2022

•ï¿½1,500 Words •ï¿½224 Comments • Reply

It was a long time coming, but finally some key lineaments of the multipolar worldâ€™s new foundations are being revealed. On Friday, after a videoconference meeting, the Eurasian Economic Union (EAEU) and China agreed to design the mechanism for an independent international monetary and financial system. The EAEU consists of Russia, Kazakhstan, Kyrgyzstan, Belarus and... Read More

India Confirms It Is Implementing Non-Dollar Trade with Russia â€“ Including in Oil

Andrew Anglin •ï¿½March 15, 2022

•ï¿½1,000 Words •ï¿½62 Comments • Reply

Update: Nailed it. Less than two hours after I said the thing, the media confirmed the thing. Original article follows. Again: it is impossible for any normal person to understand the implications of what is happening right now. Even Iâ€™m having a hard time processing it all, and Iâ€™m pretty good at processing deranged lunacy.... Read More

The Sanctions Bite the West, Not Russia

Paul Craig Roberts •ï¿½March 9, 2022

•ï¿½700 Words

We can see how much worse the sanctions are punishing US and Europe than they are punishing Russia by examining this article: The Covid lockdowns re-awoke inflation, something the Federal Reserve had been unable to do for more than a decade of massive money creation. The lockdowns drove prices up by curtailing production. The sanctions... Read More

Biden Announces Total Ban on Russian Energy Imports, Tells Peasants to Deal with Gas Prices

Andrew Anglin •ï¿½March 8, 2022

•ï¿½500 Words •ï¿½41 Comments • Reply

Welp. Jim Bolden has officially done the deed: heâ€™s announced a full ban on Russian oil and gas imports. He says youâ€™re just going to have to deal with the price hikes on gasoline. He says itâ€™s not his fault, donâ€™t ever blame him again. He is doing a great job at everything. He also... Read More

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Russian Judo Tears the West Apart

Washington's sanctions on Moscow will destroy Europe, not Russia

Pepe Escobar •ï¿½March 8, 2022

•ï¿½1,600 Words •ï¿½182 Comments • Reply

The official Russian blacklist of hostile sanctioning nations includes the US, the EU, Canada and, in Asia, Japan, South Korea, Taiwan, and Singapore (the only one from Southeast Asia). Notice how that â€˜international communityâ€™ keeps shrinking. The Global South should be aware that no nations from West Asia, Latin America and Africa have joined Washingtonâ€™s... Read More

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The American Empire Self-Destructs

But nobody thought that it would happen this fast

Michael Hudson •ï¿½March 7, 2022

•ï¿½2,100 Words •ï¿½302 Comments • Reply

Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. The basic assumption of economic and diplomatic forecasting is that every country will act in its own self-interest. Such reasoning... Read More

Financial N-Option Will Settle Trumpâ€™s Oil War

Pepe Escobar •ï¿½January 6, 2020

•ï¿½1,300 Words •ï¿½18 Comments • Reply

The bombshell facts were delivered by caretaker Iraqi Prime Minister Adil Abdul-Mahdi, during an extraordinary, historic parliamentary session in Baghdad on Sunday. Maj. Gen. Qasem Soleimani had flown into Baghdad on a normal carrier flight, carrying a diplomatic passport. He had been sent by Tehran to deliver, in person, a reply to a message from... Read More

U.S. Economic Warfare and Likely Foreign Defenses

Michael Hudson •ï¿½July 23, 2019

•ï¿½5,400 Words •ï¿½63 Comments • Reply

Todayâ€™s world is at war on many fronts. The rules of international law and order put in place toward the end of World War II are being broken by U.S. foreign policy escalating its confrontation with countries that refrain from giving its companies control of their economic surpluses. Countries that do not give the United... Read More

The Empire: Now or Never

Fred Reed •ï¿½February 20, 2019

•ï¿½1,100 Words •ï¿½290 Comments • Reply

Many people I talk to seem to think American foreign policy has something to do with democracy, human rights, national security, or maybe terrorism or freedom, or niceness, or something. It is a curious belief, Washington being interested in all of them. Other people are simply puzzled, seeing no pattern in Americaâ€™s international behavior. Really,... Read More

Saker Interview with Michael Hudson on Venezuela

The Saker and Michael Hudson •ï¿½February 7, 2019

•ï¿½3,000 Words •ï¿½214 Comments • Reply

The Saker: Could you summarize the state of Venezuelaâ€™s economy when Chavez came to power? Michael Hudson: Venezuela was an oil monoculture. Its export revenue was spent largely on importing food and other necessities that it could have produced at home. Its trade was largely with the United States. So despite its oil wealth, it... Read More

Saudis---Stop the Oil Flood---or Else

Eric Margolis •ï¿½February 6, 2016

•ï¿½700 Words •ï¿½30 Comments • Reply

One night in his tent in Tripoli, Libya, Col. Muammar Khadafi told me, â€œthe Saudis are a very rich family hiding behind high walls, terrified their neighbors will come and steal their wealth.â€ He was right. The covetous neighbor most feared by the Saudis are Iran, followed by Egypt, Turkey and, more distantly, Israel. Iraq... Read More

Oil Price Blowback; Is Putin Creating a New World Order?

Bravo!

Mike Whitney •ï¿½January 6, 2015

•ï¿½3,000 Words •ï¿½16 Comments • Reply

Itâ€™s hard to know which country is going to suffer the most from falling oil prices. Up to now, of course, Russia, Iran and Venezuela have taken the biggest hit, but that will probably change as time goes on. What the Obama administration should be worried about is the second-order effects that will eventually show... Read More

The Oil Coup

US-Saudi Subterfuge Send Stocks and Credit Reeling

Mike Whitney •ï¿½December 16, 2014

•ï¿½1,900 Words •ï¿½10 Comments • Reply

U.S. powerbrokers have put the country at risk of another financial crisis to intensify their economic war on Moscow and to move ahead with their plan to â€œpivot to Asiaâ€. Hereâ€™s whatâ€™s happening: Washington has persuaded the Saudis to flood the market with oil to push down prices, decimate Russiaâ€™s economy, and reduce Moscowâ€™s resistance... Read More

Defending Dollar Imperialism

Ukraine War Driven by Gas-Dollar Link

Mike Whitney •ï¿½December 1, 2014

•ï¿½2,600 Words •ï¿½8 Comments • Reply

If there was a way the United States could achieve its long-term strategic objectives and, at the same time, avoid a war with Russia, it would so. Unfortunately, that is not an option, which is why thereâ€™s going to be a clash between the two nuclear-armed adversaries sometime in the near future. Let me explain:... Read More

The Oil Weapon in America's Hands

Pat Buchanan •ï¿½November 14, 2014

•ï¿½800 Words •ï¿½21 Comments • Reply

In July of 1941, after Japan occupied French Indochina, the Roosevelt administration froze Japan's assets in the United States. Denied hard cash, Japan could not buy the U.S. oil upon which the empire depended for survival. Seeing the Dutch East Indies as her only other source, Japan prepared to invade. But first she had to... Read More

The Bases of War in the Middle East

From Carter to the Islamic State, 35 Years of Building Bases and Sowing Disaster

David Vine •ï¿½November 13, 2014

•ï¿½3,000 Words •ï¿½8 Comments • Reply

With the launch of a new U.S.-led war in Iraq and Syria against the Islamic State (IS), the United States has engaged in aggressive military action in at least 13 countries in the Greater Middle East since 1980. In that time, every American president has invaded, occupied, bombed, or gone to war in at least... Read More

The Pentagon and Big Oil: Militarism and Capital Accumulation

James Petras •ï¿½October 26, 2014

•ï¿½1,400 Words •ï¿½Leave a Comment

Introduction: There is no question that, in the immediate aftermath and for several years following US military conquests, wars, occupations and sanctions, US multi-national corporations lost out on profitable sites for investments. The biggest losses were in the exploitation of natural resources â€“ in particular, gas and oil â€“ in the Middle East, the Persian... Read More

Twenty-First-Century Energy Wars

Global Conflicts Are Increasingly Fueled by the Desire for Oil and Natural Gas -- and the Funds They Generate

Michael T. Klare •ï¿½July 8, 2014

•ï¿½3,500 Words •ï¿½Leave a Comment

Iraq, Syria, Nigeria, South Sudan, Ukraine, the East and South China Seas: wherever you look, the world is aflame with new or intensifying conflicts. At first glance, these upheavals appear to be independent events, driven by their own unique and idiosyncratic circumstances. But look more closely and they share several key characteristics -- notably, a... Read More

Michael Klare: Fighting for Oil

Tom Engelhardt •ï¿½July 8, 2014

•ï¿½500 Words •ï¿½Leave a Comment

Call it a double whammy for the planet or simply irony with a capital â€œI.â€ As the invaluable Michael Klare, TomDispatch regular and author of The Race for Whatâ€™s Left, points out today, if you scan the planet for conflict, what youâ€™ll find from Syria and Iraq to the South China Sea are a series... Read More

Michael Schwartz: The New Oil Wars in Iraq

Tom Engelhardt •ï¿½June 24, 2014

•ï¿½1,000 Words •ï¿½Leave a Comment

Imagine the president, speaking on Iraq from the White House Press Briefing Room last Thursday, as the proverbial deer in the headlights -- and itâ€™s not difficult to guess just what those headlights were. Think of them as Benghazi on steroids. If the killing of an American ambassador, a Foreign Service officer, and two CIA... Read More

Itâ€™s the Oil, Stupid!

Insurgency and War on a Sea of Oil

Michael Schwartz •ï¿½June 24, 2014

•ï¿½2,900 Words •ï¿½4 Comments • Reply

Events in Iraq are headline news everywhere, and once again, there is no mention of the issue that underlies much of the violence: control of Iraqi oil. Instead, the media is flooded with debate about, horror over, and extensive analysis of a not-exactly-brand-new terrorist threat, the Islamic State of Iraq and Syria (ISIS). There are,... Read More

Sudan, Slavery, Oil, and Politics

Peter Lee •ï¿½September 23, 2010

•ï¿½7,100 Words •ï¿½Leave a Comment

I have a piece up at Asia Times entitled US, China Brace for Sudan Trainwreck. Sudan is torn between two competing humanitarian constituencies. Liberals tend to follow Darfur. Conservatives, on the other hand, particularly of the Christian Right persuasion, have focused on the conflict between north Sudan (Arab/Muslim) vs. south Sudan (Christian/animist). Not to say... Read More

Take Back the Oil Companies!

The "N" Word

Mike Whitney •ï¿½May 1, 2006

•ï¿½900 Words •ï¿½Leave a Comment

Nationalizing the oil industry should be the central tenet of any progressive political movement. Evidence of the industry's involvement in the invasion of Iraq as well as its obvious complicity in corrupting the political system should provide ample proof that the oil giants are a clear and present danger to democracy and need to be... Read More

The Oil Demons Are Out of the Box

Pandora's Government

Mike Whitney •ï¿½October 1, 2004

•ï¿½600 Words •ï¿½Leave a Comment

In case you missed it, we lost the war on terror this week. The decisive battle took place in Nigeria when local groups threatened to attack international oil facilities. This sent the price of crude rocketting through the ceiling. In fact, there were no attacks, which proves that even the mere hint of a disruption... Read More

"Oil" Items Across Entire Archive

Category Classics

American Pravda: Mossad Assassinations

The JFK Assassination and the 9/11 Attacks?

Ron Unz

•ï¿½1,090 Comments • Reply

9/11 Was an Israeli Job

How America was neoconned into World War IV

•ï¿½627 Comments • Reply

American Pravda: The JFK Assassination, Part II â€“ Who Did It? •ï¿½57m ▶

Ron Unz

•ï¿½1,036 Comments • Reply