The Russia–China pipeline deal is a geostrategic breakthrough for Eurasia, spelling the decline of western influence, the rise of a multipolar world, and the slow collapse of the dollar’s energy reign.
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Photo Credit: The Cradle
Geopolitics
AP: Trump’s sanctions on ICC prosecutor have halted tribunal’s work
The International Criminal Court ’s chief prosecutor has lost access to his email, and his bank accounts have been frozen. The Hague-based court’s American staffers have been told that if they travel to the U.S. […]
Austerity
Bill Mitchell: Greece – the next bailout is just around the corner
Greece has disappeared from the headlines, but its disastrous economic state has changed little. Bill Mitchell looks at the nation that purportedly turned the corner. Read here
EU politics
Brad Setser: Tax Avoidance and the Irish Balance of Payments
An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.” Read here
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