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Tag Archives: Ukraine
#223. Trading with the (common) enemy
#223. Trading with the (common) enemy THE SHARED CONSEQUENCES OF RESOURCE CONSTRAINTThe tragedy unfolding in Ukraine, as well as being horrific in itself, has brought us face-to-face with a brutal fact whose reality we’ve always, hitherto, managed to ignore. This fact is that the world has become accustomed to a standard of living that its energy resources […]
Thirteen Days of the Cuban Missile Crisis
Thirteen Days of the Cuban Missile Crisis Why Putin Invaded Ukraine – and what’s really going on 1) Truth is the First Casualty of War. And War is Permanent Truth is the first casualty of war, and the Ukraine conflict has been no exception. Online commentary has kept up where corporatist media has failed. Leaving […]
Condemn the invasion, but retain your critical faculties
Condemn the invasion, but retain your critical faculties Moscow’s bombing and invasion of Ukraine must be condemned by all those who believe in a rules-based international order and peaceful solutions to world problems. Hopefully Russian internationalists can come together to create a peace movement powerful enough to pressure their government. While criticizing Russian imperialism, however, […]
Is This Russian Propaganda? Notes From The Edge Of The Narrative Matrix
Is This Russian Propaganda? Notes From The Edge Of The Narrative Matrix Listen to a reading of this article: ❖ We’re risking a very fast, very radioactive World War 3 to defend the “democracy” of a nation whose government bans opposition parties, imprisons political opponents, shuts down opposition media, and takes all its orders from […]
Ukraine Is A Sacrificial Pawn On The Imperial Chessboard
Ukraine Is A Sacrificial Pawn On The Imperial Chessboard Listen to a reading of this article: ❖ The war is not going well for Kyiv, and it would be unreasonable to expect that to change. As a vastly superior military force overwhelms the US client state, reality is in the process of crashing down hard in the face of western […]
All Hell Breaks Loose On Russian Oil Embargo Fears: Futures, Stocks Plunge As Oil Soars To $139, Gold Hits $2,000
All Hell Breaks Loose On Russian Oil Embargo Fears: Futures, Stocks Plunge As Oil Soars To $139, Gold Hits $2,000 All hell is breaking loose in the Sunday evening session where S&P equity futures and Asian markets tumbled, while havens such as sovereign bonds and gold soared amid fears of an inflation shock in the world economy as oil soared […]
Further Down the Road
Further Down the Road How crises accelerate the process of decline Will it fall this time…? Image source: Unsplash I’ve always encouraged my readers to take a broader look on the shape of things to come — and to look beyond well curated political narratives. What rarely fits into these stories, is the vital role energy […]
Ukraine conflict may portend end to current world trading system
Ukraine conflict may portend end to current world trading system At the beginning of nearly every war including the current one in Ukraine, there are those who loudly declare that it will be over shortly and then business-as-usual can resume. They are rarely right. While no one can say for certain what the trajectory of the Russian-Ukrainian […]
Putin’s energy shock is becoming a world food crisis. Brace for rationing.
Putin’s energy shock is becoming a world food crisis. Brace for rationing. The world was facing a grain supply crunch even before Putin’s invasion of Ukraine. The United Nations food price index was already higher in real terms than at the height of the global hunger crisis a decade ago, when Tunisian bread protests set […]
When normality is exposed as a Ponzi
When normality is exposed as a Ponzi Putin’s hubris, yes-men for generals, lack of fighting conviction among the men, poor logistics and strong Ukrainian leadership and determination have combined to turn the Russian invasion of Ukraine into a military quagmire. Meanwhile, the West has upped the stakes in a financial war. The underlying assumption is […]
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately
Food Crisis Imminent: Hungary Bans All Grains Exports Effective Immediately (Update 1:25pm ET) – Those who have it, are no longer giving it away, and those that don’t will soon find themselves in the middle of an epic food crisis. Just hours after we reported that Russia effectively banned exports of fertilizers, moments ago Hungary – […]
Pioneer CEO Sheffield Warns U.S. Shale Is Unable to Grow Much More
Pioneer CEO Sheffield Warns U.S. Shale Is Unable to Grow Much More (Bloomberg) — U.S. shale lacks the capacity to come to the rescue of consumers battling sky-high energy prices with much more crude production, says the boss of the Permian Basin’s biggest oil explorer. Only OPEC countries like Saudi Arabia and the United Arab […]
The world could be on the brink of an energy crisis rivaling the 1970s, says IHS Markit’s Yergin
The world could be on the brink of an energy crisis rivaling the 1970s, says IHS Markit’s Yergin Russia’s Ukraine invasion could have set in motion an energy market disruption on the scale of major oil crises in the 1970s, according to Daniel Yergin, vice chairman of IHS Markit. Sanctions by the U.S. and allies […]
Two Oil Price Scenarios: One Bad, And One Catastrophic
Two Oil Price Scenarios: One Bad, And One Catastrophic Another day, another record discount for Russian Urals crude, which was offered at a price more than $22 below spot by oil trader Trafigura and still could find no giant… … confirmed what we previously observed, namely that the commodity world is splitting in two: a bidless market for Russian […]
