Pipeline Politics

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Interview on the Real News. Visit their page to watch it. Sharing disabled. The Hudson Report: Europe's effort to join the US in isolating Russia has backfired, it makes no sense to build an oil and gas pipeline for Russian exports that would be owned and leased to them by the US and Europe. SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I'm Sharmini Peries, coming to you from Baltimore. President Vladimir Putin is canceling his oil and gas pipeline to Europe. To discuss why is our regular guest Michael Hudson. Michael is distinguished research professor of economics at the University of Missouri-Kansas City. His latest books are The Bubble and Beyond and Finance Capitalism and Its Discontents. Michael, so explain to us why this cancellation is taking place. MICHAEL HUDSON, PROF. ...

Russian Pivot

https://www.youtube.com/watch?v=nflZSjiofr8 SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I'm Sharmini Peries, coming to you from Baltimore. President Vladimir Putin is on his way to India to discuss a gas and arms deal. Last week, he was in Turkey talking about diverting what was to be a South Stream pipeline away from Southern Europe to Turkey. At the APEC summit, he was squaring off deals with China for oil and gas. It is clear that Russia is pivoting to Eurasia. Here to discuss all of this is our regular guest Michael Hudson. Michael Hudson is distinguished research professor of economics at the University of Missouri-Kansas City. ...

Backfired!

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U.S. New Cold War policy has backfired – and created its worst nightmare 1. The world’s geopolitics, major trade patterns and military alliances have changed radically in the past month. Russia has re-oriented its gas and oil trade, and also its trade in military technology, away from Europe toward Eurasia. The result is the opposite of America’s hope for the past half-century of dividing and conquering Eurasia: setting Russia against China, isolating Iran, and preventing India, the Near East and other Asian countries from joining together to create an alternative to the U.S. dollar area. American sanctions and New Cold War policy has driven these Asian countries together in association with the Shanghai Cooperation Organization as an alternative to NATO, and in the BRICS moves to avoid dealing with the dollar ...

China – Russia sidestep neocons

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APEC meetings November 12, 2014 President Putin Pledges to Increase Trade with China and Asia to Rebuke Sanctions SHARMINI PERIES, EXEC. PRODUCER, TRNN: Welcome to The Real News Network. I'm Sharmini Peries, coming to you from Baltimore. During this year a number of governments applied sanctions against Russia for its involvement in the alleged pro-Russian unrest in the Ukraine. Sanctions against Russia were applied by many countries, with the United States and the European Union taking a lead. In retaliation, Russia has responded with sanctions against a number of countries, including a total ban on food imports from the European Union, United States, Norway, Canada, and Australia. What does all of this mean to Europe, the United States, and the geopolitical reconfigurations on trade pacts? Here to discuss all of this is Michael Hudson. Michael ...

Europe to pay for the whole mess in Ukraine

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https://www.youtube.com/watch?v=j6LieIl3m7U&feature=youtu.be The gas deal between Ukraine and Russia became possible because Europe realized that it wouldn't get the gas if it didn't get behind Ukraine, Wall Street analyst Michael Hudson told RT. RT: How important is this gas deal for Ukraine and for Europe? Michael Hudson: It's apparently most important for Europe because it was Europe that gave in on the deal. The problem was never about the price of the Russian gas. The problem was whether Ukraine was doing to keep up trying just to run up a larger and larger gas bill every month and every year and finally default. In the US Treasury, strategists have already discussed in public how Ukraine can simply avoid paying Russia the money that it owed by going to court and stalling it. So Russia ...

EU Fracking Wedge

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An interview with Radio Voice of Russia, World Service on Ukrainian sovereignty in the face of IMF loans, the push for fracking by US interests and how corruption lurks in the background. Is this Ukrainian pressure part of an EU fracking wedge on behalf of certain interests? According to this perspective, food sovereignty is a relict of past times. Play This

Washington Consensus Encloses Ukraine

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More at The Real News The Real News Network West looks to ramp up gas production, as Vice President Biden's son named leader in Ukrainian gas company Burisma - August 4, 2014 JESSICA DESVARIEUX, TRNN PRODUCER: Welcome to The Real News Network. I'm Jessica Desvarieux in Baltimore. And welcome to this edition of The Hudson Report. Now joining us is Michael Hudson. Michael is a distinguished research professor of economics at the University of Missouri-Kansas City. Thanks for joining us, Michael. MICHAEL HUDSON, PROF. ECONOMICS, UMKC: Good to be here, Jessica. DESVARIEUX: So, Michael, we've been covering Ukraine quite extensively. And I know you've been keeping track of ...