Geopolitical Economy Report

Ben Norton, an analyst, discusses the global trend of de-dollarization, highlighting examples worldwide. The IMF recognizes the decline in dollar dominance, attributing it to Western sanctions and central banks diversifying into gold. The US Federal Reserve reluctantly acknowledges de-dollarization but minimizes its significance, emphasizing the challenges ahead.

Ben Norton, analyst of UN legal experts' statements, discusses the UN report accusing Israel of war crimes and crimes against humanity in Gaza. Topics include the Israeli army being labeled 'criminal', ethnic cleansing of Palestinians, genocide in Gaza, Israel disregarding Hague rulings, and the issue of false equivalence in the conflict.

Ben Norton discusses NATO's hypocrisy and the Global South's rejection of the West's 'Summit on Peace in Ukraine'. Topics include low attendance, China and Brazil's peace proposals, and Colombia's criticism of the summit for favoring one side.

Ben Norton discusses how capitalism is becoming extremely monopolized and unequal, leading to neo-feudalism. Topics include BlackRock CEO at G7 summit, Wall Street vulture funds, privatization of infrastructure, and the influence of investment companies on housing and cryptocurrencies.

Ukraine is a "gold mine" with $12 trillion worth of critical minerals, US Senator Lindsey Graham insisted in a TV interview. Ben Norton discusses how Western companies want these resources, and how Washington hopes to block China's access to them to hurt its technology industries. VIDEO: https://www.youtube.com/watch?v=3TRPk3N8FyQ Zelensky is literally selling Ukraine to US corporations on Wall Street: https://geopoliticaleconomy.com/2022/09/09/zelensky-selling-ukraine-wall-street/ Topics 0:00 Intro 1:35 Clip: US Senator Lindsey Graham wants Ukraine's minerals 2:24 Ukraine war has nothing to do with democracy 5:44 US also wants to 'weaken' Russia in Ukraine 6:21 Wall Street buys up Ukraine 8:08 Military-industrial complex profits 10:07 Washington Post on Ukraine's 'battle for minerals' 11:55 Russia 12:48 US seeks to block China's access to minerals 15:44 Multiple reasons for Ukraine war 17:10 Trump wanted to take Venezuela's oil 19:16 Exxon CEO ran US State Department 20:29 US plan to seize Russia's $300B in FX reserves 21:20 Clip: Lindsey Graham calls to seize Russia's reserves 21:43 Debate over Russia's central bank reserves 23:07 De-dollarization 24:38 Outro

Journalist and commentator Ben Norton discusses how 94% of Americans want to end the war in Ukraine, but NATO rejects peace proposals from China and Brazil and excludes Russia from peace talks. Topics include Biden authorizing attacks inside Russia, France sending military forces to Ukraine, increased nuclear weapon deployments, and China's efforts for peace in Ukraine.

Journalist José Luis Granados Ceja discusses Mexico's political landscape post-AMLO, focusing on President-elect Claudia Sheinbaum's victory and Morena party's influence. The topics cover geopolitics with US, China, and Russia, AMLO's economic policies, defeat of establishment parties, Latin American integration, and everyday life in Mexico.

Ben Norton explains how Wall Street investment firms influence US elections by funding Trump through Blackstone and Biden through BlackRock. Topics include oligarchy in the US, financial backing of political parties, the influence of Blackstone and BlackRock, wealth accumulation, private equity takeovers, and exploitation of subprime loans.

As Israel bombs Rafah with US support, both are blatantly defying the International Court of Justice (ICJ) and International Criminal Court (ICC). Ben Norton documents the hypocrisy of the Biden administration's claims to uphold the "rules-based international order" as it sponsors Netanyahu's crimes against humanity in Gaza. VIDEO: https://youtube.com/watch?v=Q2B6wkbO6vw Check out our related video - "US threatens ICC, warning 'If they [prosecute] Israel, we're next!'": https://youtube.com/watch?v=ChZZ3GKiNE0 Topics 0:00 Intro 1:30 ICJ orders Israel to stop attacking Rafah 2:38 Israel bombs tent camp in Rafah 3:51 US & UK help Israel violate ICJ rulings 4:34 UN expert calls for sanctions on Israel 6:28 Netanyahu: "Nobody will stop us - not the Hague" 7:19 US threatens to sanction ICC 8:19 Israeli spy chief threatened ICC 9:23 Trump & Biden attack ICC 9:50 Hypocrisy of "rules-based order" 13:02 US House Speaker Mike Johnson threatens ICC 13:48 US "rules-based order" vs. international law-based order 14:40 UK PM Rishi Sunak praises "rules-based order" 15:00 Germany's hypocrisy on Israel 17:55 Western neocolonialism 23:58 China defends international law 26:16 Outro

Putin met with Xi Jinping in Beijing, where China and Russia released a joint statement blasting Western "colonialism and hegemonism", supporting a multipolar world and more representation for the Global South, and calling for de-dollarization and expansion of BRICS. Ben Norton analyzes the historic document. VIDEO: https://youtube.com/watch?v=ufjxmDLQyBU Full text of the joint statement with links here: https://geopoliticaleconomy.com/2024/05/24/china-russia-joint-statement-new-era-75th-anniversary/ Topics 0:00 Intro 0:49 Putin's visit to China 1:42 Summary of the joint statement 4:58 Russia deepens economic integration with China 7:18 China expands trade with anti-hegemonic nations 8:50 Note on translation of joint statement 11:20 75th anniversary of China-Russia relations 13:46 Supporting Global South & multipolar world 17:58 Condemning Western neocolonialism & hegemony 20:49 Expanding cooperation 23:03 "True multilateralism" 25:14 Group of Friends in Defense of the UN Charter 27:35 Shanghai Cooperation Organization 28:33 Expanding BRICS 30:10 Nuclear weapons 30:33 Condemning US militarism 34:26 Climate change & pollution 36:01 Ukraine war 38:58 Non-interference 40:29 ASEAN 40:46 East Asia 41:33 North Korea 42:36 West Asia (Middle East) & Palestine 44:07 Afghanistan 45:18 Africa 46:25 Latin America 48:17 Outro