oil production

Unintended Consequences: US Sanctions on Russia and Iran Weaken Dollar's Rule

Unintended Consequences: US Sanctions on Russia and Iran Weaken Dollar’s Rule

October 23, 2018

As the US tries to keep countries such as India from dealing with Iran and Russia, it is driving more and more countries to seek alternatives to the US dollar, threatening the dollar’s hegemony, says Vijay Prashad

Russia and Saudi Arabia to Form an Alternative to OPEC?

July 11, 2018

The world is in a slow energy transition to renewables, which has made it difficult for OPEC to maintain price stability. This transition lies at the heart of Saudi Arabia and Russia’s efforts to find new ways for stabilizing oil prices, says Prof. Timothy Mitchell

How the Ecuadorian Economy Grew in a Global Recession

March 24, 2014

Economist Bill Black discusses how the investment in education, healthcare, and infrastructure fueled Ecuador’s economic “miracle”

Venezuelan Democracy: A Tension Between Centralized Power and Local Democracy

March 28, 2013

Manuel Larrabure: The Bolivarian Revolution succeeded in developing models of community power and reduced inequality but so far has failed to diversify the economy or extend workers democracy in the oil and mining sector