Ecuadorian economist Andrés Arauz, who came close to winning the 2021 presidential elections, explains Latin America's attempt to create a new currency and regional financial architecture, to challenge the "hegemonic, neo-colonial" US dollar-dominated system.
(NOTE: Andrés' internet connection was a bit unstable in this interview, so some parts are hard to ... Show More
Apr 25
US-Israeli war on Iran caused biggest oil crisis in history, endangering world economy
The US-Israeli war on Iran has caused the largest oil supply shock in history, according to the International Energy Agency (IEA). Ben Norton explains how the attacks by Trump and Netanyahu, and the ensuing blockade of the Strait of Hormuz, have unleashed an energy crisis that co ... Show More
21m 47s
Apr 21
US economy is based on Ponzi scheme that could collapse, warns economist Michael Hudson
There are growing signs that the United States may be on the verge of another major financial crisis, one that could start in the $3 trillion private credit market, which is already seeing significant turmoil, before spreading to other sectors. Geopolitical Economy Report editor ... Show More
34m 8s
Nov 2022
Brazil’s Lula joins leftist leaders pushing for change in Latin America
<p>Brazil joins a group of Latin American countries that have elected leftwing leaders. What kind of change will they bring to the region and its relations with the rest of the world? Michael Stott, the FT’s Latin America editor, discusses these questions with Andrés Velasco, dea ... Show More
29m 47s
Apr 2024
Ecuador’s ‘unprecedented’ Mexican embassy raid
<p>OpenAI and Meta are on the brink of releasing new artificial intelligence models, police in Ecuador stormed the Mexican embassy to arrest the former vice-president, and big investors are selling US Treasuries and buying European government bonds. Plus, Australia is trying to b ... Show More
11m 8s
Dec 2023
Can an ‘Anarcho-Capitalist’ President Save Argentina’s Economy?
<p><i>Warning: this episode contains strong language.</i></p><p>With Argentina again in the midst of an economic crisis, Argentine voters turned to Javier Milei, a far-right libertarian who has drawn comparisons to Donald J. Trump.</p><p>Jack Nicas, who covers South America for T ... Show More
21m 12s
Sep 2023
104 - El Salvador: The Price of Security
Once the murder capital of the world, El Salvador finds itself grappling with both gang violence and geopolitical shifts. Between 2013 and 2016, murder rates soared due to gang wars and systemic extortion. President Nayib Bukele, emerging from this tumult, removes the safety catc ... Show More
1h 3m