Economist Michael Hudson explains the inflation crisis and U.S. Federal Reserve’s “austerity program to reduce wages” and boost unemployment. He warns a “long depression” is coming, due to the new cold war on Russia and China.

Western governments have tried to rally the nations of Africa to join their war on Russia. But the vast majority of the continent has ignored their pressure campaign.

Gustavo Petro won Colombia’s June 19 election, becoming its first ever left-wing president. We analyze what this means for Latin America, the US, Venezuela, the military, paramilitary groups, the powerful oligarchy, and social movements.

Mexico’s left-wing President Andrés Manuel López Obrador (AMLO) denounced the illegal U.S. blockade of Cuba as a “type of genocide” and “tremendous violation of human rights.”

As the U.S. government’s Summit of the Americas opens in Los Angeles, California, the presidents of Mexico, Bolivia, Honduras, and Guatemala have refused to attend, protesting the exclusion of Cuba, Venezuela, and Nicaragua.

The United States plans to spend billions of dollars to surround China with missiles. But a US military-sponsored study concluded its Pacific allies South Korea, Japan, the Philippines, Thailand, and Australia are unlikely to host the offensive weapons.

U.S. Federal Reserve chairman Jerome Powell said his goal is “to get wages down,” complaining workers have too much power in the labor market. Economist Michael Hudson says this is “junk economics,” and corporate monopolies are driving inflation, not wages.

Economist Michael Hudson discusses the decline of the U.S. dollar, the sanctions war on Russia, his concept of “free-trade imperialism,” and financial parasitism.

The authoritarian Department of Homeland Security (DHS) that oversaw the War on Terror created a “Disinformation Governance Board,” led by anti-Russia information warrior Nina Jankowicz, who ran regime-change ops at a CIA front, smears independent anti-war U.S. media outlets as “Russian disinfo,” and called WikiLeaks “scum.”

The New York Times printed absurd claims about Multipolarista editor Benjamin Norton in a smear piece, using an image of his face crossed out by a red line, without giving him an opportunity to comment. This hatchet job reflects the newspaper’s long history of spreading false war propaganda for the U.S. government.

The Washington Post–owned by billionaire oligarch Jeff Bezos, who has CIA and Pentagon contracts–has called for censoring Chinese news outlets on social media, while praising Silicon Valley for purging Russian publications.

NATO sees Ukrainians as mere cannon fodder in its imperial proxy war on Russia.

Major Switzerland-based bank Credit Suisse forecasts Venezuela’s real GDP growth to be 20% in 2022 and 8% in 2023. This is despite an illegal U.S. blockade, which starved the government of 99% of its revenue, according to the top UN expert on sanctions.

Ukraine’s Western-backed government has criminalized socialist political parties, while its Nazi-infiltrated intelligence agencies are hunting down leftists, accusing them of being too soft on Russia. This comes after Kiev gave state honors to WWII-era Ukrainian fascists who collaborated with Hitler.

The “WEghur Stories” podcast claims to speak on behalf of “the Uyghur diaspora,” and uses intersectional feminist rhetoric to demonize China. But it’s co-created and hosted by an ex CIA agent, with funding from the U.S. embassy in France.

China is leading an international effort to develop alliances to counter U.S. hegemony.

The U.S., EU, and OAS are launching a new coup attempt against Nicaragua’s Sandinista government, refusing to recognize its 2021 elections. The Grayzone observed the vote on the ground, and dispels myths aimed at discrediting the process.

Economist Michael Hudson discusses the update of his book Super Imperialism: The Economic Strategy of American Empire and the financial motivations behind the U.S. new cold war on China and Russia.

Western governments in the NATO military alliance are developing tactics of “cognitive warfare,” using the supposed threats of China and Russia to justify waging a “battle for your brain” in the “human domain,” to “make everyone a weapon.”

A House Foreign Affairs Committee hearing on September 21 set out plans for the next phase of the United States’ hybrid warfare on Nicaragua, which aims to destabilize and ultimately overthrow the Central American nation’s leftist Sandinista government.