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All the commodities in the world are priced – and mostly sold – in US dollar. This means that countries need to get hold of and accumulate US dollars (which will be held in US banks). For example, India needs US dollars if it wants to buy oil from Saudi Arabia or electronics from China. This is the so-called Petrodollar regime.
How Sudan’s ‘rogue’ state label shaped US responses to the Darfur conflict: what’s the problem and who’s in charge?
Maria Gabrielsen Jumbert Pages 284-299 | Published online: Mar 2014 Abstract Few conflicts have been subject to as much international attention and efforts at resolution
The best-case scenario is that some combination of a military stalemate (or fear thereof), international pressure, or the exigencies of domestic politics force Abiy’s government and the TPLF to begrudgingly accept a ceasefire that could serve as the basis for a mediation effort. Unfortunately, the escalation in fighting that has occurred over the past several days makes a cessation of hostilities unlikely in the near-term. It is not out of the question, however, particularly if Abiy’s “limited and achievable” operation is stymied in the coming weeks, as seems likely. Each side, but particularly Abiy’s government, would have reason to seek de-escalation rather than a protracted conflict given that each faces immense challenges that such a conflict is likely to distract from, if not exacerbate
Wayne Madsen – June, 2021 For those who believe that freedom of the press exists in the United States, here’s a news bulletin: Those days
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