Image is of Abdul-Malik al-Houthi, the leader of Ansarallah.
The death of Zionism has just massively accelerated.
previous preamble
BRICS has expanded to include Ethiopia, Egypt, Iran, Saudi Arabia, and the United Arab Emirates. Argentina is currently experiencing technical difficulties due to the election of the ancap clown Milei - once he's out of office, maybe they can try again.
I don't really have much to say about this one way or another. BRICS has, so far, made only nervous and small steps towards challenging US hegemony. This isn't really that unexpected, as only China and Russia are the real "true believers" in ending US hegemony (and even then, China's government either believes, or is pretending to believe, that reconciliation is still possible). Brazil, India, and South Africa are less enthralled by the concept of dethroning the US, most especially India, who had to make a firm decision in 2023 whether they were going to be on the side of America, or on the side of the Global South, and chose the former, strengthening their military relationship. They're still best of friends with Russia, but they are very obviously the sussy imposter of the BRICS group.
The prospects of BRICS are only really loosely correlated with the prospects of multipolarism, though. It's not a process that hinges on BRICS's successes or failures. It is coming because the contender states (in Desai's terminology) are irreversibly rising, and the US is irreversibly falling. If it will not be BRICS that leads, it will be a different organization. A better world is not only possible, but inevitable - unfortunately for the US.
I'm taking a week off the updates because I've been swamped lately, and also feel the need to reconfigure (and find new) sources. Needless to say that I've grown tired of Financial Times headlines, even if they do represent the actual views of the bourgeoisie.
The Country of the Week is Ethiopia! Feel free to chime in with books, essays, longform articles, even stories and anecdotes or rants. More detail here.
The bulletins site is here!
The RSS feed is here.
Last week's thread is here.
Israel-Palestine Conflict
Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA daily-ish reports on Israel's destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news (and has automated posting when the person running it goes to sleep).
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
English-language PalestineResist telegram channel.
More telegram channels here for those interested.
Various sources that are covering the Ukraine conflict are also covering the one in Palestine, like Rybar.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia's youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don't want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it's just the two of them if you want a little more analysis.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists' side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR's former Defense Minister and Colonel in the DPR's forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster's telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a 'propaganda tax', if you don't believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
havent people been saying this will absolutely destroy other countries’ trust in the dollar?
(reposting with HB account cuz comments from my LG account arent federating for some reason)
The trust in dollar has already been broken, but because there is simply no alternative to it (literally nothing else in the world has the sheer liquidity, market depth and stability of the dollar, like nothing even comes close to that), everyone will continue to use the dollar. (I have made the case that the only way out is through de-dollarization i.e. massive global debt cancellation but nobody is keen on doing it, so it’s not happening anytime soon).
The euro, however, is fucked. Most of the seized Russian assets are in euros. Now, because the euro is not a viable alternative to the dollar, most people can live without euro (but the economy will absolutely stop functioning if they stop using dollar), the plunge in its trust means investors pulling away from the euro, followed by the weakening of the currency, hampering Europe’s ability to import commodities and consumer goods, which can only mean further inflation (adding that to the already inflated energy cost from the loss of Russian gas supplies) and poor economic prospect.
In other words, America has completely fucked Europe over, to put it mildly.
deleted by creator
It would not destroy trust in western finance absolutely but it would make a significant dent in it. Westoids and their compradors will continue to have faith in it but any country that sees itself as a potential target for the the evil empire's aggression would think twice about putting their money there and be more open to considering alternatives.
Another similar effect would be to chip away at liberal ideology. One of the most important features of the ideological superstructure is the sacrosanctity of property rights. This is going to suffer as a consequence of stealing Russia's assets. If people are told you can take Russia's stuff because they're evil, the idea of taking other evil rich people's stuff becomes more palatable and harder to dismiss categorically by invoking a dogmatic reverence for property rights.
Dedollarization is a slow process. Maybe this is the kick in the pants needed, but even if so it would take years.