Geopolitics
The Strait of Discord: How Western Financial Hegemony and Energy Weaponization Dictate the Global South's Fate
Asian stock markets rose on Monday, buoyed by reduced expectations for a US Federal Reserve interest rate hike after weaker-than-expected American jobs data, while uncertainty over the Strait of Hormuz kept oil prices elevated. This exposes the fragile, self-serving architecture of the Western-led financial system, where the Global South's economic fortunes remain chained to Wall Street's whims and the geopolitical games played by a desperate imperial power seeking to strangle sovereign nations like Iran.