New relationships are growing and strengthening among countries in the Global South. Leader of North Korea Kim Jong Un and Russian President Vladimir Putin are meeting, while Venezuelan President Nicolás Maduro traveled to Beijing to meet with Chinese President Xi Jinping.
What do these big geopolitical shifts mean for the residents of the Global South and the globe? Brian Becker is joined by Be [...]
Jeffrey Sachs is a well-known American economist, academic, and public policy analyst who has made significant contributions to the fields of sustainable development and economic development. He has held various prestigious positions throughout his career, including serving as the director of The Earth Institute at Columbia University and as a special advisor to the United Nations Secretary-Genera [...]
The BRICS bloc of developing nations agreed on Thursday to admit Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates in a move aimed at accelerating its push to reshuffle a world order it sees as outdated. [...]
Tomorrow the U.S. dollar is put on notice as the BRICS nations come together in South Africa for their first face to face meeting since the start of the pandemic. More than 40 countries are vying to join BRICS as they take aim at the U.S. dollar. Putin and China are officially upending the unipolar order.
The US China War is Starting...Here is What Happens Next! [...]
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News interviews Simon Hunt, Founder of Simon Hunt Strategic Services, who says the BRICS countries are on a “deliberate” path to develop a new mechanism that will work against the U.S. dollar. Hunt warns not to underestimate the threat posed by the BRICS group and its expansion. Hunt discusses why he expects the new BRICS currency to be [...]
What if France leaves the G7 and joins hands with the BRICS nations? With the rise of the BRICS countries, their influence is spreading across the globe. French President Emmanuel Macron could take part in the BRICS Summit in South Africa in August 2023, as he voiced his desire to participate in the Summit. Now this begs the question: Can this diverse group of nations reshape the global order and [...]
Global use of the US dollar as a currency may decline further to 40-45% within the next 2-3 years.
March 2023 brought an economic bloodbath in the United States. One of the most prominent American banks, the Silicon Valley Bank, which was counted as one of the top 20 banks in the US with over $215 bn in assets, collapsed. The bank suffered a massive loss of $1.8 bn due to the interest hike on US [...]
April 12th, UN spokesperson Dujarric announced that the UN was discussing the issue of Russia's banks being allowed to rejoin the SWIFT payment system. The SWIFT payment system is one of the most crucial financial infrastructures globally. In February 2022, the US and other Western countries issued a joint statement that excluded some Russian banks from the system.
The War You Don't See traces th [...]
As the world becomes more interconnected and globalized, countries are seeking to align themselves with others that share their values and goals. Mexico's interest in joining the BRICS group is a clear example of this trend.
Read more...Mexico the second largest economy in South America after Brazil has considered a possible partnership with the BRICS countries, being an important country for [...]
As Russia and its BRICS partners convene this week, the organization faces a momentous test of its global influence: can it hold the line and insist on a diplomatic solution to the alarming US standoff with North Korea? [...]
The proposed enlargement of BRICS (BRICS Plus) with the inclusion of powerful emerging economies would help fill the void created by US trade protectionism, international analyst Adrian Zelaia told Sputnik.
Having analyzed Beijing’s idea to bring Pakistan, Bangladesh, Iran, Nigeria, South Korea, Mexico, Turkey, Indonesia, the Philippines and Vietnam into the BRICS group, consisting of Braz [...]