An interview with former Brazilian foreign minister Celso Amorim on how BRICS came into being, how the nuclear deal was done with Tehran and how the South dealt with Chavez
The ascendence of China and multilateral trading blocks could eventually spell the doom of the G20 and U.S. global dominance as we know it.
The trade war launched by the Trump administration against China may not have been solved by a 2½-hour dinner between Chinese President Xi Jinping and Donald Trump at the G20 in Buenos Aires on Saturday. But it may have opened a path towards a drastic realignment. Way beyond the histrionics surrounding the “family pic” – and whose nods and winks
Rhetorical war has far-reaching consequences, including a potential economic slump via the disruption of global oil supplies
The key take away from the BRICS summit in Johannesburg is that Brazil, Russia, India, China and South Africa – important Global South players – strongly condemn unilateralism and protectionism. The Johannesburg Declaration is unmistakable: “We recognize that the multilateral trading system is facing unprecedented
Key economic forums in cities across Eurasia point the way to new power structures rising to challenge Western dominance.
Ahead of the crucial Shanghai Cooperation Organization (SCO) summit in Qingdao this coming weekend, three other recent events have offered clues on how the new world order is coming about. The Astana Economic Forum in Kazakhstan centered
Maduro hinted further that the South American country would look to using the Chinese yuan instead, among other currencies.
Did the doomsday clock on the petrodollar (and implicitly US hegemony) just tick one more minute closer to midnight? Apparently confirming what President Maduro had warned following the recent US sanctions,
While the US Dollar remains the most popular global trading and reserve currency, this is rapidly changing. A BRICS backed cryptocurrency may be both the proverbial ‘Dollar buster’ as well as a ‘sanctions buster’.
The Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has stated that the BRICS may opt to create their own cryptocurrency for the purposes of global commerce. A cryptocurrency is a digitally based means of exchange wherein the value of said currency is not determined by a central-bank. Most cryptocurrencies can
The Global South is growing unintelligible from the European South amid harsh austerity measures and other maneuverings that suit the rich and powerful at the expense of the poor and working class.
BRASILIA, Brazil --- Harsh austerity. A 20-year public spending freeze. A non-elected government. A coup backed by the United States and corporate world. This is the new reality that Brazil has faced following the impeachment and ouster of the democratically-elected Dilma Rousseff in August of 2016 on charges of corruption and her replacement
