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Thursday, April 18, 2024
A BRICS Alternative to the SWIFT Payment System Could Accelerate De-Dollarization
With Russia taking the lead, the BRICS bloc is talking about creating a new payment system that isn’t controlled by the United States and that is not dependent on the dollar
In an era of growing interconnectedness amongst regional and global blocs, economic corridors are gaining momentum as one of the main drivers of such connectivity initiatives
The realisation of grand projects always implies imagination and persistence in overcoming all sorts of barriers and all kinds of resistance. Let us hope that the BRICS will confirm expectations entertained by the Global South and rise to the challenge of providing constructive alternatives for all, writes Brazilian economist Paulo Nogueira Batista
Washington may learn the hard way that being the patron does not automatically entail “obedience” or predictability from one’s protégé: “proxy” conflicts get out of control. By arming and funding other nations (with radicalized leaderships), be it in the Middle East or in Eastern Europe, the US play a very dangerous game.
Orban called on the political leadership in Brussels to resign, pointing out that all of their major projects and policies, such as the so-called "green transition", sustainable development, migration, military and sanctions, etc. failed.
According to the Ukrainian president, US politicians do not care about Ukraine, being American current stance on Ukraine a real “disgrace for democracy”.
Ukrainian men die attempting to flee mobilisation.