BRICS

The BRICS – Brazil, Russia, India, China, and South Africa – is expected to increase their share of the global economy to nearly 35% by 2028, Bloomberg reported on Monday. By Countercurrents Collective According to Bloomberg’s calculations based on the…

Who would have expected that the BRICS nations could rise as the potential rival of the G7 countries, the World Bank and the IMF combined? But that once seemingly distant possibility now has real prospects which could change the political…

In late February 2023, U.S. President Joe Biden announced that the United States had placed the nomination of Ajay Banga to be the next head of the World Bank, established in 1944. There will be no other official candidates for this job…

” Neither the euro nor the dollar is backed by anything, and our countries can do what the Bretton Woods system destroyed,” the deputy speaker of the Russian State Duma said. The BRICS group of Brazil, Russia, India, China and…

The Communist Party of China (CPC) held its 20th National Congress from October 16 to October 22, 2022. Every five years, the delegates of the CPC’s 96 million members meet to elect its top leaders and to set the future…

What Westerners call the West or Western civilization is a geopolitical space that emerged in the 16th century and expanded continuously until the 20th century. On the eve of World War I, about 90 percent of the globe was Western…

While the political balance between progressive and reactionary states south of the Rio Grande continues to tip to the left, even the corporate press pronounced Biden’s June Summit of the Americas meeting in Los Angeles a flop. Most recently, Colombia…

What is BRICS Plus and what is the purpose of this new mechanism? On 19 May, China’s State Councillor and Foreign Minister Wang Yi chaired a videoconference dialogue between foreign ministers of BRICS countries and their counterparts from emerging economies…

South Africa and other countries that have abstained from voting against Russia at the United Nations General Assembly in response to the war in Ukraine face intense international criticism. In South Africa, the domestic criticism has been extraordinarily shrill, and…

The BRICS (Brazil, Russia, India, China and South Africa), an association of five emerging economies, made one huge step forward, perhaps driven by the Covid-19 pandemic that spread across the world, to launch finally the BRICS Vaccine R&D Center on…