The hottest BRICS Substack posts right now

And their main takeaways
Category
Top World Politics Topics

We Should All Be Twice as Rich: All of Us, Every Single One

Welcome to Absurdistan • 904 implied HN points • 09 Jul 23
🌍 World Politics BRICS Climate change Economic Growth Marxism
  1. BRICS countries are setting an alternative to the U.S. dollar for world trade
  2. The de-growth agenda promoted by the West is rejected by countries like BRICS who prioritize growth and using resources for their people
  3. Environmental movements pushing for de-growth promote chaos, misery, and crime, leading to societal decline

Can BRICS Topple the US Dollar?

The Informationist • 1139 implied HN points • 16 Apr 23
🌍 World Politics BRICS
  1. BRICS aims to reduce dependence on USD for transactions and reserves
  2. Foreign ownership of US Treasuries is decreasing, impacting the status of USD as global reserve asset
  3. Countries like Iran and Saudi Arabia are interested in joining the BRICS alliance for economic cooperation

BRICS New Development Bank de-dollarizing, adding Argentina, Saudi Arabia, Zimbabwe as members

Geopolitical Economy Report • 797 implied HN points • 09 Jun 23
🌍 World Politics BRICS Currency
  1. The BRICS New Development Bank is de-dollarizing its loans, promoting local currencies, and adding new members like Argentina, Saudi Arabia, and Zimbabwe.
  2. The NDB's goal is to finance infrastructure investments, combat poverty, create jobs, and promote environmentally sustainable development among its members.
  3. The World Bank is controlled by the United States, unlike the NDB, which is a truly multilateral institution without veto power for any single nation.

BRICS bloc is adding members, planning new currency to challenge US dollar

Geopolitical Economy Report • 598 implied HN points • 06 Jun 23
🌍 World Politics Geopolitics International relations Global Economy BRICS
  1. BRICS (Brazil, Russia, India, China, and South Africa) are expanding and gaining economic and political influence globally.
  2. BRICS members are considering creating a new global reserve currency to challenge the dominance of the US dollar.
  3. The BRICS economies collectively represent a significant share of the global economy, with China contributing the highest share.

BRICS Bank de-dollarizing, promises 30% of loans in local currencies, new chief Dilma Rousseff says

Geopolitical Economy Report • 657 implied HN points • 18 Apr 23
🌍 World Politics BRICS De-dollarization Global South Foreign Exchange
  1. The BRICS New Development Bank is moving away from the US dollar and intends to provide 30% of loans in local currencies to member countries.
  2. The initiative to de-dollarize loans is seen as a step towards helping member countries avoid exchange rate risks and finance shortages that can hinder long-term investments.
  3. There is a push within BRICS, led by figures like Dilma Rousseff and Lula da Silva, to challenge US dollar dominance in global financial transactions and promote fairer systems of monetary exchange.
Get a weekly roundup of the best Substack posts, by hacker news affinity:

US invites authoritarian far-right regimes to 'Summit for Democracy'

Geopolitical Economy Report • 518 implied HN points • 03 Apr 23
🌍 World Politics Authoritarianism Democracy Geopolitical BRICS
  1. The US organized a 'Summit for Democracy' where several far-right, anti-democratic regimes were invited, including leaders from Israel, Poland, India, and Pakistan.
  2. Western media outlets have acknowledged the authoritarian nature of regimes like Netanyahu's in Israel, Duda's in Poland, and Modi's in India, despite their participation in the summit.
  3. The summit aimed to create a bloc against China and Russia, pressuring nations to sign statements denouncing these countries, revealing the US strategy to advance its geopolitical interests.

BRICS challenges US 'dollar dominance', Saudi considers selling oil in other currencies: New multipolar economic order

Geopolitical Economy Report • 578 implied HN points • 21 Jan 23
🌍 World Politics BRICS Oil trade
  1. BRICS is working to challenge the dominance of the US dollar by creating a fairer system of monetary exchange.
  2. Saudi Arabia is considering selling its oil in currencies other than the US dollar, indicating a shift away from the petrodollar system.
  3. Prominent economist Zoltan Pozsar highlights the emergence of a new multipolar economic order that challenges the exorbitant privilege of the US dollar as the international reserve currency.

Is multi-aligned, non-aligned by another name?

The Global Jigsaw • 98 implied HN points • 12 Sep 23
🌍 World Politics Geopolitics Global South BRICS Diplomacy International relations
  1. The Global South is asserting autonomy in geopolitical relationships beyond traditional Western alliances.
  2. BRICS+ countries, with economic and demographic strength, are challenging the influence of the G7 nations.
  3. India's adept multi-alignment approach is positioning it favorably amidst global power dynamics.

The Global South, BRICS, and the G20

Comment is Freed • 82 implied HN points • 13 Aug 23
🌍 World Politics Global South BRICS Russia
  1. The 'Global South' is not a homogenous group and has its distinct dynamics and interests.
  2. BRICS countries like Brazil, Russia, India, China, and South Africa share economic significance and political viewpoints, such as advocating for multipolarity and de-dollarisation.
  3. Diplomatic peace initiatives by countries like Brazil, African nations, Saudi Arabia, and others demonstrate a shifting international landscape in response to the Russo-Ukraine War.

BRICS Meeting, China- and Russia-Friendly Peace Activists, Bootleg “Barbie,” Aesopian Language, Prigozhin

Natto Thoughts • 39 implied HN points • 25 Aug 23
🌍 World Politics BRICS Russia China Ukraine Censorship
  1. The BRICS Summit is significant for China, showcasing their strong interest in expanding cooperation with other countries.
  2. American peace activists have differing views on the Russia-Ukraine conflict, highlighting divisions within the peace advocacy community.
  3. Russians are finding creative ways to access content like pirated Barbie movies amidst government bans, showing a desire for diverse narratives.

On Imperialism

Nathan’s Substack • 19 implied HN points • 06 Sep 23
🌍 World Politics Imperialism BRICS Foreign Policy Allies Global Economy
  1. Empires often make enemies without realizing it, despite thinking they have many friends.
  2. Economic sanctions by one country can lead to unexpected consequences, pushing other nations to protect or distance themselves from the imposing nation's financial systems.
  3. Nations should be cautious in imposing their values on others, as historical empires have unintentionally faced negative outcomes by doing so.