Topic

BRICS

A collection of 5 issues

BRICS Currency 2025: How It Could Redefine the Global Dominance of the USD

Opinion In 2025, the global financial system may face one of its most significant disruptions yet: the launch of a new BRICS currency. Spearheaded by Brazil, Russia, India, China, and South Africa, this initiative aims to challenge the long-standing hegemony of the U.S. dollar (USD) in global trade and

Local Currency Financing: The New Development Bank’s Quiet Revolution

This editorial focuses on the niche yet transformative strategy of local currency financing, highlighting its impact on development, financial sovereignty, and the global economic order. It emphasizes the NDB’s role in pioneering this model and its broader implications for emerging markets.

The New Development Bank: Rebalancing Global Financial Power

This editorial focuses on the NDB’s geopolitical significance and its role in fostering a multipolar financial world. It examines the bank as both a response to Western dominance and a symbol of the Global South’s aspirations, highlighting its potential to reshape international financial governance.

The New Development Bank: A Geopolitical Pivot in Global Finance

This analysis highlights the NDB's broader geopolitical relevance, emphasizing its role as both a financial institution and a symbol of shifting global power dynamics. It connects the bank's operational priorities to its impact on international relations and the future of multilateral cooperation.

The Expanding Influence of BRICS: Toward a Multipolar World Order

BRICS has evolved into a geopolitical counterweight to Western-dominated institutions. Its members now collectively represent 45% of the global population, nearly 30% of the world’s landmass, and command a combined GDP (PPP) of $65 trillion, underscoring its global significance.