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BRICS

BRICS Expands With Nine New Partner Countries

December 25, 2024 Ben Norton, Geopolitical Economy. , , , , , ,
With its nine members and nine partners, BRICS now makes up roughly half of the global population and more than 41% of world GDP (PPP). The group is an economic powerhouse, including top producers of key commodities like oil, gas, grains, meat, and minerals. At the BRICS summit in Kazan, Russia in October 2024, 13 countries were invited to become BRICS partners, meaning they are on the path to full membership in the near future. Nine of these 13 nations accepted the invitation. The remaining four did not give a formal response as of the end of 2024. These were Algeria, Nigeria, Turkey/Türkiye, Vietnam.

ALBA-TCP Summit Approves Declaration Of Principles And Commitments

December 16, 2024 Ana Perdigón, Orinoco Tribune. , , , , ,
The 24th Summit of the Bolivarian Alliance for the Peoples of Our America-People’s Trade Treaty ( ALBA-TCP ) ended with the unanimous approval of the Declaration of Principles and Commitments by the heads of state and government of the regional cooperation bloc. The declaration was agreed upon by the leaders and high-ranking representatives who attended the summit held in Caracas, Venezuela. At the closing ceremony on Saturday, December 14, it was issued under the name “Special Declaration of the 24th ALBA-TCP Summit: Reaffirmation of the Principles, Objectives, Commitments and Banners of Struggle of ALBA-TCP,” 20 years after its founding.

Turkey Takes Aleppo

December 9, 2024 Justin Podur, Orinoco Tribune. , , , , , , , , , , , , , , , ,
Before it fell under 20th century Anglo-American colonialism, Syria was the core of the Levant, encompassing (today’s) Syria, Lebanon, Jordan and Palestine, the site of multireligious, multicultural cities between which people traveled and traded freely. In the countryside, peasants and herders tended an agricultural and pastoral landscape of olive and orange trees, pasture, forest, and drylands. This region was under the control of the Ottoman Empire for hundreds of years (perhaps Erdogan’s dream is to take some of it back. He’s been accused of “neo-Ottoman” fantasies).

US Influence On The Decline As China And BRICS On The Rise

December 5, 2024 Clau O'Brien Moscoso, Black Agenda Report. , , , , ,
In recent weeks, various summits and international conferences took place that set the priorities both regionally and internationally for the next several years. Two in particular in the region of Nuestra América highlighted both the growing influence of China and its Belt and Road Initiative and the US empire’s declining power in its “backyard”. Asia-Pacific Economic Cooperation forum, APEC 2024 , Perú and the Group of 20, G20 summit , in Río de Janeiro, Brazil took place in November and both provided glaring examples on the world stage of the decline of US influence and the rise of BRICS and China as contending power players in the region.

The End Of The US Empire And The Denial Of The US

November 16, 2024 Richard Wolff, Scheer Post. , , , ,
I mean to tell you all that if you ask me to tell you what is the biggest reality we now have to face, it’s the end of the American empire, what we inherited from the British because they had the last Empire before this one is now over, and there is zero chance it’s coming back. It ought to have been a central issue in the presidential election we just had. Instead, the two candidates and their parties worked overtime to practice denial. No such a thing. The war in Ukraine, just to take one of countless examples, will show you how costly this denial is.

Samir Amin On The Theory Of Multipolarity

November 11, 2024 Monthly Review Editors, Orinoco Tribune. , , , , ,
It is almost universally recognized today that we are living in a multipolar world, symbolized by the continuing decline of U.S. hegemony; the economic stagnation of the imperial triad of the United States, Europe, and Japan; and the rise of the BRICS (Brazil, Russia, India, China, and South Africa). But the historical and theoretical significance of this is in dispute. The foremost theorist of multipolarity was Samir Amin, through his concept of “delinking,” which he developed throughout his career. For Amin, the struggle against imperialism required a delinking from the law of value on the world level centered in Washington, London, Paris, Berlin, and Tokyo, and its replacement by a more “polycentric” or “multipolar” world order, in which nations in the periphery of the system could reorient their economies toward their own nation-based value systems, thereby meeting their own internal developmental needs.

The BRICS Summit Should Mark The End Of Neocon Delusions

November 3, 2024 Jeffrey D. Sachs, Common Dreams. , , , ,
The recent BRICS Summit in Kazan, Russia should mark the end of the Neocon delusions encapsulated in the subtitle of Zbigniew Brzezinski’s 1997 book, The Global Chessboard: American Primacy and its Geostrategic Imperatives. Since the 1990s, the goal of American foreign policy has been “primacy,” aka global hegemony. The U.S. methods of choice have been wars, regime change operations, and unilateral coercive measures (economic sanctions). Kazan brought together 35 countries with more than half the world population that reject the U.S. bullying and that are not cowed by U.S. claims of hegemony.

The BRICS Summit In Kazan: A Manifesto For A Rational World Order

October 31, 2024 Alfred De Zayas, Counter Punch. , , , ,
The Kazan Declaration of 23 October 2024, adopted at the 16th BRICS Summit[1] hosted by Russia in the city of Kazan on the Volga river from 22 to 24 October and attended by 36 countries[2], constitutes a pivotal moment for humanity. There is hope in the air, a certain optimism that we can gradually change the paradigm, marshal the world disorder, move away from bloc-mentality, abandon confrontational politics, phase out dependence on the US-dollar, and craft a coherent policy to enhance trade, social and cultural exchange in tandem with the Purposes and Principles of the UN Charter and in the spirit of the UNESCO Constitution

Israel And Its Neighborhood, An Interview With Ambassador Chas Freeman

October 28, 2024 Patrick Lawrence, Scheer Post. , , , , , , , ,
A German newspaper recently published an interview with the Egyptian foreign minister, Sameh Shoukry, who expressed his profound frustration with the Americans as Israel continues its assault in Gaza—and now the West Bank and Lebanon. You can’t work with the Americans, he complained in so many words. They say one thing, they rarely mean it, and typically do something else altogether. It prompts my first question in the context of the enlarging crisis in West Asia, please comment on the diplomatic positions of America’s allies in the region. What, generally, is going through their minds? Why haven’t they reacted more vigorously to the Israeli assault? Are they simply “bought,” in one or another way? Or is there more to it?

Xi Jinping: Global South Countries March Together To Modernisation

October 28, 2024 Friends of Socialist China. , , , , , ,
The summit meeting of the BRICS cooperation mechanism was held, October 22-24, in Kazan, the capital city of the Republic of Tatarstan in the Russian Federation, and was hosted by Russian President Vladimir Putin. Alongside dozens of other events within its framework, the summit of the nine full members of BRICS was held on October 23, under the theme “Strengthening Multilateralism for Equitable Global Development and Security”. This was the first such gathering in which Brazil, Russia, India, China and South Africa were joined by Ethiopia, Egypt, the United Arab Emirates (UAE) and Iran, since the 2023 summit meeting held in South Africa invited the latter four countries to take up full membership in the first wave of BRICS expansion.

BRICS Adds 13 New ‘Partner Countries’ At Historic Summit In Kazan, Russia

October 27, 2024 Ben Norton, Geopolitical Economy. , , , , , , , , , , , , , , , , , , , , , , , , ,
The Global South-led organization BRICS is growing. More and more countries support the group’s mission: to build a multipolar world, with alternative economic institutions that are more representative and democratic, not dominated by the Western powers. BRICS held a summit in Kazan, Russia in October 2024, where 13 new “partner nations” were accepted. At this historic meeting, China’s President Xi Jinping referred to BRICS as “a vanguard for advancing global governance reform” and “reform of the international financial architecture”. Bolivia’s left-wing President Luis Arce argued that “the shield of BRICS and multipolarity” can protect formerly colonized nations, helping them resist “Western unipolarity and the tyranny of the dollar”.

BRICS Grain Exchange Would Depoliticize Global Cereal Market

October 27, 2024 Sputnik, Orinoco Tribune. , , , , ,
Russia proposed creating a BRICS grain exchange that would serve as a new trading platform for the world’s largest producers and consumers of food grains. The measure could help depoliticize global markets and eliminate intermediaries in the form of Western exchanges, according to experts consulted by Sputnik. The dominance of the United States in the world economy did not start with the dollar. After the Second World War, the US became the leading supplier of wheat and corn. As a result, the entire modern infrastructure of the global grain market has been shaped by Washington. Thus, the benchmarks are made by the Chicago Mercantile Exchange (CME), and the US dollar is primarily used as the settlement currency.

16th BRICS Summit Opens In Kazan, Russia

October 24, 2024 Abdul Rahman, People's Dispatch. , , , , , ,
During his speech at the ongoing BRICS summit on Wednesday, October 23, Russian President Vladimir Putin expressed his desire to see the grouping play a greater role in global affairs and in resolving regional and international challenges. Putin asserted that BRICS unites “like minded countries, civilizations, and cultures” and “all member states stand for equality, good neighborly relations, and mutual respect, for high ideals of friendship, global prosperity, and well-being.” The 16th summit of the 10-member grouping is being held in Russia’s fifth largest city of Kazan from October 22 to October 24.

Why Brazil Opposes Venezuela’s Entry Into BRICS

October 24, 2024 Misión Verdad, Orinoco Tribune. , , , , ,
On Monday, it was reported that Brazil would oppose Venezuela’s entry into the BRICS group. The 16th Summit of the BRICS organization is taking place this week in the Russian city of Kazan. President Nicolás Maduro was invited by the Russian president himself, Vladimir Putin, at the beginning of August, and is attending with a Venezuelan delegation. The Brazilian government’s advisor for international affairs, former foreign minister Celso Amorim, announced that Brazil would seek to prevent Venezuela from joining BRICS. The instruction to veto Caracas’s possible accession came from Brazilian President Luiz Inácio Lula da Silva.

Elite US Economist Warns: Dollar System Is Weakening As Gold BRICS Rise

October 23, 2024 Ben Norton, Geopolitical Economy. , , , ,
More and more countries around the world, particularly in the Global South, are seeking alternatives to the US dollar-dominated financial system, as part of an international drive known as de-dollarization. Many Western media outlets and pundits, however, have argued that de-dollarization is overblown. One of such naysayers is New York Times columnist Paul Krugman, a centrist economist who was awarded the so-called “Nobel Prize” in economics (which in reality is issued by Sweden’s conservative central bank). In a 2023 article, Krugman claimed to “debunk” the critics of the dollar system, asserting that “the hype about de-dollarization is much ado about almost nothing”.
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