The new BRICS bank could rival the IMF or fall flat on its face. Either way, it’s a sign of shifting global power and influence.
A New Global Development Bank in Town
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BRICS
Why 2014 Wasn’t So Terrible
Three reasons to be (a little) cheerful about the state of the world last year.
The Dance of Superpowers
Can China and the United States pivot without crashing into each other?
Move Over, NATO and IMF: Eurasia Is Coming
A thousand poles are blooming as new international blocs like the Shanghai Cooperation Organization and the BRICS Development Bank emerge to challenge Western economic and military hegemony.
The Cold War Never Ended
Vladimir Putin is not reviving the Cold War. Rather, the U.S. failed to end it when it had the chance.
The BRICS: Challengers to the Global Status Quo
Can the BRICS wrest control of the global economy from the United States and Europe, or will their internal contradictions tear them apart?
Will Sanctions Sideline the U.S. Dollar?
The recent round of sanctions aimed at Moscow could backfire on Washington by accelerating a move away from the dollar as the world’s reserve currency.
The Philippines and Mexico: Emerging Markets? Think Again.
Searching for growth opportunities in a world still beset by financial crisis, multinational corporations and globalists are hyping all kinds of “emerging markets.”
A New World Order?
Where exactly is power located on this planet of ours right now?
The New Nicaragua Canal: China Barges In
A proposed canal in Nicaragua, built by China, is a tangible signal that the United States can’t set the terms of the world economy forever.