Martin Guzman explains the role of power in sovereign debt crises and restructurings.
Africa
The more successful BRICS becomes the weaker Western hegemony over the South will grow. Though some Western politicians and media insist on downplaying BRICS’ role in shaping the new world order, the change seems to be real and irreversible.
The post The Rise of the Global South: Can BRICS Triumph Over the IMF and World Bank? appeared first on MintPress News.
By Walt Zlotow / Antiwar.com When President Biden announced sanctions against Russia over their February, 2022 invasion of Ukraine, he called it a battle of democracy over tyranny. He expected Africa to rally to the US lead. Unsurprisingly, not one of Africa’s 54 countries as joined US sanctions against Russia. Many are neutral; some even […]
The post Africa ‘All Out,’ 54-0, Against Joining Biden’s Proxy War on Russia appeared first on scheerpost.com.
The US wants African minerals for its goal of becoming the world’s cleantech superpower, but it cannot compete with Beijing economically on the continent.
The US trying even harder to tout the virtues of its ideas of democracy is not winning friends or influencing people.
By Vijay Prashad / Tricontinental: Institute for Social Research What constitutes a crisis worthy of global attention? When a regional bank in the United States falls victim to the inversion of the yield curve (i.e., when short-term bond interest rates become higher than long-term rates), the Earth nearly stops spinning. The collapse of Silicon Valley Bank (SVB) […]
The post You Strike the Women, You Strike the Rock, You Will Be Crushed appeared first on scheerpost.com.
As higher interest rates and inflation hit developing countries, the IMF is trying to use bailout terms to sideline Beijing.
"Fool me once, shame on thee. Fool me twice, shame on me." The Global Soutn has wised up in the wake of the war in Iraq.
The EU and US are trying to replace Russian gas and push China out of the resource-rich African nation.
How climate change reveals a crisis of international governance.