Archives BRICS - Page 28 of 29 - New Eastern Outlook
A Peek Into the Gaping Black Hole of U.S. Policy Under Biden
Slowly, surely, almost systematically, the United States and its allies edge into a geostrategic sinkhole from which there can be no return. The spotlight for most observers is on the Ukraine situation, but natural signs of the decline of the Western hegemony lie elsewhere. In the most recent news, Russia’s Defense Minister, Sergei Shoigu, Shanghai Cooperation Organization met his counterpart Rajnath Singh Shanghai Cooperation Organization. According to Shoigu, the U.S. and the rest of the Western allies aim to strategically defeat Russia and become a threat to China to maintain a decades-old…
A new world order is emerging
The special military operation in Ukraine has served as a watershed moment in the evolution of new international relations. The West, led by the United States, was able to rally behind the imposition of unprecedentedly broad sanctions against Russia. At the same time, our adversaries applied immense strain on emerging economies, coercing them to align with their efforts against Russia. However, the global power balance has shifted. The countries of the so-called “Global South” wish to live and act freely and autonomously, defending their own interests. Washington’s diktat is becoming increasingly bothersome, which is not surprising given that emerging countries want to establish their lives according to their own norms, with no outside guidance…
The Impending Economic Collapse - A Cause of Current Conflict
Brazil’s Luiz Inacio Lula da Silva has called on BRICS nations to create an alternative to replace the dollar in foreign trade. Other experts suggest President Joe Biden’s policies will destroy America’s middle class for good. The news comes when China and Russia strengthen ties with Brazil and Latin America. Brazil’s leader questioned the institution of the U.S. dollar as the world’s trade currency in the first place and asked why each country could not trade in its currency. This brings to the forefront the historical moment when the gold standard was abolished in favor of the current system. When President Richard Nixon moved to abolish the gold standard…
