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MUGABE: WHY TAKING UP ARMS WAS RIGHT
As Zimbabweans go to the polls to chose a new leader, let’s remember the country’s most famous: Robert Mugabe, who led Zimbabwe first as prime minster and then as president. Before that, though, he was an armed revolutionary in what was then colonial Rhodesia.
But he wasn’t always a fighter. He was a teacher who believed in peaceful and constitutional means to achieve independence for his country. Yet he felt compelled to take up arms when he realised that the White-minority regime of Rhodesia was unwilling to grant equal rights and freedom to the indigenous people of the land.
In this clip - taken from a news report right after his 1980 election win - Mugabe explains why he decided to join the liberation movement and lead a guerrilla war against the Rhodesian government.
Do you agree with his course of action?
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As Zimbabweans go to the polls to chose a new leader, let’s remember the country’s most famous: Robert Mugabe, who led Zimbabwe first as prime minster and then as president. Before that, though, he was an armed revolutionary in what was then colonial Rhodesia.
But he wasn’t always a fighter. He was a teacher who believed in peaceful and constitutional means to achieve independence for his country. Yet he felt compelled to take up arms when he realised that the White-minority regime of Rhodesia was unwilling to grant equal rights and freedom to the indigenous people of the land.
In this clip - taken from a news report right after his 1980 election win - Mugabe explains why he decided to join the liberation movement and lead a guerrilla war against the Rhodesian government.
Do you agree with his course of action?
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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AU SUSPENDS NIGER
Niger’s been suspended from the African Union over the coup.
The AU also called on military leaders in Niamey to unconditionally return to their barracks and prioritise “the supreme interests of Niger and its people above all else.”
On top of that, the AU’s backed the hardline stance of ECOWAS and threat of military action to reinstate ousted President Bazoum.
All this while thousands of Nigeriens have come out in support of last month’s power grab, and Niger’s military leaders promised a return to civilian rule within three years.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Niger’s been suspended from the African Union over the coup.
The AU also called on military leaders in Niamey to unconditionally return to their barracks and prioritise “the supreme interests of Niger and its people above all else.”
On top of that, the AU’s backed the hardline stance of ECOWAS and threat of military action to reinstate ousted President Bazoum.
All this while thousands of Nigeriens have come out in support of last month’s power grab, and Niger’s military leaders promised a return to civilian rule within three years.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued - AU SUSPENDS NIGER
The AU’s move increases the risk of a bloodbath in Niger and raises questions about whose interests the organisation is serving.
We shouldn’t forget it gets 80 per cent of its funding from donors. What's more, while it's turfed out Niger, it's admitted Israel as an observer. This is a country that practices apartheid against Palestinians and sterilised Ethiopian women without their consent.
Is the AU really acting in Africa’s interests?
Maybe it’s a case of ‘He who pays the piper calls the tune.’
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
The AU’s move increases the risk of a bloodbath in Niger and raises questions about whose interests the organisation is serving.
We shouldn’t forget it gets 80 per cent of its funding from donors. What's more, while it's turfed out Niger, it's admitted Israel as an observer. This is a country that practices apartheid against Palestinians and sterilised Ethiopian women without their consent.
Is the AU really acting in Africa’s interests?
Maybe it’s a case of ‘He who pays the piper calls the tune.’
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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HAITIANS REJECT KENYAN-LED POLICE FORCE
Haitians are protesting against the possible deployment of a US-backed multinational security force. This follows the arrival of a Kenyan police delegation to Haiti in Port-au-Prince. The East African nation has committed to lead the force, and will deploy a contingent of 1,000 officers to help train Haitian police and assist in restoring order. The US has promised to back Kenya's deployment, and the move is seen by many Haitians as a ploy to perpetuate Western domination of their troubled country. The prospect reopens old wounds of occupation by outside forces, which the nation has had to fight so hard to expel over its history.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Haitians are protesting against the possible deployment of a US-backed multinational security force. This follows the arrival of a Kenyan police delegation to Haiti in Port-au-Prince. The East African nation has committed to lead the force, and will deploy a contingent of 1,000 officers to help train Haitian police and assist in restoring order. The US has promised to back Kenya's deployment, and the move is seen by many Haitians as a ploy to perpetuate Western domination of their troubled country. The prospect reopens old wounds of occupation by outside forces, which the nation has had to fight so hard to expel over its history.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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XI: BRICS OPEN TO EXPANSION
BRICS is open to new members! Little wonder there are now between 20-40 nations looking to join the bloc. China's President Xi has called for greater representation of the Global South in global governance. Western media, such as Bloomberg, previously stated Brazil and India were against BRICS expansion, for fear of their influence waning. In recent weeks, both have publicly denied the claims, pouring cold water on possible Western wishful thinking.
Meanwhile those queuing up to join include Algeria, Egypt and Nigeria and Middle Eastern energy producers Iran and Saudi Arabia. There are increasing calls for BRICS members to use a common currency for trade to lessen dependence on the US dollar.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
BRICS is open to new members! Little wonder there are now between 20-40 nations looking to join the bloc. China's President Xi has called for greater representation of the Global South in global governance. Western media, such as Bloomberg, previously stated Brazil and India were against BRICS expansion, for fear of their influence waning. In recent weeks, both have publicly denied the claims, pouring cold water on possible Western wishful thinking.
Meanwhile those queuing up to join include Algeria, Egypt and Nigeria and Middle Eastern energy producers Iran and Saudi Arabia. There are increasing calls for BRICS members to use a common currency for trade to lessen dependence on the US dollar.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued - XI: BRICS OPEN TO EXPANSION
Members China and South Africa also want the Global South to have more influence on the world stage. And BRICS seems to have a solid foundation on which to do that. Brazil and Russia are resource rich, while there's a strong industrial base through China and South Africa. Listen to what their leaders have been saying at the summit.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Members China and South Africa also want the Global South to have more influence on the world stage. And BRICS seems to have a solid foundation on which to do that. Brazil and Russia are resource rich, while there's a strong industrial base through China and South Africa. Listen to what their leaders have been saying at the summit.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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BREAKING NEWS! NEW BRICS MEMBERS CONFIRMED
Breaking News! Six new BRICS members have been confirmed: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.
They will become full-fledged members of the economic bloc starting January 2024. With the new additions, BRICS countries will comprise 46% of the world's population and account for 37% of global GDP (based on purchasing power parity).
Africa gets two new members: Egypt and Ethiopia. This will increase Africa's representation in global affairs as the new, multipolar order gains momentum.
Iran and Saudi Arabia's inclusion is a major economic and diplomatic coup for BRICS, thanks to their huge stakes in the oil-export market.
The new additions are another blow to Western dominance, acting as a strong counterweight to imperialist machinations in the Middle East and Global South more generally.
Let us know what you think of this big announcement in the comments below.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Breaking News! Six new BRICS members have been confirmed: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.
They will become full-fledged members of the economic bloc starting January 2024. With the new additions, BRICS countries will comprise 46% of the world's population and account for 37% of global GDP (based on purchasing power parity).
Africa gets two new members: Egypt and Ethiopia. This will increase Africa's representation in global affairs as the new, multipolar order gains momentum.
Iran and Saudi Arabia's inclusion is a major economic and diplomatic coup for BRICS, thanks to their huge stakes in the oil-export market.
The new additions are another blow to Western dominance, acting as a strong counterweight to imperialist machinations in the Middle East and Global South more generally.
Let us know what you think of this big announcement in the comments below.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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PUTIN | BRICS: DE DOLLARIZATION IN PROGRESS
The de-dollarisation train has left the station, and is going full-steam ahead. That was Vladimir Putin’s message, via video link, to the BRICS business forum taking place in Joburg, South Africa. The Russian president - who’s wanted by The Hague - is attending virtually, after Western pressure to have him arrested put the host nation in an awkward spot.
BRICS is fast creating an alternative to the Western-led global economic order. The five member nations have already surpassed the G7 in GDP (PPP). The widely felt need for alternatives to the dollar reflects US abuse of the global reserve currency. Thirty-nine countries are under US sanctions, and thus have limited use for the dollar. Africa is the most sanctioned continent.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
The de-dollarisation train has left the station, and is going full-steam ahead. That was Vladimir Putin’s message, via video link, to the BRICS business forum taking place in Joburg, South Africa. The Russian president - who’s wanted by The Hague - is attending virtually, after Western pressure to have him arrested put the host nation in an awkward spot.
BRICS is fast creating an alternative to the Western-led global economic order. The five member nations have already surpassed the G7 in GDP (PPP). The widely felt need for alternatives to the dollar reflects US abuse of the global reserve currency. Thirty-nine countries are under US sanctions, and thus have limited use for the dollar. Africa is the most sanctioned continent.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued - PUTIN | BRICS: DE DOLLARIZATION IN PROGRESS
US macroeconomic policies don’t inspire trust either. By jacking up interest rates, dollar debtors have to pay more for debt-servicing, leaving little for public spending and social programmes. In this way, the Global South subsidises the US at the expense of the most vulnerable. Trends indicate a shift: in one year, the dollar’s share of global currency reserves dropped by 8% - from 55% in 2021 to 47% in 2022. That’s a decline that’s ten times faster than in the preceding two decades.
Moving away from the dollar thus makes business sense. Most of the applicants to the BRICS club are resource rich, which lends credibility to speculation the bloc is moving to a gold/commodity-backed currency. With this season’s summit having a special focus on Africa, the opportunities are there for the taking. Will Africa’s ruling class seize them?
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
US macroeconomic policies don’t inspire trust either. By jacking up interest rates, dollar debtors have to pay more for debt-servicing, leaving little for public spending and social programmes. In this way, the Global South subsidises the US at the expense of the most vulnerable. Trends indicate a shift: in one year, the dollar’s share of global currency reserves dropped by 8% - from 55% in 2021 to 47% in 2022. That’s a decline that’s ten times faster than in the preceding two decades.
Moving away from the dollar thus makes business sense. Most of the applicants to the BRICS club are resource rich, which lends credibility to speculation the bloc is moving to a gold/commodity-backed currency. With this season’s summit having a special focus on Africa, the opportunities are there for the taking. Will Africa’s ruling class seize them?
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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BRICS overtake G7
One reason there’s a bullish mood at the BRICS summit currently underway in Johannesburg is that the latest IMF data suggest that, collectively, member states (Brazil, Russia, India, China, South Africa) have more economic clout than the G7 nations (US, Canada, UK, France, Italy, Germany, Japan).
The BRICS bloc has a combined share of global GDP (as based on Purchasing Power Parity - PPP) of 31.5%. For the G7, that figure is 30.7%. And the IMF forecast suggests the gap will only widen in the coming years. With more countries lining up to join BRICS, the group of ‘emerging economies’ is expected to contribute over 50% of global GDP by 2030.
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One reason there’s a bullish mood at the BRICS summit currently underway in Johannesburg is that the latest IMF data suggest that, collectively, member states (Brazil, Russia, India, China, South Africa) have more economic clout than the G7 nations (US, Canada, UK, France, Italy, Germany, Japan).
The BRICS bloc has a combined share of global GDP (as based on Purchasing Power Parity - PPP) of 31.5%. For the G7, that figure is 30.7%. And the IMF forecast suggests the gap will only widen in the coming years. With more countries lining up to join BRICS, the group of ‘emerging economies’ is expected to contribute over 50% of global GDP by 2030.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued - BRICS overtake G7
The BRICS bloc has a combined share of global GDP (as based on Purchasing Power Parity - PPP) of 31.5%. For the G7, that figure is 30.7%. And the IMF forecast suggests the gap will only widen in the coming years. With more countries lining up to join BRICS, the group of ‘emerging economies’ is expected to contribute over 50% of global GDP by 2030.
This growth represents a real shakeup of the existing global order, with BRICS members now wielding more power to influence changes in institutions such as the United Nations. Discussions at this year’s BRICS Summit in South Africa are centered on mechanisms for steering emerging economies, and with them the global economic order, away from a unilateral global base, led by the United States, to a multipolar one, led by the major BRICS economies.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
The BRICS bloc has a combined share of global GDP (as based on Purchasing Power Parity - PPP) of 31.5%. For the G7, that figure is 30.7%. And the IMF forecast suggests the gap will only widen in the coming years. With more countries lining up to join BRICS, the group of ‘emerging economies’ is expected to contribute over 50% of global GDP by 2030.
This growth represents a real shakeup of the existing global order, with BRICS members now wielding more power to influence changes in institutions such as the United Nations. Discussions at this year’s BRICS Summit in South Africa are centered on mechanisms for steering emerging economies, and with them the global economic order, away from a unilateral global base, led by the United States, to a multipolar one, led by the major BRICS economies.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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WHO ASKED SARKOZY ABOUT SAHEL?
France’s former president Nicolas Sarkozy has had a lot to say about recent goings-on in Niger and the wider Sahel, as well as Libya. So here’s a little reminder of what part he played in creating the present day instability in the region - and why he’s perhaps that last person anyone should listen to.
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France’s former president Nicolas Sarkozy has had a lot to say about recent goings-on in Niger and the wider Sahel, as well as Libya. So here’s a little reminder of what part he played in creating the present day instability in the region - and why he’s perhaps that last person anyone should listen to.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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‘WE STRIVE TO BE RESPECTED’
Roland Lumumba is the son of African nationalist and DRC’s late first Prime Minister Patrice Lumumba. He continues to promote his father’s beliefs in Pan-Africanism through a foundation named after him.
Here he explains how international relations with the West are still scarred by colonial and neo-colonial policies.
However, he says there are nations, such as Russia, that try to conduct business on equal terms. Before the Ukraine war, Africa's annual trade with Moscow had grown to $20 BN annually. He gave this interview at last month’s Russia-Africa summit in Saint Petersburg.
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Roland Lumumba is the son of African nationalist and DRC’s late first Prime Minister Patrice Lumumba. He continues to promote his father’s beliefs in Pan-Africanism through a foundation named after him.
Here he explains how international relations with the West are still scarred by colonial and neo-colonial policies.
However, he says there are nations, such as Russia, that try to conduct business on equal terms. Before the Ukraine war, Africa's annual trade with Moscow had grown to $20 BN annually. He gave this interview at last month’s Russia-Africa summit in Saint Petersburg.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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BRICS ADMITS SIX
Watch the moment BRICS announces the doubling of its ranks. After months of speculation the five-nation club says six more countries will join at the start of next year. Ethiopia and Egypt will become full members along with Argentina, Iran, Saudi Arabia and the United Arab Emirates.
It lays to rest rumours of BRICS infighting over expansion, with allegations Brazil and India were against. The enlargement also considerably strengthens the bloc’s economic punch. Egypt’s GDP is $470 billion, Ethiopia’s is $100 billion and both have populations over 100 million.
Plugged into the opportunities for development BRICS brings, it’s easy to see much wider room for growth.
Then there’s the addition of oil and gas heavyweights Saudi Arabia, Iran, and UAE. This could undermine the petrodollar further as BRICS looks to trade using local currencies.
South Africa was the last country to join the bloc in 2011. Fittingly, President Cyril Ramaphosa, announced the expansion at BRICS summit in Johannesburg.
Watch the moment BRICS announces the doubling of its ranks. After months of speculation the five-nation club says six more countries will join at the start of next year. Ethiopia and Egypt will become full members along with Argentina, Iran, Saudi Arabia and the United Arab Emirates.
It lays to rest rumours of BRICS infighting over expansion, with allegations Brazil and India were against. The enlargement also considerably strengthens the bloc’s economic punch. Egypt’s GDP is $470 billion, Ethiopia’s is $100 billion and both have populations over 100 million.
Plugged into the opportunities for development BRICS brings, it’s easy to see much wider room for growth.
Then there’s the addition of oil and gas heavyweights Saudi Arabia, Iran, and UAE. This could undermine the petrodollar further as BRICS looks to trade using local currencies.
South Africa was the last country to join the bloc in 2011. Fittingly, President Cyril Ramaphosa, announced the expansion at BRICS summit in Johannesburg.
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MANDELA'S GRANDSON:
PUTIN IS AFRICA'S FRIEND
Nelson Mandela’s grandson consider’s Putin Africa’s friend. And he didn’t hold back in his praise for the Russian President on the sidelines of the BRICS summit in Johannesburg.
Nkosi Zwelivelile Mandela says Putin supported the continent during “our darkest days of oppression.”
And a quick look at history will help you understand his point.
Moscow stood with multiple independence movements in Africa against colonialism in countries like Angola and Mozambique. Soviet technicians helped build major infrastructure projects, such as the Aswan Dam in Egypt. And a long line of Africans are alumni in Russian institutions such as Moscow’s Patrice Lumumba’s University - named in honour of DRC’s president assassinated by Belgium and the US.
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PUTIN IS AFRICA'S FRIEND
Nelson Mandela’s grandson consider’s Putin Africa’s friend. And he didn’t hold back in his praise for the Russian President on the sidelines of the BRICS summit in Johannesburg.
Nkosi Zwelivelile Mandela says Putin supported the continent during “our darkest days of oppression.”
And a quick look at history will help you understand his point.
Moscow stood with multiple independence movements in Africa against colonialism in countries like Angola and Mozambique. Soviet technicians helped build major infrastructure projects, such as the Aswan Dam in Egypt. And a long line of Africans are alumni in Russian institutions such as Moscow’s Patrice Lumumba’s University - named in honour of DRC’s president assassinated by Belgium and the US.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued - MANDELA'S GRANDSON:
PUTIN IS AFRICA'S FRIEND
Today, Russia is increasingly present. This year a 34,000-ton fertiliser shipment was delivered to Kenya and another 20,000 tons to Malawi. It’s also pledged thousands of tons of grain to African countries.
Elsewhere, Mali has turned to Russia as a security partner to help fight a decade-long insurgency.
Even at the UN, Moscow is one of the few voices calling for greater inclusion of Africa in global governance.
It's also worth noting at the UN Security Council, Russia and China have repeatedly blocked US attempts to green-light a potentially disastrous military intervention in Haiti.
Listen to the interview he gave shortly after Putin delivered his video-link speech to summit.
Is he on the money?
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
PUTIN IS AFRICA'S FRIEND
Today, Russia is increasingly present. This year a 34,000-ton fertiliser shipment was delivered to Kenya and another 20,000 tons to Malawi. It’s also pledged thousands of tons of grain to African countries.
Elsewhere, Mali has turned to Russia as a security partner to help fight a decade-long insurgency.
Even at the UN, Moscow is one of the few voices calling for greater inclusion of Africa in global governance.
It's also worth noting at the UN Security Council, Russia and China have repeatedly blocked US attempts to green-light a potentially disastrous military intervention in Haiti.
Listen to the interview he gave shortly after Putin delivered his video-link speech to summit.
Is he on the money?
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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So far this years over 2,000 migrants have drowned trying to cross the Mediterranean to reach Europe. Tunisia has become the launch pad for many, given its close proximity to Italian islands.
This infographic illustrates the world’s busiest and deadliest migration route.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
This infographic illustrates the world’s busiest and deadliest migration route.
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The BRICS bloc will have a lot more clout in the global economy come January - when six strategically important new nations join.
Nearly every continent will be represented: Africa will have three members (Egypt, Ethiopia and South Africa); Latin America - two (Argentina and Brazil); Asia and the Middle East - five (China, India, Iran, Saudi Arabia and the UAE); and Eurasia - one (Russia).
This yields some pretty impressive stats:
- 70% of the world's oil supply will be controlled by BRICS countries.
- 46% of the world's population will fall within the BRICS bloc.
- 37% of global GDP (based on purchasing power parity) will be contributed by BRICS.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Nearly every continent will be represented: Africa will have three members (Egypt, Ethiopia and South Africa); Latin America - two (Argentina and Brazil); Asia and the Middle East - five (China, India, Iran, Saudi Arabia and the UAE); and Eurasia - one (Russia).
This yields some pretty impressive stats:
- 70% of the world's oil supply will be controlled by BRICS countries.
- 46% of the world's population will fall within the BRICS bloc.
- 37% of global GDP (based on purchasing power parity) will be contributed by BRICS.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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Continued- The BRICS bloc will have a lot more clout in the global economy come January - when six strategically important new nations join.
Bloc expansion will mean greater geopolitical influence. Iran is located at the crossroads of Europe and Central and Southern Asia, while inclusion of the Middle East should enable BRICS to stabilise energy flows and cool tensions. Latin America's biggest countries will consolidate the bloc's presence in the Western hemisphere.
Expansion will mean new investment opportunities, as mutually beneficial trade deals will be struck without interference from an overbearing West.
There’ll be added diplomatic clout - with increased weight at international forums and support for member countries in case of conflicts or interference from outside forces.
Global energy and security imperatives will be less at the mercy of sanctions from the West, especially once a common payments scheme is agreed upon.
Additionally, there are already key strategic projects, such as China's Belt and Road Initiative and the Saudi-Iran rapprochement brokered by Beijing.
As the Western-led financial world sanctions itself into oblivion, the future - as Malcolm X said - “belongs to those who prepare for it today."
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
Bloc expansion will mean greater geopolitical influence. Iran is located at the crossroads of Europe and Central and Southern Asia, while inclusion of the Middle East should enable BRICS to stabilise energy flows and cool tensions. Latin America's biggest countries will consolidate the bloc's presence in the Western hemisphere.
Expansion will mean new investment opportunities, as mutually beneficial trade deals will be struck without interference from an overbearing West.
There’ll be added diplomatic clout - with increased weight at international forums and support for member countries in case of conflicts or interference from outside forces.
Global energy and security imperatives will be less at the mercy of sanctions from the West, especially once a common payments scheme is agreed upon.
Additionally, there are already key strategic projects, such as China's Belt and Road Initiative and the Saudi-Iran rapprochement brokered by Beijing.
As the Western-led financial world sanctions itself into oblivion, the future - as Malcolm X said - “belongs to those who prepare for it today."
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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BRICS: ANTIDOTE TO WESTERN IMPERIAL ORDER?
BRICS has become an increasingly attractive alternative to the US-led economic world order. One of the main reasons for that is Washington’s abuse of that order via its currency. But it goes deeper. The dollar isn’t even backed by gold - journalist John Bosnitch here likens it to toilet paper. Watch him explain how BRICS economies are also more attractive because they produce stuff that people need, whereas the Western ones - if they make anything (rather than merely offer services) - make only arms.
This year’s BRICS summit has just wrapped up in South Africa - with six new members announced (including two African nations). BRICS now manages the lion’s share of global energy trade, with Iran, Saudi Arabia and the UAE now in the club along with Russia. The bloc will likely grow even further soon, as the Western economic system becomes increasingly unviable for the Global South.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
BRICS has become an increasingly attractive alternative to the US-led economic world order. One of the main reasons for that is Washington’s abuse of that order via its currency. But it goes deeper. The dollar isn’t even backed by gold - journalist John Bosnitch here likens it to toilet paper. Watch him explain how BRICS economies are also more attractive because they produce stuff that people need, whereas the Western ones - if they make anything (rather than merely offer services) - make only arms.
This year’s BRICS summit has just wrapped up in South Africa - with six new members announced (including two African nations). BRICS now manages the lion’s share of global energy trade, with Iran, Saudi Arabia and the UAE now in the club along with Russia. The bloc will likely grow even further soon, as the Western economic system becomes increasingly unviable for the Global South.
Hear Us Roar: https://news.1rj.ru/str/AfricanStream
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