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Think BRICS
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Explore #BRICS & the Global South with us. Unravel global economics, tech & societal changes. In-depth videos & unique insights into emerging economies. Subscribe for comprehensive analyses.

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Massive fire breaks out at Jannat Abad Market in western Tehran

Thankfully, no injuries or casualties have been reported so far. The cause is still under investigation.
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🚨 Brazil Makes Bold Move Away From the Dollar

Brazil's Central Bank just divested $61 billion in US Treasury securities and is piling into gold instead. This strategic shift is part of the broader BRICS de-dollarization push, signaling growing concerns about US economic stability.

💰 Gold prices recently hit all-time highs fueled by massive BRICS buying power, showing the bloc's commitment to diversifying away from dollar dependence. The move represents one of the largest reserve repositioning strategies in recent memory and could signal a new chapter in global finance.

Is this the beginning of the end for dollar dominance, or just smart hedging by emerging powers?

#BRICS #DeDollarization #GoldReserves #GlobalSouth
Source: Binance
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🌍 The Global Economic Shift Is Accelerating, And the West Isn't Leading It

BRICS just expanded to 10 nations and now accounts for 12.5% of India's textile exports, with trade surging 21.4% to ₹36,535 crore.

💰 Nine ASEAN countries are already positioning to adopt a BRICS currency before it even launches, while India's central bank is pushing to link BRICS digital currencies at the 2026 summit. Local-currency trade between China and Russia has already cut transaction costs by 2-3% and reduced price volatility by 25%. The New Development Bank is offering liquidity without IMF-style conditions, giving emerging economies true financial sovereignty.

Is this the beginning of the end for dollar dominance, or just wishful thinking from the Global South?

#BRICS #Dedollarization #GlobalSouth #EmergingMarkets
Source: Textile Excellence
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Some days you save a life on the way home

A dramatic rescue unfolded on a bridge in Zhejiang, China, when a driver stopped his car and rushed to help a woman standing at the fence and preparing to jump
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🌍 BRICS Nations Lead "Just Energy Transition" at Historic Climate Summit in Iran

While Western nations push rapid decarbonization that threatens economies, BRICS countries are charting a different path. City leaders from all 11 member states are meeting in Iran to advance climate action that protects people AND the planet—committing to net-zero emissions by 2050-2070 without sacrificing national development.

🌱 Their approach prioritizes carbon regulation, renewable energy, and joint climate projects, while respecting each nation's right to choose its own pathway to sustainability. Iran is even proposing an international festival to showcase rural development success stories across BRICS.

Should climate action prioritize people's livelihoods over aggressive corporate timelines, or are we moving too slowly?

#BRICS #ClimateJustice #GlobalSouth #EnergyTransition
Source: Pars Today
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🛑 Pope Calls for US-Cuba Dialogue as Trump Oil Embargo Threatens Humanitarian Crisis

Pope Leo XIV has urged the United States and Cuba to pursue "sincere and effective dialogue" after President Trump signed an executive order declaring Cuba a national security threat and imposing tariffs on countries selling oil to the island.

📍 The move follows Washington's military intervention in Venezuela and the detention of President Maduro, which already cut Cuban oil supplies. Cuba's Catholic bishops warn the island "needs change, but not more anguish or pain," as the embargo threatens to deepen suffering for ordinary Cubans already facing severe economic crisis.

#Cuba #USForeignPolicy #LatinAmerica #Sanctions
Source: El País
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Dump your used dishes in the bin, slide in a scanner device, and it instantly counts everything via RFID to spit out your bill. 20 plates? No problem, all tallied in seconds. Efficiency level: 🇨🇳🍲
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💰 Argentina just made an $800M payment to the IMF—with US backing—on a staggering $57 billion debt that represents HALF of everything the IMF has lent globally.

🔄 Since 1958, Argentina has needed 23 IMF bailouts and defaulted 9 times. No major economy has been trapped in this cycle of dependency for so long. The pattern raises serious questions about whether these "rescue packages" actually rescue anyone—or just deepen the debt spiral.

Is the IMF-led financial system designed to help developing economies stand on their own, or to keep them permanently dependent?

#IMF #Argentina #GlobalSouth #DebtCrisis
Source: Buenos Aires Herald
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The Southern Axis: India, Brazil, and the Dawn of a Technologically Sovereign Global South
▶️ https://thinkbrics.substack.com/p/the-southern-axis-india-brazil-and

🌏 The Southern Axis is gaining serious momentum. India and Brazil are forging a powerful partnership in 2026 that could reshape Global South cooperation—featuring a groundbreaking AI Impact Summit and the Adani-Embraer aerospace deal.

✈️ This isn't just about trade deals; it's about two BRICS giants building strategic autonomy in cutting-edge technology and aerospace manufacturing. While Western nations focus inward, India and Brazil are crafting their own path to innovation and industrial power.

🔥 Is the India-Brazil axis the blueprint for how the Global South should approach tech sovereignty and strategic partnerships—or are we witnessing another symbolic handshake that won't deliver real transformation?

#BRICS #GlobalSouth #IndiaBrazil #GeopoliticalShift
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AI sprinklers that detect heat and stop fires before they spread.

Can you guess where they are being tested?

It is China, of course
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📰 BREAKING NEWS: 🇨🇳 China Challenges U.S. Dollar Dominance in Global Markets

China has intensified its efforts to reduce reliance on the U.S. dollar in international trade and finance, according to CNN. Chinese officials are promoting the yuan as an alternative currency for cross-border transactions, particularly in trade with Asia, Africa, and Latin America. Analysts note that this move aims to increase China’s influence in the global economy while providing more flexibility in international payments. The initiative includes encouraging other countries to settle trade deals in yuan and expanding the use of Chinese digital currency. Economists warn that while the U.S. dollar remains dominant, China’s efforts could reshape currency dynamics over time.

Key Points:
💹 China promotes yuan for international trade
Reduces reliance on U.S. dollar globally
🌍 Expands use of Chinese digital currency for cross-border payments

#Newstoday #usanews #brics #China #USD #GlobalEconomy #Currency

Source: 3 Feb 2026...
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🆕 LATEST: 🇺🇸 Most Americans Oppose Military Intervention in Iran, But Many Think It Could Happen Soon

A recent Economist/YouGov poll conducted January 30–February 2, 2026 finds that more Americans oppose than support U.S. military intervention in Iran across several possible scenarios. Americans are more likely to oppose vs support the U.S. taking military action in Iran by 48% to 28%, oppose using force to overthrow Iranian leader Ayatollah Ali Khamenei by 42% to 33%, and oppose bombing Iran in response to its treatment of protesters by 52% to 25%. However, 52% of Americans believe military action in Iran is likely within the next month, even though just 31% think protests could successfully overthrow the government, with 51% unsure about their success.

Key Points:
📊 48% oppose U.S. military action in Iran vs 28% support it
🔹 42% oppose using force to remove Iran’s leader vs 33% support
🛑 52% oppose bombing in response to Iranian protest crackdown
⚠️ 52% think U.S. military intervention is likely ...
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📰 BREAKING NEWS: 🇺🇸🇷🇺 US-Russia Nuclear Treaty Officially Expires
On February 3, 2026, the New START (DSNV) treaty—the final major nuclear arms limitation agreement between the United States and Russia—officially expired.

The treaty, which limited deployed strategic nuclear warheads and delivery systems, has been a cornerstone of nuclear arms control since its signing. With its expiration, analysts warn that nuclear transparency and verification measures could weaken, raising concerns about a potential escalation in strategic competition between the two superpowers. Both nations have indicated ongoing dialogue, but the lack of a binding treaty may reshape global nuclear stability.

Key Points:
New START (DSNV) treaty between US and Russia expired on 3 Feb 2026
🛑 Treaty had limited deployed strategic nuclear warheads and delivery systems
🌍 Experts warn expiration could reduce transparency and heighten global nuclear risks

#Newstoday #usanews #brics #NuclearTreaty #USRussia #GlobalSecurity
Source:...
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📰 BREAKING NEWS: 🇺🇸🇦🇪 Ukraine-Russia Peace Talks Resume in Abu Dhabi

The second round of U.S.-brokered peace talks between Ukraine and Russia resumed today in Abu Dhabi, aiming to advance efforts toward resolving the ongoing conflict. Officials and analysts describe the negotiations as constructive, though significant disagreements remain on key issues such as territorial disputes and security guarantees. The talks are seen as a continuation of international efforts to mediate a potential diplomatic solution, with the United States playing a leading role in facilitating dialogue between the two nations. Observers caution that while progress is possible, any breakthrough will require compromise from both sides.

Key Points:
🕓 Second round of peace talks between Ukraine and Russia resumed in Abu Dhabi today
🌍 Discussions are described as constructive but major disagreements persist
🛑 Focus areas include territorial disputes and security guarantees

#Newstoday #usanews #brics #Ukraine #Russia #PeaceT...
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Putin wishes Xi and Chinese people a "Happy New Year" and touts the strong relationship between Russia and China - "no matter what the current political climate is"
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📰 BREAKING NEWS: 🇺🇸🇮🇳 Trump–India Trade Deal Could Hit Russian Oil Revenue Hard

A new analysis shows that Russia may face a significant drop in oil revenue if U.S. President Donald Trump successfully pressures India to reduce imports of Russian crude, according to bdnews24.com reporting based on Reuters. Trump recently cut U.S. tariffs on Indian goods as part of a trade deal that he said included provisions for India to stop buying Russian oil. While India has not halted imports, Indian refiners are becoming cautious, and Russian oil imports fell 22% in December compared with November, their lowest since January 2023, reducing Russia’s share in Indian imports to 27.4%. Analysts say losing India as a major buyer could force Russia to cut oil prices to find alternatives and may lead to a further decline in both oil exports and production.

Key Points:
Russia’s oil revenue could face a steep decline if India cuts imports
📉 Russian oil imports in India dropped 22% in December from November
🛢️ India r...
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🚨🇺🇸❄️ Project Iceworm: Greenland’s hidden wildcard still on US radar?

Long before “climate research” became the cover story, the US saw Greenland as a strategic launchpad for global power projection — a frozen foothold from which to watch, deter, and if necessary, attack rival powers.

One of the starkest expressions of this was Project Iceworm (1959–1966), a Cold War plan to turn Greenland into a covert nuclear strike platform.

😱 Here's the real agenda: 👇

▪️Plans such as Camp Century proposed a nuclear‑ready base, hardened against a first strike, with ice‑buried corridors and mobile missiles aimed at the Soviet Union.

▪️Greenland’s remoteness let the US deploy strategic assets without Danish consent, sidestepping Copenhagen’s 1957 nuclear-free policy.

▪️Its “Arctic research” cover was a perfect smokescreen for nuclear ambitions near Russia.

🧊 Building the 'Ice City'

▪️1959: US Army Corps of Engineers began excavating Camp Century, about 150–205 km inland from Thule (Pituffik) Air Base on the Greenland Ice Sheet.

▪️By October 1960: 21 tunnels spanning nearly 3 km were complete, designed to host up to 600 mobile nuclear missiles. Camp Century ran on the PM-2A, the world’s first portable nuclear reactor, but neutron leaks forced improvised shielding.

😭 Busted, but not buried

▪️1963–1966: Shifting ice warped tunnels, making the missile scheme and reactor operation unstable.

▪️The PM-2A was removed, and Camp Century was closed, with Denmark unaware of the full nuclear plan (declassified only in the mid-1990s).

▪️1967: When decommissioned, the base left diesel, PCBs, sewage, and radioactive cooling water buried under ice.

▪️Climate change now allegedly threatens to melt the ice covering the site, potentially exposing those pollutants by the late 21st century.

▪️Yet, secret bases, dodged allies, and buried nuclear waste show how far US would go for Greenland.

Modern satellites, hypersonic weapons, and Arctic trade routes make Greenland & Iceworm relevant again, as US ambitions have never really faded.

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