BRICS Payment System – What Does It Mean for the Nordics?
The article examines the BRICS countries’ effort to build a cross‑border payment system that could be operational by 2029‑2030, offering an alternative to Western‑controlled settlement rails. It notes the New Development Bank’s role, having approved over $42.9 billion in loans and targeting at least 30% of its operations in national BRICS currencies. For the Nordics, the development means exporters may soon have to navigate EU, dollar and BRICS payment networks, while banks could serve as bridges between these systems. The piece warns that the new infrastructure may fragment global finance and raise political‑risk considerations for EU‑aligned economies.
“The West Has Completely Lost Its Soul, but the Iranians Are Searching for Theirs” — Interview with Alastair Crooke (Part...
In a three‑part interview, former MI6 officer Alastair Crooke argues that the West has succumbed to post‑modern nihilism, while Iran’s elite fuse Western philosophy with Shiite tradition to craft a broader worldview. He warns that Israel’s rhetoric about tactical nuclear...
The Dollar’s Slow Unraveling: How Bitcoin, Digital Currencies, and a Secret Oil Deal Are Reshaping the World’s Money
A new paper in the Journal of Post‑Keynesian Economics details how the US dollar became the world’s primary currency, largely thanks to a secret 1974 Saudi‑oil‑for‑Treasury‑bond pact that expired in 2024. The study argues that the petrodollar arrangement allowed the...
When Bombs Replace Bridges: The Rise of Military Keynesianism
The episode examines the shift toward "military Keynesianism," where governments increasingly use defense spending to stimulate economic growth as traditional civilian investment loses its effectiveness. The host contrasts mainstream economic theory, which assumes equilibrium and smooth cycles, with the reality...
The Illusion of the BRICS as a «Bric-À-Brac»: Why the West Is Wrong to Underestimate the Resilience of BRICS+
The article argues that Western portrayals of the BRICS+ as a disjointed "bric-à-brac" underestimate its growing resilience, especially as India assumes the 2026 presidency amid heightened geopolitical tensions. Despite criticism over heterogeneity, the bloc is expanding its economic infrastructure through...
‘War in Iran Means the End of the Zionist Project and the Definitive Decline of US Hegemony,’ Says Daniel Jadue
Daniel Jadue, longtime Palestinian activist and former PFLP militant, told Brasil de Fato that the recent U.S.-backed attack on Iran marks the end of the Zionist project and signals a definitive decline of U.S. hegemony. He argues Iran’s low‑cost “war...
GO-BRICS Synthesis: How 15,000 Young Innovators Are Turning Crisis Into Development
The First International BRICS Countries Hackathon GO‑BRICS Synthesis brought together 15,000 young scientists and engineers from Russia and India to address energy‑security challenges amid a global crisis. Organized under the BRICS International Forum and the GO‑BRICS Business Forum, the event...
