Tag: BRICS

Emergence of a New Non-Alignment

From Bolivia to Sri Lanka, countries fed up with the IMF-driven debt-austerity cycle and bullying by the U.S.-led bloc are beginning to assert their own agendas, writes Vijay Prashad.

Global South Aims to Fix the UN

Calls to reform the Security Council have been made many times in the past, but Ramzy Baroud says Beijing’s position is particularly important in both language and timing.

Austerity & a New Cold War With China

Vijay Prashad says the expanding IMF-driven debt crisis, which has converted the idea of “financing for development” into “financing for debt servicing,” bears watching while China waives debt to 17 African nations. 

The Lying IMF

Alternative sources of financing are beginning to empower poorer nations in the Global South to pursue projects grounded in genuine development theory, writes Vijay Prashad.

Lula Goes to China

The Brazilian president is joined by a major delegation this week as more than 20 agreements are expected to be signed with the Amazon country’s largest trading partner.

What Follows US Hegemony

The United States remains a powerful country, but it has not come to terms with the immense changes taking place in the world order, writes Vijay Prashad.

Ukraine: The Tunnel at the End of the Light

The U.S. abused its providential anointment as the exceptional nation, writes Robert Freeman. That abuse has been recognized, called out and is now being acted against by most of the other nations of the world.