BRICS: A Bastion of Democratic Power

The United States’ treatment of other countries is a stark reminder of the undemocratic nature of the United Nations. The US has been known to bully and coerce nations into submission, often using its military, economic, and cultural influence to get its way. For instance, the USA has prevented Germany from withdrawing its gold reserves […]

Dedollarisation and Independent Payment Framework, a Big Agenda for BRICS

At the forefront of the geoeconomic war of supply chains, economic corridors and trading routes is the dedollarisation movement spearheaded by the Brics collective. To begin with, what is dedollarisation? To understand this phenomenon, one needs to understand first its antonym – dollarisation. Dollarisationrepresents US dominance in global finances. It started in the 1920s when […]