Most important stories of 2023: Gaza, Ukraine, China, BRICS, dedollarization, bank crises, inflation
Geopolitical Economy Report
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The Rise of BRICS and Global Economic Shifts
This chapter explores the evolution of the BRICS alliance in 2023, focusing on its expansion and the strategic withdrawal of Argentina amidst new leadership. It evaluates the implications of the proposed BRICS bank and the trend towards de-dollarization, as member nations seek to establish alternative financial frameworks and challenge the US dollar's dominance. Additionally, the narrative examines the broader geopolitical ramifications of this shift, including the impact on developing nations and the call for a reformed international economic order.
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