Geopolitical Economy Report cover image

How the BRICS Bank is resisting US financial domination

Geopolitical Economy Report

00:00

The Trifens Dilemma: How the US Dollar Hurts Everyone

Many countries in the global South are afraid of being sanctioned unilaterally illegally by the United States. This all explains why the BRICS and the BRICS Bank, the New Development Bank are prioritizing de-dollarization. The goal is by 2026 to have 30% nearly one third of the bank's loans denominated in other currencies.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app