How the BRICS Bank is resisting US financial domination
Geopolitical Economy Report
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The World Bank and the US-Led Imperial System
The World Bank and the International Monetary Fund are dominated by the US. They have a history of trapping countries in the global south in unpayable debt. The new BRICS bank does not require the same political conditionalities like the Bretton Woods institutions do. Latin America is working on building its own new infrastructure to create a new regional currency.
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