We don’t have The Daily Brief episode today as the markets are closed. So we're uploading an episode from one of our other shows "The world, simplified", where we break down the big global issues affecting our money and lives in simple terms.

In this episode, we cover:

1. The Chip War: US vs China

We dive into the world of semiconductors—the tiny chips powering everything from smartphones to supercomputers—and explore the intense U.S.-China rivalry over control of this critical technology, its impact on AI, and the global stakes in the semiconductor race.

2. BRICS: A New World Order?

The expanded BRICS alliance aims to challenge Western financial dominance, building alternatives like the New Development Bank and BRICS Pay. Despite internal conflicts, the group’s push for a parallel financial system signals a major shift in the global economic order.

If you want to view detailed charts and deep dive into sources discussed in the episode, check out our newsletter: https://thedailybrief.zerodha.com/p/who-controls-the-chips-controls-the

Folge 5.1: A way of life (mit Nora Bateson)