Geopolitical Economy Report BRICS grows, adding Indonesia as member: world's 4th most populous country, 7th biggest economy
Jan 7, 2025
BRICS expands, welcoming Indonesia, the world's 4th most populous nation and 7th largest economy. With its new membership, BRICS now represents 41.4% of global GDP and nearly half the world’s population. The podcast explores Indonesia's strategic ties with China and its significant role in the nickel market. Historical context is provided, discussing past U.S. interventions and the shift towards cooperation with the Global South. The conversation also highlights BRICS' potential challenge to U.S. dollar dominance through alternative financial systems.
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