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A growing BRICS shows U.S. is losing the battle for the Global South

The three-day summit that began Tuesday in Johannesburg demonstrates how Washington has struggled to project influence throughout the vast, developing Global South, notes ‘Newsweek’.

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New Policy Brief #05: “The New Development Bank as a tool for international economic decentralization” by Charles Pennaforte

“How could the BRICS Bank be configured as an alternative to the traditional economic centralization in the West? The world is currently in the process of decline of the Systemic Cycle of Accumulation led by Washington. This way, we see anti-systemic action by several countries such as China, Russia, India, and Brazil.”. (…)

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