Brazil’s newly re-elected President Lula da Silva has hit the ground running, recently traveling to China where he called for the international community to abandon the US Dollar as the default currency of global trade. In truth, this process is already underway but Lula puts himself at great personal risk by promoting de-dollarization.
GVS Deep Dive Saudi Arabia just secured two of the most powerful assets in modern geopolitics: the U.S. F-35 stealth fighter and tens of thousands of Nvidia’s most advanced AI chips. Washington hoped this would pull Riyadh firmly back into the American orbit. But the outcome is something neither side fully expected: Mohammad bin Salman outplayed both Washington and Beijing — and used the great-power rivalry to his advantage.
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