In its South Africa summit, BRICS invited six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The bloc now represents 37% of global GDP (PPP), 40% of global oil production, and roughly 1/3rd of global gas production, challenging the US petrodollar system. Ben Norton analyzes the importance of the meeting.
The wounded US imperialist beast becomes more dangerous than ever as desperately seeks to start a WWIII
globinfo freexchange It seems that the declining Western superpower is losing ground and tries hardly to avoid the inevitable. The US imperialist beast, despite all the destruction that causes, is failing to fulfill its utter objectives. Which in short, are the dissolution of Russia and China, looting their vast resources, as well as the full expansion of the destructive neoliberal model throughout these areas and other countries allied with the Sino-Russian bloc. Most importantly, the wounded beast is loosing much of its strength due to the rapid de-dollarization that has started approximately ten years ago, as dollar had become the front line of the US imperialist sweeping force since the early 70s. As if nothing has changed, the beast insists on using the same tools to prevail in the global geopolitical field, ignoring the unprecedented changes and complexities under current circumstances. In a move (as it seems) of desperation, the United States House of Representative
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