Condemning Washington's "hegemonic mindset" and sanctions, China strengthened its strategic partnership with Venezuela. The oil-rich South American nation's President Nicolás Maduro took a historic trip to Beijing, and applied to join BRICS. Ben Norton analyzes the important geopolitical and economic consequences.
Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny
globinfo freexchange Does Trump know what he is doing? Well, yes and no. While many interpretate his latest move, mostly as an attempt to halt China, his main goal is to give the final blow to the neoliberal order on behalf of his oligarchs . From this perspective, Trump's unprecedented decision to decide mass tariffs against almost everyone, was an act of strategic hit against the global free market neoliberalism, with the financial capital at its top. And that's because this dominant-for-almost-half-century system, identifies restrictions and protectionism as major threats against its own existence. In other words, Trump acted as a commander of the capitalist faction that wants to beat its neoliberal rivals and put itself in charge, through a new transformation of capitalism into a 21st century corporate feudalism. Concerning China, Trump's move may have some negative impact on its economy for a while, since China has chosen to partially play by the rule...
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