
Algeria Applies to BRICS Ahead of Planned Summit
The move highlights Algeria’s geopolitical and economic reorientation toward Russia and China and away from the collective West.

The move highlights Algeria’s geopolitical and economic reorientation toward Russia and China and away from the collective West.

“The arrest would also undermine a South African-led mission to end the war in Ukraine and “foreclose any peaceful solution,” South African President Cyril Ramaphosa said.

While Russian officials have expressed suspicion over Macron’s overtures, Beijing, seeing it as an opportunity to pull France away from the U.S.’s sphere of influence, has welcomed the idea.

Can the U.S. government and its allies prevent a determined group of countries from de-dollarizing and significantly hurting the U.S. economy in the process? How would de-dollarization be affected if the unthinkable happens and Russia wins in Ukraine?

The new debt-ceiling deal has its merits, but it also kicks the big spending reform can down the road. It also ignores the broader threat to the U.S. economy: de-dollarization. On that front, there is one event that could end dollar hegemony with one stroke of the pen.

Sending weapons is equal to “incentivizing war,” President Lula said in Beijing, showcasing BRICS as a global peace coalition.

Tunisia’s accession into the bloc would provide the country with massive economic benefits, which in turn would improve the country’s social conditions.

A U.S. State Department official expressed disappointment, saying that “Iran has, yet again, failed to respond positively to the EU’s initiative and … no progress was made.”