Trump’s attacks on BRICS have backfired, forcing China, India, and Russia closer together. The Global South-led organization held a summit in New Delhi, where leaders discussed plans to challenge the US dollar system, by connecting new payment systems using local currencies. Ben Norton explains. Topics 0:00 Rise of BRICS 1:04 BRICS summit in New Delhi 2:52 China and India improve relations 5:10 Shanghai Cooperation Organization (SCO) 7:28 BRICS challenges US dollar system 9:32 Local currency payment systems 14:13 Debates about replacing US dollar 16:19 Central banks stockpile gold 17:43 Gold overtakes US Treasuries in reserves 18:40 Trump threatens BRICS 19:10 Trump’s aggression against India 20:29 US strategy to recruit India against China 23:28 Modi, BJP, and Congress 25:41 US attacks on BRICS backfire 27:18 India-Russia relations 29:40 BRICS+: 10 members and 10 partners 30:28 BRICS: 56% of world population 30:51 BRICS: 44% of global GDP 31:56 BRICS overtakes G7 in economy 33:21 Indonesia’s PM Prabowo 33:55 Ethiopia’s PM Abiy Ahmed 34:35 Vietnam participates in BRICS summit 35:52 Malaysia’s PM Anwar supports Iran 37:20 India balances between Iran and Israel 38:27 Internal conflict: UAE attacks Iran 39:43 BRICS agrees to joint statement 40:46 Reform of UN Security Council 42:32 US unilateralism strengthens BRICS 43:12 Outro || Geopolitical Economy Report || Please consider supporting us at https://geopoliticaleconomy.com/Support Subscribe to our newsletter: https://geopoliticaleconomy.report/ Join our community on Patreon: https://patreon.com/GeopoliticalEconomy
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