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The U.S. Needs a New Approach to the Rest of the World

Daniel Wagner | Posted 10.30.2015 | Politics
Daniel Wagner

America is having a tough time finding its footing - not only in the Middle East, but in much of the rest of the world. It almost feels like the U.S. has become a developing nation, at least on the global stage.

What Happened to Brazil?

John Feffer | Posted 09.24.2015 | World
John Feffer

Brazil was heading into the semifinals of world development as an odds-on favorite. How did the country go from world-class performer to global embarrassment in what seems like the blink of an eye?

Brazil's Hard Landing

Sara Zervos | Posted 09.24.2015 | World
Sara Zervos

Investors have lost faith in Brazil, and rightfully so. The currency has lost 36% of its value against the U.S. dollar this year, plunging nearly 7% in the last week alone. Yields on its bond issues are spiking, as investors demand higher and higher rates to loan Brazil or Brazilian companies money.

Reflecting On U.S. Power and Leadership During Hard Times

David W. Kearn | Posted 08.28.2015 | Politics
David W. Kearn

Expressions of populist anger, resentment toward unresponsive government institutions, and deep-seated frustration with "politics as usual" have dominated the rhetoric surrounding the Republican Party's ongoing presidential primary campaign.

China Devaluation Is Good News

Sara Zervos | Posted 08.11.2015 | World
Sara Zervos

Germany, Asian countries and commodity producers have already been selling less to China because of its economic slowdown; now they could sell less because their exported goods look more expensive as the Chinese yuan goes down.

Emerging Markets: Still Not Cheap, and Still Not Pretty

Sara Zervos | Posted 08.07.2015 | Business
Sara Zervos

Most emerging markets need to borrow from the rest of the world. They are known for being the fastest growing countries, with rich resources and young populations. However, by definition they are poorer than other developed countires, and as such have little savings to finance their growth

As China Awakens, America -- And Pakistan -- Should Take Note

Akbar Ahmed | Posted 07.30.2015 | World
Akbar Ahmed

BEIJING -- "When China wakes, she will shake the world." Napoleon's famous comment on China has had China-watchers scratching their heads for two centuries as to what exactly he meant. The answer may be tied to Xi Jinping's vision of the future of China.

The Eurasian Big Bang

Pepe Escobar | Posted 08.03.2015 | World
Pepe Escobar

Tehran, Beijing, Moscow, Islamabad, and New Delhi have been actively establishing interlocking security guarantees. They have been simultaneously calling the Atlanticist bluff when it comes to the endless drumbeat of attention given to the flimsy meme of Iran's "nuclear weapons program."

BRICS Bank Launched In China As Alternative To World Bank, IMF

Times of India | Farah_Mohamed | Posted 07.22.2015 | World

SHANGHAI: A new USD 100 billion bank floated by BRICS nations, including India, as an alternative to the World Bank and IMF to boost infrastructure fu...

Prediction: Hillary Will Bail Out Banks

Judy Frankel | Posted 07.14.2015 | Politics
Judy Frankel

On Monday, Hillary unveiled her economic agenda for strengthening the middle class. But looking at solutions like raising the minimum wage is only half the story. To evaluate the bigger picture, a review of Hillary's history with the banking industry is necessary.

New Bank Launch Charts Path to Asian-Led Order

Curtis S. Chin | Posted 07.18.2015 | World
Curtis S. Chin

As did the late Lee Kuan Yew during his iron-fisted rule in guiding Singapore's success, China is now advancing an "Asian way" in this newest of multilateral lenders.

Why China's Key Role in BRICS Does Not Threaten U.S. Power

Sara Hsu | Posted 07.13.2015 | World
Sara Hsu

The BRICS nations convened in the Russian city of Ufa for the BRICS Summit last week to discuss cooperation on international and regional issues of common interest. The BRICS meeting was held in conjunction with the Shanghai Cooperation Organization and represents the seventh formal meeting of the BRICS nations. The meetings discussed several issues of central importance to China. While China's role in the BRICS alliance may be viewed as an attempt to build up its own power outside of U.S.-dominated institutions, we believe this perspective is simplistic.

The West Should Not Resist the BRICS' Aim to Build a More Equal World

Shashi Tharoor | Posted 07.13.2015 | World
Shashi Tharoor

NEW DELHI -- To the extent that the West resists the claims of the BRICS members to places of honor on the world stage, the greater will be the incentive for the BRICS countries to consolidate their own alternative system and view of the world.

BRICS Leaders Launch Bank, Vow To Coordinate To Protect Economies

Reuters | Darya Korsunskaya, Denis Pinchuk and Katya Golubkova | Posted 07.09.2015 | World

By Darya Korsunskaya, Denis Pinchuk and Katya Golubkova UFA, Russia, July 9 (Reuters) - The BRICS emerging nations said on Thursday ...

The New BRICS Bank Should Be Green and Focus on Poverty

Muhammad Yunus | Posted 07.09.2015 | World
Muhammad Yunus

The primary objectives of the NDB should be to achieve three zeros by 2050: zero poverty, zero unemployment and zero net carbon emission. I wish the NDB every success in redesigning the world to make it sustainable.

Russia Woos China Ahead Of BRICS Summit

Reuters | Darya Korsunskaya, Denis Pinchuk and Lidia Kelly | Posted 07.08.2015 | World

By Darya Korsunskaya, Denis Pinchuk and Lidia Kelly UFA, Russia, July 8 (Reuters) - Russian President Vladimir Putin and his governmen...

Longevity Changes Everything...or Should

Michael Hodin | Posted 06.25.2015 | Fifty
Michael Hodin

As the 2016 American presidential campaign gets rolling, it will be interesting to see how the candidates outline their strategies for population aging.

India, China and the Rest of the BRICS Will No Longer Wait for a Seat at the Table

Shashi Tharoor | Posted 06.22.2015 | World
Shashi Tharoor

MOSCOW -- Countries like India and Brazil -- unlike, say, Germany and Japan a century ago -- are not seeking to overturn the world order. All they want is a place at the high table. Barring that, they have little choice but to build their own -- though India, Brazil and South Africa have reason to wonder if a Chinese-led world order would be an improvement on the current one.

Yogi Berra and the Greek Debt Crisis

Aristotle Tziampiris | Posted 06.12.2015 | Business
Aristotle Tziampiris

There is still time for Greece to snatch victory from the jaws of a looming defeat. The Summer has arrived and throngs of tourists will descent upon some of the most beautiful islands in the world, providing a much needed lift to the economy.

Whatever Happened to the BRICs?

Jonathan Adelman | Posted 05.19.2015 | World
Jonathan Adelman

Most of the BRICS are far from becoming major powers. While the United States has $57,000 GDP/capita, the BRICs' GDP/capita ranges from a tiny $1,500 (India) and low level of $6,800 (China) to modest levels of $11,200 (Brazil) and Russia ($14,600).

Normalization and a De-facto Alliance Between Washington and Tehran

Raghida Dergham | Posted 06.10.2015 | World
Raghida Dergham

The United States understands the language of both immediate and strategic interests, and the Arab leaderships must speak this language fluently in light of the developments, and not with an archaic, rigid language.

Why Are Businesses Shifting Focus to Emerging Markets?

Kian Moini | Posted 06.08.2015 | Business
Kian Moini

In 2013, McKinsey & Company predicted that by 2025 almost 230 Fortune Global 500 companies would be based in cities in the emerging markets. Whilst I can't yet comment on whether this prediction is likely to come true, it is interesting to look at how companies are shifting their focus to these developing countries.

The Real 'Iran Prize': The Next Great Emerging Market

Richard Javad Heydarian | Posted 06.06.2015 | Business
Richard Javad Heydarian

The expected removal of Western sanctions, particularly the targeted measures against Iran's oil and financial sector, could pave the way for a huge and much-needed inflow of foreign investors and recovery of Iran's oil sector and heavily-battered currency.

The Retreatniks

John Feffer | Posted 05.26.2015 | Politics
John Feffer

The new talking point for the Republican Party -- actually, it's an old talking point in expensive new clothing -- is "America is in retreat."

The Kremlin's Kool-Aid

John Feffer | Posted 05.12.2015 | World
John Feffer

Like Glenn Greenwald, we should be concerned about the Azov Battalion and high-ranking extremists in the Ukrainian government. But the real darling of the far right is Putin. It's no surprise that European extremists are intoxicated by his authoritarian style. The mystery is why some on the left have also drunk the Kremlin's Kool-Aid.