Geopolitical Economy Report

As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism

Jul 10, 2025
Tensions rise as a former U.S. president claims BRICS is 'dead,' yet the coalition continues to expand, now representing 44% of global GDP and 56% of the world's population. Key discussions at the recent summit focused on dedollarization and strengthening trade ties among members using local currencies. With new leadership from countries like Vietnam and Cuba, BRICS is poised to challenge U.S. dollar dominance and promote a multipolar world. The growing resilience of this alliance highlights its significance in shaping the future of global economics.
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INSIGHT

Putin's Diplomatic BRICS Absence

  • Putin avoids attending BRICS summits physically due to ICC arrest warrant to protect member nations diplomatically.
  • Western media misinterpret absences as signs of BRICS internal fractures, which is inaccurate.
INSIGHT

Iran's Summit Absence Explained

  • Iran's president skipped the summit due to ongoing US-Israeli hostilities and security concerns.
  • Absence reflects geopolitical threats, not internal BRICS discord.
INSIGHT

China Signals Multilateral BRICS

  • China's Xi Jinping did not attend to emphasize BRICS as a multilateral global south organization.
  • China supports showcasing leaders from other BRICS nations to promote equality within BRICS.
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