Russia

BRICS

The BRICS spall, fall and (try to) reconstitute

Early March 2022 provided a surprising reflection of the extent to which dominant Western norms of international finance could retain hegemony, even as the world’s North-South polarisation suddenly worsened. The Shanghai-based New Development Bank (NDB) was set up by five countries – Brazil, Russia, India, China and South Africa (BRICS) – at a 2014 Brazilian conference of presidents.

(Video) Boris Kagarlitsky: Russia, not NATO, started the war; capitalists on all sides fuel the fire

Boris Kagarlitsky responds to criticism he underestimates NATO provocations. He also analyzes the changing politics of Ukraine and growing anti-war feelings in Russia.

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