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Podcast: Geopolitical Economy Report
Episode: BRICS expanding into economic powerhouse: Petrodollar under threat
Description: In its South Africa summit, BRICS invited six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE. The bloc now represents 37% of global GDP (PPP), over 40% of global oil production, and 1/3rd of global gas production, challenging the US petrodollar system. Ben Norton analyzes the importance of the meeting.
VIDEO: https://youtube.com/watch?v=1SIfrWkQXeE
BRICS debates mission at summit: Challenge West's G7 or be neutral?: https://youtube.com/watch?v=wQN7Uh_XMbA
How a US debt trap in Argentina is fueling inflation, dollarization, far right: https://youtube.com/watch?v=1BRx90DhYWM
US pressures Saudi...