'It's an economic war on Brics nations': Economist Sharad Kohli weighs in on Trump's threat
Sunday, 1 December 2024 Economist Sharad Kohli views Donald Trump's threat to impose 100% tariffs on Brics nations over de-dollarisation efforts as an economic war on developing countries. Brics countries aim to reduce dollar reliance by introducing a new currency. Trump's stance aims to maintain US dominance, potentially forcing Brics nations to reconsider their plans.
In a bold statement, US President-elect Donald Trump warns BRICS nations that they will face a massive 100% tariff if they continue with their push for de-dollarization, a concept championed by Russia and China. Trump made it clear that any country trying to replace the US dollar in international...
External Affairs Minister Jaishankar defended India's global outreach following the Pahalgam attack, asserting overwhelming international support and dismissing.. IndiaTimes
In a dramatic geopolitical shift, Russia has withdrawn from a long-standing military cooperation agreement with Germany, originally signed in 1996. Prime Minister Mikhail Mishustin's move follows a cascade of sanctions from Western allies and Germany’s support for Ukraine. Russia's Foreign Ministry labeled Berlin's stance as "openly hostile" and accused Germany of pursuing aggressive militaristic policies.
The collapse of this bilateral framework underscores Moscow's pivot toward nations like North Korea, Iran, and China. In recent weeks, Foreign Minister Sergey Lavrov has met with North Korean leader Kim Jong Un—who pledged unconditional support for Russia’s war—and Iranian officials during the BRICS summit. Meanwhile, President Putin hinted at retaliatory arming of regions to strike Western targets. As the West distances itself from Moscow, Russia deepens its ties with fellow sanctioned states, signaling a bold new strategic alignment.
#RussiaGermany #RussiaIran #RussiaNorthKorea #Putin #Lavrov #GermanyWithdrawal #MilitaryPact #BRICS2025 #UkraineWar #NATO #RussiaSanctions #RussiaChina #KimJongUn #IranNuclear #Geopolitics #GlobalTensions #AxisOfSanctions #RussiaIsolation #MoscowNews #RussiaBreaking
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During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the measure “hit them very hard” and caused BRICS attendance to collapse. Trump emphasized the GENIUS Act’s role in cementing American leadership in crypto and finance, proudly noting, “They named it after me!”
He portrayed the protection of the dollar's reserve status as vital—comparable to “not losing a World War.” Meanwhile, the newly passed law establishes regulatory clarity for stablecoins, bolstering US dominance in digital currency while rejecting central bank digital currency. Trump delivered his usual bombast: BRICS must never “play games with us.” Critics point out there's little evidence BRICS plans a dollar coup, but Trump’s economic war strategy is on full display.
#TrumpVsBRICS #DollarDominance #GENIUSAct #TrumpTariffs #ProtectTheDollar #BricsCollapse #CryptoLaw #USReserveCurrency #StablecoinRegulation #TrumpSpeech #TariffThreat #BricsPay #EconomicWarfare #USFinanceLeadership #MAGA #GlobalDollar #TrumpCrypto #AntiBrics #TariffWar #DonaldTrump
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NATO Secretary General Mark Rutte has issued a stern warning to BRICS nations—India, China, and Brazil—over their continued trade ties with Russia. Following a meeting with Donald Trump, who gave Putin a 50-day peace deadline, Rutte threatened 100% tariffs and secondary sanctions if these nations fail to pressure Moscow. The move marks a shift toward coordinated global economic pressure to end the war. Trump echoed the warning, hinting at penalties for “anti-American policies” amid escalating geopolitical tensions.
#NATO #BRICS #RussiaWar #Rutte #IndiaChinaBrazil #SanctionsThreat #TrumpDeadline #Geopolitics #RussiaUkraineWar #TradePressure #Putin #GlobalDiplomacy #SecondarySanctions #BRICSVsWest #USForeignPolicy #TrumpOnRussia #EconomicSanctions #MarkRutte #TrumpTruthSocial #TariffThreats #BRICSBacklash #IndiaUSRelations #ChinaUSTrade #BrazilForeignPolicy #RussiaSanctions #PeaceDeadline #WesternUnity #StopTheWar #USNATOAllies #TradeWarAlert #BRICSWatch
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Prime Minister Narendra Modi received a standing ovation and chants of “Modi, Modi!” as he addressed the Namibian Parliament in a historic session. Calling it "a great privilege," PM Modi highlighted India-Namibia cooperation, shared democratic values, and deepening strategic ties. This landmark visit marks the first by an Indian Prime Minister to Namibia in over 3 decades, symbolizing growing South-South solidarity. Modi’s address was praised across party lines, reflecting India’s increasing influence and goodwill in Africa and the Global South.
#PMModi #ModiInNamibia #IndiaNamibia #ModiSpeech #GlobalModi #StandingOvation #ModiModi #HistoricVisit #AfricaDiplomacy #NamibiaParliament #IndiaAfricaTies #ModiAbroad #IndianDiplomacy #GlobalSouth #StrategicPartnership #SouthSouthCooperation #ModiNews #NamibiaVisit #ModiReception #BreakingNews #IndiaInAfrica #BilateralRelations #ModiGlobalInfluence #DemocracyDialogue #NamibiaCheersModi
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In a harrowing visit to Gaza’s so-called “Valley of Death,” Trump’s envoy Steve Witkoff walked the frontline near an aid distribution zone where nearly 900 civilians have reportedly been killed in recent IDF operations. Joined by international officials and aid workers, Witkoff witnessed first-hand the devastation wrought by shelling in proximity to humanitarian corridors.
#SteveWitkoff #GazaVisit #GazaCrisis #USEnvoyInGaza #WitkoffInGaza #GazaHumanitarianCrisis #GazaAidCrisis #GazaHungerCrisis #GazaCity #IsraelGazaWar #TrumpOnGaza #GazaUnderAttack #GazaNews #GazaToday #GazaConflict #GazaDiplomacy #IsraelGazaCrisis #GazaRelief #MiddleEastCrisis #GazaWar2025
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India has reportedly declined a U.S. offer to buy F-35 stealth fighter jets, according to Bloomberg. The offer was made by President Trump during Prime Minister Modi’s visit to Washington in February. Instead of purchasing American jets, India is prioritizing joint defense manufacturing initiatives and has shown greater interest in the Russian Su-57, especially after its debut at Aero India.
The Indian Ministry of External Affairs downplayed Bloomberg’s report, confirming no formal talks on the F-35 have taken place yet. Meanwhile, the U.S. has slapped 25% tariffs on Indian imports due to a failed trade deal, escalating tensions. Trump also announced India would face a penalty over its continued defense ties with Russia. This deepening rift could impact U.S.-India defense cooperation and reshape future arms procurement.
#IndiaUSRelations #F35Deal #ModiTrump #IndiaDefense #FighterJetDeal #USIndiaTensions #Su57India #DefenseNews #Tariffs #USIndiaTrade #TrumpModi #Geopolitics #MilitarySale #IndiaRejectsF35 #BloombergReport #RussianDefense #TrumpSanctions #ModiWashington #IndiaForeignPolicy #AeroIndia
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Donald Trump says he has ordered two nuclear submarines to be positioned in the "appropriate regions" in a row with former Russian president Dmitry Medvedev. Sky News
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