The Fail of War Sanctions against Russia: BRICS, NDB & SEPAM
Risks Timeline by Dr. Ziva Rozen-Bakher
Comments on Contemporary Risks by Dr. Ziva Rozen-Bakher
From other Research Activities of Dr. Ziva Rozen-Bakher:
11 June 2023 at 21:56. While all the eyes are on the Counter-Offensive of Ukraine, I think that the big story from the last few days is BRICS which clearly indicates the failure of the War-Sanctions against Russia by USA Colation. We are not speaking about a wave of applications to join BRICS but literally like a ‘Tsunami of Applications’, yet not only to BRICS but also to the New Development Bank (NDB) of BRICS that aims to be an alternative to IMF. Importantly, this ‘Tsunami of Applications’ includes not only USA rivals but also countries that have been considered for long as USA allies, so it’s hard for me to decide what is worse from the viewpoint of the USA coalition, the Leopard tanks that may hit by Russia or the ‘Tsunami of Applications’ to BRICS. To understand how is bad this direction - the Asian Clearing Union (ACU) agreed to launch the new Iranian cross-border financial messaging system SEPAM that will replace SWIFT. ACU members include the central banks of Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka, Myanmar, and Iran. Clearly that the USA and the EU and their allies lose the War-Sanctions against Russia, regardless of the unlikelihood that Ukraine will be able to retake all the annexation territories that Russia holds. As we know, it’s impossible to stop a Tsunami, so now the question is how bad the damage of the ‘BRICS-Tsunami’ will be, as well as how many countries will adopt SEPAM. Empires rise and fall yet the main challenge is how to preserve the ‘cycle-peak’ - try to read my PD10 - Research Paper. Rozen-Bakher, Z. The Chess Game of Forming International Trade Agreements: Shaping Global Economic and Political Power https://www.rozen-bakher.com/research-papers/pd10
Previous of my Comments on this topic: Egypt: The Dramatic Shift from USA Ally to Russia-China Ally, BRICS Plus - New Global Order, USA about US Dollar: Sleep Walking, China vs. USA: Latin America, West Banking Crisis: Amid Sanctions against Russia?, China's Shift to Russia: Trade and FDI, ‘Merger of Allies’ of Russia-China Coalition, Restoring Diplomatic Relations between Iran and Saudi Arabia.
Relevant Analyses from my Monitoring Risks: USA Coalition versus Russia-China Coalition, Gas & Oil War-Sanctions: USA Coalition vs. Russian Coalition, USA Coalition vs. Russian Coalition: FDI and International Trade Analysis, Sanctions against Russia: USA Coalition vs. Russian Coalition, Russia Sanctions: Global Sanctions-War, Russia’s Counter-Sanctions: ‘Gazprom-Weapon’
From my Twitter Lists and Twitter Hashtags: BRICS Hashtag
Note, the information above is based on open sources like newspapers.
Note, the information above is based on open sources like newspapers.
