Dr. Ziva Rozen-Bakher - A Researcher in International Relations and International Business with a Focus on Security and Political Risks & Economic and Strategic Risks Related to Foreign Direct Investment (FDI), International Trade and Mergers and Acquisitions (M&As)

View Original

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:

Monitoring Risks by Dr. Ziva Rozen-Bakher: Analysing Risks in-Depth of Political Risks, Economic Risks, and Strategic Risks

Global Risks by Dr. Rozen-Bakher: Stimulating Thinking ‘Out of the Box’ on Ongoing Global Problems that have no Clear Solutions

Dr. Rozen-Bakher’s Blog on Foreign Direct Investment (FDI) and International Trade to Identify Risks versus Opportunities

Dr. Rozen-Bakher’s Twitter Lists and Twitter Hashtags to Identify Risks for FDI and International Trade



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


Note, the information above is based on open sources like newspapers.

Note, the information above is based on open sources like newspapers.


Honduras requests entry to BRICS-led development bank on China trip | Reuters

Honduras opens embassy in China after breaking Taiwan relations - UPI.com

BRICS NDB De-Dollarizing - New Cold War: Know Better

$10 billion in investment agreements signed during first day of Arab-China business conference in Riyadh (msn.com)

Russia endorses Argentine, Iran joining BRICS — MercoPress

Unwanted foreign reserves | Print Edition - The Sunday Times, Sri Lanka

Nine Asian central banks to adopt SWIFT alternative (thecradle.co)


Russia says it hits Leopard tanks, U.S. Bradley vehicles in Ukraine (msn.com)