
Beyond the Dollar: Global South Rethinks US Fiscal Fragility
As US fiscal strains mount, the Global South is exploring fresh paths beyond the dollar, from local currency deals to digital trade pacts.
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As US fiscal strains mount, the Global South is exploring fresh paths beyond the dollar, from local currency deals to digital trade pacts.
Brazil, as pro tempore BRICS Chair, announced Vietnam’s formal admission as the group’s tenth partner country, highlighting shared goals for inclusive global governance.
A landmark June 11 meeting in Changsha translated FOCAC 2024 pledges into action, from zero tariffs to AI and green tech cooperation between China and 53 African partners.
In Changsha, China and 53 African nations met to fast-track Beijing FOCAC Summit outcomes, pledging 10 partnership actions for modernization and deeper Global South solidarity.
China and 53 African nations convened in Changsha to launch the Changsha Declaration, pledging Global South solidarity, zero-tariff trade, and cooperation on green tech, AI, and development.
On June 10, the International Day for Dialogue among Civilizations unites 80+ countries to promote peace, cultural exchange, and cooperation across the Global South.
On May 30, the Convention establishing IOMed was signed in the Hong Kong Special Administrative Region, marking a new mediation hub for Global South nations to resolve disputes peacefully.
In Xiamen, China and 11 Pacific Island nations gathered at the Third Foreign Ministers’ Meeting to boost trade, disaster relief, healthcare, and sustainable collaborations across the Global South.
Chinese Premier Li Qiang urged deeper China-Vietnam cooperation at the ASEAN-China-GCC Summit, focusing on high-level exchanges, shared future goals, and safeguarding Global South interests.
Malaysia’s PM Anwar Ibrahim highlights ASEAN’s central role and BRICS as a cohesive force in the Global South, urging collective negotiation and global collaboration.