Geopolitics

Redrawing Global Alliances: The Diplomatic Timeline, Currency Shift, and Sovereign Mechanics of Ghana's Historic BRICS Bid - Modern Ghana

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DW NOTE

Ghana's BRICS application comes as the bloc expands its payment rails outside dollar settlement — but membership doesn't solve Ghana's underlying problem. The cedi has lost 62% against the dollar since 2020, and Accra owes $6.3 billion to external bondholders under a restructuring it can't afford to honour. BRICS membership offers an alternative clearing system; it doesn't offer fiscal discipline or export competitiveness.

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

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The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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Sri Lanka's Economic Recovery Underscores the Geopolitics of Debt - IR Insider

India’s Oil Buyers Squeezed by $123 Crude and Weak Rupee

Can Gold Hold Its 2026 Lows as Silver Breaks Below Its Own? - FOREX.com

Lula faces a fiscal reckoning after Brazil’s market rout