News: Commentary from the BRICS Lab
March 19, 2025, South China Morning Post, ‘De-dollar’ diplomacy: Brics focus on alternative currency stirs Trump’s ire, Dr. Papa argues that it is risky for the US to make an example of BRICS at a time when it “seeks to enhance internal trade flows, and its membership criteria require prospective members to maintain substantial trade relations with existing members”.
January 17, 2025, CNBC, The BRICS bloc is growing — and Trump’s tariff threat isn’t expected to put off aspiring members. Dr. Papa discusses the Trump administration’s policy shift in the context of BRICS.
December 4, 2024, Benar News, Trump’s warning to BRICS on US dollar adds to SE Asia’s worries. Dr. Papa argues that a unified BRICS currency faces various obstacles, including the need for coordinated monetary policies.
October 24, 2024, BBC News, World Business Report: The 2024 BRICS Summit, Dr. Papa discusses the 2024 BRICS summit and the group’s progress on moving away from the dollar and managing internal conflicts.
October 9, 2024, Bloomberg, Expanded BRICS needs to innovate to show its influence, Dr. Papa discusses how BRICS can enhance economic integration through the international payments system and BRICS grain exchange.
September 9, 2024, The Africa Report, Do record gold prices open the door for BRICS+ dedollarisation? Dr. Papa was quoted: “Developing a joint currency … on a large scale is a lengthy process, making it unlikely the dollar will face a significant challenge soon.”
September 5, 2024, Eurasia Review, Malaysian PM meets Putin in Russia to expand collaboration despite US sanctions Dr. Papa discusses how Malaysia’s move towards BRICS reveals a more Moscow and Beijing-friendly stance.