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Global South

All articles tagged with #global south

Xi redefines US-China rivalry as a 'race' to avoid conflict
geopolitics12 days ago

Xi redefines US-China rivalry as a 'race' to avoid conflict

Chinese President Xi Jinping used his first state visit to the US in 11 years to assert that the 'Thucydides Trap' can be overcome, framing US-China relations as a competitive race rather than a zero-sum conflict. While the summit produced limited concrete progress on trade and AI, it established a diplomatic framework for managing rivalry without military confrontation, offering the Global South a non-aligned alternative to US pressure.

Global AI Divide: US Pushes for Alignment, China Wins on Cost and Access
technology13 days ago

Global AI Divide: US Pushes for Alignment, China Wins on Cost and Access

The US and China are competing for global AI dominance through opposing strategies: Washington seeks to force nations to choose sides via the 'Pax Silica' alliance and strict chip controls, while Beijing promotes open, low-cost models through the 'World AI Cooperation Organization.' Chinese models now account for over 50% of global usage on key platforms, driven by affordability and accessibility in the Global South, despite US concerns over security and 'distillation' of American tech.

China Dominates BRICS Trade Network, Accounting for 75% of Intra-Bloc Value
economy13 days ago

China Dominates BRICS Trade Network, Accounting for 75% of Intra-Bloc Value

2025 data reveals that intra-BRICS trade is heavily concentrated in China, which accounts for roughly three-quarters of all bilateral trade value within the bloc. While China exports $523 billion to other members, the remaining nine members trade only $294 billion among themselves, highlighting a lopsided economic structure despite the group's push for multipolarity.

MidEast turmoil pushes oil prices toward fresh highs
world22 days ago

MidEast turmoil pushes oil prices toward fresh highs

Disruptions to Middle East oil infrastructure—most notably Saudi Arabia’s East-West pipeline delays after a drone attack, plus Houthi actions—have reignited pressure on global oil markets. With roughly 4–5 million barrels per day disrupted and limited buffers, Brent crude has surged above $105 per barrel as traders fear further supply shocks. The spillover includes rising diesel prices in the U.S. and higher fertilizer costs, threatening Global South economies and potentially shaping policy responses abroad and at home.

BRICS Pushes Currency-Based Trade as Iran and Russia Decry Western Sanctions
world28 days ago

BRICS Pushes Currency-Based Trade as Iran and Russia Decry Western Sanctions

At the BRICS Business Forum in New Delhi, Iran’s President Pezeshkian and Russia’s Vladimir Putin criticized Western sanctions and urged deeper BRICS trade that uses national currencies to reduce Western financial influence, arguing sanctions verge into military pressure. Putin claimed more than 30,000 sanctions on Russia and highlighted BRICS’ growing share of global GDP, as energy-market volatility linked to the Ukraine and Iran conflicts underscores the bloc’s push for a Global South-led economic order.

BRICS Expands, Yet Struggles to Map a Unified Challenge to the West
world28 days ago

BRICS Expands, Yet Struggles to Map a Unified Challenge to the West

As BRICS gathers in New Delhi for a high-profile summit, analysts say the bloc has helped foster multipolarity and offer development alternatives outside Western institutions, boosting Global South influence, but it has yet to present a coherent challenge to the West. Its expanding membership enhances bargaining power, yet exposes internal divisions and maintains heavy dollar dependency, limiting collective action on security and policy. The summit will test whether BRICS can translate rhetoric into tangible influence, especially amid divergent positions on Iran and Western-led conflicts.

Bishkek SCO Summit Signals Multipolar Drive and Global South Unity
world1 month ago

Bishkek SCO Summit Signals Multipolar Drive and Global South Unity

Leaders of the Shanghai Cooperation Organisation, including Xi Jinping, Vladimir Putin, Narendra Modi and Iran’s president, gather in Bishkek for the bloc’s 25th anniversary to push a multipolar world and deepen Global South cooperation on trade and security, amid the Ukraine and Middle East conflicts. The agenda centers on economic integration, new transport routes and financial architecture—such as the potential SCO Development Bank and Silk Road–related corridors like the International North-South Transport Corridor—while balancing India’s strategic autonomy and its ties with both Russia and the West. Analysts say the summit will mix signaling with limited substantive breakthroughs as major powers hedge against Western influence.

Xi Jinping Casts Open-Source AI as Global Coalition Builder
artificial-intelligence2 months ago

Xi Jinping Casts Open-Source AI as Global Coalition Builder

At the World AI Conference in Shanghai, Xi Jinping urged open-source AI and international cooperation, unveiling a 29-nation World Artificial Intelligence Cooperation Organization and pledging 5,000 AI-training opportunities for developing countries, signaling China’s bid to shape global AI governance and reduce U.S. influence while pursuing leadership in the Global South.

China's Affordable AI Tightens the U.S. Alliance Pitch
technology3 months ago

China's Affordable AI Tightens the U.S. Alliance Pitch

China's affordable, open-source AI models are narrowing the gap with the U.S. frontier tech, pressuring Washington to rally allies while grappling with an erratic export-controls regime and a broader push for digital sovereignty; the Pax Silica effort seeks a U.S.-led AI and chip bloc as 35 countries join the AI Opportunity declaration, but partners remain cautious about interoperability and reliance on Chinese infrastructure.

Oil Shock From Iran War Reshapes Global Economy
economy4 months ago

Oil Shock From Iran War Reshapes Global Economy

The Iran war has driven a sustained rise in global oil prices and a roughly one-billion-barrel shortfall in Gulf supplies, a shock that reverberates through inflation, bond markets, and everyday costs, especially for the Global South. While Europe can cushion some pain with subsidies, poorer countries face spikes in food and fuel prices, higher fertilizer costs, and fears of hunger as the World Food Programme warns tens of millions could be at risk. In the United States, higher energy exports boost revenue but raise gasoline bills for households, while financial strains push up central-bank rates and bond yields even as stock markets stay buoyant. Overall, the economic fallout from the Iran war is intensifying faster than shipping normalcy returns, with wide humanitarian and financial consequences.

China Extends Zero-Tariff Access to All Diplomatic African Countries, Boosting Trade and Multilateralism
world5 months ago

China Extends Zero-Tariff Access to All Diplomatic African Countries, Boosting Trade and Multilateralism

China is extending zero-tariff treatment to all African countries with diplomatic ties, effective May 1, 2026, to boost Africa–China trade, diversify exports, and foster value-added manufacturing amid rising protectionism. Early shipments, such as South African apples, have entered China, while Kenya and South Africa align procedures to maximize benefits and unlock spillovers across agriculture, mining, and manufacturing.

Colombia hosts a new power as 60 countries push fossil-fuel transition, Trump absent
environment5 months ago

Colombia hosts a new power as 60 countries push fossil-fuel transition, Trump absent

Colombia and the Netherlands hosted the First International Conference on the Just Transition Away from Fossil Fuels, drawing about 60 countries to accelerate the shift from fossil fuels outside the UN COP framework; organizers say this coalition represents a 'new power' in climate action, while the US federal government under Trump is not invited. US states like California and Quebec are pursuing aggressive domestic policies, highlighting financing and debt barriers that complicate a rapid transition.

Russia’s Fragile Web: Iran War Tests Moscow’s Global Partnerships
world6 months ago

Russia’s Fragile Web: Iran War Tests Moscow’s Global Partnerships

The analysis argues that a U.S.-led Iran war that degrades Tehran’s military and proxies could weaken the geostrategic network—the CRINK bloc and broader partnerships—that has helped Russia sustain its Ukraine campaign. As Washington pursues coercive diplomacy and regional realignments (e.g., in Venezuela), Moscow risks losing diplomatic flexibility and key partners, potentially shifting regional alignments toward the United States and its allies and altering the Ukraine war’s dynamics.