Currencies: China activates $6.5 billion swap line with Argentina Background Argentina‘s central bank has announced that China has activated a currency swap line worth $6.5 billion, which is freely accessible by Argentina. This move is part of a broader deal between the two countries aimed at supporting Argentina‘s embattled local peso and increasing its depleted […]
Can BRICS end ‘apartheid’ against the Global South? Introduction Delegates from the major emerging economies and leaders from across the developing world are convening in Johannesburg for the BRICS (Brazil, Russia, India, China, and South Africa) summit. The summit raises an important question: can the global governance system be reshaped to give the majority of […]
