Think BRICS
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Explore #BRICS & the Global South with us. Unravel global economics, tech & societal changes. In-depth videos & unique insights into emerging economies. Subscribe for comprehensive analyses.

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India's Digital Payment Revolution Hits New Heights ๐Ÿš€๐Ÿ’ณ

India's UPI system just processed 59.3 billion transactions in Q3 FY25โ€”a massive 33.5% jump from last year! What's driving this explosion? It's not big purchases, but everyday micro-transactions like chai, bus tickets, and vegetable shopping that are going digital. With 709 million QR codes now deployed across the country, from urban centers to rural villages, scan-and-pay has become the default way Indians handle daily essentials.

What's fascinating? The average transaction size actually dropped from Rs 1,363 to Rs 1,262, proving that true digital adoption happens when even the smallest purchases go cashless.

Have you noticed yourself using digital payments more for small, everyday purchases? What's the smallest amount you've paid digitally recently? ๐Ÿ’ญ๐Ÿ›’

#DigitalIndia #UPIPayments #FinTech #CashlessEconomy
Source: Economic Times BFSI
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โš ๏ธ Historic US-Taiwan Arms Deal Sparks Regional Tension

The United States has approved an unprecedented $11.1 billion weapons package for Taiwan, including 82 HIMARS launchers and 420 ATACMS long-range missiles. China responded sharply, warning that the sale risks turning Taiwan into a "powder keg" and could drive the region toward military confrontation. While Washington frames the deal as essential for Taiwan's self-defense and regional stability, Beijing accuses the US of using the island to "contain China".

This marks the largest arms sale of its kind as tensions continue to escalate across the Taiwan Strait. The package now enters a 30-day congressional review period before production begins.

#Taiwan #USChinaRelations #Geopolitics #RegionalSecurity
Source: Fox News
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Those of you with intention to move to Russia - you still have a chance! ๐Ÿ‡ท๐Ÿ‡บ
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BREAKING: Mass Protests Rock Bangladesh ๐Ÿ‡ง๐Ÿ‡ฉ๐Ÿ”ฅ

Crowds fill Dhaka streets, challenging New Delhi over border and trade pressure ๐Ÿ‡ฎ๐Ÿ‡ณ
Police watch closely as tensions rise across South Asia.

Progress or new crisis ahead - Comment your view below โฌ‡๏ธ

#Bangladesh #India #SouthAsia #Geopolitics
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Greetings to new Russian citizens!
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Expat American is here ๐Ÿ˜Š
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๐Ÿญ China's Armour Steel Production Speeds Up 30% as US Plant Shuts Down

China's Inner Mongolia First Machinery Group has achieved a major breakthrough in military-grade armour steel production, boosting manufacturing speed by 30% through advanced cubic boron nitride cutting tools and optimized production temperatures. Meanwhile, Cleveland-Cliffs announced the indefinite closure of its Conshohocken facility in Pennsylvaniaโ€”a plant that supplied specialized armour plating for US Navy ships and military vehicles for decades. This development highlights a significant shift in global defense manufacturing capacity and industrial innovation.

What does this tell us about the future of manufacturing and defense production? How important is domestic industrial capacity for national security? ๐Ÿ’ญ๐ŸŒ

#DefenseIndustry #ManufacturingInnovation #GlobalEconomy #IndustrialCapacity
Source: South China Morning Post
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"India Wonโ€™t Be Dictated" - BOLD NEW INTERVIEW ON TARIFFS AND POWER ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‡บ๐Ÿ‡ธ

Tomorrow on Think BRICS, we publish our full interview with Indian conservative political, economic, and foreign policy expert Suvrokamal Dutta. ๐ŸŽฅ

He explains why US tariffs hit America harder than India, why New Delhi waits on its own terms, and why Indiaโ€™s middle class drives global market strength.

He will also talk about BRICS, Russia-India ties, and Indiaโ€™s 2026 BRICS chair year. ๐ŸŽฅ

Watch the clip now and subscribe for the full conversation tomorrow. ๐Ÿ””

#ThinkBRICS #BRICS #IndiaEconomy #USIndia #Tariffs
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๐Ÿ‡ช๐Ÿ‡บ โ€œUnited States of Europeโ€โ€ฆ Built Through War? โš ๏ธ

Europe is moving toward deeper political and military integration while keeping the conflict with Russia open as a permanent emergency. This dynamic fuels common debt, rearmament and more power concentrated in EU institutions, while national sovereignty and citizensโ€™ control risk being pushed into the background. At the same time, a warโ€‘economy logic strengthens defense and financial interests, shifting priorities away from social welfare, diplomacy and a truly multipolar dialogue.
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Do you feel this integration path protects Europeans, or is it using the Russian threat to force a federal union that many people never really chose? ๐Ÿค” Would you trade sovereignty for โ€œsecurityโ€ in this context? ๐Ÿ’ฌ

You can read the full analysis (in Italian) at the link in the first comment.

#EuropeAtWar #MarioDraghi #EUSovereignty #Geopolitics
Source: Megas Alexandros
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๐ŸŒ US Blockades Venezuela in a War Still Searching for an Official Rationale
In our Donald-in-Wonderland world, the US is at war with Venezuela while still grasping for a public rationale. The horrific human toll is real โ€“ over a 100,000 fatalities from illegal sanctions and o... Read more โ†’

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๐Ÿช– Putin calls the Russian army the most combat-ready ๐Ÿ‡ท๐Ÿ‡บ

Putin says Russian forces rank first worldwide for combat readiness, pointing to Ukraine operations and training under Western sanctions.

He links this strength to resistance against NATO pressure.

#Russia #Putin #UkraineWar #Geopolitics
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โš–๏ธ Major Political Development: Pakistan's Former PM Faces 17-Year Sentence

Former Pakistani Prime Minister Imran Khan and his wife Bushra Bibi have each been sentenced to 17 years in prison in the Toshakhana corruption case. The case involves alleged fraud related to state gifts they received from Saudi Arabia in 2021, including an expensive jewelry set. Khan, who has been jailed since August 2023, maintains his innocence and calls the charges politically motivated. His legal team plans to appeal, criticizing the ruling as "selective prosecution".
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This conviction adds to the ongoing political tensions in Pakistan and raises questions about judicial independence in politically sensitive cases. Do you think corruption prosecutions of former leaders strengthen accountability, or can they sometimes be used as political tools? ๐Ÿค”๐Ÿ’ญ

#Pakistan #ImranKhan #GlobalPolitics #SouthAsia
Source: Al Jazeera
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๐ŸŒ China Just Hit a $1 Trillion Trade Surplusโ€”During a Trade War ๐Ÿ’ก

China has achieved the largest trade surplus in human history, reaching $1 trillion despite aggressive U.S. trade policies. The data reveals something fascinating: while direct U.S.-China trade declined, American consumers are still buying Chinese goods through third countries like Southeast Asia. Even Europe continues expanding trade with China through platforms like TEMU and Shein, proving that Western economies still rely heavily on affordable Chinese manufacturing.

This raises an important question: Can economic policies truly override consumer demand for affordable, quality products? ๐Ÿค”๐Ÿ’ฌ

๐Ÿค” What do you think: is โ€œdecouplingโ€ a fair and right idea for world commerce, or just another economic war on China driven by a hegemonic Western mindset? Share your view in the comments ๐Ÿ‘‡

#GlobalTrade #ChinaEconomy #TradePolicy #BRICS
https://thinkbrics.substack.com/p/what-does-chinas-trillion-dollar
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๐Ÿ”ด Major Middle East Development: Netanyahu to Meet Trump on Iran Strategy

Israeli Prime Minister Benjamin Netanyahu is scheduled to meet with President Donald Trump on December 29 at Mar-a-Lago to discuss potential military strikes against Iran's expanding ballistic missile program. Israeli officials are concerned that Iran is rebuilding its missile production capabilities and nuclear enrichment sites that were previously damaged in U.S. and Israeli strikes earlier this year. Netanyahu is expected to present Trump with multiple military optionsโ€”ranging from independent Israeli action to joint U.S.-Israel operationsโ€”arguing that Iran's missile program poses an urgent threat to regional stability and American interests.
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This comes as Trump has claimed success in "eliminating the Iran nuclear threat" while Iran signals willingness to resume diplomatic talks ๐Ÿค”.
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#MiddleEastPolicy #IranNuclearDeal #USIsraelRelations #GlobalSecurity
Source: NBC News
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๐Ÿ’ต BRICS Nations Are Quietly Stepping Back from US Treasuries

Here's something flying under the radar: China, India, and Brazil reduced their US Treasury holdings in October, continuing a steady trend among BRICS nations. While private investors are still buying, this shift reflects a mix of currency intervention needs and potentially deeper geopolitical considerations. The big question? Whether this signals a long-term rebalancing of global financial positions.

What do you think this means for the future of international finance? ๐ŸŒ Are we witnessing the early stages of a major shift, or is this just routine portfolio management?

#BRICS #USTreasuries #GlobalFinance #Geopolitics
Source: ING
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๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿค๐Ÿ‡บ๐Ÿ‡ฆ Japan Steps Up with Massive Aid Package

Japan has committed an impressive $6 billion in financial support to Ukraine for next year, one of the largest international aid packages announced recently.

Zelenskyy expressed gratitude to Prime Minister Sanae Takaichi, emphasizing that this contribution strengthens Ukraine's defense capabilities while reinforcing the rules-based international order. Japan's leadership position extends beyond the Indo-Pacific region, demonstrating how global solidarity can make a tangible difference in conflict zones.

#InternationalAid #GlobalSolidarity #JapanUkraine #Geopolitics
Source: UNN
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๐Ÿ•Š๏ธ Putin Ready for Macron Dialogue โ€“ A New Opening for Peace Talks?

Russian President Vladimir Putin has signaled his readiness to engage in dialogue with French President Emmanuel Macron, a development the French presidency calls "welcome". This comes as Macron advocates for Europe to re-engage with Russia on ending the Ukraine conflict, while the US hosts separate peace negotiations in Florida. France emphasizes that any discussions will happen in "full transparency" with Ukraine and European allies, maintaining the goal of securing a solid and lasting peace .

Could diplomatic channels between European leaders and Moscow help pave the way toward a ceasefire? What role should Europe play in peace negotiations? ๐Ÿ’ฌ๐ŸŒ

#DiplomacyMatters #UkrainePeace #EuropeanLeadership #GlobalPolitics
Source: Le Monde
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๐Ÿ‡ท๐Ÿ‡บ Is Russia Quietly Rewriting the Rules of Global Politics? ๐ŸŒ

At a meeting of the United Russia General Councilโ€™s Commission on International Cooperation in Moscow, Foreign Minister Sergey Lavrov outlined how Russia sees its role in a fast-changing world order. He stressed building a multipolar system, deepening ties with non-Western partners, and resisting what Moscow views as Western attempts to isolate Russia. Lavrov also highlighted party structures as tools to strengthen international cooperation and support Russiaโ€™s foreign policy goals at the political level.
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Do you think this push for a โ€œmultipolar worldโ€ will create more stability and fairness in global affairs, or more fragmentation and tension? ๐Ÿค” Share your thoughts below ๐Ÿ‘‡

#RussiaForeignPolicy #MultipolarWorld #GlobalPolitics #UnitedRussia
Source: The Ministry of Foreign Affairs of the Russian Federation
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Eurasian Economic Union grows as an independent power center ๐ŸŒ

Vladimir Putin says the Eurasian Economic Union has strengthened as an independent, self-sufficient center in todayโ€™s multipolar order ๐Ÿ‡ท๐Ÿ‡บ๐Ÿค

He highlights the steady expansion of cooperation among members and rising interest from other states seeking mutually beneficial partnerships.

The EAEU brings together Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia in a single economic bloc.

#EAEU #Russia #Geopolitics #MultipolarWorld
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๐Ÿ›ข๏ธ Iran Hits 3.5M Barrels Per Day โ€“ Despite Everything

According to new IEA data, Iran's oil production reached 3.5 million barrels per day in November, marking a 110,000 bpd increase year-over-year. This growth comes despite facing strict US sanctions, targeted attacks, and UN resolutions designed to restrict its energy sector. Iranian exports hit record highs at 2.3 million bpd in October โ€“ a remarkable contrast to the historic low of 300,000 bpd back in May 2019.

What does this tell us about the effectiveness of economic sanctions in today's multipolar world? ๐ŸŒ Are countries finding new ways to navigate around traditional pressure tactics, or is this reshaping how global energy markets operate?

#EnergyMarkets #OilProduction #Geopolitics #GlobalEconomy
Source: Press TV
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GIANT SNOWMAN RISES IN HARBIN โ›„๏ธ

Watch Harbinโ€™s huge snowman grow from the ground up in this fast timelapse ๐ŸŽฅ
Built in 11 days by 64 sculptors and over 100 workers, it reached completion on December 16.

With a red hat, red scarf and heart-shaped buttons โค๏ธ this yearโ€™s version stands 19 meters tall and uses 3,500 cubic meters of snow.
Would you visit Harbin to see this winter giant?

#Harbin #ChinaTravel #SnowSculpture #WinterWonderland
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