“The postwar geopolitical order rested on three pillars: American hegemony, the fossil-fuel energy system, and an open, multilateral trading order. America has now attacked each pillar at the foundation of its hydrocarbon global order.”
phenomenalworld.org/analysis…
New dispatch alert: #China has made advances in green #energy, manufacturing, and non-dollar trade. But for BRICS, moving away from the #dollar in #trade & finance still remains the biggest challenge.
More in our latest edition of The Polycrisis ⤵️
phenomenalworld.org/analysis…
"For the first time in two centuries, the West is no longer the leader in future technology, but the follower."
That's the key thread in the excellent new @polycrisis piece on the BRICS in 2025 phenomenalworld.org/analysis…
BRICS export ties with the #US have weakened since 2000, except for #India.
While others pulled back, India’s exports to the US have quietly grown.
More on this in our latest edition.⤵️
phenomenalworld.org/analysis…
BRICS is transforming. #Fossil Fuels now account for less than half of the bloc’s total electricity generation.
Read our latest edition to know more⬇️
phenomenalworld.org/analysis…
The global economy is beginning to contend with something it's never seen before: secular decline of oil demand.
Our next @polycrisis panel will discuss the implications across markets, exporting countries, and politics. bit.ly/transition-geopolitic…
China now exports more to the developing world than to the US, EU, and Japan.
New @polycrisis: On South-south relations in an escalating Cold War and republican U.S. congress that refuses to pony up for reform of western institutions like IMF world bank phenomenalworld.org/analysis…
The biggest problem in climate finance today is not derisking per se. It's that policymakers' insist on "unlocking" the private sector in emerging markets without making any efforts to fix the global financial system that warps how investment flows in the first place.
The problem with "mobilizing private capital" to fight climate change in the Global South is that it's way harder than policymakers make it sound. Institutional investors can't do it!
I'm back in @phenomenalworld's @polycrisis series to explain why not:
phenomenalworld.org/analysis…
wanted to title this piece:
Why Are Climate Politics in grip of liberal fantasies?
Subtitle: A big F U to methodological nationalism, liberal individualism and ecological blindness in age of @polycrisis
.....but this is why you have editors 🤪
phenomenalworld.org/analysis…
From the archives, @lachlanrcarey on the structural trends and political pragmatism that led to the Inflation Reduction Act's passage, and what it means: phenomenalworld.org/analysis…
Large Scale Exercise 2023 brings together the combined firepower of the Navy and Marine Corps team across six maritime component commands, seven numbered fleets, and 22 time zones. ⚓️💪 🌎
It is scheduled to run from Aug 9-18.
Watch ⬇️ to learn more about #LSE2023.