The global south breaks away from US-led world order

The global south breaks away from US-led world order
Joining Namibia and Zimbabwe, Ghana is preparing to ban exports of lithium, crucial for EV batteries. (Image: Getty)
Bloomberg
By Michelle Jamrisko and Iain MarlowLet Trade Run Free. Tie your currency to the US dollar. Align your foreign policy with America’s. The US and its western partners wrote these economic rules, a cornerstone of the world order prevailing since World War II. Now developing countries, often called the 'global south', are quietly revising them.The global south sees a chance to chart its own future. Nirupama Menon Rao, a former Indian foreign secretary, points to her country’s spreading of digital payments to developing nat...

More Bloomberg

Politics again becoming a family business in Southeast Asia
Bloomberg Opinion

Politics again becoming a family business in Southeast Asia

Ties that bind powerful political dynasties together are a threat to democracy.

Bloomberg 31 Aug 2024
A year after Maui fires, tourism nears a US$1 billion deficit
Tourism

A year after Maui fires, tourism nears a US$1 billion deficit

Mixed messaging put off tourists, but with empty beaches, now is a great time to visit.

Bloomberg 17 Aug 2024
Buyer scoops up abandoned superyacht for $67 million
Bloomberg

Buyer scoops up abandoned superyacht for $67 million

Russian billionaire denies US Govt claim vessel originally cost him $200 million.

Bloomberg 27 Jul 2024
Coal firm wiping 800-year-old German village off the map
Bloomberg

Coal firm wiping 800-year-old German village off the map

Billionaire's company wants the lignite before it finally abandons the energy source.

Bloomberg 13 Jul 2024