New Development Bank
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The Unit Settlement Instrument and the Material Limits of Multipolar Finance
The BRICS+ pilot of a gold-and-currency basket digital settlement token represents a significant technical experiment in parallel financial infrastructure, yet its trajectory remains constrained by the same capitalist contradictions that produced the dollar-centric order it seeks to circumvent. Editorial Analysis | September 2026 The Unit settlement instrument emerged from a specific historical conjuncture that fundamentally… Continue reading
AI and Digital Control, America, bond market, China, economics, Energy, EUROPE, Financial markets, Foreign Policy, Geopolitics, Global Finance, imperialism, iran, japan, middle east, Mineral Resources, NATO, neocolonialism, politics, reserve currency, warBelt and Road Initiative, Bishkek Declaration, BRICS, de-dollarisation, digital currency, Eurasian connectivity, financial sanctions, gold, Historical Materialism, hybrid warfare, international monetary system, International North–South Transportation Corridor, iran, Michael Hudson, multipolarity, national currencies, New Development Bank, SCO Development Bank, Sergey Glazyev, Shanghai Cooperation Organisation, Unit
