Prof. Steve Hanke: BRICS Declares Unilateral Sanctions ILLEGAL —New Delhi Declaration Eviscerates it

This interview explores shifting global power dynamics as BRICS nations push back against US unilateral sanctions and tariffs, viewing them as economic warfare. Representing 40% of global GDP, the Global South is pivoting away from US-dominated institutions, though the bloc needs stronger leadership to turn rhetoric into action. The discussion also covers the Middle East, highlighting the Houthis' strategic control over key chokepoints, Saudi Arabia's growing economic vulnerabilities, and a broader US retreat from the region. Finally, it examines the Ukraine conflict, arguing that Kyiv faces dire military and financial realities as European support dwindles. A must-watch for understanding the transition to a multipolar world.

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