U.S.

BRICS Currency Is Unlikely -- The Dollar Remains the World’s Currency

Antonio Graceffo

The problem with a BRICS currency would be that it would only be useful for purchasing imports from other BRICS countries. It would not be convertible into dollars or other currencies. It could not be used to purchase U.S. Treasury securities nor to pay off foreign debt. It would be impractical for use in FDI, even in other BRICS countries. FDI generally involves construction and infrastructure projects, requiring raw materials that could not be purchased using BRICS currency.

The Coronavirus Pandemic and the Limits of Virtual Social Life

Romin W. Tafarodi

What is missing from these virtual farewells that makes them seem so unfair and distressing? Those who study digital media and communications talk a lot about the reduced “social presence” that characterizes virtual connections. That certainly applies here. But what does the reduction consist of in this case? What would have made the difference? Two channels of social intercourse seem especially important: touch and the opportunity to read the eyes of the other.

The Crisis of Social Media: The Rise of Surveillance and Election Manipulation

Adrian Shahbaz and Allie Funk

In addition to facilitating the dissemination of propaganda and disinformation during election periods, social media platforms have enabled the collection and analysis of vast amounts of data on entire populations. Sophisticated mass surveillance that was once feasible only for the world’s leading intelligence agencies is now affordable for a much broader range of states. Freedom House research indicates that more repressive governments are acquiring social media surveillance tools that employ artificial intelligence to identify perceived threats and silence undesirable expression.

Echoes of Peru in Trump’s America

Andres Tapia

In Peru we met eleven of the fourteen conditions. In the United States today, the rhetoric, actions, and expressed intent of the current administration arguably meet all of them. I have lived this story before and the march towards extreme authoritarianism is one that inexorably follows its own logic to terrible conclusions. This means that now is the time to address the early symptoms.

China and the U.S. Announce New Climate Goals

John H. Cushman, Jr.

The United States and China announced new goals for reducing their global warming pollution in the coming decades, with the U.S. ramping up its rate of decarbonization in five to 10 years and China promising that its carbon emissions will peak in the next 15 years. The announcements, which came at a multinational summit in Beijing Tuesday, made clear for the first time the commitments that the two biggest sources of greenhouse gases will make as part of the urgent United Nations negotiations. 

Iraq’s Unfinished Story: Millions of Refugees Abandoned by the U.S.

Andrew Lam

From New America Media: Each time Uncle Sam ventures abroad, he leaves an unfinished story, and nowhere is it most unfinished than the story of Iraq, where despite flowery speeches regarding freedom and sovereignty by the Obama administration, despite assurances that tyranny has been "cast aside," the tragedy caused by the U.S. invasion, occupation and inevitable abandonment is on an epic proportion.

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