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1 in 35 sustain provable heart damage from vaccines

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1 in 35 sustain provable heart damage from vaccines

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'In healthcare terms this risk is off the scale, given the choice the only close alternative is certain death'

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ARTICLE demonstrates the awareness of BRICS countries to secure non-replicating Covid Vaccines (non MRNA)

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ARTICLE demonstrates the awareness of BRICS countries to secure non-replicating Covid Vaccines (non MRNA)

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https://www.science.org/content/article/russias-covid-19-vaccine-safe-brazils-veto-sputnik-v-sparks-lawsuit-threat-and

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Russia's Brazen Militarisation of BRICS Starts From Here

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The BRICS have made considerable strides in economic cooperation, yet the coalition has not been as successful in formulating and implementing an agenda of its own to address international security despite clear signs that the coalition wishes to promote cooperation in this area.

Security topics have begun to appear more frequently in key BRICS documents. For instance, in the declaration issued at the end of the Goa summit, held in 2016, the number of references to "security" and to "terrorism/terrorist" was comparable to the number of references to "economic".

In addition, the national security advisors of the coalition's member states have held a number of security meetings.

Yet, whereas in development cooperation the BRICS group has made a splash by launching the New Development Bank (NDB), in security there has been no equivalent landmark in the coalition's institutionalization.

Despite the slow pace and fragmented character of this cooperation, any BRICS action in international security - even when confined to vague statements and informal policy coordination - has tended to ring alarm bells among some circles, especially when the coalition draws heavily on the discourse of national sovereignty.

And soon, Security may be an agenda in the BRICS mechanism. Recently, South Africa launched a joint naval exercise with Russia and China on 17th February, a move it is calling routine but which has fuelled domestic criticism and fears the drills will endanger important relations with Western partners.

"These exercises are going to be a lightning rod," said Steven Gruzd, of the South African Institute of International Affairs.

This can have major implications for the broader geopolitical world. Before getting into the nitty gritty of it, let us understand the comprehensive role that BRICS play.

Background:

In the first phase of the BRIC initiative, security clearly occupied a secondary status compared to economic issues, due in part to the economic turmoil that beset global markets starting in 2008.

The first two BRIC summits - those held in Yekaterinburg in 2009 and Brasília in 2010, both prior to the entrance of South Africa - were mostly concerned with countering the ongoing effects of the global 'financial crisis' and ensuring that G20 resolutions would be implemented. The only references to security in those years' declarations appear within the context of food security, although the Brasilia declaration also makes a fleeting reference to the need to combat terrorism.

On the normative side, the BRICS also began to identify some shared principles, including a common respect for "the principle that the use of force should be avoided" and underscored that "the independence, sovereignty, unity and territorial integrity of each nation should be respected.

By the following year , 2012, when the BRICS summit was held in New Delhi, the word security was included in the summit's theme itself: "BRICS Partnership for Global Stability, Security and Prosperity." This remains, as of this writing, the only time the word security has appeared in any BRICS summit heading. Indeed, the New Delhi meeting proved to be something of a landmark in the inclusion of security in the BRICS agenda.

The inclusion of such topics reflects the still-tentative, exploratory nature of early BRICS discussions around international security on the sidelines of the main item on the coalition agenda: economic cooperation.

Significance and attempts of De-Dollarisation:

Moreover, the BRICS countries had a common goal of overhauling the international financial and monetary systems, as well as a strong desire to create a more just and balanced international order. The BRICS community plays a critical role in setting global economic policy and promoting financial stability, accounting for 17% of global trade and one-third of global GDP.

The BRICS countries have made significant contributions to global poverty alleviation. Continued BRICS growth is critical for poverty reduction and decreasing international disparities. Through poverty alleviation and unwavering efforts to bridge inequities, BRICS has recently emerged as the voice of developing countries, or the global South, and has played an essential role in defending the rights of the developing countries of the world.

In fact, there is a significant likelihood that BRICS may grow into a strong bloc given that Saudi Arabia, Argentina, and Iran have lately expressed an interest to join it.

In his recent to the BRICS Business Forum, Russian President Vladimir Putin stated that the minilateral member states were working on developing a new global reserve currency. It is presumed that this global reserve currency, containing the national currencies of the BRICS member states, will be an alternative to the International Monetary Fund's Special Drawing Right (SDR). At a time when Russia is facing unprecedented global sanctions in the wake of the Ukraine invasion, Putin's announcement has underscored the importance of recognising the heterogeneous motives of the BRICS nations to not only facilitate intra-BRICS trade in local currencies, but also firewall their global financial interests.
Whilst Russia and China are leading de-dollarisation initiatives due to their geopolitical rivalry with the US, India, Brazil, and South Africa have supported BRICS' statements on altering the global financial system for their own interests.
Sino-Indian clash:

As we have previously explained , the relations between India and China have been based upon discernments for a really long time. India and China went into war with each other back in 1962 in the aftermath of the dispute. Since then, several border disputes have concerned India and China.

While the case with previous Indian governments was to cede territory and demands of China, with Prime Minister Narendra Modi, that's not the case. The Indian government at present puts national border and security at utmost priority.

The relations started to get bitter between Modi and Xi back in 2017, during the standoff. The dispute over Chinese road construction in Doklam, close to the triangular border region known in Chinese as Donglang, shook the world, eventually, China suffered a setback and had to back off.

Still, the trade and other businesses between the nations carried on. Then in 2020, a major military confrontation in happened, after which ties between India and China took a major toll. Despite numerous meetings between military leaders on the ground and diplomatic communications, the relationship is still in a deep freeze.

There will be no shift in relations between the Asian powers until Xi Jinping is in office in China. If the CCP maintains its hardline position towards India, the future of the BRICS remains gloomy.

If a new leader is elected in China and the CCP finally changes its posture towards India, the core group of the RIC would be stronger than any significant coalition in the world.

Compared to development cooperation, which has emerged as the clearest path of least resistance in BRICS agenda-setting during the group's first decade of existence, international security has proven more elusive.

On the one hand, some advances can be noted and must be understood in light of the BRICS coalition being a relatively recent creation composed of countries that are still "getting to know one another." In terms of coalition institutionalization, security has become a more common topic of discussion at BRICS meetings, including the annual head of state summits and ministerial-level meetings, such as those of the national security advisors.

On the other hand, these discussions have mostly entailed efforts to coordinate general positions on specific conflicts and issues, with only incipient discussions of how to coordinate policies or implement joint action.

The comparatively fragmented nature of this coordination can be understood in light of the internal and external constraints on intra-BRICS collaboration in security, including the lack of a shared spatial interest, asymmetries in influence and status and differing geopolitical concerns. If addressed these contradictions, BRICS could become one of the most potent tools in the geopolitical space.

Now with Russia taking interest in increasing its military presence and influence within the BRICS bloc, things are changing. This recent joint military exercise and Russia's constant military support to South Africa, are signs of Russia's brazen militarisation. With this, it is clear that the Kremlin has ambitions to transform this economic bloc to a military bloc as well. However, this militarisation ambition also highlights the complex geopolitical dynamics at play within the BRICS bloc. As the world continues to shift and evolve, it will be interesting to see how this militarisation plays out and what impact it will have on the future of the BRICS countries and their relations with the rest of the world.

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Russia's Brazen Militarisation of BRICS Starts From Here

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The BRICS have made considerable strides in economic cooperation, yet the coalition has not been as successful in formulating and implementing an agenda of its own to address international security despite clear signs that the coalition wishes to promote cooperation in this area. Security topics have begun to appear more frequently in key BRICS documents.

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Evaluation of mortality attributable to SARS-CoV-2 vaccine administration using national level data from Qatar - Nature Communications

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Despite their demonstrated safety and efficacy1,2,3,4,5,6, COVID-19 vaccine hesitancy and refusal are not uncommon7,8. Though there are scant published data, deaths related to COVID-19 vaccination appear to be extremely rare. The Centers for Disease Control and Prevention (CDC) in the United States received 14,980 reports of death among recipients of >589 million vaccine doses between December 14, 2020 and June 6, 20229. However, after a review of all available information, CDC identified only nine deaths to be causally associated with the J&J/Janssen COVID-19 vaccination9. A systematic review of published studies reporting autopsy data identified only 38 cases causally linked to COVID-19 vaccination, with 22 cases linked to ChAdOx1 nCoV-19, 10 cases to BNT162b2, 4 cases to mRNA-1273, and 2 cases to Ad26.COV2.S vaccines10. Lack of clear and universally accepted criteria are a major limitation in assessing COVID-19 vaccine related deaths, with the onus of assigning causality falling upon the reviewing physician. This likely leads to significant variations in determining the association between vaccination and deaths. We developed a modified algorithm using criteria suggested by the World Health Organization to investigate the relationship between mRNA COVID-19 vaccination and deaths in Qatar at a national level.

As of June 12, 2022, a total of 6,928,359 SARS-CoV-2 vaccine doses had been administered in Qatar11. Over 99% of the vaccines administered were the mRNA vaccines (BNT-162b2 and mRNA-1273). A total of 4413 deaths were recorded during the study period, with 1726 deaths occurring any time after at least one dose of a SARS-CoV-2 vaccine (162 deaths after 1 dose, 1354 deaths after 2 doses, and 210 deaths after 3 doses) (Fig. 1). Fifty-six deaths occurred within 30 days of receiving a first dose (with no second dose administered); 65 within 30 days of the second dose of the vaccine; 17 deaths occurred within 30 days of receiving the third dose of the vaccine (Fig. 1).

Algorithm used to classify the probability of death being associated with COVID-19 vaccination.

The median age of final study group ( N  = 138) was 55 years (IQR 43,70) and the median time from last vaccine to death was 17 days (IQR 11,22). Among them, 113 (81.9%) were male and 31 (22.5%) were Qatari nationals. Among the 138 deaths evaluated, 8 deaths were classified as having high probability of being related to vaccination (1.15 death/1,000,000 vaccine doses administered). Fifteen deaths were classified as having intermediate probability (2.16 death/1,000,000 vaccine doses administered). One hundred and twelve deaths were classified as low probability or not related to vaccination.

Additional analyses

All cases determined to have a high, intermediate, or low probability of association with SARS-CoV-2 vaccination were further individually and separately reviewed by two trained mortality reviewers to assign the most proximal underlying cause(s) that precipitated the terminal event (not "mode of death", i.e., cardiorespiratory arrest, sepsis without further classification, etc.) according to the World Health Organization criteria for assigning cause of death. Cause of death in all eight cases determined to have high probability of association with vaccination was "sudden cardiac death" in persons with no known risk factors for cardiac disease. Details of the underlying causes and contributory factors are provided in Supplementary Table 1.

Since time of death from the time of last vaccination is an arbitrary measure of association, we re-analyzed probability of association using a different time cut-off. Those with no risk factor for mortality were assigned high probability if the death occurred within 15 days, and intermediate probability if death occurred between 16-30 days of vaccine administration. Twenty-nine deaths were thus classified as high probability while 19 deaths were classified as intermediate probability of being related to vaccination.

To our knowledge, this is the first study to report the association between SARS-CoV-2 vaccination and death at a national level. Our results confirm the rarity of association between SARS-CoV-2 vaccination and death.

Crude death rates in Qatar for the years 2019, 2020 and 2021 were 6.60, 7.94, and 8.74 per 100,000 population12. Death rate among the vaccinated persons with high probability of relationship to SARS-CoV-2 vaccination was 0.34 per 100,000 vaccine recipients, while death rate among the vaccinated persons with either high or intermediate probability of relationship to SARS-CoV-2 vaccination was 0.98 per 100,000 (8 deaths classified as high probability and 15 deaths as intermediate probability among 2,347,635 unique persons who received at least one dose of a vaccine). While these are not age- or sex standardized mortality rates, they offer strong reassurance of extremely low rates of mortality attributable to SARS-CoV-2 vaccination, which is far below the overall crude mortality in the general population. With >90% of Qatar's population having received at least two doses of the vaccine, the demographics of the vaccinated population are very likely to mirror those of the general population, excluding very young children who were not eligible for vaccination during the study period. There were 435 COVID-19 related deaths during the study period, with 90% occurring among the unvaccinated individuals, suggesting that the benefits of vaccination far outweigh the potential risks. For comparison, an age- and sex-specific breakdown of deaths in Qatar between 2019-2022 is provided in Supplementary Table 2.

The strengths of our study include availability of complete national data, a comprehensive review of each death, and use of trained medical personnel who used uniform data instruments to assign the probability of association between SARS-CoV-2 vaccination and death. Each case was reviewed by multiple reviewers to minimize individual bias. The major limitation is the lack of autopsies to determine the exact cause of death. Additionally, the time cut-offs chosen to determine the possible relationship were based on clinical experience and expert opinion of the authors since there are no evidence-based guidance available in this regard.

In conclusion, deaths attributable to SARS-CoV-2 mRNA vaccination are rare and the risk is lower than the overall crude mortality rate in Qatar. These results provide strong assurance regarding the safety of the mRNA vaccines. Our study also provides a strong framework and methodology for future studies to determine associations between vaccination and vaccine related deaths.

Study setting and study population

The study was conducted in the State of Qatar between January 1, 2021 and June 12, 2022. Qatar has a robust, centralized national mortality tracking system to examine all deaths in the country. All deaths in Qatar are individually reviewed by trained licensed physicians dedicated to mortality reviews who extract medical data from the electronic health records and assign direct, antecedent, and contributing causes of death for each case using the World Health Organization recommended definitions13. All deaths are processed in the public sector health facilities in Qatar which use an interconnected single electronic health records platform.

For the current study, medical records of all decedents during the study period who received any SARS-CoV-2 vaccine were reviewed. COVID-19 vaccination data for all decedents were retrieved from the Qatar National COVID-19 Database3,4,5,6. Those who had died within 30 days of receiving a SARS-CoV-2 vaccine dose were eligible for inclusion in the study.

Vaccination and COVID-19 testing data

This study was conducted in the resident population of Qatar. COVID-19 laboratory testing, vaccination, and clinical infection data were extracted from the integrated, nationwide, digital-health information platform that hosts the national, federated severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) databases. These databases are complete with no missing information for polymerase chain reaction testing, COVID-19 vaccinations, COVID-19 hospitalizations, and basic demographic details, and have captured all SARS-CoV-2-related data since epidemic onset. Nearly all individuals were vaccinated in Qatar, through the universal public healthcare system for all nationals and residents of Qatar. For rare individuals who received COVID-19 vaccination outside Qatar, vaccination details were recorded in the health system at the port of entry upon return to Qatar, in order to fulfill national requirements and to benefit from privileges associated with vaccination, such as quarantine exemption5,14,15,16,17,18.

Ascertainment of probability of death related to vaccination

We developed an algorithm to determine the probability of a death being related to COVID-19 vaccine administration using a framework similar to the one proposed by the World Health Organization, which takes into account evidence of any other cause of death, temporal association with vaccination, and lack of any other possible explanation19,20 (Fig. 2). Four licensed physicians were trained on the algorithm criteria to independently assign the probability of a death being related to vaccine administration. Final categorization was based on at least three reviewers assigning the same level of probability. Where less than three reviewers assigned the same probability of association, one additional reviewer adjudicated the outcome.

Study flow sheet demonstrating the individuals included in the analysis and the numbers of deaths with the probability of their relationship to SARS-CoV-2 vaccination.

We created four categories of probability of association with SARS-CoV-2 vaccination: Not Related; Low Probability; Intermediate Probability; and High Probability. Cases with more than 2 levels of probability assigned by the four primary reviewers were classified as indeterminate. If a clear alternate and completely unrelated cause of death was identified (e.g., road traffic accident, suicide/homicide, widely metastatic cancer under palliative care), the death was classified as being not related to the vaccination. Presence of one or more severe underlying conditions associated with high risk of mortality (e.g., chronic advanced heart failure, pre-existing atherosclerotic heart disease with prior major adverse cardiovascular events) and physician documentation in the medical records of those contributing directly to death were used to assign low probability, while presence of one or more stable underlying conditions with low risk of short-term mortality and study reviewers' confirmation of no clear alternate cause of death were used to assign intermediate probability of relationship to vaccination. Those with no underlying conditions and no plausible risk factor for death noted in the medical records or identified by reviewers were further subclassified based on time of death from last SARS-CoV-2 vaccination. Deaths occurring within 5 days of vaccination were classified as having high probability, deaths between 6-15 days as intermediate probability, and deaths occurring 16-30 days as having low probability of being causally associated with vaccination (Fig. 2).

All cases determined to have high or intermediate probability of association with SARS-CoV-2 vaccination were further reviewed to ascertain the underlying and contributory cause(s) of death by two trained mortality reviewers using the World Health Organization classification system. This review was specifically intended to identify the cause(s) that directly led to the precipitation of the terminal event that resulted in death.

Data were collected and analyzed in Microsoft Excel for Microsoft 365, Microsoft Corporation, Redmond, WA, USA.

Ethical considerations

The study was approved by the Institutional Review Board at Hamad Medical Corporation. A waiver of informed consent was granted for the study since only decedents records were reviewed and all identifiers were subsequently removed.

Reporting summary

Further information on research design is available in the Nature Portfolio Reporting Summary linked to this article.

The authors are grateful for the leadership and assistance provided by the Ministry of Public Health in Qatar, the System-Wide Incident Command and Control Center and the Business Intelligence Unit at Hamad Medical Corporation, and all the dedicated frontline healthcare workers who have selflessly served and provided care and comfort to all patients in Qatar. The views expressed in this article are those of the authors and do not necessarily represent official government views or policy of the State of Qatar or Hamad Medical Corporation. The study was partly funded by the Medical Research Center at Hamad Medical Corporation, Doha, Qatar (MRC-01-20-1078; A.A.B.).

Open Access funding provided by the Qatar National Library.

Authors and Affiliations

1. Corporate Quality and Patient Safety Department, Hamad Medical Corporation, Doha, Qatar

Adeel A. Butt, Mylai D. Guerrero, Elenor B. Canlas, Husni Al-Dwairi, Ali Ahmed Sheikh Saleh Alkeldi, Mohammad Fawaz Saber Mohammad, Anil G. Thomas & Abdul-Badi Abou-Samra

2. Department of Medicine, Weill Cornell Medicine, New York, NY, USA

Adeel A. Butt

3. Department of Population Health Sciences, Weill Cornell Medicine, New York, NY, USA

Adeel A. Butt

4. Department of Medicine, Weill Cornell Medicine, Doha, Qatar

Adeel A. Butt & Abdul-Badi Abou-Samra

5. Department of Population Health Sciences, Weill Cornell Medicine, Doha, Qatar

Adeel A. Butt

6. Communicable Diseases Center, Hamad Medical Corporation, Doha, Qatar

Abeir Bakhiet Mohammed Ali Alimam, Abdur Rehman Mohamad, Abdullatif Al-Khal & Muna Al-Maslamani

7. Heart Hospital, Hamad Medical Corporation, Doha, Qatar

Mohammed Thamer Ali & Nidal Ahmad Asaad

Contributions

Concept and study design: A.A.B. Drafting of the manuscript: A.A.B. Data acquisition: M.D.G., E.B.C., H.A., A.A.S.S.A., and M.F.S.M. Data analysis and interpretation: A.A.B. Critical appraisal and review: A.A.B., M.D.G., E.B.C., H.A., A.B.M.A., A.R.M., M.T.A., N.A.A., A.A.S.S.A., M.F.S.M., A.G.T., A.A., M.A., and A.B.A.S. Final approval of the article: A.A.B., M.D.G., E.B.C., H.A., A.B.M.A., A.R.M., M.T.A., N.A.A., A.A.S.S.A., M.F.S.M., A.G.T., A.A., M.A., and A.B.A.S.

Corresponding author

Correspondence to Adeel A. Butt.

Competing interests

A.A.B. has received investigator initiated grant funding from Gilead Sciences and Merck and Company (to the institution, Veterans Health Foundation of Pittsburgh) which is unrelated to the work presented here. Other authors declare no conflict of interest regarding the content of this article.

Peer review information

Nature Communications thanks the anonymous reviewer(s) for their contribution to the peer review of this work.

Publisher's note Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made. The images or other third party material in this article are included in the article's Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the article's Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/.
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Evaluation of mortality attributable to SARS-CoV-2 vaccine administration using national level data from Qatar - Nature Communications

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This study assesses the probability that deaths following a COVID-19 vaccination are attributable to the vaccine. The authors review all deaths that occurred within 30 days of vaccine receipt in Qatar until June 2022 and find that deaths attributable to vaccination are extremely rare.

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Turkey, Bulgaria, Romania.. Iran, Saudi Arabia, Belarus... Junior rank BRICS candidates line-up

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Turkey, Bulgaria, Romania.. Iran, Saudi Arabia, Belarus... Junior rank BRICS candidates line-up

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https://youtu.be/MN315cA3Aaw

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Highly vaccinated Germans, users of Pfizer, Moderna and Astra Zeneca, now suffering Sudden Deaths, Strokes, Heart Attacks at record levels

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ATHLETES, YOUNG PEOPLE, HEALTHY ADULTS DEATH RATE HIGHER THAN AT LOCKDOWN IN MARCH 2020

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Excess NON COVID deaths & reduced fertility EU & US

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Excess NON COVID deaths & reduced fertility EU & US

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How Many Countries Who Used mRNA Vax Are Not Dying Fast?

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How Many Countries Who Used mRNA Vax Are Not Dying Fast?

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Iranian Virologist Expertly Reveals Why mRNA Vaccines Not Safe Or Effective

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Iranian Virologist Expertly Reveals Why mRNA Vaccines Not Safe Or Effective

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One of my first clues as to what's happening

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Singapore's 2022 Deaths - Highest Record in 62 years!!!

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Singapore's 2022 Data just dropped, and it is an absolute disaster. It recorded a 10.4% death over the previous year, the largest increase in 62 years since it started record keeping (the city-state celebrated its 65th National Independence Day in 2022). The number is staggering because the number of deaths in 2021 is already the highest in 61 years (10.1%). Comparing the number of deaths over the pre-pandemic year 2019 is a staggering 25% increase!

On top of that, it also recorded the highest number of perinatal deaths in 20 years. The perinatal mortality rate per thousand Live births and Stillbirths was 4.6, a 58.6% increase over 2021!!

Perinatal Death is "stillbirth and death of babies under seven days of age".

I have been monitoring Singapore's data closely because it is a highly controlled environment. The data is extremely clean, and there is no reason to believe any data has been fudged (like the recently released UK ONS data). I loved looking at Singapore's data because they are reliable and accurate. There is no reason to think the data is "massaged" in any way.

More than 85% of its population has been vaccinated ( SOURCE), and it has one of the best Healthcare systems in the world. There are no strains in their healthcare and no shortage of workers. The country is geographically located near the equator; it is summer all year, so deaths due to climate change are not a significant factor.

I worked at Big Pharma in Singapore for a few years. The government is highly efficient, as efficient as the private sector because it pays well to work in the public sector in Singapore. Heck, the Prime Minister in Singapore earns more than twice that of other country heads worldwide.

Over the last three years, the number of COVID deaths in Singapore was 1,712 (2.3% of total deaths of 73,175 between 2020-2022). It is only a fraction of the record excess deaths.

Unfortunately, they do not release death data by vaccination status. But we can see that COVID deaths started right after mass vaccination campaigns began on Dec 30, 2020, and deaths have skyrocketed for two years in a row.

The data is fresh out of the oven. It is good to wait for the dust to settle and give time to reflect on the data. It is also essential to listen to all sides of the argument.
But right now, it isn't looking great!
On a separate note, I would like to share a new Substack. In this substack, I am focussing on Christianity. We are in a spiritual battle, and a spiritual battle requires an understanding of the spiritual battlefield. If you are interested, please subscribe here!

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Singapore's 2022 Deaths - Highest Record in 62 years!!!

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Singapore's 2022 Data just dropped, and it is an absolute disaster. It recorded a 10.4% death over the previous year, the largest increase in 62 years since it started record keeping (the city-state celebrated its 65th National Independence Day in 2022).

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Column: Is Brazil another BRIC in the wall?

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LONDON, Jan 11 (Reuters) - Almost as surprising as the weekend's shock events in Brasilia was how little world markets appeared to react - showing investors may already be braced for an era of more volatile geopolitics after 2022's tensions over Russia and China.

And yet just a year after most markets dismissed the chances of a full-scale Russian invasion of Ukraine, despite Moscow massing troops on the border for several weeks and despite the severity of the subsequent economic fallout around the world, it is still odd to see another significant political tail risk almost ignored.

To be sure, some downplay the events as a shock per se. Many voices in Brazil reckon Sunday's storming of the presidential palace, Congress and Supreme Court by thousands of supporters of former far-right President Jair Bolsonaro was no real surprise at all - and it merely underlined the country's deep divisions.

Bolsonaro, seen an acolyte of ex-U.S. President Donald Trump, has yet to concede defeat in October's elections and has made false claims that Brazil's electronic voting system was prone to fraud, spawning a violent movement of election deniers.

The attack on government buildings came just days after the inauguration of leftist Luiz Inacio Lula Da Silva, the victor in October's tight election.

Lula appears to have restored order to the capital amid thousands of arrests. And critically, for a country that ended two decades of military rules only as recently as 1985, the army has so far not reacted to protester demands for a coup.

Investors quizzed for their initial reaction appeared to see the whole event as a one-off and preferred to stay focussed on Lula's economic plans and spending pledges instead. The real and stock market barely flinched on Monday, with spreads on Brazil's sovereign dollar bonds steady to date also.

Credit firm Moody's said it did not see Sunday's riots affecting the country's Ba2 long-term sovereign rating by themselves. While negative credit implications could arise if violent acts persist and lead to economic disruptions, it added that it saw the probability of that happening as small.

It did not address wider institutional concerns about the resilience of Brazilian democracy or risk of military rule and how allied Western democracies, who widely condemned the weekend riots, may be forced to react to such an extreme outcome in terms of sanctions.

So perhaps it was just another volatile day in edgy Brazilian politics and everyone's seen it all before.

BRICKBATS

Yet Brazil's assets do not, on the face of it, look like beaten-down bargains that have priced all the worst-case scenarios. Buoyed by commodity price windfalls that followed the Ukraine invasion last year, the real and Brazil's leading stocks outperformed most other major economies over the past 12 months.

What many banks point to is the assumed risk premium already built in to Brazilian real interest rates.

For one, the central bank was one of the first to start raising interest rates after the pandemic recession and lifted its policy rate by more than 10 percentage points to 13.8% since early 2021. They have remained at that levels since August, right through the election process, and are the highest among the major developing economies even as domestic inflation almost halved last year from the 10% rate seen in 2021.

JPMorgan strategists said their short-term valuation model put the real's fair valued around 5.15 per dollar - about 4% stronger than where it started the year and leaving its risk premium amounting to a "reasonable" 1.5 standard deviation. It also said data showed foreign positioning in real was near the lows of the past two years.

Goldman Sachs reckoned rising inflation-adjusted interest rates keep the currency attractive and its metrics suggest an "idiosyncratic risk-premium" of almost 20% in the real - leaving room for gains even if markets continue to price some political tail risks.

But beyond Brazilian markets, the wide global markets calm surrounding the weekend events was equally curious.

After all, Brazil is the 12th largest economy in the world and one of the biggest food and raw materials exporters. With global inflation the economic bogeyman of the moment, anything that threatens shortages or another supply shock there may reasonably create waves.

And how might a threat to democracy in Brazil position the country relative to the major Western allies or other autocracies within the long-standing BRIC grouping of giant emerging economies including Russia, India and China?

But maybe investors are already across this.

According to the surge late last year in BlackRock's geopolitical risk indicator - which tracks the relative frequency of news and brokerage reports on specific geopolitical risks - investors are paying more attention to these risks than they have for at least five years.

Among the 10 biggest risks it lists by likelihood is emerging markets political risks that threaten political institutions.

Kicking off its conference on the markets outlook for 2023 on Tuesday, Goldman Sachs focussed on geopolitics as the dominant theme.

Goldman adviser and former head of Britain's MI6 intelligence service Alex Younger said the recent past may not be a good guide to how things pan out from here.

"Maybe economics does win out in the end, but at the moment geopolitics is ascendant," he said. "The past 30 years were likely the aberration. Get away from the idea of some mean reversion."
The opinions expressed here are those of the author, a columnist for Reuters.
By Mike Dolan in London Editing by Matthew Lewis

Our Standards: The Thomson Reuters Trust Principles.

Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Thomson Reuters

Mike Dolan is Reuters Editor-at-Large for Finance & Markets and has worked as an editor, correspondent and columnist at Reuters for the past 26 years - specializing in global economics, policymaking and financial markets across the G7 and emerging economies. Mike is currently based in London, but has also worked in Washington DC and Sarajevo and has covered news events from dozens of cities across the world. A graduate in economics and politics from Trinity College Dublin, Mike previously worked with Bloomberg and Euromoney and received Reuters awards for his work during the financial crisis in 2007/2008 and on frontier markets in 2010. He was a regular Reuters columnist in the International New York Times between 2010 and 2015 and currently writes twice weekly columns for Reuters on macro markets and investing.

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Column: Is Brazil another BRIC in the wall?

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LONDON, Jan 11 (Reuters) - Almost as surprising as the weekend's shock events in Brasilia was how little world markets appeared to react - showing investors may already be braced for an era of more volatile geopolitics after 2022's tensions over Russia and China.

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Why is South Africa’s navy joining exercises with Russia and China?

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South Africa's Navy Joins Russia And China In Military Exercises

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South Africa's Navy Joins Russia And China In Military Exercises

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Why is South Africa’s navy joining exercises with Russia and China?

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Opposition parties and the US criticise the 10-day naval drills during the conflict in Ukraine.

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Sputnik V exports from Russia by country 2022 | Statista

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Russia was to export 250 million doses of the coronavirus (COVID-19) vaccine Sputnik V to India, which was among the major planned producers of the vaccine. In total, Indian companies planned to produce at least 1,152 million doses of Sputnik V per year. Furthermore, Mexico ordered a total of 24 million doses of the vaccine. Sputnik V was authorized in more than 70 countries worldwide as of January 2022. Russia applied for the vaccine approval in the European Union in January 2021, while several EU countries approved its use earlier, such as Hungary or Slovakia.

Russia's first vaccine against COVID-19

In August 2020, Russia registered Sputnik V, the world's first approved vaccine against COVID-19, which was developed at Gamaleya Research Institute in Moscow. After the third phase of clinical trials, the vaccine's effectiveness was measured at 91.6 percent. The mass vaccination in Russia started in January 2021. In December 2020, 30 percent of Russians would get vaccinated against COVID-19 with Sputnik V.

Is Sputnik V available abroad?

In total, over 50 countries worldwide placed orders for Sputnik V from Russia. As of January 2021, The vaccine was used for vaccination in Russia, Belarus, Serbia. In October 2020, Russia applied for prequalification of Sputnik V at the WHO to speed up its availability worldwide. Other countries that would produce the vaccine, such as Brazil, China, India, or the Republic of Korea, would also sell it abroad. Among several countries surveyed in November 2020, the highest level of awareness about Sputnik V was recorded in Mexico.

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Sputnik V exports from Russia by country 2022 | Statista

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Russia was to export 250 million doses of the coronavirus (COVID-19) vaccine Sputnik V to India, which was among the major planned producers of the vaccine. In total, Indian companies planned to produce at least 1,152 million doses of Sputnik V per year. Furthermore, Mexico ordered a total of 24 million doses of the vaccine.

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Why Argentina & Iran wants to join BRICS group | BRICS summit 2022  | Geopolitics

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Why Argentina & Iran wants to join BRICS group | BRICS summit 2022  | Geopolitics

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Moderna offers NIH co-ownership of COVID vaccine patent amid dispute with government

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Moderna offers NIH co-ownership of COVID vaccine patent amid dispute with government

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Activists have been pushing the Biden administration to “reclaim” ownership over the vaccine, in hopes of increasing global access.

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International demand for Russia’s Sputnik V vaccine soars

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International demand for Russia’s Sputnik V vaccine soars

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Data pipeline - COVID-19 dataset by Our World in Data 0.0.1.dev0 documentation

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Data pipeline - COVID-19 dataset by Our World in Data 0.0.1.dev0 documentation

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Our vaccination dataset uses the most recent official numbers from governments and health ministries worldwide. Population estimates for per-capita metrics are based on the United Nations World Population Prospects. Income groups are based on the World Bank classification. A full list of our country-specific sources is available at the bottom of this page, and we also answer frequently-asked questions there.

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Israel: Despite High Vaccination Rate, COVID Deaths & Excess Mortality Are Highest of The Pandemic

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Israel: Despite High Vaccination Rate, COVID Deaths & Excess Mortality Are Highest of The Pandemic

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Jose Gefaell, a successful tech entrepreneur who had a long career in the banking industry and holds a...

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Japan's H1 excess mortality 'highest since COVID-19 pandemic began'

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The number of excess deaths in Japan was estimated to have reached between 17,000 and 46,000 in the first six months of the year, the highest figure since the COVID-19 pandemic began in early 2020, local research data showed.

The estimates were compiled by organizations including the National Institute of Infectious Diseases, an institution under the Ministry of Health, Labor and Welfare.

According to statistics from the ministry and Kyodo News, Japan's total number of deaths during the six-month period came in at 777,000, and more than 12,800 people died from COVID-19 infections, Kyodo News reported.

Experts believed that apart from direct deaths due to COVID-19, the increase in excess mortality can also be attributed to deaths indirectly caused by the pandemic, citing deaths from other diseases due to the inability to access medical institutions and worsened chronic illnesses due to lifestyle changes, as well as suicides due to economic hardships, the media reported.

The number of deaths from diseases and accidents other than COVID-19 decreased due to thorough prevention and control measures when the outbreak initially began in 2020, when the overall number of deaths also decreased, according to the Ministry of Health, Labor and Welfare.

In 2021, however, more than 1.43 million people died, the highest number recorded in the post-war (World War II) period, due to factors including the spread of the Delta variant of COVID-19.

Experts predicted that in 2022, the number of deaths in Japan is likely to exceed that in 2021 due to the impact of the Omicron variant.

Excess mortality, which indicates how much the number of actual deaths during a certain period is higher than the forecasts based on the usual level, is a common index used to study the impact of epidemics caused by infectious diseases.

Source(s): Xinhua News Agency

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Japan's H1 excess mortality 'highest since COVID-19 pandemic began'

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The number of excess deaths in Japan was estimated to have reached between 17,000 and 46,000 in the first six months of the year, the highest figure since the COVID-19 pandemic began in early 2020, local research data showed.

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AOL is part of the Yahoo family of brands

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AOL is part of the Yahoo family of brands

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We, AOL, are part of the Yahoo family of brands.

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8

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Tory MP suspended over Covid vaccine comments

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MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8
— BBC Breaking News (@BBCBreaking) January 11, 2023

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8

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Tory MP suspended over Covid vaccine comments

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MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8

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UK MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says https://t.co/lzu7fjgVs8

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Tory MP suspended over Covid vaccine comments

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MP Andrew Bridgen suspended by Conservative party for spreading misinformation about Covid vaccine, chief whip says

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Deagel 2025 Population and Output Forecast Revisited | Essential Guide | The_Void

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The desire for huge depopulation
is written in stone

"These predictions are NOT facts, we cannot state that certain countries are going to face such and such a fall in their populations precisely down to the hundred thousand mark..."
James Corbett | The Corbett Report

GDP: Gross Domestic Product (USD millions)

ME: Military Expenditures (USD millions)

PPP: Power Purchase Parity (USD)

As they put it,

"...the death toll will be horrible."

That's pretty darn specific!

There have been many questions about the countries forecast specially the one focusing on the United States of America (USA). They won't be answered one by one but below you can find some explanation, thoughts and reflections. We are going to keep this as short as possible.

The majority of the economic and demographic data used in the making of the forecasts is widely available by institutions such as the CIA, IMF, UN, USG, etc. You can see the most relevant data at every single country's page. There is a tiny part of data coming from a variety of shadow sources such as Internet gurus, unsigned reports and others. But all these sources are from the internet and are of public domain for at least a minority. For example, several years ago Dagong, the Chinese ratings agency, published a report analyzing the physical economy of the States comparing it with those of China, Germany and Japan. The conclusion was that the US GDP was something between $5 to $10 trillion instead of $15 trillion as officially reported by the USG. We assume that the official data, especially economic, released by governments is fake, cooked or distorted in some degree. Historically it is well known that the former Soviet Union was making up fake statistics years before its collapse. Western as well as other countries are making up their numbers today to conceal their real state of affairs. We are sure that many people out there can find government statistics in their own countries that by their own personal experience are hard to believe or are so optimistic that may belong to a different country.

Despite the numeric data "quantity" there is a "quality" model which has not a direct translation into numeric data. The 2014 strain of Ebola has a death rate of 50-60% but try to imagine what would happen if there is a no pandemic of Ebola with hundreds of thousands or millions infected with the virus. So far the few cases of Ebola-infected people have "enjoyed" intensive healthcare with anti-viral and breathing assistance but above all with abundant human support by Physicians and nurses. In a pandemic scenario that kind of healthcare won't be available for the overwhelming number of infected leading to a dramatic increase of the death rate due to the lack of proper healthcare. The "quality" factor is that the death rate could increase to 80-90% in a pandemic scenario from the stated 50-60% rate. The figure itself is not important what is relevant is the fact that the scenario can evolve beyond the initial conditions from a 50% death toll to more than 90%. By the way, pandemic or nuclear war is included in the forecast.

The key element to understand the process that the USA will enter in the upcoming decade is migration. In the past, specially in the 20th century, the key factor that allowed the USA to rise to its colossus status was immigration with the benefits of a demographic expansion supporting the credit expansion and the brain drain from the rest of the world benefiting the States. The collapse of the Western financial system will wipe out the standard of living of its population while ending ponzi schemes such as the stock exchange and the pension funds. The population will be hit so badly by a full array of bubbles and ponzi schemes that the migration engine will start to work in reverse accelerating itself due to ripple effects thus leading to the demise of the States. This unseen situation for the States will develop itself in a cascade pattern with unprecedented and devastating effects for the economy. Jobs offshoring will surely end with many American Corporations relocating overseas thus becoming foreign Corporations!!!! We see a significant part of the American population migrating to Latin America and Asia while migration to Europe - suffering a similar illness - won't be relevant. Nevertheless the death toll will be horrible. Take into account that the Soviet Union's population was poorer than the Americans nowadays or even then. The ex-Soviets suffered during the following struggle in the 1990s with a significant death toll and the loss of national pride. Might we say "Twice the pride, double the fall"? Nope. The American standard of living is one of the highest, far more than double of the Soviets while having added a services economy that will be gone along with the financial system. When pensioners see their retirement disappear in front of their eyes and there are no servicing jobs you can imagine what is going to happen next. At least younger people can migrate. Never in human history were so many elders among the population. In past centuries people were lucky to get to their 30s or 40s. The American downfall is set to be far worse than the Soviet Union's one. A confluence of crisis with a devastating result.

The Demographic crisis in the former Soviet Union countries has extended for over two decades, if we accept that it ended early in this decade (2010s). The demographic crisis will hit the World in the near future and is projected to last between three and eight decades more or less depending on technological breakthrough and environmental issues. The aftermath is more likely a frozen picture with the population numbers staying the same for a very, very long period of time. The countries forecast population numbers do reflect birth/deaths but also migratory movements. Many countries are going to increase their gross population due to immigration while their native population may shrink.

Over the past two thousand years we have witnessed the Western civilization built around the Mediterranean Sea shifting to Northern Europe and then by the mid 20th century shifting to an Atlantic axis to finally get centered into the States in the past 30 years. The next move will see the civilization being centered in Asia with Russia and China on top. Historically a change in the economic paradigm has resulted in a death toll that is rarely highlighted by mainstream historians. When the transition from rural areas to large cities happened in Europe many people unable to accept the new paradigm killed themselves. They killed themselves by a psychological factor. This is not mainstream but it is true. A new crisis joins old, well known patterns with new ones.

Sorry to disappoint many of you with our forecast. It is getting worse and worse every year since the beginning of the pre-crisis in 2007. It is already said that this website is non-profit, built on spare time and we provide our information and services AS IS without further explanations and/or guarantees. We are not linked to any government in any way, shape or form. We are not a death or satanic cult or arms dealers as some BS is floating around the internet on this topic. Take into account that the forecast is nothing more than a model whether flawed or correct. It is not God's word or a magic device that allows to foresee the future.
Sunday, October 26th, 2014 | Deagel
In 2014 we published a disclaimer about the forecast. In six years the scenario has changed dramatically. This new disclaimer is meant to single out the situation from 2020 onwards. Talking about the United States and the European Union as separated entities no longer makes sense. Both are the Western block, keep printing money and will share the same fate.

After COVID we can draw two major conclusions:

1. The Western world success model has been built over societies with no resilience that can barely withstand any hardship, even a low intensity one. It was assumed but we got the full confirmation beyond any doubt.

2. The COVID crisis will be used to extend the life of this dying economic system through the so called Great Reset.

The Great Reset; like the climate change, extinction rebellion, planetary crisis, green revolution, shale oil (...) hoaxes promoted by the system; is another attempt to slow down dramatically the consumption of natural resources and therefore extend the lifetime of the current system. It can be effective for awhile but finally won't address the bottom-line problem and will only delay the inevitable. The core ruling elites hope to stay in power which is in effect the only thing that really worries them.

The collapse of the Western financial system - and ultimately the Western civilization - has been the major driver in the forecast along with a confluence of crisis with a devastating outcome. As COVID has proven Western societies embracing multiculturalism and extreme liberalism are unable to deal with any real hardship. The Spanish flu one century ago represented the death of 40-50 million people. Today the world's population is four times greater with air travel in full swing which is by definition a super spreader. The death casualties in today's World would represent 160 to 200 million in relative terms but more likely 300-400 million taking into consideration the air travel factor that did not exist one century ago. So far, COVID death toll is roughly 1 million people. It is quite likely that the economic crisis due to the lockdowns will cause more deaths than the virus worldwide.

The Soviet system was less able to deliver goodies to the people than the Western one. Nevertheless Soviet society was more compact and resilient under an authoritarian regime. That in mind, the collapse of the Soviet system wiped out 10 percent of the population. The stark reality of diverse and multicultural Western societies is that a collapse will have a toll of 50 to 80 percent depending on several factors but in general terms the most diverse, multicultural, indebted and wealthy (highest standard of living) will suffer the highest toll. The only glue that keeps united such aberrant collage from falling apart is overconsumption with heavy doses of bottomless degeneracy disguised as virtue. Nevertheless the widespread censorship, hate laws and contradictory signals mean that even that glue is not working any more. Not everybody has to die migration can also play a positive role in this.

The formerly known as second and third world nations are an unknown at this point. Their fate will depend upon the decisions they take in the future. Western powers are not going to take over them as they did in the past because these countries won't be able to control their own cities far less likely countries that are far away. If they remain tied to the former World Order they will go down along Western powers but won't experience the brutal decline of the late because they are poorer and not diverse enough but rather quite homogenous used to deal with some sort of hardship but not precisely the one that is coming. If they switch to China they can get a chance to stabilize but will depend upon the management of their resources.

We expected this situation to unfold and actually is unfolding right now with the November election triggering a major bomb if Trump is re-elected. If Biden is elected there will very bad consequences as well. There is a lot of bad blood in the Western societies and the protests, demonstrations, rioting and looting are only the first symptoms of what is coming. However a new trend is taking place overshadowing this one.

The situation between the three great powers has changed dramatically. The only relevant achievement of the Western powers during the past decade has been the formation of a strategic alliance, both military and economic, between Russia and China. Right now the potential partnership between Russia and the European Union (EU) is dead with Russia turning definitively towards China. That was from the beginning the most likely outcome. Airbus never tried to establish a real partnership but rather a strategy to fade away the Russian aerospace industry. Actually Russia and China have formed a new alliance to build a long haul airliner. Western Europe (not to mention the United States) was never interested in the development of Russia or forming anything other than a master slave relationship with Russia providing raw materials and toeing the line of the West. It was clear then and today is a fact.

Russia has been preparing for a major war since 2008 and China has been increasing her military capabilities for the last 20 years. Today China is not a second tier power compared with the United States. Both in military and economic terms China is at the same level and in some specific areas are far ahead. In the domain of high-tech 5G has been a success in the commercial realm but the Type 055 destroyer is also another breakthrough with the US gaining a similar capability (DDG 51 Flight IIII) by mid of this decade (more likely by 2030). Nanchang, the lead ship of the Type 055 class, was commissioned amid the pandemic and lockdown in China.

Six years ago the likelihood of a major war was tiny. Since then it has grown steadily and dramatically and today is by far the most likely major event in the 2020s. The ultimate conflict can come from two ways. A conventional conflict involving at least two major powers that escalates into an open nuclear war. A second scenario is possible in the 2025-2030 timeframe. A Russian sneak first strike against the United States and its allies with the new S-500, strategic missile defenses, Yasen-M submarines, INF Zircon and Kalibr missiles and some new space asset playing the key role. The sneak first strike would involve all Russian missile strategic forces branches (bombers and ground-based missiles) at the different stages of such attack that would be strategic translation of what was seen in Syria in November 2015. There was no report that the Russian had such a capability of launching a high precision, multiple, combined arms attack at targets 2,000+ kilometers away. Western intelligence had no clue. The irony is that since the end of the Cold War the United States has been maneuvering through NATO to achieve a position to execute a first strike over Russia and now it seems that the first strike may occur but the country finished would be the United States.

Another particularity of the Western system is that its individuals have been brainwashed to the point that the majority accept their moral high ground and technological edge as a given. This has given the rise of the supremacy of the emotional arguments over the rational ones which are ignored or deprecated. That mindset can play a key role in the upcoming catastrophic events. At least in the Soviet system the silent majority of the people were aware of the fallacies they were fed up. We can see the United States claims about G5 being stolen from them by China or hypersonic technology being stolen by Russia as the evidence that the Western elites are also infected by that hubris. Over the next decade it will become obvious that the West is falling behind the Russia-China block and the malaise might grow into desperation. Going to war might seem a quick and easy solution to restore the lost hegemony to finally find them into a France 1940 moment. Back then France did not have nuclear weapons to turn a defeat into a victory. The West might try that swap because the unpleasant prospect of not being Mars and Venus but rather a bully and his dirty bitch running away in fear while the rest of the world is laughing at them.

If there is not a dramatic change of course the world is going to witness the first nuclear war. The Western block collapse may come before, during or after the war. It does not matter. A nuclear war is a game with billions of casualties and the collapse plays in the hundreds of millions.
This website is non-profit, built on spare time and we provide our information and services AS IS without further explanations and/or guarantees. We are not linked to any government. Take into account that the forecast is nothing more than a game of numbers whether flawed or correct based upon some speculative assumptions. Friday, September 25th, 2020
Bon voyage.
The_Void.
Source: http://deagel.com
2017 forecast from 2008 Reported data for 2017 US 2017 forecast US 2017 data Metabunk thread on Deagel forecast

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Deagel 2025 Population and Output Forecast Revisited | Essential Guide | The_Void

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"These predictions are NOT facts, we cannot state that certain countries are going to face such and such a fall in their populations precisely down to the hundred thousand mark..." James Corbett | The Corbett Report GDP: Gross Domestic Product (USD millions) ME: Military Expenditures (USD millions) PPP: Power Purchase Parity (USD) As they put it, "...the death toll will be horrible."

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BRICS undermine dollar hegemony with gold purJust before the New Year, the Financial Times ran a piece noting that central banks were accumulating gold at a rate not seen in 55 years. In the third quarter of 2022, analysts estimate that almost 400 tonnes of gold were bought by central banks. That much gold would take around 16 semi-trailer trucks to transporchases

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Central banks have been accumulating the precious metal at a record rate

Just before the New Year, the Financial Times ran a noting that central banks were accumulating gold at a rate not seen in 55 years. In the third quarter of 2022, analysts estimate that almost 400 tonnes of gold were bought by central banks. That much gold would take around 16 semi-trailer trucks to .

In November, traders in the gold market noted that there was a huge buyer entering the market and purchasing very large volumes of gold - a so-called 'whale'. In December it was that this whale was the Chinese central bank. But it wasn't just the Chinese buying gold. Other include Turkey, India, Uzbekistan, Egypt, Qatar, and Iraq. It is worth noting that many of these countries have expressed an interest in joining the BRICS+ alliance.

Why are central banks snapping up gold? Most commentators recognise that it is due to geopolitical turmoil. Jonathan Guthrie at the , for example, that "gold is the currency of fear and mistrust," and that "the democratic west and the authoritarian east are pulling apart amid mutual recriminations". Guthrie is certainly correct that a geopolitical schism is taking place, but since when is gold the currency of mistrust? Throughout history gold-backing has been used to buttress trust in currencies - when sterling was the global reserve currency it was said to be "good as gold".

Our period of paper currency is the exception rather than the rule, and it only started in 1971 when the US dollar link to gold was broken. It was 1967 which saw levels of gold purchases by central banks comparable to what we observed at the end of 2022. All of this raises the obvious question: what if these purchases signal the beginning of the end of the paper dollar as the global reserve currency?

It seems unlikely that the countries buying gold are going to try to give their currencies gold backing. But it appears probable that the immediate cause of the rush for gold is an attempt to diversify out of dollars. Since the United States seized Russia's dollar reserves after the invasion of Ukraine last year, other countries have grown distrustful of holding dollars as they fear that they, too, could see their reserves seized in the future. Hence the race for gold.

Perhaps there is no plan behind the current gold rush, but it may be read in retrospect as the beginning of the evolution of a new global monetary order. It could be the first step toward this reshaping of the landscape, as countries around the world try to find alternatives to the dollar. The West is learning a hard and fundamental lesson: financial systems are built on trust, and if they are weaponised they lose the trust required to maintain their dominance. It would be strongly in our self-interest to attempt to rebuild faith in our financial system if we want to protect our global power.

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BRICS undermine dollar hegemony with gold purchases

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Just before the New Year, the Financial Times ran a piece noting that central banks were accumulating gold at a rate not seen in 55 years. In the third quarter of 2022, analysts estimate that almost 400 tonnes of gold were bought by central banks.

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Sputnik V exports from Russia by country 2022 | Statista

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Russia was to export 250 million doses of the coronavirus (COVID-19) vaccine Sputnik V to India, which was among the major planned producers of the vaccine. In total, Indian companies planned to produce at least 1,152 million doses of Sputnik V per year. Furthermore, Mexico ordered a total of 24 million doses of the vaccine. Sputnik V was authorized in more than 70 countries worldwide as of January 2022. Russia applied for the vaccine approval in the European Union in January 2021, while several EU countries approved its use earlier, such as Hungary or Slovakia.

Russia's first vaccine against COVID-19

In August 2020, Russia registered Sputnik V, the world's first approved vaccine against COVID-19, which was developed at Gamaleya Research Institute in Moscow. After the third phase of clinical trials, the vaccine's effectiveness was measured at 91.6 percent. The mass vaccination in Russia started in January 2021. In December 2020, 30 percent of Russians would get vaccinated against COVID-19 with Sputnik V.

Is Sputnik V available abroad?

In total, over 50 countries worldwide placed orders for Sputnik V from Russia. As of January 2021, The vaccine was used for vaccination in Russia, Belarus, Serbia. In October 2020, Russia applied for prequalification of Sputnik V at the WHO to speed up its availability worldwide. Other countries that would produce the vaccine, such as Brazil, China, India, or the Republic of Korea, would also sell it abroad. Among several countries surveyed in November 2020, the highest level of awareness about Sputnik V was recorded in Mexico.

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Sputnik V exports from Russia by country 2022 | Statista

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Russia was to export 250 million doses of the coronavirus (COVID-19) vaccine Sputnik V to India, which was among the major planned producers of the vaccine. In total, Indian companies planned to produce at least 1,152 million doses of Sputnik V per year. Furthermore, Mexico ordered a total of 24 million doses of the vaccine.