The hottest multilateral club doesn't include the US

This NPR Planet Money Indicator podcast episode discusses the BRICS group (Brazil, Russia, India, China, and South Africa, plus newer members), exploring its origins and evolution. The episode features an interview with Jim O'Neill, the economist who coined the BRICS acronym. It contrasts BRICS with the G7, highlighting the shift in global economic power and the debate surrounding the role of authoritarian regimes in international governance. The podcast also examines the perception of BRICS as an "anti-American" project and explores the implications of its potential challenge to the US dollar's dominance in international finance.