🚨🇮🇳 India Emerges as the Global Epicentre of Digital Payments

S. Jaishankar says India recorded 22 billion cashless transactions in a single month, making it the world’s largest digital payments ecosystem by scale.

According to Jaishankar, that figure is “four or five times” what the United States processes in an entire year.

“We pride ourselves today as a society which has actually been extremely enthusiastic in its embrace of digital technology,” Jaishankar said, adding that for most Indians, “we don’t carry a wallet. We carry a phone instead.”

What makes the transformation significant is not just volume, but penetration. From street vendors to metro systems, digital payments in India have moved from convenience to infrastructure.

India is no longer catching up in fintech.
It is setting the scale that others are trying to understand.

🚨Prof. Richard Wolff: The US’🇺🇸 FUTURE GENERATIONS will have to pay the cost of the War on Iran 

‘The war on Iran is being paid for by a combination of the tax monies of the American people, because we pay not only the costs of the United States, but to be honest, we pay the costs of Israel as well. So it’s a total bill that has to come due here, because it is dangerous to tax the American people.

The government is resorting more to borrowed money than to tax money. The opposition in the United States, already a majority of people polled, are against the war in Iran and the American participation in it. 

If you actually tax them, if the President had to go to the people and say every one of your families is going to have to cough up $500, or $1,000, or $2,000 to pay for this war, then the opposition wouldn’t be big — it would be enormous, and there would be no war. 

Trump couldn’t survive it politically. So the payment is being postponed. We’re borrowing it. And so the future generations will have to pay what the cost of this war is.’

— American Economist and Professor Richard Wolff, on the latest episode of New Order

Don’t miss it, follow our Rumble channel: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨US Economist Richard Wolff: 'The US🇺🇸 must Live and let live with India🇮🇳, China🇨🇳 and Russia🇷🇺…or we DESTROY OURSELVES.'

'A part of our leadership will strike out in a way that befits a desperate hegemon, when the empire they've presided over for the last century is in decline.

But there is another perspective inside the United States — we ought to face the decline and come to terms with it. Make a live and let live arrangement with India, China, Russia and so on, so we don't destroy ourselves.

The question is which of these two tendencies will prevail. If you ask my opinion, I think it's the bad one. Because that's what the Iran war really is. A desperate attempt, not well thought through and therefore unsuccessful, to stop where the world seems to be going.'

—Prof. Richard Wolff, one of the US’ most renowned economists, on the latest episode of New Order

Watch the full interview: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨US Economist Richard Wolff: 'The war on Iran🇮🇷 is not another war. The WHOLE GLOBE is being REARRANGED.’

There’s going to be all kinds of adjustments. Every large corporation involved in global trade is having to rethink. Will we use the ocean in the future? Will we use railroad? Will we use trucking? Will we localise production? Those are all very big decisions that weren’t on the agenda before and have now been put on the agenda.

What the Iran war is teaching people across the United States and globally is what the Iranians did in the Strait of Hormuz can be done by Indonesia in the Strait of Malacca — and in many different parts of the world.

We're going to be talking, in 20 years, about a very big change in where production happens, where it's distributed, how the whole global economy is organised.

This is not another war, even in the way that Vietnam, Afghanistan, Iraq or even Ukraine might be considered. This one is rearranging the whole globe. And we will be talking about it for a long time.'

—Professor Richard Wolff, one of the US’ most renowned economists, on the latest episode of New Order

Watch the full interview: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨US Economist Richard Wolff: 'Corporate America broke the supply chain then BLAMED China🇨🇳, India🇮🇳 and Brazil🇧🇷.'

'Starting in the 1970s, American corporations moved manufacturing out of the United States. No one held a gun to their heads. No one required it. They went because it was profitable to go.

If they were honest, they would tell the American people: we have long supply lines because it profited us to move production from Chicago, St. Louis, New York and Boston to Shanghai. We're making out like bandits.

They didn't want to say that, because the anger of the people would have turned on the corporations. So leading politicians, including Mr. Trump, constantly talked as though the decision was made by China, India or Brazil, removing the key decision maker from the story.

That way, Trump can portray the United States as the victim of this process rather than the perpetrator. The real victim has been the American working class, which lost its jobs and incomes because cheaper workers were available elsewhere.'

—Prof. Richard Wolff, one of the US' most renowned economists, on the latest episode of New Order

Watch the full interview: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨Prof. Richard Wolff: ‘Trump CANNOT defeat Iran. If he cannot prevail against Iran🇮🇷, he LOSES support of the oligarchs that made him President.’

'Trump's political support has been shrinking fast. What remains is a mass base of the extreme right wing, maybe 10, 15, possibly 20% of the country. The rest is very iffy.

The other big supporter is the business class. So far, he has been wonderful for them. His first major legislation was the tax cut of 2017. His first legislation in his second presidency was the big, beautiful tax bill. His priorities are obvious. He takes care of the people who fund his campaign.

He will remain President as long as the business community sees him as a net positive. But if he cannot prevail in Iran, and from where I sit in New York, he can't. He has neither the military nor any other mechanism to defeat Iran at this point. If that is the outcome, he risks losing the support of major parts of the oligarchy.'

—Prof. Richard Wolff, one of the US' most renowned economists, on the latest episode of New Order

Watch the full interview: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨US Economist Richard Wolff: 'The dollar is WEAKER and country after country is REDUCING dependence on it.'

'The dollar is definitely weaker. The direction of change is crystal clear. Country after country is reducing its dependence on it.

I'm talking to you from downtown Manhattan, where half the apartments on Fifth Avenue are owned by people from the Global South. Those apartments are now being sold.

People are not looking at the United States the way they did in the second half of the 20th century. It isn't the secure beacon of capitalism. It just isn't.

All of these things need to be understood as symptoms, as details in a declining empire. My job is to undercut the denial, the refusal to face reality, and make people begin to think about a better way of coping.'

—Prof. Richard Wolff, one of the US' most renowned economists, on the latest episode of New Order

Watch the full interview: https://rumble.com/v79lv6s-prof.-richard-wolff-us-war-on-iran-is-a-desperate-attempt-to-stop-imperial-.html

🚨Col. Lawrence Wilkerson: 'China’s🇨🇳 Xi Jinping is moving to SUBSTITUTE the dollar with the renminbi and become the number one FINANCIAL POWER in the world.'

‘After triumphing in every field of state power, the one I lack is financial power. I am now going to substitute the renminbi for the dollar in world trade.'

🚨🌏 The Global South Is Rewiring the Semiconductor Order

The old Western monopoly over semiconductors is no longer uncontested.
What was once concentrated in a handful of economies is now rapidly dispersing across the Global South.

🇮🇳 India is building a full-stack semiconductor ecosystem under its $19.2 billion mission, spanning fabs, OSAT facilities, and GaN-based manufacturing focused on automotive, industrial, and IoT chips. ISM 2.0 is expected to deepen ancillary supply chains.

🇷🇺 Russia has operationalised a domestic 350nm lithography platform, with 130nm systems under development. Packaging, photonics, and GaN-on-silicon lines are expanding as Moscow pushes for technological sovereignty under sanctions pressure.

🇨🇳 China is accelerating toward semiconductor self-sufficiency, targeting over 70% wafer independence by 2026. Its global fabrication share has surged from 3% in 2020 to more than 28% in 2025.

Across Southeast Asia, the supply chain is also shifting:

🇲🇾 Malaysia has launched an advanced packaging facility and unveiled its first domestically developed edge AI processor.
🇸🇬 Singapore is using aggressive tax incentives to attract AI and chip investments.
🇻🇳 Vietnam aims to train 50,000 semiconductor engineers by 2030.

The deeper story is strategic.

The West spent decades treating chip dominance as a permanent geopolitical inheritance. But manufacturing gravity, talent, packaging, and supply-chain depth are increasingly shifting eastward and southward.

Semiconductor power is no longer unipolar.
The architecture of the next tech order is being built across the Global South.

🤝🇷🇺🇮🇳 Why is Vietnam🇻🇳 moving toward the India-Russia BrahMos missile amid rising Indo-Pacific tensions?

▪️ BrahMos travels at over Mach 3, making it far harder to intercept than subsonic Western cruise missiles like the Tomahawk missile or Harpoon missile.

▪️ Even with its export-limited 290 km range, the missile gives smaller nations the ability to hold much larger naval forces at risk through asymmetric deterrence.

▪️ The attraction is not only military but also geopolitical: BrahMos exports come with fewer political strings, sanctions risks, or NATO-style gatekeeping often attached to Western defense deals.

▪️ Vietnam already operates substantial Russian-origin military hardware, making integration easier and cheaper than shifting fully toward Western systems.

▪️ After the Philippines and Indonesia, Vietnam’s interest signals how rapidly BrahMos is emerging as a major strategic export across the Indo-Pacific, with more regional powers seeking faster and harder-to-intercept deterrence systems.

🌍🇮🇳 Amid the West Asia crisis, rising oil volatility, and intensifying global trade realignments, Narendra Modi will embark on a high-stakes five-nation tour covering the United Arab Emirates, the Netherlands, Sweden, Norway, and Italy from May 15–20.

▪️ The UAE leg comes at a sensitive moment, as energy security and Gulf stability dominate global diplomacy, with discussions expected around oil supplies, investment flows, and regional security.

▪️ In Europe, the focus shifts toward semiconductors, AI, green hydrogen, defence cooperation, and supply-chain resilience, as India deepens engagement with key EU and Nordic economies.

▪️ The Norway stop is especially significant: it marks the first visit by an Indian Prime Minister in over four decades and comes amid talks around long-term energy and maritime cooperation.

▪️ The tour also follows the recently concluded India-EU FTA push, signalling New Delhi’s attempt to position itself as a major economic and strategic bridge between Europe, the Gulf, and the Indo-Pacific.

▪️ At a time when global blocs are hardening and supply chains are fragmenting, the visit underlines India’s broader strategy: securing energy, attracting technology and investment, and expanding diplomatic leverage across both Europe and West Asia.

🚨🇮🇳 Union Minister for Petroleum and Natural Gas Hardeep Singh Puri:

'No problem on the supply management side — there is no shortage anywhere. And I’m going to conclude this by saying: we have 60 days of crude, which is the maximum we need. We have 60 days of LNG, and we have 45 days of LPG.

So, there’s no problem on the supply side. Then why this panic since yesterday or the last day and a half? Please see what the Honourable Prime Minister has actually said, and let’s not put a bizarre construct on it.'

🚨Col. Lawrence Wilkerson: If the US🇺🇸, Russia🇷🇺 & China🇨🇳 don’t work together, we’ll either blow ourselves up in NUCLEAR WAR or the climate crisis will KILL US

'If we don't get together, major powers of the world get together, put aside our differences, put aside our competition to a certain extent, and work on these two problems, why even compete? We won’t be here, we’ll be gone.

We'll either blow ourselves up in mushroom clouds all over the place, or the climate crisis will kill us.‘

🚨🇷🇺Russian Foreign Minister Sergey Lavrov:

'It’s not only oil and gas; it’s much more than that. And it started not 20 or 30 years ago — it started with Indian independence. From the very beginning, Indian leaders visited the Soviet Union, Soviet leaders visited India, and this established a very strong and confidential personal relationship.

Basically, for a long time after India gained independence, no Western country wanted to help India develop its military. Russia started as a seller and buyer relationship, but now we not only sell — in fact, we sell less and less — because we produce together.

We started with BrahMos missiles, then Kalashnikov assault rifles, and now T-90 tanks are also being produced in India.'

🚨🌍 BRICS Meets in New Delhi as Bloc Pushes for Technological and Economic Realignment

Foreign ministers from the BRICS nations are gathering in New Delhi amid deepening instability in West Asia and growing turbulence across the global economy.

The timing underscores a larger shift already underway.

According to the Finance Minister of Russia, Anton Siluanov, BRICS economies have already surpassed the G7 in combined economic scale and now represent more than half of the world’s population.

But the bloc’s ambitions are expanding beyond trade and resources.

By 2031, BRICS-linked technological cooperation is projected to attract more than $2.5 trillion annually into innovation and advanced industries, while high-tech exports across member economies are expected to surge from 12% to 28% of GDP.

At the centre of this transformation is the New Development Bank, which has already committed around $1.4 billion towards digital infrastructure projects in 2024 and 2025.

As energy insecurity, sanctions pressure, and geopolitical fragmentation intensify, BRICS is increasingly presenting itself not merely as a political grouping, but as an emerging alternative architecture for finance, technology, and strategic coordination across the Global South.

🚨📉 The Dollar’s Aura of Invincibility Is Beginning to Fracture

The architecture of Western financial primacy is facing a slow but unmistakable erosion.

Russian Finance Minister Anton Siluanov says that states increasingly disillusioned with the weaponisation of finance are reallocating reserves away from the US dollar and euro towards gold, the Chinese yuan, and national currencies.

The figures are telling:

🟠 Gold now constitutes 23% of global reserves, surpassing the euro’s share of just above 20%
🟠 The dollar’s dominance has receded to 57%
🟠 The conflict involving Iran and instability around the Strait of Hormuz have accelerated yuan-denominated oil transactions
🟠 Russia and China now conduct 99% of bilateral trade in national currencies

Sanctions, reserve seizures, and exclusionary pressure have produced an unintended consequence: they have catalysed the search for parallel systems beyond Washington’s monetary orbit.

And once confidence in a reserve currency begins to atrophy, even immense power struggles to arrest the drift.

🚨🇮🇳 Indian Foreign Minister Subrahmanyam Jaishankar:

'We meet at a time of considerable flux in international relations. Ongoing conflicts, economic uncertainties, and challenges in trade, technology, and climate are shaping the global landscape. There is a growing expectation, particularly from emerging markets and developing countries, that BRICS will play a constructive and stabilising role.

Against this backdrop, our discussions today provide an opportunity to reflect on global and regional developments and to consider practical ways to strengthen our cooperation.

Development issues remain central. Many countries continue to face challenges relating to energy, food, fertiliser, and health security, as well as access to finance. BRICS can help them respond more effectively.

Peace and security issues remain central to the global order. Recent conflicts only underline the importance of dialogue and diplomacy. There is also a deeply shared interest in strengthening cooperation against terrorism.'

🚨🇮🇳 India Launches ₹375 Billion Coal Gasification Push Amid Global Energy Turbulence

India has approved a ₹375 billion ($3.9 billion) scheme to accelerate coal gasification, aiming to reduce dependence on imported LNG, fertilisers, and industrial fuels as the West Asia crisis disrupts energy flows.

The plan will convert domestic coal into synthetic gas for power, fertilisers, petrochemicals, and industry, while targeting the gasification of 75 million tonnes of coal annually.

India, which holds around 401 billion tonnes of coal reserves, expects the programme to unlock nearly ₹3 trillion in investments.

The development comes as energy-importing economies face mounting anxiety over supply disruptions, shipping insecurity, and volatility around key maritime chokepoints.

Coal gasification, once viewed as a secondary technology, is increasingly being repositioned by major economies as a strategic hedge against an unstable global energy market.

🚨🇮🇳 India’s LPG supply ships safely CROSS Strait of Hormuz amid regional tensions

Two LPG carriers carrying cargo for India have safely crossed the Strait of Hormuz and are expected to arrive at Kandla Port and New Mangalore Port on 16 and 18 May respectively.
The development comes as maritime security concerns continue to rise across the region.

Meanwhile, the Indian vessel Haji Ali sank after a fire following an attack in Omani waters. India’s MEA called the targeting of commercial shipping and civilian mariners “unacceptable”, while confirming that all Indian crew members were rescued safely with assistance from Oman.

New Delhi reiterated the importance of protecting freedom of navigation and uninterrupted commercial trade through one of the world’s most critical energy corridors.

🚨🇷🇺Russian Foreign Minister Sergey Lavrov:

'BRICS and its partner countries represent more than 40% of global GDP, whereas the Group of Seven, which still holds the reins in these Bretton Woods institutions, accounts for slightly more than 30% of global gross domestic product. That is why reform must be carried out, and our Western colleagues are trying to stop it from happening.

However, this trend cannot be reversed, and the average growth rate of the BRICS countries is expected to be around 3.7% or close to 4%, compared with the global growth rate of 2.6% that we can expect in the upcoming period.'