The war between Russia and Ukraine has focused international policy on Europe in recent months, although competition for international hegemony is between the US and China. The centre of the world is in the Asia-Pacific region. In addition to the abundance of raw materials, most of the world's population lives, or what is the same, the world's largest market of goods and labor. The Russian invasion of Ukraine would be a secondary conflict if it were not for the global consequences of the NATO driven economic war in its fight against Russia.

However, the Global South has shown undisguised indifference and contempt in the face of the West’s alarmist account and the G7’s requests to cooperate in the fight against Russia, both in the subsidiary war in Ukraine and in the high-intensity economic war that Washington and Brussels have undertaken against Moscow.
Although EE.UU. And their allies have used all diplomatic artillery, including the most coercive pressures, have scarcely gotten help outside the borders of the global North. Moreover, many countries in the Global South have taken advantage of new and beneficial opportunities to develop economic relations with Russia, highlighting the erosion of American hegemony.

Faced with the Atlantic rupture of the economic umbilical cord linking the West and Russia, Moscow strengthens its tour to Asia and the rest of the world, where it has found partners. Russia is not economically isolated, moreover, its alliances are being strengthened, be it the Eurasian Economic Union, the Shanghai Cooperation Organisation or the BRICS organisation. The latter is probably the one that best represents the alternative to Western power. The alliance is open to the admission of new partners, and it seems that the first to enter will be Argentina.

This scenario has accelerated the process of generating alternatives to the Western financial system and the dollar in trade transactions, which were underway but were moving very slowly. It is part of the ‘bumeran effect’ of the sanctions being suffered by the economies of the Global North, especially in the EU, where Washington is bleeding to fatten.

The West, tired of seeing that economic globalization no longer acts in its own right, begins a deglobalisation by dividing the world into two blocks. On the one hand there is the Atlantic axis and, on the other hand, the alliance of countries governed by China and Russia, among which some states act as mattresses as a transition between the two blocs.

The main field of play in this fight between blocs is economic war, which at the moment has no good image for the West. That is why, as he has always done, it is imperative that economic war be combined with military pressure to prevent the development and economic growth of his enemies. This time, however, pressure will not be enough, because Washington needs more than ever to use the military conflict to reverse the structural economic trend that benefits China. The goal has been set by NATO at the Madrid summit, extending de facto to the Asia-Pacific region, full of US military bases, and repeatedly criticising China. In the re-adaptation of its strategic objectives, NATO has defined China as a “great challenge” to its values, interests and security. The Atlantic alliance defined Russia not long ago as an ally, it draws the accounts.