US EditionBRICS and New Global Currency
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4 Articles
The BRICS Forum was held in Rio de Janeiro, which this year held Brazil's presidency of this intergovernmental organization and brings together countries with a cumulative nominal GDP of more than 31 trillion dollars in 2024. China (the world's second economy, with nominal GDP estimated at more than 19 trillion dollars this year) has a 60% share within BRICS, followed by India (with 12%) and Brazil (with 7%), if we consider the estimates of the …
BRICS Rio Meeting and Regional Assessments
As many of you know BRICS had its two-day meeting a couple of weeks ago. It was less planned than last year but a lot was accomplished. For one thing, there was talk about a BRICS currency based on petrodollars in all the non-western oil-producing countries. This BRICS configuration is economic – to build infrastructures and harness energy – rather than to make war and build financial capital. The Latin American division is weak, with just Brazi…
BRICS 17th Summit: A Blueprint for a Stronger Global South? – SGTTimes.com – SGT Latest News, India News, Breaking News, Today's News
The 17th BRICS summit was recently held in Rio de Janeiro, Brazil. The country recently took the chairship of BRICS on 1 January 2025, with the motto of ‘Strengthening Global South Cooperation for more Inclusive and Sustainable Governance’. BRICS has always stood as a strong global diplomatic forum that focuses on strengthening the Global South and taking steps towards making a multi-polar world. As a formal grouping, BRIC started after the meet…
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