Amid US Tariff Uncertainty, Economic Cooperation Among Global South Nations Injects Stability

Amid US tariff uncertainty, economic cooperation among Global South nations injects stability

The new world order is characterized by a decline in US influence and a rise in the economic and political weight of other nations. If the Global South chooses to forge its own path, independent of the US, it could significantly reshape the global economic order.

BRICS Financial Assets Surpass $60 Trillion: A Milestone for Global South Economic Power - teleSUR English

The BRICS bloc now holds over $60 trillion in financial assets, representing more than half of the world’s total, signaling a shift toward a multipolar global economy and stronger South-South cooperation. Related: BRICS Journalists Association Condemns Detention of Sputnik Reporters in Azerbaijan In a powerful demonstration of the growing economic influence of the Global South, Russian Finance Minister Antón Siluánov announced that the combined …

BRICS countries hold $60 trillion in financial assets

The financial assets of BRICS countries have surpassed $60 trillion, according to Russia’s finance minister who highlighted the amount at a meeting with colleagues in Brazil. Moscow attaches importance to boosting investments in infrastructure and raising more capital, including through digital means, the Russian government official indicated. BRICS nations hold half of global assets The financial assets of BRICS member states are now exceeding …

Financial assets under BRICS control reach $60 trillion

The financial assets of BRICS countries have surpassed $60 trillion, according to Russia’s finance minister who highlighted the amount at a meeting with colleagues in Brazil. Moscow attaches importance to boosting investments in infrastructure and raising more capital, including through digital...