Economy

Putin BRICS 2024 Summit Summary and Media Q&A: Analysis

BRICS, Economy, Security, Trade

BRICS trade and payments systems, the Ukraine conflict, North Korean soldiers, Donald Trump and Engagement with Africa  The Russian President Vladimir Putin has given a speech summarising the activities of the 2024 BRICS Heads of State summit in Kazan, followed by a Q&A session. We provide his speech first, followed by the Q&A. Questions are […]

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Combined BRICS Flags1

BRICS Invites 13 Partner States To Join: Full Details

Africa, BRICS, Economy, Infrastructure, Latin America, Middle East, Trade

The BRICS countries have agreed to include 13 countries in the category of “Partner States” in the association. However, the entry of these countries has not yet been made official, as the newly established protocol in the procedure requires the country holding the current Chairmanship of the organisation (in this case, Russia, from 2025, Brazil)

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Kazan Declaration

BRICS 2024 Heads of State ‘Kazan Summit Declaration’ – Contents & Analysis

BRICS, Economy, Finance, Infrastructure, Security, Trade

The 2024 BRICS summit has concluded with a ‘Kazan Summit Declaration’, with 134 points covering 43 pages. The key topics include further development of the association, position on various global issues, sanctions, settlement of regional crises, including in Ukraine and the Middle East, in addition to a comprehensive reform of the United Nations (UN), including

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BRICS, Russia and Turkiye:  2024 Developments and Implications

BRICS, Economy, Finance, Infrastructure, Investment, Trade

Vladimir Putin has met with Recep Tayyip Erdogan, the President of Turkiye at the BRICS Summit in Kazan. This is what they had to say: Putin: “Once again, I would like to welcome everyone to Kazan and to repeat how much I appreciate it that you have accepted the invitation to attend the BRICS Plus/Outreach

BRICS, Russia and Turkiye:  2024 Developments and Implications Read More »

BRICS and the New Development Bank: 2024 Progress Report and Potential Expansion

BRICS, Economy, Finance, Infrastructure, Investment

The Russian President, Vladimir Putin, has met with the President of the BRICS New Development Bank (NDB), Dilma Rousseff. The NDB acts as a BRICS development platform and invests in infrastructure projects, often in the green sector, in BRICS nations. Equity investors include Algeria, Bangladesh, Brazil, China, Egypt, India, Russia, South Africa, United Arab Emirates,

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BRICS-Guterres

UN Secretary-General To Attend BRICS Summit As A Powerful Multipolar Group Emerges

Africa, BRICS, China, Economy, India, Infrastructure, Trade

The Secretary-General of the United Nations (UN), Antonio Guterres, is to attend the 2024 BRICS Heads of State summit, which kicks off today (October 22) in Kazan, Russia. The UN is an official observer to the group, however Guterres personal participation sends a strong signal that the BRICS is very much now part of what

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BRICS Pay Card

BRICS Pay Launches, Will Be A Global Payments Game Changer 

BRICS, Economy, Finance, Trade

The BRICS Pay system has been launched, with immediate implications for the future role of the US dollar, and the use of financial sanctions upon other countries. The system bypasses the US controlled SWIFT payments system, disregards the US dollar as a preferred currency and allows instant settlement in sovereign currencies instead.  It is likely

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GDP Growth

Putin – 2025 Economic Growth to be in Russia, China, India and Saudi Arabia

Africa, China, Economy, Finance, India, Trade

Russian President Vladimir Putin has forecast that the economies of Russia, China, India, and Saudi Arabia will show strong positive growth over the coming years, while it will also be advanced in Africa and Southeast Asia. Speaking at a BRICS media event, he stated “Growth, positive growth will be in such strong countries as China,

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SCO-USD

Calls For Shanghai Cooperation Organisation Independent Payments Mechanism: Implications For BRICS, SWIFT, US Dollar, Euro and British Pound

BRICS, Economy, Finance, Infrastructure, Shanghai Cooperation Organisation, Trade

Readers will be familiar with discussions amongst the BRICS countries to establish a SWIFT alternative payments and settlements platform, however the concept is now spreading. Russia is calling for the removal of obstacles to the implementation of plans to increase the share of national currencies in mutual settlements between the Shanghai Cooperation Organization (SCO) countries

Calls For Shanghai Cooperation Organisation Independent Payments Mechanism: Implications For BRICS, SWIFT, US Dollar, Euro and British Pound Read More »

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