Page 84 - Brics News Today

In my previous columns, I mentioned the claims in the Western media about China and Russia preparing for a new "reserve currency" within the context of "BRICS." However, it's unlikely that this topic will be addressed at the "BRICS Summit" starting today in Johannesburg, South Africa. BRICS members will likely strive to use their national currencies in trade among themselves, but it seems too early for a new currency. Meanwhile, let's remember that the US ...

The Horn of Africa country, the second most populous in sub Saharan Africa, is currently one of the fastest growing economies in the continent.

This past week, the Kingdom of Saudi Arabia was mentioned as of the countries that are set to join the Brics in January 2024.

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The reason why the US and its allies don't accept BRICS is because they are reluctant to allow others to compete with Western economic and political institutions and seek to preserve their own monopoly and control over the global economy and political processes. In addition, the fact that it is China that plays a leading role in BRICS, and that followed by Russia.

International relations expert Dr Marius Kudumo said Namibia must not take its eyes off the new developments and opportunities that the BRICS grouping might have to offer.He said...

BRICS motivation behind expanding its membership is to gain more strength and challenge the existing geo-economic and geopolitical order, and Bangladesh wanted a part in it.

President Ebrahim Raeisi says efforts by the enemies to isolate Iran and drive the Iranian people to despair have failed, whereas all indicators attest to growth and progress in the country.

Russian President Vladimir Putin has told Indian Prime Minister Narendra Modi that he will not attend the G20 Summit in Delhi next month.

"I wish the Indian rupee should be the lead currency in the world. But I'm also a realist," India's oil and gas minister told CNBC.