Tag #Brics

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bbc.com

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Dec 6, 19:10

Trump Threatens 100% Tariffs on Brazil and Other Brics Nations

President-elect Donald Trump threatened 100% tariffs on Brics countries, including Brazil, if they replace the dollar in trade; Brazil exported US\$36.9 billion worth of goods to the US in 2023, and the threat could severely impact these exports.

Trump Threatens 100% Tariffs on Brazil and Other Brics Nations

President-elect Donald Trump threatened 100% tariffs on Brics countries, including Brazil, if they replace the dollar in trade; Brazil exported US\$36.9 billion worth of goods to the US in 2023, and the threat could severely impact these exports.

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What are the immediate economic consequences for Brazil if Trump imposes the threatened 100% tariffs on Brics nations?

Donald Trump threatened 100% tariffs on Brics nations, including Brazil, if they replace the dollar in trade. This could significantly impact Brazilian exports to the US, which totaled US\$36.9 billion in 2023, as higher prices reduce demand. The lack of official Brazilian response adds to the uncertainty.

dw.com

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Dec 5, 07:07

BRICS Explores New Currency to Reduce US Dollar Dependence

BRICS nations, including newly added members Iran, Egypt, Ethiopia, and the UAE, are exploring a new currency to lessen reliance on the US dollar, driven by concerns over US sanctions and geopolitical leverage; however, significant hurdles remain due to the diverse economic strengths and political s...

BRICS Explores New Currency to Reduce US Dollar Dependence

BRICS nations, including newly added members Iran, Egypt, Ethiopia, and the UAE, are exploring a new currency to lessen reliance on the US dollar, driven by concerns over US sanctions and geopolitical leverage; however, significant hurdles remain due to the diverse economic strengths and political s...

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What are the main drivers behind BRICS nations' efforts to decrease their dependence on the US dollar?

BRICS nations (Brazil, Russia, India, China, South Africa) aim to reduce reliance on the US dollar, which accounts for roughly 80% of global trade. This move is driven by concerns over the US wielding the dollar as a geopolitical tool through sanctions. Recent BRICS expansion with Iran, Egypt, Ethiopia, and the UAE amplifies these concerns.

africa.chinadaily.com.cn

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Dec 5, 07:07

China Leads Global South in Redefining Development

China's economic rise and technological innovations are reshaping global development, challenging Western dominance and promoting inclusive growth, as highlighted in a new report by the Centre for International Knowledge on Development (CIKD).

China Leads Global South in Redefining Development

China's economic rise and technological innovations are reshaping global development, challenging Western dominance and promoting inclusive growth, as highlighted in a new report by the Centre for International Knowledge on Development (CIKD).

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What are the long-term implications of China's development model for global power dynamics and the future of international cooperation?

Future global development will be significantly influenced by technological advancements (AI) and sustainable energy solutions. China's model of inclusive growth, demonstrated by poverty eradication and technological integration in education, offers a valuable alternative to Western models. Continued cooperation between China and other developing nations, particularly India, is crucial for achieving sustainable and equitable global development goals.

pda.kp.ru

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Dec 4, 22:10

Russia Reports Strong Economic Growth in 2023 Despite Sanctions

Russian President Vladimir Putin announced that the Russian economy grew by 4.1% in the first ten months of 2023, unemployment is at a record low of 2.3%, and the government budget shows a surplus; he also highlighted plans for increased investment and the introduction of the digital ruble.

Russia Reports Strong Economic Growth in 2023 Despite Sanctions

Russian President Vladimir Putin announced that the Russian economy grew by 4.1% in the first ten months of 2023, unemployment is at a record low of 2.3%, and the government budget shows a surplus; he also highlighted plans for increased investment and the introduction of the digital ruble.

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How is the Russian government responding to challenges such as inflation and the need for increased investment?

This economic performance, despite Western sanctions, demonstrates a resilience driven by internal investments and a focus on domestic growth. The government aims to increase investments by 60% by 2030 and boost the stock market capitalization to two-thirds of GDP. The introduction of the digital ruble is also enhancing financial innovation.

cbsnews.com

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Dec 3, 12:36

Trump Threatens 100% Tariffs on BRICS Nations Over Alternative Currency

President-elect Donald Trump threatened 100% tariffs on nine nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they create or back a currency to replace the U.S. dollar, escalating trade tensions and potentially impacting global markets and consumer prices.

Trump Threatens 100% Tariffs on BRICS Nations Over Alternative Currency

President-elect Donald Trump threatened 100% tariffs on nine nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE—if they create or back a currency to replace the U.S. dollar, escalating trade tensions and potentially impacting global markets and consumer prices.

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What are the immediate economic and geopolitical implications of Trump's tariff threat?

Donald Trump threatened 100% tariffs on nine nations if they create or support a currency to rival the U.S. dollar. This follows prior threats of tariffs on Canada, Mexico, and China regarding immigration. The targeted nations include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the UAE.

dw.com

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Dec 2, 23:40

BRICS Explore Alternative to US Dollar Amidst Geopolitical Concerns

BRICS nations, seeking to decrease dependence on the US dollar due to its use as a geopolitical tool, are exploring a new common currency to facilitate trade and reduce vulnerability to US sanctions.

BRICS Explore Alternative to US Dollar Amidst Geopolitical Concerns

BRICS nations, seeking to decrease dependence on the US dollar due to its use as a geopolitical tool, are exploring a new common currency to facilitate trade and reduce vulnerability to US sanctions.

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Why are BRICS nations seeking alternatives to the US dollar?

The BRICS nations, comprising Brazil, Russia, India, China, and South Africa, aim to lessen their reliance on the US dollar, currently used in roughly 80% of global trade. This move stems from concerns about the US leveraging the dollar's dominance for geopolitical influence, including imposing sanctions. The BRICS bloc seeks alternatives to mitigate potential risks.

forbes.com

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Dec 6, 22:11

Trump's Dollar Policy: Tariffs or Stability?

President-elect Trump's threat to impose 100% tariffs on countries not using the US dollar is misguided; currency circulation depends on trade, not decrees. A stable dollar policy, supported by stablecoins, offers a more effective strategy for maintaining the dollar's global dominance and fostering ...

Trump's Dollar Policy: Tariffs or Stability?

President-elect Trump's threat to impose 100% tariffs on countries not using the US dollar is misguided; currency circulation depends on trade, not decrees. A stable dollar policy, supported by stablecoins, offers a more effective strategy for maintaining the dollar's global dominance and fostering ...

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What are the potential consequences of attempting to force BRICS nations to abandon their own currencies in favor of the US dollar?

Trump's focus should be on dollar stability, not forced adoption. A stable dollar, facilitated by policies supporting stablecoins and cryptocurrencies, would naturally increase global demand and usage. This approach aligns with his stated goal of economic growth and would avoid the negative consequences of trade wars.

africa.chinadaily.com.cn

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Dec 5, 07:07

China's Development Aid to the Global South: A New Model

China's development assistance to the Global South prioritizes recipient country ownership, mutual benefit, and capacity building, contrasting with traditional North-South aid; this approach fosters self-reliance, economic growth, and job creation, while facing challenges in project selection and re...

China's Development Aid to the Global South: A New Model

China's development assistance to the Global South prioritizes recipient country ownership, mutual benefit, and capacity building, contrasting with traditional North-South aid; this approach fosters self-reliance, economic growth, and job creation, while facing challenges in project selection and re...

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What are the key challenges and opportunities for enhancing the effectiveness and sustainability of China's Global South cooperation initiatives?

China's approach contrasts with Western models by prioritizing recipient country ownership and emphasizing mutual benefit, aligning with Global South principles of solidarity and non-interference. This fosters self-reliance and sustainability, unlike conditional aid from the Global North which has historically hampered development. The result is greater economic growth and job creation in recipient nations.

pda.kp.ru

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Dec 4, 16:09

Valdai Club to Meet in Kuala Lumpur to Discuss Asian Security and Multipolar World

The Valdai Discussion Club will hold its next meeting in Kuala Lumpur, Malaysia on December 9-10, 2024 to discuss strengthening Asian security and building a multipolar world, reflecting Russia's strategy to diversify its Eastern partnerships beyond China and engage with a BRICS partner less affecte...

Valdai Club to Meet in Kuala Lumpur to Discuss Asian Security and Multipolar World

The Valdai Discussion Club will hold its next meeting in Kuala Lumpur, Malaysia on December 9-10, 2024 to discuss strengthening Asian security and building a multipolar world, reflecting Russia's strategy to diversify its Eastern partnerships beyond China and engage with a BRICS partner less affecte...

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Why was Kuala Lumpur chosen as the location for the next Valdai Discussion Club meeting?

The Valdai Discussion Club will hold its next meeting in Kuala Lumpur, Malaysia, on December 9-10, 2024, to discuss Asian security and a multipolar world. This follows the establishment of dialogue with Malaysia in November 2022. The choice of location reflects Russia's interest in diversifying its Eastern partnerships beyond China.

t24.com.tr

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Dec 4, 07:09

Turkey's Inflation Exceeds Expectations; 24-25% Minimum Wage Hike Predicted

Turkey's November inflation hit 2.24 percent, exceeding forecasts, while expert İslam Memiş predicts a 24-25 percent minimum wage increase for 2025, acknowledging challenges from global uncertainties and domestic economic pressures.

Turkey's Inflation Exceeds Expectations; 24-25% Minimum Wage Hike Predicted

Turkey's November inflation hit 2.24 percent, exceeding forecasts, while expert İslam Memiş predicts a 24-25 percent minimum wage increase for 2025, acknowledging challenges from global uncertainties and domestic economic pressures.

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What is the immediate impact of Turkey's November inflation rate on the nation's economic stability and global standing?

Turkey's November inflation rate reached 2.24 percent, exceeding expectations of 46.6 percent and indicating a significant increase in food prices and currency risks. Despite ongoing efforts to combat inflation, achieving desired results may take considerable time. External factors, such as the potential impact of Donald Trump's presidency on global stability, could further complicate these efforts.

bbc.com

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Dec 2, 10:10

Trump Threatens 100% Tariffs on BRICS Over Potential Common Currency

President-elect Donald Trump threatened 100% tariffs on BRICS nations if they create a common currency to replace the US dollar, escalating trade tensions and potentially impacting global financial markets.

Trump Threatens 100% Tariffs on BRICS Over Potential Common Currency

President-elect Donald Trump threatened 100% tariffs on BRICS nations if they create a common currency to replace the US dollar, escalating trade tensions and potentially impacting global financial markets.

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How might internal disagreements within the BRICS group affect the development of a common currency and Trump's response?

Trump's threat targets BRICS, a group of emerging economies including Brazil, Russia, China, India, South Africa, and others. High-level politicians in Brazil and Russia have proposed a common BRICS currency to reduce US dollar dominance. Internal disagreements within BRICS are slowing progress on this initiative.

bbc.com

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Dec 2, 10:26

Guardiola Responds to Liverpool Fans' Chants After Anfield Loss

Manchester City manager Pep Guardiola responded calmly to a Liverpool fan chant mocking his job security after a 1-0 loss at Anfield, displaying six fingers to symbolize his Premier League title wins while stating that he understood and respected the gesture, highlighting the intense rivalry between...

Guardiola Responds to Liverpool Fans' Chants After Anfield Loss

Manchester City manager Pep Guardiola responded calmly to a Liverpool fan chant mocking his job security after a 1-0 loss at Anfield, displaying six fingers to symbolize his Premier League title wins while stating that he understood and respected the gesture, highlighting the intense rivalry between...

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What was the immediate reaction of Pep Guardiola to the chants from Liverpool fans?

Liverpool fans taunted Manchester City manager Pep Guardiola with a song about job security after their team lost at Anfield. Guardiola responded with a smile, holding up six fingers to represent his six Premier League titles with City. He stated that he understood and respected the fans' actions.

Showing 121 to 132 of 141 results