Tag #Brics

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jpost.com

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Dec 27, 16:11

Schectman Warns of Global Economic Crisis Amid BRICS Rise and Gold Rush

Andy Schectman, President of Miles Franklin, warned of escalating global economic instability due to BRICS nations' growing influence, their strategic gold accumulation, and the threat of stagflation, citing central banks' increased gold purchases as a key indicator of concern.

Schectman Warns of Global Economic Crisis Amid BRICS Rise and Gold Rush

Andy Schectman, President of Miles Franklin, warned of escalating global economic instability due to BRICS nations' growing influence, their strategic gold accumulation, and the threat of stagflation, citing central banks' increased gold purchases as a key indicator of concern.

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What are the most immediate and significant economic implications of the BRICS nations' challenge to the US dollar?

Andy Schectman, President of Miles Franklin, warned of a potential global economic crisis driven by BRICS nations' challenge to the US dollar, strategic gold accumulation, and inflationary policies. He cited the Bank for International Settlements' withdrawal from Project Embridge as evidence of BRICS distrust in the West and highlighted China's significant gold purchases as a move away from the dollar. Central banks' increased gold buying further signals growing economic concerns.

tass.com

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Dec 26, 16:08

Thailand Accepts BRICS Partner Status

Thailand officially accepted Russia's invitation to become a BRICS partner state on December 24, 2024, aiming to boost its economy and international relations with developing countries, following an October 31 invitation and a June expression of intent to become a full member.

Thailand Accepts BRICS Partner Status

Thailand officially accepted Russia's invitation to become a BRICS partner state on December 24, 2024, aiming to boost its economy and international relations with developing countries, following an October 31 invitation and a June expression of intent to become a full member.

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What are the immediate implications of Thailand's acceptance of BRICS partner status?

Thailand has accepted Russia's invitation to become a BRICS partner state, a crucial step towards full membership. This decision, made on December 24th, follows an October 31st invitation from Russia, the 2024 BRICS chair. The Thai government believes this partnership will boost its economy and international standing.

pda.kp.ru

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Dec 23, 19:10

BRICS Summit Highlights Russia's Growing Global Influence

Russia's 2024 BRICS chairmanship concluded with a summit in Kazan, featuring 22 nations and establishing a BRICS partner country category, countering US pressure and signifying a multipolar shift.

BRICS Summit Highlights Russia's Growing Global Influence

Russia's 2024 BRICS chairmanship concluded with a summit in Kazan, featuring 22 nations and establishing a BRICS partner country category, countering US pressure and signifying a multipolar shift.

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Peace, Justice, and Strong Institutions

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What were the key outcomes of Russia's 2024 BRICS chairmanship, and what is their global significance?

Russia's 2024 BRICS chairmanship culminated in a Kazan summit with 22 nations, dispelling notions of international isolation. The summit established a BRICS partner country category and focused on economic cooperation, finance, climate response, and food/energy security, encountering US countermeasures.

cnn.com

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Dec 21, 07:07

Trump's Tariff Threat: India Navigates a Complex Trade Relationship

President-elect Trump threatens 100% tariffs on BRICS nations, including India, if they replace the US dollar; despite past trade conflicts, Trump and Indian Prime Minister Modi's close relationship may lessen the impact, although a significant trade imbalance remains.

Trump's Tariff Threat: India Navigates a Complex Trade Relationship

President-elect Trump threatens 100% tariffs on BRICS nations, including India, if they replace the US dollar; despite past trade conflicts, Trump and Indian Prime Minister Modi's close relationship may lessen the impact, although a significant trade imbalance remains.

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How does India's unique position within BRICS influence its response to Trump's trade policies?

Trump's threat highlights the US's influence on global finance and its potential to use trade as leverage. India's position as a BRICS outlier and its strong relationship with Trump might enable it to moderate the group's actions. The substantial US-India trade imbalance, however, presents challenges.

china.org.cn

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Dec 15, 13:08

Global South's Rise Boosts Global Trade, Malaysia Emphasizes ASEAN Cooperation

At a Kuala Lumpur conference, Malaysia's MATRADE chairman emphasized the Global South's positive impact on global trade and cooperation, highlighting Malaysia's commitment to strengthening ASEAN engagement and regional collaboration for economic growth and addressing global challenges.

Global South's Rise Boosts Global Trade, Malaysia Emphasizes ASEAN Cooperation

At a Kuala Lumpur conference, Malaysia's MATRADE chairman emphasized the Global South's positive impact on global trade and cooperation, highlighting Malaysia's commitment to strengthening ASEAN engagement and regional collaboration for economic growth and addressing global challenges.

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What is the significance of the Global South's rise for international trade and global economic cooperation?

Malaysia's MATRADE Chairman, Reezal Merican Naina Merican, highlighted the Global South's rise as a catalyst for global economic growth and international trade, emphasizing its inclusive nature and focus on a more equitable global system. He stressed Malaysia's commitment to strengthening ASEAN engagement and regional cooperation.

pda.kp.ru

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Dec 12, 16:09

AI to Boost Russia's GDP by 11.2 Trillion Rubles by 2030

At Moscow's AI Journey conference, Deputy Prime Minister Maxim Oreshkin announced that AI will contribute 11.2 trillion rubles to Russia's GDP by 2030, while Sberbank projects 424-450 billion rubles in internal efficiency gains by 2025. Concerns were raised about the cultural bias in global language...

AI to Boost Russia's GDP by 11.2 Trillion Rubles by 2030

At Moscow's AI Journey conference, Deputy Prime Minister Maxim Oreshkin announced that AI will contribute 11.2 trillion rubles to Russia's GDP by 2030, while Sberbank projects 424-450 billion rubles in internal efficiency gains by 2025. Concerns were raised about the cultural bias in global language...

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Decent Work and Economic Growth

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How does the development of "sovereign" AI in Russia address concerns about cultural bias in global language models?

Oreshkin highlighted AI's impact on consumer convenience (e.g., optimized online shopping) and improved credit allocation. Sberbank's example demonstrates how AI enhances efficiency across various sectors. The BRICS summit underscored the global importance of AI and the potential for international collaboration on its development.

china.org.cn

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Dec 27, 22:09

Ethiopia and China Strengthen Strategic Partnership in 2024

In 2024, Ethiopia and China further solidified their all-weather strategic partnership, marked by high-level diplomatic exchanges, over 8.5 billion USD in Chinese investment creating over 325,400 jobs, and increased collaboration in various sectors, including electric vehicle manufacturing and vocat...

Ethiopia and China Strengthen Strategic Partnership in 2024

In 2024, Ethiopia and China further solidified their all-weather strategic partnership, marked by high-level diplomatic exchanges, over 8.5 billion USD in Chinese investment creating over 325,400 jobs, and increased collaboration in various sectors, including electric vehicle manufacturing and vocat...

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How is Chinese investment contributing to Ethiopia's economic development and green transition?

The enhanced partnership is driven by significant Chinese investment in Ethiopia's infrastructure, manufacturing, and capacity building, amounting to over 8.5 billion USD and involving over 3,300 projects. This collaboration is exemplified by the increased presence of Chinese electric vehicle companies in Ethiopia, supporting the country's green transition and economic growth.

tass.com

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Dec 26, 19:10

Cuba to Join BRICS as Partner Country in 2025

Cuba will become a BRICS partner country in January 2025, gaining access to trade and cooperation mechanisms within this influential group, reflecting its growing prestige in the Global South and countering Western isolationist policies.

Cuba to Join BRICS as Partner Country in 2025

Cuba will become a BRICS partner country in January 2025, gaining access to trade and cooperation mechanisms within this influential group, reflecting its growing prestige in the Global South and countering Western isolationist policies.

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What are the immediate implications of Cuba's acceptance into the BRICS group as a partner country?

Cuba's invitation to become a BRICS partner country in January 2025 reflects its growing influence within the Global South. This new status grants Cuba access to trade and cooperation mechanisms within a significant emerging global power bloc.

us.cnn.com

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Dec 21, 07:07

Trump's Tariff Threats Against BRICS: India's Unique Position

President-elect Trump threatens BRICS nations with 100% tariffs if they replace the US dollar, but India's strong relationship with Trump may give it leverage to influence other members.

Trump's Tariff Threats Against BRICS: India's Unique Position

President-elect Trump threatens BRICS nations with 100% tariffs if they replace the US dollar, but India's strong relationship with Trump may give it leverage to influence other members.

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How will President-elect Trump's tariff threats against BRICS nations impact global currency markets and international trade relationships?

President-elect Trump threatens BRICS nations with 100% tariffs if they create a new currency or replace the US dollar. India, a BRICS member, has been a target of Trump's trade policies in the past, but their leaders maintain a warm personal relationship. This dynamic could give India leverage to influence other BRICS members.

europe.chinadaily.com.cn

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Dec 16, 04:09

China's Growing Influence in the Global South

China's investments and technological collaborations are significantly boosting economic growth and development across Africa, Asia, and Latin America, providing an alternative model to Western aid and creating new geopolitical dynamics.

China's Growing Influence in the Global South

China's investments and technological collaborations are significantly boosting economic growth and development across Africa, Asia, and Latin America, providing an alternative model to Western aid and creating new geopolitical dynamics.

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No Poverty

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What are the immediate economic and developmental impacts of China's investments and aid in the Global South?

China's Belt and Road Initiative and Global Development Initiative are driving economic growth in the Global South through infrastructure investment and financial aid. This assistance, often unburdened by political conditions, contrasts with traditional Western aid models and is fostering economic development and trade in numerous countries.

usa.chinadaily.com.cn

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Dec 13, 04:09

G20 Summit Reflects Growing Pressure for Global Governance Reform

The 2023 G20 summit, expanded to include the African Union, reflects growing pressure for reform of the Western-dominated global order, as evidenced by the rise of BRICS and calls for restructuring global financial institutions.

G20 Summit Reflects Growing Pressure for Global Governance Reform

The 2023 G20 summit, expanded to include the African Union, reflects growing pressure for reform of the Western-dominated global order, as evidenced by the rise of BRICS and calls for restructuring global financial institutions.

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How do the actions of BRICS and the expansion of the G20 reflect the changing dynamics of global power?

The 2008 financial crisis exposed flaws in the existing system, prompting temporary interventions like guaranteed funds and lowered interest rates. However, the underlying issue is the perceived inequitable distribution of global economic power, leading to calls for reform of institutions like the World Trade Organization and the Bretton Woods system. The rise of BRICS, with a GDP exceeding that of the G7, signals a shift in global economic influence.

theglobeandmail.com

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Dec 11, 19:12

Russia Forms AI Alliance to Challenge US Dominance

President Vladimir Putin announced a new AI alliance with BRICS and other countries to challenge US dominance, aiming for joint research and market access to overcome Western sanctions limiting Russia's AI development, projecting 11.2 trillion rubles added to GDP by 2030.

Russia Forms AI Alliance to Challenge US Dominance

President Vladimir Putin announced a new AI alliance with BRICS and other countries to challenge US dominance, aiming for joint research and market access to overcome Western sanctions limiting Russia's AI development, projecting 11.2 trillion rubles added to GDP by 2030.

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What is the primary goal of Russia's new AI alliance network, and what are its immediate implications?

"Russia is forming an AI alliance with BRICS and other nations to challenge US dominance. This involves joint research, market access, and technology sharing, potentially altering the global AI landscape."

Showing 265 to 276 of 305 results