2024-10-23 23:55:08
Politics
Economy
BRICS Summit: A New Global Balance?
Image courtesy of : AFP (MAXIM SHIPENKOV)
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BRICS Bridge - a global payment system - How Russia wants to expand its power
Finance
Politics
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The BRICS organization wants to create the global payment system BRICS Bridge; Russia sees this as an opportunity to circumvent Western sanctions; Developing countries are showing interest in the BRICS system for fast payments; The BRICS Development Bank has joined the sanctions against Russia in 2022.
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China Calls for De-escalation in Ukraine
Politics
At the BRICS summit in Russia, China and India are calling for de-escalation in the Ukraine war. Russian President Putin is seeking support from the BRICS states, whose group is considered heterogeneous. UN Secretary-General Guterres meets with Putin, which Estonia criticizes. India and China had previously resolved a border dispute.
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BRICS Summit in Kazan, Russia: Joint Declaration of the BRICS Countries - What's Important
Politics
Economy
Finance
BRICS Summit in Kazan: Joint Declaration on Conflicts, Finance and the Need for Reform. Concern over the situation in southern Lebanon, criticism of coercive measures, call for reform of the financial architecture.
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