BRICS: New Silver Lining for the World
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
BRICS countries have not only sustained but fortified their economic and trade ties, delivering tangible benefits to global economic governance and fostering resilience in the global economy.
This bloc should not be a ‘talk shop’, but an ‘action team’ that can speak with one voice for the Global South.
If the U.S. hopes to get out of the woods, picking up China-U.S. cooperation will prove to be the right thing to do as well as an effective way to curb inflation.
The race for supremacy in the semiconductor industry is about much more than just technological dominance. It is about shaping the future of civilization.
The U.S. is pursuing financially unstable policies to forcibly invest in a hegemonic position, but the world is changing and may not accept this forever.
The world is no longer as it was, unipolar-centric around one country. Many countries have the need to make their voice heard by the world.
President Biden could not put out any of the wildfires on Maui, and he does not want to put out the fires of war being stoked by the United States.
Under the BRICS mechanism, China-South Africa economic cooperation has expanded to cover all sectors.
The fiscal and debt difficulties confronting the U.S. have not improved. Instead, they have become worse.
If you look at where economic growth has come from globally, I’d say over the last 10 years, the biggest economic contributor by far is China.
What is the reason for this growing interest in the BRICS grouping? The search for inclusive and results-oriented multilateralism may be one of the answers to this question.
China’s expanding economic cooperation with Middle Eastern nations can foster greater political stability, providing an opportunity for shared development and prosperity.