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India-Russia Space Cooperation: Deepening Ties for a Peaceful Outer Space

/ 55 yıl
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2 min read

India and Russia are expanding their longstanding partnership in space, with Russia emerging as a pivotal supporter of India’s ambitious Gaganyaan mission. As one of India’s key allies in space exploration, Russia has been instrumental in astronaut training, assisting in developing a manned spacecraft, and providing essential life-support and crew-escape systems. Russian expertise also extends […]

Russia in Talks with BRICS Over Precious Metals Exchange

/ 55 yıl
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1 min read

Russia is in talks with other BRICS members about creating an international precious metals exchange to ensure fair pricing and trade growth, the country’s Finance Minister Anton Siluanov said in a statement. “The mechanism will include the creation of price indicators for metals, standards for the production and trade of bullion, and instruments for accrediting […]

South Africa’s Chairmanship of G20 Officially Starts

/ 55 yıl
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3 min read

South Africa has taken over the baton of the G20 presidency from Brazil. The event is a milestone not only in the history of South Africa, but of Africa as a whole. It will be the first time the continent will host a summit of this global association. This is reported by Pretoria News, a […]

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BRICS Summit Declaration: New Platforms and Priorities

/ 55 yıl
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4 min read

In our view, there is a tangible shift towards creating new platforms in the sphere of economic cooperation, including in such areas as connecting BRICS financial markets infrastructure, platforms for cross-border payments, depositary infrastructure, platforms for cooperation of BRICS Special Economic Zones (SEZs), BRICS Grain Trade Exchange. On BRICS expansion, while the declaration promulgated the […]

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The Rise of BRICS and the Emerging Multipolar World

/ 55 yıl
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5 min read

A new age of international relations is dawning. With the West accounting for a declining share of global gross domestic product and the world becoming increasingly multipolar, countries are jostling to establish their positions in the emerging order. This includes both the emerging economies — represented by the recently expanded BRICS grouping — that seek […]

BRICS+ Economies Set to Surpass G7 by 2045, Forecast by the Economist Intelligence Unit Predicts

/ 55 yıl
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2 min read

The combined economic output of the BRICS+ countries is projected to surpass that of the G7 nations by 2045, according to a global economic forecast by the Economist Intelligence Unit (EIU), the research arm of The Economist Group. The forecast indicates a narrowing gap between these two economic blocs over the coming decades. In 2020, […]

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A Series of BRICS Polls: Important Questions Remain

/ 55 yıl
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4 min read

The BRICS summit in Kazan triggered further waves of discussions on possible expansion as well as the key priorities of the bloc going forward. In this regard, it was particularly important this year to hear the voice of the population of the countries of the Global South on how BRICS is perceived and which of […]

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BRICS: A Bastion of Democratic Power

/ 55 yıl
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5 min read

The United States’ treatment of other countries is a stark reminder of the undemocratic nature of the United Nations. The US has been known to bully and coerce nations into submission, often using its military, economic, and cultural influence to get its way. For instance, the USA has prevented Germany from withdrawing its gold reserves […]

Dedollarisation and Independent Payment Framework, a Big Agenda for BRICS

/ 55 yıl
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8 min read

At the forefront of the geoeconomic war of supply chains, economic corridors and trading routes is the dedollarisation movement spearheaded by the Brics collective. To begin with, what is dedollarisation? To understand this phenomenon, one needs to understand first its antonym – dollarisation. Dollarisationrepresents US dominance in global finances. It started in the 1920s when […]

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