Region: Latin America-Caribbean
The West believes the decision to cut oil production undermines the Western economies, thus denying OPEC+ nations the right to pursue their own economic interests
ShortOn March 27, 2023, a group of Brazilian diplomats headed by Sergio Rodrigues dos Santos, Head of the Political Planning Department, Brazilian Foreign Ministry, visited Russian International Affairs Council
ShortThe resolution of the crisis might well trigger long-awaited reforms in the global order, which should imply, among other things, a more prominent role for the Global South in the international system
ShortA cartelization of the world economy could become a reaction of developing economies to the undermining of universal rules and norms in the economic sphere, most notably the principles of fair and open competition
ShortThroughout 2022 the theme of BRICS expansion has taken on notable momentum as China’s BRICS+ initiative has engendered increasing aspirations from some of the largest developing economies to join the BRICS grouping
ShortNew entrants in the reserve currency space can transform the global monetary system towards greater optionality and lower exposure to geopolitical risks
ShortRussia and Cuba have many common values when it comes to their picture of the world and their place in the current balance of power
ShortThe major outcome of COP-27 was the long-awaited establishment of a fund to help particularly vulnerable countries affected by climate change
ShortG20 largely lacks focus and prioritization, although some of the Summit’s results are positive
ShortThe launching of a new reserve currency if successful will impart a transformational effect on the international financial system
ShortOn October 6, 2022, Andrey Kortunov, RIAC Director General, had a meeting with Rodrigo de Lima Baena Soares, Brazilian Ambassador to Russia, and Pawan Kapoor, Indian Ambassador to Russia
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Poll conducted
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In your opinion, what are the US long-term goals for Russia?
U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements 33 (31%) U.S. wants to deter Russia’s military and political activity 30 (28%) U.S. wants to dissolve Russia 24 (22%) U.S. wants to establish alliance relations with Russia under the US conditions to rival China 21 (19%)

Tatiana Romanova, Maxine David

Jonathan Kirshner

Aleksey Arbatov, Sergey Oznobishchev