Region: Latin America-Caribbean

New entrants in the reserve currency space can transform the global monetary system towards greater optionality and lower exposure to geopolitical risks

Russia and Cuba have many common values ​​when it comes to their picture of the world and their place in the current balance of power

The major outcome of COP-27 was the long-awaited establishment of a fund to help particularly vulnerable countries affected by climate change

G20 largely lacks focus and prioritization, although some of the Summit’s results are positive

What should we expect from G20 summit in Bali, Indonesia?

The launching of a new reserve currency if successful will impart a transformational effect on the international financial system

On 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

Harnessing continental distance for the developing economies may be the single most important mission for BRICS and the New Development Bank (NDB) in the coming decades

The platform for a comprehensive FTA across the Global South may be based on the BRICS+ framework

All countries need to remain diplomatic in promoting their priorities, and seek a delicate balance

The changing landscape of the global economy in recent years is increasingly characterized by a more active role of developing economies in building their own platforms for economic cooperation

On July 7, 2022, at the Embassy of Brazil in Russia, Andrey Kortunov, RIAC Director General, had a meeting with a group of senior foreign diplomats, including the ambassadors of Egypt, Mexico, and South Africa.