... Swedish schools because they are stealing her childhood.
In any case, she is too busy promoting Ukraine’s eco-friendly war arsenal these days. As for the child slave miners of Congo, “let them eat cake” as Marie Antoinette once allegedly said.
5. BRICS multipolar order
There is a geopolitical dimension to Big Capital’s U-turn on ESG. The resource-rich sub-Saharan Africa is tilting towards the BRICS bloc, in particular China, even as the West implodes from within. A new generation of African ...
... officially using some of the most widely spoken languages, the organization can hardly claim a truly high level of geographical, religious and linguistic representation
In recent months, at least six African states have declared their desire to join BRICS. Algeria, Egypt, Nigeria, Senegal and Sudan (before commencement of the civil conflict) explicitly indicated this, while Ethiopia was the last to declare its intention in late June 2023. In total, the number of candidates for accession has
reached ...
BRICS needs Africa in order for the block to follow the route of greater openness, inclusiveness and growth
In 2023 South Africa is chairing the BRICS grouping and has declared that it intends to work towards closer BRICS-Africa partnership. As a member ...
... which perhaps the most important has been the AU-led creation of the African Continental Free Trade Area (AfCFTA). The African Union is in the process of accession to the core of the G20 grouping as a full-fledged member and is also a participant of the BRICS+ meetings that in turn are increasingly targeting regional groupings from the Global South. What will be the future course taken by the African Union along the North-South (G20/BRICS) axis and are there prospects for the AU to become a permanent ...
... discussions on the likely changes in the configuration of the global financial system, with scenarios ranging from a bi-polar system dominated by the dollar-yuan duopoly and various multipolar scenarios, involving among other possibilities the creation of a BRICS reserve currency. And it is the prospect of the creation of R5 – the provisional name for the would-be BRICS currency (all BRICS currencies start with the letter “R”) – that is shifting into the epicenter of the increasingly heated global ...
Throughout 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
Throughout 2022 the theme of BRICS expansion has taken on notable ...
... international monetary system will be increasingly geared towards the creation of new regional currencies that will aspire to take on a global reserve status
The start of the year 2023 was marked by a series of statements coming from representatives of BRICS countries concerning plans to create new currencies. In particular, Brazil’s President Lula called for the creation of common currencies among BRICS and MERCOSUR countries, while Russia’s Foreign Minister Sergey Lavrov stated that the creation ...
In 2022, Algeria not only enhanced its participation in regional international organizations; it also declared its ambitions on a different, higher or even global level
The application to join BRICS, hosting the LAS summit, the new international activity of Algeria, as well as the stance taken by its leadership in relation to the Russia-Ukraine crisis, make many observers turn their eyes to this North African nation, whose regional role was ...
... on Russia’s reserve assets in the hundreds of billions of dollars.
Such developments put into question the security of the dollar-centered international monetary system, rekindling discussions on the prospects of new reserve currencies such as the BRICS reserve currency. The new entrants in the international currency reserve space that are likely to emerge may include not only national reserve currencies but also currency baskets. If successful, these new entrants can transform the global monetary ...
... creation and developing an integrated approach to labor market policy (all these initiatives were launched in 2013 during Russia’s G20 chairmanship). Besides, Russia views G20 as a useful platform for strengthening economic policy coordination among the BRICS economies (all of BRICS are G20 members) as well as with other heavyweights of the Global South.
G20 evolution: What is the way ahead?
Yaroslav Lissovolik:
Integration along the North–South Axis: Opportunities for Coupling
Looking into the ...
