In this week’s round-up: Agri trade poised to benefit from South Africa’s global positioning next year, but BRICS needs work; Cuba and Bolivia may join BRICS as partner countries in 2025; Russia announces BRICS+ AI alliance; American designs in Angola are against BRICS expansion in Africa; PJ Patterson urges Jamaica to embrace BRICS, despite Trump warning; Africa sees growing drive to join BRICS.
With a stable dollar, Donald Trump won’t have to demand BRICS fealty
The free flow of goods is the ultimate driver of economic progress precisely because it signals the humans who drive all progress doing the work that most associates with their unique skills and intelligence. Still, Trump’s demands are worth addressing as a way of making a case for a stable dollar such that Trump would never feel the need to demand such greenback fealty in the first place.
BRICS have no interest in weakening US dollar: Jaishankar
His remarks came a week after US President-elect Donald Trump had demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the dollar or face 100 per cent tariffs.
American designs in Angola are against BRICS expansion in Africa
In the contemporary geopolitical landscape, Africa has emerged as a focal point for major world powers, particularly with the rise of BRICS nations. Among these dynamics, the United States Empire finds itself navigating a complex web of interests, particularly in Angola a country which is rich in resources vital for the global economy.
US duties on goods from BRICS countries to be followed by countermeasures — expert
BRICS countries will respond with countermeasures if US President-elect Donald Trump imposes 100% duties on goods from members of the alliance, Professor at Jeffrey Cheah Institute on Southeast Asia at Sunway University (Malaysia) Shakila Yacob said.
Africa’s first BRICS film festival set to launch in Addis
The Ethio-China Film and Television Festival, marking the launch of Africa’s first BRICS Film Festival, is scheduled to take place from December 20 to December 23, 2024, in Addis Ababa, Ethiopia. This inaugural event aims to foster knowledge exchange between film education institutions in China and Ethiopia while revitalizing the African film industry.
Agri trade poised to benefit from South Africa’s global positioning next year, but BRICS needs work
With the 2024/25 season expected to benefit from La Niña rains, solid exports having been reported in the year-to-date, food price inflation having come down to 2.8% in October and the Agribusiness Confidence Index having increased by ten points to 58 in the fourth quarter of the year, experts are optimistic that the agriculture sector will grow meaningfully in 2025.
Latin America’s BRICS future
Countries in the region are looking for opportunities to strengthen their positions.
Trump’s BRICS ultimatum won’t deter de-dollarisation
As Donald Trump gears up for another stint in the White House, the US President-elect is clearly concerned about what the BRICS nations may have in store for the US dollar.
Evening of Persian poetry held at BRICS+ centre
The BRICS+ Information and Cultural Media Centre in Moscow hosted an evening of Persian poetry in Moscow.
Richard Wolff: The End of the US Empire, Russia DESTROYS Sanctions & Rise of BRICS
Listen to Professor Richard Wolff and economist Michael Hudson on a live stream discussing the decline of the U.S. Empire and the rise of the BRICS nations. They explore the economic roots of the current global developments and geopolitical tensions. The discussion delves into the implications of the conflict in Ukraine on the U.S. economy and NATO, highlighting the misunderstood economics at play.
PJ Patterson urges Jamaica to embrace BRICS, despite Trump warning
Despite a warning from US President-elect Donald Trump to impose 100 per cent tariffs on countries that are part of the BRICS economic block if they introduce new currency in direct competition to the US dollar, former Jamaican Prime Minister PJ Patterson says Jamaica should embrace BRICS.
India’s first BRICS educational expedition ends in Ahmedabad with an MoU
The MoU was signed with the Russia BRICS Project Office.
Africa sees growing drive to join BRICS
The increasing number of African countries seeking to join the BRICS group signifies a strategic shift by the continent aimed at deepening its influence in the global community and securing new economic pathways for the future, analysts say.
BRICS advocates openness, not bloc confrontation, Chinese FM says on Trump’s 100% tariff threat
As an important platform of cooperation for emerging markets and developing countries, BRICS advocates openness, inclusiveness and win-win cooperation, not bloc confrontation, and does not target any third party.
The US ‘Moneytricks’, BRICS and Michael Manley’s vision
AS THE China-Russia-led BRICS alliance expands, a growing concern is emerging in the West: BRICS is challenging the dominance of the US dollar in global trade. This shift – part of a broader ‘de-dollarisation’ movement – has profound implications for global finance and US economic power.
Russia: Cuba and Bolivia may join BRICS as partner countries in 2025
Cuba and Bolivia could join BRICS as partner countries as of January 1, 2025, Russian Deputy Foreign Minister Sergei Riabkov told the Izvestia newspaper.
Russia announces BRICS+ AI alliance
The Russian Direct Investment Fund (RDIF) has announced the launch of an alliance within the BRICS group aimed at joint development of Artificial Intelligence (AI).
