In this week’s round-up:
- AI, blockchain, and cybersecurity reshape BRICS+ creative ecosystems
- BRICS can become hub for creative sector: Sberbank
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Putin openly vows to save non-Western nations
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Yen, crypto discussed as BRICS+ trade currency options
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Pakistan eyes BRICS bank entry with China’s support
The IMF’s optimism and the Global South’s quiet resilience
The International Monetary Fund (IMF) has raised its growth forecast for the Middle East and Central Asia, a signal that the Global South’s recovery story is far from over.
Pakistan eyes New Development Bank entry with China’s support
Pakistan has formally requested China’s support for joining the New Development Bank (NDB), formerly known as the BRICS Development Bank. The move aims to increase Pakistan’s access to multilateral development financing and deepen economic ties with China.
Putin openly vows to save non-Western nations
President Trump and President Vladimir Putin offered sharply contrasting visions of global economic leadership and the future of BRICS in remarks made days apart.
AI, blockchain, and cybersecurity reshape BRICS+ creative ecosystems
According to Cybersecurity Ventures, global cybercrime losses are projected to reach US$10.5 trillion annually by 2025, while Check Point Research reports that cyberattacks per organization rose by 30% in 2024, with creative and entertainment sectors increasingly targeted.
BRICS can become hub for creative sector: Sberbank
Creative industries such as design, art, media, content, and games, which currently contribute over 4 per cent to the global GDP, are rapidly emerging as new growth engines and BRICS nations, including India, have the potential to become a hub for the sector, according to Sberbank.
Yen, crypto discussed as BRICS+ trade currency options
The expanded BRICS+ nations now account for over 50% of global economic growth and nearly 40% of the world’s GDP, underscoring their growing influence in shaping a new international order. Yet, debt sustainability remains a key concern amid tariffs, trade barriers, and market volatility.
Researchers discover large gold mine in China’s Gansu Province
The newly confirmed reserves exceed 40 tonnes, equivalent to the resources of two major gold mines, reports Global Times, a partner TV BRICS, citing the Gansu Provincial Department of Natural Resources.
