In this week’s round-up:
- Davos panel: BRICS CCI urges women’s entrepreneurship as economic core
- BRICS New Development Bank signs $100 mln deal for Greener Shanghai Project
- Madagascar receives South Africa’s support to join as BRICS partner
- What does Trump’s Monroe moment in Venezuela reveal about BRICS grouping?
- Lula dials PM Modi, Xi: Multilateralism, UN role in focus
Madagascar receives South Africa’s support to join as BRICS partner
Madagascar may soon become a BRICS partner country following discussions between the president of the island state, Michael Randrianirina, and South African president Cyril Ramaphosa.
Davos panel: BRICS CCI urges women’s entrepreneurship as economic core
Women’s entrepreneurship must be treated as a core economic strategy, not a peripheral social initiative, leaders from government, finance, and industry agreed at a high-level panel convened by the BRICS Chamber of Commerce and Industry Women Empowerment (BRICS CCI WE) Vertical in association with the Government of Jharkhand at the World Economic Forum in Davos.
What does Trump’s Monroe Moment in Venezuela reveal about BRICS grouping?
Donald Trump’s Venezuela gambit signals far more than an isolated intervention. It followed the newly drafted National Security Strategy, 2025, which explicitly calls on the United States to reassert and reinforce the nineteenth-century Monroe Doctrine, once again treating Latin America as an unparalleled and uncontested US geopolitical sphere of influence and restoring American preeminence in the Western Hemisphere.
Lula dials PM Modi, Xi: Multilateralism, UN role in focus as BRICS leaders discuss global issues
In a series of high-stakes diplomatic calls, Brazilian President Luiz Inácio Lula da Silva talked to Prime Minister Narendra Modi and Chinese President Xi Jinping, indicating a robust consolidation of the Global South’s agenda.
BRICS New Development Bank signs $100 mln deal for Greener Shanghai Project
The New Development Bank (NDB), established by BRICS member states, has announced the signing of a loan agreement for $100 mln with Shanghai Rural Commercial Bank (SHRCB) to finance the Greener Shanghai Project.
WATCH: How the US dollar as fiat currency is facing existential and credibility crisis
Fiat money is government-issued currency, like the US dollar or Euro, that isn’t backed by a physical commodity (like gold) but derives its value from trust in the issuing government and market supply/demand. When one side keeps printing more currency while the other side worries about geopolitical risks, that balance breaks.
BRICS in 2025: A stabilizer in a fractured world
As it marks its second year of full membership in 2026, Indonesia is likely to continue making cooperative contributions within the BRICS foundational principles of equality, openness and mutual respect.
