BRICS nations offer a "New World Order" as alternative to the West
Apr 4, 2023


BRICS nations offer a "New World Order" as alternative to the West

(OPINION) The acronym began as a somewhat optimistic term to describe what were the world's fastest-growing economies at the time. But now the BRICS nations—Brazil, Russia, India, China, and South Africa—are setting themselves up as an alternative to existing international financial and political forums.

"The founding myth of the emerging economies has faded,” Günther Maihold, deputy director of the German Institute for International and Security Affairs, or SWP, confirmed. “The BRICS countries are experiencing their geopolitical moment."

According to Frontline the Hindu, Brazil, Russia, India, China and South Africa are trying to position themselves as representatives of the Global South, providing "an alternative model to the G7." The G7 is an "informal forum" of heads of state of the world's most advanced economies, founded in 1975. Germany, France, the United Kingdom, Italy, Japan, Canada, and the US are members, as is the EU.

The acronym BRIC, which initially stood for Brazil, Russia, India and China, was coined by Jim O'Neill in 2001, when he was chief economist of the multinational investment bank, Goldman Sachs. At the time, the four countries had sustained rates of high economic growth and the BRICS label stood for economic optimism about the future of those nations. Opponents of the label said the countries were too diverse to be grouped together like this and that it was really just a Goldman Sachs marketing ploy.

But what may have started as a marketing ploy to encourage investors, has grown into a platform for intergovernmental cooperation similar to the G7. In 2009, the four nations met for their first summit in Russia's Yekaterinburg. In 2010, South Africa was invited to join the group, adding the "S" to BRICS.

In 2014, with $50 billion (around €46 billion) in seed money, the BRICS nations launched the New Development Bank as an alternative to the World Bank and the International Monetary Fund. In addition, they created a liquidity mechanism called the Contingent Reserve Arrangement to support members struggling with payments.

These offers were not only attractive to the BRICS nations themselves, but also to many other developing and emerging economies that had had painful experiences with the IMF's structural adjustment programs and austerity measures. This is why many countries said they might be interested in joining the BRICS group.

The BRICS bank is open to new members. In 2021, Egypt, the United Arab Emirates, Uruguay and Bangladesh took up shares. However, these were much lower than the respective $10 billion investments made by the bank’s founding members.

Source

Absent a large-scale direct intervention by NATO forces fighting with the AFU, there is zero possibility that a credible Ukrainian offensive can be mounted.

NATO intervention would be catastrophic.

Irrational in the extreme.

But the empire appears increasingly irrational ...

rottennaija:
Absent a large-scale direct intervention by NATO forces fighting with the AFU, there is zero possibility that a credible Ukrainian offensive can be mounted.

NATO intervention would be catastrophic.

Irrational in the extreme.

But the empire appears increasingly irrational ...

Which offensive took khersom city from the Russians
Which offensive took the entire northern Ukraine from the Russians, liberating city's like kharviv and the strategic transport hub of Lyman.

The Ukrainian dose not need a NATO offensive to take territories From Russia.
They(ukrainians) have proven with out doubts with the right weapons they are fully prepared for the job.
The results on the battlefield speaks for it's self.


NB, I have not heard zelenzky asking for troops or calling NATO to send men, it's roaring call has been give me weapons, and they will drive russia out of Ukraine.

Young man, I know you wanna please your fellow punks here in nairalnad, but you don't have to write such abominable things here..
It shameful

OLAADEGBU:
BRICS nations offer a "New World Order" as alternative to the West
Apr 4, 2023


BRICS nations offer a "New World Order" as alternative to the West

(OPINION) The acronym began as a somewhat optimistic term to describe what were the world's fastest-growing economies at the time. But now the BRICS nations—Brazil, Russia, India, China, and South Africa—are setting themselves up as an alternative to existing international financial and political forums.

"The founding myth of the emerging economies has faded,” Günther Maihold, deputy director of the German Institute for International and Security Affairs, or SWP, confirmed. “The BRICS countries are experiencing their geopolitical moment."

According to Frontline the Hindu, Brazil, Russia, India, China and South Africa are trying to position themselves as representatives of the Global South, providing "an alternative model to the G7." The G7 is an "informal forum" of heads of state of the world's most advanced economies, founded in 1975. Germany, France, the United Kingdom, Italy, Japan, Canada, and the US are members, as is the EU.

The acronym BRIC, which initially stood for Brazil, Russia, India and China, was coined by Jim O'Neill in 2001, when he was chief economist of the multinational investment bank, Goldman Sachs. At the time, the four countries had sustained rates of high economic growth and the BRICS label stood for economic optimism about the future of those nations. Opponents of the label said the countries were too diverse to be grouped together like this and that it was really just a Goldman Sachs marketing ploy.

But what may have started as a marketing ploy to encourage investors, has grown into a platform for intergovernmental cooperation similar to the G7. In 2009, the four nations met for their first summit in Russia's Yekaterinburg. In 2010, South Africa was invited to join the group, adding the "S" to BRICS.

In 2014, with $50 billion (around €46 billion) in seed money, the BRICS nations launched the New Development Bank as an alternative to the World Bank and the International Monetary Fund. In addition, they created a liquidity mechanism called the Contingent Reserve Arrangement to support members struggling with payments.

These offers were not only attractive to the BRICS nations themselves, but also to many other developing and emerging economies that had had painful experiences with the IMF's structural adjustment programs and austerity measures. This is why many countries said they might be interested in joining the BRICS group.

The BRICS bank is open to new members. In 2021, Egypt, the United Arab Emirates, Uruguay and Bangladesh took up shares. However, these were much lower than the respective $10 billion investments made by the bank’s founding members.

Source

Only India and China are significant to world economy the rest are jokers and wannabe (Brazil)

India and China trade or business exchange is in what volume?
All these empty noises are flash in a pan, looking at the internal affairs of the five countries in economics, justice and equity, press freedom and media, consumer power only Brazil scores 50% in all
The rest are just deceiving themselves, they can't put their internal mess in order it is their external bickering they wanna solve

Even POOtins knows he dares not fly outside of Russia to any of this country, maybe China can be safe cause it's for him to just strol in but any other he would be arrested like a guinea fowl down to the Hague

BRICS are noisemakers we will soon hear of the ECO zone, Almighty dollar Pound sterling and Euro is still where to put your trust in others are chicken economy

rottennaija:
Absent a large-scale direct intervention by NATO forces fighting with the AFU, there is zero possibility that a credible Ukrainian offensive can be mounted.

NATO intervention would be catastrophic.

Irrational in the extreme.

But the empire appears increasingly irrational ...

As usual writing nonsense, small Bakhmut they are still sweating like 🐐 goat

Hotice085:




Only India and China are significant to world economy the rest are jokers and wannabe (Brazil)

India and China trade or business exchange is in what volume?
All these empty noises are flash in a pan, looking at the internal affairs of the five countries in economics, justice and equity, press freedom and media, consumer power only Brazil scores 50% in all
The rest are just deceiving themselves, they can't put their internal mess in order it is their external bickering they wanna solve

Even POOtins knows he dares not fly outside of Russia to any of this country, maybe China can be safe cause it's for him to just strol in but any other he would be arrested like a guinea fowl down to the Hague

BRICS are noisemakers we will soon hear of the ECO zone, Almighty dollar Pound sterling and Euro is still where to put your trust in others are chicken economy

U need to visit psychiatric.

Eneye4me:
U need to visit psychiatric.

Ya papa

A.F. Branco Cartoon – French Fried Justice
A.F. BRANCO on April 13, 2023 at 5:00 am

French Macron Sides with China


French Leader Macron Siding with China over Ukraine, Taiwan, and the U.S. Dollar. Political cartoon by A.F. Branco ©2023.

Fake pastor of propaganda, which one among those shitty dictator you feel comfortable running the world? When they can't even guarantee freedom for their citizens? Maybe you've gone mental.

King Dollar-End Of His Reign!



King Dollar-End Of His Reign. Cartoon published 16/04/2023. Nearly 12 years ago I penned a similar cartoon to this one. ...

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OLAADEGBU:
King Dollar-End Of His Reign!



King Dollar-End Of His Reign. Cartoon published 16/04/2023. Nearly 12 years ago I penned a similar cartoon to this one. ...

Continue Reading

.



Ogbeni swear by the gods of your ancestors that if you know you are not a FAKE DUBIOUS and 419 pastor can any Russian citizen China or North Korea make a cartoon like this?

BRICS nation that if you take out China from it the GDP of California Texas Florida and Illinois will rubbish like tissue paper
Pastor onirogbo plz match this country make we see how far
India Japan
Brazil Germany
Russia Canada
South Africa UK .......BRICS ni bricklayers kor

Same brics destabilizing Sudan or another one?

Eneye4me:
U need to visit psychiatric.

he was already there but he escaped before psychiatric evaluation could be completed.

mysticwarrior:
he was already there but he escaped before psychiatric evaluation could be completed.

my chest

'UNTHINKABLE': Trump warns of US losing power as the dollar dwindles in dominance. https://trib.al/E04se34