BRICS is an acronym for Brazil, Russia, India, China, and South Africa and its creation was initiated by Russia. The membership has now grown to 11 and African nations have not been left behind. We look at the significance of BRICS in the geopolitics and trade sector and the net effect globally. De-dollarization has been a key issue across the globe and the member nations are working towards the use of local currencies for payments between member states, what does this mean for the world? Russia’s Vladimir Putin is the current chairperson amidst isolation on the diplomatic stage because of the Russia Ukraine war. What happens next?
22 мар 2024
