MenuLast week saw a landmark summit of the BRICS group of nations, a nine-country economic bloc led by Moscow and Beijing, which drew representatives from 36 countries, including 22 heads of state. Held from Oct. 22 to Oct. 24 in the Russian city of Kazan, the event focused largely on “de-dollarization”—the idea of phasing out
Tag Archives: BRICS
China Bets On Leadership In The Green Tech Frontier
At the 2024 BRICS summit, China claimed that its advances in Green Tech serve as a “valuable reference” for the bloc and the globe. While Beijing talks a good game about its investments in renewables as an engine of domestic and global economic growth, the realities of China’s sluggish economy suggest otherwise. Earlier this month, China
BRICS Expansion: China’s Energy Victory?
At a recent summit in Johannesburg, South Africa, the Brazil-Russia-India-China-South Africa (BRICS) group, which some believe can counter-balance the West, for the first time in over a decade, opted to invite six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE UAE0.0%). This disparate group of emerging economies has one