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BBCNEWS BBC News June 4, 2024 09:19:00

Brics summit today. it will mostly be closed to the media, but we do expect that there are going to be discussions around the possible expansion of the brics bloc. there are already some disagreements in terms of the criteria that is going to be used to ensure that applicants are allowed. we do know also that at least 20 other countries have applied formally to be part of the brics bloc, and that includes countries like nigeria, saudi arabia, argentina, and the uae. and we also know that the president of russia, vladimir putin, is going to be delivering another speech via video link at around 11 o clock this morning. he spoke yesterday about the de dollarisation of the brics bloc and also spoke about a possible use of a single currency within the region or the brics ....

Brics Bloc , Saudi Arabia , President Putin , Video Link , De Dollarisation ,

BBCNEWS BBC News June 4, 2024 09:20:00

Bloc itself or the use of the different currencies in all of these countries to ensure that the dollar is not used in these countries. and of course, it remains to be seen in terms of how this is actually going to be working and also how other countries, like brazil and india, who have close ties to the us, how they are going to be, you know, working around ensuring the de dollarisation that president putin is talking about. social rain has caused flooding in chile and the sports stadium has been up torrential rain. the chilean president has declared a state of emergency in four regions. officials estimate 25,000 people are cut off by the floodwaters. the southern texas coast has been hit by a tropical storm leaving thousands of homes without power. storm harold ....

President Putin , De Dollarisation , Sports Stadium , State Of Emergency , Southern Texas Coast , Storm Harold ,

HL: Premature for SA to discuss de-dollarisation

Finance Minister Enoch Godongwana believes it’s too early for South Africa to enter discussions about de-dollarisation and creating an alternative to the cross-border payments system Swift. ....

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BBCNEWS BBC News at Ten June 4, 2024 21:15:00

Order where, as they see it, the united states and the west makes and breaks the rules. brics started off modestly two decades ago when british economist working for goldman sachs, lord o neill, came up with this catchy phrase to talk about four and then later five emerging economies. but now it has become a club which wants to do far more than that. it represents about half of the world s population, 25% of its gdp, and it wants to use this occasion, it is even talking about the decolonisation of the world economy, moving away from the dollar as the standard which is ambitious and may not be feasible but is a member measure of the ambition of the group the de dollarisation. and president putin address the summer, suggesting he is perhaps not quite so isolated after all. it was ....

British Museum , Io Neill , Economist Working For Goldman Sachs , World S Population , The World Economy , De Dollarisation ,

Opinion | What Model Should the Expansion of BRICS Follow?

India seeks an agreement on principles and objective criteria that would form the basis for decisions for expansion ....

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