Asia’s next step away from dollar
Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to reduce reliance on the US dollar – Nikkei…
Evergrande loses $2 billion in value as trade resumes
China’s Evergrande Group lost about $2 billion, or 80% of its market value, on Monday after trading of its shares resumed, a decisive move for the world’s most indebted company…
BRICS POWER
BRICS currently controls 30% of the entire world economy, 43% of oil production, 25% of exports of goods, 46% of the world’s population lives in it.
Mohammed bin Zayed Al Nahyan Official Statement on BRICS+
“We respect the vision of the BRICS leadership and appreciate the inclusion of the UAE as a member to this important group. We look forward to a continued commitment of…
The BRICS expansion: recaps and highlights
BRICS leaders have adopted the final declaration of the 15th BRICS summit, dubbed Johannesburg 2, and a press conference on its outcome is underway. Meanwhile we have compiled the main…