Summary:
While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply.Warming up but not yet ready for prime time. Progress is being made but much of the hype is premature. No new currency will be announced at the upcoming meeting, although it is being discussed. The issue now is an alternative payments system for settling trade among the BRICS nations.The CradleBRICS problems, BRI solutionsPepe Escobar
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply.Warming up but not yet ready for prime time. Progress is being made but much of the hype is premature. No new currency will be announced at the upcoming meeting, although it is being discussed. The issue now is an alternative payments system for settling trade among the BRICS nations.The CradleBRICS problems, BRI solutionsPepe Escobar
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
While the five original BRICS states have their geopolitical differences, they are finding enormous common ground on the geoeconomic front as trade volumes surge and trade routes multiply.
Warming up but not yet ready for prime time. Progress is being made but much of the hype is premature. No new currency will be announced at the upcoming meeting, although it is being discussed. The issue now is an alternative payments system for settling trade among the BRICS nations.
BRICS problems, BRI solutions
Pepe Escobar