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BRICS

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BRICS

Dollar dumped? The UAE to join India in BRICS bloc after the two powerhouses trade 1 million barrels of oil for rupees instead of USD for the first time — what this means for the greenback

August 30, 2023 Mariel Alumit

Last week it was announced that the United Arab Emirates would be joining India among the ranks of the BRICS bloc — a coalition that seeks to empower trade between the emerging economies of its […]

BRICS

BRICS+6 Vs. G-7: The Quest For Multipolarity

August 29, 2023 Mariel Alumit

The BRICS economic bloc — comprising Brazil, Russia, India, China and South Africa — ended a three-day summit in South Africa on Thursday. It’s not often that a major international conference of national heads of […]

Aljazeera International

Palestine’s betting on BRICS, but is BRICS betting on Palestine?

August 28, 2023 Mariel Alumit

Since Russia’s full-fledged invasion of Ukraine in 2022, the geopolitics of the Middle East and North Africa region have been undergoing an upheaval. Most recently, Palestine has applied to join the Brazil-Russia-India-China-South Africa (BRICS) bloc […]

BRICS

BRICS Expands Footprint In The Global South

August 28, 2023 Mariel Alumit

Following the 15th annual BRICS summit, which was held in Johannesburg, South Africa last week, the bloc of five major emerging economies announced the admission of six new members. Iran, Saudi Arabia, Egypt, Ethiopia, Argentina […]

BRICS

Daily Energy Standup Episode #196 – Energy Insights: Refinery Shutdown, BRICS Expansion, and US Grid Vulnerabilities

August 27, 2023 Andy Del Prado

Daily Standup Top Stories Biden admin’s latest home appliance crackdown: ceiling fans August 26, 2023 Allen Santos Ceiling fans are now the latest target in the Biden administration’s green agenda, sparking pushback from Republicans and manufacturers. The […]

BRICS

BRICS’ Expansion Is Beneficial But It Also Isn’t Without Strategic Challenges

August 27, 2023 Mariel Alumit

ENB Pub Note: An excellent overview of the BRICS expansion. It is clear that the new members are a solidification of the BRICS Bank and the global financial model changing. The other Geopolitical implications are […]

BRICS

BRICS Economic Bloc Expands Adding Iran, Argentina, UAE, Saudi Arabia, Egypt and Ethiopia During Summit

August 26, 2023 Mariel Alumit

The original BRICS economic alliance between Brazil, Russia, India, China and South Africa has expanded today.  During the summit held in South Africa, the group which is home to about 40% of the world’s population […]

Oil
BRICS

BRICS will control 80% of the World’s Oil Production by Jan 1, 2024. Biden Loses Saudia Arabia

August 25, 2023 Mariel Alumit

New composition of BRICS will control 80% of world oil production With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s […]

BRICS
BRICS

Saudi Arabia, Iran and Egypt among 6 countries joining BRICS in 2024

August 24, 2023 Mariel Alumit

The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group’s summit in Johannesburg, said that Argentina, Egypt, […]

BRICS

Can BRICS create a new world order?

August 22, 2023 Mariel Alumit

They are giant economies, with even bigger populations and still greater ambitions. Starting Tuesday, leaders of the group of nations known as the BRICS – Brazil, Russia, India, China and South Africa – are meeting […]

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