The New Development Bank (NDB) of the BRICS group of major emerging economies has welcomed Egypt to the Brics alliance, according to an announcement by the Egyptian government Wednesday. Established in 2014, the New Development […]
Authored by Pepe Escobar via The Cradle, The increasingly irrelevant G20 Summit concluded with sure signs that BRICS+ will be the way forward for Global South cooperation… The redeeming quality of a tense G20 held […]
If accepted, the new proposed BRICS members would create an entity with a GDP 30% larger than the United States, over 50% of the global population and in control of 60% of global gas reserves. […]
How much does it matter whether oil is priced in dollars? What are the alternatives, and how vulnerable is dollar pricing? Who would suffer — or gain — most if dollars ceased to be the […]
ENB Pub Note: The BRICS countries did not have the financial clout to impact global markets until the energy and geopolitical crisis. Now, if they add members and move oil trading away from the U.S. […]
From BOE REPORT September 6, 2022 7:25 AM Terry Etam As I spent a summer avoiding energy discussions wherever possible (harder than normal; funny how 15 years of energy policy calamity was uninteresting until record […]
As I spent a summer avoiding energy discussions wherever possible (harder than normal; funny how 15 years of energy policy calamity was uninteresting until record utility bills scorched J. Q. Public’s eyeballs), the lazy days […]
The first half of 2022 is ending with a string of major summits. Meetings of national leaders aren’t usually fateful, but the G-7 summit in southern Germany and the BRICS summit in Beijing are different […]
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