BRICS after Russia Summit

myslpolska.info 8 months ago

BRICS ratings in western media evolved as Russia's summit date was approaching in Kazan on 22-24 October.

I will quote the comment of my favourite C&C author Jeff Childers' blog, who described the media coverage of the communicative they would accept in reporting news related to BRICS. Jeff wrote: “If 1 thing remained unchanged in the ever-changing propaganda scenery of the substitute war, apart from its kaleidoscope narratives and chameleonic claims, then it is always the current chorus in the background sung by the media mocking choir that “Putin's aggression has made Russia increasingly isolated. I could show you at least a 100 headlines repeating this sentence: “more and more isolated”. But if Russia is even more isolated, Putin will live in downtown Manhattan."

Meanwhile, “more and more isolated” Russia launched a BRICS conference in Kazan, Russia with evidence attendance. More than 30 countries attended the three-day economical summit, including the Chinese president and UN Secretary-General António Guterres. president Putin opened the 22.10 BRICS summit 2024 with the words: "Our countries are in favour of equality, the rule of good neighbourhood, common respect, the lofty ideals of relationship and harmony, community and prosperity, and the acceptance of common work for the future of the planet in reality, not in words, to have a affirmative impact on global stableness and security, and to make a crucial contribution to solving burning regional problems".

In general, an attack on the dollar was expected, which, to the surprise of observers who included themselves as experts of the subject, did not even appear remainstwhile sitting. Business Insider published his article entitled “Putin spent years promoting the thought of dedollarisation – but fresh reality is coming”. It turned out that BRICS' plans were far more ambitious than creating a fresh currency competing with a dollar. 23.10 Bloomberg published an article entitled "IMF sees economical growth moving towards BRICS and moving distant from G-7 in a fresh perspective". The G-7 brings together 7 Western planet economical powers: the United States, Japan, Germany, France, large Britain, Italy and Canada. Bloomberg's forecast to shift the centre of gravity of the planet economy towards the BRICS countries cannot be silenced.

At the conclusion of the BRICS Summit, he published a comprehensive plan for which his members and candidates agreed. alternatively of the fresh currency, an alternate global payment platform for global trade is created. The erstwhile SWIFT platform, controlled by the United States, was compromised by the confiscation of $300 billion of Russian deposits in the SWIFT clearing bank. erstwhile BRICS develops its own global accounting system, these accounts can be executed in any currency, not necessarily in dollars.

Although BRICS is not yet ready to launch a fresh platform, prospects are so tempting that it arrives curious in joining BRICS. The first European country to signal interest in membership in BRICS is Serbia, while the first country of interest in BRICS in NATO is Turkey. The Times commentator, an unfavorable BRICS, who first accused the organization of tiny numbers erstwhile it turned out that BRICS was attracting fresh states, sought comfort in the fact that excess members might be hard to scope an agreement. As reality showed, it was unnecessary care.

Jacek Frankowski

photo of cremlin.ru

Think Poland, No. 45-46 (3-10.11.2024)

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