Some BRICS News 10-24-2024
BRICS Summit 2024 Coverage of the main event: 30 New Members, Currency, and De-dollarization
Fastepo: 10-24-2024
Welcome to our coverage of the BRICS Summit 2024, day 2, taking place in the vibrant city of Kazan, Russia.
This summit brings together leaders from Brazil, Russia, India, China, South Africa, Iran, UAE, Egypt and Ethiopia as well as many non-members leaders to discuss key issues facing emerging economies and explore ways to enhance cooperation among member nations.
With a focus on sustainable development, economic collaboration, and addressing global challenges, the summit serves as a crucial platform for shaping the future of the BRICS alliance. In this video, we highlight the main events and key statements made by BRICS leaders up until the time of this publication.
Stay tuned as we summarize the latest developments and insights from this important gathering! Due to the ongoing event and limited editing time, please note that all footage in the video is random. Our primary focus has been on the content.
We will begin with the statement from the Russian President, followed by the Chinese President, the Indian Prime Minister, the representative from Brazil, the South African President, the Egyptian President, and finally, the Iranian President and the Prime Minister of Ethiopia.
U.S. economist: BRICS to form true multilateral world
CGTN: 10-24-2024
The first BRICS summit since the group expanded from five to 10 members is underway in Russia's Kazan, with the entire world watching how these nations embrace diversity while reaching consensus in the newly-expanded bloc.
In an exclusive interview with World Insight's Tian Wei, Columbia University Professor Jeffrey Sachs noted that BRICS is not only committed to deepening internal relations, but also to building strong ties with emerging economies, leading the way to the formation of a truly multipolar and multilateral world, though many challenges still remain.
As BRICS Confirms Anti-SWIFT Financial System, Major Bank Declares US Stocks Are Done
Sean Foo: 10-24-2024
As the BRICS summit concludes, we get more information on the BRICS plan to set up a competing financial system to challenge SWIFT. Here's what this will entail.
Meanwhile, US giant Goldman Sachs just declared US stocks would underperform for the next decade
. Timestamps & Chapters:
0:00 The De-Dollarization Plan
2:51 Anti-SWIFT Platform
5:40 Banking Giant Slams U.S. Stocks
8:11 Black Swan Collapse Risk
11:42 Global US Bond Sell-Off