Financial Intelligence

#BRICS Kazan Declaration Explained 1

#BRICS Kazan Declaration Explained

Recently, leaders from BRICS—an alliance of Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, and the UAE—gathered for a three-day summit in Kazan, Russia. They released an important document that addresses many global issues and calls for a fairer world. A Fairer World for All The main message from

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How BRICS Could Break Free From IMF And World Bank Control 1

How #BRICS Could Break Free From IMF And World Bank Control

The BRICS group—Brazil, Russia, India, China, and South Africa—has become the center of attention for many developing countries that feel left out by Western institutions like the World Bank and IMF. These countries believe these organizations don’t treat them fairly or as equals, and they’re looking to BRICS for a

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The Rise Of BRICS: A Global Power Shift In 2024 1

The Rise Of BRICS: A Global Power Shift In 2024

BRICS, a powerful international group, was formed in 2006, starting with Brazil, Russia, India, and China. In 2011, South Africa joined, expanding the group’s influence. Now, as of 2024, new members have been welcomed: Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia. Though Saudi Arabia hasn’t formalized its membership yet,

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India's Foreign Minister Explains Why West Fears The Rise Of BRICS 1

India’s Foreign Minister Explains Why West Fears The Rise Of BRICS

India’s Foreign Minister, S. Jaishankar, recently spoke at the 2024 NDTV World Summit, offering some powerful insights into how global power dynamics are shifting. According to Jaishankar, the world is no longer dominated by just a few Western countries. Instead, non-Western nations like India and China are rising in influence,

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Why Thousands Of Americans Are Retiring Abroad? 1

Why Thousands Of Americans Are Retiring Abroad?

This year, a record number of Americans are turning 65, and many are looking to retire in other countries. For these former U.S. residents, also known as “expats,” moving abroad seems like a great way to escape the high costs of living and healthcare in the United States. However, retiring

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The $100 Trillion Threat: How It Could Impact Your Wallet 1

The $100 Trillion Threat: How It Could Impact Your Wallet

As top finance officials from around the world prepare to meet in Washington, the International Monetary Fund (IMF) is sending a strong warning: it’s time for countries to get their finances in order. With a crucial U.S. election just weeks away and memories of a recent inflation crisis still fresh,

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BRICS Pay: New Payment System To End Dollar Dominance

This year marks the first time that BRICS—a group of five major emerging economies, now expanded to include ten members—will hold a summit since its expansion. The big event will take place from October 22 to 24 in Kazan, Russia. One of the key topics everyone is buzzing about is

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Zelensky Approves Sell-Off Of Ukrainian State Banks 1

Zelensky Approves Sell-Off Of Ukrainian State Banks

Ukrainian President Volodymyr Zelensky has just signed an important law that allows the government to sell state-owned banks. This decision, announced on the Verkhovna Rada’s website, is a big step in changing how banks operate in Ukraine. Why Is This Happening? The law, which was passed by the Rada on

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