Tag: BRICS

News

Mexico, Colombia, and Uruguay invited to BRICS Summit

In Rio de Janeiro, Next July eyesonbrasil Amsterdam, 4 March 2025–Brazilian President Luiz Inácio Lula da Silva invited Mexico, Colombia, and Uruguay to participate in the upcoming BRICS summit in July in Rio de Janeiro.  The bloc, which includes Brazil, China, and India, represents 40% of the world’s population. The summit will focus on reducing…
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Indonesia's Promising BRICS Journey Amidst Global Turbulence

Indonesia’s Promising BRICS Journey Amidst Global Turbulence

eyesonsuriname A New Chapter for Indonesia in BRICS Amsterdam, February 24th, 2025 – Indonesia’s entry into the BRICS bloc in January 2025 marked a significant milestone in its diplomatic journey. As the first Southeast Asian nation to join BRICS, Indonesia has injected fresh energy into the coalition, extending its reach into the dynamic Southeast Asian region.…
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Brazil’s government confirmed Monday that Indonesia had joined the BRICS bloc as a full member

eyesonsuriname Brazil’s government confirmed Monday that Indonesia had joined the BRICS bloc as a full member, making it the first country to do so this year.  The alliance now has the fourth largest population on the planet, with the new partner’s 284 million inhabitants making it the 10th largest economy in terms of purchasing power…
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BRICS New Development Bank offers financing opportunities

BRICS New Development Bank offers financing opportunities

Dilma Rousseff eyesonsuriname Amsterdam, 28 december 2024– Former Brazilian President Dilma Rousseff, who now chairs the BRICS’ New Development Bank (NDB) said Friday after meeting with Uruguay’s President-elect Yamandú Orsi at the latter’s transition headquarters that the South American country was “best positioned” to access financing at lower rates for digital, social infrastructure, and education developments.…
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Venezuela recalls ambassador to Brazil for consultations after BRICS veto

A Diplomatic Dance: Venezuela and Brazil’s BRICS Saga

The Unexpected Veto eyesonsuriname Amsterdam, October 31st, 2024 – In a surprising turn of events, Venezuela’s bid to join the BRICS bloc was vetoed during the recent summit in Kazan. This decision has sparked a diplomatic whirlwind, with President Nicolás Maduro calling for consultations with the Brazilian ambassador. Maduro’s claim that Brazil’s “irrational” diplomacy played…
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BRICS Bank Might Extend Dilma Rousseff’s Mandate

BRICS Bank Might Extend Dilma Rousseff’s Mandate

Offer from Russia eyeson..project Amsterdam, 25 oktober 2025–Former Brazilian President Dilma Rousseff was offered the chance to stay for another five years as head of the New Development Bank (NDB, also known as the BRICS Bank) by Russian President Vladimir Putin during the bloc’s Summit in Kazan, it was reported by Brazilian News Agencies on…
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Federal Reserve

Commentary Column by the Financial Policy Council

for eyesonsuriname Amsterdam, August 4th 2024– Out in the Far West and once upon a time, when the United States of America had a capitalist economy, many things were much different.  Bank deposits were used for loans that expanded productive ability. America produced its own goods and grew its own food. America’s currency was backed…
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Venezuela’s Strategic Pivot to BRICS: A Vision for Economic Revival

Venezuela’s Strategic Pivot to BRICS:

A Vision for Economic Revival eyesonsuriname Amidst geopolitical tensions and U.S. sanctions, Venezuela has taken a bold step by formally applying to join the BRICS alliance12. Led by President Nicolás Maduro, the oil-rich South American nation seeks to harness the economic rejuvenation opportunities that BRICS membership could offer. 1. Bypassing U.S. Sanctions: 2. Energy Trade…
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Colombia’s Aspiration for BRICS Membership:

A Transformative Journey eyesonsuriname 1. The BRICS Connection: A Strategic Shift Colombia’s pursuit of BRICS membership marks a significant strategic shift in its foreign policy. Traditionally aligned with Western powers, Colombia’s overtures toward the BRICS (Brazil, Russia, India, China, and South Africa) signal a desire for diversification and a departure from historical dependencies. Brazil’s support…
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BRICS Nations Forge a New Path: Blockchain, BRICS Currencies, and the Decline of the Dollar

BRICS Nations Forge a New Path:

Blockchain, BRICS Currencies, and the Decline of the Dollar eyesonsuriname The world is witnessing a seismic shift in the global financial landscape. Russia’s recent proposal for a Blockchain-based, BRICS-exclusive payment system has the potential to reshape international trade and challenge the long-standing dominance of the US dollar. This move by the BRICS countries – Brazil,…
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