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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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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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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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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Exploring India’s Net-Zero Commitment: The Draft Green Credit Programme and Carbon Credit Trading Scheme of 2023 On 26th June and 28th June 2023, India propelled closer to its net-zero commitments as two groundbreaking events unfolded. The Ministry of Environment, Forests, and Climate Change introduced the ‘draft Green Credit Programme Implementation Rules, 2023’, and the Ministry…
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