SCO & BRICS latest news and insights
In the global political scene there are three major groupings, the oldest is the G7,It was established at the behest of France in the aftermath of the first Middle East oil crisis in 1973/74. The inaugural Summit was convened in 1975 in Rambouillet, with the participation of six countries: France, G...
Today I want to talk about Living standards in the G7 West which are the complete reverse of the situation in a nunber of the BRICS countries particularly Russia and China where over the last 30 years living standards have grown to levels not dreamed about during the Soviet Unions
Its been traditi...
Today I want to talk about Living standards in the G7 West which are the complete reverse of the situation in a nunber of the BRICS countries particularly Russia and China where over the last 30 years living standards have grown to levels not dreamed about during the Soviet Unions
Its been tradit...
It appears there is panic in the membership of the G7 over the election of Donald Trump as US President and his threat to impose sanctions on imports from all countries even so called alies.
It appears that the disintegration of the global economic system is accelerating. Now Great Britain and Ja...
According to the IMF over the next five years, the global economy will become increasingly reliant on the BRICS countries, with a corresponding decline in influence for the G7 states. China and India are expected to lead in terms of growth in purchasing power parity (PPP). Concurrently, the United S...
The BRICS summit started on Tuesday in Kazan. The event will run for three days and will host guests from 34 countries. The combined GDP of the BRICS countries has exceeded $60 trillion, which is in excess of the G7 countries. What factors have contributed to the decline of the "golden billion" and...
