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Putin

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Putin Envisions Official BRICS Parliamentary Organization

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Russian President Vladimir Putin believes that the BRICS economic bloc will have its own official parliamentary organization in the future. Speaking at the 10th BRICS Parliamentary Forum, Putin emphasized the importance of parliaments in promoting multilateralism and global security. He highlighted BRICS’ principles of democracy, sovereignty, and mutual respect, and called for collective efforts to […]

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Putin Says US Dollar Dominance Diminishing as Use of ‘Toxic Currencies’ Declines

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Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian exports in the unfriendly states’ so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing Russia’s shift towards using the ruble and local currencies

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Putin and Saudi Crown Prince Discuss Potential BRICS-Saudi Arabia Collaboration

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Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman Al Saud discussed potential collaboration between Saudi Arabia and the BRICS on Friday. In addition, Putin and the Saudi Crown Prince “expressed satisfaction with the level of coordination at OPEC Plus aimed at ensuring the global oil market stability,” the Kremlin press service details.

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Former US President Donald Trump States China Is ‘Trying to Replace the Dollar as Number One Currency’

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Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published on Truth Social, Trump stated that if this comes to happen, it would be the biggest defeat in the history of the U.S. in the last 200 years. Donald Trump

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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

Leave a Comment / Acorn Macro Consulting, Anil Sooklal, Bitcoin, Brazil, brics, Canada, China, Crypto Hacked, Cryptocurrency, Economics, Egypt, Ethereum, expansion, France, g7, gdp, Germany, gross domestic product, India, Italy, Japan, new members, PPP, Putin, Russia, South Africa, U.K., U.S., xi / / / , , , , , , , , , , , , , , , , , , , , , , , ,

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries

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