If changing to a Brics currency later, RUMOR has it that a '1 x Brics' would be valued around US $55. No idea if this is true though. Only speculation imo.
In a very simple Nutshell. I have noticed many people don't really understand how the USA makes money while the $ rules global trade.
Lets say China wants to buy Bananas from India. The trade must be made in $. So that means every single country trading buys $ from the USA for the trade. The US doesn't lift a finger but collects tariffs, commission etc. (in many ways) on every single trade between different countries on the globe. However with the Brics group trading with each other in local currencies will mean that a staggering amount of $ wont go to the US and they will battle even more to repay their deficit causing headaches like never before.
Gabonese military leaders told the nation early on Wednesday that they now controlled the country, just minutes after election officials claimed President Ali Bongo had won a third term in power.
Bongo has not been seen since Saturday, with military officials claiming he is under house arrest. At the same time, the government has still made no official statement, as gunfire was reportedly heard in the capital upon the election results announcement.
Bongo’s family has ruled Gabon - an OPEC member and mineral-rich but cash-poor African state - for 56 years.
She was enjoying the moment as much as he was. I think the 'Hasbeen Brigade' got to her to change her thoughts on that celebration. It's mostly those that know their train has left the station concerning good times that makes the most noise about a spur of the moment celebration. However, the man of the moment does consider himself quite the Romeo with his arrogant/style when confronted by the press.
Business News UAE reveals BRICS bank-related plans Published: 29 Aug 2023 | 10:53 GMT The Gulf country is looking to inject more capital into the New Development Bank, the economy ministry says
The United Arab Emirates is looking to its BRICS membership as an opportunity to develop trade and plans to commit more capital to the group’s New Development Bank (NDB), Economy Minister Abdulla bin Touq Al Marri told Bloomberg on Monday.
Abu Dhabi joined the NDB two years ago and is now among the six new members approved to join the BRICS community last week. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will become full-fledged members of the BRICS group of major emerging nations from January 2024.
The NDB was established in 2014 by Brazil, Russia, India, China, and South Africa with the aim of providing funding for infrastructure and sustainable development projects. The bank formally opened for business in 2015, and was later joined by Bangladesh, the United Arab Emirates, Egypt, and Uruguay. Saudi Arabia is also in talks to become a member.
“We are actually going to push more” and will “indeed” inject capital into the bank, the UAE minister said, without specifying an amount.
According to Bloomberg, as one of the few countries to manage over $1 trillion in sovereign wealth capital the UAE represents a “potentially deep-pocketed contributor” for the NDB. “OPEC’s third-biggest producer can give more financial muscle to the BRICS lender formed as a counterweight to the International Monetary Fund and the World Bank,” the outlet wrote. Al Marri explained that the UAE will continue to develop trade with the West while boosting commerce with lesser-developed countries of the Global South.
BRICS membership is “huge to the UAE,” the minister stressed. “Joining BRICS will add a lot to the UAE multilateral support to the world. We are focusing on our global trade; the UAE has always been a global hub,” he concluded.
According to the analysis of global data by news outlets RBK and TASS, the combined gross domestic product (GDP) of the expanded BRICS in terms of purchasing power parity will be roughly $65 trillion. This would see the bloc’s share of global GDP rise from its current 31.5% to 37%. In comparison, the share of the G7 group of advanced economies is currently around 29.9%.
The only person here that's living in a fantasy is you. As much as you and others try to avoid the truth it will always remain the truth. In 2014, the US overthrew the democratically elected Ukraine government and installed a neo-Nazi as President in a CIA funded coup, often referred to as the Maidan Massacre. The current guy Zelensky used to be a clown – literally. He’s supported by the West because he’s completely sold the Ukraine out to Western interests. The Ukrainian government is completely corrupt. It's just a matter of time.
MSM is on a very lucrative mission of convincing the public exactly what they want them to hear and of course do in the case of Ukraine. Main objective is to escalate a smear campaign against Russia and all of its people. Anyone that can't see this is not mentally stable in my opinion.
[ ] "This referendum should not include any native Ukrainian that has fled the country with no intention of returning (all) as they could not care in the least of the country's rape and devastation that is currently happening."
"That's not strictly correct Luke as almost 2 million HAVE returned ."
Not quite true.
A survey conducted by the U.N.'s International Organization for Migration between May and June 2023 estimated about a million Ukrainians who were abroad had returned to their place of origin to pay a visit or stay. Another 353,000 returned from abroad but remained displaced within Ukraine.09 Aug 2023
Nearly 6 million refugees fleeing Ukraine are recorded across Europe, while an estimated 8 million others had been displaced within the country by late May 2022. Roughly 10 million are in neighboring countries.
My communication skills have once again left me in the lurch with you it seems. Let me try and break it down to bite sized bits " with no intention of returning" trust me I have personally spoken to quite a few. Many have fled only to side step the conscription and get away from a country without having to go through the usual emigration rigmaroll. Others find the way of life in London etc more to their liking with of course all the benefits that go with it.
" they could not care in the least of the country's rape and devastation"
Prove to me otherwise apart from what is heard by those who want you to hear what they say.
If these 'refugees'' really cared they would be starting movements etc to help zelensky and company. Not the case, they are slowly realizing that the Ukrainian people are just being used by Biden/NATO as Canon fodder.
They say: You can fool some of the people some of the time, but you can't fool all the people all of the time.
I have realized that you don't watch the videos posted as then your opinion/view, as an intelligent person, would have changed long ago after viewing the opinions of real professional people that are constructively engaged in this conflict. Sad really.
Most of what you say is true, but unfortunately until main stream media publicly announces that people are dying in vain and that the war servs no other purpose other than maiming and killing innocent people, the war will carry on, fought by the proxy forces put into power by the Biden administration.
A referendum could be held by the people of Ukraine to find out if they support the current leader namely Zelensky. This referendum should not include any native Ukrainian that has fled the country with no intention of returning (all) as they could not care in the least of the country's rape and devastation that is currently happening.
It's sad that the whole brainwashed globe doesn't feel the same way about the hundreds of thousands of mostly young men dying in Ukraine just to feed Biden/NATO/Globalists whims to conquer the world. I agree 1 or 10 is as bad as 100 lives lost, but when one looks at hundreds of thousands of deaths then my sympathy isn't with all the pacifists that are rewarded to keep the murdering going on and on with lies about ultimate victory etc.
Why not have a referendum to let the people choose?
My personal take on this event. Prigozhin had tight security surrounding him most times with trusted officers as confidante. What many forget is the fact that a man in Prigozhins position makes enemies daily not to mention pissed-off and some jealous officers that surround him basically 24/7 all knowing what a ruthless but successful leader he was. This attack comes from within ranks by a someone very close to and knowledgeable of Prigozhins exact moves and that was trusted by him. The person that planted the device knew that Putin would be the first one to be blamed due to statements by Putin caused by recent events. The truth will surface in years to come
As Chat sez it was an ATTEMPTED coup. If one thinks about it then let's say you are admiring a beautiful Ford Mustang in a parking lot. You decide to try and open a door to sniff the interior, and wap a cop arrests you for ATTEMPTED car theft. The onus will be on you to prove otherwise I guess. Same thing might be going on with Jan 6. Who knows.
I googled how many people on Capitol Hill on the day of the 'coup'. : More than 2,000 rioters entered the building, many of whom vandalized and looted parts of it, including the offices of House Speaker Nancy Pelosi (D-CA) and other members of Congress. Rioters also assaulted Capitol Police officers and reporters, and attempted to locate lawmakers to capture and harm.
Not sure if this number is high or low but when one takes 85 civilian weapon carriers out of a minimum 2k protesters, taking into consideration that the US is a country where just about every citizen is pro gun and armed, then isnt this a trivial amount of small arms to execute a successful coup with?
If my theory makes sense or not this whole episode doesn't make sense to me.
RE: One Belt and Road Initiative growing stronger
Just the first 12 minutes or so is relevant to my comment.