What will happen at the BRICS meeting?

2023-06-13 08:15:07

Expansion and increase in the share of the NDB

The BRICS Bank intends to finance more projects in national currencies to strengthen the local market and protect borrowers from the risk of currency fluctuations. Currently, the share of relevant projects in national currency in the bank's total project portfolio is about 22%, the NBR president said, adding that the bank intends to increase this figure to 30%. Currently, five BRICS countries are members of the EBRD, as well as Bangladesh, the United Arab Emirates and Egypt. Uruguay is already in the process of joining.

The BRICS summit will be followed by a powerful geopolitical shock wave for which the world will not be ready. The Western world will not be ready.

BRICS New Development Bank De-dollarizing, Adding Argentina, Saudi Arabia, Zimbabwe as Members

Experts say that the upcoming BRICS summit will destroy the picture of the world familiar to the West

BRICS Krieg: what you need to know about the union of five states

BRICS seizes chance to challenge US: expansion and single currency on agenda

The big escape from the dollar to the East

How is the reduction of personnel in different countries of the world related to artificial intelligence?

2024-07-26 06:33:22

Fighting AI is just an excuse

In general, the motives of companies can be reduced to one thing: an economic downturn

This is convenient to blame your economic failures on AI. No one told us how they would fight the AI.

When will cargo transportation through the Suez Canal resume?

2023-12-30 12:45:12

In 2025, due to the aggravation of the situation in the Middle East.

A military operation will be carried out, which will lead to nothing. Negotiations will begin when the president in the United States changes.

Shelling the Houthi camps will not reduce, but increase the risks.

Transport companies stop transporting goods through the Suez Canal because of the Houthis

What will Kazakhstan's current policy towards Russia lead to?

2023-07-13 15:46:58

Russia, Kyrgyzstan, Uzbekistan and Turkmenistan have agreed to launch a new multimodal Southern Transport Corridor, which will bypass the territory of Kazakhstan. The new route solves two tasks: to avoid obstacles arising on the Kazakh border for goods going to the markets of the Russian Federation, and to transfer part of the cargo flow to the port of Astrakhan. This will deal a blow to Astana's plans to make Kazakhstan a full-fledged transport hub in Central Asia and the Caspian region. The route from China through Kyrgyzstan will become a very serious competitor to the route on Kazakhstan railways.

Russia, Kyrgyzstan, Uzbekistan and Turkmenistan have agreed to launch a new multimodal Southern Transport Corridor, which will bypass the territory of Kazakhstan. The new route solves two tasks: to avoid obstacles arising on the Kazakh border for goods going to the markets of the Russian Federation, and to transfer part of the cargo flow to the port of Astrakhan. This will deal a blow to Astana's plans to make Kazakhstan a full-fledged transport hub in Central Asia and the Caspian region. The route from China through Kyrgyzstan will become a very serious competitor to the route on Kazakhstan railways.

Moreover, this blow to the plans of the President of Kazakhstan is inflicted from the Kazakh side, and not from Russia or Kyrgyzstan. If the transit of goods went without delays, then no one would be against using the territory of Kazakhstan as a hub. Astana's decision not to violate Western sanctions imposed against Russia was only a catalyst for the initiative to create an alternative transport corridor bypassing Kazakhstan

Russia bypasses Kazakhstan from the south