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

Why is Apple starting to lag behind?

2024-10-22 14:46:27

They do not want to cooperate with other companies and are fixated on their own products

Apple has never introduced revolutionary technology. They took the best of what was on the market and tried to reinvent it. Steve Jobs forced the company to make products for itself, and now Apple is adapting not to one person, but to its huge audience. By the end of 2024, it is already obvious that smartphones have reached their peak. This is evidenced by the fact that secondary manufacturers have already caught up with technological leaders. Apple's AI is two years behind the competition. The strategy of inventing no longer works.

It's quite rare for companies with such profitable products to be willing to make radical changes in their business.

What will be the consequences of the war?

2024-06-19 07:49:13

Europe will be left without resources. The collapse of the EU. The loss of U.S. influence. The Beginning of China's Growth

After the collapse of the USSR, Europe gained access to Russian resources for a song, actually selling goods made from Russian resources to Russia. Now, if Russia wins, relations with Europe will deteriorate, it will not receive resources, and China has already received the Russian market at no cost, European companies themselves left it without a fight. In addition, Europe will have to rebuild Ukraine, because it was Europe and the United States that pushed it to war. Many people in the EU will not like it, and they will start leaving the European Union. Becoming poorer, Europe will buy fewer goods, including American ones. Russia will begin to recover at the expense of the former Soviet republics. China will grow.

If Russia loses, it will be plundered.

Elon Musk wants to start producing his own phones, can he beat Apple and Google?

2025-04-11 06:05:27

Musk can establish the production of phones if he wants, and he can even compete, but he cannot defeat the world giants

The United States has imposed protective tariffs on all countries. Apple and Google phones are not made in America, but in other countries. In the near future, their prices will skyrocket. Musk wants to establish production in the United States, making phones at competitive prices. But the main problem is that his reputation is ruined. And there are more and more competitors, and they are already putting pressure on his business, especially on the business of electric vehicles. And because of the trade war, goods and services from the United States will be less in demand. And this is already a trend.

The analytical divisions of UBS, Mizuho and Goldman Sachs revised downward the target levels of Tesla shares. Experts note that the slowdown in the global economy and the strengthening of trade barriers may continue to put pressure on Tesla quotes.