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I am looking forward to strengthening relations between South Africa and other members of the BRICS countries
Tuesday, March 19, 2024
BRICS Unveil Blockchain Payment System to Rival US Dollar
The BRICS nations reveal plans for a blockchain-based system facilitating payments outside of the US dollar system
Iran has recently become one of the newest members of the BRICS alliance, a move that signals a significant shift in its international relations
With India’s rising power and influence in the world stage, why has South Africa not fully leveraged its BRICS relationships to advance its national and international interests as it navigates geo-political contradictions between the Global North and the Global South where the US in particular still sees itself as the global hegemon?
The BRICS grouping will create a payment system based on blockchain. The effort is part of a specific task for this year to increase the role of BRICS in the international monetary system
Russia took charge of BRICS in January 2024 at a point of inflection in geopolitics and heightened tension both in and outside its ranks. As chair, Moscow aims to improve its position by strengthening multilateralism to boost global development and security and engaging more potential members. To serve India’s interests, it mustn’t do so at the expense of the bloc’s inner coherence
The Information and Decision Support Center of the Council of Ministers issued a new report entitled “Egypt and the BRICS countries... promising opportunities.”
With the help of China, Africa is becoming a key force driving the transformation of the international system and global order