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The opposition of the BRICS to the US-led policy of the West is so strong that they have pledged full support to Vladimir Putin for the next summit in Russia. They have also announced which countries will soon expand the group of emerging economies.
By Redaktion Table
Apart from the enlargement, the departure from the dollar as the global currency was a major topic at the BRICS summit. Parallel to the summit, Brazil's former president Dilma Rousseff gave first insights into these plans. Rousseff heads the New Development Bank in Shanghai – and thus, the future BRICS central bank.
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The President of the Federation of German Industries (BDI), Siegfried Russwurm, does not believe in decoupling from China. In an interview by Stefan Braun, he nevertheless urges companies to take a closer look at the risks.
By Redaktion Table
Challenging Sergey Lavrov and maintaining good contact with Antony Blinken is one thing. Convincing skeptical BRICS countries like South Africa, India and Brazil to engage in more cooperation is something entirely different. The perceived or actual humiliations are significant, especially the handling of vaccines during the pandemic. Therefore, the developments within BRICS will be a particularly tough task for Annalena Baerbock.
By Stefan Braun