BRICS Shelves Common-Currency Plan as Rio Summit Exposes Bloc’s Fault Lines

By Mad Morgan Jul 21, 2025
Just when you thought the BRICS alliance was advancing towards a unified economic future, the recent Rio Summit has revealed significant divides among its member nations. The anticipated common-currency plan has been shelved, as differing priorities and economic realities come to light. This development not only highlights the challenges within the bloc but also raises questions about the feasibility of long-term cooperation. In this post, we'll unpack the implications of these developments and what they mean for you, as global economic dynamics continue to shift.Key Takeaways: The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, has put its…
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Trump’s 10 % Tariff Threat at BRICS Summit Rekindles Fears of a New Trade War

By Mad Morgan Jul 17, 2025
Many are closely monitoring the implications of Trump's recent announcement of a 10% tariff at the BRICS Summit, as it has reignited concerns over escalating trade tensions. You may be wondering how this move could impact global markets, international relations, and your personal finances. In this post, we probe into the top 10 reasons why this tariff threat is causing waves across the economic landscape and what it could mean for you in the near future.Key Takeaways: Trump's proposal for a 10% tariff on imports raised concerns among BRICS nations, potentially escalating tensions in global trade relations. The threat underscores…
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The Rise of BRICS – How Emerging Economies Are Challenging Western Dominance

By Mad Morgan Mar 01, 2025
Dominance of Western economies is being increasingly challenged as the BRICS nations—Brazil, Russia, India, China, and South Africa—emerge as powerful players on the global stage. You might be surprised to learn how these countries are reshaping economic policies, trade relations, and geopolitical dynamics. In this blog post, we will examine into the factors driving the rise of BRICS and explore the implications for your business and investment decisions in an evolving world economy.Key Takeaways: BRICS Expansion: The BRICS group (Brazil, Russia, India, China, and South Africa) is expanding, which signifies a shift in global economic power dynamics and a direct…
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