Date With Destiny: BRICS Offers Hope In A Time Of War

This is it. A date with destiny. All set for the most crucial geo-political & geo-economic gathering of the year and arguably the decade: the BRICS Summit under the Russian presidency in Kazan, capital of Tatarstan, where Sunni Tatars co-exist in perfect harmony with Orthodox Christians.

With the BRICS Summit 2024 accurately described as “A new world order in the making”, the current BRICS member countries – Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, and the United Arab Emirates – collectively represent around 46% of the world’s population and over 36% of global GDP—and nearly three dozen states have expressed interest in joining BRICS or deepening cooperation with the group, and many of them have sent top level delegations to Kazan: https://www.rt.com/russia/606060-russia-brics-summit-kazan/

All the excruciating work by sherpas and analysts throughout 2024 – supervised by the lead Russian diplomat in charge of BRICS, Deputy Foreign Minister Sergey Ryabkov – converged to three final, separate key meetings in Moscow before the summit, grouping BRICS finance ministers and central bank governors, working groups, and the Business Council.

All that in a context that is now familiar for the Global Majority. The combined GDP of the current BRICS nations is over $60 Trillion, way ahead of the Western G7 bloc, their average growth rate by the end of this year is projected to be 4%, higher than the 3.2% global average, and the bulk of economic growth for the near future will come from BRICS+ member-nations.

Even before the meeting of finance ministers and central bank governors, Russian Finance Minister Anton Siluanov was stressing that BRICS is keen to bypass “politicized” Western platforms – a subtle reference to the sanctions tsunami and the weaponization of the US dollar – as BRICS work to create their own, Global Majority-friendly international payments system.

The context for what will be decided in Kazan this week is no less than incandescent, as the uncontrolled chaos of the Hegemon’s Forever Wars – from Ukraine to West Asia – has even materially affected the heavy work of BRICS and the necessity to build a new international system of geoeconomic relations practically from scratch.

A credible war escalation scenario may have been thwarted by the leak of secret high-level intel to the Five Eyes on the preparations by Israel-US to strike Iran. The strike will eventually happen – with dire consequences – but probably not this week, when it could have been timed to explicitly, and completely, disrupt the summit in Kazan and expel it from global headlines.

https://www.zerohedge.com/geopolitical/escobar-date-destiny-brics-offers-hope-time-war

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>>21810891

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The joint statement by the BRICS finance ministers and central bank governors may not sound too adventurous, but the constraints reflect not only caution when facing a dangerous, cornered Hegemon, but internal contradictions among BRICS members.

The statement recognizes “the need for a comprehensive reform of the global financial architecture to enhance the voice of developing countries and their representation.” Yet it remains clear the US has less than zero interest in a profound reform of the IMF, the World Bank and the Bretton Woods system. Russia and China, especially, are fully aware that what is needed is a post-Bretton Woods.

The statement is more forceful on the BRICS Cross-Border Payments Initiative, dubbed BCBPI, welcoming “the use of local currencies in international trade” and “the strengthening of banking networks” to enable them. Yet everything for the moment is only “voluntary and non-binding.” Kazan is expected to give the process some edge.

De-dollarization, Putin stressed, is proceeding step by step: “We’re taking individual steps, one after another. As regards finance, we did not drop the dollar. The dollar is the universal currency. But it wasn’t us – we were banned and barred from [using] it. And now 95% of all the external trade of Russia is denominated in national currencies. They did it themselves with their own hands. They thought we would collapse.”

Putin will have at least 17 bilateral meetings in Kazan. He emphasized, once again, that “BRICS is not an anti-Western group, it’s just a non-Western group.”

And he named the key economic drivers in the near future: Southeast Asia and Africa. Development “will objectively take place primarily in BRICS member countries. This is the Global South. This is Southeast Asia. This is Africa. Positive growth will exist in powerful countries such as China, India, Russia, and Saudi Arabia, but the countries of Southeast Asia and Africa will show faster growth for several reasons.”

He also highlighted the top infrastructure development projects among BRICS and the Global South: the Northern Sea Route – which the Chinese define as the Arctic Silk Road – and the International North-South Transportation Corridor (INSTC), with the BRICS triad Russia-Iran-India as the key partners. On the Northern Sea Route, Putin highlighted how “we are building an icebreaker fleet that has no peers in the world. It’s going to be a unique fleet, seven nuclear icebreakers and 34 diesel-propelled, high-class, heavy-duty icebreakers.”

The stakes in Kazan could not be higher. By the end of the week, the Global Majority will know whether Kazan will go down in history as the landmark of a new, emerging system of international relations, or if crass divide and rule tactics will keep postponing the inexorable demise of the Old Order.

https://www.zerohedge.com/geopolitical/escobar-date-destiny-brics-offers-hope-time-war

>>21810911

It's the headline in the Subject title, not in the Name title which was left blank..

Name vs Subject

>>21810944

They have applied for membership, but I think that is still some years away. Not sure what Russia and China think about Turkey still being in NATO.

>>21810887

>>21810971

Honestly I don't believe ANY of the polls. There are so many different ones. Some claiming Harris is ahead, others claiming Trump is ahead, all different kinds with all kinds of different statistics. I think there is going to be a level of fraud, no matter what happens or who wins. I can't see this country getting much better anyway. Too divided while too many challenges around the globe and here at home to ever deal with. BRICS+ is the future anons.

>>21811012

Social media in America sucks, let him buy it. He couldn't possible make it any worse than what it was previously lol.