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Ethiopia's Debut at the BRICS Summit 2024: A New Chapter in Global Diplomacy

Ethiopia's historic debut at the 2024 BRICS Summit in Kazan, Russia, marks a significant milestone. Discover the key discussions, outcomes, and implications of this event for Ethiopia and the global stage.

Ethiopia’s participation in the 2024 BRICS Summit, held in Kazan, Russia, marked a significant milestone in the country’s foreign policy. Ethiopia is a newly inducted member of the influential bloc. It joined Brazil, Russia, India, China, and South Africa to shape the global economic landscape. It also contributes to the political landscape. This blog post delves into the key discussions,…

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Russian Official Says BRICS Currency Could Be Discussed at Upcoming Summit

Russia’s deputy prime minister has stated that the topic of a common BRICS currency may still be on the table at the economic bloc’s upcoming leaders’ summit. A total of 69 leaders, including all African heads of state, have already been invited to the August summit where de-dollarization will be among the key topics discussed. Russian Official on BRICS Currency Russian Deputy Prime Minister…

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Brazil to Push De-Dollarization Agenda at BRICS Meeting

Brazilian President Luiz Inácio Lula da Silva has revealed his intention to raise the issue of de-dollarization at the next BRICS meeting. “Why Brazil and Argentina would trade in dollars. Why don’t we do it in our own currencies? Why can’t Brazil and China trade in their currencies? The question of why I need to buy dollars is on my agenda,” said the Brazilian president. Brazil Intends to…

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Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor

Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo said Friday that Jakarta is…

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