brics
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China’s bold move reshapes Latin America’s energy dynamics
China & Three BRICS Allies Back Venezuela Against US Energy Sanctions Banditry As the Trump regime escalates US sanctions aimed at isolating Venezuela, China has stepped in to help the Latin American nation with infrastructure, investment, and skilled workers. China has also consistently condemned the US sanctions and Trump’s latest aggressive military buildup in the Caribbean Continue reading
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China blocks Trump’s Panama “deal” – backs Nicaragua’s Canal project
To put it bluntly, the Washington regime’s goal is to use its revived dominance of the Panama Canal as part of imperialist power’s plan to control the key nodes of the global supply chain, further blockading China, and cut ting off China’s connection with Latin American and European markets. In order to curb China’s development, the Continue reading
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China, Brazil and Peru: Transcontinental BRI corridor connecting Atlantic & Pacific coasts
Brazil, the largest economy in Latin America and a key member of BRICS, is channeling infrastructure investment to better connect its resource-rich interior with global markets – a move with both economic and geopolitical implications including strengthening Sino-Brazilian cooperation and the closer integration of South America’s economies. A top priority for Brazil is expanding and improving Continue reading
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Uruguay & Belt & Road Initiative: Green energy power-house
Uruguay stands out as a global leader in renewable energy, with an impressive 99% of electricity coming from renewable sources. On March 1, 2025 Yamandu Orsi took office as Uruguay’s new president. Orsi, of the left-wing Broad Front coalition, now presides over one of South America’s most economically and politically stable countries. With a population Continue reading
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China leads green BRICS to challenge US trade war
In an address at the BRICS Leaders’ Meeting in Kazan in late October 2024, China’s International Trade Representative and Vice Minister of Commerce, Wang Shouwen, announced the launch of the China Center for Cooperation on Development of Special Economic Zones within BRICS (CCDSEZ). This Center is not just a symbol of collaboration it’s a strategic tool for diversifying Continue reading
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China’s global BRI push is being driven by green tech
More than three years after Chinese leader Xi Jinping pledged to stop building new coal projects abroad, the country’s Belt and Road Initiative is increasingly driven by renewables. Last year, renewable technologies eclipsed fossil fuels — once the core of Beijing’s overseas developments — in all the power projects completed under the BRI, according to analysts at Continue reading
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BRICS’ Response to Western Economic Sanctions and Protectionism
Leading a New Economic Order As Western-led economic sanctions and protectionist policies continue to disrupt international trade, BRICS countries are formulating innovative strategies to mitigate these challenges. Their collective response is reshaping the global economic order, reinforcing self-reliance, and fostering new trade alliances that circumvent traditional Western-controlled markets. This article explores how BRICS nations are Continue reading
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BRICS-member Indonesia wins WTO case against European Union palm oil policy
In a landmark decision on January 18, 2025, Indonesia, which recently became a full member of the BRICS bloc, , celebrated a major victory at the World Trade Organization against the European Union (EU) over palm oil discrimination. This ruling marks a pivotal moment for Indonesia’s energy sovereignty and its position in global trade. Indonesia welcomed the ruling by the World Trade Organization (WTO), which found that the European Union (EU) Continue reading
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BRICS Confirms Development of New Payment Systems in 2025
Brazil will aim to facilitate development of secure payment systems within the framework of its BRICS presidency in 2025, Brazil’s President Luiz Inacio Lula da Silva said at the meeting of BRICS Sherpas held in the Brazilian capital, Brasilia. The meeting on February 24-25, brought together representatives from all 11 BRICS member countries. Brazil, as BRICS Continue reading
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Brazil invites Mexico to BRICS summit in July
Brazilian President Luiz Inácio Lula da Silva has extended an invitation to Mexico, Colombia, and Uruguay to participate in the upcoming BRICS summit, set to take place in July in Rio de Janeiro. Brazil holds the rotating chair in 2025 for the BRICS group of emerging economies. During a visit to Uruguay Lula emphasized the Continue reading
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Indonesia joins BRICS as full-member
On January 6, 2025 the official entry of Indonesia as a full member of BRICS was announced, marking the first expansion of the group under the Brazilian presidency. Indonesia is a leading member of ASEAN (the Association of South East Asian Nations), and the world’s 4th most populous country and 7th largest economy. Indonesia’s membership was Continue reading
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Nigeria, Africa’s most populous nation, officially becomes BRICS Partner
The attached video looks at Nigeria’s monumental decision to join the BRICS economic bloc as a partner country. Announced on January 17, 2025, this partnership places Nigeria alongside powerful nations like Brazil, Russia, India, China, South Africa and Indonesia. The video considers what this means for Nigeria’s economy, its global influence, and its position in Continue reading
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