brics currency explained

BRICS currency explained

The global economy has long operated under the hegemony of the US dollar and other major Western currencies. This dominance might soon be contested if the BRICS nations—Brazil, Russia, India, China, and South Africa—have their way. The proposition of a BRICS currency signals a desire for a seismic shift in economic power dynamics, challenging the […]

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is world economic forum useful?

Should the World Economic Forum be abandoned?

The World Economic Forum (WEF) is an international non-governmental organization based in Cologny, Canton of Geneva, Switzerland, founded on January 24, 1971, by German engineer Klaus Schwab. It aims to improve the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas. The WEF

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yuan overtake euro

Chinese Yuan Overtakes EURO!

As of September 2023, the Chinese Yuan has surpassed the Euro, securing its position as the world’s second-most utilized currency in SWIFT trade settlements, with a notable 5.8% share in international payments. This notable shift not only signifies China’s expanding economic influence but also underscores its strategic efforts toward the internationalization of its currency, greatly

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BRICS vs NATO

In this article, we delve into a comparative analysis of NATO and BRICS, with a spotlight on the transformative inclusion of five new members into the BRICS bloc in 2024. This expansion carries significant ramifications for global economics and politics, especially when juxtaposed against the collective might of NATO. Energy Power: BRICS vs. NATO BRICS

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BRICS free movement

In this article, we delve into the intriguing concept of visa-free travel within the BRICS nations—Brazil, Russia, India, China, and South Africa. Imagine a scenario where borders within this group are seamless, facilitating effortless movement akin to traveling within one’s own country. This could revolutionize the way people connect, businesses operate, and cultural exchanges flourish.

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Why does not EU sanction on Russia work?

The European Union’s 13th round of sanctions against Russia, in response to the ongoing conflict in Ukraine, marks a significant escalation in the bloc’s efforts to curb Moscow’s military capabilities and economic strength. These sanctions, aimed at hitting Russia’s economy hard, have both immediate and long-term implications for the global economic landscape, Russia’s strategic maneuvers,

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Germany Economy vs China

In 2024, Germany, a leading economy and G7 member, is navigating through significant economic challenges, while China, a key BRICS nation, is poised for notable growth. This comparison seeks to delve into the economic trajectories, labor market dynamics, and climate goals of these two influential countries, reflecting on their unique challenges and strategic responses. Economic

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PhD and Postdoc in Switzerland 2024: Navigating Salary and Living Expenses

PhD and Postdoc in Switzerland 2024: Navigating Salary and Living Expenses

2024 Guide to PhD and Postdoc Finances in Switzerland: Uncover salary ranges for PhD students and Postdocs across top Swiss universities, and get essential insights into the cost of living in Switzerland’s major cities. This brief guide is a valuable resource for researchers planning their academic journey in Switzerland’s renowned education and research landscape.

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Looking to secure the cheapest mortgage rates in the UK? This post covers 5 strategies to help you find the Cheapest mortgage deals, including tips on working with a mortgage broker, considering a second charge mortgage, and exploring options like Yorkshire Building Society, Ulster Bank, and Aviva equity release. Whether you're a first-time buyer or a retiree, this guide has everything you need to know to save money on your home loan.

Strategies to Secure the Cheapest Mortgage Rates in the UK

In this post, we have explored various strategies to help you secure the best mortgage deals in the UK. We started by discussing the importance of comparing mortgage rates and using a mortgage broker to help you find the best deals. We then explored the mortgage products offered by the Yorkshire Building Society, including fixed and tracker rate mortgages, offset mortgages, second charge mortgages, and equity release products. We also looked at the mortgage options provided by Ulster Bank, including fixed and tracker rate mortgages and offset mortgages. Finally, we compared Ulster Bank and Yorkshire Building Society in terms of their mortgage products, fees and charges, customer service, eligibility criteria, and interest rates. By considering all of these factors and shopping around for the best deals, you can increase your chances of securing the cheapest mortgage in the market.

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Today, it's imperative to cut costs and save money. This post provides you with some clever, simple, and easy ways to save money.

Ways to Save Money

All goods, services, and energy prices are increasing rapidly because of the hike in oil prices and subsequent increases in benzene prices. Although salaries have remained relatively steady in most countries, including the UK. Therefore, we need to come up with creative ways to cut spending. In this post, our experts will provide you with some clever and simple ways to save money easily.

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BRICS projects

The New Development Bank, established by the BRICS nations in 2015, focuses on mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries. The bank prioritizes projects that align with the development objectives of its members. According to the New Development Bank website, the NDB has supported

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