Economy Files

27/08/2023

In a recent scoop from The Wall Street Journal, there's talk of a high-stakes diplomatic chess game unfolding. The U.S. is aiming for a deal where Saudi Arabia would give a nod to normalize ties with Israel's contentious regime. What's in it for Riyadh? Well, they're hoping for Washington's undying protective shield and a little boost in developing a nuclear program.
While on the surface, it looks like the discussions revolve around Israel-Palestine, there's a deeper subplot. The Journal points out that Uncle Sam is also using this negotiation to nudge Saudi Arabia to put some boundaries on its budding friendship with China. Here's the gist: the Biden crew is hoping to ensure Saudi Arabia keeps a cautious distance from China, both economically and on the military front.

21/08/2023

Have you seen out latest youtube video?

In this video, we unpack the intriguing rise and potential of BRICS – a coalition of five dynamic nations that have shifted the global power balance. Dive de...

19/08/2023

delve into Russia's economic conundrums, particularly in light of the recent Ukrainian conflict, revealing how the US's financial muscle and diplomatic endeavours have put Moscow in a precarious position. Despite receiving inflows from energy exports, Russia faces potential default risks due to sanction-induced challenges in servicing its debt. As the BRICS nations explore avenues to reduce dependence on the dollar-centric system, the narrative underlines China's strategic distancing from Russia and the limitations Moscow faces in leveraging its gold reserves. The broader theme highlights the evolving efforts by emerging economies to navigate away from the US's monetary dominance, a trend that could reshape future global financial dynamics.

12/08/2023

Get ready for a mind-blowing journey through the BRICS Summit 2023, where Saudi Arabia takes the spotlight! Wondering how Saudi Arabia's potential entry into BRICS could shake up the international landscape? Imagine the economic might of Brazil, Russia, India, China, and South Africa coming together, their combined GDP eclipsing even the United States. Now, envision Saudi Arabia, a major oil producer, joining this powerhouse, potentially reshaping trade dynamics with the BRICS currency. Beyond economics, Saudi Arabia's geopolitical influence could skyrocket, posing a formidable challenge to Western powers. Brace yourselves as BRICS Summit 2023 approaches – smash that like button, hit subscribe, and embark on this thrilling exploration of economic intrigue, strategic partnerships, and global shifts. Buckle up, adventurers, the captivating journey into BRICS begins now! 🌍🔥

12/08/2023

Is France's desire to join BRICS a strategic masterstroke? Find out how this move helps France amplify its global influence and stand up to the growing might of China.

BRICS comprises Brazil, Russia, India, China, and South Africa, an influential group of emerging economies. France, a developed nation with a robust economy, isn't part of this alliance. BRICS has gained prominence in recent years, and its members are seen as major players in the global arena. While France boasts a strong economy, it has not joined BRICS....YET

09/08/2023

Lately, people have been talking a lot about the new BRICS nations and h ow they might change the U.S. Dollar's power worldwide. In this video, we look closely at what BRICS is all about and what it could mean for the future.

Could a new currency potentially emerge and challenge the dominance of the U.S. dollar?

04/08/2023

As we all know Vladimir Putin the president of Russia is part of the BRICS, The 2023 BRICS summit is still going ahead despite the war in Ukraine president Putin is adamant that he will be attending, this would lead to an arrest by nato countries.