In this video, we analyze the BRICS developments in a politically neutral and objective way.
Learn more about the planned massive expansion of the BRICS countries in this video. We discuss the BRICS payment platform, the BRICS currency and potential new members. Stay informed about this important economic development!
BRICS: New members, strategy and de-dollarization - Where is the alliance heading?
In this video, we take a look at the latest developments in the BRICS world.
What has happened?
On June 11, the foreign ministers of the BRICS countries and other potential members met following the International Economic Forum in St. Petersburg.
Malaysia and Thailand have officially declared their accession to the BRICS alliance.
Another 20 states are reportedly on the verge of joining.
The BRICS strategy has been updated.
What does this mean for Germany and the EU?
The expansion of the BRICS alliance could have economic and geopolitical implications for Germany and the EU.
The alliance is aiming to de-dollarize the global economy, which could strengthen other currencies but weaken the dollar and possibly also the euro.
For companies and private individuals, this development could influence their choice of country of residence or business in the future.
We examine the potential impact on the economy and society (we leave politics out of the equation here).
Additional information:
The BRICS summit will take place in Kassan from October 22 to 24, 2024.
A recent IMF report shows that the US dollar's share of global currency reserves has fallen from 73% to 55% in the last 15 years. China has managed to convert 582 billion US dollars of trade into yuan and local currencies of its partners.
Learn more about the planned massive expansion of the BRICS countries! Learn more about the BRICS payment platform, the BRICS currency and the new BRICS members in this informative video.
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00:00 - Introduction - Enormous expansion of the BRICS group to be expected
02:13 - Current BRICS Plus members
03:45 - What is the goal of the BRICS alliance?
04:22 - De-dollarization already in full swing
07:40 - What's going on in the BRICS world right now?
10:09 - What was discussed and decided at the June 11 meeting
13:50 - Which other countries could soon be BRICS members?
15:06 - Extended BRICS Plus group compared to the NATO countries
16:02 - Technical news - mBridge
17:12 - Conclusion
17:28 - Are you considering emigrating?
19:32 - Outro
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