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Home    Africa News Today    Can BRICS reshape the financial world order? | Counting the Cost
Can BRICS reshape the financial world order? | Counting the Cost
Africa News TodayAl Jazeera Africa11 December 2024

Can BRICS reshape the financial world order? | Counting the Cost

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Can BRICS reshape the financial world order? | Counting the Cost


BRICS has almost doubled in size in 2024 and its economic and political influence is growing.

The group of emerging economies now represents about half the world’s population and more than a quarter of global gross domestic product.

But critics say there are deep differences between its members and the alliance has struggled to define its…

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Prove your humanity: 8   +   4   =  

32 Comments

  1. @Tedd335 says:
    11 December 2024 at 12:19 pm

    Not with Putin losing a war, against a comedian.😂

    Reply
  2. @richardrosebealprestonjohn3144 says:
    11 December 2024 at 12:19 pm

    There must be balance of power in the world.

    Reply
  3. @dailyjerk says:
    11 December 2024 at 12:19 pm

    Brics is on notice ❌❌❌💥💥🌪️🌪️💥💥☄️☄️the imf will come for you‼️‼️🇺🇸🇺🇸

    Reply
  4. @pamamime1 says:
    11 December 2024 at 12:19 pm

    Nice to see China and BRICS spending money and healthcare on citizens, while USA sends evey dollar to Israel.

    Reply
  5. @cliffgaither says:
    11 December 2024 at 12:19 pm

    The question is :: can BRICS learn how to treat people ?

    Can BRICS treat people and their countrysides with respect ?

    Can BRICS not steal the resources of other countries ?

    Can BRICS respect contracts ?

    Will it be the same-ole-same-ole as with the u.s. and Europe ?

    ❓️

    There are more colorful people in BRICS. That is a start.

    BRICS has already reshaped the world order.

    The question is, can BRICS shape a better world order ?

    Reply
  6. @pamamime1 says:
    11 December 2024 at 12:19 pm

    Putin is a respected leader and BRICS rules! The global south deserves to take the lead. Biden isolated himself and Americans.

    Reply
  7. @pamamime1 says:
    11 December 2024 at 12:19 pm

    The world proceeds without USA bullying. Go BRICS❤

    Reply
  8. @CHMichael says:
    11 December 2024 at 12:19 pm

    Is blackrock already infested in most companies of these countries?
    Corporations control the world not governments.
    The us military is just enforcing contracts.
    …. trump getting along with the saidis and putin migt change too

    Reply
  9. @davidvalyear8408 says:
    11 December 2024 at 12:19 pm

    A brics currency is worth how much $ compared to U.S.$😊

    Reply
  10. @m1983 says:
    11 December 2024 at 12:19 pm

    I think it will be robust if you change its name to RISC-B.

    Reply
  11. @RoobieRhoo says:
    11 December 2024 at 12:19 pm

    I believe it's a possibility BRICS can create a new world order. I am proud of America and the post WWII worked order. But it doesn't really exist, anymore, and we may have gone too far. It's an interesting question where BRICS will lead us and what that may look like. Will it be authoritarian in nature?

    Reply
  12. @MattsMkia says:
    11 December 2024 at 12:19 pm

    BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subject to numerous economic, political, and logistical considerations.

    Reply
  13. @ReneeLakes says:
    11 December 2024 at 12:19 pm

    I'm okay with fakes, as long as they are as good quality as the kislux and match the price I paid, I have no complaints.

    Reply
  14. @nurainiarsad7395 says:
    11 December 2024 at 12:19 pm

    BRICS is basically what it looks like when the employee countries unionise. With G7 being the group of the capitalist employer/former imperialist countries. Whereas G20 has a mix of the two.

    Reply
  15. @TemplesJasin says:
    11 December 2024 at 12:19 pm

    Mine (authentic) also has a smell inside! I don't know what's going on because none of my other products have the smell of the kislux bag. Called LV and they said it is normal and I can wipe the inside with a damp cloth. I thought the lining was suede but it's actually microfiber so I'm going to look for ways to remove the microfiber smell because the smell is keeping me from using it often.

    Reply
  16. @David-gy6fv says:
    11 December 2024 at 12:19 pm

    Trump Wins is a win to Brinks.

    Reply
  17. @user-jx5bi7yw9f says:
    11 December 2024 at 12:19 pm

    The US has been a disaster for a long time. They are only concern with war, money and power. None of that last, as time always shows. Their politicians and business leaders are concerned with nothing but keeping their power and getting rich. They have destroyed their people through greed, lies and favouritism over righteousness. The value as a country has declined, their value as a people, which they have always boost about duty and honour, is now a far cry from those two crucial words

    Reply
  18. @yunusjhon651 says:
    11 December 2024 at 12:19 pm

    The Brics have already declared war by silent against America and the Allied Nations.China,Russia,the Arab worlds and North Korea are now declaring war against America.

    Reply
  19. @yunusjhon651 says:
    11 December 2024 at 12:19 pm

    All being hopeless due of world 3 rd.The Brics are only situation of Dream.

    Reply
  20. @gracelobustha1636 says:
    11 December 2024 at 12:19 pm

    My gosh of course no! If North Korea is with them and China will become the economy power there,mix of all dictators will be more arrogant and much discriminations will happen and more free people goes into chaos.Only God can make us one.The Messiah will come back and everyone are going to enjoy the peaceful and loving nations.

    Reply
  21. @arjunlahiri8317 says:
    11 December 2024 at 12:19 pm

    Shifting the focus from SALE OF ARMS and promoting a WAR ECONOMY to general FREE TRADE and ECONOMICS of commodities and competencies between member nations is BRICS.

    Reply
  22. @kalim3238 says:
    11 December 2024 at 12:19 pm

    Even dough im from Britain and it will hurt us. I'm still happy for the bricks countries. May every1 be happy.

    Reply
  23. @bobiel9048 says:
    11 December 2024 at 12:19 pm

    "We have Paleolithic emotions, medieval institutions, and godlike technology". – Edward O. Wilson
    Neocolonialism has to go away.

    Reply
  24. @leptir7110 says:
    11 December 2024 at 12:19 pm

    Bravo

    Reply
  25. @sethdahalan says:
    11 December 2024 at 12:19 pm

    Welcome BRICS+ …. say bye bye….to…!!!!!?

    Reply
  26. @wisdomguy9837 says:
    11 December 2024 at 12:19 pm

    Yes to multipolar world, Yes to BRICS +

    Reply
  27. @manishg214 says:
    11 December 2024 at 12:19 pm

    They are the future and the West has abused and been busy plundering the East for centuries. Karma is now swapping sides

    Reply
  28. @davisgegausa001 says:
    11 December 2024 at 12:19 pm

    Brics is just a joke most of them are 3rd world countries a lot of corruption between each other and knives behind their backs. It won’t work.

    Reply
  29. @kevinl7173 says:
    11 December 2024 at 12:19 pm

    If they can reshape the Ukraine war, they def can reshape the financial world order

    Reply
  30. @bunyolofreshfarms7475 says:
    11 December 2024 at 12:19 pm

    Long live BRICS…Aluta Continua ✊🏾🇿🇲

    Reply
  31. @davidlim5 says:
    11 December 2024 at 12:19 pm

    Greatest Test of BRICS !!!

    Reply
  32. @kahhoeng88 says:
    11 December 2024 at 12:19 pm

    the formation of BRICS financial system is to avoid US/EU sanctions?

    Reply

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