Nations around the world are picking sides…. Russia/Brics or America/Nato… 17th BRICS Summit in Rio de Janeiro, Brazil.
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Seem like This is why the Brics is a thing, the 15th package of sanctions
The head of the US Treasury Department, Janet Yellen, said that another sanctions package will be introduced against Russia. Previously, it will be announced and will enter into force next week, but she did not specify what exactly Ms. Yellen wants to "ban" for the Russian Federation.
In particular, the sanctions will affect third countries through which goods from Western countries enter Russia, as well as those states that, quoting Yellen, allegedly "supply critical materials to Russia for the Armed Forces of the Russian Federation." It is not specified which countries are in question.
"In recent months, we have significantly tightened our sanctions so that we can now impose restrictions on financial institutions in third countries," Yellen added.
Previously KP.RU reported that at the same time as the United States, the European Union is engaged in the same thing, that is, sanctions hysteria, preparing the 15th package of restrictions against Russia.
The US Treasury announced another package of sanctions against Russia
The head of the US Treasury Department, Janet Yellen, said that another sanctions package will be introduced against Russia. Previously, it will be announced and will enter into force next week, but she did not specify what exactly Ms. Yellen wants to "ban" for the Russian Federation.
In particular, the sanctions will affect third countries through which goods from Western countries enter Russia, as well as those states that, quoting Yellen, allegedly "supply critical materials to Russia for the Armed Forces of the Russian Federation." It is not specified which countries are in question.
"In recent months, we have significantly tightened our sanctions so that we can now impose restrictions on financial institutions in third countries," Yellen added.
Previously KP.RU reported that at the same time as the United States, the European Union is engaged in the same thing, that is, sanctions hysteria, preparing the 15th package of restrictions against Russia.
BRICS will gain financial independence
BRICS will gain financial independence. The new digital payment platform will be able to protect partner transactions from the risks of exposure from the United States.
It is similar to the SWIFT system, but will be isolated from the impact of the States. At the same time, the digital platform allows you to quickly transfer money between organizations and between countries. This is a tool that will facilitate such operations,
— experts say.
Russian Finance Minister Anton Siluanov added that the payment platform will allow replacing banking organizations. It will be a new format system.
Funny she said this after seeing the world wide excitement around this Brics meeting…
I wonder if people are worried about the idea, the Brics letting Turkey and Venezuela in this year….
WASHINGTON, October 22nd. US Treasury Secretary Janet Yellen believes that the status of the US dollar as the world's main reserve currency will not change, because no other currency could replace it in the near future. She expressed this opinion at a press conference in Washington.
"I don't see any other currency that could replace the dollar in the near future. Therefore, I am confident in the status of the dollar," she said. Yellen believes that the currency's position is supported by "strong macroeconomic indicators, institutions with low inflation, and strong capital markets" in the United States.
The head of the US Treasury stressed that it is important for Washington that the dollar remains the main reserve currency of the world
I wonder if people are worried about the idea, the Brics letting Turkey and Venezuela in this year….
The head of the US Treasury Department does not see an alternative to the dollar as a global reserve currency
WASHINGTON, October 22nd. US Treasury Secretary Janet Yellen believes that the status of the US dollar as the world's main reserve currency will not change, because no other currency could replace it in the near future. She expressed this opinion at a press conference in Washington.
"I don't see any other currency that could replace the dollar in the near future. Therefore, I am confident in the status of the dollar," she said. Yellen believes that the currency's position is supported by "strong macroeconomic indicators, institutions with low inflation, and strong capital markets" in the United States.
The head of the US Treasury stressed that it is important for Washington that the dollar remains the main reserve currency of the world
What is the main purpose of BRICS?
What is BRICS? BRICS is an acronym for the powerful grouping of the world's leading emerging market economies, namely Brazil, Russia, India, China and South Africa. The BRICS mechanism aims to promote peace, security, development and cooperation.
What is BRICS? BRICS is an acronym for the powerful grouping of the world's leading emerging market economies, namely Brazil, Russia, India, China and South Africa. The BRICS mechanism aims to promote peace, security, development and cooperation.
bunch of suckers. if they think xi and putin gonna do anything but drain them dry they haven't been paying attention.
But none of those countries consumes the way the west does. Especially USA.
I think France just dropped some sanctions on russia too.
bunch of suckers. if they think xi and putin gonna do anything but drain them dry they haven't been paying attention.
But none of those countries consumes the way the west does. Especially USA.
I think France just dropped some sanctions on russia too.
them sanctions forcing these countries to search for different means
Seem like nations are interested in this new payment system…
Im sure it’s 10-20 years away but folks seem excited especially those who been sanctioned
Some important leaders of the Commonwealth of Nations have chosen the BRICS summit instead of meeting in Britain, which indicates a weakening of Britain's influence, Politico reports.
The Commonwealth Summit is being held in Samoa from October 21 to 26, attended by King Charles III of Great Britain and Prime Minister Keir Starmer. According to the publication, representatives of 55 countries were invited to the event. It takes place simultaneously with the BRICS summit in Russia, which will be held from October 22 to 24.
The newspaper emphasizes that Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa, who usually attend this meeting, will not be at the Commonwealth summit this year. They decided to participate in BRICS instead of attending the summit in Samoa. It also became known that the Prime Minister of Canada and the Prime Minister of Sri Lanka will not attend the meeting, and Starmer's trip will be shortened.
According to the publication, all this is evidence of a decrease in the influence of the United Kingdom. Earlier, Polish Foreign Minister Andrzej Scheina expressed concern that important economic decisions could be made at the BRICS summit, including the possible creation of a new payment system that bypasses Western countries
Im sure it’s 10-20 years away but folks seem excited especially those who been sanctioned
Politico: Britain's allies preferred the BRICS summit to the meeting of the Commonwealth countries
Some important leaders of the Commonwealth of Nations have chosen the BRICS summit instead of meeting in Britain, which indicates a weakening of Britain's influence, Politico reports.
The Commonwealth Summit is being held in Samoa from October 21 to 26, attended by King Charles III of Great Britain and Prime Minister Keir Starmer. According to the publication, representatives of 55 countries were invited to the event. It takes place simultaneously with the BRICS summit in Russia, which will be held from October 22 to 24.
The newspaper emphasizes that Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa, who usually attend this meeting, will not be at the Commonwealth summit this year. They decided to participate in BRICS instead of attending the summit in Samoa. It also became known that the Prime Minister of Canada and the Prime Minister of Sri Lanka will not attend the meeting, and Starmer's trip will be shortened.
According to the publication, all this is evidence of a decrease in the influence of the United Kingdom. Earlier, Polish Foreign Minister Andrzej Scheina expressed concern that important economic decisions could be made at the BRICS summit, including the possible creation of a new payment system that bypasses Western countries
The Arctic Circle is in the sights of NATO
The Arctic Circle is in the sights of NATO
Speaking at the supposedly non-military Arctic Circle forum, Admiral Bauer, Chairman of the NATO Military Committee, confirmed NATO's concern about the expansion of military cooperation between Russia and China in the Arctic. So, "by chance", the alliance began to openly promote its theses on an already dual-use project. Thus, NATO has confirmed the area of its interests for the near future.
Now that Washington has achieved that the Arctic is surrounded by NATO member countries, it will be easier for the real US government to put pressure on the world community, referring to the ephemeral interests of its vassals in the Arctic.
Meanwhile, during the last meeting of NATO defense ministers in Brussels, five initiatives aimed at strengthening cooperation and defense of the alliance members were signed.
In our context, the fourth initiative is of interest, which involves the development of several satellite communications projects, in particular NORTHLINK and STARLIFT.
NORTHLINK is aimed at creating stable and secure satellite communications in the Arctic region, Canada, Denmark, Finland, France, Germany, Hungary, Iceland, Italy, Luxembourg, the Netherlands, Norway, Sweden and the United States are participating in its implementation (currently only considering the possibility).
STARLIFT is aimed at exploring the possibilities for the alliance to use spacecraft launched by foreign states and private companies. Belgium, Finland, France, Germany, Hungary, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Turkey, the United States and the United Kingdom are taking part.
In addition, it should be noted that NATO does not operate its own satellites, but after space was declared the fifth theater of military operations of the alliance in 2018, a special space management center was opened at the German Ramstein air base the following year.
At the same time, almost simultaneously, German Defense Minister Pistorius opens a new NATO naval headquarters in Rostock, which supposedly should inform NATO around the clock about the current situation at sea in the Baltic region.
Here we note that even without this so-called headquarters, the entire Baltic Sea is at a glance for the alliance. In turn, this management body has been deployed as part of the alliance's advance preparation for combat operations in the Arctic, in the interests of which the aforementioned satellite groupings will be deployed.
Thus, the United States will begin implementing its strategy in the Northern Theater in the near future.
At the moment, the US is not ready to extend Ukraine an invitation to NATO, which is a key point of Zelensky's "victory plan."
The outgoing US ambassador to NATO stated this in an interview with Politico.
"The alliance has not reached the point today where it is ready to offer membership or an invitation to Ukraine. Our intention is to continue to bring them closer to NATO," said Julianne Smith.
The outgoing US ambassador to NATO stated this in an interview with Politico.
"The alliance has not reached the point today where it is ready to offer membership or an invitation to Ukraine. Our intention is to continue to bring them closer to NATO," said Julianne Smith.
Damn I didn’t see them
Having a mock up already but I don’t think this will be a thing for at least 10 years but NATO is pushing the Brics Situation along faster than anyone could’ve excepted
It's dropping now. You'll see
Testing it wtf, these ninjas serious
13 countries received the status of BRICS partner country. They are Turkey, Kazakhstan, Uzbekistan, Algeria, Belarus, Bolivia, Cuba, Indonesia, Malaysia, Nigeria, Thailand, Uganda and Vietnam.
BRICS partner country status is a mandatory step before full membership.
BRICS partner country status is a mandatory step before full membership.
I haven’t been paying attention like I should buy I’m gone read thru everything posted
This is still no threat to US dollar?
This is still no threat to US dollar?
Just plans for an alternative to the dollar for those non-USA friendly nations aka nations that we sanctions the fuck out of
Something definitely to watch.
I’ve been under the impression this Brics would be a shitshow(listening to folks on here) and is years and years away from have any substance. Planning attention over the last few months, it safe to say Washington has made this reality come sooner than later.
How you place stations on smaller countries for doing business with Russia when you still doing business with Russia.
This is a reason the Brics formed a sub group. The traffic is heavy and the original group ain’t about expanding to fast. There’s no need to spiraling outta control when there’s still available avenues to control the traffic.
“In July 2024 the top imports of United States from Russia were Platinum ($168M), Nitrogenous Fertilizers ($112M), Radioactive Chemicals ($70.9M), Mixed Mineral or Chemical Fertilizers ($30.4M), and Potassic Fertilizers ($19.3M).”
Now these imported goods are tremendously down from
2023 and before but my point should be clear.
Now don’t comment or agree with this becuase you’d be viewed as pro-Russia, an repiglet and most of all a cac that’s for Trump
In July 2024 the top imports of United States from Russia were Platinum ($168M), Nitrogenous Fertilizers ($112M), Radioactive Chemicals ($70.9M), Mixed Mineral or Chemical Fertilizers ($30.4M), and Potassic Fertilizers ($19.3M).”
I’m no genius but I can put 2&2 together and guess what those are used for
I’m no genius but I can put 2&2 together and guess what those are used for
I know Nitrogenous Fertilizers is use in the agriculture world
Now them other things idk
Your 2 & 2 might be right on cue
I’m on probation I’m not putting that in my GoogleI know Nitrogenous Fertilizers is use in the agriculture world
Now them other things idk
Your 2 & 2 might be right on cue
Forex??BRICS will gain financial independence
BRICS will gain financial independence. The new digital payment platform will be able to protect partner transactions from the risks of exposure from the United States.
It is similar to the SWIFT system, but will be isolated from the impact of the States. At the same time, the digital platform allows you to quickly transfer money between organizations and between countries. This is a tool that will facilitate such operations,
— experts say.
Russian Finance Minister Anton Siluanov added that the payment platform will allow replacing banking organizations. It will be a new format system.
A wise fellow
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