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#brics2024 — Public Fediverse posts

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  1. GDP growth in the BRICS nations is projected to grow at a faster rate for 2024 than for the G7 nations.

    Of course, Gross Domestic Product for the G7 is nearly twice that of the BRICS nations - AND both Russia and China's economies are now starting to collapse.

    Putin's invasion of Ukraine has deprived Russia of an estimated 2 million-ish workers, and China's population has already begun aging itself into declining productivity.

    India's is the only BRICS economy that has long-term growth potential and they are still highly dependent upon trade with the G7.

    So I don't see much of a future for BRICS in terms of establishing a new world order.

    #economics #g7 #brics #brics2024

    Reuters: Putin says BRICS, not the West, will drive global economic growth

    reuters.com/world/putin-says-b

  2. GDP growth in the BRICS nations is projected to grow at a faster rate for 2024 than for the G7 nations.

    Of course, Gross Domestic Product for the G7 is nearly twice that of the BRICS nations - AND both Russia and China's economies are now starting to collapse.

    Putin's invasion of Ukraine has deprived Russia of an estimated 2 million-ish workers, and China's population has already begun aging itself into declining productivity.

    India's is the only BRICS economy that has long-term growth potential and they are still highly dependent upon trade with the G7.

    So I don't see much of a future for BRICS in terms of establishing a new world order.

    #economics #g7 #brics #brics2024

    Reuters: Putin says BRICS, not the West, will drive global economic growth

    reuters.com/world/putin-says-b

  3. BRICS सम्मेलन 2024 में शामिल होने आज रूस के लिए रवाना होंगे पीएम मोदी, राष्ट्रपति पुतिन से करेंगे मुलाकात
    #PMModi #Russia #BRICS2024 #BRICS #BRICSSummit #Kazan #VladimirPutin #IndianFilms @narendramodi #dwsamachar

    dwsamachar.com/2024/10/21/pm-m