The disappointing outcome of BRICS 2024

[DrBeer]

The oil was the first thing that dollar got to the global stage, while it's true that USD is used more now, if you go back in history, you will see that America, when they were dealing with just farming mostly, had to sell their products and get rich, with either gold as payment from other nations, or sometimes even payment in their currency, because when USA was being formed, it wasn't dollars that was so powerful.

The Dollar lost importance on products like oil.



As a tool for many privateers the dollar gained on popularity though.
That should make clear that the actors which would like to act without control have something to hide.

Have you seen the panama papers? Many politicians are involved in grey area finance.

Not that it was lost, it is more correct to say it was replaced by the Euro, because until the realization of the single European currency, European countries also bought oil for dollars. After that they switched to Ecu and then to Euro. So it is quite a normal picture here.
The second factor is the fact that a significant part of oil, which was previously sold by Russia to the market, is now not sold for dollars, but for yuan and rupees, which also affects the share of dollar settlements.  But in this case it is not because Russia has decided not to sell for dollars, but because it cannot sell for dollars

[DrBeer]

What great news from the BRICS members ! News from friends united by strong friendship to oppose the west

China's largest ports have closed the entrance for tankers of Moscow's “shadow fleet” !
Shandong Port Group has banned tankers under US sanctions from entering its ports in the eastern Chinese province. Many refineries there are major importers of oil from countries under US embargo.
https://www.reuters.com/business/energy/chinas-shandong-port-group-blacklists-us-sanctioned-oil-vessels-say-traders-2025-01-07/

Although I understand China - with Russia, its raw material and obedient appendage, you can do whatever you want, it will obediently fulfill any whim of China, because it is one of the few countries that, even though it is pennies and in yuan, but pays the rogue country.

Well, we understand perfectly well that China understands too - if we limit the shadow fleet of the terrorist country, it will be forced to look for other ways to sell oil, and almost the only option will be to sell oil through a pipeline.... TO CHINA ! And China will say - we bought at 40 dollars per barrel, but these surpluses are ready to buy at ...20 dollars (of course with payment in yuan) ! Or freeze your wells ! The friendship between master and slave looks like this

[WillyAp]

What great news from the BRICS members ! News from friends united by strong friendship to oppose the west

Well, we understand perfectly well that China understands too - if we limit the shadow fleet of the terrorist country, it will be forced to look for other ways to sell oil, and almost the only option will be to sell oil through a pipeline.... TO CHINA ! And China will say - we bought at 40 dollars per barrel, but these surpluses are ready to buy at ...20 dollars (of course with payment in yuan) ! Or freeze your wells ! The friendship between master and slave looks like this

China will just do as any state does, what serves me better?
Rusia with raw materials is less important than buyers in the west
The tariff politics of the new president (47) will backfire, still he might be open enough to change course. 

[DrBeer]

What great news from the BRICS members ! News from friends united by strong friendship to oppose the west

Well, we understand perfectly well that China understands too - if we limit the shadow fleet of the terrorist country, it will be forced to look for other ways to sell oil, and almost the only option will be to sell oil through a pipeline.... TO CHINA ! And China will say - we bought at 40 dollars per barrel, but these surpluses are ready to buy at ...20 dollars (of course with payment in yuan) ! Or freeze your wells ! The friendship between master and slave looks like this

China will just do as any state does, what serves me better?
Rusia with raw materials is less important than buyers in the west
The tariff politics of the new president (47) will backfire, still he might be open enough to change course.  

It goes without saying that China is EXPECTED to accept the terms of the game. But China will do it in a Chinese cunning way - it will remain a proprietor of Russia, and the owner of its resources, but will agree to the conditions of the USA, because cheap resources are profitable, and China will not survive the confrontation with the USA ). But this will be presented under a “sauce” something like “Xi Jinping forced the US to agree to China's terms”
By the way, in China's raw materials appendage, propaganda has already started to change the vector of the masses - the U.S. is already a friend and comrade, and the fact that “yesterday” they were still planning to “hit Washington with a nuclear missile”, everyone forgets It is not excluded that “legs of Bush Trump” will again be gladly received in Russia as humanitarian aid, as in the 90s

[DrBeer]

As it turned out, the touted BRICS-PAY project (supposedly a system for mutual payments in local currencies within BRICS ) is a project launched by Russia, and as we know, whatever Russia takes on is a guaranteed failure and a fake .

The project has no international status, it is purely Russian and is an attempt to “cross a hedgehog and a beetle”, or rather a system based on the Russian banking system, Chinese CIPS and Indian UPI.

It was started in Russia in 2018, and today it does not have any development, clear goals and plans for implementation.
The domain of the “official page of the payment system
BRICS-PAY” is registered in Russia...

Domain Name: BRICS-PAY.COM
Registry Domain ID: 2750643833_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.nic.ru
Registrar URL: http://nic.ru
Updated Date: 2025-01-02T06:37:31Z
Creation Date: 2023-01-11T16:22:43Z
Registry Expiry Date: 2026-01-11T16:22:43Z
Registrar: Regional Network Information Center, JSC dba RU-CENTER
Registrar IANA ID: 463
Registrar Abuse Contact Email: tld-abuse@nic.ru
Registrar Abuse Contact Phone: +74950091333
You can call to find out how the bottom is doing

[WillyAp]

BRICS Roadmap:

Those who look a little deeper know that being a populous nation is not really an advantage. Only a %tage lifts themselves out of poverty. A mix of education, financial opportunity and determination is needed. Both items you cannot buy.

Funny enough where you programs from UN Organizations they lift fewer people from poverty, they really administer their flock.

New membership & partners: How BRICS expanded in 2025

BRICS now boasts 10 full members: Brazil, Russia, India, China, South Africa, Egypt, the United Arab Emirates, Ethiopia, Iran, and Indonesia.New membership:

Indonesia officially joined BRICS on January 6, 2025. What does it bring to the table?

fourth-most populous nation (281,562,465)

world's 16th-largest economy by nominal GDP and the 8th-largest by PPP

major exporter of crude petroleum and natural gas, supplier of rubber, coffee, cocoa, palm oil, sugar, tea, tobacco, copra, and spices

average GDP projected to grow 5.1% per year from 2024 to 2026, according to the World Bank.

Who are the most recent BRICS partner states as of January 1, 2025?

Belarus: Russia’s closest security ally, positioned in the heart of Europe
Bolivia: Boasts the world's largest lithium reserves at around 23 mln tons
Kazakhstan: 9th-largest country in the world, with Caspian Sea ports of Aktau and Kuryk; mutual trade turnover with Russia already at $30 bln
Cuba: Rich in minerals like nickel and cobalt; strategic Caribbean location
Malaysia: Offers a “neutral and non-aligned” venue for strategic semiconductor hub via its National Semiconductor Strategy (NSS)
Thailand: Offers the role of “bridge builder” with regional groupings, such as ASEAN, APEC, ACD, and Bay of Bengal Initiative for Multi -Sectoral Technical and Economic Cooperation (BIMSTEC)
Uganda: Strategic location for regional trade and investment in East Africa
Uzbekistan: Active in projects such as the North-South Transport Corridor, connecting Russian ports with Iran
Nigeria: Africa's largest economy, with GDP growth projected to reach 3.6% per year in 2025-2026

Found at: https://news-pravda.com/world/2025/01/20/990421.html
They sourced it from https://t.me/llordofwar  so treat with care