Category: Russia
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BRICS Options for Currency Over Dollar Alternatives
The geopolitical landscape has been shaken by recent statements from Donald Trump, the U.S. President-elect, threatening BRICS nations with 100% tariffs if they pursue plans to develop a currency alternative to the U.S. dollar. In a direct and unequivocal post on Truth Social, Trump demanded a “commitment” from the nations…
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The Return of Donald Trump: Implications for U.S. Economic Policies and U.S.-India Relations
In a surprise twist, the recent U.S. presidential election saw the return of Donald Trump to the White House, marking a new chapter in the country’s domestic and international affairs. Trump’s economic policies, notably defined by “America First” principles, are likely to bring significant changes, influencing everything from trade to…
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Exploring the BRICS Alternative Currency
The recent discourse around the potential development of an alternative currency among BRICS nations—Brazil, Russia, India, China, and South Africa—has sparked global curiosity. Proponents argue that such a currency could potentially challenge the dominance of the U.S. dollar in international trade and strengthen economic ties among these emerging economies. However,…
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Rising Geopolitical Tensions and Economic Uncertainty
One of the most significant developments in international economics has been the mounting geopolitical tensions and their potential impact on the global economy. This growing concern has been highlighted by several key international organizations, including the International Monetary Fund (IMF) and the World Bank. The geopolitical landscape is increasingly unstable,…
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Economic Sanctions and Their Global Repercussions
Economic sanctions have long been a tool of international diplomacy, used by countries to influence the behaviors of other nations without resorting to military action. Recent sanctions on countries like Russia and Iran have not only affected the targeted nations but have also had far-reaching consequences on global trade and…
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Russia’s Economy and Debt Default…?
Introduction:Russia’s economy has experienced significant fluctuations in recent times, shaped by various internal and external factors. The following explores the current state of Russia’s economy, highlighting key indicators such as GDP contraction, the cushion provided by oil exports, living standards, social measures, current account surplus, and unemployment rates. Additionally, it…
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