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Interest In The BRICS New Economic Order

The forum of emerging economies, Brazil, Russia, India, China, and South Africa (BRICS), is very much in the news. There is much global interest in the economic developments in this group, especially as it relates to creating an alternative economic order which includes a new reserve currency to replace the US dollar Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

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