BRICS Summit in Russia: What to Expect

President Vladimir Putin will play host to Russia’s biggest gathering of world leaders since the invasion of Ukraine. Leaders of 32 countries, as well as top officials of regional organizations and United Nations Secretary-General Antonio Guterres, will attend the three-day BRICS Summit starting Tuesday in Kazan, according to the Kremlin's foreign policy aide Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, and South African President Cyril Ramaphosa are due to join Putin alongside leaders of the new BRICS members Iran, Egypt, the United Arab Emirates and Ethiopia. Turkish President Recep Tayyip Erdogan will also attend. Bloomberg's Greg Sullivan breaks down what to expect.
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[Resad]

I like how you still reffer to western sanctions as "the international". Cute. Not giving up on propaganda I see.

[BrandyHeng]

Expect to launch BRICS payment system bypassing SWIFT

[MudThought]

Western when promoting capitalism : competition is good for business, and then forced developing countries opening their market and resources.

Western when global south trying to introduce competition : over capacity, dedollarization is bad, and then put sanction/tarrifs on countries.

[rodolfomartinez]

The interesting thing about BRICS is that it is an open and participatory Forum, unlike the G7, defined by being a private and exclusive Club.

[ArmorKingEmir]

bro, as a Russian, i can tell you that you care more about Putin than i do

[MMHoldingsInc]

Lol there are no disagreements buddy none, why would a sovereign country issuing its own currency want to hold US dollars? Why would they want to pass through New York and pay fees at wall street. Why would a currency issuing state want to hold and forced to trade with a currency they can't print? Any country that issue's it's own country will be interested in BRICS afterall trading and borrowing in your own currency decreases depreciation which is very important for developing countries they can finally borrow at fair interest rates and its central bank can support economic development by printing, you know like how the US has had that unfair privilege since post WW2.
Not surprised Bloomberg who's a spokespersons for wall street is downplay the significance of this shift in global world order

[Nom_AnorVSJedi]

The USA and EU are giving Ukraine unlimited aid, so why can’t China help Russia? Let’s make this a fair fight okay?

[NoFrillz-G]

They keep talking Russia China but the true power lies with Modi. By Modi propping up Putin means Russia is not isolated. China is just one of the few allies Russia has. Russia has friendly relationships with many nations outside the AngloSphere. Bloomberg couldn’t highlight that fact and focuses on China. Talking points from the state dept.

[johnfeng]

United BRICS brothers for our peace and prosperity! Cooperated to develop our countries to a higher level! Long live BRICS!

[deniseellenburg]

Thanks again, Bloomberg, for telling me what I should think! Not that anyone believes a word you say anymore after repeated episodes of reporting utter BS as fact. One word - RATINGS.

[AnnaNov-fm]

Putin has support from China, North Korea, Elon Musk, Orban, Trump, Republicans, Iran, India. With such support, Putin feels very confident.

[homelessjesse]

The Jaws are freaking out. I love it. 😅

[Warxjay]

Turkey needs to leave NATO or get kicked out. Playing both sides out of cowardice.

[euniceolagbenro]

Thanks so much for founding Brics. More wisdom.

[poseidon]

❤ If it is true that the BRICS+ currency exists, then I am very confident that not only the US dollar will collapse. the Euro and Pound will also fall. and the world is successfully reorganized according to equal human nature. the Farmer peasant and the rich entrepeneur on earth will respect each other. amazingly I respect the creators of equality. the poor will not die of hunger while the rich are partying prostitutes on private yachts.

❤❤❤❤❤BRICS+❤❤❤❤❤

[eymeeraosaka]

This is a Black Swan event but you see it as a Talking Shop🤣😂 Amazing....!!

[rohanmahadik]

5 eyes crying in corner with Bloomberg, bbc and 15 others 😭😭😂😂

[almarioantaran]

GODBLESS TO ALL AND PEACE ON EARTH. BLESS.

[aanandika]

Countries who attended BRICS "i agree with Pootin on Ukraine"

[Shipspotting_Vietnam]

BRICS is good since now it can compete with WB of G7, more options for developing countries to growth their future!