(LIVE BLOG) PREVIEW OF BRICS SUMMIT, 22-24 OCT. 2024
Last year we reported extensively on the annual BRICS summit 2023 ( link ). The 2024 summit will be held in Kazan, Russia from Oct. 22 to 24. Last year expectations were high due to speculations about the announcement of a gold backed currency. This did not (yet) happen though. But it is good to remind ourselves what the consequences will be should the US dollar lose its reserve currency status, which is still possible with or without a new trading currency in the BRICS nations. The one party that for now does not seem to have any worries about a new world order, is the UN. Russia extending an invitation to the Secretary General of the UN could be interpreted as a matter of expediency, diplomacy or even common curtesy ( source ).
