Christiana Maciel on LinkedIn: An expanded BRICS: More bark than bite (2024)

BRICS Financial and Monetary Initiatives – the New Development Bank, the Contingent Reserve Arrangement, and a Possible New Currencyhttps://lnkd.in/ehv46ZbuAt the 20th Annual Meeting of the Valdai Discussion Club our session is called “A World Beyond Hegemony: BRICS as a Prototype of a New International Architecture”. The theme is vast and ambitious. Ambition is appropriate. Without ambition, nothing much is achieved. The BRICS are undoubtedly a major force in the world and have been […]Cyprus CEO - Business articles, company news/updates, opinions.https://lnkd.in/e5ZMB_2R#CEO #business #management #marketing #tech #AI #legal #money

BRICS Financial and Monetary Initiatives – the New Development Bank, the Contingent Reserve Arrangement, and a Possible New Currencyhttps://lnkd.in/eHdZ3xzWAt the 20th Annual Meeting of the Valdai Discussion Club our session is called “A World Beyond Hegemony: BRICS as a Prototype of a New International Architecture”. The theme is vast and ambitious. Ambition is appropriate. Without ambition, nothing much is achieved. The BRICS are undoubtedly a major force in the world and have been […]Cyprus CEO - Business articles, company news/updates, opinions.https://lnkd.in/eNXuPPiM#CEO #business #management #marketing #tech #AI #legal #money

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Excellent and informative article for anyone interested in BRICS & dedollarization. […]The key takeaway, per Ryabkov, is that the BRICS should not create a financial and monetary alliance; they should create payment and settlement systems that do not depend upon the shifty "rules-based international order." That's exactly the emphasis of the ideas and experiments already developed by Minister of Integration and Macroeconomy at the Eurasia Economic Union (EAEU) Sergei Glazyev, as he explained in an exclusive interview, as well as the new groundbreaking project on the verge of being greenlighted by the Russian government. Ryabkov confirmed that "a group of experts, led by the Ministries of Finance and representatives of the Central Banks of the respective [BRICS] countries," is working nonstop on the dossier. Moreover, there are "consultations in other formats, including with the participation of representatives of the 'historical west.'"[…]#brics #dedollarization #fintech #paymentsystem #centralbanks #finance #china #russia #saudiarabia #india #globalsouth #cbdc

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I'm excited to share insights from the latest publication, "Modernizing Financial Markets with Wholesale Central Bank Digital Currency (wCBDC)." Did you know that 98% of the world's central banks are exploring or implementing CBDCs? This is a significant milestone towards transforming payments and securities transactions between financial institutions. In collaboration with Accenture, this report highlights the urgent need for secure and efficient settlement infrastructures. It also calls for robust public-private partnerships to tackle the challenges of interbank payments and securities transactions. Leaders in both the public and private sectors are encouraged to explore the role of wCBDC in their jurisdictions and to collaborate on innovative solutions. Join us in shaping the future of financial markets by diving into the full report for more detailed insights. #DigitalCurrency #Finance #Innovation #PublicPrivatePartnership #CBDC #FinancialMarketsLink to the full report: https://lnkd.in/eYR7JTb6

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There was also the suggestion of aBRICS own currency, with the sole purpose of making trading between the BRICS easier, but experts say that “it’s a distant dream and very unlikely” that would happen.#bricssummit2023 #bricssummit #emergingmarkets #BRICS #dedollarization #internationaltradehttps://lnkd.in/dgskMPQf

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🌟 The Future of BRICS Bank! 🌟Andrey Belyaninov, Secretary General of the Eurasian Peoples’ Assembly, says the New Development Bank could become more proactive as a key player in the financial market. 🌐💼Find out in the link below what else was discussed at the BRICS International Financial and Economic Forum, held from May 27 to 28 in Moscow. 🚀📈#BRICSBank #FinancialMarkets #GlobalFinance #EconomicGrowth #EmergingMarkets #EurasianPeoplesAssembly #FinanceInnovation #ProactiveBanking #FutureOfFinancehttps://lnkd.in/gZ3f88qh

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The BRICS nations are not ready to ditch the dollar just yet. In early July, Edward suggested that the BRICS are moving towards a non-dollar financial system, leveraging gold derivatives, smart contracts, and trustless blockchains. But let's pump the brakes. While these technologies are promising, the reality is that the global financial ecosystem heavily relies on the dollar. Transitioning to an alternative system isn’t as straightforward as flipping a switch. Economic stability, market confidence, and established financial networks are deeply entrenched in dollar dominance. Yes, the idea of a multipolar financial world is intriguing, and innovation in financial technologies is exciting. But we must acknowledge the complexities and existing dependencies that make a swift shift improbable. What are your thoughts on the practicality of such a shift? Check this out: https://lnkd.in/eWYhcDTr

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BRICS Nations to Launch Decentralized Financial System- Strategic Shift: BRICS plans to end reliance on the US dollar.- New System: A decentralized financial system is in development.- Economic Independence: This move aims to enhance economic sovereignty among BRICS nations.- Global Impact: Could reshape global financial transactions and currency power.- Implementation: Details on the system's operation and launch timeline are forthcoming.This initiative marks a significant pivot in global economic strategies.#BRICS #Finance #Decentralization #EconomicDevelopment #GlobalEconomyhttps://lnkd.in/dhwDD64F

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It is acknowledged that ‘central bankism’ as a strand of economic mindset contributed significantly to the structural neutralization of Keynesianism within German (and later within the EU) institutions, and political and economic elites. At the same it is underestimated the role of the Bank for International Settlements (BIS) as an intellectual hub that promotes ‘central bankism’, the ideological and scientific arguments for the supremacy of monetary technocrats in the modern economic agenda. The details about the epistemic authority of the BIS are revealed in my latest piece the Monetary Policy Institute Blog.https://lnkd.in/dBmBNQyX

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Groundswell for NESARA and the RevalSeptember 12, 2023 by Steve Beckow https://lnkd.in/gUUWkCkZAnother 9/11 passed. Time to buckle up and get back to pushing again.Whatever one’s complaints may be about NESARA (the National Economic Security and Reformation Act and the economy it mandates) and the Reval (the Global Currency Reset), one cannot dispute that it’s never been so widely known as it is now. (1)It seems every commentator has their take on it. Which is wonderful. That growing groundswell alone should have an impact on getting over deep-state resistance to it.Back in 2013, when I started buying currency, I asked Michael if it was alright to do so. He replied that they were chuckling over it. He explained:Archangel Michael: There are some of you that have heard our whisper to go and buy dinar or dong, etc. … We are always planting these ideas. (2)As an aside, the next part of what he says should be heeded by everyone wondering “How am I going to do this?”Here’s how – and you’ve seen me share ample evidence of being inspired in a sudden flash, as he discusses here:Archangel Michael: But one of the things we do is we also plant the longer view, so that a person who is involved in a highly complex situation — which this is, by the way; because it is not just about money, it is not just about currency, it is about values — in key people we will plant the longer view.We will inspire, if you wish to use that word, the longer view so that they have, like a flash of lightning, the understanding and all the steps to what can be accomplished many steps out if they simply do A, B, C and D. state is progressively deprived of finances with all the financial maneuvering that’s happening now (BRICS, NESARA, Reval, leadership tribunaled, EO sequestering funds of human-rights abusers, etc.).Whatever the case, in my estimation, the white hats are poised and waiting for the right time to spring their trap. And at the same time they do, I think they’ll announce NESARA and the Reval.I don’t think anyone, except the darkest minds in the deep state, want the economy to totally crash and fail. Rebuilding the broken networks would be a difficult and painful process. So I think the militaries of the world will intervene before that point to save the basic economic infrastructure.I end by referring to the Plan of the One whose opinion really matters – the Divine Mother. She says the victory of the darkness is not in her Plan; only the victory of love:Divine Mother: [I am speaking about] those in … positions where control and abuse of power have been rampant. That will not be the platform [from] which integration of the various galaxies [entry into the new region of space] takes place. That is not the Plan.I know very clearly, sweet one, as do you, if it is not [in] my Plan, then it will not occur. (10)Divine Mother: Make no mistake, Sweet One, Love will win because that has been my Plan always

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