🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦 The XV BRICS Summit in Johannesburg held in August of this year sparked a wide range of expectations regarding its growing weight in the international system.

The Summit’s agenda foresaw two prominent issues to address.

🔹 On one hand, particularly due to movements in favour of using national currencies in trade and financial exchanges among group members and other nations of the Global South, the creation of a common currency to replace the U. S. dollar as the dominant currency appeared as key issues to be addressed.

🔹 On the other hand, the expansion of the bloc to a broader platform, taking into account the numerous requests for entry from countries in the Global South.

The geographical balance of the new additions to BRICS clearly illustrates this intention. However, just like the original group and the currently expanded BRICS+, they present heterogeneities and asymmetries that will likely pose challenges in the future for consensus-building, Andrés Serbin writes.

https://valdaiclub.com/a/highlights/brics-political-and-geopolitical-challenges-a-view/

#EconomicStatecraft #BRICS #BRICS2023 #GlobalSouth #LatinAmerica #Argentina

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🇵🇸 The recent crisis in Gaza was totally unexpected and confusing to the entire world, which was not prepared for the greater magnitude of escalation in the strategic region.

The impact of the conflict was more severe for North African countries, as they are already experiencing worsening economic and political crises. The region is struggling, with instability in Libya and chronic tension between Algeria and Morocco. Egypt has suddenly found itself facing a war on its borders, as it neighbours the two sides of the crisis, the Gaza Strip and Israel.

There is an urgent need for serious and active move from all countries to stop the war. The risks of a widening war are increasing. The burning fire must be extinguished before it turns into a regional or international war, a worst-case scenario that nobody wants to see happen, writes Nourhan ElSheikh.

https://valdaiclub.com/a/highlights/north-african-countries-and-the-palestinian-crisis/

#ModernDiplomacy #Palestine #GlobalSouth

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🌞 Countries of the Global South

Why has the world been divided into the Global North and Global South in the 21st century? Who are the members of these macro-groups, how did they form, what do the countries within these groups have in common and how do they differ? You can learn about this and how the Global South countries are developing their relations with Russia and other powers in our video infographic.

#valdai2024 #valdai_infogaphics #GlobalSouth

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🔋 Energy for the Global South

The Global South is the socio-economic and political definition used to describe developing countries. These states are rich in a wide variety of resources, both fossil and renewable. The leaders in electricity generation among the Global South are China, India, Brazil, Saudi Arabia, Iran and Mexico. However, there are constraints to the development of green energy. You can find out which ones and how these challenges are being addressed in our infographic.

#valdai2024 #valdai_infogaphics #energy #GlobalSouth

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📆 ANNOUNCEMENT: On November 29 at 11:00 Moscow Time (GMT+3), the Valdai Discussion Club will host a discussion titled: “Russia, the Global South, and the World Majority.”

Amid the fundamental changes in the world order and global economy, the countries of the Global South are playing an increasingly significant role. The development of cooperation between Russia and the world majority requires a deeper understanding and consideration of the interests of these countries.

The Global South countries are increasingly declaring their independent positions and setting goals, while maintaining close ties with the United States, the European Union and the international economic institutions they control. For Russian foreign policy, it is necessary to understand this duality, take it into account in practical interaction with these countries, and also comprehend the significance of this phenomenon and the interests of its participants.

❓What is the phenomenon of the countries of the modern Global South?
❓What real influence do these countries have?
❓How can they influence modern international political and economic institutions?
❓What areas of cooperation with these countries are the most promising for Russia?

The participants in the discussion will try to answer these and other questions.

🎙️ Speakers:

🇷🇺 Lydia Kulik, Head of India Studies at Skolkovo School of Management

🇷🇺 Denis Degterev, Head of the Department of Theory and History of International Relations (TIMO) at RUDN University, Professor at the Department of World Economy at MGIMO University

Moderator:

🗣 Timofei Bordachev, Programme Director of the Valdai Discussion Club

https://valdaiclub.com/events/announcements/valdai-club-to-discuss-the-global-south-and-the-world-majority/

Working languages: Russian, English.

ℹ️ Information for the media: In order to get accredited for the event, please fill out the form on our web site. If you have any questions about the event, please call +79269307763. 

Links to the live broadcast of the discussion will be posted on all online platforms of the Valdai Club: on the website, X (formerly Twitter), VK, Telegram and Dzen.

#WiderEurasia #GlobalSouth #WorldMajority

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