🌍 As never before in more than five centuries, Western hegemony is being challenged on economic, spiritual, military, social and technological levels simultaneously by the global majority.

The Western world’s development model is based on a parasitic approach to all resources (human, financial, raw materials, etc..), and is incapable of adapting to embrace a symbiotic approach in which all parties have to trade off (‘you give me some, I give you some’, instead of ‘I take everything and give you crumbs’). 

As a result, the West faces an existential threat: preserve its current hegemony at all costs or be forced to become “regular” countries that must trade with the rest of humanity on a more equitable basis.

Just like 1917, 1945 and 1991, 2022 was a defining moment in human history. However, unlike the previous century, when the socialist/communist ideology grew as an alternative to Western domination, expanded and then collapsed, the geopolitical storm of the third decade of the 21st century challenges Western hegemony at its core, writes Ibrahima Diagne.

https://valdaiclub.com/a/highlights/bridging-africa-and-the-world-the-rebirth/

📍 This is the first part of his reflections on the emerging multipolarity and Africa’s role in this process.

#GlobalAlternatives #Africa #multipolarity

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⚓️ The Council of the Baltic Sea States (CBSS) is an international regional organisation which was created on a wave of romantic fascination with the end of the Cold War. It has gone through several stages of searching for a programmatic and organisational identity.

A wonderful chance to decisively address truly common problems on the scale of the entire region at the intergovernmental level was not realized: the collective search for areas of collective efforts was unsuccessful - it was not clear whether the CBSS would evolve into a regional OSCE (human rights, democratic institutions and procedures, security), or a regional UNESCO (cultural heritage and education), or some other hybrid version of the existing forums, councils and initiatives, writes Igor Zhukovsky.

https://valdaiclub.com/a/highlights/council-of-the-baltic-sea-states/

#Multipolarity_and_Connectivity #BalticSea

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⛔️ On July 22, Hungary, already holding the EU presidency, together with the other 26 member states of the bloc, unanimously extended the sectoral sanctions against Russia until January 31, 2025,  and also supported all other decisions of the EU Council on sanctions against Russia. 

But if Trump wins the election and after his inauguration cancels Biden’s Order 14024, Hungary may quite openly follow the same path and vote against another extension of one of the anti-Russian sanctions packages.

Sergey Glandin addresses the issue of legal tools for lifting or easing anti-Russian sanctions available to the US President and Viktor Orban, who will chair the European Council until the end of 2024.

https://valdaiclub.com/a/highlights/if-trump-returns-to-the-white-house/

#Multipolarity_and_Connectivity #sanctions

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📆 ANNOUNCEMENT: On October 18 at 11:00 a.m. Moscow time, the Valdai Club will host a presentation of the new report “BRICS+ Energy: A Mover for the New World Order” on the eve of the BRICS summit in Kazan, Russia. 

At the meeting in Nizhny Novgorod as part of the current Russian chairmanship, the BRICS foreign ministers agreed to develop mutual energy cooperation. In a joint statement, they emphasised that universal access to energy resources is the most important foundation for economic development, social stability, national security and the well-being of all countries.

❓How will joining the community of Middle Eastern powers change the balance of power in the energy market?
❓What are the prospects for BRICS consolidation in energy?
❓What role will the energy agenda play at the upcoming summit in Kazan?

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

🎙️ Speakers:

🇷🇺 Alexey Grivach, Deputy Director General for Gas Problems of the National Energy Security Fund (NESF) (author of the report)

🇮🇳 Nivedita Das Kundu, Professor, Faculty of International Relations, Uzbekistan State University of World Languages  

Moderator:

🗣 Ivan Timofeev, Programme Director of the Valdai Discussion Club

https://valdaiclub.com/events/announcements/valdai-club-to-present-a-report-brics-energy-a-mover-for-the-new-world-order/

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. 

#Multipolarity_and_Connectivity #BRICS #energy

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🔋 Even in the original five-country format, BRICS looked like a formidable energy conglomerate.

It included the world’s largest hydrocarbons exporter (Russia) and the largest consumer of energy resources (China). After the expansion on January 1, 2024, the group emerged as a real energy giant.

With the addition of the three hydrocarbon powers, BRICS now holds about 40 percent of the world’s proven oil reserves and more than 50 percent of gas reserves. On the demand end, the group accounts for 47 percent of the planet’s primary energy consumption, almost 50 percent above that of the G7 countries (including the European Union).

It is a hard fact that the centre of energy consumption is shifting from the developed countries, united under the G7 brand, to the so-called ‘emerging markets.’ But the scale of that transformation over the last thirty years has been truly monumental, writes Alexey Grivach, the author of a new #valdai_report “BRICS+ Energy: A Mover for the New World Order”.

https://valdaiclub.com/a/reports/brics-energy-a-mover-for-the-new-world-order/

⏰ The presentation of the report will take place today at 11:00 a.m. Moscow time. Watch the live broadcast on our website.

📑 Report “BRICS+ Energy: A Mover for the New World Order” in PDF

#Multipolarity_and_Connectivity #BRICS #energy

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