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The Duran Podcast
Putin discusses BRICS, payment system, sanctions & Ukraine
Oct 23, 2024
The discussion highlights Putin's remarks from the recent BRICS summit, focusing on the redefinition of global financial systems. It examines how sanctions are pushing BRICS nations to create alternative financial measures and digital currencies. The conversation also navigates Putin's perspective on the ongoing Ukraine conflict and the challenges of future negotiations. Additionally, the impact of international collaboration within BRICS amid geopolitical tensions is explored, shedding light on Russia's strategic priorities. A fascinating blend of finance, diplomacy, and military strategy!
18:36
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Quick takeaways
- Putin emphasized BRICS as a crucial, independent economic bloc that significantly transcends the impact of the Ukraine war.
- The introduction of a new messaging system by BRICS central banks aims to establish financial independence and counteract existing sanctions.
Deep dives
BRICS as a Permanent Entity
The emergence of BRICS is characterized as an inevitable development rather than a consequence of the Ukraine war, emphasizing its organic growth rooted in global economic dynamics. This assertion reflects a belief in the permanence of the BRICS organization, which now accounts for a significant share of global trade and economy, surpassing even the G7 countries. Putin highlighted that this union of diverse economies represents a historic milestone, suggesting that the cooperation among these nations is an ongoing and essential process. The BRICS nations are portrayed as an influential bloc set to shape the future of global governance, independent of transitory geopolitical events.
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