@@ChopperMXgaming That's why China is pushing for multipolarity, same with other Global South nations like India. They know multipolarity is the only way to protect themselves
You don't have to be "anti-western" to recognise that the US has become both financially and politically unstable. Exploring alternatives to US dollar hegemony is something every prudent, forward-looking country, inc western countries, should be undertaking today.
Russia, China, Iran prudent???? Nah, escaping economic sanctions is the purpose for violating the international rule of order which is based on respect of national sovereignty.
Major problems with US is that they use this dollars status as weapon to pin down anyone who didn't agree with their ideals. In business, trust is 2 way street, its extremely uncomfortable to do business with someone who's known to double cross anyone he didn't like.
You'd have to be insane not to notice BRICS is disaster waiting to happen based on the last FIVE HUNDRED years of Russian and Chinese economic political instability
if the usd is no longer the world's reserve currency, it won't be any of these 5 country's currency as well... Even the yen has more reserve held by countries than the rmb lol
Jai Hind. If more and more Global majority countries from the US led Rules based Order join BRICS, those common folks wishing for a Common and Shared prosperity for ALL will find that joining BRICS be an illusion.
@@chaz4609 That will never happen because BRICS will be the ones in control, not he US. The whole point of BRICS alliance was to get away from the US dollar.
This was well done. I criticize CNA when it produces Pro USA/anti China propaganda. At the same time I will praise CNA when it produces balanced analysis. I wrote too soon. Once the discussion went to Indonesia the anti-China rhetoric popped up. Never change CNA.
The West will simply not permit a Communist/Socialist to prosper as that would undermine the assertion that only capitalism can ensure a fulfilling, content and secure future, with health, education and equality being the cornerstones of an ordered and peaceful life. If BRICs succeeds or not, credit must be given credit for trying to unshackle themselves from the legacy of subjugation and disrespect. After all, if it were a peaceful, fair and prosperous, co-operative world, there would be no need for BRICs, it came about for a reason
IF CNA AND SINGAPORE WANT TO REMAIN A U.S VASSAL GREAT, BUT THE REST OF THE WORLD IS SICK AND TIRED OF AMERICAN GLOBAL SANCTIONS AND ENDLESS WARS. EVEN US THE AMERICAN PEOPLE ARE SICK AND TIRED OF OUR FOREVER WARS AT THE EXPENSE OF THE AMERICAN PEOPLE..
I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I started pretty low, though, $5000 thereabouts. The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Alice Louis , you're a miracle.😊
People like Maroof Raza represent the block of those inside of India who hold back Sino-India relations. China was willing to compromise on the border issue more than 50 years ago. Some politicians in India value using anti-China rhetoric to help in the next election rather than look at the greater good a lasting peace would produce for both countries.
@@Unknown-sh8kw1. “it would have not started border dispute when x was suffering from Covid crisis” - 1) China was suffering from Covid crisis earlier than India. 2）At that time China was suffering from the trade war initiated by the United States, and Western countries were attacking China politically. 3）The warships of the United States, Japan, and Australia in the QUAD were demonstrating around China. 4）Shortly before the conflict, the United States and India held a joint military exercise on the Indian border. 2. 1962 war: 1) China was being hostile to the two superpowers, the United States and the Soviet Union. 2) China had just experienced a serious natural disaster. China had a food crisis. -But the Indian media and politicians told you that both conflicts were China taking advantage of others?! - Even though China was in the most difficult moments both times. India accused the "greedy UK colonists" of "being keen on encroaching on other countries' territories" while demanding to inherit the territories that the "greedy UK colonists" privately assigned to their colonies from other countries.
yes, so let's leave it to China and Russia. I am very curious whether you'll like those rules, which as you may notice, reflect Chinese/Russian domestic (and authoritarian) rules and institution mechanisms, as well as UN/WTO/WB rules reflect western (and by the way democratic) institutional mechanisms. I honestly don't get how narrow-minded majority of people around me actually are.
@@MacroRKF set the rules for global majority(80%population) to exploit... Why country don't have right not to sell resources ? 23 Jun 2024 - Indonesia's nickel ore export ban policy received strong protests from the European Union by suing Indonesia through the World Trade Organization (WTO) .
@@MacroRKFTo be honest, China and Russia is bad to, but with the rise of BRICS, countries would have more option to chose with so that the US will stop being so arrogant, basically if the US is unsatisfactory, we can chose to side with the BRICS, and if the BRICS is unsatisfactory, we can chose to side with the G7. Multipolar world all the way
The doc is okay, but the assumption that only one country will head/lead BRICS is immature, thinking by the CNA documentary & the thinking's of these Indonesia speakers. The purpose of BRICS is partnership and no Single country will be a boss/head unlike the West/G7/etc., where USA is a defacto boss/don or master😊 who prescribes and commands all of the western subordinate countries +Japan + SKOREA +Australia 😊
BRICS is trying to encourage countries to trade with their own currency to help the economy of that country survive and thrive, Wow this is music in my ears.
The definition and comparison of BRICS plus is disorganized in the report. Remember, the G7 dominated global economics goods and service trade prior to the 2008 WFC ("Western" Financial Crisis). When the G20 was formed in 2009 with the G7 and new middle income countries including the five BRICS countries, and the EU. It is because, the G7 needed the participation and coordination of the G20 to resolve the Global economics contraction at the time. When BRICS was formed in 2011 (per the report) as an alternative grouping, it is because the five countries could not affect change to the trade mechanism/Institutions within the G20 due to US and EU control, resistance and dominance of the banking function. If the OECD is courting Indonesia to join it instead of BRICS+, then the comparison mean it should be an economic forum (WTO) and not a political forum (i.e. the UNGA). India, China, Russia and Brazil have "bilateral" and domestic geopolitical issues that are separate from the "multilateral" BRICS+ function. BRICS+ primary purposes are to facilitate the Energy, Commodities and Merchandise trade among the five and new members countries Iran, UAE, Egypt, and Ethiopia. Thailand and Malaysia submission of interest, reveal they view it as their "National Interests" to participate in the multilateral forum. The more members to join the less influence and control will be dependent on the larger member countries such as China and India as their weighting reduces. The weaponization of SWIFT and politicization of the US Dollar via US MNC Banks will result in BRICS+ countries avoiding the structural problem of dependent on a centralize common currency. Hence, there will be currencies swap agreements and multiple Reserves at the Central Banks to facilitate the payment of regional/global trade among the member countries. Consequently, the BRICS+ are setting up alternatives to the US dominated and control International Institutions because using economics tools to settle political disputes are ineffective in the long horizon and illegal within International Laws.
I agree with your analysis from an Indonesian point of view . Yes Indonesia policy is mainly a balancing act , Indonesia acting as part of ASEAN , we emphasize neutrality and cooperation that is why we are slowly counter-balance the interest of ASEAN for example joining Trans Pacific Partnership, RCEP, OECD, spearheading economic cooperation with African Countries ( in tandem with China) and yes we will join BRICS+. There are other economic cooperations being spearheaded by ASEAN as well for example with Mercosur countries, GCC countries and Central Asian countries
On May 12, 1996, on the 60 Minutes: "We've heard that a half-a-milion children have died in [Iraq due to sanctions following the 1991 Gulf War]. And that's more children than that died in Hiroshima. And..and... you know...is the price worth it?" Albright: "I think it's a very hard choice, but we think, we think the price is worth it." Still blows my mind how the American govt and vassal can criticize any country while they still have these same people walking around in office to this day.
As a Ugandan youth, a country that was colonized and preyed on for years by the British, I love and support the BRICS+ emblem ❤❤ The world must be an equal play/trade ground for us all.
Indonesia justru di tawarin oleh rusia untuk masuk BRICS. Indonesia masih belum menentukan pilihan.beda dengan Malaysia dan thailand mengajukan diri. Rusia paham Indonesia adalah anggota G 20.indonesia sangat di perhitungkan. Jangan heran Indonesia selalu di tunggu oleh Rusia untuk bergabung jadi anggota bricks. Keren guys
I think the best way to give every participating or member country a chance is by introducing a rotation system, so that every member country can perform within BRICS and have their voice being heard.
Maybe for smaller countries joining BRICS will strengthen their economic position on the global stage. But for big country like Indonesia, joining BRICS or not, don't have significant changes because Indonesia itself is strong enough on the global stage. However, Indonesia is still considering the BRICS offer. But as long as the dedollarization mission is not concrete, Indonesia will not consider BRICS important.
Ah yes Indonesia doesn’t want Brics to be China centered. It sounds like a populist vote winning contradiction. Given that 99 percent of Indonesian economy already owned by China.
Klu saya boleh berpendapat seharusnya pemimpin Indonesia harus berani seperti presiden pertama RI Soekarno dalam hubungan internasional seperti membentuk forum baru , misalnya pembentukan forum baru antara Indonesia dan Rusia, klu china memiliki pemikiran seperti ingin mendominasi maka hal itu akan menjatuhkan negara yang bergabung di forumnya sendiri, bukankah tujuan utamanya adalah untuk menyaingi barat, bukan hanya china yang ingin menyaingi barat alasan forum itu di buat, saya yakin klo Indonesia Rusia membuat forum yang baru maka tujuan itu akan tercapai contohnya saja seperti forum seperti non nlok Indonesia cukup berhasil akan hal itu dan konsisten serta tidak berupaya dominan , dan untuk sebelum melakukan pembentukan forum baru maka Indonesia harus menguatkan ekonomi dalam negeri dengan melakukan terobosan baru yang lebih, maka hal itu akan terjadi maka untuk itu saya berharap Indonesia tidak bergabung dengan forum manapun
Kocak.... Ngapain coba?? Indonesia pengagas G20 dan sebentar lagi menjadi anggota OECD. Indonesia bisa saya katakan tidak akan bergabung dengan BRICS. BRICS menarik, tapi tidak terlalu berdampak pada kemajuan bangsa ini.
@@varenaurigayurioshi4836 indonesia bukan penggagas g20, jadi anggota juga relatif baru jaman sby. BRICS maupun G20 sama saja intinya talk show dan ajang adu gengsi dan soft power. BRICS sempat jd klub bergengsi smp 2014 skrg sih cuma jd organisasi anti barat yg gak ada guna utk jd anggota. anggota2 barunya kebanyakan negara2 minyak dimana dunia sudah mau meninggalkannya. jadi anggota OECD masih 4 tahun lagi, ada kemungkinan indonesia gabung BRICS secara bersamaan utk jaga non blok.
I have written more than a week that Albania and Kosovo should join the BRICS, friend of mine told me that four days ago Albania is in negotiations to join EU. We have waited to long for that now we are looking for other alternatives, the same is with my invention I will not wait for anyone in this world.
@@MohamedDz-o6p To quote China's Ambassador to the USA: "India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border". He was referring to India conquering China through Buddhism
If one looks at the top ten currencies in the world and realizes that only 1 of the Brics members has less than 5% of the market share, then any talk of Brics influence in the financial markets is inconsequential.
Assalamualaikum menurut saya, Indonesia jangan bergabung dengan forum manapun supaya kita Indonesia tidak terjerumus atau terjerat hukum yang berlaku di forum tersebut yang dapat merugikan kita
While i think BRICS will be beneficial to the countries involved economically and politically, I prefer to be realistic and look at statistics. BRICS in 2023 (27.6 trillions), accounts for 26.3% of the world's GDP, while US alone (27.36 trillions) accounts for 25.95% of the world's GDP. G7 (46.3 trillions) accounts for 46% of the world's GDP so BRICS can't really compete directly with G7 (It's call seven of the world's largest advanced economy for a reason). Remember US is top trading partner to many countries including China with China exporting 501.22 billion to US and US exporting 147.81 billions to China. The fact remains, as long as US trade with these countries, they will trade in USD, and not to mention many US allies are wealthy countries that have no intention of moving away from USD. while there have been efforts to move away from the dollar by certain countries for different reasons, BRICS still do not have their own currency and will likely to remain so as agreeing on a common currency means countries giving up on their own monetary policy. An example is Greece, with the loss of monetary policy control such as adjusting interest rate or printing money, Greece cannot devalue its currency to make export cheaper to boost economy nor can Greece inflate away its debt by printing money. US dollar will remain the dominant currency for the foreseeable future follow by Euro.
There is no more turn back, the fault is of the US itself, focused on wars too much, forgot his infraestructure and modernity and it is getting behind by other countries day by day. But thanks for being a great nation. You contributed to the world.
I fully understand the geopolitics at play here, but imagine China and India still in the same block (BRICS) despite their huge differences and even conflict, the two still find ways to manage their differences. Indonesia's thinking that BRICS is being swayed by China is totally a slippery argument. In fact, I would like to see a world that brings all nations to work together for all humanity. Also by bringing more countries into the block, I believe Chinese influence (whatever that is) would grow weaker. Long live BRICS+
Joining bricks will improvement. Brazil will bring south American nation,china and India will encourage Asian nations, Russia, South Africa will have more chances for all in this group will bring more nations , choices, no one lifted their eyebrows when G7 group or G20 got together.
@@Gdftgu ape kena mengena dgn Walaun. Aku undi BN.. Jgn dok taksub sgt la labu. Ko ingat negara lain takde cerdik pandai nak fikir dok kata mrk follow malaysia. 🤦🤦. Aku pun sokong PMX masuk BRICS tapi takde la kata negara lain ikut malaysia masuk BRICS sbb malaysia masuk BRICS.... Berpada2 la sikit
A few countries are going to have accounts in both the BRICS payment processor and the US's SWIFT payment processor so they can buy in dollars if necessary. With the new payment processor, which has 159 countries already signed up, there is no way to process dollars.
As a citizen of the global south, I think that the priority must be the end of grave poverty in the south, there are an abysmal rift between life in Africa and let say in UK, Switzerland or France ; or more interinstegly brics members like China, United Arabe Emirates, Brazil, and others. Africa is still struggling with power shortages, bread shortages, wheat, living with 80 dollars a month, while you have a much higher quality of life elsewhere in the world, when I went to Turkey in 2010, I was surprised by the quality of their transportation, their roads, their bright streets, the quality of life there. So to me , the global south want to lift off the poverty, I dont care if it is the west or brics , if it can at least end famine and poverty, it's good to take
@Rumble2024injungle it is also up to us, africans, to ask oursleves why our countries are so ill managed and in chaotic shapes. In Algeria for instance, housing is so expensive that you may, if you are lucky, get a public subsidize flat (with an abysmal quality) after an average waiting of... 25 years. Don't even dream about buying your house, it is impossible. Cars are impossible to buy, it will request you 10 years of salary to buy a 5 year old car that has circulated 400k. And I don't even talk about the worst part : job crisis, with 70% of young Algerians unemployed and thus having 0 revenues, those who are getting 100$ a month are the privileged ones. I dont talk about water shortages or drug shortages or Internet that is of poor quality. And let's face it, a lot of African countries are poorly managed, and Algeria and Erythrea are I think the worst in Africa. That being sad, if we are intellectually sane, we can ask ourselves why, and how we can change that, china had the same political architecture then Algeria, with a communist party ruling the economy, I still wonder to this day why cuba, Algeria, and others failed in an abject failure, while Vietnam, China, and others succeeded with that same architecture of a communist party overruling the country
G7 meeting for geopolitics. For politicians interest. BRICS meeting for economy. For people interest. When G7 is desperate it means China are doing the right thing. 27 Mar 2023, BRICS now contributes 31.5% of global GDP, while the G7 share falling from nearly 70% in 1989 to current 30%.
@@thetorontorealtor3625 By then, Russia will have a lot more water than America. Water will be the new 'oil' of the world and it will be Russia controlling the tap, not America. The vast Siberia will be the Eden of the world when that happens.
The problem with the idea of BRICS institutions replacing US and European led institutions is that the big players don't trust each other enough to build an alternative. What is the likelihood of India agreeing to manage trade with Iran in Renminbi?
@@fanpulse5439 cause those three countries are the only ones that matter, it's called the Asian Century for a reason. China slowly pushing the Asian countries to its side and away from the US, so exciting
Because all uneducated, zero fp/ps/ir expertise or background, think watching a couple of yt videos from cgtn/rt or reading from state media profiles who cart out an "expert" being paid 6 figures by the government saying a certain pov without citing any sources makes you an expert as opposed to looking at the structural weakness of a group like BRICS and since there aren't a lot of actually smart people boliao enough to challenge your false worldview the comments become an echo chamber where monkey see monkey, BRICS will fail and you will eat your words, underdog kanasai
Indonesia seems reluctant to make a decision and is comfortable with the current situation, relying on and maintaining good relations with the West. This could be a significant mistake as Thailand is moving forward to become a member of BRICS. Don't be surprised if Thailand and BRICS eventually create a "Panama" canal to boost trade, save time, and reduce costs.
3 things that Malaysia can bring to their table.. Tech Supports, Data Center Hub and Halal Industry. I don't know what Thailand will bring but they are well known for agriculture but Brazil is already in that game for BRICS+
Thailand , Vietnam and Indonesia will lead ASEAN in EV , ICE as well as Hybrid Automobiles manufacturing Hub. Agriculture and Agro-industries are as well as Thailand, Vietnam and Indonesia strength.
Malaysia, Vietnam and Singapore for semiconductors while Indonesia is focussing more on heavy industry such as smelters, military equipment, aircraft components and small size/mid size aircrafts, biofuels .
@@azmanabas8425kat Singapore pula banyak orang Israel.... Lagi hebat... Orang Israel dah lama tolong Singapore... Orang Islam Melayu kat Singapore macam okay jer sokong Israel?
Indonesia took a different route , we emphasize on joining first OECD , Trans Pacific Partnership , then BRICS+. It will be very easy for Indonesia to join BRICS+ , but we want to balance our interest between those major powers ( Russia, China, India, Brazil USA, EU, Japan, Australia etc ). We also develop through ASEAN cooperation with Mercosur and GCC countries. Like China , we are also formulating cooperation with African countries ( maybe spearheading for ASEAN to follow suit ) .
Not exactly zero sum game. Dollar decline is evident, and many central banks have been moving their reserves from dollar to gold or other assets. US huge debt issues will lead to super inflation and a faster dollar decline
its anti democratic block propaganda. in SEA it is a trend to cluelessly hate the west without realizing that they are aligning with countries that seeks to snuff out democracies in the east.
First of all it is not BRICS but BRICS+. Secondly, it is in PPP because BRICS+ countries are significantly poorer than G7, in absolute numbers - that really matter much more than PPP - G7 is still by far bigger of course.
In 15 years, what has BRICS actually done for its member countries? Is there a notable change whatsoever? Except for India and China, all other member countries have almost stagnant GDP in the last decade.
Precisely. Other than seeing Russia waging war on Ukraine and China stirring up troubles in South China Sea and Taiwan straits and getting nations into huge debts with the One Belt One Road initiative, what good work have these 2 giants done?
Well yea there is the 3Billion manpower answer for u . There is the trillions in natural resources for you too . There is also the ideology where they don’t have it as complex & “ free “ like you have it in the west . You guys are so free , you even question what is man and woman . Whether half man can compete with full women … haha …
Trading in each countries currency is impossible, Russia refused to take Indian rupee for selling oil to india but take RMB instead because there's not much you can buy from india and other countries won't take large amount of rupee either. It requires a BRICS currency for all member states but it's going to be hard to determine the exchange rate
@@marvinfok65 Of course they did. Iran helped to make it possible for HAMAS to massacre thousands of civilians in Israel on Oct 7th 2023. And HAMAS paid for what they did. So did Hezbollah.
Changes are comming. a generation of enlightened young visio naries are on the rise, with the wisdom courage knowledge and understanding to reshape the current picture and change the narrative..
India's economy is literally smaller than one Chinese province, yet this piece about BRICS refused to get anybody from China commenting and half a dozen commentators from India, I would not be surprised if CNA has a bunch of western funders.
Do not kill animals, do not harm animals, it is strictly forbidden to kill dogs and sell dog meat, do not kill dogs, do not eat dog meat, protect animals, love animals, all things have spirits! Do not give up any opportunity to save lives!! Good deeds will be rewarded!! Evil deeds will be punished!! Do good deeds and accumulate virtues, and blessings will come!!
BRICS build on the same consensus platform as ASEAN, its dialog and communications that solves problems. Such a simple concept yet majority of the people dont understand this.... Once u have open dialog and frequent meetings, than there can be cooperations and greater understanding to solve problems and develop win-win cooperation. Those who think in terms of pure economic benefits etc.. are short-sighted and their view is either black or white. As they say a journey begins with the first step, so the journey of BRICS and its members will be a journey and marathon of human beings meeting, socializing and discussing problems and solutions.
It's hard to trade using other currencies besides the dollar. The dollar still remains a strong currency, and yes, it fluctuates, but it remains stronger than the RMB.
Месяц назад
Nothing is hard.If the oil producing countries stop using the dollar,it will be a big blow to US.
Its remain strong because people still using it... But if people stop using it that would be a different story. BTW.. Trades between countries today are using local currency not just rmb....
@@deranjang9935Please call Washington and tell them you would like to be added to the list of sanctions. They got 30+ countries on there so trust me, your country might not be needed either.... 😂
@@danhtran6401 Washington’s sanctions no longer work. They have imposed the most brutal sanctions against Russia, whose economy is doing well. Look now at the EU economy, or even the US economy, which is unable to pay its own public debt…
BRICS have sought to envision a new form of multilateralism and economic coordination that addresses the global disparity in wealth and development, which has always favored the West. Within the past year, many additional countries have also applied to join the group. In doing so, BRICS is not about a question of “hegemony” or “ideological dominance.” Rather, BRICS is about achieving an equal international environment premised on multipolarity where each state can successfully attain its right to development in conjunction with national sovereignty.
Malaysia 6th largest exporter of tech microchip, after Taiwan, Korea, Japan, China, Netherland. Malaysia is petrol oil and oil palm exporter. Malaysia has EVs car manufacturing supply chains than Vietnam and Thailand.
Indonesia akan ketinggalan kereta klo ngga cerdas untuk segera bergabung dengan BRICS yang bertujuan untuk untuk menjunjung tinggi kesejahteraan, keamanan, dan perdamaian bersama.
Reduction in tarrif and trade barriers is a very good reason to join BRICKS and move away from solely depending on the United States and the EUROPEAN Union for trade
The current US-aligned Marcos administration wouldn't want to join BRICS. But if Duterte were sitting in power right now, he would have requested the Philippines to be a part of BRICS.
Dr Kissinger said, "to be an enemy of US is dangerous but to be a friend of US is fatal" I wish the Philippines well. Filipino are good people but don't fall for sweet talks.
Pilih politik netral BEBAS AKTIF atau BRICS? Pilih satu gak bisa keduanya. Klo pilih BRICS dah gak bisa koar2 bebas aktif lagi!! Klo ada bencana besar paling AS & NATO yg bantu duluan, spt Aceh 2004 & Palu.
@@uCanCMEiCanCubenar sih BRICKS lebih mirip ke Eropean union,atau IMF Kalau menurut pandangan pribadi gpp sih join organisasi ekonomi asalakan bukan militer
bisa tetap bebas aktif dengan jadi anggota BRICS dan OECD, mungkin dlm 3-4 th. bencana besar dibantu AS (tertama 2004) karena kapal perangnya ada dimana2 dan AS (bill clinton) ada salah menolak usul jepang utk bantu indonesia tahun 1998 waktu krisis (alhasil indonesia hancur warga china dibunuh/perkosa, terorisme, perang antar etnis saling penggal kepala, bakar kampung di kalimantan sulawesi dan ambon) , makanya 2 mantan presiden clinton dan bush senior langsung kampanye teman2 amerika utk tolong bantu indonesia.
Usurp? BRICS+ total GDP already surpassed that of G7 and the projection for GDP growth of BRICS countries for 2024 also far above the G7 countries. Please choose the more accurate wording.
Not in the real world. The world has overthrown the dollar in preference for their own currency. The dollar is bad for the world and the rest of the world should become wealthier with the ending of enforced cross border trade in dollars and euros.
If Indonesia doesn't want to join brics now, she will ask to join later. Indonesia will run into the same India/Iran trade problem when US puts sanction on a country that has good trade relationship with Indonesia. China will be a big economic power house but not a military power house. Russia will be a military power house. Malaysia is doing the right thing and smart enough to join the brics. Brics is for trading only not for war and no sanction on trade.
As an Indonesian I don't think we'd join BRICS, there's no benefit at all. And you're very wrong with one thing, Russia won't be a military powerhouse, it's declining in a very fast rate. China could easily surprass Russia military.
Problem with BRICS = they’re all export-heavy nations. Who’s going to do the importing? Trade alliances only work if there’s a healthy amount of two-way trade.
US sacrifices???? US had been feasting on the WORLD since WW2! A genocidal imperialist country which used the 'world order' for its own benefit for decades is enough is enough! Where did US gets all its wealth from? By bombing, coercing, colour revolutions, coups, invasions and keeping all the latin America countries poor! Give me one evidence that the video below is not giving factual cases of US imperialism harming and feasting on the world? ruclips.net/video/ooMCvGlbbc4/видео.html US make 'sacrifices' by exporting inflation, dirty and polluting industries to 3rd world countries? And of course US is the biggest exporter of propaganda like what you did saying that the US sacrifices for the world!
As long as countries like the UAE and India are part of BRICS+, the organization will never be anti-West. BRICS primary objective was to provide a successful altermative platform to the G7 an in that regard it has been successful. The New Development Bank, founded by BRICS, has also been quite the success. Now the goals of BRICS or BRICS+ have to evolve to solve the main problem in the world today which is the Western monopoly of global financial infrastructure. Hopefully, the upcoming summit will address this issue properly.
Actually want support brics but india, brazil is corrupt country how to be trust if they handle. Also russia, india, china are aggressor fascist country how to be trust to get safe. Malaysia & thailand have different with them, i think thailand join EV china the reason. actually its so many complicated brics which indonesia still better thinking about it.
Are you kidding me? China is the world's second largest economy and the world's largest manufacturing country. It has a complete industrial chain. 30% of the world's products are made in China! So China has the most say in the BRICS countries. The trading currency of the BRICS countries is the RMB. Russia has very strong energy exports and a strong military in the BRICS countries. It also has a strong say in the BRICS countries. What does India have?
@@张三-u6o funny how your argument justifies the failure brics. brics i is India. without it, china and russia, will go back to just rogue states who want to dominate and destroy world peace.
Langkah Indonesia sudah tepat tidak bergabung di organisasi manapun alias non block. Apalagi kalau kita tidak bisa memaksimalkan keuntungan gabung dari salah satu hanya jadi pengembira dan korban dari gesekan antar raksasa
I hope BRICS will succeed so that America can no longer bully the world.
Yes, the World will be better if China & Russia bully the World and spead their Systems into every country. No more Democracy or Capitalism.
@@arcencielc2065 Oh yeah, awful Americans bullying everyone into democratic values and human rights
The problem is we need more alternatives. With only Brics, superpower will continues to be 2 big dogs cold war.
@@ChopperMXgaming That's why China is pushing for multipolarity, same with other Global South nations like India. They know multipolarity is the only way to protect themselves
Communist pig
You don't have to be "anti-western" to recognise that the US has become both financially and politically unstable. Exploring alternatives to US dollar hegemony is something every prudent, forward-looking country, inc western countries, should be undertaking today.
Russia, China, Iran prudent????
Nah, escaping economic sanctions is the purpose for violating the international rule of order which is based on respect of national sovereignty.
Only logical that countries will seek for better financial systems. It is anti-dominance and anti-mono polarity
Major problems with US is that they use this dollars status as weapon to pin down anyone who didn't agree with their ideals. In business, trust is 2 way street, its extremely uncomfortable to do business with someone who's known to double cross anyone he didn't like.
You'd have to be insane not to notice BRICS is disaster waiting to happen based on the last FIVE HUNDRED years of Russian and Chinese economic political instability
Incorrect. Today India (biggest population in the world) has decided to only trade in USD.
De-dollarization is definitely the reasonable way to go!!! Go BRICS
So to be replaced by Yuan controlled by the communist financial system.
Petrodollar is gone, the USA will be gone too.
So replace the USD with what?
if the usd is no longer the world's reserve currency, it won't be any of these 5 country's currency as well... Even the yen has more reserve held by countries than the rmb lol
@@oyongski1 Whoever selling the goods, use their currency
Excellent! GO BRICS GO!!!!!!!
Jai Hind. If more and more Global majority countries from the US led Rules based Order join BRICS, those common folks wishing for a Common and Shared prosperity for ALL will find that joining BRICS be an illusion.
@@chaz4609 That will never happen because BRICS will be the ones in control, not he US. The whole point of BRICS alliance was to get away from the US dollar.
Sit down
Blind leading the Blind. Today India said it will only trade in USD. 😂
@@patricksmith1626 I think you better start looking for a better news source.
This was well done. I criticize CNA when it produces Pro USA/anti China propaganda. At the same time I will praise CNA when it produces balanced analysis. I wrote too soon. Once the discussion went to Indonesia the anti-China rhetoric popped up. Never change CNA.
Cry harder
The West will simply not permit a Communist/Socialist to prosper as that would undermine the assertion that only capitalism can ensure a fulfilling, content and secure future, with health, education and equality being the cornerstones of an ordered and peaceful life. If BRICs succeeds or not, credit must be given credit for trying to unshackle themselves from the legacy of subjugation and disrespect. After all, if it were a peaceful, fair and prosperous, co-operative world, there would be no need for BRICs, it came about for a reason
IF CNA AND SINGAPORE WANT TO REMAIN A U.S VASSAL GREAT, BUT THE REST OF THE WORLD IS SICK AND TIRED OF AMERICAN GLOBAL SANCTIONS AND ENDLESS WARS. EVEN US THE AMERICAN PEOPLE ARE SICK AND TIRED OF OUR FOREVER WARS AT THE EXPENSE OF THE AMERICAN PEOPLE..
YOU'RE NOT AN AMERICAN 🇺🇸 DON'T SPEAK FOR US!
Ok noted
Lol
Agree
Not Singapore but definitely CNA!
Greetings from Brasil, great video I learned a lot, I hope the best for BRICS
Terlepas dari blok..negara ASEAN harus berkomitmen bersama untuk perkembangan dan kekuatan ekonomi regionlanya..
I'm favoured only God knows how much I praise Him, $230k every 4weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
Wow that's huge, how do you make that much monthly?
I'm 37 and have been looking for ways to be successful, please how??
It's Ms. Alice Louis doing, she's changed my life.
I started pretty low, though, $5000 thereabouts.
The return came massive. Joey is in school doing well, telling me of new friends he's meeting in school. Thank you Alice Louis , you're a miracle.😊
Long live BRICS nations
ASIA , AFRICA & LATIN SHOULD UNITE TOGETHER WITH BRICS FOR BETTER PEACE AND RESPECTFULL WORLD WITHOUT ANY DOMINAITIONS.
Not gonna surpass US.
@@cowublnot with China though.
@@cowubl How are you being dominated? Stop crying and start living your life.
Losers can not lead!
BRICS is the way to go. We’re sick of the west’s domination.
People like Maroof Raza represent the block of those inside of India who hold back Sino-India relations. China was willing to compromise on the border issue more than 50 years ago. Some politicians in India value using anti-China rhetoric to help in the next election rather than look at the greater good a lasting peace would produce for both countries.
INDIA shld learn humility as it is only one sicth of chinese economy
If China was interested in good relation it would have not started border dispute when India was suffering from Covid crisis
Winnie the pooh is a dictator. Modi isnt much better. India still has high quality people who will regain control.
@@Unknown-sh8kw1. “it would have not started border dispute when x was suffering from Covid crisis” - 1) China was suffering from Covid crisis earlier than India. 2）At that time China was suffering from the trade war initiated by the United States, and Western countries were attacking China politically. 3）The warships of the United States, Japan, and Australia in the QUAD were demonstrating around China. 4）Shortly before the conflict, the United States and India held a joint military exercise on the Indian border.
2. 1962 war:
1) China was being hostile to the two superpowers, the United States and the Soviet Union.
2) China had just experienced a serious natural disaster. China had a food crisis.
-But the Indian media and politicians told you that both conflicts were China taking advantage of others?! - Even though China was in the most difficult moments both times.
India accused the "greedy UK colonists" of "being keen on encroaching on other countries' territories" while demanding to inherit the territories that the "greedy UK colonists" privately assigned to their colonies from other countries.
Indonesia needs to cut down their own corruption before giving their own opinions between Eastern or Western blocks.
G7west20% talk about democracy everyday, but want to continue to set the rules for global majority(80%population)
yes, so let's leave it to China and Russia. I am very curious whether you'll like those rules, which as you may notice, reflect Chinese/Russian domestic (and authoritarian) rules and institution mechanisms, as well as UN/WTO/WB rules reflect western (and by the way democratic) institutional mechanisms. I honestly don't get how narrow-minded majority of people around me actually are.
people with sticks, rocks and houses made of poop don't really have much a say in world policies.
@@MacroRKF set the rules for global majority(80%population) to exploit...
Why country don't have right not to sell resources ?
23 Jun 2024 - Indonesia's nickel ore export ban policy received strong protests from the European Union by suing Indonesia through the World Trade Organization (WTO) .
@@MacroRKF the goal is to create an option of who to align with
@@MacroRKFTo be honest, China and Russia is bad to, but with the rise of BRICS, countries would have more option to chose with so that the US will stop being so arrogant, basically if the US is unsatisfactory, we can chose to side with the BRICS, and if the BRICS is unsatisfactory, we can chose to side with the G7. Multipolar world all the way
The doc is okay, but the assumption that only one country will head/lead BRICS is immature, thinking by the CNA documentary & the thinking's of these Indonesia speakers.
The purpose of BRICS is partnership and no Single country will be a boss/head unlike the West/G7/etc., where USA is a defacto boss/don or master😊 who prescribes and commands all of the western subordinate countries +Japan + SKOREA +Australia 😊
👍 That's the whole point about BRICS, multi-nodal instead of hegemonic like the US rule-based-order.
It's still hegemonic. @GlobalTribal
Singapore need to diversify too. Most trading partners already get onboard
Singapore has close relationship with US and it cannot diversity.
BRICS is trying to encourage countries to trade with their own currency to help the economy of that country survive and thrive, Wow this is music in my ears.
For a "reputable" news source, it took CNA a really long time to do a decent coverage of BRICS.
CNA is just a Singaporean imitation of CNN
Yup, I am surprised that CNA did this as CNA toed the Western media line.
CNA is Pro-US
the island city state is a well known poodle of the west. they take pride in their status
The definition and comparison of BRICS plus is disorganized in the report. Remember, the G7 dominated global economics goods and service trade prior to the 2008 WFC ("Western" Financial Crisis). When the G20 was formed in 2009 with the G7 and new middle income countries including the five BRICS countries, and the EU. It is because, the G7 needed the participation and coordination of the G20 to resolve the Global economics contraction at the time.
When BRICS was formed in 2011 (per the report) as an alternative grouping, it is because the five countries could not affect change to the trade mechanism/Institutions within the G20 due to US and EU control, resistance and dominance of the banking function. If the OECD is courting Indonesia to join it instead of BRICS+, then the comparison mean it should be an economic forum (WTO) and not a political forum (i.e. the UNGA). India, China, Russia and Brazil have "bilateral" and domestic geopolitical issues that are separate from the "multilateral" BRICS+ function.
BRICS+ primary purposes are to facilitate the Energy, Commodities and Merchandise trade among the five and new members countries Iran, UAE, Egypt, and Ethiopia. Thailand and Malaysia submission of interest, reveal they view it as their "National Interests" to participate in the multilateral forum. The more members to join the less influence and control will be dependent on the larger member countries such as China and India as their weighting reduces. The weaponization of SWIFT and politicization of the US Dollar via US MNC Banks will result in BRICS+ countries avoiding the structural problem of dependent on a centralize common currency. Hence, there will be currencies swap agreements and multiple Reserves at the Central Banks to facilitate the payment of regional/global trade among the member countries. Consequently, the BRICS+ are setting up alternatives to the US dominated and control International Institutions because using economics tools to settle political disputes are ineffective in the long horizon and illegal within International Laws.
Are you a bot or just a fan of comunism?
Lack of education and knowledge... @@Oldysrv Is the best example
I agree with your analysis from an Indonesian point of view . Yes Indonesia policy is mainly a balancing act , Indonesia acting as part of ASEAN , we emphasize neutrality and cooperation that is why we are slowly counter-balance the interest of ASEAN for example joining Trans Pacific Partnership, RCEP, OECD, spearheading economic cooperation with African Countries ( in tandem with China) and yes we will join BRICS+. There are other economic cooperations being spearheaded by ASEAN as well for example with Mercosur countries, GCC countries and Central Asian countries
While russia list singapore as one of their unfriendly country due to sanction😂 malaysia and indo made the right move. The future is brics😂
On May 12, 1996, on the 60 Minutes:
"We've heard that a half-a-milion children have died in [Iraq due to sanctions following the 1991 Gulf War]. And that's more children than that died in Hiroshima. And..and... you know...is the price worth it?"
Albright: "I think it's a very hard choice, but we think, we think the price is worth it."
Still blows my mind how the American govt and vassal can criticize any country while they still have these same people walking around in office to this day.
As a Ugandan youth, a country that was colonized and preyed on for years by the British, I love and support the BRICS+ emblem ❤❤
The world must be an equal play/trade ground for us all.
Indonesia justru di tawarin oleh rusia untuk masuk BRICS. Indonesia masih belum menentukan pilihan.beda dengan Malaysia dan thailand mengajukan diri. Rusia paham Indonesia adalah anggota G 20.indonesia sangat di perhitungkan. Jangan heran Indonesia selalu di tunggu oleh Rusia untuk bergabung jadi anggota bricks. Keren guys
I think the best way to give every participating or member country a chance is by introducing a rotation system, so that every member country can perform within BRICS and have their voice being heard.
Maybe for smaller countries joining BRICS will strengthen their economic position on the global stage. But for big country like Indonesia, joining BRICS or not, don't have significant changes because Indonesia itself is strong enough on the global stage.
However, Indonesia is still considering the BRICS offer. But as long as the dedollarization mission is not concrete, Indonesia will not consider BRICS important.
Delusions.
Very interesting 🤔 reportage, thank you!
Ah yes Indonesia doesn’t want Brics to be China centered. It sounds like a populist vote winning contradiction. Given that 99 percent of Indonesian economy already owned by China.
Great stuff ! I wish BRICS much success !
The question is if you can also leave this group.
very easy to follow thank you
About time!
Sovereign countries are sick of being squeezed by the neck. Go Brics!
The world needs a single managed currency, based on an index price of staple commodities, to procure stability of purchasing power.
Klu saya boleh berpendapat seharusnya pemimpin Indonesia harus berani seperti presiden pertama RI Soekarno dalam hubungan internasional seperti membentuk forum baru , misalnya pembentukan forum baru antara Indonesia dan Rusia, klu china memiliki pemikiran seperti ingin mendominasi maka hal itu akan menjatuhkan negara yang bergabung di forumnya sendiri, bukankah tujuan utamanya adalah untuk menyaingi barat, bukan hanya china yang ingin menyaingi barat alasan forum itu di buat, saya yakin klo Indonesia Rusia membuat forum yang baru maka tujuan itu akan tercapai contohnya saja seperti forum seperti non nlok Indonesia cukup berhasil akan hal itu dan konsisten serta tidak berupaya dominan , dan untuk sebelum melakukan pembentukan forum baru maka Indonesia harus menguatkan ekonomi dalam negeri dengan melakukan terobosan baru yang lebih, maka hal itu akan terjadi maka untuk itu saya berharap Indonesia tidak bergabung dengan forum manapun
Mayoritas Rakyat Indonesia sangat setuju gabung BRICS
Itu ga bisa di jaman Raja Jawa Mulyono...
Kocak....
Ngapain coba??
Indonesia pengagas G20 dan sebentar lagi menjadi anggota OECD.
Indonesia bisa saya katakan tidak akan bergabung dengan BRICS.
BRICS menarik, tapi tidak terlalu berdampak pada kemajuan bangsa ini.
Gapaap sih join bricks biar eknominya makin beragam ngak hanya 1,2 pasar bisa lebih banyak lebih baik
@@varenaurigayurioshi4836 indonesia bukan penggagas g20, jadi anggota juga relatif baru jaman sby. BRICS maupun G20 sama saja intinya talk show dan ajang adu gengsi dan soft power.
BRICS sempat jd klub bergengsi smp 2014 skrg sih cuma jd organisasi anti barat yg gak ada guna utk jd anggota. anggota2 barunya kebanyakan negara2 minyak dimana dunia sudah mau meninggalkannya.
jadi anggota OECD masih 4 tahun lagi, ada kemungkinan indonesia gabung BRICS secara bersamaan utk jaga non blok.
Jai Hind. Semoga begitu. Tetapi Indonesia mungkin menunggu satu lagi serangan saperti Soros sebelum mengambil tindakan.
I have written more than a week that Albania and Kosovo should join the BRICS, friend of mine told me that four days ago Albania is in negotiations to join EU. We have waited to long for that now we are looking for other alternatives, the same is with my invention I will not wait for anyone in this world.
The article does not address the fact that the two largest members of BRICS actually have a low intensity war between themselves
هل تقارن الصين العملاقة بالهند الضعيفة
الهند لم تكن يوما دولة تقارن بعملاق الصيني
@@MohamedDz-o6p To quote China's Ambassador to the USA: "India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border". He was referring to India conquering China through Buddhism
If one looks at the top ten currencies in the world and realizes that only 1 of the Brics members has less than 5% of the market share, then any talk of Brics influence in the financial markets is inconsequential.
Why no commentary from China? Is CNA an Indian biased channel?
Assalamualaikum menurut saya, Indonesia jangan bergabung dengan forum manapun supaya kita Indonesia tidak terjerumus atau terjerat hukum yang berlaku di forum tersebut yang dapat merugikan kita
While i think BRICS will be beneficial to the countries involved economically and politically, I prefer to be realistic and look at statistics. BRICS in 2023 (27.6 trillions), accounts for 26.3% of the world's GDP, while US alone (27.36 trillions) accounts for 25.95% of the world's GDP. G7 (46.3 trillions) accounts for 46% of the world's GDP so BRICS can't really compete directly with G7 (It's call seven of the world's largest advanced economy for a reason). Remember US is top trading partner to many countries including China with China exporting 501.22 billion to US and US exporting 147.81 billions to China. The fact remains, as long as US trade with these countries, they will trade in USD, and not to mention many US allies are wealthy countries that have no intention of moving away from USD. while there have been efforts to move away from the dollar by certain countries for different reasons, BRICS still do not have their own currency and will likely to remain so as agreeing on a common currency means countries giving up on their own monetary policy. An example is Greece, with the loss of monetary policy control such as adjusting interest rate or printing money, Greece cannot devalue its currency to make export cheaper to boost economy nor can Greece inflate away its debt by printing money. US dollar will remain the dominant currency for the foreseeable future follow by Euro.
Compare the same statistics for 2018,2023 and 2028 data then you will get the answer
There is no more turn back, the fault is of the US itself, focused on wars too much, forgot his infraestructure and modernity and it is getting behind by other countries day by day. But thanks for being a great nation. You contributed to the world.
Western countries should stop interfering with peaceful trading between other countries
Western countries = US, Canada and Europe only
The beneficial delusion of joining brics is very weird..
I fully understand the geopolitics at play here, but imagine China and India still in the same block (BRICS) despite their huge differences and even conflict, the two still find ways to manage their differences. Indonesia's thinking that BRICS is being swayed by China is totally a slippery argument. In fact, I would like to see a world that brings all nations to work together for all humanity. Also by bringing more countries into the block, I believe Chinese influence (whatever that is) would grow weaker. Long live BRICS+
Joining bricks will improvement. Brazil will bring south American nation,china and India will encourage Asian nations, Russia, South Africa will have more chances for all in this group will bring more nations , choices, no one lifted their eyebrows when G7 group or G20 got together.
Because of Malaysia now every single country want to join brics 🤣🤣🤣
Is there a M in BRICS? Lol. BRICS exist long before Malaysia REQUESTED to join. hahaha
Mengarut la ko... Ko ingat negara lain tak de otak ka nak fikir sendiri
@@azmanabas8425 walaun syiah jeles sebab hadiawang tak cukop jumlohh 🤣
@@tun5556 indon got jealous 😆
@@Gdftgu ape kena mengena dgn Walaun. Aku undi BN.. Jgn dok taksub sgt la labu. Ko ingat negara lain takde cerdik pandai nak fikir dok kata mrk follow malaysia. 🤦🤦. Aku pun sokong PMX masuk BRICS tapi takde la kata negara lain ikut malaysia masuk BRICS sbb malaysia masuk BRICS.... Berpada2 la sikit
24:29 There is a misspelling in UAE and Indonesia's Gross Trade value: you should remove the initial "2".
India said not going for dedollaration. With Modi trip to US, it seems India could be US Trojan horse in BRICS.
A few countries are going to have accounts in both the BRICS payment processor and the US's SWIFT payment processor so they can buy in dollars if necessary. With the new payment processor, which has 159 countries already signed up, there is no way to process dollars.
Exactly
india is America's puppet
India already launched UPI and trying to internationally introduce it
@@DummyUseless-er3dn exactly India is greedy and that is why Brics will fail with india
As a citizen of the global south, I think that the priority must be the end of grave poverty in the south, there are an abysmal rift between life in Africa and let say in UK, Switzerland or France ; or more interinstegly brics members like China, United Arabe Emirates, Brazil, and others.
Africa is still struggling with power shortages, bread shortages, wheat, living with 80 dollars a month, while you have a much higher quality of life elsewhere in the world, when I went to Turkey in 2010, I was surprised by the quality of their transportation, their roads, their bright streets, the quality of life there.
So to me , the global south want to lift off the poverty, I dont care if it is the west or brics , if it can at least end famine and poverty, it's good to take
Then change should be in your society. Not dependent on another country or group like BRICS
And as an American I'm letting you know right now we will go against it all the way to the bitter end of all things.
@@TacticalMayo why s that ?
agree, but inequality is humanity long problem which has existed and not been solved since 100000 years ago
@Rumble2024injungle it is also up to us, africans, to ask oursleves why our countries are so ill managed and in chaotic shapes. In Algeria for instance, housing is so expensive that you may, if you are lucky, get a public subsidize flat (with an abysmal quality) after an average waiting of... 25 years. Don't even dream about buying your house, it is impossible. Cars are impossible to buy, it will request you 10 years of salary to buy a 5 year old car that has circulated 400k. And I don't even talk about the worst part : job crisis, with 70% of young Algerians unemployed and thus having 0 revenues, those who are getting 100$ a month are the privileged ones.
I dont talk about water shortages or drug shortages or Internet that is of poor quality. And let's face it, a lot of African countries are poorly managed, and Algeria and Erythrea are I think the worst in Africa. That being sad, if we are intellectually sane, we can ask ourselves why, and how we can change that, china had the same political architecture then Algeria, with a communist party ruling the economy, I still wonder to this day why cuba, Algeria, and others failed in an abject failure, while Vietnam, China, and others succeeded with that same architecture of a communist party overruling the country
G7 meeting for geopolitics. For politicians interest.
BRICS meeting for economy. For people interest.
When G7 is desperate it means China are doing the right thing.
27 Mar 2023, BRICS now contributes 31.5% of global GDP, while the G7 share falling from nearly 70% in 1989 to current 30%.
I hope you like fallout 4 ☢️
Yea and Northern America has Alaska Greenland and the north west territories. When you run out of water and it’s too hot you’ll be coming here
G7 wants to stay rich but the rest still poor.
BRICS wants everyone to get rich and have a decent life
@@thetorontorealtor3625
By then, Russia will have a lot more water than America. Water will be the new 'oil' of the world and it will be Russia controlling the tap, not America. The vast Siberia will be the Eden of the world when that happens.
The problem with the idea of BRICS institutions replacing US and European led institutions is that the big players don't trust each other enough to build an alternative. What is the likelihood of India agreeing to manage trade with Iran in Renminbi?
U completely missed the point. Go and read the white paper on “unit”
Wonder why there was no input from South Africa or Brazil?
Or russia. This was mainly Indonesia, India, and China, but nothing from anyone really official.
Looks to be propaganda. Nothing gained from this
this is a singorean media, malaysia which wants to join BRICS this year is their closest neighbour.
Because this channel focuses alot/ mostly on Asia, from Singapore
Jai Hind. Best to keep quiet and don't attract the attention of Color revolutionists like those Bangla students and NGOs.
@@fanpulse5439 cause those three countries are the only ones that matter, it's called the Asian Century for a reason. China slowly pushing the Asian countries to its side and away from the US, so exciting
De-dollarization is what America can no longer give weapons to occupiers to invade and to defend themselves.
shocking you look at the comments here all support BRICS ... all support the underdogs !!
Yet the wumao still comes on to the United States social media platform knowing it's illegal in China.
Because all uneducated, zero fp/ps/ir expertise or background, think watching a couple of yt videos from cgtn/rt or reading from state media profiles who cart out an "expert" being paid 6 figures by the government saying a certain pov without citing any sources makes you an expert as opposed to looking at the structural weakness of a group like BRICS and since there aren't a lot of actually smart people boliao enough to challenge your false worldview the comments become an echo chamber where monkey see monkey, BRICS will fail and you will eat your words, underdog kanasai
you are the only one who shocked- trump will win and US downfall will accelerate
@@drju99 "downfall" lmfao where you get your econs degree from, you say now.
Welcome to the reality dude. US is the real underdog
Indonesia seems reluctant to make a decision and is comfortable with the current situation, relying on and maintaining good relations with the West. This could be a significant mistake as Thailand is moving forward to become a member of BRICS. Don't be surprised if Thailand and BRICS eventually create a "Panama" canal to boost trade, save time, and reduce costs.
3 things that Malaysia can bring to their table.. Tech Supports, Data Center Hub and Halal Industry. I don't know what Thailand will bring but they are well known for agriculture but Brazil is already in that game for BRICS+
well, Thailand currently having the 3rd biggest halal industry in south east Asia after Malaysia and Indonesia.
Thanks to the Chinese Malaysia. The Malays are known to be lazy and backwards.
But don't our Tech and Data Centre come from the UK and USA? If we joined BRICS, they can sanctions us, right?
Thailand , Vietnam and Indonesia will lead ASEAN in EV , ICE as well as Hybrid Automobiles manufacturing Hub. Agriculture and Agro-industries are as well as Thailand, Vietnam and Indonesia strength.
Malaysia, Vietnam and Singapore for semiconductors while Indonesia is focussing more on heavy industry such as smelters, military equipment, aircraft components and small size/mid size aircrafts, biofuels
.
congrats. a future plan that can be accounted for. thanks cna for the comprehensive report.
Malaysia bijak. BRICS dan OECD, keduanya Malaysia nak join. tengok Turkey dia nak join BRICS. dia juga anggota OECD
Israel juga sdh anggota oecd
@@azmanabas8425kat Singapore pula banyak orang Israel.... Lagi hebat... Orang Israel dah lama tolong Singapore... Orang Islam Melayu kat Singapore macam okay jer sokong Israel?
Indonesia took a different route , we emphasize on joining first OECD , Trans Pacific Partnership , then BRICS+. It will be very easy for Indonesia to join BRICS+ , but we want to balance our interest between those major powers ( Russia, China, India, Brazil USA, EU, Japan, Australia etc ). We also develop through ASEAN cooperation with Mercosur and GCC countries. Like China , we are also formulating cooperation with African countries ( maybe spearheading for ASEAN to follow suit ) .
Central Asia - Russia - ASEAN - Turkey is another of economic cooperation route.
i think joining the two block is a wiser choice you have more options available and not be dominated by one power
BRICS Is Very Good.👍
The world is awakening!
I’m not sure when finding an alternative option is suddenly trying to take down the dollar. It really is a zero sum game for some mindsets
Not exactly zero sum game. Dollar decline is evident, and many central banks have been moving their reserves from dollar to gold or other assets. US huge debt issues will lead to super inflation and a faster dollar decline
It is a good choice absolutely
China has to play it wise and not let their fast developments on every level take the upper hand to not chase away possible interested countries.
BRICS today accounts for 37% of the world's GDP in purchasing power term as compared to just 30% for G7 countries
its anti democratic block propaganda.
in SEA it is a trend to cluelessly hate the west without realizing that they are aligning with countries that seeks to snuff out democracies in the east.
nope.. lol
@@TToTToTTcope harder 😂
First of all it is not BRICS but BRICS+. Secondly, it is in PPP because BRICS+ countries are significantly poorer than G7, in absolute numbers - that really matter much more than PPP - G7 is still by far bigger of course.
@@mrizaldi7199 its ok, ill rather stay educated 😘
Being economically dominated by China is better than being militarily dominated by the US. Think long and hard about this, Indonesia.
In 15 years, what has BRICS actually done for its member countries? Is there a notable change whatsoever? Except for India and China, all other member countries have almost stagnant GDP in the last decade.
Precisely. Other than seeing Russia waging war on Ukraine and China stirring up troubles in South China Sea and Taiwan straits and getting nations into huge debts with the One Belt One Road initiative, what good work have these 2 giants done?
Well yea there is the 3Billion manpower answer for u . There is the trillions in natural resources for you too . There is also the ideology where they don’t have it as complex & “ free “ like you have it in the west . You guys are so free , you even question what is man and woman . Whether half man can compete with full women … haha …
27 Mar 2023, BRICS now contributes 31.5% of global GDP, while the G7 share falling from nearly 70% in 1989 to current 30%.
They know their potential and were working on it.
Infrastructure takes time to build and then it takes time for businesses to catch up and take advantage of said infrastructure.
more power to BRICKS member
BRICS🇨🇳❤️
Trading in each countries currency is impossible, Russia refused to take Indian rupee for selling oil to india but take RMB instead because there's not much you can buy from india and other countries won't take large amount of rupee either. It requires a BRICS currency for all member states but it's going to be hard to determine the exchange rate
BRICS is the new Axis powers, the latter didn't last that long.
New Axis? But they didn't commit a GENOCIDE in Gaza.
@@marvinfok65 Of course they did. Iran helped to make it possible for HAMAS to massacre thousands of civilians in Israel on Oct 7th 2023. And HAMAS paid for what they did. So did Hezbollah.
Changes are comming. a generation of enlightened young visio naries are on the rise, with the wisdom courage knowledge and understanding to reshape the current picture and change the narrative..
nope.
next question.
India's economy is literally smaller than one Chinese province, yet this piece about BRICS refused to get anybody from China commenting and half a dozen commentators from India, I would not be surprised if CNA has a bunch of western funders.
*GO GO BRICS*
Do not kill animals, do not harm animals, it is strictly forbidden to kill dogs and sell dog meat, do not kill dogs, do not eat dog meat, protect animals, love animals, all things have spirits! Do not give up any opportunity to save lives!! Good deeds will be rewarded!! Evil deeds will be punished!! Do good deeds and accumulate virtues, and blessings will come!!
Now China more advances from western. From High speed train to drone delivery.
BRICS build on the same consensus platform as ASEAN, its dialog and communications that solves problems. Such a simple concept yet majority of the people dont understand this.... Once u have open dialog and frequent meetings, than there can be cooperations and greater understanding to solve problems and develop win-win cooperation. Those who think in terms of pure economic benefits etc.. are short-sighted and their view is either black or white.
As they say a journey begins with the first step, so the journey of BRICS and its members will be a journey and marathon of human beings meeting, socializing and discussing problems and solutions.
Precisely, very well stated.
It's hard to trade using other currencies besides the dollar. The dollar still remains a strong currency, and yes, it fluctuates, but it remains stronger than the RMB.
Nothing is hard.If the oil producing countries stop using the dollar,it will be a big blow to US.
Its remain strong because people still using it... But if people stop using it that would be a different story. BTW.. Trades between countries today are using local currency not just rmb....
@@deranjang9935Please call Washington and tell them you would like to be added to the list of sanctions. They got 30+ countries on there so trust me, your country might not be needed either.... 😂
@@danhtran6401 Washington’s sanctions no longer work. They have imposed the most brutal sanctions against Russia, whose economy is doing well. Look now at the EU economy, or even the US economy, which is unable to pay its own public debt…
BRICS have sought to envision a new form of multilateralism and economic coordination that addresses the global disparity in wealth and development, which has always favored the West. Within the past year, many additional countries have also applied to join the group.
In doing so, BRICS is not about a question of “hegemony” or “ideological dominance.” Rather, BRICS is about achieving an equal international environment premised on multipolarity where each state can successfully attain its right to development in conjunction with national sovereignty.
Malaysia 6th largest exporter of tech microchip, after Taiwan, Korea, Japan, China, Netherland. Malaysia is petrol oil and oil palm exporter. Malaysia has EVs car manufacturing supply chains than Vietnam and Thailand.
ASIA , AFRICA & LATIN SHOULD UNITE TOGETHER WITH BRICS.
BRICS is growing so fast that soon they have to rename it to CINDER BLOCKS.
Jai Hind. My guess is that there will be soon no need for BRICS. BRICS+ will become redundant when the Multipolar World Order becomes the New Normal.
Indonesia akan ketinggalan kereta klo ngga cerdas untuk segera bergabung dengan BRICS yang bertujuan untuk untuk menjunjung tinggi kesejahteraan, keamanan, dan perdamaian bersama.
PMX👍🇲🇾PM
Reduction in tarrif and trade barriers is a very good reason to join BRICKS and move away from solely depending on the United States and the EUROPEAN Union for trade
BRICS? No thanks, from the Philippines.
The current US-aligned Marcos administration wouldn't want to join BRICS. But if Duterte were sitting in power right now, he would have requested the Philippines to be a part of BRICS.
Stay poor and left behind then, pinay loser
Dr Kissinger said, "to be an enemy of US is dangerous but to be a friend of US is fatal"
I wish the Philippines well. Filipino are good people but don't fall for sweet talks.
It's okay to become US lapdog.
inviting the US military bases and weapons and to be the next Ukraine, such a good idea.
That is how it works
Yahweh stands with you
🙏🙏🙏
Pilih politik netral BEBAS AKTIF atau BRICS? Pilih satu gak bisa keduanya. Klo pilih BRICS dah gak bisa koar2 bebas aktif lagi!! Klo ada bencana besar paling AS & NATO yg bantu duluan, spt Aceh 2004 & Palu.
You're living on another planet if you think US or NATO cares about anyone except for their own elites. Delusional.
Emang dlm dunia hanya mrk yg dtg membantu? lagian BRICS bkn aliansi militer ngapain pada ribut
@@uCanCMEiCanCubenar sih BRICKS lebih mirip ke Eropean union,atau IMF
Kalau menurut pandangan pribadi gpp sih join organisasi ekonomi asalakan bukan militer
bisa tetap bebas aktif dengan jadi anggota BRICS dan OECD, mungkin dlm 3-4 th.
bencana besar dibantu AS (tertama 2004) karena kapal perangnya ada dimana2 dan AS (bill clinton) ada salah menolak usul jepang utk bantu indonesia tahun 1998 waktu krisis (alhasil indonesia hancur warga china dibunuh/perkosa, terorisme, perang antar etnis saling penggal kepala, bakar kampung di kalimantan sulawesi dan ambon) , makanya 2 mantan presiden clinton dan bush senior langsung kampanye teman2 amerika utk tolong bantu indonesia.
Omong kosong 😂😂😂😂 sejak kapan kita krisis di bantu Amerika😂😂😂😂
@@Rumble2024injungle
Bless you
🙏🙏🙏
Usurp? BRICS+ total GDP already surpassed that of G7 and the projection for GDP growth of BRICS countries for 2024 also far above the G7 countries. Please choose the more accurate wording.
It's CNA,it's SG PAPgovernment+US front unofficial spoken organisation😂
你是怎么计算的，金砖国家的gdp远低于g7
@@子产-u5k A quick google will give you the statistics
@@nicogun7177 金砖十囯2023gdp总量 30.58万亿美无，g7为46.29万亿美元，你看到的数据不一样？
Interesting usage of the word "Usurp"...
The choice of words has subliminal "pro motional" purpose. Dis gust ing.
China 🇨🇳 is promoting Chinese currency within BRICS. The more it does, the deeper the yuan (pronounced "junk") sinks compared to the USD.
Not in the real world. The world has overthrown the dollar in preference for their own currency. The dollar is bad for the world and the rest of the world should become wealthier with the ending of enforced cross border trade in dollars and euros.
Ouch, China touched a nerve there
You can purchase Chinese manufactured products with Yuan, or you can buy the US treasury bond with Dollar.
@@sigyul2283 china sucks
If Indonesia doesn't want to join brics now, she will ask to join later. Indonesia will run into the same India/Iran trade problem when US puts sanction on a country that has good trade relationship with Indonesia. China will be a big economic power house but not a military power house. Russia will be a military power house. Malaysia is doing the right thing and smart enough to join the brics. Brics is for trading only not for war and no sanction on trade.
Lol, Russia can't even defeat Ukraine.
@@davidivory3234
No, Russia cannot defeat Ukraine. It only GAINED 50K km² of land.
As an Indonesian I don't think we'd join BRICS, there's no benefit at all.
And you're very wrong with one thing, Russia won't be a military powerhouse, it's declining in a very fast rate. China could easily surprass Russia military.
@@davidivory3234Can't even defeat Vietnam 😏
Problem with BRICS = they’re all export-heavy nations. Who’s going to do the importing? Trade alliances only work if there’s a healthy amount of two-way trade.
Nice talking about US "domination". Nobody talks about contribution & sacrifices that US made since WW2 to keep the world order
US sacrifices???? US had been feasting on the WORLD since WW2! A genocidal imperialist country which used the 'world order' for its own benefit for decades is enough is enough!
Where did US gets all its wealth from? By bombing, coercing, colour revolutions, coups, invasions and keeping all the latin America countries poor!
Give me one evidence that the video below is not giving factual cases of US imperialism harming and feasting on the world?
ruclips.net/video/ooMCvGlbbc4/видео.html
US make 'sacrifices' by exporting inflation, dirty and polluting industries to 3rd world countries? And of course US is the biggest exporter of propaganda like what you did saying that the US sacrifices for the world!
As long as countries like the UAE and India are part of BRICS+, the organization will never be anti-West. BRICS primary objective was to provide a successful altermative platform to the G7 an in that regard it has been successful. The New Development Bank, founded by BRICS, has also been quite the success. Now the goals of BRICS or BRICS+ have to evolve to solve the main problem in the world today which is the Western monopoly of global financial infrastructure. Hopefully, the upcoming summit will address this issue properly.
Actually want support brics but india, brazil is corrupt country how to be trust if they handle. Also russia, india, china are aggressor fascist country how to be trust to get safe. Malaysia & thailand have different with them, i think thailand join EV china the reason. actually its so many complicated brics which indonesia still better thinking about it.
Without cement to unify bricks, no structure can hope to be built, let alone stand.
Joining BRICS to boost the economy is delusional.
- With the exception of India 🇮🇳, none of the BRICS countries has been doing well economically.
At least they are better than US
Pajeeeeeeet
You haven’t been well educated and well informed
Are you kidding me? China is the world's second largest economy and the world's largest manufacturing country. It has a complete industrial chain. 30% of the world's products are made in China! So China has the most say in the BRICS countries. The trading currency of the BRICS countries is the RMB. Russia has very strong energy exports and a strong military in the BRICS countries. It also has a strong say in the BRICS countries. What does India have?
@@张三-u6o funny how your argument justifies the failure brics. brics i is India. without it, china and russia, will go back to just rogue states who want to dominate and destroy world peace.
Langkah Indonesia sudah tepat tidak bergabung di organisasi manapun alias non block. Apalagi kalau kita tidak bisa memaksimalkan keuntungan gabung dari salah satu hanya jadi pengembira dan korban dari gesekan antar raksasa