dev.ebrics.com
  • Home
  • BRICS NewsTrending
  • General News
    Trump Appoints Paul Atkins to Lead SEC, Marking a Pro-Crypto Shift

    Crypto Advocate Paul Atkins Chosen as SEC Chair by Trump Donald

    David Sacks Named Trump’s Crypto Czar

    David Sacks Named Trump’s Crypto Czar to Lead AI and Blockchain Innovation

    China and Russia's Growing Global Partnership in 2024_

    China and Russia Strengthen Global Influence in 2024

    Trump Warns BRICS No Currency Can Replace the US Dollar_

    Trump Warns BRICS: “No Currency Can Replace the US Dollar”

    Egypt and Russia Strengthen Cooperation_11zon

    Egypt and Russia Strengthen Cooperation on El-Dabaa Nuclear Power Plant at BRICS Summit

    Putin Plans First Visit to India Since Ukraine Invasion_

    Putin Plans First Visit to India Since Ukraine Invasion

    MicroStrategy's Market Cap Poised to Surpass Intel Amid Bitcoin Surge_

    MicroStrategy’s Market Cap Poised to Surpass Intel Amid Bitcoin Surge

    Donald Trump’s Strategy to Fracture BRICS and Preserve US Dollar Dominance (1)

    Donald Trump’s Strategy to Fracture BRICS and Preserve US Dollar Dominance

    Venezuela Criticizes Brazil_

    Venezuela Criticizes Brazil Over BRICS Exclusion Amid New Admissions

  • Finance News
    Crypto.com and Mastercard Partner

    Crypto.com and Mastercard Partner to Expand Digital Payments in the GCC

    Who-Will-Lead-the-SEC-in-2025_11zon-scaled

    Who Will Lead the SEC in 2025? Speculation Grows After Gensler’s Exit

    The 10 Fintech Companies to Watch in 2025

    The 10 Fintech Companies to Watch in 2025

    G20 Leaders Commit to Reforming the International Financial System_

    G20 Leaders Commit to Reforming the International Financial System

    Payhawk Partners with J.P. Morgan Payments

    Payhawk Partners with J.P. Morgan Payments to Enhance Global Payment

    The Future of Payments Revolutionizing Fintech with Seamless Solutions_

    The Future of Payments: Revolutionizing Fintech with Seamless Solutions

    Retail Investors Favor Dogecoin Over Bitcoin, New Poll Reveals_

    Retail Investors Favor Dogecoin Over Bitcoin, New Poll Reveals

    BRICS Shifts Focus De-Dollarization Faces Setbacks

    BRICS Shifts Focus: De-Dollarization Faces Setbacks

    BRICS In Focus How Trump Plans to Shift Global Power_11zon

    BRICS In Focus: How Trump Plans to Shift Global Power

  • Home
  • BRICS NewsTrending
  • General News
    Trump Appoints Paul Atkins to Lead SEC, Marking a Pro-Crypto Shift

    Crypto Advocate Paul Atkins Chosen as SEC Chair by Trump Donald

    David Sacks Named Trump’s Crypto Czar

    David Sacks Named Trump’s Crypto Czar to Lead AI and Blockchain Innovation

    China and Russia's Growing Global Partnership in 2024_

    China and Russia Strengthen Global Influence in 2024

    Trump Warns BRICS No Currency Can Replace the US Dollar_

    Trump Warns BRICS: “No Currency Can Replace the US Dollar”

    Egypt and Russia Strengthen Cooperation_11zon

    Egypt and Russia Strengthen Cooperation on El-Dabaa Nuclear Power Plant at BRICS Summit

    Putin Plans First Visit to India Since Ukraine Invasion_

    Putin Plans First Visit to India Since Ukraine Invasion

    MicroStrategy's Market Cap Poised to Surpass Intel Amid Bitcoin Surge_

    MicroStrategy’s Market Cap Poised to Surpass Intel Amid Bitcoin Surge

    Donald Trump’s Strategy to Fracture BRICS and Preserve US Dollar Dominance (1)

    Donald Trump’s Strategy to Fracture BRICS and Preserve US Dollar Dominance

    Venezuela Criticizes Brazil_

    Venezuela Criticizes Brazil Over BRICS Exclusion Amid New Admissions

  • Finance News
    Crypto.com and Mastercard Partner

    Crypto.com and Mastercard Partner to Expand Digital Payments in the GCC

    Who-Will-Lead-the-SEC-in-2025_11zon-scaled

    Who Will Lead the SEC in 2025? Speculation Grows After Gensler’s Exit

    The 10 Fintech Companies to Watch in 2025

    The 10 Fintech Companies to Watch in 2025

    G20 Leaders Commit to Reforming the International Financial System_

    G20 Leaders Commit to Reforming the International Financial System

    Payhawk Partners with J.P. Morgan Payments

    Payhawk Partners with J.P. Morgan Payments to Enhance Global Payment

    The Future of Payments Revolutionizing Fintech with Seamless Solutions_

    The Future of Payments: Revolutionizing Fintech with Seamless Solutions

    Retail Investors Favor Dogecoin Over Bitcoin, New Poll Reveals_

    Retail Investors Favor Dogecoin Over Bitcoin, New Poll Reveals

    BRICS Shifts Focus De-Dollarization Faces Setbacks

    BRICS Shifts Focus: De-Dollarization Faces Setbacks

    BRICS In Focus How Trump Plans to Shift Global Power_11zon

    BRICS In Focus: How Trump Plans to Shift Global Power

Ebrics
No Result
View All Result
BRICS An Alternative Economic Network_11zon

BRICS: An Alternative Economic Network to Challenge Western Dominance

eBrics by eBrics
7 months ago
in BRICS News
Reading Time: 2 mins read
Share on Twitter

Dr. Haitham Omran, a political science and international law lecturer at Suez University in Egypt, asserts that cooperation among BRICS nations can serve as a catalyst for establishing a multipolar world. This shift has the potential to accelerate economic growth within the bloc and create new partnerships for Africa.

Unique Approach to Africa

Dr. Omran highlights the distinctive approach that BRICS countries, particularly Russia, take toward Africa. He contrasts Russia’s unconditional aid and investment policies with the conditional approaches often seen from Western nations.

“Russia, for example, provides aid and investment without imposing human rights or governance conditions, making it a preferred partner for many African countries that feel pressured by Western demands,” Dr. Omran explained in an interview with Sputnik Africa. He emphasized that Russia’s historical lack of colonialism in Africa enhances its attractiveness as a partner for many African nations.

“In contrast, Western countries are often viewed as symbols of domination over African states, and the legacy of colonialism still resonates in the African mindset regarding Western-African relations,” he added.

Stability in Conflict Areas

Dr. Omran believes that BRICS can also contribute to stability in regions affected by conflict, further enhancing its appeal to African nations. He noted that Egypt’s participation in the BRICS summit for the first time reflects a broader trend of African nations expressing a willingness to join the bloc.

A Shift in Global Dynamics

Speaking on the growing global rejection of the current international order, Dr. Omran stated, “Countries around the world are increasingly starting to reject the existence of a single international power or entities that control their destinies politically and economically.” He pointed out that many nations no longer view the existing international system as effective, citing its failure to adequately address numerous political, economic, and military crises.

As BRICS continues to expand and develop partnerships, it may pave the way for a more balanced global economic landscape, offering alternatives that could significantly reshape international relations and economic cooperation.

Tags: BRICS summiteconomic cooperation
Previous Post

Russia’s BRICS Carbon Market: Boosting Climate and Economic Growth in Africa

Next Post

Bank of England May Move to Launch CBDC if Tokenized Deposits Stagnate

eBrics

eBrics

At Ebrics, we provide the latest news on finance, banking, and digital assets, along with general world updates. As a trusted source, our goal is to keep you informed and engaged with important news and insights.

Next Post
Bank of England May Move to Launch CBDC_11zon

Bank of England May Move to Launch CBDC if Tokenized Deposits Stagnate

  • Ebrics
  • Privacy Policy
  • Terms and Conditions

© Copyright 2024 Ebrics Limited All Rights Reserved.

No Result
View All Result
  • Home
  • BRICS News
  • General News
  • Finance News

© Copyright 2024 Ebrics Limited All Rights Reserved.