News Muncher - searching for western

Amid the recent maelstrom of political news was an important development for the future of technology-enabled public money. Conceived in 2022 as a clearing-house for central-bank digital currencies, mBridge had anchored the BIS’s own work towards a global interbank settlement system to connect CBDCs beyond the control of any single government. It was intermediated private money that exported Western rules …

BRICS summit in Kazan highlights the group's intent to seek alternatives to the prevailing international governance structures. The summit saw the participation of nine countries and Saudi Arabia, with a focus on strengthening economic bonds and addressing bilateral issues. India, as a non-Western member, played a crucial balancing role by supporting the Declaration on Israel in Gaza and backing the …

The BRICS summit in Kazan, Russia, is a non-West initiative that is gaining strength and significance. The summit is a facilitator of fairness and justice for the Global South, and it is open to Western countries. The grouping's goal is to promote fair economic globalization and improve global governance. Some Western politicians have cast BRICS in an anti-West light, but …

UN Secretary General Antonio Guterres's first visit to Russia in more than two years is aimed at showcasing Russia's resilience and defiance against Western isolation. The summit brings together 20 world leaders to discuss BRICS-led international payment and the conflict in the Middle East. Russia and China's relations are expected to be a major topic of discussion, with Xi and …

Prime Minister Narendra Modi is visiting Kazan, Russia for the 16th BRICS summit. The summit is being held as a show of non-Western power's clout amid the ongoing conflict in Ukraine. The summit will focus on issues such as the BRICS-led payment system, the situation in West Asia, and bilateral talks between member countries.