Piran, 24.10.2022
Bali Summit 15–16 November 2022 
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Indonesia’s G20 Presidency has set three priority issues of Global Health Architecture, Digital Economy Transformation, and Energy Transition as a comprehensive exit strategy to support global recovery. G20 Indonesia will seize this momentum to establish sustainable and inclusive development while exploring new avenues to shape a more adaptive G20 against future crises…
In anticipation of the G20 meeting in Bali, the war in Ukraine is gaining momentum and the EU is slowly realising the consequences of its “friendship” with the US. America is reviewing its alliances and trying to persuade wavering partners to support its vision of the world. The results and reactions are not encouraging… REALTIME ECONOMIC ISSUES WATCH – Russia’s war on Ukraine: A sanctions timeline
Responses on the other side are increasingly in the direction of multilateralism and joint cooperation…
18. jul. 2022 – BRICS Expansion: Five New Members in 2023? – Following Russia’s announcement of Iran & Argentina’s BRICS membership bids, the alliance president reveals that Saudi Arabia, Turkey and Egypt have the same plans. 
23. sep. 2022 – BRICS foreign ministers held their annual meeting on the margins of the 77th session of the United Nations General Assembly in New York, where the ministers said that they are looking forward to the Standalone Meeting of BRICS Ministers of Foreign Affairs and International Relations in South Africa in 2023
23. okt. 2022 – How Saudi Arabia & Russia Are Collapsing The US Economy? | No Petrodollar Deal & De-dollarization! – Why is Saudi’s distancing with the US significant enough to completely dent the US petrodollar? The Organization of Petroleum Exporting Countries and its allies, including Russia, decided on October 5th, 2022, to reduce oil production by 2 million barrels per day. The world’s economies, particularly those of the US, UK, and India, might suffer greatly from this large amount of oil, which makes about 2% of the global oil supply. Now that both the US and the UK are on the verge of recession, this oil price increase might make things much worse for them! Because of this, the NOPEC law is being passed in the US as retaliation! and the UK government is implementing a Price limit plan!! Consequently, Russia, A ‘strong BRICS’ is all set to annihilate the hegemony of the Petrodollar; BRICS is the powerful association of five major emerging economies namely Brazil, Russia, India, China, and South Africa; The group represents 41 percent of the global population, 24 percent of the global GDP, and around 16 percent of the global trade; All the member nations have been holding annual meetings since its formation in 2009; This year the 14th annual meeting of BRICS nations was held virtually in China;
24. okt. 2022 – Recently, European countries have been discussing the relationship between the United States and Europe, targeting the United States. To the United States “harvest” of the European economy behavior can not stand, to Germany and France as the main representative of the European countries and the European Union organizations began to unabashedly express their dissatisfaction with the United States, have begun to “denounce” the United States, which is also considered to be Europe in accepting the relentless reality of the lesson This is also considered to be a profound reflection of Europe after receiving the lesson of relentless reality, and Europe needs to make a choice.
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