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BRICS Business Forum 2024 cover

BRICS Business Forum 2024

News Educational Documentary

Vladimir Putin addressed the plenary session of the BRICS Business Forum! Time to fix the future of our global economy with gold reserve currencies 👑⚖️ The BRICS group (previously known as BRIC) is an intergovernmental organization consisting of emerging economic powers. Initially formed by Brazil, Russia, India, and China in 2006, the group expanded in 2010 to include South Africa, becoming BRICS. As of 2024, the alliance will further grow with the addition of six new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. BRICS aims to create a balanced influence against established Western economic powers like the G7, focusing on enhancing the economic cooperation and development of its member nations. Together, the BRICS countries represent more than 40% of the global population and cover over a quarter of the world’s land area. With a combined GDP exceeding $20 trillion, BRICS has the potential to reshape the global economic landscape by promoting alternative financial systems and increasing influence in international markets. The group's 2024 expansion is particularly significant, as it broadens BRICS' reach and deepens its involvement in global affairs, positioning the bloc as a strong force in promoting economic cooperation among developing nations. For more information, you can refer to reports like those on WORLD POPULATION REVIEW ps://​ THE SOUTH AFRICAN om/country-rankings/bric-countries) and The South African.

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Why Ethiopia Have to Preparing to Invade Eritrea Next! cover

Why Ethiopia Have to Preparing to Invade Eritrea Next!

History News Educational

Benefits of Ethiopia Negotiating with Eritrea for Access to the Red Sea (Port Access) Negotiating with Eritrea to secure access to the Red Sea ports, such as Assab and Massawa, can offer significant benefits to Ethiopia. Here are the key advantages of negotiation: Economic Growth and Trade: Gaining access to Eritrean ports would provide Ethiopia with a direct route to the Red Sea, boosting trade efficiency and reducing costs. Currently, Ethiopia relies heavily on Djibouti for port access, but securing additional routes through Eritrea would diversify Ethiopia's options and reduce dependency, enhancing trade opportunities with global markets. Strengthening Regional Cooperation: A peaceful agreement with Eritrea would enhance diplomatic and economic ties, fostering regional stability. A cooperative relationship with Eritrea can lead to stronger economic partnerships, including shared infrastructure projects, transportation networks, and regional integration, benefiting both countries. Cost-Effective Solutions: Negotiation offers a peaceful and more cost-effective solution compared to the devastating costs of war, which can damage infrastructure, human lives, and international relations. Diplomatic talks would avoid the financial and human toll of conflict while achieving mutual benefits for both Ethiopia and Eritrea. Ethiopia's Potential Benefits of Invasion (If Negotiation Fails) If Eritrea refuses to negotiate or make an agreement for Ethiopia’s access to the ports, Ethiopia might see potential benefits in a military invasion, though this path carries significant risks. Here are the perceived benefits from such an action: Securing Access to the Red Sea: Invasion could result in Ethiopia regaining access to key coastal territories where the world trade route, particularly the Red Sea ports of Assab and Massawa. This would give Ethiopia, a landlocked country since Eritrea's independence in 1993, a vital maritime outlet, reducing reliance on Djibouti for trade. Economic Independence: By controlling the Red Sea ports, Ethiopia could lower transportation costs for imports and exports, which would boost economic independence and potentially lead to accelerated economic growth. This would also provide Ethiopia with greater leverage in regional trade and transportation. Strategic Control: Controlling access to the Red Sea would give Ethiopia a strategic geopolitical advantage in the Horn of Africa. Maritime access is crucial for trade, military, and political influence in the region, strengthening Ethiopia's regional standing. Risks and Considerations While there may be benefits to an invasion, it is important to recognize that it would carry some risks, including sanctions, loss of life, condemnation, and prolonged instability. Negotiation remains the more sustainable and peaceful route to securing Ethiopia’s and Eritreas long-term interests.

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