eyesonmalaysia Amsterdam, September 25th, 2024 – As Malaysia prepares to attend the BRICS Summit in Kazan from October 22-24, 2024, the nation stands on the brink of a transformative journey. Prime Minister Anwar Ibrahim’s acceptance of Russia’s invitation marks a significant step towards Malaysia’s potential membership in this influential bloc1. This participation promises to open…
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eyesonmalaysia Amsterdam, Spetember 17th, 2024 – The BRICS nations—Brazil, Russia, India, China, and South Africa—have long been recognized for their dynamic economies and significant contributions to global growth. As they prepare to take their proposal for a gold-backed currency a step further at the upcoming summit, it’s essential to reflect on how this partnership generates…
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Introduction Malaysia’s recent interest in joining the BRICS group of emerging economies marks a pivotal moment for our nation. As we evaluate this strategic move, we must consider how it can drive economic growth, foster innovation, and benefit our population. In this article, we explore the potential impact of Malaysia’s BRICS membership. Economic Opportunity The…
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A Transformative Shift in Global Dynamics eyesonmalaysia 1. The Rise of ZiG: Zimbabwe’s Gold-Backed Currency Zimbabwe, a nation that has grappled with economic turmoil for decades, recently introduced a new gold-backed currency called ZiG (short for “Zimbabwe Gold”). This move aims to stabilize an economy that has faced crisis after crisis over the past 25…
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