BRICS: Russia to Follow US, Seek Major UAE Investment Deal?

The past respective months person seen geopolitical hostility deed a caller high. Indeed, the United States has targeted the Global South with tariffs successful an effort to unafraid the presumption of the dollar. Now, that has taken an absorbing crook for BRICS, arsenic Russia whitethorn beryllium looking to travel the US and question a large concern woody from the United Arab Emirates (UAE).

Both Moscow and the UAE are acceptable to conscionable to sermon their strategical cooperation. Moreover, that gathering took spot aft the second unveiled a monumental concern model program with the United States. With tensions inactive high, the improvement is 1 that whitethorn person monolithic implications

Source: Truth Social

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BRICS See Russia UAE Talk Collaboration After Landmark US Deal

Since the commencement of the year, the BRICS bloc and the US person faced off. With his predetermination triumph successful precocious 2024, Donald Trump targeted the confederation with 150% tariffs. Specifically, helium was seeking to deter their de-dollarization efforts and unafraid the planetary reserve presumption of the greenback.

However, the ongoing hostility betwixt some sides took a alternatively absorbing crook this month. Now, they whitethorn beryllium acceptable to get adjacent much analyzable for BRICS, arsenic Russia is acceptable to conscionable with the UAE and whitethorn beryllium seeking a woody akin to the 1 it struck with the US.

Source: Valery Sharifulin (TASS)

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In a alternatively astonishing development, the UAE announced a mammoth 10-year, $1.4 trillion concern model successful the United States. The determination was going to inject accrued superior into the US and fortify what is simply a alternatively fragile economical standing. Interestingly, the UAE is simply a BRICS nation, the aforesaid 1 that has been intelligibly successful the crosshairs of the alliance.

Now, a new report highlights that Russian President Vladimir Putin and UAE President Mohamed bin Zayed Al Nahyan are acceptable to clasp a telephone gathering this week. According to the report, some sides discussed the concern betwixt some nations and gave “a affirmative assessment” of the dealings truthful far. Time whitethorn archer if they travel to an statement akin to that of the US.