⭐️#BRICS countries overtake the #G7 in share of world GDP.
#Brazil, #Russia, #India, #China, #SouthAfrica (BRICS) now provide 31.5% of global #GDP, with further projected growth - while Canada, France, Germany, Italy, Japan, United Kingdom, and United States (G7) provide 30.7%.
#Brazil, #Russia, #India, #China, #SouthAfrica (BRICS) now provide 31.5% of global #GDP, with further projected growth - while Canada, France, Germany, Italy, Japan, United Kingdom, and United States (G7) provide 30.7%.
https://twitter.com/ThePollLady/status/1634255773349076992
A look at #BRICS countries' GDP growth and GDP Growth rate clearly shows that the US hegemony of the world economy is on the brink of collapse by 2030, leading to the shift in power balance to the eastern part of the world.
Post-Russia Ukraine conflict, #BRICS countries showed remarkable resilience contrary to consumer inflation and energy inflation in Europe and the US including the G7 bloc.
https://twitter.com/RichardDias_CFA/status/1633880327478472705?s=20
And biggest volatility was shown by US #PetroDollar trading due to the highest ever oil imports by BRICS countries while the US, EU, and the entire G7 block shot themselves in the foot by sanctioning #Russia and blowing up the #Nordstream gas pipeline.
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