EID MUBARAK… EID MUBARAK… EID MUBARAK…
BRICS
Shanghai, China: BRICS (Brazil, Russia, India, China, South Africa) headquarter is located in Shanghai, China. BRICS Started in 2001 as BRIC, an acronym coined by Goldman Sachs for Brazil, Russia, India, and China. South Africa was added in 2010. The BRICS Leaders’ Summit is held annually.
There are 5 countries in BRICS:
1. Brazil
2. Russia
3. India
4. China
5. South Africa
BRICS was formed to Promote Economic Cooperation and MULTIPOLAR Global Governance among its Member Nations. The grouping aims are as follows:
1. Counterbalance the economic dominance of the Western World, PARTICULARLY the G7 nations.
2. Foster global economic growth and development.
3. Enhance cooperation in areas like trade, investment, energy, and infrastructure.
4. Promote peace, security, and stability in the world.
5. Provide a platform for member countries to discuss and address global challenges.
The VISION and CONCEPT of BRICS was FIRST PROPOSED by Jim O’Neill, a Goldman Sachs ECONOMIST, in 2001. The FIRST BRICS SUMMIT was in 2009 at Yekaterinburg, RUSSIA.
BRICS+ has expanded to include in 2023, SIX (6) NEW countries.
1. Argentina
2. Egypt
3. Ethiopia
4. Iran
5. Saudi Arabia
6. United Arab Emirates
With these additions, the total number of BRICS+ MEMBER countries will be 11:
1. Argentina
2. Brazil
3. China
4. Egypt
5. Ethiopia
6. India
7. Iran
8. Russia
9. Saudi Arabia
10. South Africa
11. United Arab Emirates
BRICS in the GLOBAL ECONOMY
The BRICS countries collectively account for approximately 27.94% of the global economy, with a combined GDP of around $29 trillion ¹. This significant share is driven by China’s massive economy, which boasts a GDP of over $19.3 trillion ¹.
In comparison, the G7 countries hold around 43% of the global GDP, but the gap is expected to shrink as major BRICS nations like India continue to grow at above-average rates ².
It’s worth noting that the BRICS bloc has seen significant growth over the past two decades, with its share of global GDP increasing substantially. In fact, the BRICS countries now represent more than a quarter of the global economy, making them a MAJOR FORCE in INTERNATIONAL TRADE and INVESTMENT ³.
https://bricstoday.com/the-
https://www.visualcapitalist.
https://unctad.org/
New Development Bank (NDB)
The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China, and South Africa (BRICS) with the purpose of mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).
The New Development Bank (NDB) was established on July 15, 2014, by the BRICS countries (Brazil, Russia, India, China, and South Africa) during the 6th BRICS Summit in Fortaleza, Brazil. The bank’s headquarters is located in Shanghai, China.
The New Development Bank (NDB), also known as the BRICS Bank, was established to serve several purposes:
KEY OBJECTIVES
1. Promote Sustainable Development: Support infrastructure and sustainable development projects in BRICS and other emerging economies.
2. Complement Existing Institutions: Supplement the efforts of existing multilateral development banks, such as the World Bank and the Asian Development Bank.
3. Foster Cooperation: Enhance economic cooperation and integration among BRICS member countries.
4. Provide Alternative Financing: Offer an alternative source of financing for development projects, reducing dependence on traditional lenders.
KEY FUNCTIONS
1. Financing Infrastructure Projects: Provide loans, guarantees, and other financial instruments to support infrastructure development.
2. Supporting Sustainable Development: Fund projects that promote sustainable development, such as renewable energy, transportation, and urban development.
3. Mobilizing Resources: Attract and mobilize resources from various sources, including private sector investors, to support development projects.
By achieving these OBJECTIVES, the BRICS Bank aims to contribute to the economic growth and development of its MEMBER countries and other EMERGING economies.
The BRICS New Development Bank (NDB) has approved a total of 96 projects, with a TOTAL financing amount of USD $32.8 Billion.
Some of the loans approved by the NDB, categorized by country:
– BRAZIL: The NDB has approved loans for Brazil, including a $1.115 billion loan for rebuilding urban and rural infrastructure in Rio Grande do Sul after the 2024 floods ².
– RUSSIA: The NDB has approved loans for Russia, but in March 2022, the bank announced that it would put new transactions with Russia on hold due to “sound banking principles” ².
– INDIA: The NDB has approved loans for India, including infrastructure projects.
– CHINA: The NDB has approved loans for China, including infrastructure projects.
– SOUTH AFRICA: The NDB has approved loans for South Africa, including infrastructure projects.
– Other countries: The NDB has also approved loans for other countries, including Bangladesh, Egypt, and Uruguay, which have joined the bank as new members ².
These loans are aimed at supporting infrastructure and sustainable development projects in the MEMBER COUNTRIES, with a focus on renewable energy, transportation, and urban development .
https://en.m.wikipedia.org/
The Future for BRICS+ and NDB ???.
The future of BRICS+ and the New Development Bank (NDB) looks promising, with the group’s expanded membership and growing economic influence. With the addition of new members like Egypt, Ethiopia, Iran, and the UAE, BRICS+ now represents around 45% of the world’s population and 35% of global GDP ¹.
The NDB, established in 2014, has approved $32.8 billion for 96 projects, aiming to fund infrastructure and sustainable development projects across BRICS and emerging markets. The bank plans to increase local-currency lending, reducing reliance on the US dollar ¹.
KEY AREAS OF FOCUS
– De-dollarization: Promoting local currencies and reducing dependence on the US dollar in international trade.
– Infrastructure Development: Financing infrastructure projects through the NDB.
– Expanded Membership: Growing the BRICS+ membership to increase global influence.
– Alternative Payment Systems: Developing parallel payment systems to reduce reliance on Western-dominated networks.
While challenges exist, such as internal divisions and varying agendas, the expanded BRICS+ membership and growing economic influence could lead to significant changes in global finance and trade. As the group continues to evolve, it’s likely to play a more prominent role in shaping the global economic landscape ¹.
https://www.brandvm.com/post/
“ABUNDANCE” BOOK
BOOK “ABUNDANCE” a MUST READ for ALL Politicians and Citizens. MANY ITEMS in this BOOK, Can be the BASE for a Guyana Blessed with Oil Resources to ADOPT a VISION, Plan, TEAM, Resources, EXECUTION, Evaluation and SERVANT LEADERSHIP for a GUYANA towards ONE PEOPLE, ONE NATION, ONE DESTINY, with EQUITY, Inclusion, and a Better Life for ALL.
“ ABUNDANCE explains that our problems today are not the results of yesteryear’s villains. Rather, one generation’s solutions have become the next generation’s problems. Rules and regulations designed to solve the problems of the 1970s often prevent urban-density and green-energy projects that would help solve the problems of the 2020s. Laws meant to ensure that government considers the consequences of its actions have made it too difficult for government to act consequentially. In the last few decades, our capacity to see problems has sharpened while our ability to solve them has diminished.”
About The AUTHORS
EZRA KLEIN is an opinion columnist and host of the award-winning Ezra Klein Show podcast at The New York Times. He is the author of Why We’re Polarized, an instant New York Times bestseller, named one of Barack Obama’s top books of 2022. He lives in Brooklyn, New York.
DEREK THOMPSON is a staff writer at The Atlantic and the host of the podcast Plain English. He is the author of the national bestseller Hit Makers and On Work, an anthology of his writing on labor and technology. He lives in Chapel Hill, North Carolina.
“Mango Madness” Project launched in Region 9 – Village Voice News
“The Greater Guyana Initiative, in partnership with The Consultancy Group (TCG) officially launched the Hinterland Social Enterprise through Fresh Fruits Value Added Production “MANGO MADNESS ” Project at Manari Ranch, Region 9, GUYANA, on March 7, 2025.”
“Mango Madness” Project launched in Region 9 – Village Voice News
13 Countries with “MANGO MADNESS” Promotions and Festivals.
1. PAKISTAN in KUWAIT: Celebrates the annual Mango Festival with mangoes from Pakistan in the 11 varieties of Sindhri, Chaunsa, Anwar Ratol, Dussehri, Langra, White Chaunsa, Black Chaunsa, Sammar Bahisht, Fajri, Neelum, and Almas. THE UNIQUE CLIMATE and SOIL of Pakistan, make these mangoes EXCEPTIONALLY SWEET, DELICIOUS and AROMATIC. In Pakistan they have OVER 400+ Varieties, EACH with its DISTINCTIVE TASTE, TEXTURE and SEASONALITY.
2. INDIA: Celebrates numerous mango festivals, including the Mango Festival in Delhi, the International Mango Festival in Maharashtra, and the Mango Mela in Bengaluru. Top 10 Varieties are, Alphonso, Kesar, Langa, Chausa, Ataulfo, Himayat, Neelam, Bangalora, Mallika, and Amarapali.
3. INDONESIA: Indonesia’s Mango Festival, held in the city of Bandung, promotes local mango varieties, mango-based products, and traditional Indonesian mango recipes. Top 10 Varieties are, Arumanis, Gedong, Manalagi, Cengkir, Kweni, Lalijiwo, Mangga Madu, Pelipisan, Sinta,and Malindi.
4. CHINA: Mango Festival, held in the city of Guangzhou, celebrates the country’s growing mango industry, featuring mango-tasting events, mango-themed decorations, and mango-related cultural performances. Top 10 Varieties are, Tainong No1, Jinhuang, Yuehuang, Zihua, Fenghuang, Manggang, Hongxin, Jinggang, Liyue, and Taiyuan.
5. MEXICO: The Mexican state of Chiapas hosts the Mango Fair (Feria del Mango) in Tapachula, promoting local mango production and trade. Top 5 Varieties are, Ataulfo, Haden, Kent, Tommy Atkins, and Alphonos.
6. PHILIPPINES: Known for their sweet and juicy mangoes, the Philippines hosts various mango festivals, like the Mango Festival in Guimaras. Top 5 Varieties are, Carabao, Pico, Kinalabaw, Manggang Hilaw, and Guimaras.
7. THAILAND: Celebrates the annual Mango and Fruit Festival in Chiang Mai, showcasing local mango varieties and other fruits. Top 5 Varieties are, Nam Dok Mai, Ok Rong, Mahachanok, Khiao Sawaei, and Chok Anan.
8. BRAZIL: Mango Festival in the city of São Luís, Maranhão, features mango-based dishes, drinks, and products. Top 5 Varieties are, Tommy Atkins, Haden, Kent, Palmer, and Uba.
9. SOUTH AFRICA : The Mango Festival in the Limpopo province celebrates the region’s mango harvest with music, food, and mango-themed activities. Top 5 Varieties are, Kent, Haden, Tommy Atkins, Zill, and Sensation.
10. UNITED ARAB EMIRATES (UAE): The UAE’s Mango Festival in Dubai features mango-based products, cooking competitions, and cultural events. Top 5 Varieties are, Kesar, Alphonso, Ataulfo, Chaunsa, and Fazli.
11. VIETNAM: Mango Festival in the Mekong Delta region promotes local mango production. Top 5 Varieties are, Xoai Cat Hoa Loc, Xoai To Nu, Xoai Thanh Ca, Xoai Hoa Loc and Xoai Cat Chu.
12. MALAYSIA: Celebrates the annual Mango Festival in Kuala Lumpur, showcasing various mango varieties, mango-based products, and mango-themed activities. The festival aims to promote Malaysia’s mango industry and boost domestic mango consumption. Top 5 Varieties are, Chok Anan, Nam Dok Mai, Mahachanok, Mangga Harum Manis, and Mangga Chok Anan
13. NIGER: Niger is a significant producer of mangoes in West Africa and are widely cultivated in Niger’s agricultural regions, particularly in the south known for their unique flavor profiles and textures, which are shaped by the country’s climate and soil conditions. Top 5 Varieties are, Bouye, Djerbi, Toughou, Mangga Sokoto, and Mangga Zinder,
Photo: PAKISTAN MANGO FESTIVAL in KUWAIT. Guyana as GUEST OF HONOR, is receiving the FIRST BOX of Pakistani MANGOES from His Excellency Ambassador of Pakistan GHULAM DASTGIR.
After the FIRST BOX MANGOES Presentation, BOTH Guyana & Pakistan Ambassadors presented BOXES to ALL the Attendees and SHOPPERS who attended the OPENING.
Photo: 10 VIP Attendees at Pakistan MANGO FESTIVAL in KUWAIT. From RIGHT, 4th Person His Excellency Ambassador of Pakistan GHULAM DASTGIR; 5th. Person Ambassador Dr. Shamir Ally GUEST OF HONOR; 9th Person, Dr Mustafa Yacoub Behbehani, Chairman Kuwaiti Gulf Group, President at PERU & GUYANA Friendship Association; and 10th Person ORGANIZER/FESTIVAL Director Hafiz Muhammad Shabbir CEO, GM & Business Partner AL-Hafiz Co.
World’s 10 FASTEST Growing ECONOMIES in 2025 Guyana is at # 2 at 14.4% with SUDAN # 1 at 27.2%
Onward & Upward towards, One People, One Nation, One Destiny.
