The fragile compromises of the BRICS summit
· 23 min · Episode 577
Episode The fragile compromises of the BRICS summit
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets: 1. The BRICS Summit: What Was Actually Achieved?
We’ll cover: ●Why BRICS is struggling to build an alternative to the US dollar ●The challenges around local-currency payments and a BRICS currency ●What the summit revealed about tensions between India, China, Russia, Iran and the UAE 2. UK Recognises India’s Carbon Market We’ll cover: ●How the UK’s CBAM affects Indian exporters ●Why India’s carbon credits cannot simply offset the UK’s carbon charge ●The challenges around carbon pricing, verification and claiming relief Audio Timestamps
00:04 Intro 00:30 Inside the BRICS summit 13:43 UK recognises India’s carbon market 21:18 Tidbits
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