Housekeeping: Good Morning.
BW3 is a Process, Not an Event.
Today:
Premium: The BRICS G7 Divorce Agreement
Commentary: The BRICS G7 Divorce Agreement
Markets Yesterday:
US equities advanced on Tuesday as the S&P 500 and Nasdaq Comp closed at record highs.
Premium/Markets: BRICS G7 Divorce
What is in the joint statement?
Non-Allied Relationship: Emphasizes a relationship beyond traditional military-political alliances, focusing on no alliance, no confrontation, and not targeting any third party.- based on mutual respect for each country's development path.
One-China Principle: Russia reaffirms Taiwan as an inalienable part of China and opposes any form of "Taiwan independence."
Security Cooperation: Focuses on enhancing strategic communication between defense departments- They are now sharing INTEL
Economic Cooperation: Commitment to deepening trade and investment ties, promoting projects in energy, technology, and the digital economy.
Global Security Concerns: ” Calls for objective investigations into the Nord Stream pipeline explosion
Continues at bottom…
