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Everyone knows the peace-loving prophet who stood for kindness and love to all, Gandhi, but did this holy man actually practice what he preached? Check out today's new video that exposes a dark side to Gandhi that will leave you shocked!
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Millions of tons of annual agricultural trade is now being conducted outside the US dollar, and within the new BRICS framework.
This represents a tectonic shift in global finance, as the dominant trading hubs of New York, Chicago, and London are replaced by a multipolar system of bilateral trades using national currencies and non-USD-denominated pricing and contracts.
The already huge volumes of trade in ag, energy, and raw materials are destroying price discovery in global markets. Decisionmakers and executives in Western companies are unable to see markets, nor can they know what parties are driving demand, nor which suppliers are emerging to meet that demand. Our senior-level business managers and planners are flying blind, and only after realizing giant losses we learn that we are now suppliers only of last resort: the BRICS countries and their allied countries across the world are producing and trading at prices far below our cost of production.
Resources and links:
Record U.S. Agricultural Trade Deficit Forecasted to Keep Growing
https://www.fb.org/market-inte....l/record-u-s-agricul
Why U.S. agricultural exports are down almost 20% from last year
https://www.marketplace.org/20....23/09/29/why-us-agri
Why is China canceling US wheat shipments?
https://www.dw.com/en/why-is-c....hina-canceling-us-wh
Bloomberg, China’s Waning Hunger for Grain Spells Trouble for World Market
https://www.bloomberg.com/news..../articles/2024-06-12
Visual Capitalist: visualizing the BRICS expansion in 4 charts
https://www.visualcapitalist.c....om/visualizing-the-b
Inside China Business, China wrecks wheat markets in US, Europe, and Australia. Should American farmers sell off land?
https://www.youtube.com/watch?v=ZtSXC6mdchM
CME Group futures markets for near-dated contracts
https://www.cmegroup.com/marke....ts/agriculture.html#
Futures heat map from
www.finviz.com / futures
Closing scene, Dalian, Liaoning province
In our CGTN Africa series on Food Production on the continent. Here's Lindy Mtongana with the 3rd installment on farming technologies and innovation.
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Ghana made an announcement about automobile manufacturer -Toyota - setting up an assembly plant in the country, and this got a lot of people talking. From our business desk, we had Nasiri Agbalaya speak on the effects of this on the economy of Ghana and West Africa at large.
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#NewBlackDaddy Diary 5: Children Choose Their Parents
In this reflection I explore the relationship of learning & teaching between Parents & Children.
To stay tuned, check out the channel YouTube.com/ShakaRaSpeaks
Watch All Reflections: https://www.youtube.com/watch?v=HLprLQX3Dms&list=PL-gMpPbGvuj1ydTRKKF4qTSeEhYz6zp8o
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