BRICS overtaking G7 in economic might – Putin
The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president
The BRICS states are overtaking the G7 in terms of share in global GDP in PPP terms, Russian President Vladimir Putin said on Thursday while addressing the Federal Assembly.
The share of BRICS will increase to 36.6% by 2028, while that of the G7 will decrease to 27.8%, according to estimates provided by the president.
DETAILS TO FOLLOW
More Stories
Ghosts on the grid: whatever happened to the sponsors that bankrolled Formula One’s golden age?
Stand at Becketts this weekend as the historic demonstration runs howl past and you could be forgiven for thinking the...
World Cup 2026: Air-conditioned stadiums v 39C heat, is this really a level playing field?
There is a phrase beloved of every business school lecturer, every venture capitalist and every man who has ever worn...
Sunak admits Covid bailouts were a mistake as he urges Britain to let failing firms go bust
Rishi Sunak has conceded that the multi-billion-pound business support schemes he designed as chancellor during the pandemic propped up companies...
Amazon’s Leo satellite network clears final hurdle for UK launch as Starlink rivalry intensifies
Amazon has passed the milestone it needed to switch on its long-awaited Leo satellite broadband service, deploying enough satellites to...
Piers Morgan’s Uncensored valued at $145m, five years after ITV showed him the door
Piers Morgan’s Uncensored has been valued at $145 million (around £108 million) by investors, just 18 months after the broadcaster...
Germany orders workers to see a doctor on day one of sickness in productivity crackdown
German employees will be required to visit a doctor in person and obtain a sick note on the first day...