Tagged BRICS

Could there be good news out of Kananaskis? The 51st summit of the Group of Seven (G7) industrialized countries is taking place in Kananaskis, Alberta, Canada on 15-17 June 2025. Despite the constantly diminishing part of the world’s population and GDP that these countries represent (reportedly 10% and 44% respectively), one cannot underestimate the importance…

The EU central institutions seem to be stuck to what 19th Century Europe identified as “mission civilisatrice”, fuelled by an underlying sense of self-righteousness and superiority vis-à-vis others, while individual member states continue to pursue their narrow but concrete geopolitical and economic interests, which go in different directions. It should come as no surprise that EU members are steadily losing ground on the charts of state power and influence in the world, overtaken by more dynamic, emerging powers. Of course, with its ambition, innovation and flexibility the US remains steadily at the top, as would the EU as a whole, should it become really united.

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