'No Longer Passive': Rousseff Says BRICS Bank Ends Western Financial Dominance | Rio People’s Summit

At the People’s BRICS Summit in Rio, former Brazilian President and current NDB chief Dilma Rousseff delivered a powerful message: the Global South will no longer be a passive receiver of Western financial and tax models.

She highlighted the BRICS New Development Bank’s mission to provide non-conditional financing, support sovereign economic priorities, and challenge long-standing asymmetries in the global financial system.

NDB’s vision reflects a sharper geopolitical shift—one where emerging economies seek greater autonomy, fairer development pathways, and a new architecture of global finance.

The summit also amplified civil-society voices, with BRICS experts underscoring the need to avoid becoming another elite “talk shop” like the G7, and instead shape real-world economic outcomes for workers, farmers, small businesses, and developing nations.

If you cover global markets, geopolitics, macroeconomics, sovereign finance, or the Global South’s rise—this is a story you can’t afford to miss.
#BRICS #GlobalSouth #NDB #BRICSBank #EmergingMarkets #Geopolitics #GlobalEconomy #DevelopmentFinance #Brazil #FinanceNews #EconomicShift #NewWorldOrder
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Видео 'No Longer Passive': Rousseff Says BRICS Bank Ends Western Financial Dominance | Rio People’s Summit канала Mint