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40% of global GDP holders just met - here's why your portfolio should care

Reading time: 3 min • Jul 6, 2025, 05:40 AM (UTC)

Key Points

  • BRICS is stepping up as a powerful collective, aiming to red...

The BRICS summit in Rio this weekend wasn't your typical diplomatic gathering with boring handshakes and predictable press releases. When countries representing over half the world's population and 40% of global economic output get together, it's worth paying attention - especially when they're plotting their next moves while the U.S. is busy slapping tariffs on everything that moves.

President Lula didn't mince words: BRICS needs to become the grown-up in the room while America plays its "America First" game. With Trump's tariff policies creating more uncertainty than a crypto trader's portf...

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