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Former Executive Director of IMF and founding member of the BRICS bank

Paulo Nogueira Batista Jr

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As the BRICS expand their economic, political, and technological influence, Europe faces a fundamental question. How should it navigate a world where power is increasingly dispersed beyond the traditional Western order? This conversation explores Europe’s evolving relationship with China, Brazil and the wider BRICS grouping, and whether Europe can forge a more independent and constructive role in the emerging multipolar order.

Europe in a multipolar world: Rethinking the relationship with BRICS

Treasury Secretary Scott Bessent wants lower interest rates, but the bond market has so far refused to cooperate. This talk explores the growing tension between Washington’s fiscal ambitions and the investors who ultimately determine the cost of U.S. borrowing. Can Bessent beat the bond markets, or will rising yields, mounting debt and inflation force a reckoning? And, if he loses, what does that mean for the dollar’s status as the world’s reserve currency?

Paulo Nogueira Batista Jr

Former Executive Director of IMF and founding member of the BRICS bank

IMF/BRICS bank

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