The Daily Brief

The fragile compromises of the BRICS summit

Episode Notes

In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:

1. The BRICS Summit: What Was Actually Achieved?

 We’ll cover: 
●Why BRICS is struggling to build an alternative to the US dollar
●The challenges around local-currency payments and a BRICS currency
●What the summit revealed about tensions between India, China, Russia, Iran and the UAE

2. UK Recognises India’s Carbon Market

We’ll cover:
●How the UK’s CBAM affects Indian exporters
●Why India’s carbon credits cannot simply offset the UK’s carbon charge
●The challenges around carbon pricing, verification and claiming relief

Audio Timestamps

00:04   Intro
00:30   Inside the BRICS summit
13:43   UK recognises India’s carbon market
21:18   Tidbits


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