Gazprom Develops Climate-Neutral Production for Hydrogen

In its research laboratories in Tomsk, the Russian energy company Gazprom is developing a technology for converting fossil natural gas into climate-neutral hydrogen.  The “Welt am Sonntag” reports, citing its own information. In so-called methane pyrolysis, natural gas is broken down into its components hydrogen and carbon by heat. The process only requires a fraction of […]

COP29: Brazil Commits to Reducing Emissions by 67% by 2035

Brazil has pledged to reduce greenhouse gas emissions by 67 percent by 2035, setting a more ambitious target than its previous goal of a 59 percent reduction. Brazil’s new Nationally Determined Contribution (NDC) will be presented at the 2024 United Nations Climate Change Conference (COP29) to the United Nations Framework Convention on Climate Change. The […]

Oil Tops Brazil’s Export List in Third Quarter

Petrobras, which operates nearly 90 percent of Brazil’s oil production, surpassed agribusiness and mining in export rankings for the third quarter of this year with its oil exports. The announcement was made by the company’s president, Magda Chambriand. “We have reached the milestone of crude oil becoming Brazil’s top export product. We have surpassed soybean […]

Brazil’s Central Bank Hikes Basic Interest Rate to 11.25% a Year

The recent surge in the dollar and ongoing uncertainties about inflation and the global economy prompted Brazil’s Central Bank to accelerate interest rate hikes. The Monetary Policy Committee (Copom) unanimously raised the Selic rate, the country’s benchmark interest rate, by 0.5 percentage points to 11.25 percent per year. In a statement, the Central Bank noted […]

BRICS: Lula Argues for Alternate Means of Trade Exchange

Brazilian President Luiz Inácio Lula da Silva on Wednesday (Oct. 23) once again defended the creation of alternate means of payment for commercial transactions between the BRICS countries, a bloc of developing countries of which Brazil is a member. The president took part in the 16th BRICS Leaders’ Summit in Kazan, Russia, through video from […]

Sweden to Purchase Brazilian Military Aircraft

The Swedish Ministry of Defense has announced the choice of the Embraer C-390 Millennium as the country’s new tactical transport aircraft. The decision by yet another member country of the North Atlantic Treaty Organization (NATO) marks the first acquisition of the C-390 in northern Europe, underscoring Sweden’s commitment to enhancing its defense capabilities with state-of-the-art […]

Brazil’s Armed Forces to Act in G20 Security

The Eastern Military Command has announced that the operation for the G20 Leaders’ Summit, scheduled for November 18 and 19 in Rio de Janeiro, will mobilize resources from the Brazilian Navy, Army, and Air Force, in collaboration with the state government, municipal authorities, various agencies, and public security organizations. The Army will deploy approximately 7,500 […]

Corinthians Bag Five-Time Women’s Libertadores Title

Corinthians beat Colombia’s Santa Fe 2–0 at the Defensores Del Chaco stadium, in Asunción, Paraguay, winning the Women’s Copa Libertadores title for the fifth time. The other titles were in 2017, 2019, 2021, and 2023. In doing so, the team also helped extend Brazil’s hegemony in the tournament. Considering Saturday’s victory, Brazilian teams have now […]

Iranian Bank Cards Now Usable in Russia

İran devlet televizyonu, İran banka kartlarının artık Rusya’da kullanılabileceğini bildirdi. Bu gelişme, Tahran ve Moskova’nın Batı yaptırımlarına karşı mali iş birliğini güçlendirerek karşı koyma yönündeki yeni bir çabasını gösteriyor. İran bankaları, ABD’nin 2015 nükleer anlaşmasından çekilmesi ve yaptırımların yeniden uygulanmasının ardından 2018’den beri SWIFT uluslararası ödeme sisteminden kesildi. Benzer şekilde, Rus bankaları, Moskova’nın 2022’de Ukrayna’yı […]

Russia to Mine Bitcoin in BRICS Countries

In mid-October, during the BRICS Business Forum in Moscow, the Russian Direct Investment Fund (RDIF) partnered with domestic data center operator BitRiver to construct Bitcoin mining and AI computing facilities for BRICS nations. The project could see the BRICS group of nations — which already has a combined gross domestic product larger than the G7 […]