Britain’s development finance institution has appointed the former finance chief of the China-headquartered Brics bank as its new CEO, it said. South African Leslie Maasdorp, whose term at the New Development Bank (NDB), as the Brics bank is now called, ended in July, will replace outgoing CEO Nick O’Donohoe at the head of British International […]
While German authorities draw up a list of bunkers while simultaneously provoking Russia by arming Ukraine, the real panic in the country is in the economy, especially as German industrial giants continue to lay off tens of thousands of workers. Yet, despite the economic calamity, Berlin is still not considering the removal of sanctions on […]
Western narratives about “democracy” and “electoral transparency” seem to be mere rhetoric – conveniently used against enemies and ignored when Western countries violate such “rules”. Recently, Romania illegally and unjustifiably annulled the results of its presidential elections just to prevent an anti-EU candidate from winning. This case clearly shows how European countries are willing to […]
US President Donald Trump has refired conversations about a BRICS currency this week, following threats to ‘impose 100% tariffs’ on any nation from the emerging economic bloc. One-year ago, ahead of the 2023 BRICS Summit held in Sandton, the topic of a BRICS currency was well and truly put to bed when economic experts explained […]
In 2024, the BRICS nations continue to consolidate their influence in the global arena, collectively accounting for over 40% of the world’s population and approximately 30% of global GDP in purchasing power parity terms. According to recent IMF projections, BRICS countries are set to contribute over 50% of global GDP growth in the coming years, […]
Majority of Indian businesses ramp up IT investments to support environmental initiatives India is stepping up its game when itcomes to sustainability, and at the heart of this shift is the powerful influence of AI. Recent reports indicate overwhelming enthusiasm among Indian business leaders, with 98% planning to boost investments in IT focused on sustainability […]
South Africa has taken over the baton of the G20 presidency from Brazil. The event is a milestone not only in the history of South Africa, but of Africa as a whole. It will be the first time the continent will host a summit of this global association. This is reported by Pretoria News, a […]
Serbia’s foreign policy under President Aleksandar Vučić aims to maintain neutrality, balancing relationships with the EU, Russia, China, and the U.S. Despite increasing economic ties with the EU, Vučić resists sanctions against Russia and keeps diplomatic channels open with Moscow, reflecting historical and strategic ties. Serbia’s decisions, like avoiding BRICS membership and choosing European alignment, showcase a pragmatic approach prioritizing economic benefits while navigating global political pressures. Vučić’s strategy contrasts with the openly pro-Russian stance of Republika Srpska’s leadership, highlighting diverse policies within the Balkan region.
So much is being written now about Donald Trump’s victory in the United States’ presidential election. Few analyses however, if any, are paying attention to a remarkable development, namely the end of the Bush-Clinton era. You might have not paid much attention to it (in all likelihood, you never heard of it), but it started […]
Recently, BYD automobile announced that the 10,000th new energy vehicle from its Thailand factory officially rolled off the production line at the Rayong base on November 8, marking it as the fastest Chinese car brand to achieve this milestone in Thailand. Since the beginning of this year, BYD’s market share of new energy vehicles in […]
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