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HomeBRICS

BRICS

Bankruptcy

BRICS candidate becomes latest African defaulter

December 27, 2023 Stu Turley

Ethiopia had until December 25 to make a $33 million coupon payment to bondholders, but failed to do so Ethiopia has become the latest African nation to default in recent years, failing to make a […]

BRICS
BRICS

BRICS and the Resistance Axis: a convergence of goals

December 14, 2023 Mariel Alumit

MOSCOW – Last week, Russian President Vladimir Putin made a notable pit stop in the UAE and Saudi Arabia to meet, respectively, Emirati President Mohammad bin Zayed (MbZ) and Saudi Crown Prince Mohammad bin Salman […]

BRICS
BRICS

BRICS candidate likely to default – media

December 12, 2023 Stu Turley

Ethiopia will hold a call with its international bondholders later this week after the African nation failed to pay a $33 million bond coupon that was due on Monday, according to a senior finance ministry […]

Brazil to join OPEC+
Big Oil Companies

Brazil to join OPEC+ but won’t cap oil output, Petrobras CEO says

December 2, 2023 Stu Turley

Nasdaq RIO DE JANEIRO – Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group’s coordinated output caps, the chief executive of state-run oil […]

China
BRICS

China helps BRICS partner solve power outages

December 1, 2023 Stu Turley

South Africa has received a shipment of 450 gasoline generators donated by China to ease the impact of severe power shortages in the country, local media reported on Thursday. According to Electricity Minister Kgosientsho Ramokgopa, […]

The Eviction Notice Is Being Written
BRICS

Escobar: The Eviction Notice Is Being Written, And Will Come In Four Languages

November 26, 2023 Mariel Alumit

Authored by Pepe Escobar, The Eviction Notice is being written. And it will come in four languages. Russian. Farsi. Mandarin. And last but not least, English… A much-cherished pleasure of professional writing is to always […]

Pakistan applies for BRICS membership
BRICS

Pakistan applies for BRICS membership

November 22, 2023 Mariel Alumit

Pakistan could join the BRICS economic alliance next year, the country’s newly appointed Ambassador to Russia Muhammad Khalid Jamali said in an interview with TASS news agency on Wednesday. He said the country had already […]

Tenuous
BRICS

With Trillions at Stake, the Cleaving Is Becoming Tenuous

November 21, 2023 Mariel Alumit

When I say the cleaving is becoming tenuous, do not take that expression to indicate the Western global alliance will back down, they will not.  However, as the fracturing of the global economic systems cleave […]

Argentina
BRICS

Argentina won’t join BRICS – newly elected president

November 20, 2023 Mariel Alumit

Javier Milei pledged to stay away from China and Brazil, as well as to dollarize the country’s economy Argentina is not planning to become a member of BRICS on January 1, Diana Mondino, senior economic […]

BRICS

Indonesia could join BRICS – presidential candidate

November 14, 2023 Mariel Alumit

Being part of the group may be beneficial for the country’s economy, Prabowo Subianto says Indonesia could join the BRICS economic group, presidential candidate Prabowo Subianto told reporters on Monday during a campaign speech on […]

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