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India
BRICS

India ‘easily’ world’s fastest-growing economy – IMF

March 1, 2024 Mariel Alumit

India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% […]

BRICS
BRICS

BRICS overtaking G7 in economic might – Putin

February 29, 2024 Mariel Alumit

The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president The BRICS states are overtaking the G7 in terms of share in global GDP in […]

BRICS
BRICS

BRICS will overtake G7 in economic might by 2028 – Dilma Rousseff 

February 14, 2024 Mariel Alumit

  The group will account for 40% of global GDP within four years, the head of the New Development Bank has said The BRICS member states will overtake the G7 in terms of share in […]

BRICS
BRICS

New BRICS member describes first meeting in Moscow as ‘diplomatic victory’

February 9, 2024 Mariel Alumit

The political consultations between Ethiopia and Russia were praised by the African country’s foreign ministry Ethiopia’s first BRICS meeting since joining the group last month has been described as a “diplomatic victory” for the African […]

BRICS
BRICS

Russia plays leading role in BRICS – South African sherpa

January 31, 2024 Stu Turley

Russia’s presidency of BRICS has resulted in a total revamp of the organization, South African sherpa Anil Sooklal has told RT in an exclusive interview. Sookhal, who is also his country’s sherpa for the G20 […]

Saudi
BRICS

Why Did Saudi Arabia Clarify That It Hasn’t Yet Accepted BRICS Membership?

January 19, 2024 Mariel Alumit

It can plausibly be hypothesized that Saudi Arabia’s unexpected decision to delay formal membership in BRICS is due to Western perceptions about this association, Iran’s involvement in the Red Sea Crisis, and Israeli-US pressure. Saudi […]

BRICS

Russia boosting trade with fellow BRICS nation

January 13, 2024 Stu Turley

Turnover with Brazil nearly doubled in December as the South American country ramped up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow […]

BRICS

Daily Energy Standup Episode #285 – Weekly Recap: Unveiling Myths, Merger Moves, and Global Dynamics

January 13, 2024 Andy Del Prado

Daily Standup Weekly Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been […]

BRICS

BRICS bank lends $500 million to Indian state

January 12, 2024 Stu Turley

The BRICS New Development Bank (NDB) has announced the approval of a $500 million loan to fund rural road projects in the Indian state of Gujarat. The funds will be used under the Mukhyamantri Gram […]

Russia
BRICS

BRICS: Russia & Iran End SWIFT, Start Bank Transfers in Local Currency

January 11, 2024 Mariel Alumit

BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries will initiate payments to settle international trade using direct bank transfers. SWIFT payment system is no longer […]

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