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BRICS

BRICS Economic Bloc Expands Adding Iran, Argentina, UAE, Saudi Arabia, Egypt and Ethiopia During Summit

August 26, 2023 Mariel Alumit

The original BRICS economic alliance between Brazil, Russia, India, China and South Africa has expanded today.  During the summit held in South Africa, the group which is home to about 40% of the world’s population […]

BRICS
BRICS

Saudi Arabia, Iran and Egypt among 6 countries joining BRICS in 2024

August 24, 2023 Mariel Alumit

The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group’s summit in Johannesburg, said that Argentina, Egypt, […]

BRICS

Can BRICS create a new world order?

August 22, 2023 Mariel Alumit

They are giant economies, with even bigger populations and still greater ambitions. Starting Tuesday, leaders of the group of nations known as the BRICS – Brazil, Russia, India, China and South Africa – are meeting […]

BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western
BRICS

BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western

August 17, 2023 Mariel Alumit

ENB Publishers Note: Andrew Korybko on his Substack wrote this article and has some outstanding points. In my opinion, as Andrew points out, the BRICS countries are saying that they do not want to de-dollarize, […]

BRICS
BRICS

Russia confirms BRICS will create a gold-backed currency

August 14, 2023 Mariel Alumit

(Kitco News) – The gold market could see new bullish momentum as the world could see a new type of gold standard. Friday, according to state-run RT, the Russian government has confirmed that Brazil, Russia, India, China […]

International News

What did Amazon nations agree upon at the summit in Brazil?

August 9, 2023 Mariel Alumit

The leaders of eight South American nations that are home to the Amazon have met at a two-day summit ending on Wednesday in the Brazilian city of Belem, with the task of agreeing to a […]

BRICS
BRICS

Russia Is Finally Correcting False Perceptions Of BRICS

August 3, 2023 Mariel Alumit

It was always unrealistic to imagine that BRICS is an alliance of completely sovereign countries that have united due to their shared hatred of the West and are thus plotting to topple the dollar’s dominance […]

Brazil
Crude Oil News

Brazil And Guyana Are Fueling Latin America’s Oil Resurgence

July 31, 2023 Mariel Alumit

Brazil, with 14.9 billion barrels of proven reserves, is aiming to boost oil output to 5.4 million barrels per day by 2029, potentially becoming the world’s fourth-largest oil producer. Guyana, following a series of discoveries […]

Equinor
Exploration and Production

Equinor expands renewables portfolio with Brazilian acquisition

July 25, 2023 Mariel Alumit

Private equity firm Denham Capital has announced the sale of Rio Energy assets to energy giant Equinor, as the latter expands its renewables portfolio. The transaction includes the entire Rio Energy team and other selected […]

Brazil
Crude Oil News

WoodMac: Brazil’s Private Firms To Increase Oil Output By 75%

July 24, 2023 Mariel Alumit

Wood Mackenzie: Brazil’s private oil companies will increase oil production by 75% from 1.221Mb/d to 2.123Mb/d by 2030. Petrobras is also expected to grow production at an impressive clip, with output expected to increase 61% […]

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