New composition of BRICS will control 80% of world oil production With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s […]
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, […]
China and South Africa have entered into a large-scale industrial agreement that will take root in Limpopo over the next five years. Much has been written about South Africa’s power pandemic, which currently sits uneasily […]
By John Kemp, senior market analyst Typhoon Doksuri brought some of the heaviest rain on record to northern China at the end of July and the start of August, causing severe flooding in the province […]
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 […]
As the rest of the world grapples with rising living costs, China is facing the opposite problem: falling prices. In July, the world’s second-largest economy officially slipped into deflation for the first time in two […]
China’s top diplomat has said that a Chinese-mediated detente between Iran and Saudi Arabia was driving a “wave of reconciliation” in the Middle East and pledged to firmly support Tehran on “issues concerning core interests”. […]
By Charlie Zhu, Bloomberg Markets Live reporter and strategist Three things we learned last week: 1. One of China’s shadow banking giants fell into a liquidity crisis, showing how contagion from the troubled real estate […]
More than 40 Chinese warplanes flew over Taiwan’s air defence zone on Saturday, as part of military drills that Taiwan called “irrational and provocative”. About 26 Chinese aircraft crossed the median line of the Taiwan […]
China’s central bank pledges ample liquidity Dollar index eases from two-month highs Markets fear high U.S. interest rates for longer HOUSTON, Aug 17 (Reuters) – Oil prices rose on Thursday after falling for three straight […]
Copyright © 2025 | Sandstone Group