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Chinese leader Xi Jinping will visit Russia for the BRICS summit in October, strengthening ties between the two nations. The expanding alliance aims to counterbalance Western influence in global affairs.
Ukrainian President Zelenskiy dismisses China-Brazil peace initiative as "destructive," citing lack of Ukrainian input. He criticizes the proposal's disregard for Ukraine's territorial integrity and offers direct discussions.
Sudan's ongoing conflict has led to widespread hunger and displacement, with rival factions weaponizing aid. International efforts to address the crisis face challenges as regional powers exert influence.
Russia is finalizing procedures for a new bilateral treaty with Iran, amid US accusations of military cooperation. The move signifies deepening relations between the two nations in the face of Western opposition.
Brazil's annual Operation Formosa will feature Chinese troops alongside U. S. forces for the first time. The three-day exercise, starting September 13, 2024, showcases international military cooperation.
India's foreign minister clarifies stance on Chinese business, emphasizing sector-specific considerations. Recent border tensions and investment scrutiny shape the complex bilateral economic relationship.
Former Brazilian President Jair Bolsonaro's supporters gather in Sao Paulo for an Independence Day rally, protesting the ban on Elon Musk's X platform. The event tests Bolsonaro's influence ahead of municipal elections.
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Brazil's government investigates sexual harassment claims against Human Rights Minister Silvio Almeida, involving multiple women. President Lula to meet with Almeida and Racial Equality Minister separately.
Brazil's central government reported a higher-than-anticipated primary budget deficit in July 2024, despite significant revenue growth. The government aims to balance the budget by year-end, with new measures planned.
Switzerland moves closer to a landmark free trade agreement with India, potentially opening up vast market opportunities. The deal, involving EFTA countries, aims to boost Swiss exports and secure significant investment.
Brazil's Senate will vote on Gabriel Galipolo's nomination as central bank chief on October 8. The decision comes after resistance from lawmakers, delaying the government's initial plans for an earlier confirmation.
Senate hearing for Brazil's new central bank chief postponed, likely to October. Delay impacts government plans and monetary policy meeting, highlighting political complexities in economic leadership transition.
Turkey expresses interest in joining BRICS, but takes no concrete steps. The move raises concerns among Western allies about Ankara's geopolitical orientation, as it balances between NATO commitments and expanding partnerships.
Brazil's economy showed resilience in Q2 2023, with GDP growing 1. 4% despite severe floods. Strong performance in industry and services sectors offset agricultural decline, surpassing analysts' forecasts.
Russian President Vladimir Putin disclosed that young members of his family speak fluent Mandarin. Despite growing Chinese popularity, he emphasized the continued significance of English to schoolchildren.
South African markets brace for manufacturing PMI and GDP data releases. The rand holds steady against the dollar, while the stock market and government bonds show slight movements in early trading.
Nomura reduces India's FY25 growth projection to 6. 7% following lower-than-expected Q1 GDP growth. Analysts cite election-related spending decline as a factor, while other firms maintain forecasts.
Russia's economy shows robust growth across sectors, with record-low unemployment. Officials hint at a brighter outlook, but signs of overheating emerge amid Western sanctions and the ongoing conflict in Ukraine.
Brazil's finance minister suggests revealing the next central bank head nomination soon. The government faces challenges in the selection process, with a potential candidate already identified.
Russian establishment figures support an early ceasefire in Ukraine along current battle lines, rejecting large-scale offensives. They believe Ukraine can't reclaim lost territories and see neutrality as crucial for peace.
Brazil's Senate postpones confirmation hearing for new central bank head, citing political tensions. Decision likely after October municipal elections, impacting monetary policy leadership.
Indian PM Modi discussed Ukraine with Putin after Kyiv visit. India maintains ties with Russia despite Western pressure, balancing diplomatic relations and economic interests in the region.
As Western dominance wanes, a new geopolitical landscape emerges. The Shangri-La Dialogue in Singapore highlights growing tensions between the US and China, while the expansion of BRICS signals a multipolar world order.
China criticizes new US sanctions on Chinese companies allegedly linked to Russia's Ukraine war. Beijing vows to protect its businesses' interests, highlighting tensions in US-China-Russia relations.
As Western influence wanes, new powers emerge on the global stage. The Shangri-La Dialogue in Singapore highlights tensions between the US and China, while BRICS+ expansion signals a changing world order.
Brazil's central bank director Gabriel Galipolo refutes interpretations of his recent statements, emphasizing data-dependent approach. Market perceptions shift as policymakers clarify stance on monetary policy options.
India's business activity continues robust growth in August, with services sector strengthening and manufacturing slightly slowing. Price pressures ease, but inflation concerns persist amid global economic uncertainties.
Brazil plans to restrict entry for certain Asian migrants using the country as a transit point to North America. The new policy, starting next week, aims to address the influx of refuge seekers at Sao Paulo's airport.
The South African rand weakened slightly as investors anticipate key inflation data. The release could influence future interest rate decisions, while global markets also eye Fed minutes for economic insights.