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☆ South Africa, due to host Putin, rows back from pledge to quit war crimes court
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +2 min

Ramaphosa had said on Tuesday that the ruling African National Congress would aim to repeal South Africa's membership of the Hague-based court, which hears cases of genocide, war crimes and crimes against humanity. Moscow denies committing war crimes including forced deportations of children, and says the ICC has no authority as Russia is not a member. Putin is due to visit South Africa in August for a summit of the BRICS group of emerging economies comprising Brazil, Russia, India, China and South Africa. As an ICC member, South Africa would be required to detain him. The presidency said on Wednesday that South Africa would work towards establishing an African continental criminal court that would complement the ICC as a court of last resort.

☆ What is de-dollarization? Here's everything you need to know about rival countries' efforts to dethrone the greenback
▼ + stars: | 2023-04-26 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

The US dollar has dominated global trade and been the leading reserve currency for nearly 80 years. But rival countries – including China and Russia – are trying to change that. But a growing list of countries – including Brazil, China, and Russia – are trying to unseat the greenback. Rival countries China and Russia are spearheading the effort to wean the world off the buck. "There is a lot of inertia in reserve currency status," a team of strategists led by Kamakshya Trivedi said.

☆ South Africa to try to withdraw from ICC again - Ramaphosa
▼ + stars: | 2023-04-25 | by ( Carien Du Plessis | ) www.reuters.com time to read: +2 min

[1/2] South African President Cyril Ramaphosa responds to a parliamentary debate on his state of the nation address in Cape Town, South Africa, February 16, 2023. Only two days earlier, South Africa's parliament announced that it would abandon a seven-year-long legislative process to pull South Africa out of the ICC's Rome Statute. The process was abandoned because the governing party in December decided that South Africa should rather remain in the ICC and try to effect changes from within, a decision that has now been reversed. The international arrest warrant against Putin was issued after he had already received his invite from South Africa to the BRICS summit in August, and it would oblige South Africa to hand him over to the International Criminal Court in The Hague if he set foot in the country. "He has been invited by President Ramaphosa and Russia has indicated attendance," South Africa's official in charge of the relationship with BRICS (Brazil, Russia, India, China, South Africa) countries, Anil Sooklal, told Reuters.

"We have an extraordinary relationship with China, a relationship that every day gets more acute and stronger," Lula said before his meeting with Xi. Brazil and China need to work together so that the relationship is not merely one of commercial interest, he added. China and Brazil did agree to set up a working group to pursue cooperation on semiconductors, strengthening ties with Beijing in areas of sensitive technology. Brazil is now the largest recipient of Chinese investment in Latin America, driven by spending on high tension electricity transmission lines and oil production. On Friday, the two countries agreed to encourage their companies to invest in each country in infrastructure, energy transition, logistics, mining, agriculture and high-tech industries.

☆ Russia's war economy isn't as resilient as reports would have you believe
▼ + stars: | 2023-04-14 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

That brings us to today's main story — economists say the official data coming out of Russia isn't painting an accurate picture of Putin's wartime economy. "These are the things that businesses deliver and consumers purchase in an economy, and they have been absorbing the impact. Our tracker shows a contraction of the Russian economy ahead of the official figures release precisely because we use high-frequency indicators from the private economy." Vehicle sales, imports, credit growth, home prices, and other measures all point to a much less robust regime since Vladimir Putin's war on Ukraine began. These four charts tell the story of how war has reshaped Russia over the last year.

☆ World leaders are lining up to meet Xi Jinping. Should the US be worried?
▼ + stars: | 2023-04-14 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +9 min

Hong Kong CNN —Xi Jinping has had a busy couple of weeks. “(Chinese leaders) believe it’s time now for China to make its strategic plans,” said Li Mingjiang, an associate professor of international relations at Singapore’s Nanyang Technological University. Beijing has watched uneasily as the war in Ukraine has driven the US and its European allies closer. When French President Emmanuel Macron arrived in Beijing last week, Xi drew comparisons between China and France: both “major countries with a tradition of independence,” Xi said, and “firm advocates for a multi-polar world” – or a world without a dominant superpower. But how Beijing navigates these initiatives, observers say, comes down to a bottom line that’s integrally related to Xi’s global ambitions and world view.

☆ China's Xi greets Brazil's Lula upon visit
▼ + stars: | 2023-04-14 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsChina's Xi greets Brazil's Lula upon visitPostedMeeting in China, Brazil's President Luiz Inacio Lula da Silva and Chinese leader Xi Jinping agreed to deepen cooperation in various fields under the BRICS framework, a joint statement reported by Chinese state media Xinhua said on Friday (April 14).

"I am convinced that both Ukraine and Russia are waiting for someone else to say, 'Let's sit down and talk,'" Lula told journalists last week. Lula has suggested a peace solution could be the return of newly invaded territory, though not Crimea - an option that Ukrainian President Volodymyr Zelenskiy has rejected outright. For his initiative to advance, Lula needs China to send a message to Russia, said a European diplomat in Brasilia. Some 20 agreements to be signed include creation of a sixth satellite in a joint program started in 1988, which will be used for monitoring the Amazon, Brazil's foreign ministry said. China overtook the United States as Brazil's top trading partner in 2009 and is a major market for Brazilian soybeans, iron ore and oil.

☆ The dollar's dominance on the world stage isn't going away. Here's why.
▼ + stars: | 2023-04-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

The move makes sense, given Russia's growing status as a pariah state, but it also highlights a push to unseat the dollar as a dominant force in global trade. But to strategists at the Carson Group, a scenario where the dollar isn't the world's primary reserve currency simply isn't in the cards in the near future. Are you convinced that the dollar won't lose its status as a dominant global reserve currency? Some companies in this batch of oil stocks have upsides of up to 180%, according to strategists at Bank of America. An expert from the World Gold Council pointed out that history says gold performs well in a recession.

☆ South Africa aware of legal obligations regarding Putin visit
▼ + stars: | 2023-03-19 | by ( ) www.reuters.com time to read: +1 min

JOHANNESBURG, March 19 (Reuters) - South Africa is aware of its legal obligation, a spokesperson for President Cyril Ramaphosa said on Sunday, referring to a proposed visit by Vladimir Putin after an international court issued an arrest warrant against the Russian leader. Russian President Putin was expected to visit South Africa in August to attend a BRICS summit. But such a visit would place Ramaphosa's government, which has not condemned Russia's invasion of Ukraine, in a precarious position after the arrest warrant issued by the International Criminal Court (ICC) on Friday. "We note the report on the warrant of arrest that the ICC has issued," Magwenya said. "It remains South Africa's commitment and very strong desire that the conflict in Ukraine is resolved peacefully through negotiations."

☆ Ukraine war live updates: Putin says NATO nuclear capability must be minded; Russia's top diplomat says future world order is being decided
▼ + stars: | 2023-02-27 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Speaking at a conference of regional representatives of his ministry on Monday, Russian Foreign Minister Sergei Lavrov said that "at the moment, the configuration of the future world order is being decided." The future world order is being decided right now, Russia's foreign minister said Monday, adding that Moscow has frustrated the West's plans "to isolate, and even dismember" the country. Speaking at a conference of regional representatives of his ministry on Monday, Russian Foreign Minister Sergei Lavrov said that "at the moment, the configuration of the future world order is being decided." We now call it the world majority," he said in comments translated by Google. Lavrov's comments parrot similar remarks by Russian President Vladimir Putin on Sunday in which he said the West wants to defeat and divide Russia.

☆ Brazil's Lula to meet China's Xi on March 28 in Beijing
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +2 min

[1/2] Brazil's President Luiz Inacio Lula da Silva speaks during the celebrations marking the 43rd anniversary of the founding of the Workers' Party, in Brasilia, Brazil February 13, 2023. REUTERS/Adriano MachadoBRASILIA, Feb 17 (Reuters) - Brazil's new President Luiz Inacio Lula da Silva will meet Chinese leader Xi Jinping on March 28 on Lula's first trip of his current term to his country's largest trading partner, official sources told Reuters. Lula, who visited China twice during his earlier government 2003-2010, will stay in Beijing for four days for talks on trade, investments and the war in Ukraine. I want to talk about it with President Xi Jinping. The growing economic relationship between the two countries became clear in 2004 when Lula first visited China with a large delegation that included 450 Brazilian business representatives.

☆ South Africa's naval exercise with Russia, China raises Western alarm
▼ + stars: | 2023-02-17 | by ( Carien Du Plessis | ) www.reuters.com time to read: +5 min

"These exercises are going to be a lightning rod," said Steven Gruzd, of the South African Institute of International Affairs. "South Africa, like any independent and sovereign state, has a right to conduct its foreign relations in line with its ... national interests," South Africa's defence ministry said last month. Russia's defence ministry did not respond to a request for comment, and South Africa's National Defence Force has denied the TASS report. China is now Africa's top bilateral trading partner, but the EU is by far the largest market for South African exports. Domestic critics of South Africa's push to deepen ties with Russia and China say that economic reality alone should be enough to give the government serious pause.

☆ ChatGPT predicts US dollar dominance will give way to a multipolar currency system as China's yuan gains influence
▼ + stars: | 2023-02-11 | by ( Brian Evans | ) www.businessinsider.com time to read: +4 min

Insider asked OpenAI's ChatGPT to weigh in on whether the US dollar or China's yuan would be the world's dominant currency in the future. The chatbot asserted that a "multipolar" system was likely, instead of a system dominated by one or two currencies. ChatGPT also noted the rise of both the euro and yuan in international trade. "Its widespread use, particularly in international trade, gives the US dollar significant influence on the world stage. Meanwhile, ChatGPT's currency prediction contrasts with that of "Dr. Doom" economist Nouriel Roubini, who wrote in the Financial Times recently that a bipolar currency system will emerge dominated by the dollar and the yuan.

☆ Russia, South Africa and a 'redesigned global order': The Kremlin's hearts and minds machine is steaming ahead
▼ + stars: | 2023-01-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

Russian Foreign Minister Sergei Lavrov visited Pretoria as part of an African tour, his second since the invasion, which will also reportedly take him to Botswana, Angola and Eswatini. On Feb. 24 2022, shortly after the Ukraine invasion, South Africa urged Russia to immediately withdraw its forces from Ukraine. South Africa was one of 15 African nations to abstain from the subsequent U.N. vote in March to condemn Russia's war of aggression. watch nowShe emphasized the multilateral responsibilities of the BRICS (Brazil, Russia, India, China and South Africa) bloc of leading emerging economies in a changing global landscape. White House Press Secretary Karine Jean-Pierre said Monday that "the United States has concerns about any country … exercising with Russia as Russia wages a brutal war against Ukraine."

[1/4] U.S. Treasury Secretary Janet Yellen and South Africa's Finance Minister Enoch Godongwana attend bilateral talks, at the treasury offices in Pretoria, South Africa, January 26, 2023. Nevertheless Lavrov made a stopover after visiting South Africa, which his counterpart Thulisile Dladla described as a "profound honour." Eswatini relies on the United States for aid, but its absolute monarchy has suffered U.S. criticism on human rights. South Africa, alongside Russia and China, is pushing for a "multipolar" world in which geopolitical power is less concentrated around the United States. "It hasn't delivered the kind of benefits South Africa was hoping to get."

[1/2] A Brazilian flag is seen through broken glass following the anti-democratic riots, at Planalto Palace, in Brasilia, Brazil, January 10, 2023. What many banks point to is the assumed risk premium already built in to Brazilian real interest rates. But beyond Brazilian markets, the wide global markets calm surrounding the weekend events was equally curious. After all, Brazil is the 12th largest economy in the world and one of the biggest food and raw materials exporters. Among the 10 biggest risks it lists by likelihood is emerging markets political risks that threaten political institutions.

☆ Putin ally Patrushev says Russia is now fighting NATO in Ukraine
▼ + stars: | 2023-01-10 | by ( Guy Faulconbridge | ) www.reuters.com time to read: +4 min

[1/2] Russian Security Council Secretary Nikolai Patrushev (L) looks at President Vladimir Putin during a meeting with the BRICS countries' senior officials in charge of security matters at the Kremlin in Moscow, Russia, May 26, 2015. "The Westerners' plans are to continue to pull Russia apart, and eventually just erase it from the political map of the world," Patrushev said. The United States has denied Russian claims that it wants to destroy Russia, the world's biggest producer of natural resources, while President Joe Biden has cautioned that a conflict between Russia and NATO could trigger World War Three. "The American state is just a shell for a conglomerate of huge corporations that rule the country and try to dominate the world," Patrushev said. The United States, Patrushev said, had sown chaos in Afghanistan, Vietnam and the Middle East, and had been trying for years to undermine Russia's "unique" culture and language.

☆ Lula, Putin talk on 'strategic' Brazil-Russia relations
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, Dec 20 (Reuters) - Brazilian President-elect Luiz Inacio Lula da Silva said on Tuesday that Russian President Vladimir Putin had congratulated him on his recent election win and talked of stronger relations between the two countries. Putin said earlier this year he had "good relations" with both Lula and far-right incumbent Jair Bolsonaro, who made an official trip to Moscow in February, just days before the start of the war in Ukraine. "Putin congratulated me on my election victory and wished me a good administration and the strengthening of relations between our countries," the leftist leader tweeted. "Brazil is back, seeking dialogue with everyone and committed to the search for a world without hunger and with peace," Lula added. In a separate statement, the Kremlin said both men had expressed confidence that the countries' "strategic partnership...will develop successfully, including within the BRICS framework".

☆ Brazil’s Boom Years Will Be Tough to Revive
▼ + stars: | 2022-10-31 | by ( Jon Sindreu | ) www.wsj.com time to read: 1 min

Even after a close election, Brazil is one of this year’s rare market winners. But investors shouldn’t get too nostalgic for their days of fawning over “BRICs.”On Monday, Brazil’s currency and stocks edged up after Luiz Inácio Lula da Silva won a narrow victory in the presidential election against conservative incumbent Jair Bolsonaro . Mr. da Silva, who previously led the country between 2003 and 2010, promises reindustrialization, a higher minimum wage and better relations with China, which were strained under Mr. Bolsonaro.

☆ China's Xi Jinping congratulates Lula on Brazil election win
▼ + stars: | 2022-10-31 | by ( ) www.reuters.com time to read: +1 min

BEIJING, Oct 31 (Reuters) - Chinese President Xi Jinping on Monday congratulated Luis Inacio Lula da Silva for his win in Brazil's presidential election, according to state broadcaster CCTV. "I attach great importance to the development of China-Brazil relations," said Xi. Relations between China and Brazil, two of the world's largest developing countries, worsened under right-wing President Jair Bolsonaro, who has not conceded the election yet. Leftist Lula, previously a two-term president, led Brazil into the first BRICS grouping in 2009, initially made up of Brazil, Russia, India, and China, before South Africa joined in 2010. Reporting by Martin Pollard; Writing by Eduardo Baptista Editing by Shri Navaratnam, William Maclean and Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

☆ Algeria businesses hope government will stay the course on reforms
▼ + stars: | 2022-10-23 | by ( Lamine Chikhi | ) www.reuters.com time to read: +5 min

As Algeria's foreign currency reserves fell by two thirds in six years and the long-term risk of unrest grew, President Abdelmadjid Tebboune's government pushed reforms to strengthen the private sector, boosting local businesses. He passed some reforms but now enjoys high demand for Algerian energy and surging revenues. Free zones are going to be set up, customs code has been changed to make it more attractive for foreign investment, we have a new investment code," Agli said. A former government adviser on economic affairs said the authorities understood the need to press ahead with reforms despite the increase in energy revenue this year. We are running short of time because oil prices are so volatile and a global recession is a likely scenario," the former adviser said.

☆ De ce companiile farmaceutice ar trebui să transfere tehnologie de producție a vaccinului în țările slab dezvoltate — Moldova.org
▼ + stars: | 2021-06-10 | by ( Tatiana Beghiu | Autor Invitat | ) www.moldova.org time to read: +3 min

„Dă-i omului un pește și el va mânca o zi. Dacă întrebați companiile farmaceutice germane de ce sunt împotriva acestei inițiative, acestea vor spune că țările slab dezvoltate nu au acces la tehnologii, personal calificat și cunoștințele necesare pentru a produce vaccinurile complexe împotriva COVID-19 într-un interval de timp rezonabil. Companiile, precum Biontech sau Moderna, care au primit fonduri de la stat, ar trebui să fie obligate să trimită personal și echipamente țărilor slab dezvoltate. Acest răspuns global la pandemie trebuie să fie subvenționat de guverne și nu ar trebui lăsat ca o opțiune bună. Fotografiile/infograficele de pe platforma moldova.org pot fi preluate în număr de maxim 2 bucăți per material și doar cu menționarea Moldova.org și numele autorului/autoarei.

Persons: . Ea Organizations: Organizația Mondială a Sănătății, Uniunea Europeană Locations: Germania, BRICS, Brazilia, Rusia, India, China, Africa de Sud, ost

☆ Gogoși electorale. Op-Ed de Victor Pelin
▼ + stars: | 2021-06-05 | by ( ) www.ipn.md time to read: +9 min

Gogoașa despre închiderea școlilorAceastă gogoașă are menirea să devieze atenția de la decizia strategică a Partidului Comuniștilor din Republica Moldova (PCRM), implementată de unul dintre actualii lideri ai Partidului Socialiștilor din Republica Moldova (PSRM) – Zinaida Greceanîi. Aici se ivește întrebarea – de la cine s-au inspirat liderii BECS? Oare nu de la partenerul strategic cărui doresc să-i închine Republica Moldova în cadrul Uniunii Economice Eurasiatice? Prețul plătit pentru acea fotografie a fost foarte mare – promisiunea federalizării Republicii Moldova pentru a dispersa în trei direcții centrul de adoptare a deciziilor și a o face Republica Moldova total dependentă de partenerul strategic . Această stare de fapt trebuie schimbată cât mai curând posibil, altminteri existând riscul ca Republica Moldova să rămână ostatecă gogoșilor propagandistice pentru mult timp înainte.

Persons: Victor Pelin, Zinaida Greceanîi, Greceanîi, Putin, Igor Dodon, Își, Vladimir Putin ., ruse ., PSRM Organizations: Partidului Comuniștilor, PCRM, Partidului Socialiștilor, Uniunii Europene, Uniunii, Negru, Federația, Sputnik, Ministerul Sănătății Locations: Republica Moldova, Federația Rusă, Ucraina, Nistru, Crimeii, Chișinău, Transnistriei, Rusia, Moldova, ruse, Brazilia, India, China, Africa de Sud, Republicii Moldova

☆ Putin spune că Rusia este pregătită să furnizeze vaccinul Sputnik V altor state
▼ + stars: | 2020-11-21 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +4 min

„Sputnik V” împreună cu alte două vaccinuri experimentale ruseşti împotriva coronavirusului vor fi disponibile şi pentru alte state, în efortul de stăvilire a pandemiei la nivel global, potrivit liderului de la Kremlin. El a precizat că ţara sa a semnat deja acorduri cu Brazilia şi India pentru efectuarea de teste clinice pentru vaccinul Sputnik V, primul anunţat de Rusia şi dezvoltat de centrul Gamaleia. Rusia susţine că vaccinul Sputnik V, aflat în faza a treia a testelor clinice, are o eficacitate de 92%. Şi alte vaccinuri împotriva COVID-19 dezvoltate de alte laboratoare ruseşti sunt în prezent în faza testelor clinice. Guvernul ungar a anunţat joi sosirea în ţară a 10 mostre de vaccin Sputnik V pentru a studia utilizarea sa posibilă, Ungaria devenind astfel prima ţară din UE care primeşte acest vaccin.

Persons: Vladimir Putin, Reuters, Deşi, Putin, Rusia, Premierul Viktor Orban, Viktor Orban, Johnson, Ursula von Organizations: Agerpres, Rusia, OMS, Sputnik, Europeană, Comisia Europeană Locations: Rusia, Kremlin, Brazilia, India, China, Africa de Sud, Moscova, Moscovei, ţară, Ungaria, anunţat, UE, Sanofi, Ursula von der

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