Russian President Vladimir Putin has ordered the government and Sberbank, Moscow’s largest state-owned bank, to collaborate with China on developing AI technology in what is likely an effort to challenge the U.S., according to Reuters. In instructions on the Kremlin’s … Read More
The foreign ministers of BRICS member nations – and another 13 countries interested in collaborating with the anti-Western bloc – convened in Russia on Monday for a meeting outside of the confines of the BRICS annual summit to discuss, among … Read More
Russia will increase cooperation on “peaceful nuclear energy” with Venezuela’s socialist regime as well as in the field of oil production, Russian Foreign Minister Sergey Lavrov said during a stop in Caracas on Tuesday. Lavrov made a one-day stop in … Read More
The Indian Defense Ministry announced this week that it had begun a joint army exercise alongside Saudi Arabia named “Sada Tanseeq,” or “Forever in Coordination,” expected to run through February 10. The event is the first of its kind uniting … Read More
Hong Kong CNN — Nearly three dozen countries are seeking entry into the China and Russia-backed BRICS economic group, member state South Africa said Wednesday, weeks after the body expanded its membership for the first time in more than a decade. Thirty-four countries have … Read More
Major expansion as economic bloc that includes Russia and China attempts to provide counterweight to the US and western allies The Brics group of big emerging economies has announced the admission of six new members, in an attempt to reshape … Read More
Experts say India concerned about expansion and any overt anti-west turn as leaders fly into South Africa Leaders from developing countries representing almost half the world’s population including China and Russia are to meet in South Africa for a key … Read More
June 29 (Reuters) – Ethiopia, one of Africa’s fastest-growing economies, has asked to join the BRICS bloc of emerging markets, the foreign ministry said on Thursday. The term BRIC was coined by Goldman Sachs economist Jim O’Neill in 2001 to … Read More
Iran, which has applied for observer status in BRICS, is finessing non-Western states to remedy its battered economy. Iran, Saudi Arabia and United Arab Emirates foreign ministers attended the BRICS meeting in South Africa this week, as the bloc seeks … Read More
The Russian Flag International power balance is primarily based on claiming ascendancy on the world stage, which in turn is driven by political imperatives, the prime mover in all initiatives towards claiming power. After the break-up of the Soviet Union, … Read More