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The international financial and development institutions should be reformed to reflect the interests of the Global South, Secretary-General Antonio Guterres has said.While the BRICS can play an important and complementary role for developing nations, he stressed that it should not contribute to a fr...

The total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners' inaugural BRICS Wealth Report.

The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansio...

By Rhod Mackenzie

Iran has set up a number of companies in the United Arab Emirates (UAE) to circumvent sanctions and increase its exports to China, according to the head of the Iran-China Chamber of Commerce, Majid Reza Hariri.
"Some of Iran's exports to the UAE continue on to China. Iran has se...

By Aaryaman Nijhawan

“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...

By Rhod Mackenzie

On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...

By Rhod Mackenzie

Sakhalin Energy, which manages the Sakhalin-2 LNG project, is offering Chinese buyers 12 LNG cargoes per year for a period of 3-5 years, writes Platts. This amounts to around 1 million tonnes of LNG, which is comparable to the volume of Shell's offtake contract, which has now bee...