The British Treasury chief, Rachel Reeves, is set to announce a major budget plan that includes a staggering $51 billion (or 40 billion pounds) in tax increases. This is her first budget since the Labour Party took power in July. Reeves believes these tax hikes are necessary to fill what
Africa is home to many valuable minerals, and recently, there’s been a big rush for one mineral in particular: lithium. This is causing fierce competition between Western countries and China, as both sides try to secure their share of Africa’s rich resources. As the mining industry in Africa grows, it’s
Indian banks are showing caution in their dealings with Russian clients due to concerns about possible US sanctions. Denis Alipov, Russia’s ambassador to India, recently explained that Indian banks, particularly those connected to the US, are worried about facing penalties if they continue trading with Russian businesses. Washington has increased
The 16th BRICS Summit, held in Kazan, Russia, from October 22 to 24, wasn’t just another meeting of world leaders. It marked a turning point in global politics. For the first time, this summit was viewed as more influential globally than the meetings of the G7 or G20, which typically
The Kazan BRICS summit unfolded against a backdrop that seemed almost scripted: the world’s largest emerging economies convened in Russia, a nation cloaked in sanctions and diplomatically isolated from the West. But this gathering in Tatarstan was no mere diplomatic courtesy call. Instead, it was a striking statement—a defiant message
India and Spain marked a major moment in defense manufacturing with the grand opening of a new aircraft factory in Vadodara, Gujarat. India’s Prime Minister Narendra Modi and Spanish Prime Minister Pedro Sanchez were at the heart of the event, showing the world a new partnership between Tata Group, one
At the recent BRICS summit in Kazan, Russia, there was a powerful message from Thailand’s top diplomat, highlighting what could be a major shift in the world order: the rise of the “Asian Century.” This idea sees the Asia-Pacific region, including countries like China, India, and Southeast Asia, leading global
In the town of Kirzhach, Russia, something special has been created: a banknote with a value of 100 BRICS. This unique note was printed ahead of the 2023 BRICS Summit held in Johannesburg, South Africa, and it’s designed to symbolize the unity and cooperation of the BRICS countries. What Makes
BRICS—a growing alliance of countries from across the globe—is shaking up traditional power structures. The alliance, now with ten member nations from Eurasia, the Middle East, Africa, and Asia, is not just another trade bloc; it’s a symbol of a changing world order. And while BRICS insists it isn’t “anti-West,”
