At the recent BRICS Summit in Kazan, Russia, President Vladimir Putin emphasized the need to improve transportation links between the member countries. He believes that enhancing these connections can open up exciting new opportunities for trade among the nations. During the summit, which took place from October 22 to 24,
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
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
Boeing, the giant aerospace company, is thinking about selling off parts of its NASA business, including the troubled Starliner program and operations supporting the International Space Station (ISS). This news comes from The Wall Street Journal, which spoke to sources who know about Boeing’s plans. What’s Happening with Starliner? The
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
Today, many people find it harder than ever to reach the American dream, which often includes owning a home, raising a family, and having a comfortable retirement. One major reason for this struggle is the rising cost of living. While wages increased during the pandemic, they were coming off a
Recently, leaders from BRICS—an alliance of Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, and the UAE—gathered for a three-day summit in Kazan, Russia. They released an important document that addresses many global issues and calls for a fairer world. A Fairer World for All The main message from
The BRICS group—Brazil, Russia, India, China, and South Africa—has become the center of attention for many developing countries that feel left out by Western institutions like the World Bank and IMF. These countries believe these organizations don’t treat them fairly or as equals, and they’re looking to BRICS for a
BRICS, a powerful international group, was formed in 2006, starting with Brazil, Russia, India, and China. In 2011, South Africa joined, expanding the group’s influence. Now, as of 2024, new members have been welcomed: Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia. Though Saudi Arabia hasn’t formalized its membership yet,
