Entries by brics_admin

US-China trade talks come to a close with no deal

With two weeks remain before the end of the tariff truce US and China trade meeting ended today with no resolution. Delegates from the US and China met in Beijing with hope coming to some deal and bring an end to the trade war. The meeting between Chinese Vice Premier Liu He and US Trade […]

Brazil’s retail sector growth hit five-year-high in 2018

retail sales continued their growth trajectory in the wake of the end of the recession last year. Growth in the sector reached 2.3% in 2018, the best result in five years. The data was released by the Brazilian Institute of Geography and Statistics on Wednesday (13). Sectors of highlight in the year included personal items […]

The total abandonment of the US currency is premature talk – Dmitriev

The BRICS New Development Bank (NDB) is a threat to the hegemony of the US dollar – the creation and launch of the NDB was referred to as an international anti-dollar alliance. As a result, prospects of the coalition of Brazil, Russia, India, China, and South Africa ‘de-dollarizing’ – creating a single currency of the […]

Stella Ndabeni-Abrahams leading South Africa to digital transformation

Speaking to Africa-Europe high-level panel on digitisation in Austria the newly appointed minister expressed the following words: “African countries may also want to discuss at the intergovernmental level, issues of internet governance, cybersecurity, and the new emerging technologies that impact our people; and as such, we hold a stern view that this should not just […]

SA expected to reach roll-over agreement with the UK

  The Department of Trade and Industry (DTI) is expected to reach a roll-over agreement with the United Kingdom post-Brexit. The department briefed Parliament’s Portfolio Committee on Trade and Industry on Wednesday on developments made by its negotiating team regarding preferential trade arrangements after the British exit (Brexit) from the European Union (EU). Brexit is […]

Tata CEO on BRICS institute’s Advisory Board

Len Brand, CEO of Tata Africa Holdings accepted the invitation for a position on the BRICS institute Advisory board. The BRICS Institute is an independent institute, directed by an Advisory Board comprising remarkable leaders from business, the diplomatic corps, government, and academics.  In accepting the position, Brand has dedicated himself to assist in developing world-class […]

Brazil’s Central Bank sees inflation at adequate level

Brazil’s scenario is increasingly favorable to consumer wallets and should continue this way this and next year. This is the assessment of the Brazilian Central Bank (BCB), which released the minutes of the last meeting of its Monetary Policy Committee (Copom) on Tuesday (February 12). The document explains why the institution decided to keep Brazil’s […]

SCO-BRICS parliamentary partnership

  A delegation of Russian senators,  Yelena Afanasyeva, Elena Perminova, and Vyacheslav Timchenko traveled to India, from 5-7 February to build BRICS and SCO cooperation with an interest of promoting partnerships in business, education and parliamentary exchanges. The entire spectrum of Indo-Russia relations was reviewed during the meeting with a focus on further developing relations […]