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Thursday, November 21, 2019
Brics Turns Ten
At summit in Brasilia, leaders from Brics group have pledged to increase integration through New Development Bank loans, as doubts about sustainability linger
An alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payment system, which is being drawn up by China, Russia and India, has a fair chance to end the dominance of the US dollar in the global financial sector, Chinese analysts said
Russian Sibanthracite Group is looking to replace Australian coal as it boosts its export infrastructure to meet growing coal demand in Asia, an executive said
The Commonwealth should Balance Its Relations with China and the U.S.
Turkish President Erdogan reaffirmed to his American counterpart that his country won't completely abandon its purchase of Russia's S-400s like Washington wants but that Ankara would buy its Patriot competitor as well if an offer was made "under suitable conditions", suggesting that one or the other air-defense system would become a 'white elephant' under that scenario, with the odds being likely that it would be the Patriots which would fulfill this expensive but useless role and not the S-400s.
A satellite program co-developed by China and Brazil is hailed by experts as a role model for BRICS cooperation
State-owned refiner imports close to 65 million tonnes of crude oil annually