In the Summit held in the Russian city of Kazan, BRICS members condemned the genocidal Israeli war on West Asia, the illegal sanctions regimes imposed on the people of the world by the US and its allies, and Western dominated multilateral institutions.
The deal was considered necessary to ease the impact on food prices in poorer countries amid the war in Ukraine. However, almost half of the Ukrainian grain went to developed and rich countries in Western Europe
A senior Russian official indicated that a new currency project might be announced at the upcoming BRICS summit in South Africa. The alliance’s other members—Brazil, China, Russia, and India—have already taken steps to bypass the US-dominated global trade and finance system
The three-day state visit by Iran’s president Ebrahim Raisi to China on February 14-16 will have a deep impact on regional politics and international security
From Iran’s viewpoint also, it will be desirable to become part of the OPEC+ cartel with Russia and Saudi Arabia
The sanctions will immediately impact two-thirds of Russian crude oil imports which are transferred via the sea. Following opposition by Hungary, the remaining one-third which is supplied through the Druzhba pipeline is temporarily exempt
Portuguese intellectual Boaventura de Sousa Santos reflects on the wrecklessness with which US and Europe are advancing to yet another violent conflict of global dimensions
In this episode of Mapping Faultlines, NewsClick’s Prabir Purkayastha talks about the latest on the global economic front as the Russia-Ukraine war continues
In the most recent set of sanctions against Russia, the United States and European Union have decided to remove a number of Russian banks from SWIFT.
In an assault on free speech and freedom of the press, the European Union announced a ban on Russia Today (RT) and Sputnik news channels on Sunday after accusing them of spreading “toxic and harmful disinformation in Europe”
NewsClick’s Prabir Purkayastha talks about the recent call between US president Joe Biden and Russian president Vladimir Putin and the emerging situation in Ukraine