SWIFT
BRICS countries call for a multipolar, equitable and democratic world order

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.

Russia terminates grain deal Russia announces end of UN-brokered grain deal with Ukraine, cites unfulfilled promises

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

BRICS new currency Towards de-dollarization: BRICS advances alternative to US-dominated financial system

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

China-Iran ties are on the right side of history

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

Where JCPOA, oil conjoin stands vis-a vis OPEC+

From Iran’s viewpoint also, it will be desirable to become part of the OPEC+ cartel with Russia and Saudi Arabia

EU sanctions on Russia European Union reaches agreement to ban Russian oil imports 

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

Europe is sleepwalking into another World War

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

Mapping Faultlines: As war drags on, countries look to protect their interests

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

Explained: What does expelling Russian banks from the SWIFT system mean?

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.

Russia-Ukraine talks begin in Belarus amid growing international pressure on Russia

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”

Mapping Faultlines: After Biden-Putin summit, what next for Ukraine and the region?

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