Latin America

Nicolas Maduro: Venezuela Considers Co-Operation With BRICS In Oil And Gas Sectors

Venezuela may transfer to the BRICS countries the rights to develop oil and gas deposits…

Brazilian Ministry Of Culture To Launch Platform For National Films

The Ministry of Culture is preparing to launch a platform dedicated to Brazilian audiovisual productions…

Lula Authorises Law Turning Carnivals Into Cultural Heritage

The President of Brazil Luiz Inacio Lula da Silva has approved a bill that recognises…

Lula da Silva Supports Creation Of South American Bank

Brazilian President Luiz Inacio Lula da Silva has defended the creation of a bank for…

The G20’s History and Summits

NEW DELHI, Sept. 8 (Xinhua) — The 18th Group of 20 (G20) Summit will take place on Saturday and Sunday in New Delhi, India. The summit, themed “One Earth · One Family · One Future,” will focus on inclusive growth, digital innovation, climate resilience, and equitable global health access, among other topics. Here is a brief introduction of the group and its summits. Created in 1999, the G20 is a main forum for international cooperation on financial and economic issues.…

G20: BRICS Nations Are Set To Present Themselves As A New Global Economy, Says Prof Tembe

In a special media project BRICS & G20 2023 ahead of the G20 summit, TV BRICS International Media Network and its partners, major national media outlets of the BRICS countries, interviewed leading experts from Brazil, Russia, India, China and South Africa. Among the speakers is Professor Paul Tembe, an international relations expert, who discussed the plans and goals of the BRICS nations for the forthcoming G20 summit in India. Tembe is a Senior Research Fellow at the Thabo Mbeki African…

New World Order Emerges As BRICS Expands 

BRICS leaders have invited six new members to join the powerful economic alliance of developing nations, marking the rise of the Global South in geopolitics and the world’s new political and financial architecture.  Saudi Arabia, the United Arab Emirates (UAE), Egypt, Ethiopia, Iran and Argentina officially join BRICS in January next year – in a paradigm shift that would rearrange international politics, dent the petro-dollar system and expedite the demise of the United States of America’s (U.S) empire.   The move…

Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE To Join BRICS

The leaders of the BRICS countries approved the final declaration of the 15th summit of the association, called “Johannesburg-2”, said South African President Cyril Ramaphosa, which paved the way for Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and UAE to join the economic alliance.  The text of the Johannesburg Declaration is published on the official website of the South African Department of International Relations and Cooperation. “As five BRICS countries, we have reached an agreement on the guiding principles, standards, criteria…

Xinhua Commentary: Washington Is Hitting Gas On De-Dollarisation

BEIJING, May 31 (Xinhua) — In the wake of World War II, the United States joined many Western countries and built the Bretton Woods system, laying the foundation for the current international monetarysystem and the global supremacy of the U.S. dollar. Almost 80 years later, the greenback is still the world’s dominant currency. Yet the United States, perhaps unintentionally, is accelerating the de-dollarization process because of its kick-the-can-down-the-roadstyle of addressing the destructive cyclical debt crisis, and the almost out-of-control impulse…

De-Risking – I Want Your Market, But You Need To Slow Down Tech Development

BEIJING, July 5 (Xinhua) — The talk of de-risking from China has been gaining ubiquity among Western politicians and business communities recently, while the de-coupling approach seems to be put away, at least in rhetoric. Don’t get fooled. The nature of the new De-word is in fact to re-define risk and decouple from China in selective fields like high-tech and other key areas where those Western powers want to maintain their global dominance. For those who carefully craft and embrace…

Xinhua Commentary: G7 Should Be Renamed G1+6

BEIJING, May 25 (Xinhua) — In the just-ended Group of Seven (G7) Summit in Japan, a symbolic show of solidarity couldn’t paper over cracks in the group. Selfish Uncle Sam has made it increasingly difficult for the bloc to forge a unified will as more countries realize that the world’s sole superpower is maneuvering to remould the group into a geopolitical tool forconfrontation and conquest. The mutual respect between the United States and its allies, if there is any, has…

BRICS: Why Africa Must Look East And Resist Imperialist US Diplomacy By Threat 

The upcoming BRICS Summit in Johannesburg next month is important for South Africa, the African continent and the global south. The gathering of the world’s major developing countries is expected to discuss a common currency and admit or agree on criteria to admit new members.  Countries which have either applied or lined up to join the global South economic alliance include regional powers such as Saudi Arabia, Egypt, Argentina, Iran, the United Arab Emirates, Nigeria, Pakistan, Mexico, Algeria and Senegal. Formed…

Lula Approves Law Providing For Equal Pay For Men, Women

Brazilian President Luiz Inacio Lula da Silva has approved a law providing for equal pay for men and women in the same position. Moreover, the Head of State approved two other laws. One includes moral and sexual harassment and discrimination in the list of ethical and disciplinary violations by the Brazilian Bar Association (OAB), which could result in the suspension of lawyers. Another proposal, approved by the president, gives priority to pregnant and postpartum women upon renewal of the Bolsa…

Nissan Reshuffles Executive Committee

NISSAN Motor has announced some executive committee changes that will take effect from July 1. “In response to the constantly evolving market conditions, we will introduce a flatter and agile leadership structure, which will further empower regional and functional leadership,” said Makoto Uchida, President and Chief Executive Officer (CEO) of Nissan. “The new executive committee will work as a cohesive team to accelerate Nissan NEXT progress in the final year of delivery and formulate the next mid-term plan to realize…

African Times