This growth is mainly attributed to an increase in investment, which contributed to a 10.8 per cent increase in gross fixed capital formation compared to the same period in 2023, according to Toda Palavra, partner of TV BRICS. Experts say the Brazilian government’s expectations, initially set at 3.3 per cent gross domestic product (GDP) growth for 2024, could be revised upwards.  Juliana Trece, economist at the Getulio Vargas Foundation, which focuses on Brazilian economic development, stresses that for economic growth to…

The XV India-Russia Business Dialogue will be held in Moscow on 11 December. TV BRICS is the media partner of the event. The event will be attended by diplomats, representatives of the business community and authorities. The focus of attention will be on the current economic agenda and prospects for the development of business relations between Russia and India. The main event of the meeting will be a plenary session dedicated to building a strategic partnership between states and companies,…

The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2011. On 1 January 2024, Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia joined the group. In the same year, Russia hosted the Kazan Summit, where these countries participated as full members for the first time. One of the main topics was the creation of a new BRICS investment platform using modern electronic tools. The Role of the NDB In Financing BRICS…

India and South Africa’s Matla-Urja Energy Conference concluded with the signing of an agreement to train future energy professionals. The two-day forum, described as a significant event, attracted more than 200 participants from the energy sector. Consul General Mahesh Kumar highlighted its successes. “We brought together the best of Indian businesses and academia and their counterparts in South Africa. On Wednesday Indian and South African academics and researchers came together to discuss the academic power sector reforms,” Kumar said. He…

South Africa has officially assumed the G20 Presidency, launching its term under the theme “Solidarity, Equality, and Sustainability.” At a press conference held in Cape Town on December 03, President Cyril Ramaphosa outlined the priorities of this historic presidency, which is the first time an African nation will lead the G20. Ramaphosa emphasised the need for solidarity to address global challenges, highlighting their impact on all nations. He called for dismantling economic and social inequalities, which he described as unjust…

JOHANNESBURG – At the APEC annual summit in Lima, Comrade Xi Jinping was practically coronated as the King of Peru, as a lively moveable feast celebrated the brand new $1.3 billion Chancay-Shanghai Maritime Silk Road across the Pacific. There could hardly be a more auspicious counterpart to the action in South America than to gather in BRICS member South Africa to discuss African Unity in a Multipolar World, as well as the perennial plagues of racism, fascism, Russophobia and other…

The R80 million drugs busted by the KwaZulu-Natal police earlier on Friday was shipped from Brazil in South America and disguised as kidney beans destined for the South African market.  Police said the ship that delivered it left Brazil early last month and docked in Durban over the weekend. Acting on intelligence gathered about the ship, the police searched the container and found pure cocaine. “Police received information about a vessel which left Brazil at the beginning on November and…

In light of the growing frequency of extreme weather events, the imperative for climate action has become more pressing. However, the issue of environmental protection continues to present a significant challenge in the context of public opinion. There remains a perception among many people that the climate is an issue that is solely the responsibility of governments and big businesses, which tends to diminish the importance of their own involvement. Even among citizens who are aware of ecological issues and…

The final meeting of BRICS Sherpas and Sous-Sherpas is taking place in Ekaterinburg on 27-28 November. Sergey Ryabkov, Russia’s Deputy Foreign Minister and a Sherpa in the association, emphasised that the group’s resilience has strengthened with its expansion. During the meeting, the Russian deputy foreign minister summarised the results of Russia’s BRICS chairmanship and thanked his colleagues for their joint work. “Frankly speaking, for us this is both a moment of sadness and a moment of joy. Sadness, because we…

More than 170 events are planned at the Sirius University of Science and Technology, where the IV Young Scientists Congress is taking place. Over 7,000 guests from more than 60 countries will take part in business sessions, round tables, discussions and sports competitions. TV BRICS is the official media partner of the event. On the opening day of the congress, researchers discussed key areas of modern scientific and technological progress. In particular, scientists touched upon such topics as microelectronics, introduction…