Brazil
Brazil, Saudi Arabia sign MoU to boost aviation cooperation
Saudi Arabia is looking to become a global aviation hub, as it expects to attract over 70 million international tourists by 2030.
Brazil Renews Push for IMF Reform, Sees BRICS Bank Alternative
- Long-delayed reform of IMF quotas unlikely to move forward now
- Developing nations seeking alternative sources of financing
IMF backs Brazil’s fiscal reform, ‘ambitious’ green agenda
The International Monetary Fund said it “strongly supports” Brazil’s efforts to improve the country’s fiscal position, while also commending the country’s “ambitious agenda” to have a sustainable, inclusive, and green economy.
Russia
OPEC+ panel holds oil policy steady as Saudi, Russia keep cuts
An OPEC+ ministerial panel made no changes to the group’s oil output policy, after Saudi Arabia and Russia said they would keep voluntary supply cuts in place to support the market.
Zelenskiy tells Europe: Russia will attack others if Ukraine loses
Ukrainian President Volodymyr Zelenskiy warned European leaders that Russia could rebuild its military capabilities and attack other countries within five years if the continent were to waver in its support for Kyiv.
US Losing to Russia and China in War of Global Opinion
The United States is consistently losing out to Russia and China in getting other countries to align with its views, according to a recent analysis of three decades of voting patterns in the United Nations General Assembly.
India
India floods: 14 killed and 102 missing after lake overflows and highways washed away
At least 14 people have been killed and 102 went missing in the north-east Indian state of Sikkim after heavy rain caused a glacial lake to burst its banks, triggering flash floods down a mountain valley.
India asks Canada to withdraw dozens of diplomatic staff – reports
India has asked Canada to withdraw about 40 diplomatic staff from India, reports say, in a sharp escalation of a weeks-long crisis.
What’s behind a police swoop on journalists in India?
Dozens of people working in media are being held following police raids. Journalists are being detained in police raids in India, where the Bharatiya Janata Party (BJP) government says it wants to counter Chinese influence.
China
Senators say they hope to meet with Xi during China trip
A bipartisan group of U.S. senators hope to meet with Chinese President Xi Jinping during a trip to China this month, two of them told NBC News, as a whirl of diplomatic activity builds expectations for a meeting later this year between the leaders of the world’s two largest economies.
China jitters turn private equity investors towards India and Indonesia
India and Indonesia have become two of the most popular destinations for private equity investors, who are under pressure as high interest rates drive up funding costs and as backers, such as family offices and university endowments, become increasingly nervous about continuing to invest in China.
Why China’s young people are quitting their jobs and throwing ‘resignation parties’
Hundreds of posts about resignation parties have spread on Chinese social media this year, as the country slowly emerges from its Covid-19 cocoon of isolation and grapples with the economic and social fallout.
South Africa
Key trade meeting with US officials to go ahead in South Africa
The Forum will bring together the governments of the United States and AGOA-eligible countries, as well as representatives from key regional economic organizations, the private sector, civil society, and labor.
South Africa central bank won’t defend depreciating rand, Kganyago says
South Africa’s central bank Governor Lesetja Kganyago said the bank would not step in to protect the local currency despite its current weakness and that the rand was caught up in a realignment of global currencies.
The South African women blazing a trail in robotics
Scientists in South Africa are spearheading the development of artificial intelligence and robotics, from the country’s first female robotics surgeon to its first all female national robotics team.
