The Latest Breaking News from BRICS

High interest rates typically weigh on commodity prices as they increase the cost of carrying raw material inventories and increase production expenses. However, nothing is ordinary about the current historical period, which could mean commodity prices can rise even if rates remain stable or move slightly higher.

Vladimir Putin has agreed to make his first foreign trip since a warrant for his arrest over alleged war crimes was issued by the International Criminal Court.

While we shouldn’t read too much into the Brics expansion, the geopolitical landscape is shifting

The 2020 global pandemic caused interest rates to fall to historical lows as the U.S. and other worldwide central banks provided an unprecedented liquidity tidal wave. The tsunami of government stimulus only increased the money supply and planted inflationary seeds that bloomed and caused the hawkish response since March 2022.…

Video of Putin’s opening address was shown at the BRICS Business Forum, where his voice was lowered as if trying to disguise it

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It is the promise of shared prosperity and a more democratic model of global governance that attracts the global south to BRICS

U.S. Ambassador Eric Garcetti expects Congressional approval for the GE-HAL jet engine deal between India and the U.S. to come through soon. He believes trade ties could be strengthened if India reduces tariffs and has more predictable regulations. Ahead of President Biden's visit to Delhi for the G-20 summit, Mr.…

Saudi Arabia, UAE look to balance relations between east and west, while Iran, Egypt look to benefit financially.