The launch of the BRICS Centre for Industrial Competencies (BCIC) at a signing ceremony at the United Nations Industrial Development Organization (UNIDO) headquarters in Vienna marks a significant step forward for the industrial future of the BRICS Plus nations. The event, attended by UNIDO Director General Gerd Müller, senior representatives
Artificial Intelligence (AI) stands at the forefront of technological innovation, promising to revolutionise industries and enhance efficiencies across various sectors. As AI’s capabilities expand, so does its environmental footprint. By 2030, AI data centers are projected to consume up to 3% of global electricity, a significant increase from current levels
Amazon’s $25 million stake in Colombian delivery company highlights its ambitions in Latin America, but Mercado Libre remains dominant. Amazon has entered into a deal with Colombian delivery platform Rappi, acquiring convertible notes worth $25 million that could later be turned into equity. According to sources, this arrangement could give
Recent discussions between the Tehran Chamber of Commerce and the Association of Free Economic Zones of Kazakhstan mark more than just another bilateral trade initiative. At their heart, these talks point towards a larger reality. BRICS+ economies are quietly constructing the building blocks of a new multipolar trading system that
On Tuesday, the 9th of September 2025 Ethiopia is poised to open the Grand Ethiopian Renaissance Dam (GERD), a monumental event that concludes over ten years of construction, disagreements, and strategic geopolitical maneuvers concerning the Blue Nile’s waters. This $5 billion mega-project, primarily funded by internal resources and national bond
Brazil has entered uncharted territory with the Supreme Court sentencing former president Jair Bolsonaro to 27 years in prison for his role in plotting to overthrow the constitutional order. While Brazil has experienced numerous coup attempts since the end of the monarchy, this is the first time a leader of
Chinese President Xi Jinping on Monday attended a virtual BRICS Summit via video link from Beijing and delivered a speech. The following is the full text of the speech: Forging Ahead in Solidarity and Cooperation Statement by H.E. Xi Jinping President of the People’s Republic of China At the Virtual BRICS
As South Africa prepares to host the G20 summit in Johannesburg this November, the stakes could not be higher. For the Global South, the central question is not about the spectacle of leaders gathered for photo opportunities or the diplomatic choreography that accompanies these meetings. It is whether the G20
Russia and China have solidified a major strategic partnership with the signing of a legally binding agreement to construct the long-delayed Power of Siberia 2 gas pipeline, a project poised to transform global natural gas flows and challenge Western energy influence. The agreement comes as Europe reduces reliance on Russian
In the rapidly changing landscape of the global economy, data has emerged as a cornerstone—fueling decisions that shape the future of nations and businesses alike. For BRICS+, an alliance of some of the world’s largest and most dynamic economies, data holds the potential to drive revolutionary progress. As this bloc