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The Latest Breaking News from BRICS

The Brazilian Real- Steady at the Twenty Cents Level Against the U.S. Dollar

The exchange rate between the Brazilian real and the U.S. dollar has been steady around the $0.20 level. Brazil is a leading commodity-producing and exporting country and South America’s leading economy and most populous nation.

Barchart

South Africa grants Putin and Brics leaders diplomatic immunity for summit

ICC warrant for Russian president’s arrest issued in March over alleged war crimes in Ukraine

The Guardian - UK

Kremlin says Russia will take part in BRICS summit at 'proper level'

The Kremlin said on Tuesday that Russia would take part at the "proper level" in a planned summit in South Africa of the BRICS nations, responding to a question on whether President Vladimir Putin would attend the gathering.

Reuters

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South Africa’s pact with Russia – and its actions – cast doubt on its claims of non-alignment

Since Russia’s invasion of Ukraine in February 2022 South Africa has proclaimed a policy of non-alignment in that conflict. This position was placed in doubt when US Ambassador Ruben Brigety claimed recently that he had evidence that South African arms and ammunition were loaded on a Russian ship in December…

The Conversation

South Africa under more scrutiny over Russian ship as ruling ANC says it would 'welcome' Putin

The South African government has come under growing pressure after it declined to release cargo documents relating to the visit by a Russian ship that the United States alleges collected a consignment of weapons for Moscow

The Independent UK

The paradox of BRICS, its new pathway

Multilateral groupings may lose some of their relevance, but they still exist, as the BRICS example shows

The Hindu

We are closer than ever to arresting Putin, but the US must play its part

This summer will be a crisis point for the Russian president, as demands for action intensify, says former UK prime minister Gordon Brown

The Guardian - UK

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A long-drawn test for India’s diplomatic skills

The next 100 days will decide whether India can retain its reputation in forging a fair balance between its conflicting interests across the global divide

The Hindu

S Africa army chief visits Moscow in wake of US weapons claim

Visit to Moscow follows US allegations that weapons were loaded on to a Russian ship in Cape Town in December.

Al Jazeera

South African army general in Moscow days after country accused of sending weapons to Russia

Russia’s top army general and his South African counterpart have discussed “military cooperation” while meeting in Moscow

The Independent UK

South Africa walks a tightrope of international alliances - it needs Russia, China and the west

Relations between the People’s Republic of China and Russia on one hand and the west, specifically the US, on the other have become increasingly tense in recent times. For the US, China and Russia represent authoritarian regimes. For China, the US is the source of global insecurity.

The Conversation

Putin ICC warrant debate goes on in South Africa: What to know

Many in government and opposition are united in proclaiming South Africa’s reluctance to arrest Putin when he visits.

Al Jazeera

China to land astronauts on the moon by 2030, lunar scientist says

China will definitely put boots on the moon within the next seven years, according to a leading Chinese lunar scientist.

Space

What Could Replace the US Dollar as World Reserve Currency?

For the past 90+ years, the US Dollar has been the reserve currency of the world. Yet in recent years, that dominance has been shrinking. Speculation has been surging that there is a new challenger on the horizon to ultimately unseat the Greenback. What will it be?

Barchart

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The Times of India

19 countries express interest in joining BRICS group

CAPE TOWN: Nineteen countries expressed an interest in joining the BRICS group of nations as it prepares to hold an annual summit in South Africa.

Reuters

Kremlin: Putin to decide whether to attend BRICS meeting in S.Africa closer to time

The Kremlin said on Monday that President Vladimir Putin would decide whether to attend a BRICS conference in South Africa in August closer to the time.

Bangkok Post

Brazil's Lula throws Brics at the US dollar

The writing was on the wall. But when Brazil's left-wing president Luiz Inacio "Lula" da Silva visited China recently, he flamboyantly underscored economic and security ties between Latin America's largest democracy and the world's largest dictatorship. Significantly he took steps to decouple much of Brazil's vibrant commerce from using the…

Bangkok Post

Xiplomacy: China and Brazil -- friends oceans away

BEIJING, April 16 (Xinhua) -- "I've gotten a job, bought a sofa and a refrigerator with the money I earned, plastered the exteriors of my house with cement, have access to the Internet at home, and learned how to make business contacts, purchase and market online. All my dreams have…

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France 24

Did Vladimir Putin really defy his arrest order to travel to South Africa? In short, nope

Did Vladimir Putin recently go to South Africa, defying the arrest warrant issued by the International Criminal Court? That’s the claim made by at least two videos that have been shared thousands of times on TikTok and Facebook since late March. This footage, however, is old and doesn’t in any…

France 24

Brazil's Lula takes swipe at IMF and World Bank on China trip

Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions". The NDB was created by the BRICS group and is headed by his predecessor Dilma Rousseff. Meanwhile in Washington,…

The Independent UK

Brazil’s Lula visits China, seeking ties and Ukraine support

Brazilian President Luiz Inácio Lula da Silva is heading to China to strengthen ties with his nation’s biggest trade partner and win support for his long shot push for peace in Ukraine

The Conversation

ICC arrest warrant for Vladimir Putin: a king-size dilemma for South Africa

The International Criminal Court (ICC) has issued an international arrest warrant for Russian president Vladimir Putin for alleged war crimes regarding the unlawful deportation of children from Ukraine to Russia. Such acts are war crimes under two articles of the Rome Statute, which established the court.

Reuters

South Africa aware of legal obligations regarding Putin visit

South Africa is aware of its legal obligation, a spokesperson for President Cyril Ramaphosa said on Sunday, referring to a proposed visit by Vladimir Putin after an international court issued an arrest warrant against the Russian leader.

Reuters

Brazil's Lula wants former President Rousseff to run New Development Bank

Brazilian President Luiz Inacio Lula da Silva confirmed he will appoint former President Dilma Rousseff to head the New Development Bank (NDB) when there is a vacancy, Lula said on Thursday referring to the institution the BRICS group of emerging economies established.

The Conversation

When two elephants fight: how the global south uses non-alignment to avoid great power rivalries

An African proverb notes that “when two elephants fight, it is the grass underneath that suffers”.

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