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The Latest Breaking News from the Global South

How the BRICS nations failed to rebuild the global financial order

At its launch almost a decade ago, the BRICS nations’ New Development Bank (NDB) was celebrated as a chance for countries across the Global South to break free of the US-dominated IMF and World Bank and rewrite the rules of financing global development. But while the number of nations signed…

France 24

India welcomes consensus-based approach to expand BRICS: PM

One of the main issues that is forming the backdrop of the expansion-related dialogue at BRICS is Russia’s quest to create an alternative to the G-7-driven global political-economic model. This has acquired urgency since the western nations unleashed economic sanctions against Moscow after Mr. Putin launched the war against Ukraine…

The Hindu

India ‘fully supports’ BRICS expansion as summit continues

South African officials say more than 40 countries from the Global South have shown interest in joining the BRICS bloc.

Al Jazeera

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PM Modi, South African President Ramaphosa discuss regional & multilateral issues of mutual interest

PM Modi met South African President Ramaphosa in Johannesburg to review bilateral ties, exchange views on regional & multilateral issues & strengthen the Global South.

The Hindu

Can BRICS end ‘apartheid’ against the Global South?

As the grouping of five emerging economies meets in South Africa, here’s what to expect.

Al Jazeera

BRICS a platform to discuss concern for the Global South...: PM Modi while leaving for Johannesburg

'This summit will provide a useful opportunity for BRICS to identify future areas of cooperation and review institutional development.' Read further on Dynamite News:

Dynamite News

Can BRICS create a new world order?

Dozens of nations want to join the club as an alternative to the US-led order. But internal fissures could limit BRICS.

Al Jazeera

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BRICS 2023 summit: Common currency, membership expansion, Ukraine on agenda

South Africa hosts a summit of the BRICS group of nations and others in the Global South next week who are seeking to balance Western dominance of the world order while dealing with their own internal divisions.

The Times of India

India, Brazil and rest of global south break away from the US-led world order

NEW DELHI: Let Trade Run Free. Tie your currency to the US dollar. Align your foreign policy with America’s. The US and its Western partners wrote these economic rules, a cornerstone of the world order prevailing since World War II. Now developing countries, often called the Global South, are quietly…

The Times of India

Deadly Russian strike on east Ukraine kills several on residential estate

Two Russian missile strikes on the east Ukrainian city of Pokrovsk, including on a residential building, killed at least five people and wounded 31 others, Kyiv said. Meanwhile, Ukrainian troops are creating conditions to advance forward step-by-step and have the initiative on the battlefield, Ukraine's commander-in-chief said on Monday. Read…

France 24

Will Ukraine be able to win over the Global South in its fight against Russian aggression?

I was running from my home in Kyiv as the Russian army occupied Bucha, Gostomel and Irpin in the early stages of its invasion of Ukraine in 2022.

The Conversation

Mozilla is probing TikTok’s role in elections

The Mozilla Foundation launched a research division last month to investigate the influence of online platforms on elections in the Global South.

Fortune

The Global South is on the rise – but what exactly is the Global South?

The unwillingness of many leading countries in Africa, Asia and Latin America to stand with NATO over the war in Ukraine has brought to the fore once again the term “Global South.”

The Conversation

Exclusive: EU Commissioner Jutta Urpilainen announces fresh aid to Niger

Talking Europe interviews Jutta Urpilainen, the EU Commissioner for International Partnerships, who is in charge of overseeing official development assistance. She announces exclusively on FRANCE 24 a fresh €66 million package for Niger, to be spent on education. Urpilainen stresses that development aid is part of geopolitical competition, and that…

France 24

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The Conversation

Paris hosts summit to secure debt relief and climate cash for developing countries

On 22 and 23 June, Paris is hosting a summit for a “New Global Financing Pact” at the Palais Brogniart. Heads of state, international organisations and representatives of civil society will be gathering to discuss ways to boost solidarity toward the Global South. The aim is also to contribute to…

The Week

Active nonalignment: the Global South’s new foreign policy in face of Ukraine war

Boston University’s Jorge Heine explains why the Global South is seeking to maintain good relations with both the United States and China.

The Hindu

PM urges G-20 agri ministers to focus on ensuring food security

Prime Minister Narendra Modi in his video message to G-20 Agriculture Ministers meet urges them to realilse they shoulder the responsibility of future of humanity

The Conversation

South Africa's role as host of the BRICS summit is fraught with dangers. A guide to who is in the group, and why it exists

South Africa will host the BRICS summit in August 2023. The event could offer the country an opportunity to exercise leadership in the BRICS’ efforts to reform the arrangements for global economic governance and in supporting sustainable and inclusive development in Africa and the Global South. However, the opportunity has…

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Reuters

Ukraine peace plan is only way to end Russia's war, says Zelenskiy aide

Kyiv's peace plan is the only way to end Russia's war in Ukraine and the time for mediation efforts has passed, a top aide to President Volodymyr Zelenskiy said.

Bangkok Post

Trying to keep small islands afloat

It is too early to tell whether all the talk about reforming development finance at this year's International Monetary Fund and World Bank Spring Meetings will translate into meaningful policy action for the Global South. But multilateral financial institutions increasingly recognise the need to evolve to remain relevant in light…

The Conversation

Improving how the IMF does business could help billions of people worldwide — by giving governments money to spend on public goods and increasing accountability. Podcast

In countries across the Global South, the launch of IMF programs often sparks considerable concern. This is because of the IMF’s reputation: during the 1980s, many nations in Africa, Asia and Latin America turned to the IMF seeking loans to mitigate economic challenges. These loans were accompanied by stringent conditions,…

The Conversation

At a G7 summit high on ambition, nuclear disarmament takes a backseat to Zelensky's diplomatic appeals

Hiroshima, the site of this year’s G7 summit, is one of just a handful of places in the world that provides a stark reminder of the horrors of war.

Tribune News Service

Zelenskyy meets with India’s Modi on sidelines of G-7 summit

Volodymyr Zelenskyy met with Indian Prime Minister Narendra Modi on the sidelines of the Group of Seven summit, as the Ukrainian president uses his visit to Japan to speak with leaders of countries who have taken a more neutral stance over Russia’s invasion.

Al Jazeera

Why does the G7 summit have 16 seats at the table?

Japanese PM Kishida has expanded the G7’s guest list as he seeks to boost ties with middle-power countries.

Tribune News Service

Ukraine’s Zelenskyy treks to G-7 to see the other invited guests

Ukrainian President Volodymyr Zelenskyy lands in Japan on Saturday afternoon with a key objective: to speak in person with leaders from countries like Brazil and India who have taken a more neutral stance over Russia’s invasion.

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