Is the concept of the Brics conglomerate still valid?
And then there were two. One of the extraordinary features of the global economy over the past year has been the downgrading, you might say demise, of two of the Brics (Brazil, Russia, India, China and South Africa). ||| AND then there were two. One of the extraordinary features of the global economy over the past year has been the downgrading,...
Economic might to decide Russia conflict
German Finance says economic strength, rather than military might, would ultimately determine outcome of West’s standoff with Russia over Ukraine ||| Washington – German Finance Minister Wolfgang Schaeuble said on Thursday that economic strength, rather than military might, would ultimately determine the outcome of the West’s...
Disabled ‘condemned to life in institutions’
Growing numbers of disabled children in Ukraine are reportedly being condemned to life in institutions blighted by neglect and abuse. ||| Kiev, Ukraine – An international rights group says growing numbers of disabled children in Ukraine are being condemned to life in orphanages and institutions blighted by neglect and abuse.Disability...
MH370 search zone to be extended
Government ministers said that they would extend the search for missing Flight 370 if the wreckage is not found in the current search area. ||| Sydney – Government ministers from Australia, China and Malaysia on Thursday said that they would extend the search for missing Malaysia Airlines Flight MH370 by an additional 60 000 sq kilometres...
China Economy To Slow, Hurting Australia: IMF
The news that Australia faces a $30 billion revenue hit over the next four years as a result of lower iron ore prices, combined with a slowdown in China’s growth, spells bad news for the Australian economy. This report looks at predictions for the wider global economy. A crackdown on cheap credit in China is expected to help reduce the rate...
Cuba, US face bumpy road ahead
Cuba and the United States just made history. Now comes the hard part. ||| Panama City – Cuba and the United States just made history. Now comes the hard part. In the first meeting of its kind in nearly 60 years, President Barack Obama and Cuban leader Raul Castro sat down together for over an hour on Saturday at a regional summit in...
Rubio to launch Republican presidential bid
Marco Rubio will portray himself as the Republican most ready to handle threat to America in a chaotic world when he announces his presidential candidacy. ||| Miami/ Washington – US Senator Marco Rubio will make a muscular foreign policy a focal point when he announces his presidential candidacy on Monday, portraying himself as the...
Athens due to service IMF debt
Greece is due to make its 459-million-euro April loan payment to the International Monetary Fund. ||| Athens – Greece is due to make its 459-million-euro ($495-million) April loan payment to the IMF on Thursday following days of uncertainty, but the European nation’s ability to honour its debts remains a source of acute anxiety to...
Greece gets support, not money from Russia
Russian President Vladimir Putin offered Greek Prime Minister Alexis Tsipras moral support and long-term cooperation but no financial aid. ||| Moscow – Russian President Vladimir Putin offered Greek Prime Minister Alexis Tsipras moral support and long-term cooperation but no financial aid on Wednesday, leaving Athens to fend for itself in...
Ukraine challenges oligarchs’ grip
Ukraine’s judicial authorities are challenging tenders that gave big businessmen control over key power companies under ousted president Viktor Yanukovich. ||| Kiev – Ukraine’s judicial authorities launched actions on Tuesday challenging tenders that gave big businessmen control over key power companies under ousted president...
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Not only Russia. How populists destroy the greatness of the West Wednesday, October 4, 2023 - 06:27 (EEST)
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