Azerbaijan Anticipates Boost in Trade with Egypt by 2024, Says Ambassador Azerbaijan is set to see a substantial rise in trade turnover with Egypt by the close of 2024, according to Azerbaijani Ambassador to Egypt, Elkhan Polukhov. In an interview with Ahram Online, the ambassador highlighted the burgeoning economic ties between the two nations, as reported by News.Az. Ambassador Polukhov underscored the keen interest Azerbaijani firms have in the Egyptian construction sector, remarking on the significant economic potential that exists. "There is a huge economic potential. According to our statistics in 2023, the trade reached a little over $13 million.…
Author: BRICS+ News Services
In preparation for the critical discussions on the enhancement of bilateral relations between Russia and Congo, a joint intergovernmental commission meeting has been scheduled for September. This strategic engagement underscores the commitment of both nations to deepen their cooperation in multiple sectors. Russian Foreign Minister Sergey Lavrov convened with his Congolese counterpart, Jean-Claude Gakosso, in Moscow, shortly after Lavrov’s diplomatic visit to Brazzaville. According to the Russian Foreign Ministry, both ministers delved into the prospects of strengthening bilateral relations, focusing significantly on the activities of the joint intergovernmental commission slated to meet in September. “The parties stressed the importance of…
Indian Prime Minister Narendra Modi is slated to meet with Russian President Vladimir Putin in Moscow early next month, as reported by both Indian and Russian media outlets on Monday. This visit underscores the ongoing diplomatic relations and strategic engagement between the two nations. According to The Tribune, a prominent Indian English-language newspaper, Modi is expected to visit Moscow on July 8. Although the publication did not cite specific sources, it emphasized that the visit aims to “underline the engagement” between India and Russia. The forthcoming meeting highlights the significance both countries place on fostering robust bilateral relations amidst a…
18th Lok Sabha’s Second Day Sees Historic Developments and Contentious Moments New Delhi, June 25, 2024 — The second day of the inaugural session of the 18th Lok Sabha witnessed unprecedented events and dramatic moments. The ruling National Democratic Alliance (NDA) has re-nominated Om Birla for the position of Lok Sabha Speaker. In a striking turn of events, however, the Congress party decided to field its candidate, K. Suresh, after consensus efforts failed. This marks a historic deviation, as this is the first time in independent India’s parliamentary history that an election will be contested for the Speaker’s post. Traditionally,…
Airbus Revises Delivery Targets and Financial Forecasts Amid Supply Chain Challenges PARIS — Airbus has adjusted its key industrial and financial targets while incurring a significant €900 million ($965 million) charge for its beleaguered space activities, as Europe’s largest aerospace group contends with supply chain disruptions and commercial risks. In response to increasing doubts from suppliers about its jet output plans, Airbus has reduced its forecast for aircraft deliveries this year from around 800 to approximately 770. Additionally, the company has delayed its plans to boost production of its popular A320neo family, moving the target to achieve a record production…
Russian President Vladimir Putin recently concluded a historic visit to North Korea, where he and the nation’s supreme leader, Kim Jong Un, signed a "comprehensive strategic partnership agreement." This pact encompasses several critical elements, most notably provisions for mutual military assistance in emergencies affecting either Russia or North Korea. The alliance, formalized through this agreement, represents a profound shift in geopolitical allegiances and poses significant implications for global security, particularly in East Asia. The consolidation of this Moscow-Pyongyang alliance is alarming not only due to its impact on the ongoing conflict in Ukraine but also for the broader implications it…
Breaking News: Over 1,300 Pilgrims Die During Hajj in Saudi Arabia Amid Extreme Heat CAIRO (AP) — In a devastating turn of events, more than 1,300 pilgrims succumbed to the extreme heat during this year’s Hajj pilgrimage in Saudi Arabia, officials confirmed on Sunday. According to Saudi Arabia’s Health Minister Fahd bin Abdurrahman Al-Jalajel, a significant 83% of the fatalities were among unauthorized pilgrims who undertook long treks under the scorching sun. The overall death toll includes over 660 Egyptians, two Cairo-based officials disclosed. Egypt has responded by revoking the licenses of 16 travel agencies responsible for facilitating the illegal…
As BRICS Expands, USDT Emerges as Possible Counterweight to De-Dollarization As the BRICS coalition—comprising Brazil, Russia, India, China, and South Africa—welcomes new members and vigorously pursues its de-dollarization strategy, a compelling question arises: Could the Tether (USDT) stablecoin serve as the United States’ hidden key to maintaining its economic dominance? The potential impacts on both the cryptocurrency landscape and the global economy are profound. Expanding BRICS and Its De-Dollarization Ambitions Recently, the BRICS alliance extended an invitation to Iran, signaling its growing objective to contest the supremacy of the U.S. dollar. This strategic maneuver underscores the bloc’s concerted efforts to…
Malaysia and Thailand Initiate Steps to Integrate into BRICS In a significant geopolitical development, Malaysia and Thailand have begun formal procedures to join the BRICS group, a consortium of emerging economies comprising Brazil, Russia, India, China, and South Africa. The inclusion of these Southeast Asian nations into the BRICS framework marks a pivotal shift in the global economic landscape, reflecting Asia’s rising influence and strategic importance. Historically, BRICS has aimed to create a multipolar world order that challenges the predominance of traditional Western-dominated financial institutions like the International Monetary Fund (IMF) and the World Bank. Established in 2009 with the…
ExecuJet MRO Services South Africa Sets New Benchmark in Airframe Heavy Maintenance Johannesburg, South Africa – In an extraordinary stride toward advancing Africa’s aviation industry, ExecuJet MRO Services South Africa is anticipated to achieve an unprecedented milestone in airframe heavy maintenance checks this year. Based out of Lanseria International Airport in Johannesburg, the company’s hangar, capable of accommodating up to 14 aircraft of various sizes, has become a focal point of aviation excellence on the continent. This year’s projections indicate that the firm will surpass its previous annual record of seven checks by completing no fewer than 11 comprehensive maintenance…