In the midst of Ethiopia’s ongoing political turmoil, a contentious article penned by Meskerem Abera has surfaced, proposing a solution to the nation’s deep-seated issues. The article, titled “The Fate of Ethiopia: Negotiated or Brokered Peace?” published on a platform recently, advocates for a negotiated settlement to the ethnic conflicts that have long plagued the country. However, questions have been raised about the authorship of the article, given that Abera is currently a political prisoner under Prime Minister Abiy Ahmed’s regime. This controversy surrounding the article calls for a closer analysis of both the authorship and the proposed solution presented…
Author: BRICS+ News Services
Egypt’s Central Bank Takes Bold Steps to Tackle Rising Inflation and Currency Instability In a recent interview with Xinhua, Egyptian economist Fakhri al-Fiqi discussed the recent decisions made by Egypt’s central bank to float the local currency and raise interest rates by six percent. These measures are aimed at curbing the increasing inflation rates and stabilizing the currency exchange market, according to al-Fiqi, who is also a professor of economics and head of Egypt’s parliamentary planning and budget committee. The country has been grappling with soaring urban inflation, which escalated to 35.7 percent in February from 29.8 percent in January,…
Princess Kate Middleton, in her role as the beloved Princess of Wales, made a triumphant return to the public eye on June 15, following her brave revelation of a cancer diagnosis. This momentous occasion coincided with the Trooping the Colour ceremony, a grand annual military parade in central London celebrating the birthday of King Charles. During the festivities, all eyes were on Prince Louis, the youngest son of Princess Kate and Prince William, as he delighted onlookers with his charming dance moves on the balcony of Buckingham Palace. The adorable six-year-old’s impromptu performance brought a smile to his mother’s face…
The long-term economic repercussions of Russia’s military conflagration in Ukraine have sparked widespread discussions and analyses among experts worldwide. Since Russia’s comprehensive invasion of Ukraine in 2022, the Western nations have implemented more than 16,000 sanctions on Russia with the aim of debilitating the economy that fuels the Kremlin’s military endeavors. However, contrary to expectations, Russia’s economy has exhibited unexpected resilience, with the International Monetary Fund (IMF) estimating a 3.5% GDP growth in 2023 and a projected growth of 3.2% in 2024. The Kremlin’s adept handling of the economic situation, backed by heightened military expenditures and strategic alliances with countries…
In recent years, a less conspicuous shift in the global arena has been the United States’ utilization of the G7 as a strategic tool in the transatlantic system. The reduction of the G8 to the G7 in March 2014, a consequence of developments in Ukraine, indicated no forthcoming peace dividend in the post-Cold War era. Initially formed to navigate global economy affairs, the G7 has evolved into a medium for preserving U.S. world dominance. Marginalizing Russia and recently China as well has become its recurring theme. In the wake of the West’s unsuccessful attempt to isolate Russia, the G7’s sense…
South Africa’s political landscape witnessed a pivotal moment as Cyril Ramaphosa secured a second term as president, thanks to a groundbreaking agreement with opposition parties. The deal, struck at the eleventh hour following intense negotiations, saw the Democratic Alliance (DA) formally align with Ramaphosa’s African National Congress (ANC), signaling a historic shift in power dynamics. Ramaphosa, a prominent figure in South African politics since the anti-apartheid struggle, faced a challenge as the ANC lost its majority in the recent election. However, with the support of lawmakers from the DA and other smaller parties, Ramaphosa clinched victory in a secret ballot…
In a robust display of democratic fervour, the Iranian election campaign is in full swing as six contenders vie for the highest office in the country. Through a series of speeches, roundtables, television interviews, and whistle-stop tours across the culturally rich Persian geography, the candidates are putting forth their best efforts to make their voices heard. Political heavyweight Pezeshkian initiated his election tour in the historic city of Qom with a rally that saw the attendance of common townsfolk, eminent religious scholars and grand clerics. Qom, historically significant as a centre of Shi’a scholarship and home to the revered Marjas…
Battling escalating costs linked to the Gripen program, the Brazilian Air Force (FAB) is contemplating the procurement of used American F-16 aircraft, a move seen as an interim defense solution. This tactical pivot, affirmed by FAB officials, has ignited a fervent discussion in military discussions across the nation. FAB officials have clarified that this contemplation in no way relates to the operational capabilities of the Gripen. FAB is currently in the phase of data collection, with neither the quantities nor the types of aircraft defined as yet, laying emphasis on the fact that negotiations with other governments or companies have…
China has heavily invested in Southeast Asia’s infrastructure, particularly in Malaysia under the Belt and Road Initiative. One significant project, the East Coast Rail Link in Peninsular Malaysia, led by Minister Loke, is set to be completed in 2027 with an estimated cost of 50 billion ringgit (US$10.6 billion), providing both freight and passenger services. However, Malaysia’s relationship with China has faced challenges in the past. Several Belt and Road projects were halted or left in uncertainty following the removal of former Prime Minister Najib Razak in 2018. The Forest City mega-project in southern Johor state, which once stood as…
Malawi’s esteemed academic, Professor Richard Mkandawire, has been honored with the inaugural Afreximbank Research and Innovation Competence award for his outstanding contributions to the field of agriculture. This prestigious award, presented during the annual meeting in Nassau City, recognizes Professor Mkandawire’s significant role in advancing research development and capacity building within Africa’s agriculture and food systems. Furthermore, Professor Mkandawire’s remarkable achievements include his pivotal role in the conceptualization and implementation of the Comprehensive Africa Agriculture Development Programme (CAADP) during his tenure as the Head of CAADP at NEPAD. His visionary leadership has been instrumental in driving impactful and evidence-based policies…