Author: BRICS+ News Services

Enhancing Water Purification Efforts through International CooperationThe Ethiopian Ministry of Water and Energy has taken a significant step towards improving water purification efforts by signing a memorandum of understanding (MOU) with Ethio Engineering Group and Czech Republic-based company, APIMOSO. This agreement focuses on the import, assembly, and potential local manufacturing of water filtration machines in Ethiopia. The Minister of Water and Energy emphasized the importance of collaboration with the Czech Republic government, especially in groundwater studies, making this MOU a crucial development in enhancing water resource management in Ethiopia.International Collaboration for Water Purification: The partnership between Ethiopia, Ethio Engineering Group,…

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Sunday, 09 June 2024 17:34 Tehran (IP) – Snap presidential elections will be held in Iran on June 28 after the helicopter carrying late President martyred Raisi and his accompanying delegation including the Iranian Foreign Minister and other officials crashed on Sunday in the Dizmar forest in East Azerbaijan Province. Source link

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Image source, Getty ImagesArticle informationAuthor, Jonathan JosephsRole, Business reporter, BBC News8 June 2024A leading figure in South Africa’s second biggest political party has warned that a failure to fix the economy “might end up with violence that nobody wants”.In the aftermath of the elections Dion George, who oversees economic policy for the Democratic Alliance (DA), has told the BBC that political parties need to “set aside our deeply entrenched ideological perspectives” to get the economy growing again.The African National Congress (ANC), the party that ended white-minority rule in 1994, came first in last week’s polls, but did not win an…

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Nine months ago, John Steenhuisen, who leads South Africa’s second-largest political party, the Democratic Alliance, stood before news cameras and signed an agreement not to work with the long-governing party, the African National Congress.“So help me God,” Mr. Steenhuisen said, raising his right hand and chuckling.But when the African National Congress failed to secure a governing majority in last week’s election and on Thursday invited its political opponents to join forces in a government of national unity, Mr. Steenhuisen moved to the front of the pack of political leaders looking to work with the party he had sworn off.He and…

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Following the imposition of U.S. sanctions on Russia in February 2022 due to the invasion of Ukraine, BRICS initiated a global de-dollarization program. Russia and China led efforts to persuade developing countries to conduct trade in local currencies instead of the U.S. dollar. This initiative has seen some success, with several trade agreements being settled in local currencies. For insights on the sectors in the U.S. that could be impacted by BRICS’ move away from the dollar, click here. In a recent update, the U.S. Federal Reserve acknowledged that the sanctions against Russia have accelerated the de-dollarization process. BRICS: Sanctions…

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On 30 April, researchers, farmers and representatives of agribusiness associations gathered at the Getulio Vargas Foundation in São Paulo to discuss trade relations between Brazil and China. The focus of the debate was soy and meat exports to the Asian nation and the possible – or necessary – “routes to sustainability”. After opening the event, supported by The Nature Conservancy (TNC), the director of the China-based Centre for Agricultural and Rural Development, Kevin Chen, took to the lectern to explain how Chinese figures see the current and future scenario with their largest food supply partner. “We know that climate change…

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Jun 08, 2024 16:24 5 min read (Updated: Jun 08, 2024 16:25) Brazil’s credit concentration fell over the last three yearsPractically a decade since the opening of the acquiring and payments market through new regulations, which gave way to the opening of the banking sector, the level of industry concentration continues to fall in Brazil, according to the Central Bank’s latest Banking Report.State of play. The four largest banking conglomerates in the country (Itaú, Bradesco, Banco do Brasil, and Caixa) ended 2023 with 57.8 percent of the credit market and 57.9 percent of total deposits — down 1.1 and 1.8…

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The move is intended to help avoid mass blackouts due to energy infrastructure damage from Russian airstrikes The Ukrainian government on Friday ordered all state institutions to stop using air conditioning and switch off outdoor lighting to ease pressure on the energy grid due to damage from Russian airstrikes. The decision was announced by Prime Minister Denis Shmigal on his official Telegram channel.According to the senior official, the measure will be in force throughout the summer and will help save power, avoiding the mass outages that have plagued the country over the past several months.“The situation in the energy sector…

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A visitor watches an automatic car washing robot at Karcher booth at the Consumer Goods Exhibition Area of the 4th China International Import Expo (CIIE) in east China’s Shanghai, Nov. 6, 2021. (Xinhua/Liu Ying)In a survey conducted by the German Chamber of Commerce in China among German enterprises about their future prospects, most respondents believed that within the next five years, they will have a bright and prosperous future in the industry.STUTTGART, Germany, June 9 (Xinhua) — Amid a sluggish global economic recovery, German executives voiced their dedication to enhancing their market presence in China during a promotion event for…

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Raksha Khadse, MP from Raver in MaharashtraRaksha Khadse won the 2024 Lok Sabha Elections on a Bharatiya Janata Party ticket from Raver, Maharashtra. As Narendra Modi and close to 30 ministers will take oath today at Rashtrapati Bhavan, it will be interesting to see if Raksha Khadse gets a cabinet berth. Who is Raksha Khadse?– Raksha Khadse is a two-time MP from  Raver. She became the youngest MP after winning the 2014 Lok Sabha Elections. Ms Khadse was re-elected in 2019.– As per her social media bio, Ms Khadse is “ Passionate About Women Empowerment, Child Education & Farmers Welfare.”– Ms Khadse’s…

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