Author: BRICS+ News Services

Russian shelling and aerial attacks killed two people in southern and northeastern Ukraine Saturday, authorities said, a day after the United Nations warned monthly civilian casualties had reached near-year highs. At least 174 civilians were killed in Ukraine in May, the deadliest month since June 2023 as Russian forces pushed into the northeastern Kharkiv region, capturing several towns and villages, the UN’s deputy relief chief said Friday. In the southern Kherson region, more than half of which is occupied by Moscow, Russian shelling killed a 60-year-old woman in the village of Dudchany, governor Oleksandr Prokudin said. In the Kharkiv region,…

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The United States (US)-China trade war has escalated from the US banning Chinese apps to targeting domestic companies having close ties with the Chinese government. Recent anti-China legislation under the Biden administration indicates increasing economic hostility to counter Chinese trade practices on the grounds of a threat to US national security. US President Joe Biden (AP) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The anti-China trade policy aims to protect American jobs and businesses from China’s unfair trade practices in technology transfer, intellectual property, and innovation. The Biden administration is concerned about the unfair trade practices which put American companies in a challenging…

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Tokyo CNN  —  Japan’s fertility rate, which has seen a precipitous fall for many years, has reached another record low as the government ramps up efforts to encourage young people to get married and start families — even launching its own dating app.The nation of 123.9 million people only recorded 727,277 births last year, according to new data released by the Ministry of Health, Labour and Welfare on Friday. The fertility rate – defined as the total number of births a woman has in her lifetime – dropped from 1.26 to 1.20.For a population to remain stable, it needs a fertility rate…

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ADDIS ABABA, EthiopiaIn a significant political development, the Ethiopian parliament on Tuesday passed legislation allowing the Tigray People’s Liberation Front (TPLF), which was previously banned for waging war against the federal government, to re-register with the National Election Board of Ethiopia (NEBE).The amended law, officially titled the “Electoral, Political Parties Registration, and Electoral Ethics Proclamation,” was approved by a majority of the 547-member House of Peoples’ Representatives, with two members voting against it and one abstaining.The amendment includes provisions that allow political parties accused of “violently and illegally operating” to register under “special conditions.”During the parliamentary session, government representative Tesfaye…

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Iran Press/ Iran news: Iran’s Acting Foreign Minister Ali Bagheri Kani has met Indonesian Foreign Minister Retno Marsudi. Senior Iranian diplomat urged the expansion of relations with Indonesia as a major Asian country and called for the joint economic committee of Iran and Indonesia to convene in due time. Bagheri Kani on the Israeli Genocide in Gaza said that the human duty of Muslim countries is to provide support for the people of Gaza. The Indonesian foreign minister, for her part, pledged Jakarta’s determination to implement the agreements already signed with Tehran. Marsudi said that her country will use every effort to support the Palestinians’ legitimate right…

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Reading Time: 2 minutesInformal businesses in eMagwaveni area of Tongaat, north of Durban, are struggling to operate following the storm that left many people homeless. The area has been without electricity for the past few days. The storm caused damage to houses and schools. 7000 people are affected by the storm across the province of KwaZulu-Natal. Life has not returned to normal for the people of KwaZulu-Natal residing in areas affected by recent bad weather. More than ten people lost their lives and many got injured. The storm had a devastating effect to informal businesses. Phakamile Mngomezulu and Nontuthuzelo Nsangwana…

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On June 5, images of Sirajuddin Haqqani, the acting minister of interior affairs for the Taliban’s Islamic Emirate, in the United Arab Emirates, meeting and shaking hands with officials from the affluent Gulf nation, ignited fervent speculation and debate.  It signifies a notable shift in regional dynamics, representing a significant development with potentially serious implications for Afghan and global security. As Afghanistan navigates a delicate transition period following the Taliban’s takeover, Haqqani’s diplomatic foray into the UAE underscores the complex interplay of actors and interests shaping the nation’s future. The image of Haqqani, captured with a rare smile, standing alongside…

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Several developing countries are relying on the BRICS alliance to get rid of their economies’ dependency on the US dollar. Developing nations in Asia, Africa, South America, and Eastern Europe are impressed with the BRICS de-dollarization agenda and find it lucrative. The majority of these nations are aiming to join the BRICS bloc after the summit in October 2024. Also Read: BRICS: Russia Dumps $4.5 Billion in U.S. Bonds Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Ending dependency on the US dollar will provide an opportunity to…

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In May, Brazil’s federal revenue experienced an 11% year-over-year increase, adjusted for inflation, up from April’s 8.3% rise, as reported by BTG bank. The Treasury encountered delays in tax payments from companies in Rio Grande do Sul. BTG forecasts a significant May deficit of R$58.1 billion ($10.92 billion). This amount far exceeds Prisma Fiscal’s prediction of R$38.5 billion ($7.24 billion). It includes R$6.7 billion ($1.26 billion) in special credits for Rio Grande do Sul and R$9.4 billion ($1.77 billion) for parliamentary amendments. Rising social security costs also contribute to the deficit. BTG’s revised social security expenses now total R$915 billion…

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