Author: BRICS+ News Services

India News Manch 2024: Key Insights from Lok Sabha MP Chandrashekhar Azad on Indian Politics At the India News Manch 2024 event held at the Le Meridien Hotel in Connaught Place, New Delhi, Lok Sabha MP Chandrashekhar Azad shared his candid perspectives on a range of political topics. The event, hosted by India News UP’s resident editor Ajeet Singh, provided a platform for in-depth discussions on UP and national politics, with notable mentions of figures like Akhilesh Yadav and Mayawati. Completing the Unfinished Work Kicking off the session, Azad emphasized his dedication to completing his "unfulfilled work." He remarked, "Whatever…

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London High Court Upholds Puberty Blocker Ban for Children: A Step Towards Evidence-Based Medicine In a significant ruling on Monday, the High Court in London upheld the ban on prescribing puberty-blocking drugs to children, a measure initially enacted in March by the previous Conservative government. The ban, introduced amid a contentious debate over transgender rights and youth healthcare, has now been affirmed as rational and necessary by Justice Beverley Lang. Background: Policies and Controversies The ban imposed by the Tory government restricted the National Health Service (NHS) from administering puberty blockers outside of clinical trials and prohibited private suppliers from…

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Egypt-Saudi Arabia Economic Ties Strengthened through High-Level Discussions CAIRO, July 29, 2024 — Hassan El-Khatib, Egypt’s Minister of Investment and Foreign Trade, met with the Saudi Ambassador to Egypt, Saleh bin Eid Al-Husseini, to discuss enhancing economic ties and increasing Saudi investments in Egypt. El-Khatib emphasized Egypt’s commitment to deepening its strategic economic partnership with Saudi Arabia across various sectors. He stressed the importance of implementing a comprehensive strategy to explore new avenues for bilateral investments and enhancing communication with key Saudi enterprises to identify collaborative opportunities. The discussions also highlighted streamlining investment procedures, providing necessary support to Saudi investors,…

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US Dollar’s Resilience Challenges BRICS De-Dollarization Efforts In July 2024, the US dollar has once again demonstrated its formidable strength, posing significant challenges to the de-dollarization agenda championed by the BRICS nations—Brazil, Russia, India, China, and South Africa. Despite concerted efforts, the currencies of these emerging economies have continued to slide, making little headway against the dominance of the USD. As of the latest developments, the Indian rupee hit an all-time low of 83.73 against the US dollar. Meanwhile, the Chinese yuan, which has been at the forefront of the de-dollarization push, has plunged to a seven-month low. The Japanese…

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Former President Jacob Zuma Expelled from ANC: A Look at the Political Turmoil in South Africa In a significant move that has sent shockwaves through South Africa’s political landscape, the disciplinary committee of the ruling African National Congress (ANC) has decided to expel former president Jacob Zuma. The decision, yet to be formally announced, stems from Zuma’s involvement in leading a rival political group into the May elections. This expulsion is detailed in a leaked document dated July 29, as reported by several media outlets and seen by AFP. The Expulsion Decision The disciplinary proceedings against Zuma, a still-popular figure…

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The Next Potential U.S. President: Tied to the Incumbent, Yet Promising Change As the United States approaches another pivotal election season, the political landscape is abuzz with speculation and anticipation. A prominent figure in this unfolding drama is someone intricately linked to the current administration but whose distinct approach suggests a potential shift in governance style. In recent years, the political climate has been characterized by strong partisanship and contentious debates. The incumbent president, having served a term marked by significant policy changes and administrative challenges, is seeing his potential successor rise in prominence. This successor, while closely associated with…

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Brazilian Tech Firm Wide Labs Unveils Amazônia IA at National Conference Porto Alegre, Brazil – Wide Labs, a rapidly growing tech company based in Porto Alegre, has announced the development of Amazônia IA, one of the first language models (LLM) created specifically for Brazilian Portuguese. This groundbreaking initiative will be showcased at the National Conference on Science, Technology, and Innovation in Brasília, where President Lula is set to unveil a national plan to boost artificial intelligence (AI) development. Amazônia IA: A New Chapter in Brazilian AI Named after the Amazon rainforest, Amazônia IA is described as robust, delivering high-precision results.…

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Italy’s Prime Minister Meets President Xi in Beijing to Strengthen Bilateral Ties In a significant diplomatic move, Italy’s Prime Minister Giorgia Meloni has underscored the importance of China as a key global interlocutor during her recent meeting with Chinese President Xi Jinping in Beijing. This marks her first visit to China since taking office, reflecting a concerted effort to fortify economic cooperation and manage global tensions effectively. President Xi praised the "long-established friendly" ties between Beijing and Rome, emphasizing the pillars of "tolerance, mutual trust, and mutual respect." The summit culminated in the signing of a three-year plan aimed at…

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[ The 27th of July is a day of celebration and remembrance in North Korea, where the legendary tales of miracles and heroes of the Fatherland Liberation War are honored. This year marked the 71st anniversary of the great victory, and the capital city of Pyongyang was filled with pride as a ceremonial march commemorating the units of the war took place. The plaza of the Pyongyang Indoor Stadium was adorned with portraits of the first defenders of the Republic, revered for their role in saving the country and its people. The ceremony was attended by war veterans, senior officials,…

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Egypt’s Economic Prospects: Analyzing the Projected Growth for FY 2024/2025 In a recent Reuters poll, Egypt’s economic forecast for the fiscal year (FY) 2024/2025 has been adjusted to a growth rate of 4 percent, a decline from earlier predictions. This downward revision follows previous estimates of 4.35 percent in April and 4.15 percent in January, reflecting a shift in economic expectations. Current Economic Landscape The survey, encompassing insights from 17 economists, revealed that Egypt’s economy posted a 2.9 percent growth for the fiscal year ending on June 30th, 2024. This fell short of prior April expectations of 3 percent and…

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