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BRICS Hesitates on Putin’s Call to Move Away From Dollar
(Analysis) The BRICS bloc, comprising Brazil, Russia, India, China, and South Africa, faces a complex challenge. Russian President Vladimir Putin has urged the group to create an alternative to the US dollar-dominated financial system. However, other BRICS members have shown limited enthusiasm for this proposal. At a recent summit hosted by Russia, Putin advocated for […]
Argentina’s Parallel Dollar Dips to 2024 Low
Yesterday in Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1,000 pesos for the first time in 2024. Called the ‘blue dollar’, it hit 990 pesos at close, marking a 40-peso drop from early March. Such a decrease narrows the gap to its smallest since December 2019. […]
Tata to Manufacture WhAP 8×8 Armored Vehicles in Morocco for African Armies
Tata, the Indian industrial giant, has signed a strategic agreement with Morocco. The deal will see Tata produce WhAP 8×8 armored vehicles in Casablanca. This move marks Tata’s first overseas manufacturing plant for military vehicles. The new facility aims to supply the Moroccan Armed Forces and other African armies. Tata Advanced Systems, a subsidiary of […]