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Over 40 nations are showing interest in becoming members of BRICS, a bloc originally formed by Brazil, Russia, India, and China in 2009, with South Africa joining a year later. South Africa’s ambassador, Anil Sooklal, reported that 22 countries have formally expressed interest, while a similar number have informally approached the group. The idea of […]
Australia’s international strategy must consider the evolving US-China relationship and its implications, writes Michael Keating, former Secretary of the Department of Prime Minister and Cabinet in a recent article in the East Asia Forum. Australian Foreign Minister, Penny Wong, acknowledges that while the United States will remain important, it will no longer dominate Asia. Instead, […]
UBS strategists foresee the S&P 500 maintaining its momentum and potentially reaching new heights. Recently approaching 5,000 points, the index has surged over 5% in the past five weeks, setting records. UBS reports, “Unexpectedly strong US growth and controlled inflation could lead the Federal Reserve to significantly lower interest rates.” Employment’s Strong Impact The robust […]
Brazil has initiated its first exports of green lithium to China, a key component in the production of electric vehicle batteries. It was named green lithium or zero-carbon because the exploration plant does not have a tailings dam. In addition, the company recycles the water used in the lithium purification process, which does not involve […]