The BRICS Policy Center (BPC/PUC-Rio) participated, on July 6th, in the event “BRICS+ After the Expansion – From Economic Platform to Emerging Political Bloc? The Western Response in a Changing World Order”, held at King’s College London
Marta Fernández, Director of BPC/PUC-Rio, participated as a discussant alongside Mulugeta G. Sisay (Policy Studies Institute, Ethiopia) in a discussion regarding the implications of the BRICS+ expansion, its growing political...
O post The BRICS Policy Center (BPC/PUC-Rio... Read more »
Marta Fernández, Director of BPC/PUC-Rio, participated as a discussant alongside Mulugeta G. Sisay (Policy Studies Institute, Ethiopia) in a discussion regarding the implications of the BRICS+ expansion, its growing political...
O post The BRICS Policy Center (BPC/PUC-Rio... Read more »
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The BRICS Policy Center (BPC/PUC-Rio) participated, on July 6th, in the event "BRICS+ After the Expansion – From Economic Platform…
Marta Fernández, Director of BPC/PUC-Rio, participated as a discussant alongside Mulugeta G. Sisay (Policy Studies Institute, Ethiopia) in a discussion regarding the implications of the BRICS+ expansion, its growing political...
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🇺🇸🌍 TRUMP WANTS AMERICA TO BECOME THE "GUARDIAN OF HORMUZ."
And charge tolls for it.
The US president says Washington will restore its naval blockade of Iran and oversee security in the Strait of Hormuz.
His proposal:
A 20% fee on cargo moving through the world's most important energy chokepoint.
Tehran rejected the idea immediately.
Iran insists no foreign power will control the strait.
And warned that any outside interference in its management would cross a red line.
This is bigger than a dispute over shipping lanes.
Nearly 20% of global oil trade moves through Hormuz.
Control of the strait means influence over energy markets, global trade, and geopolitical leverage.
The battle for Hormuz is becoming a battle over who writes the rules of the Gulf.
Source: Al Jazeera
#Hormuz #Iran #USA #Geopolitics
And charge tolls for it.
The US president says Washington will restore its naval blockade of Iran and oversee security in the Strait of Hormuz.
His proposal:
A 20% fee on cargo moving through the world's most important energy chokepoint.
Tehran rejected the idea immediately.
Iran insists no foreign power will control the strait.
And warned that any outside interference in its management would cross a red line.
This is bigger than a dispute over shipping lanes.
Nearly 20% of global oil trade moves through Hormuz.
Control of the strait means influence over energy markets, global trade, and geopolitical leverage.
The battle for Hormuz is becoming a battle over who writes the rules of the Gulf.
Source: Al Jazeera
#Hormuz #Iran #USA #Geopolitics
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BPC/PUC-Rio researcher Alexandre dos Santos participated in the Mundioka podcast by Sputnik Brasil to discuss the migration crisis in South Africa
Alexandre dos Santos, a researcher at the Global South Mediation Unit (GSUM) of the BRICS Policy Center/PUC-Rio, participated in the Mundioka podcast, from the Sputnik Brasil newspaper, in a discussion...
O post BPC/PUC-Rio researcher Alexandre dos Santos participated in the Mundioka podcast by Sputnik Bras... Read more »
Alexandre dos Santos, a researcher at the Global South Mediation Unit (GSUM) of the BRICS Policy Center/PUC-Rio, participated in the Mundioka podcast, from the Sputnik Brasil newspaper, in a discussion...
O post BPC/PUC-Rio researcher Alexandre dos Santos participated in the Mundioka podcast by Sputnik Bras... Read more »
brq
BPC/PUC-Rio researcher Alexandre dos Santos participated in the Mundioka podcast by Sputnik Brasil to discuss the migration crisis…
Alexandre dos Santos, a researcher at the Global South Mediation Unit (GSUM) of the BRICS Policy Center/PUC-Rio, participated in the Mundioka podcast, from the Sputnik Brasil newspaper, in a discussion...
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🇷🇺⚡ PUTIN HAS A MESSAGE FOR KIEV:
Every strike on Russian territory will be answered.
"Several times more powerfully."
The warning comes as Ukraine intensifies drone attacks on Russian energy infrastructure and civilian areas.
Moscow says the campaign is designed to offset setbacks on the battlefield.
The Kremlin's response has been clear:
Escalation will be met with escalation.
Putin also argued that sanctions and Western pressure have failed to weaken Russia's long-term position.
Instead, he says, Russia is expanding defense production, strengthening its economy, and increasing military output.
Meanwhile, Russian forces continue advancing on multiple fronts.
The message from Moscow is simple:
The war is entering a new phase of retaliation.
And both sides appear prepared for a longer fight.
Source: RT / Kremlin remarks
#Russia #Ukraine #Putin #Geopolitics
Every strike on Russian territory will be answered.
"Several times more powerfully."
The warning comes as Ukraine intensifies drone attacks on Russian energy infrastructure and civilian areas.
Moscow says the campaign is designed to offset setbacks on the battlefield.
The Kremlin's response has been clear:
Escalation will be met with escalation.
Putin also argued that sanctions and Western pressure have failed to weaken Russia's long-term position.
Instead, he says, Russia is expanding defense production, strengthening its economy, and increasing military output.
Meanwhile, Russian forces continue advancing on multiple fronts.
The message from Moscow is simple:
The war is entering a new phase of retaliation.
And both sides appear prepared for a longer fight.
Source: RT / Kremlin remarks
#Russia #Ukraine #Putin #Geopolitics
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Locals got to him before the authorities did.
An American man identifying himself as 36-year-old Jordan Brown was stopped by villagers after allegedly attempting to cross from India into Nepal using an unauthorized route near the Sonauli border.
Border patrol officers later detained the man after he reportedly tried to flee into nearby woodland. Officials said he was not carrying travel or identity documents and gave contradictory statements about his identity, travel history, and reason for attempting the crossing.
Security agencies are continuing to investigate the case
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An American man identifying himself as 36-year-old Jordan Brown was stopped by villagers after allegedly attempting to cross from India into Nepal using an unauthorized route near the Sonauli border.
Border patrol officers later detained the man after he reportedly tried to flee into nearby woodland. Officials said he was not carrying travel or identity documents and gave contradictory statements about his identity, travel history, and reason for attempting the crossing.
Security agencies are continuing to investigate the case
Post made via our friends at Diamond Viral Feed
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🇮🇷🛢️ IRAN SHIPPED $6 BILLION IN OIL IN 26 DAYS – US Reimposes Blockade, But Floating Storage Ready
80+ million barrels of Iranian crude and refined products – worth over $6 billion – have been shipped out of the region since the Islamabad Memorandum was signed. The US Navy blockade is now being reinstated more than a month ahead of schedule.
🛢️ 80+ million barrels of Iranian oil shipped out in 26 days – worth over $6 billion.
⏳ 30 million barrels still waiting to depart – but 60+ million barrels of floating storage capacity available within the blockade perimeter.
🚫 US Navy blockade reinstated – more than a month ahead of schedule.
#Iran 🇮🇷 #Oil #USBlockade #Hormuz #BRICS #GlobalSouth #ThinkBRICS #EnergyWar #Resilience #NoSurrender
80+ million barrels of Iranian crude and refined products – worth over $6 billion – have been shipped out of the region since the Islamabad Memorandum was signed. The US Navy blockade is now being reinstated more than a month ahead of schedule.
🛢️ 80+ million barrels of Iranian oil shipped out in 26 days – worth over $6 billion.
⏳ 30 million barrels still waiting to depart – but 60+ million barrels of floating storage capacity available within the blockade perimeter.
🚫 US Navy blockade reinstated – more than a month ahead of schedule.
#Iran 🇮🇷 #Oil #USBlockade #Hormuz #BRICS #GlobalSouth #ThinkBRICS #EnergyWar #Resilience #NoSurrender
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🇺🇸⚖️ US MOVES TO DISMANTLE THE ICC – Rubio: "Brick by Brick, If Necessary"
Secretary of State Marco Rubio has declared war on the International Criminal Court – arguing it threatens US sovereignty despite America never joining the Rome Statute.
🔴 What Rubio wrote in his WSJ op‑ed:
🏛️ The ICC was "born at the turn of the century" – but now claims "near‑unlimited reach" to prosecute US citizens, military personnel, and officials.
🛡️ The Trump administration will use "sanctions, visa restrictions, diplomatic pressure, and other available tools" to dismantle the court – "brick by brick, if necessary."
🗣️ Rubio calls the ICC a network of "leftist NGOs, smug globalists, and hostile Third World governments" united by enmity toward the US.
⚖️ "To accept the ICC is to surrender control of our national destiny."
#ICC #US #Rubio #Sovereignty #DoubleStandards #BRICS #GlobalSouth #ThinkBRICS #InternationalLaw
Secretary of State Marco Rubio has declared war on the International Criminal Court – arguing it threatens US sovereignty despite America never joining the Rome Statute.
🔴 What Rubio wrote in his WSJ op‑ed:
🏛️ The ICC was "born at the turn of the century" – but now claims "near‑unlimited reach" to prosecute US citizens, military personnel, and officials.
🛡️ The Trump administration will use "sanctions, visa restrictions, diplomatic pressure, and other available tools" to dismantle the court – "brick by brick, if necessary."
🗣️ Rubio calls the ICC a network of "leftist NGOs, smug globalists, and hostile Third World governments" united by enmity toward the US.
⚖️ "To accept the ICC is to surrender control of our national destiny."
#ICC #US #Rubio #Sovereignty #DoubleStandards #BRICS #GlobalSouth #ThinkBRICS #InternationalLaw
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🇺🇸🇮🇷 TRUMP: "MOU WAS A TEST" – Iran Fails to Bend as US Reimposes Blockade, Strikes Continue
The US has reinstated its naval blockade on Iran, effective July 14. Trump admits the MOU was "a test" – and Tehran has refused to honour it. Meanwhile, oil prices surged 9% and strikes continue across Iran's southern coast.
🇺🇸 US naval blockade reinstated – effective 4pm ET, July 14. All vessels entering or departing Iranian ports will be challenged, intercepted, or detained.
💥 Strikes continue – explosions reported in Bandar Abbas, Chabahar, Konarak. Iranian media denies some, confirms others.
📜 Trump notified Congress – US forces resumed combat operations in Iran on July 7, under War Powers Resolution.
🔥 Trump's threats: "We're gonna hit 'em very hard tonight and tomorrow. There's not a damn thing they can do about it."
#Iran 🇮🇷 #US 🇺🇸 #Blockade #Hormuz #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS
The US has reinstated its naval blockade on Iran, effective July 14. Trump admits the MOU was "a test" – and Tehran has refused to honour it. Meanwhile, oil prices surged 9% and strikes continue across Iran's southern coast.
🇺🇸 US naval blockade reinstated – effective 4pm ET, July 14. All vessels entering or departing Iranian ports will be challenged, intercepted, or detained.
💥 Strikes continue – explosions reported in Bandar Abbas, Chabahar, Konarak. Iranian media denies some, confirms others.
📜 Trump notified Congress – US forces resumed combat operations in Iran on July 7, under War Powers Resolution.
🔥 Trump's threats: "We're gonna hit 'em very hard tonight and tomorrow. There's not a damn thing they can do about it."
#Iran 🇮🇷 #US 🇺🇸 #Blockade #Hormuz #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS
🇾🇪🇸🇦 HOUTHIS STRIKE SAUDI AIRPORT – "In Response to Aggression & Blockade," Warns Airlines to Avoid Saudi Airspace
The Yemeni Armed Forces have launched ballistic missiles and drones at Abha International Airport, southern Saudi Arabia – in retaliation for Saudi airstrikes on Sana'a International Airport. Saudi Arabia has temporarily closed three airports as regional tensions escalate.
🎯 Houthi strikes on Abha International Airport – ballistic missiles and drones, described as a "qualitative military operation" that successfully achieved its objectives.
🛑 Saudi airports closed – Abha, Jazan, and Najran airports temporarily shut until 15:00 UTC on 14 July.
🕊️ Responding to "the Saudi enemy's insistence on continuing its oppressive blockade on the Yemeni people."
🙏 "Deep gratitude to the Islamic Republic of Iran for its assistance to the Republic of Yemen in lifting the oppressive blockade on Sana'a International Airport."
#Yemen 🇾🇪 #SaudiArabia 🇸🇦 #AxisOfResistance #Houthis #BRICS
The Yemeni Armed Forces have launched ballistic missiles and drones at Abha International Airport, southern Saudi Arabia – in retaliation for Saudi airstrikes on Sana'a International Airport. Saudi Arabia has temporarily closed three airports as regional tensions escalate.
🎯 Houthi strikes on Abha International Airport – ballistic missiles and drones, described as a "qualitative military operation" that successfully achieved its objectives.
🛑 Saudi airports closed – Abha, Jazan, and Najran airports temporarily shut until 15:00 UTC on 14 July.
🕊️ Responding to "the Saudi enemy's insistence on continuing its oppressive blockade on the Yemeni people."
🙏 "Deep gratitude to the Islamic Republic of Iran for its assistance to the Republic of Yemen in lifting the oppressive blockade on Sana'a International Airport."
#Yemen 🇾🇪 #SaudiArabia 🇸🇦 #AxisOfResistance #Houthis #BRICS
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Russia hits Ukraine with MASSIVE 3-ton FAB-3000 glide bomb.
The bomb carries around 1.4 tons of explosives was launched by a Russian aircraft that was reportedly 40km away from the target.
Ukrainian air defense stood no chance.
#Russia #Ukraine
The bomb carries around 1.4 tons of explosives was launched by a Russian aircraft that was reportedly 40km away from the target.
Ukrainian air defense stood no chance.
#Russia #Ukraine
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🏜️ THE TRENCH IN THE DESERT – Saudi's Halted Vision & the Cost of Escaping Oil
A 170‑km trench sits half‑finished. The Line – a mirrored city meant to house 9 million – has been halted. Construction contracts collapsed 58%. The 2030 population target dropped from 1.5 million to a few hundred thousand.
🔴 The numbers:
💰 Oil at $69/barrel (2025) – below Saudi's $92.30 break‑even.
📉 PIF construction contracts: $71B → $30B.
🏗️ The Line paused even after oil hit $138 during the Hormuz crisis.
🧠 Riyadh chose deficit reduction over reopening diversification.
🔴 Capability or monuments?
✅ Non‑oil economy grew ~5%; tax base doubled.
❌ Tech exports stuck at 0.5% of manufactured exports.
🔄 Part of The Line being repurposed as an AI data centre.
"Escaping the resource curse must be built through know‑how and complexity – not windfalls."
👉 Read the full analysis here: https://thinkbrics.substack.com/p/the-trench-in-the-desert
#SaudiArabia 🇸🇦 #Vision2030 #ResourceCurse #BRICS #GlobalSouth
A 170‑km trench sits half‑finished. The Line – a mirrored city meant to house 9 million – has been halted. Construction contracts collapsed 58%. The 2030 population target dropped from 1.5 million to a few hundred thousand.
🔴 The numbers:
💰 Oil at $69/barrel (2025) – below Saudi's $92.30 break‑even.
📉 PIF construction contracts: $71B → $30B.
🏗️ The Line paused even after oil hit $138 during the Hormuz crisis.
🧠 Riyadh chose deficit reduction over reopening diversification.
🔴 Capability or monuments?
✅ Non‑oil economy grew ~5%; tax base doubled.
❌ Tech exports stuck at 0.5% of manufactured exports.
🔄 Part of The Line being repurposed as an AI data centre.
"Escaping the resource curse must be built through know‑how and complexity – not windfalls."
👉 Read the full analysis here: https://thinkbrics.substack.com/p/the-trench-in-the-desert
#SaudiArabia 🇸🇦 #Vision2030 #ResourceCurse #BRICS #GlobalSouth
🇮🇷🇺🇸 IRAN'S FM: "Guardian of the Strait Forever" – Trump's 20% Toll Proposal Dismissed
Foreign Minister Abbas Araghchi: "Iran has always been the guardian of the Strait and will remain so forever."
🔴 Key points:
🗣️ Araghchi's response to Trump's plans to seize control and levy a 20% security toll: "20% is of course too much. We will be fair."
🌊 Iran's control of the Strait is non‑negotiable – and its fees will be reasonable.
🔥 The US wants to dictate terms. Iran sets them.
#Iran 🇮🇷 #US 🇺🇸 #Hormuz #Sovereignty #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS #NoSurrender
Foreign Minister Abbas Araghchi: "Iran has always been the guardian of the Strait and will remain so forever."
🔴 Key points:
🗣️ Araghchi's response to Trump's plans to seize control and levy a 20% security toll: "20% is of course too much. We will be fair."
🌊 Iran's control of the Strait is non‑negotiable – and its fees will be reasonable.
🔥 The US wants to dictate terms. Iran sets them.
#Iran 🇮🇷 #US 🇺🇸 #Hormuz #Sovereignty #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS #NoSurrender
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In 1989, the world believed the Soviets drilled straight into Hell and recorded the screams of the damned. The audio was fake… but the hole was terrifyingly real.
This is the story of the Kola Superdeep Borehole.
#ScienceTok #MindBlown #GeologyTok
Check out Dive Deeper on TikTok: https://www.tiktok.com/@divedeepermedia
This is the story of the Kola Superdeep Borehole.
#ScienceTok #MindBlown #GeologyTok
Check out Dive Deeper on TikTok: https://www.tiktok.com/@divedeepermedia
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🇷🇺🇨🇳 RUSSIA-CHINA NAVAL EXERCISE "JOINT SEA 2026" CONCLUDES – Strategic Muscle in the Yellow Sea
The week‑long naval exercise has officially ended in Qingdao, eastern China – featuring a Russian Pacific Fleet cruiser, a corvette, a submarine, and a rescue vessel alongside Chinese destroyers, frigates, and a submarine.
🚢 Russian contingent: cruiser Varyag, corvette Rezky, diesel‑electric submarine Ufa, rescue vessel Igor Belousov.
🇨🇳 Chinese fleet: destroyers Anshan, Kaifeng, frigate Wuhu, Yuan‑class submarine, supply ship Kekesilihu, rescue vessel Yanchenghu.
🎯 Focus areas: joint maneuvering, air and anti‑submarine defence, search and rescue, countering unmanned systems.
#Russia 🇷🇺 #China 🇨🇳 #JointSea2026 #NavalExercise #BRICS
The week‑long naval exercise has officially ended in Qingdao, eastern China – featuring a Russian Pacific Fleet cruiser, a corvette, a submarine, and a rescue vessel alongside Chinese destroyers, frigates, and a submarine.
🚢 Russian contingent: cruiser Varyag, corvette Rezky, diesel‑electric submarine Ufa, rescue vessel Igor Belousov.
🇨🇳 Chinese fleet: destroyers Anshan, Kaifeng, frigate Wuhu, Yuan‑class submarine, supply ship Kekesilihu, rescue vessel Yanchenghu.
🎯 Focus areas: joint maneuvering, air and anti‑submarine defence, search and rescue, countering unmanned systems.
#Russia 🇷🇺 #China 🇨🇳 #JointSea2026 #NavalExercise #BRICS
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💥 US LAUNCHES WAVES OF STRIKES ON IRAN
Explosions reported in Bandar Abbas, Bushehr, Konarak, Kish, and Shiraz – as US forces launch tactical ballistic missiles from Bahrain. The strikes target coastal surveillance, drones, and missile capabilities.
💥 Bandar Abbas – multiple explosions; footage circulating; renewed strikes reported.
💥 Bushehr Province – at least 4 blasts; images of aftermath shown.
💥 Konarak (Sistan and Baluchestan) – strikes reported.
💥 Kish – renewed strikes reported.
💥 Shiraz (Fars Province) – initial reports of blasts, possibly ballistic missile launches.
🇺🇸 CENTCOM announced they are striking Iranian forces "to protect shipping" in the Strait of Hormuz.
🚀 US forces launched tactical ballistic missiles from Bahrain towards Bandar Abbas.
#Iran 🇮🇷 #US 🇺🇸 #Strikes #Hormuz #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS
Explosions reported in Bandar Abbas, Bushehr, Konarak, Kish, and Shiraz – as US forces launch tactical ballistic missiles from Bahrain. The strikes target coastal surveillance, drones, and missile capabilities.
💥 Bandar Abbas – multiple explosions; footage circulating; renewed strikes reported.
💥 Bushehr Province – at least 4 blasts; images of aftermath shown.
💥 Konarak (Sistan and Baluchestan) – strikes reported.
💥 Kish – renewed strikes reported.
💥 Shiraz (Fars Province) – initial reports of blasts, possibly ballistic missile launches.
🇺🇸 CENTCOM announced they are striking Iranian forces "to protect shipping" in the Strait of Hormuz.
🚀 US forces launched tactical ballistic missiles from Bahrain towards Bandar Abbas.
#Iran 🇮🇷 #US 🇺🇸 #Strikes #Hormuz #AxisOfResistance #BRICS #GlobalSouth #ThinkBRICS
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🌐 Did Trump Finally Drop the ‘Pacifist’ Act?
It’s common knowledge that Donald Trump always came across as the “peace candidate”. His sweeping criticism of America’s “forever wars” (particularly in the Middle East) reinforced the image of a real... Read more→
Follow @ThinkBRICS
It’s common knowledge that Donald Trump always came across as the “peace candidate”. His sweeping criticism of America’s “forever wars” (particularly in the Middle East) reinforced the image of a real... Read more→
Follow @ThinkBRICS
LewRockwell
Did Trump Finally Drop the 'Pacifist' Act?
It’s common knowledge that Donald Trump always came across as the “peace candidate”. His sweeping criticism of America’s “forever wars” (particularly in the Middle East) reinforced the image of a realpolitik, no-nonsense politician with a crystal-clear vision…
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Talking to your air conditioner is apparently a thing now.
Manufacturers in China have begun integrating the DeepSeek AI model directly into air conditioners, turning them into voice assistants as well as cooling systems.
Besides adjusting temperature settings, the AI can answer questions, chat about the weather, play music, and handle other voice commands.
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Manufacturers in China have begun integrating the DeepSeek AI model directly into air conditioners, turning them into voice assistants as well as cooling systems.
Besides adjusting temperature settings, the AI can answer questions, chat about the weather, play music, and handle other voice commands.
Post made via our friends at Diamond Viral Feed
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🌐 BRICS countries should deepen agricultural knowledge exchange – Expert
BRICS countries should deepen agricultural knowledge exchange – Expert A professor at the BRICS Research Institute in Pretoria, South Africa, Phokela Maponya, has called for greater exchange of agricu... Read more →
Follow @ThinkBRICS
BRICS countries should deepen agricultural knowledge exchange – Expert A professor at the BRICS Research Institute in Pretoria, South Africa, Phokela Maponya, has called for greater exchange of agricu... Read more →
Follow @ThinkBRICS
News Agency of Nigeria
BRICS Countries Should Deepen Agricultural Knowledge Exchange – Expert - News Agency Of Nigeria
A professor at the BRICS Research Institute in Pretoria, South Africa, Phokela Maponya, has called for greater exchange of agricultural knowledge among BRICS
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🇨🇳🇹🇭 CHINA AND THAILAND ARE ENTERING A NEW PHASE OF COOPERATION.
Thai Prime Minister Anutin Charnvirakul will make his first official visit to China from July 16-20.
But this isn't just another diplomatic trip.
Anutin will attend the 2026 World AI Conference as Beijing pushes to position itself at the center of global AI governance.
Trade. Digital economy. Space, cooperation. Technology. Infrastructure.
The agenda reflects how China-Thailand relations are evolving beyond traditional commerce.
Beijing often describes the relationship with a familiar phrase:
"China and Thailand are as close as one family."
As global uncertainty grows, both countries appear determined to turn that friendship into deeper strategic cooperation.
The Indo-Pacific map is being shaped not only by military alliances—
but increasingly by technology and economic partnerships.
Source: Global Times
#China #Thailand #AI #Geopolitics
Thai Prime Minister Anutin Charnvirakul will make his first official visit to China from July 16-20.
But this isn't just another diplomatic trip.
Anutin will attend the 2026 World AI Conference as Beijing pushes to position itself at the center of global AI governance.
Trade. Digital economy. Space, cooperation. Technology. Infrastructure.
The agenda reflects how China-Thailand relations are evolving beyond traditional commerce.
Beijing often describes the relationship with a familiar phrase:
"China and Thailand are as close as one family."
As global uncertainty grows, both countries appear determined to turn that friendship into deeper strategic cooperation.
The Indo-Pacific map is being shaped not only by military alliances—
but increasingly by technology and economic partnerships.
Source: Global Times
#China #Thailand #AI #Geopolitics
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🌐 Egypt boosts agricultural exports to nearly 10m tonnes
Egypt boosts agricultural exports to nearly 10m tonnes Egypt has achieved notable progress in the development of its agricultural sector, with advances in production, exports and modern farming practi... Read more →
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Egypt boosts agricultural exports to nearly 10m tonnes Egypt has achieved notable progress in the development of its agricultural sector, with advances in production, exports and modern farming practi... Read more →
Follow @ThinkBRICS
News Agency of Nigeria
Egypt Boosts Agricultural Exports To Nearly 10m Tonnes - News Agency Of Nigeria
Egypt has achieved notable progress in the development of its agricultural sector, with advances in production, exports and modern farming practices.
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🇪🇺🇷🇺 SANCTIONS ARE NOW COMING WITH A MULTI-BILLION EURO PRICE TAG.
Major European banks are reportedly suing German industrial giant Linde over its withdrawal from a major Russian gas project after EU sanctions took effect.
At the center of the dispute:
A €10 billion gas processing plant linked to Gazprom near St. Petersburg.
Linde halted work in 2022.
Russian courts responded by seizing assets held by several Western banks inside Russia.
Now the banks want compensation.
The case could set a precedent far beyond Russia.
Who pays for the cost of sanctions?
Governments?Banks?Or the companies that walked away?
As Europe and Russia continue to decouple economically, the courtroom is becoming another front in the geopolitical conflict.
Source: Financial Times
#Russia #Europe #Sanctions #Geopolitics
Major European banks are reportedly suing German industrial giant Linde over its withdrawal from a major Russian gas project after EU sanctions took effect.
At the center of the dispute:
A €10 billion gas processing plant linked to Gazprom near St. Petersburg.
Linde halted work in 2022.
Russian courts responded by seizing assets held by several Western banks inside Russia.
Now the banks want compensation.
The case could set a precedent far beyond Russia.
Who pays for the cost of sanctions?
Governments?Banks?Or the companies that walked away?
As Europe and Russia continue to decouple economically, the courtroom is becoming another front in the geopolitical conflict.
Source: Financial Times
#Russia #Europe #Sanctions #Geopolitics
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