BRICS & Global South News

Brent crude surpasses $100 a barrel as Iran, US escalate attacks

Benchmark Brent crude hits $100, shaking markets and fuelling concerns over rising inflation pressures worldwide.

Russia, India could achieve a comprehensive economic partnership — CII

According to Umesh Chaudhary, relations between Russia and India remain stable and relevant, despite significant changes in the global landscape

Russia’s TKB-1167 system can be integrated into unified air defense network — developer

The TKB-1167 is capable of interacting with external radar stations, optoelectronic detection systems, the High Precision Systems Holding Company said

Russia's budget deficit at $67.56 bln, 2.5% of GDP in January-August

Federal budget expenditures totaled $370.18 bln in January-August 2026

Russians Aboard Ship Seized by Norway Have Returned Home, Foreign Ministry Says

The 69 Russian passengers and crew members were stuck for several days after a Norwegian court ordered the seizure of the Professor Molchanov at the request of the Ukrainian energy company Naftogaz.

Import pressure on Russian steel market persists — Severstal

According to Director of Severstal Distribution Viktor Romanovsky, the situation is more challenging in the finished products segment

Russia-India cooperation reaches new level — Russian Chamber of Commerce

Vladimir Padalko noted that the nature of bilateral economic relations is changing

Russia-Turkey agricultural trade up by almost 30% year-on-year in January-July

Russian exports rose by more than 40% compared to the same period last year

Bank of Russia buys $22.17 mln in yuan with September 8 settlement

Foreign currency purchases on the domestic market with settlement on September 7 totaled $68.84 mln

Russian stock indices decline as trading opens on Moscow Exchange

According to trading data as of 10:00 a.m.Moscow time, the MOEX and RTS indices fell by 0.3% – to 2,267.25 and 825.8 points, respectively

Russia to propose business forum with Germany, US and AfD in 2027 — envoy

Kirill Dmitriev said the main goal of the event is to "revive business dialogue and bring common sense back"

Innoprom. India International Industrial Exhibition begins in New Delhi

The plenary session, titled "Enhancing Russian-Indian Trade and Industrial Partnership: Towards Greater Self-Reliance," will be the central event of the exhibition’s business program

Oil jumps $1 in early trade after Iran launches missiles at Jordan

Iran retaliates after US strikes on oil tankers (VIDEOS)

The IRGC claims that “significant damage” was done to two US vessels and eight tankers in the Persian Gulf Iranian forces have struck eight oil tankers in the Persian Gulf and targeted two US Navy vessels in retaliation for attac…

Russian stocks close mixed on Tuesday

The yuan exchange rate against the ruble lost 13 kopecks to 12.75 rubles

NITDA calls for unified regulatory framework to boost tech Investment in Africa

Trump Presses Putin for Swift End to Ukraine War in ‘Confidential’ Call

Trump was said to have pitched an end to the war as a way to “immediately” restore U.S.-Russian trade and economic relations.

Bank of Russia buys $68.14 mln in yuan with settlement on September 7

Foreign currency purchases on the domestic market with settlement on September 4 also totaled $68.14 mln

Russia’s not seeking de-dollarization — Kremlin

Some countries do not allow Russia to use their currencies in trade, so Russia uses its own, Dmitry Peskov noted

Russia’s new radar system integrates AI capable of identifying all types of aerial targets

According to the company representative, the ALFA Sverkhdalnost can simultaneously track up to 20 targets flying at speeds ranging from 10 to 270 m/s

Kiev seeks to inflict 'energy genocide' on civilians — Russian Foreign Ministry

Ukraine used the 90 bln euros allocated by the EU to strike marketplaces and energy infrastructure, Rodion Miroshnik said

Russian stock market reverses to decline after opening gains

According to trading data as of 10:00 a.m. Moscow time, the MOEX and RTS indices edged up by 0.17% to 2,269.53 and 829.22 points, respectively

Iranian tech firms showcase innovation, talent, investment, smart solutions at ELECOMP 202...

The 29th ELECOMP exhibition in Tehran has brought together Iranian technology companies, startups and innovators.

Iran threatens US with new ‘economic warfare’ and missiles as Houthis attack Saudi Arabia

Tehran vows maritime exclusion zone as US sanctions intensify

Tehran warns Europe over support for US economic terrorism against Iran

Iran warns European countries against following US sanctions on Iran, saying Europe must choose between complying with Washington and protecting its own national and economic interests.

Russian stock market closes with major indices up

BCS World of Investments expects the MOEX Index to consolidate within the 2,230-2,270 point range on Tuesday

Russia and North Korea open first cross-border road bridge (VIDEO)

The Tumen River crossing is expected to boost trade and provide year-round motor vehicle traffic between Russia and North Korea Russia and North Korea have opened the first road bridge across the Tumen River, linking Russia's Pri…

Russia and North Korea open first cross-border road bridge

The Tumen River crossing is expected to boost trade and provide year-round motor vehicle traffic between Russia and North KoreaRussia and North Korea have opened the first road bridge across the Tumen River, linking Russia's Prim…

Russia not banking on prolonged Strait of Hormuz crisis — envoy

Boris Titov said the crisis surrounding the Strait of Hormuz could end just as quickly as it began

Russia’s National Wealth Fund totals $154 bln as of September 1 — finance ministry

As of September 1, the amount of liquid assets of the NWF amounted to 4 trillion rubles, which equals $46.7 bln