BRICS & Global South News

Bank of Russia raises dollar exchange rate to 87 rubles for September 3

The official yuan exchange rate has been raised by 2.47 kopecks to 12.9217 rubles

Participation of investors from friendly countries in IPOs remains limited — VTB

Russian institutional and retail investors are the primary participants in offerings on the equity market at present

In Yemen, dates provide lifeline for farmers with few economic options

Hindered by poor infrastructure and climate challenges, farmers in Yemen cling to traditional methods to harvest dates.

Trade turnover with Mongolia gains 18% in 1H — Kremlin

Russia is Mongolia's second largest partner after China

Russia reaffirms solidarity with Cuba amid escalation around island nation — MFA

The Russian Foreign Ministry expressed support to Havana in its legitimate demand to put a complete and immediate stop to the US economic, trade and financial blockade

Russia, China boosting tourism exchanges — Kremlin

A visa-free regime is in effect for business and tourist trips between Russia and China until December 31, 2027

Stocks slide, bond rout deepens as US and Iran trade attacks

Stocks fall, bond rout deepens as US and Iran trade attacks

Three provinces officially kick off Tourism Month

Three provinces officially kick off Tourism Month The Northern Cape, Free State and Eastern Cape have joined forces for the first ever Tri-Province Tourism Month media launch held on Monday at the Chargo River Lodge in Colesberg.…

Russian stock indices decline as main trading session opens on Moscow Exchange

The MOEX and RTS indices fell by 0.8% at the opening of the main trading session, to 2,169.82 and 787.95 points, respectively

Health facilities have stable medical supplies - Department of Health

Health facilities have stable medical supplies - Department of Health The Department of Health (DoH) has assured South Africans that there is stable medical supply at public health facilities in several provinces across the count…

UAC plans to produce six Il-114-300 aircraft in 2028, later reach 12 per year

According to the Managing Director Daniil Brenerman, since the Il-114-300 was certified, the company has received a large number of requests for the aircraft from airlines not only in the Russian Far East but also in the European…

Stocks sink, yields at multi-decade highs and oil spikes on Mideast flare-up

Markets across Asia were down, with tech firms - which rely on low borrowing rates to fuel their investments - dragging Tokyo and Seoul.

Oil up nearly 1% as US and Iran trade fresh strikes

US urges G20 to cut trade imbalances, focus on China

US Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.

US pushes G20 to cut trade imbalances, focus on China

The US presses G20 countries to confront trade gaps with China, but divisions over subsidies, rare earth curbs and Russia cloud a joint communique.

Number of Russian companies successfully operating in Armenia — Pashinyan tells Putin

According to the Armenian PM, these companies are highly profitable and pay taxes regularly

Bank of Russia extends restrictions on foreign currency cash withdrawals until next March

The Bank of Russia first introduced restrictions on cash withdrawals of foreign currency in 2022

Russian stocks close mixed on Tuesday

The ruble-denominated MOEX Index increased by 0.39%, the dollar-denominated RTS Index declined by 0.05%

Middle East conflict increases importance of Northern Sea Route for India — expert

Shorter maritime distances translate to cheaper logistics and faster delivery windows for goods moving between Russian ports and Asian markets, Rakesh Mishra highlighted

Bessent says his goal to force Iran to strike deal with US through sanctions

The US treasury secretary said that Washington is going "to economically asphyxiate" Tehran

Bank of Russia raises dollar exchange rate to 86.75 rubles for September 2

The official euro exchange rate has been raised by 2.74 kopecks to 100.5988 rubles

EU surrenders sovereignty to US coercion, becomes accessory to economic terrorism: Iran

The EU has surrendered its sovereignty, laws, values and ethics to American coercion and turned itself into an accessory to Washington’s lawless economic war against Iran, Esmaeil Baghaei says.

Iran urges US to comply with interim deal after Trump threatens further strikes

The US-Iran war, which is into its sixth month, has shifted into an economic standoff, but tensions remain high and could spill over into military action.

SCO slams attacks, sanctions on Iran: Key takeaways from Bishkek summit

The SCO started in 1996 and accounts for 43 percent of the world’s population and 23 percent of the global economy.

US uses 80 Patriot interceptors to repel latest Iranian attack

According to the report, this number could account for around 10% of the remaining US stockpile of Patriot interceptors

Rosatom plans to become one of top seven maritime carriers in BRICS by 2035

The company's logistics division plans to expand the geography to roughly 35 countries by 2030

Bank of Russia buys $68.09 mln worth of yuan with August 31 settlement

Foreign currency purchases on the domestic market with settlement on August 28 totaled $69.24 mln

SA records R20.1 billion trade surplus in July

SA records R20.1 billion trade surplus in July South Africa recorded a preliminary trade balance surplus of R20.1 billion in July 2026, driven by trade with Botswana, Eswatini, Lesotho and Namibia (BELN), according to the South A…

Russian stock market opens lower as yuan rises

The MOEX and RTS indices fell by 0.33% to 2,171.78 and 792.04 points, respectively