United Arab Emirates
Malaysia seeks BRICS membership
Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa
Kazakhstan has no plans to join BRICS, says Astana
Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.
Sri Lanka to apply for BRICS membership
Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank, the country’s Foreign Minister Vijitha Herath said on October 14
Israel could target Persian Gulf oil installations over missile attack
Israel is likely to retaliate against Iran's massive missile attack on Tel Aviv and other cities on October 1 by targeting the Islamic Republic's oil facilities, amid a dramatic escalation of tensions in the Middle East.
UAE, New Zealand finalise terms of economic partnership agreement
The United Arab Emirates and New Zealand have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA).
India highlights legal reforms at BRICS justice ministers meeting
India’s Ministry of Law and Justice participated in the BRICS Ministers of Justice meeting on 18 September 2024, with the Indian delegation led by Anju Rathi Rana, Additional Secretary in the Department of Legal Affairs
Russia's budget oil breakeven price world’s second lowest as oil revenues recover
The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.
AI will be a major source of GHGs by 2030, says Morgan Stanley
Energy ravenous AI data centres are set to become a major source of GHGs emissions by 2030 as the number of server farms needed to run the artificial intelligence services is set to expand exponentially over the next two and half decades.
Russia revs up to test cross-border crypto payments
Russia is on the hunt to find an alternative to the dollar to settle international trade deals and on September 1 will test making cross-border payments in cryptocurrency for the first time.
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Iran uses 'dark fleet' to deliver 1.8 million barrels of oil daily
An independent ship monitoring service said Iran was utilising a “dark fleet” of oil tankers to deliver nearly 1.8mn barrels of crude oil and oil products per day to its customers.
After Middle East expansion Bosnia’s IMG sets its sights on global markets
Banja Luka-based company is an emerging global player in the public transport advertising market.
IMF: Carbon emissions from AI and crypto are surging and tax policy can help
What do crypto assets and artificial intelligence have in common? Both are power hungry and that is increasing emissions.
US lab invents a Fremen-tech water harvester
An American lab has developed “Fremen-like” technology that can extract moisture from the air even in a desert.
Global sea surface temperatures have surged
In the past 15 months, global sea surface temperatures have surged to unprecedented levels, fuelling heatwaves, and accelerated the melting of sea ice, alarming scientists and environmentalists alike.