The world’s reserve currency is facing a challenge from Global South countries who want options beyond the greenback. Johannesburg, South Africa – For 80 years, the United States dollar has dominated all other currencies. But a grouping of developing countries tired of the West’s looming presence over global governance and …

For the five BRICS (Brazil, Russia, India, China and South Africa) members, de-dollarization has become the latest common buzz-word among the English vocabulary. Long before the highly-praised Johannesburg’s 15th BRICS summit, considered as very important step forward on the way to deepening interaction in the sphere of trade and investment …

As the intensifying strategic confrontation between the United States and China dominates many foreign-policy debates, another important competition is quietly playing out. The jostling between India and China for influence in South Asia—from the Himalayas to the islands off the subcontinent in the Indian Ocean—will likely prove crucial to the …

In light of the second anniversary of the Taliban’s seizure of Afghanistan on August 15th, the global focus has transitioned towards the evolving terrorism scenario in the area. The post-Kabul era has prompted apprehensions regarding the regional security and stability implications. Over the span of two years following the capital’s …

In 2023, the President of the European Commission, Ursula von der Leyen, undertook a visit to the Philippines to enhance the bilateral ties between the European Union and the Philippines. The visit of President von der Leyen marked a significant milestone as the first visit by a President of the …

In a historic South Africa BRICS summit move, BRICS – the association of five major emerging economies, has extended invitations to six more nations: Saudi Arabia, Egypt, Ethiopia, Iran, the UAE, and Argentina. While some laud this expansion as a step towards creating a multipolar world, others are concerned that …

Anti-government protests in government-held areas have been driven by a fuel price hike on top of the generally dismal economic situation in war-torn Syria. Anti-government protests in southern Syria continued on Thursday, the fifth day in a row, with demonstrations spreading to other parts of the country. In Suwayda, a …

Hakan Fidan chose Iraq for his first official visit as Turkey’s new foreign minister, but the visit appeared to yield little progress on long-standing disputes between Ankara and Baghdad. During his first official visit to Iraq as Turkey’s new foreign minister, Hakan Fidan on Wednesday called on Baghdad to list …

US Special Envoy for Yemen Tim Lenderking called on the Iran-backed rebels to “seize this unprecedented opportunity” to sit down with the Yemeni government. The United States on Wednesday urged Yemen’s Houthi rebels to negotiate with the country’s Saudi-backed government to resolve the near-decade-long civil war. US Special Envoy for …

The Shanghai-headquartered New Development Bank, or so-called “BRICS bank”, had already admitted the UAE and Egypt as shareholders. Saudi Arabia, Iran, Egypt, the United Arab Emirates, Ethiopia and Argentina have all been invited to join the BRICS group of major developing countries, as the bloc seen as an alternative to …