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BRICS currency ‘ridiculous’ idea as China, India disagree even on group’s expansion — economist
A BRICS currency replacing U.S dollar is a ‘ridiculous’ idea, says the top economist who named the group — especially in light of the fact that China and India are not able to even agree on BRICS membership expansion that will shape the organization’s future. The BRICS group has revealed its internal divisions, with India […]
African companies prefer trading with non-African countries, ignoring local FTAs
African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]
Brazil Backs Morocco’s Efforts Seeking ‘Realistic’ Solution for the Sahara
Brazil backs the serious efforts made by Morocco to achieve a “realistic” solution to the Sahara issue, said on Thursday Brazilian Foreign Minister, Ernesto Araujo. Speaking in Brasilia at a joint press conference with Moroccan peer Nasser Bourita, Mr. Araújo said his country is willing to contribute to the various efforts aimed at finding a […]



