Iranian Foreign Minister Abbas Araghchi has said that Pakistan’s peace mission aimed at regional reconciliation have not failed, but are currently facing difficult conditions amid rising geopolitical tensions. Speaking to reporters in New Delhi during a visit for the BRICS foreign ministers’ meeting, Araghchi stated that multiple external actors were attempting to disrupt ongoing diplomatic […]
BRICS
Iran war and oil crisis dominate BRICS foreign ministers’ meeting in India
Foreign ministers of the BRICS group gathered in New Delhi on Thursday for high-level talks dominated by the ongoing conflict involving Iran and its impact on global energy markets, trade stability and economic uncertainty. Read More: Iran war dominates BRICS Delhi meeting India, which holds the rotating BRICS chair this year, hosted representatives from the expanded bloc that […]
BRICS Deputy Foreign Ministers Meeting Faces Major Disagreements
The BRICS deputy foreign ministers meeting in India faced major disagreements. BRICS deputy foreign ministers meeting faces major disagreements as member states clashed over key diplomatic language. The meeting took place in New Delhi and exposed sharp differences among participating countries. According to reports, India attempted to soften the language on the Israel-Palestine issue. However, […]
India proposes linking BRICS digital currencies
MUMBAI: India central bank has proposed linking the official digital currencies of BRICS countries to facilitate cross-border trade and tourism payments, potentially reducing reliance on the US dollar amid rising geopolitical tensions. The recommendation was made by the Reserve Bank of India (RBI) to the government ahead of India hosting the 2026 BRICS summit. Read […]
Dollar faces pressure but remains dominant in global finance
The US dollar remains the world’s most influential currency despite facing turbulence from political uncertainty, shifting monetary trends and efforts by major economies to diversify away from it. Analysts argue that the present phase reflects diversification rather than rapid de-dollarisation, as the global financial system still overwhelmingly depends on the greenback. Read More: Rupee slightly […]
Russia joins China, Iran for naval drills off South Africa
CAPE TOWN: A Russian warship arrived off South Africa’s main naval base on Friday to take part in joint military exercises alongside Chinese and Iranian vessels in South African waters. The week‑long manoeuvres, dubbed “Will for Peace 2026,” bring together navies from several BRICS and BRICS‑Plus nations in an exercise aimed at enhancing maritime cooperation […]
Pakistan eyes BRICS bank entry with China’s support
Pakistan has formally requested China’s support for joining the New Development Bank (NDB), formerly known as the BRICS Development Bank. The move aims to increase Pakistan’s access to multilateral development financing and deepen economic ties with China. The request came during a meeting between Finance Minister Muhammad Aurangzeb and China’s Deputy Finance Minister Liao Min […]
Pakistan Seeks China’s Support for BRICS Bank Membership
ISLAMABAD: Finance Minister Muhammad Aurangzeb has sought China’s support for Pakistan’s membership in the BRICS New Development Bank (NDB) during a meeting with Chinese Deputy Finance Minister Liao Min in Washington. Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, met with Mr. Liao Min, Deputy Finance Minister of the People’s Republic of China, in […]