Uzbekistan and Jordan Agree on Uranium and Mineral Exploration
Uzbekistan and Jordan have signed agreements to cooperate in exploring uranium, copper, rare metals, and other critical mineral deposits....
Chinese President Xi Jinping has described economic globalisation as an “irresistible trend of history,” emphasising the importance of multilateralism amid tariffs imposed by U.S. President Donald Trump.
Speaking at a virtual BRICS summit hosted by Brazil, Xi called for upholding multilateralism to “defend international fairness and justice,” according to a transcript released by the Chinese Foreign Ministry.
“Hegemonism, unilateralism, and protectionism are spreading rapidly,” Xi said, adding that “trade wars and tariff measures by certain countries severely disrupt the global economy and undermine international trade rules.”
His comments come as U.S. tariffs and protectionist policies continue to roil international markets, with Washington seeking bilateral trade agreements, including with Beijing.
“We must safeguard the international system with the United Nations at its core and the international order based on international law to strengthen the foundations of multilateralism,” Xi said.
He called for “openness and win-win cooperation to protect the international economic and trade order,” and reiterated that “economic globalisation is an irresistible trend of history.”
Xi stressed the need for inclusive globalisation, placing development at the centre of the international agenda, and ensuring that Global South countries participate as equals and share in the benefits of development.
Highlighting that BRICS nations account for nearly half of the world’s population, around 30% of global economic output, and one-fifth of global trade, Xi urged the bloc to work “more closely together.”
Beijing said it is ready to deepen cooperation with BRICS countries, leveraging their respective strengths in business, finance, science, and technology.
The BRICS bloc was originally formed by Brazil, Russia, India, and China, holding its first summit in 2009, and later expanded to include South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the United Arab Emirates.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Chinese electric vehicle manufacturer BYD Co expects exports to account for around 20% of its global sales this year, supported by the launch of new models, the South China Morning Post reported on Monday.
Italy’s ruling League party has said domestic banks should contribute around €5 billion ($5.85 billion) towards the 2026 budget.
U.S. stock markets ended higher on Friday, following largely in-line inflation figures, although indices recorded losses over the week.
Inflation expectations for the next 12 months in the eurozone rose to 2.8% in August, up from 2.6% in July, according to the results of a consumer survey published by the European Central Bank (ECB) on Friday.
Miniso announced on Friday that it will spin off its brand Top Toy and list it in Hong Kong, capitalising on the growing investor interest in Chinese toymakers and highlighting the city’s renewed position as a global fundraising hub.
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