U.S. to implement higher tariffs starting August 1, Commerce Secretary says
The U.S. will begin applying increased tariff rates from August 1, according to Commerce Secretary Howard Lutnick....
Brazil has announced the date and venue for the BRICS leaders' summit in 2025. It is planned to be held in Rio de Janeiro, from July 6 to 7.
Brasil assumed the BRICS Presidency for this year under the theme “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.”
The authorities intend to focus particularly on six central areas: cooperation in global health, trade and finance, climate change issues, governance of artificial intelligence, reform of the multilateral peace and security architecture and institutional development.
Over 100 ministerial and technical meetings are scheduled to take place between February and July 2025 in Brasilia.
“It is a great pleasure to once again strengthen collaboration and partnership between the Federal Government and Rio de Janeiro. We will host Heads of State from the 20 countries that are part of the BRICS in the two categories of full members and partners. We will make very important decisions for development and cooperation and for improving the lives of all the inhabitants of these countries,” - said Brazilian Foreign Minister Mauro Vieira
The BRICS is a group formed by eleven countries: Brasil, Russia, India, China, South Africa, Saudi Arabia, Egypt, United Arab Emirates, Ethiopia, Indonesia, and Iran. It serves as a political and diplomatic coordination forum for countries from the Global South and for coordination in the most diverse areas.
In addition to these nations, BRICS also includes nine partner countries: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, and Uzbekistan. Countries in this category may be invited to participate in discussions promoted by the mechanism, subject to the consensual approval of the member states.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
China has issued high heat warnings across hundreds of regions as East Asia faces its most intense heat wave of 2025.
Australia has pledged $283 million to support a green hydrogen project led by explosives manufacturer Orica, aiming to boost renewable energy production and reduce industrial emissions.
Pakistani Prime Minister Shehbaz Sharif on Friday proposed creating a low-emissions corridor and regional climate initiatives under the Economic Cooperation Organization (ECO), warning that climate change is severely affecting food security and livelihoods across the region.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
The world’s largest climate fund approved a record volume of climate finance for developing countries, scaling up its efforts in response to growing global demand for climate finance.
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