U.S. President Donald Trump warned BRICS member states of a 100% tariff in an effort to deter them from moving away from the U.S. dollar as the global reserve currency.
"We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty US dollar or, they will face 100% Tariffs," Trump stated on Truth Social platform.
"There is no chance that BRICS will replace the US dollar in international trade, or anywhere else, and any country that tries should say hello to tariffs, and goodbye to America!" he added.
Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
Brazil announces Nigeria's acceptance as a partner country in BRICS, highlighting shared interests and Nigeria's growing role in global governance and the Global South.
Indonesia is formally joining the BRICS group of major emerging economies as a full member.
Nine countries will join BRICS as partner states in January 2025, gaining limited participation rights, as outlined in the Kazan Declaration.
South Korea’s top court will decide on Friday whether to remove or reinstate President Yoon Suk Yeol, whose brief martial law order sparked the country’s biggest political crisis in years.
The Pentagon’s internal debate over restructuring key military commands — including potentially ending the U.S. monopoly over NATO’s top post — has raised red flags among generals and lawmakers alike, amid growing unease in Europe.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
U.N. aid chief Tom Fletcher is set to visit Myanmar on Friday, following the country’s devastating earthquake. The U.N. is urging for urgent international assistance and unhindered aid access as the region grapples with the aftermath of the disaster.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
South Korea’s top court will decide on Friday whether to remove or reinstate President Yoon Suk Yeol, whose brief martial law order sparked the country’s biggest political crisis in years.
The Pentagon’s internal debate over restructuring key military commands — including potentially ending the U.S. monopoly over NATO’s top post — has raised red flags among generals and lawmakers alike, amid growing unease in Europe.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
U.N. aid chief Tom Fletcher is set to visit Myanmar on Friday, following the country’s devastating earthquake. The U.N. is urging for urgent international assistance and unhindered aid access as the region grapples with the aftermath of the disaster.
South Korea’s top court will decide on Friday whether to remove or reinstate President Yoon Suk Yeol, whose brief martial law order sparked the country’s biggest political crisis in years.
The Pentagon’s internal debate over restructuring key military commands — including potentially ending the U.S. monopoly over NATO’s top post — has raised red flags among generals and lawmakers alike, amid growing unease in Europe.
President Trump’s new tariffs hit 185 countries, with Kazakhstan facing the highest rate at 27%. Kazakhstan now seeks talks with U.S. officials to ease the impact.
The U.S. has pressured Lebanon to act against Hezbollah, urging the Lebanese Armed Forces (LAF) to enforce a ceasefire. The LAF, caught between U.S. demands and Hezbollah’s influence, risks losing vital U.S. support if it fails to act.
U.N. aid chief Tom Fletcher is set to visit Myanmar on Friday, following the country’s devastating earthquake. The U.N. is urging for urgent international assistance and unhindered aid access as the region grapples with the aftermath of the disaster.
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