South Africa

BRICS countries in plans to create new international gold market

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Zimbabwe’s crisis is internal – but Zimbabweans must now make sure to keep it that way

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South African economy resurgent on consumer demand, exports

South African bulk exports surged by 30.7 per cent y/y in October to a new record
Is the South African economy finally turning a corner? [Xinhua]
The recent data point to a resurgent South African economy after it exited a technical recession in the second quarter. Bulk exports surged by 30.7 per cent year-on-year (y/y) to a new record of 16.7 million metric tonnes (Mt) in October after a 5.1 per cent y/y gain in the first nine months of this year and a 2.8 per cent drop in 2016.

Zimbabwe’s President Robert Mugabe appears with military leaders in new “post-coup” photographs

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Zimbabwe on edge: President Robert Mugabe under house arrest amid coup fears

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Crypto-Rouble: Russia to launch first state sanctioned cryptocurrency in the world

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BRICS urged to boost parliamentary cooperation

Increased parliamentary exchange can boost economic recovery, intra-BRICS trade and a greater role for emerging economies in the international financial architecture [Xinhua]
BRICS member states at a forum in the the Russian city of St. Petersburg have concluded that they want to strengthen parliamentary cooperation between them.
The parliamentary forum, chaired by China, comes on the heels of the 9th BRICS Summit held in the Chinese city of Xiamen last September.

China, Russia support UNSC aspirations of India, Brazil, SA

BRICS Foreign Ministers held their annual meeting on the margins of the 72nd session of the United Nations General Assembly on 21 September 2017 [Image: MEA, India]In a meeting on the sidelines of the UNGA in New York, BRICS Foreign Ministers said they will seek to gather global support for reforming the world body.
BRICS nations have stressed on the “need for a comprehensive reform of the UN, including its Security Council, with a view to making it more representative”, said a joint statement.

‘We need negotiations, not declarations’: Russia stays away from Trump’s UN reform plan

RT | September 18, 2017 As US President Donald Trump officially launched his 10-point reform program for the United Nations, Russian officials say they share many of the concerns it raises, but not the methods Washington is using to advance its solutions. On Monday morning in New York, UN Secretary-General Antonio Guterres and Trump delivered […]