Brazil

IMF: Dollar’s "stealth erosion" in global reserves by other currencies

Serkan Arslanalp for the IMF, Barry Eichengreen, Chima Simpson-Bell June 11, 2024

The US dollar's share in global reserve currencies is falling steadily, but instead of being replaced by one of the "big four" alternatives – euro, yen, and pound – central banks are buying currencies like the Chinese yuan.

Pakistan, Brazil pull out of Ukraine’s Swiss peace summit

Ben Aris in Berlin June 4, 2024

Pakistan and Brazil have added their names to the leading global south countries that will skip Ukraine’s peace summit to be held in Switzerland next week.

“Silent demise” of world’s vast rangelands threatens food supply of billions, warns UNCCD report

bne IntelliNews May 21, 2024

Sixty-plus experts examine degradation caused by land overuse and misuse, climate change and biodiversity loss.

BRICS currency is coming soon, Iranian ambassador

bne Tehran bureau May 19, 2024

Iran is actively participating in initiatives under Russia's leadership in BRICS, with the two countries working towards creating a single currency for the bloc, Iranian Ambassador to Russia Kazem Jalali said to local media.

Russia's nuclear diplomacy binding emerging markets to the Kremlin

Ben Aris in Berlin May 14, 2024

Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.

Leading emerging markets move rapidly up World Bank’s PPP GDP and FDI confidence rankings

Ben Aris in Berlin April 9, 2024

The world’s leading Emerging Markets are moving rapidly up the World Bank’s latest GDP rankings in PPP (purchase power parity) terms as well as the annual foreign direct investment confidence ranking.

Disaster season: heat waves sweep the world – in charts and maps

Ben Aris in Berlin April 8, 2024

In the last week temperatures have soared, breaking monthly records in nearly half the countries on the planet. In much of Europe temperatures have reached those of mid-summer in the first week of April.

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