China and Russia have attempted to frame BRICS as an anti-Western geopolitical body.
Member and partner states have fundamental disagreements on regional and international issues, however. Such discrepancies include relations with the West and Chinese dominance of BRICS.
India is particularly concerned about outsized Chinese & Russian influence.
Brazil, India, and South Africa all opposed further BRICS expansion partially due to fears that adding pro-Chinese or pro-Russian partners would push the body towards a firmer anti-Western stance.
The African countries in BRICS also have divergent interests. New BRICS+ members Egypt & Ethiopia are fierce regional rivals, while both are competing with South Africa and new partner country Nigeria for leadership on the continent, including securing a permanent UNSC seat.
Brazil, India, and South Africa have tried to balance ties with the West and explicitly avoided making BRICS an anti-Western body.
This approach is shared by many African countries and reflects the policies of the new African BRICS affiliates.
Given its economic focus & pattern of expansion, BRICS will likely prioritize increasing engagement with countries suited to help expand the bloc's global economic leverage in key comparative advantage sectors, which could aid long-term objectives like de-dollarization.
BRICS expansion has expanded the bloc's ties to regional institutions in Africa, the Americas, and Asia. The expansion has also pushed the bloc's global share of population & foreign exchange reserves over 50 percent & increased its share of oil production, exports, and GDP.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
The CSCE says that this is a response to the arrival of a contingent of North Korean troops on Russian soil which is expected to take part in actual combat.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
/CIG/ Telegram | Counter Intelligence Global
Tokidoki, the Italian brand which created the controversial ‘Luce and Friends’ mascots for the 2025 Jubilee Year, has collaborated on a range of ‘adult toys’ – the designs of which have been described and reviewed in strikingly similar terms to the Vatican mascot.
The toys were designed with a similar, distinctive tokidoki kitsch aesthetic to “Luce and Friends.”
In October 2016, Lovehoney launched its tokidoki product range. AVN Media Network wrote the following, naming Simone Legno (the creator of “Luce and Friends”):
Lovehoney no longer stocks these products, although they are still for sale elsewhere. The Wayback Machine shows the official Lovehoney product denoscription for one of the sex toys designed by the “Luce and Friends” creators, but it is too explicit to reproduce here.
In the interests of Christian modesty, we will not be linking to any sites or including any pictures.
Please open Telegram to view this post
VIEW IN TELEGRAM
LifeSite
UPDATE: Pro-LGBT creator of Vatican 'Luce' mascot also behind demon adult sex toy designs - LifeSite
Tokidoki, the Italian brand which created the controversial ‘Luce and Friends’ mascots for the 2025 Jubilee Year, has collaborated on a range of ‘adult toys’ – the designs of which have been described and reviewed in strikingly similar terms to the Vatican…
Forwarded from ASIANOMICS
🇨🇳 China's manufacturing activity expands for the first time in six months
China's manufacturing activity expanded for the first time in six months and services picked up in October, indicating that Beijing's latest stimulus measures are helping the economy turn a corner.
The National Bureau of Statistics purchasing managers' index (PMI) on Thursday rose to 50.1 from 49.8 in September, just above the 50-mark separating growth from contraction.
Policymakers are banking that a stimulus effort announced in late September will pull economic growth back towards this year's roughly 5% target and kick lending and investment back into gear.
#China
@asianomics
China's manufacturing activity expanded for the first time in six months and services picked up in October, indicating that Beijing's latest stimulus measures are helping the economy turn a corner.
The National Bureau of Statistics purchasing managers' index (PMI) on Thursday rose to 50.1 from 49.8 in September, just above the 50-mark separating growth from contraction.
Policymakers are banking that a stimulus effort announced in late September will pull economic growth back towards this year's roughly 5% target and kick lending and investment back into gear.
#China
@asianomics
Forwarded from DD Geopolitics
🇨🇳 China’s PLA Navy conducts first-ever dual-carrier formation exercises in the South China Sea
The drills featured both the Liaoning and Shandong aircraft carriers.
🔴 @DDGeopolitics
The drills featured both the Liaoning and Shandong aircraft carriers.
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
Forwarded from ASIANOMICS
🇪🇺🇨🇳 EU investments in China soar to new quarterly record of US$3.9 billion
Despite calls by European Union political leaders to “de-risk” economic ties with China, EU businesses’ greenfield investments there surged to record levels in the second quarter of 2024, led by German carmakers.
Greenfield investments – the creation of a new company or establishment of new facilities – soared to €3.6 billion (US$3.9 billion) in China from April through June. This was the highest quarterly level on record and well above the average quarterly EU investment of €1.8 billion since 2022.
The top five EU corporate investors were Germany’s Volkswagen, BMW and chemicals giant BASF, Sweden’s Ingka Group – which owns furniture retailer Ikea – and Dutch-incorporated tech company STMicroelectronics.
#EU #China
@asianomics
Despite calls by European Union political leaders to “de-risk” economic ties with China, EU businesses’ greenfield investments there surged to record levels in the second quarter of 2024, led by German carmakers.
Greenfield investments – the creation of a new company or establishment of new facilities – soared to €3.6 billion (US$3.9 billion) in China from April through June. This was the highest quarterly level on record and well above the average quarterly EU investment of €1.8 billion since 2022.
The top five EU corporate investors were Germany’s Volkswagen, BMW and chemicals giant BASF, Sweden’s Ingka Group – which owns furniture retailer Ikea – and Dutch-incorporated tech company STMicroelectronics.
#EU #China
@asianomics
Forwarded from Thermopylae
🇺🇸 - Trump pledges to parents who homeschool their children that he will eliminate taxes on up to $10,000 for all costs associated to their children's education.
"I will also work to ensure that every homeschool family is ennoscriptd to full access to the benefits available to non-homeschool students, including participating in athletic programs, clubs, after-school activities, educational trips, and more."
Follow: @ThermopylaeNews
"I will also work to ensure that every homeschool family is ennoscriptd to full access to the benefits available to non-homeschool students, including participating in athletic programs, clubs, after-school activities, educational trips, and more."
Follow: @ThermopylaeNews
Forwarded from Thermopylae
🇺🇸 - On Joe Rogan's podcast, JD Vance talls about how Reagan's illegal alien amnesty turned California blue.
Follow: @ThermopylaeNews
Follow: @ThermopylaeNews
This media is not supported in your browser
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
🇺🇸 🦁 👩🏾 — New law makes dueling presidential transitions possible
🔶 The Presidential Transition Improvement Act now mandates that the transition process begin five days after the election, even if more than one candidate hasn’t conceded.
🔶 But the new law also effectively mandates federal support and cooperation for both candidates to begin a transition. It states that such support should continue until “significant legal challenges” that could alter electoral outcomes have been “substantially resolved,” or when electors from each state meet in December to formally choose an Electoral College winner.
🔶 That means the government potentially bestowing enough backing that both sides can prepare an administration until mid-December — only about a month before Inauguration Day on Jan. 20.
🔗 Link
🔶 The Presidential Transition Improvement Act now mandates that the transition process begin five days after the election, even if more than one candidate hasn’t conceded.
🔶 But the new law also effectively mandates federal support and cooperation for both candidates to begin a transition. It states that such support should continue until “significant legal challenges” that could alter electoral outcomes have been “substantially resolved,” or when electors from each state meet in December to formally choose an Electoral College winner.
🔶 That means the government potentially bestowing enough backing that both sides can prepare an administration until mid-December — only about a month before Inauguration Day on Jan. 20.
Please open Telegram to view this post
VIEW IN TELEGRAM
/CIG/ Telegram | Counter Intelligence Global
Volkswagen is mired in deep crisis. This flagship of the German automobile industry and symbol of our postwar economic miracle is awash in debt, battered by unrelentingly high labour and energy prices. The metalworkers’ union IG Metall have driven wages at Volkswagen to imprudent extremes, and the company has poured mountains of good money after bad in its grasping effort to develop serviceable and marketable electric vehicles.
VW have no choice if they are to survive our looming and entirely self-imposed ban on internal combustion engines. Alas, VW’s battery-powered cars compete poorly with foreign models from companies like Tesla and BYD, because electric vehicles are entirely different products that employ entirely different technologies, and there’s no reason that a leading producer of petrol-powered cars should also happen to be a leading producer of electric cars. Demanding, via political fiat, that your automobile industry begin producing a totally different product in the course of the next decade, is not all that different from abolishing your automobile industry.
The Green-Leftist establishment are eagerly blaming management for these failures, which is on the one hand not entirely wrong, but on the other hand not nearly an absolution. The German state of Lower Saxony holds a 20% stake in Volkswagen, and so they also manage the company. Recently, in a fit of virtue, they placed a Green politician – Julia Willie Hamburg – on its supervisory board. Hamburg does not even own a car and has used her position to argue that Volkswagen should regard itself not as an automobile manufacturer but as a “mobility services provider” and shift its focus away from “individual transport.”
Germany has succumbed to political forces that have nothing but indifference and disdain for the industries that have made us prosperous. Our sitting Economics Minister, Robert Habeck, gave an interview to taz in 2011 in which he said that “fewer cars will not lead to less economic growth, but to new industries,” and attacked “the old growth theory, based on gross domestic product.”
Behind Green politicians like Habeck are even more radical forces, like Ulrike Herrmann, the editor of TAZ, for many years a member of the Green Party and also an open advocate of wide-scale deindustrialisation. Ulrike Hermann has said some crazy things in the past, most being outlined in her book: The End of Capitalism: Why Growth and Climate Protection Are Not Compatible – and How We Will Live in the Future.
From these monographs, we learn that Herrmann sees climatism as a means of imposing a centrally planned economy in which we will own nothing and be happy. Happily, Herrmann also talks a lot, and in her various speeches and interviews she states her vision for decarbonising Germany in very radical terms.
The central elements of the economy would have to be rationed. First of all, living space, because cement emits endless amounts of CO2. Actually, new construction would have to be banned outright and living space rationed to 50 square metres per capita. That should actually be enough for everyone. Then meat would have to be rationed, because meat production emits enormous amounts of CO2.
Then train travel has to be rationed. So this idea, which many people also have – ‘so okay then I don’t have a car but then I always travel on the Intercity Express trains’ – taht won’t work either, because of course air resistance increases with speed. Yes, it’s all totally insane. Trains won’t be allowed to travel faster than 100 kilometres per hour, but you can still travel around locally quite a lot.
Please open Telegram to view this post
VIEW IN TELEGRAM
Eugyppius
In which a leading Green intellectual demands wide-scale deindustrialisation, permanent rationing, the prohibition of all new construction…
Germany's ongoing deindustrialisation is no accident; key Green intellectuals have demanded precisely this for decades, and now the Greens are in government and they are getting what they want.
Forwarded from QVINTA ÆTAS
"(...)
The next way in which US strategy towards Africa manifests itself is through the “Africa Growth and Opportunity Act” (AGOA) that allows for duty-free trade between them. The downside to this arrangement is that the US has removed countries like Ethiopia and Mali from it as punishment for them refusing to comply with its political demands. In other words, while there are certainly some economic benefits to be had from this arrangement, they can be cut off if countries don’t do what the US wants.
BRICS’ response has been to liberalize trade and investment with Africa as a whole, which is easier than ever due to the creation of the “Africa Continental Free Trade Area” (AfCFTA). China leads the way in this respect due to its much larger and more developed economy relative to other BRICS members, but Russia, India, and the UAE are also making important strides in this direction too. The goal is to diversify these countries’ trade partnerships so that they’re not destabilized if the US kicks them out of AGOA."
#Geoeconomics
🗄 Archive
🔗 Full:
Please open Telegram to view this post
VIEW IN TELEGRAM
Telegraph
The US Vs BRICS In Africa
Authored by Andrew Korybko via Substack, Africa is increasingly figuring into major countries’ and organizations’ discussions due to its growing importance in global affairs. The UN expects that more than half of the world’s population growth by the 2050…
Forwarded from Africa Intel
🇸🇴 UN Security Council approves transformation of mission in Somalia
The UN Security Council (UNSC) has adopted a resolution that allows the UN Assistance Mission in Somalia (UNSOM) to be wound down within the next two years.
At the time of the withdrawal, the UN mission will be transformed and renamed the UN Transition Mission in Somalia (UNTMIS). The Somali government has asked to delay the withdrawal of peacekeepers.
The resolution on the transformation was approved by all 15 members of the UN Security Council. The transfer of powers to the transition mission will begin on November 1, 2024 and end on October 31, 2026.
#Somalia
@africaintel
The UN Security Council (UNSC) has adopted a resolution that allows the UN Assistance Mission in Somalia (UNSOM) to be wound down within the next two years.
At the time of the withdrawal, the UN mission will be transformed and renamed the UN Transition Mission in Somalia (UNTMIS). The Somali government has asked to delay the withdrawal of peacekeepers.
The resolution on the transformation was approved by all 15 members of the UN Security Council. The transfer of powers to the transition mission will begin on November 1, 2024 and end on October 31, 2026.
#Somalia
@africaintel
Forwarded from Africa Intel
🇪🇹 Construction of Africa's Largest Airport Begins in Ethiopia
Ethiopian Prime Minister Abiy Ahmed has announced the start of construction of Africa's largest international airport with a capacity of up to 130 million passengers per year.
"We have started work on building the largest airport in Africa, which will handle 100-130 million passengers a year. We are also expanding Ethiopian Airlines' fleet by 124 aircraft to strengthen the airline's position as the largest in Africa."
In addition, it is planned to expand the capacity for aircraft maintenance and repair, which will increase the number of jobs and improve the level of aviation development in the country.
The current Addis Ababa airport has the capacity to handle 20 million passengers per year.
#Ethiopia
@africaintel
Ethiopian Prime Minister Abiy Ahmed has announced the start of construction of Africa's largest international airport with a capacity of up to 130 million passengers per year.
"We have started work on building the largest airport in Africa, which will handle 100-130 million passengers a year. We are also expanding Ethiopian Airlines' fleet by 124 aircraft to strengthen the airline's position as the largest in Africa."
In addition, it is planned to expand the capacity for aircraft maintenance and repair, which will increase the number of jobs and improve the level of aviation development in the country.
The current Addis Ababa airport has the capacity to handle 20 million passengers per year.
#Ethiopia
@africaintel
Forwarded from QVINTA ÆTAS
Bloomberg
Mumbai-based pharma company, Shreya Life Sciences, is selling top-end Dell servers optimized for AI to Russia
"Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day.
But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India’s burgeoning role as an intermediary in the sales.
A Bloomberg News analysis of data compiled by trade-tracking firms ImportGenius and NBD shows that Shreya exported 1,111 units of Dell Technologies Inc.’s most-advanced servers to Russia in April-August of this year."
🗄 Archive
🔗 Source:
Please open Telegram to view this post
VIEW IN TELEGRAM
Bloomberg.com
How a Mumbai Drugmaker Is Helping Putin Get Nvidia AI Chips
Trade-tracking data show that the Indian firm is selling top-end Dell servers optimized for artificial intelligence to Russia.
▪️Israeli forces broke into the southern neighborhoods of al-Khiam town.
▪️Israeli bulldozers are creating embankments in the eastern outskirts of al-Khiam, similar to actions previously taken in the Netzarim Corridor.
▪️This measure is aimed at providing security for infantry forces and protecting Merkava tanks from ATGMs. It appears that the Tel Aviv regime is preparing for a heavy confrontation in al-Khiam axis.
Please open Telegram to view this post
VIEW IN TELEGRAM