Iran seeks to boost Brazil trade to $10bn annually

At least two Iranian banks are also preparing to open correspondent offices in Brazil to deepen economic ties

Iran, Brazil ready to launch direct shipping route: Official

Brazil has recently expressed an intention to enhance its trade relations with the Islamic Republic

White House hesitates to sanction Brazil over arrival of Iranian warships

US officials say they are talking to their 'Brazilian partners' over the 'collective threat' Iran poses to the Western Hemisphere

Brazil allows two Iranian warships to dock in Rio ignoring US concerns

The Iranian flotilla is expected to cross the Panama Canal soon as it aims to circumnavigate the globe

Iranian Navy ships dock in Brazil despite US concerns

One of the Navy ships is reportedly equipped with anti-ship cruise missiles, torpedoes, and naval guns

Brazilian foreign minister ejects Israeli ambassador

The new Brazilian government has vowed to take a more ‘balanced’ approach to the Palestinian issue

Why the CIA attempted a ‘Maidan uprising’ in Brazil

The failed coup in Brazil is the latest CIA stunt, just as the country is forging stronger ties with the east.

Iranian, Saudi officials meet in Brazil

The vice-president of Iran spoke with Faisal bin Farhan Al Saud, the Foreign Minister of Saudi Arabia, in Brazil

Qatar secures 20 percent stake in major oil block off Brazil’s coast

Doha recently signed major, long-term energy deals with Asian and European nations as it works to expand its annual LNG production capacity from 77 million tons to 110 million tons

Palestinians welcome Lula’s victory against Bolsonaro in Brazil

Brazil formally recognised the State of Palestine in 2010, during Da Silva's second term in office

Iranian President to begin Latin American tour

The Iranian leader is set to visit Venezuela, Cuba, and Nicaragua to deepen economic ties between the sanctioned nations

Saudi Arabia welcomes Venezuelan President days ahead of Blinken visit

Maduro's visit comes as the kingdom has restored ties with both Iran and Syria, two nations that are also target of the US 'maximum pressure' sanctions campaign

Saudi FM attends ‘BRICS Friends’ meeting in Cape Town

More than 20 nations, including Iran, Syria, and Venezuela, have expressed interest in joining the economic bloc

Iran steps up delivery of goods to Russia via North-South corridor

Tehran and Moscow recently agreed to boost the shipping corridor with a railway that will connect Iran’s railroad to Russia and the rest of Europe

Iran’s 86th Naval Fleet completes world trip

For the first time in Iran's naval history, the flotilla completed a protracted voyage around the world, sailing over the Indian, Pacific, and Atlantic seas without requiring aid from shore

Iran’s non-oil trade with BRICS nations nears $40bn

The Iranian economy has been surging in recent years despite a 'maximum pressure' sanctions campaign from Washington

Iran, India discuss shifting trade to national currencies

Dozens of nations around the world have started to ditch the US dollar for bilateral trade in fear of becoming targets of unilateral sanctions

Five Arab states plus Iran among 19 nations ready to join BRICS

As Global South nations continue to ditch the US dollar for trade, BRICS officials have said the bloc is working on developing a new currency

De-dollarization kicks into high gear

The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.

BRICS set to surpass G7 in economic growth

The latest IMF figures reveal that BRICS nations will contribute 32.1 percent to global growth, compared to the G7's 29.9 percent.

Lula ends UAE visit calling for global effort to broker peace in Ukraine

The leftist president blasted the US and Europe for 'encouraging' the war and stressed the need for sovereign nations to abandon the US dollar for bilateral trade

Iran, Nicaragua discussed ways to counter US influence in Latin America: Pentagon leaks

Nicaragua and Venezuela have readily welcomed Iranian assistance to counter US sanctions

The first China-UAE gas deal in yuan: A new blow to dollar dominance

Chinese allies control 40 percent of OPEC+ oil reserves, and the GCC controls another 40 percent. With this China-UAE gas trade settled in yuan, the petrodollar today is under serious threat.

UAE airlines resume accepting Russian payment cards

US sanctions on Russia have caused western financial firms to cease doing business in the country, but Russia is developing its own payments system in cooperation with China

BRICS nations working on ‘fundamentally new currency’: Russian official

The US dollar's hegemony in international markets continues to deteriorate partly due to the Global South's refusal to enforce western sanctions against Russia

ASEAN nations meet, discuss dumping US Dollar, Euro for trade

Indonesia has urged its regional partners to also move away from using Visa and Mastercard to avoid the repercussions of western sanctions on Russia

Saudi oil giant to build refinery in northeast China

The Saudi oil conglomerate has pledged its full support to the east Asian country’s growing demand for fuel and petrochemical products

Major boost in North African imports of Russian energy: Report

Analysts have suggested that the oil is being re-exported from North Africa into European markets to alleviate the energy crisis plaguing western nations

Latin American nations condemn Israel’s illegal settlement expansion

The nations stated that the Tel Aviv's decisions are an 'open war against Palestinians'

Xi calls for lifting of Iran sanctions to restore nuclear deal

Raisi mentioned to reporters that Xi has affirmed his support for Iran to join the BRICS economic alliance