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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
Jun 08, 2023
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Iran, Brazil ready to launch direct shipping route: Official
Brazil has recently expressed an intention to enhance its trade relations with the Islamic Republic
Apr 11, 2023
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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
Mar 08, 2023
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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
Feb 28, 2023
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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
Jan 28, 2023
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Brazilian foreign minister ejects Israeli ambassador
The new Brazilian government has vowed to take a more ‘balanced’ approach to the Palestinian issue
Jan 12, 2023
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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.
Jan 10, 2023
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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
Jan 03, 2023
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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
Dec 17, 2022
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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
Oct 31, 2022
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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
Jun 09, 2023
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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
Jun 05, 2023
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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
Jun 02, 2023
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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
May 30, 2023
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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
May 21, 2023
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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
May 08, 2023
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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
May 02, 2023
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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
Apr 27, 2023
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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.
Apr 27, 2023
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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.
Apr 19, 2023
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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
Apr 17, 2023
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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
Apr 14, 2023
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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.
Apr 06, 2023
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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
Apr 03, 2023
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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
Mar 31, 2023
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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
Mar 30, 2023
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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
Mar 27, 2023
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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
Feb 27, 2023
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Latin American nations condemn Israel’s illegal settlement expansion
The nations stated that the Tel Aviv's decisions are an 'open war against Palestinians'
Feb 18, 2023
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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
Feb 16, 2023
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