Day: October 22, 2024

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BRICS Leaders Gather in Russia for First Meeting Since Enlargement

The leaders of the BRICS+ group will kick off the bloc’s first leaders’ summit since admitting new members this year. The gathering in Kazan, Russia, from Tuesday to Thursday this week comes as the group faces both increasingly stark geopolitical tensions and new disputes among the recent ...

China and India Reach Border Patrolling Deal

India and China reached an agreement about military patrols along their disputed border, according to a senior Indian official. It could pave the way for the easing of tensions between the two powers. Indian Foreign Secretary Vikram Misri announced on Monday: ...

China Says Reached ‘Resolution’ With India on Contested Border Issues

China said Tuesday it had reached a "resolution" with India over issues related to their disputed border after New Delhi said it had struck a deal with Beijing for military patrols along the frontier. China and India, the world's two most ...

Can China’s New BRI Bonds Spur Sustainable Development?

By Jiang Mengnan In June of this year, the Bank of China (BOC) issued the first sustainable development bonds, for which all funds raised were directed towards countries affiliated with the Belt and Road Initiative (BRI), according to the bank’s website. The ...

Three Big Global Questions on the IMF and World Bank’s Agenda

By Tim Hirschel-Burns The World Bank and the International Monetary Fund (IMF) are not the only places where global economic decision-making takes place, but arguably, no other institutions combine such global scope and implementation power. The United Nations (UN) serves as ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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Development Finance at a Crossroads: BRICS Challenge to Western-led Economic Order

We're going to see two starkly contrasting visions of the current international economic order this week when leaders from nearly two dozen developing countries gather in Russia for a BRICS summit while the development finance elite meet in Washington for the IMF-World Bank's annual meeting.

India Claims Major Breakthrough in Border Stand-off With China

India and China have reached a deal to de-escalate tensions along their bitterly disputed border in the Himalayas, potentially ending a contentious four-year stand-off between the two Asian powers. Indian Foreign Secretary Vikram Misri said ...