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Russian-Ethiopian trade tripled last year, Putin says

Russian President Vladimir Putin said trade between Russia and Ethiopia more than tripled by the end of 2025 and continues to grow. He also highlighted humanitarian cooperation, noting that more than 20,000 Ethiopian citizens have received their education in Russia.

Trade & sanctionsRussiaEthiopiatradehumanitarian cooperation

TTASSOriginal★★★☆☆2026-09-12 15:42

Russian-Ethiopian trade tripled last year, Putin says

Healthcare Costs Have Small Businesses in an Impossible Bind

The healthcare affordability crisis is squeezing everyone, but it has become especially severe for small businesses. Repeated surveys show employers expect healthcare costs to increase by nearly 10% on average in 2027, with small firms potentially facing twice that rise.

Companies & industrysmall businesseshealthcare costsaffordability crisis

BBloomberg NewsOriginal★★☆☆☆2026-09-12 15:30

Healthcare Costs Have Small Businesses in an Impossible Bind
Healthcare Costs Have Small Businesses in an Impossible Bind

WorldFull text of Xi Jinping's speech at Session I of the 18th BRICS Summit

Chinese President Xi Jinping addressed the first session of the 18th BRICS Summit in New Delhi on September 12. He called on BRICS to stand on the right side of history and help make the international order fairer, while proposing a BRICS initiative on AI-empowered new industrialization and deeper cooperation in AI, research, applications and supply chains.

BRICSXi JinpingGlobal Southartificial intelligence

CCGTNOriginal★★★★☆2026-09-12 15:05

Full text of Xi Jinping's speech at Session I of the 18th BRICS Summit
Full text of Xi Jinping's speech at Session I of the 18th BRICS Summit
  • Xi Jinping's key quotes at Session I of 18th BRICS Summit
    Xi Jinping's key quotes at Session I of 18th BRICS Summit

    Chinese President Xi Jinping spoke at the first session of the 18th BRICS Summit in New Delhi on Saturday. He urged BRICS countries to stand on the right side of history, advance innovation-led development, protect peace and stability, promote mutual learning among civilizations and improve global governance toward a fairer international order and a shared future for humanity.

    BRICS SummitXi Jinpingglobal governance

    CCGTN★★★★☆2026-09-12 14:42Original
  • BRICS nations call for Palestinian representation in international organizations

    The Delhi Declaration adopted at the 18th BRICS summit calls for adequate Palestinian representation in all relevant international organizations and backs Palestine’s full UN membership. BRICS members reaffirmed that a just and lasting Israeli-Palestinian settlement can only come through peaceful means and recognition of Palestinians’ legitimate rights, including self-determination and return.

    BRICSPalestineUnited NationsIsraeli-Palestinian conflict

    TTASS★★★★☆2026-09-12 12:52Original
  • BRICS nations condemn attempts to politicize humanitarian aid to Palestinians

    The New Delhi Declaration says BRICS members are gravely concerned about conditions in Gaza and the West Bank. They condemned politicizing or militarizing humanitarian assistance, starvation as a method of warfare, attacks on civilians and civilian infrastructure, and obstruction of aid, while reaffirming support for UNRWA and calling for respect for Jerusalem’s religious sites and access rights.

    BRICSPalestinianshumanitarian aidGaza

    TTASS★★★★☆2026-09-12 12:43Original
  • Xi says BRICS is the world’s most influential platform for emerging-market cooperation

    Chinese President Xi Jinping said in New Delhi that BRICS has become the world’s most influential cooperation platform for emerging markets and developing countries. Addressing the first session of the 18th BRICS Summit, Xi urged members to deepen cooperation in areas including artificial intelligence, uphold peace and stability, and help make the international order more just and equitable.

    BRICSXi JinpingGlobal Southartificial intelligence

    CChina News Service★★★★☆2026-09-12 12:43Original
  • Xi says BRICS countries should stand firmly on the right side of history
    Xi says BRICS countries should stand firmly on the right side of history

    Chinese President Xi Jinping said at the 18th BRICS Summit in New Delhi that BRICS countries should stand firmly on the right side of history. He urged them to lead in innovative development, peace and stability, civilizational exchange and global governance, while steering the international order toward greater justice and equity and building a community with a shared future for humanity.

    BRICSXi Jinpingglobal governance

    CCGTN★★★★☆2026-09-12 12:25Original
  • BRICS adopts joint declaration, urges ‘maximum restraint’ over Middle East war
    BRICS adopts joint declaration, urges ‘maximum restraint’ over Middle East war

    BRICS members unanimously approved a joint declaration on Saturday voicing deep concern about the war in the Middle East. They called for maximum restraint and backed a multilateral approach that respects national perspectives.

    BRICSjoint declarationMiddle East war

    RReuters★★★★☆2026-09-12 12:25Original
  • BRICS nations call for stepped-up efforts to de-escalate Middle East tensions

    The Delhi Declaration adopted at the 18th BRICS summit says member states are deeply concerned about the continued escalation of tensions in the Middle East. Participants called for protecting civilians and civilian infrastructure, urged dialogue and diplomacy toward lasting regional peace, and stressed maintaining the smooth flow of global trade, supply chains and energy under international law.

    BRICSMiddle Eastdiplomacyregional security

    TTASS★★★★☆2026-09-12 12:24Original
  • BRICS to continue work on cross-border payment mechanisms and national currencies

    BRICS leaders said in the New Delhi Declaration adopted at the group’s 18th summit that they will continue developing cross-border payment mechanisms and promoting the use of national currencies. They called for further discussions aimed at practical payment solutions that are fast, low-cost, accessible, efficient, transparent and secure, while respecting national priorities and recognizing that no single approach fits all countries.

    BRICScross-border paymentsnational currencies

    TTASS★★★★☆2026-09-12 12:23Original
  • BRICS nations reiterate commitment to reforming global governance — declaration

    The New Delhi Declaration adopted at the 18th BRICS summit reaffirms the members’ commitment to reforming global governance through a fairer and more effective multilateral system. The states highlighted the UN’s central role and pledged to uphold multilateralism, multipolarity and international law, including the UN Charter.

    BRICSglobal governanceUnited Nations

    TTASS★★★★☆2026-09-12 12:14Original
  • BRICS nations adopt New Delhi summit declaration, Modi says

    The leaders of BRICS member states and governments adopted the New Delhi Declaration of the group’s 18th summit, Indian Prime Minister Narendra Modi announced. He said no member had raised objections and that the 2026 declaration was unanimously approved.

    BRICSNew Delhi summitdeclaration

    TTASS★★★★☆2026-09-12 11:39Original
  • China’s Xi urges BRICS to take on peacemaking role in Middle East war
    China’s Xi urges BRICS to take on peacemaking role in Middle East war

    Chinese President Xi Jinping urged BRICS to act as a peacemaker in the Middle East conflict during an address to the bloc’s summit in New Delhi on Saturday.

    BRICSXi JinpingMiddle East conflict

    RReuters★★★★☆2026-09-12 11:05Original
  • BRICS leaders meet in India as wars and US tensions test the bloc
    BRICS leaders meet in India as wars and US tensions test the bloc

    BRICS leaders are meeting in New Delhi for a summit centred on trade, investment and global conflicts. As wars and tensions with the United States challenge the bloc, it is seeking a larger role in shaping the global agenda for emerging and developing countries.

    BRICSIndiaglobal conflicts

    FFrance 24★★★★☆2026-09-12 10:29Original
  • Xi hails BRICS’ importance in fostering emerging markets’ cooperation
    Xi hails BRICS’ importance in fostering emerging markets’ cooperation

    Speaking at the 18th BRICS Summit in New Delhi, Xi Jinping said the group has become the world’s most influential platform for cooperation among emerging markets and developing countries. He urged members to deepen AI cooperation, uphold peace and stability, promote civilizational exchanges and help guide the international order toward greater justice and equity.

    BRICSXi JinpingGlobal Southinternational cooperation

    CCGTN★★★★☆2026-09-12 09:06Original
  • Trump may be BRICS’s best recruitment agent
    Trump may be BRICS’s best recruitment agent

    Donald Trump’s efforts to weaken BRICS through tariffs and economic pressure may instead encourage countries to reduce their dependence on US-centred markets, finance and the dollar. BRICS is not a unified anti-US alliance, but its diverse members are cautiously expanding local-currency trade and payment links to limit their exposure to American leverage.

    BRICSDonald TrumpUS dollarinternational trade

    AAl Jazeera★★★★☆2026-09-12 07:44Original
  • Wars in Ukraine and Iran set to dominate BRICS summit
    Wars in Ukraine and Iran set to dominate BRICS summit

    Leaders of the 11-member BRICS bloc are meeting in New Delhi on Saturday to expand economic cooperation and seek a larger role for emerging powers in global affairs. Wars in Ukraine and the Middle East are testing the group’s ability to stay united.

    BRICSNew DelhiUkraine warIran war

    FFrance 24★★★★☆2026-09-12 06:51Original
  • Infographics: BRICS in numbers

    The BRICS cooperation mechanism, formally launched in 2006, opened a new chapter in cooperation among major emerging economies. As the world undergoes profound changes, BRICS is amplifying Global South countries’ calls for better governance, greater security and the right to development.

    BRICSGlobal Southemerging economies

    CChina News Service★★★☆☆2026-09-12 05:40Original

Niger: Kafra oil block could hold 2.5 billion barrels

Niger’s oil minister said active drilling has begun at the Kafra oil block, which could contain an estimated 2.5 billion barrels. The area may become a cornerstone of economic cooperation with neighbouring Algeria, while Chinese companies currently operate most of Niger’s oil production.

Energy & commoditiesNigerKafra oil blockoil reservesAlgeria

FFrance 24Original★★★☆☆2026-09-12 14:19

Niger: Kafra oil block could hold 2.5 billion barrels
Niger: Kafra oil block could hold 2.5 billion barrels

Putin says BRICS business circles are interested in deepening cooperation

Russian President Vladimir Putin said business circles are showing strong interest in deepening economic cooperation among BRICS countries. He said members of the BRICS Business Council had offered initiatives to expand practical cooperation, with ambitious multilateral projects taking shape.

Macro & central banksTrade & sanctionsCryptoCompanies & industryBRICSeconomic cooperationmultilateral projects

TTASSOriginal★★★☆☆2026-09-12 14:10

Putin says BRICS business circles are interested in deepening cooperation

BRICS to focus on sustainable development amid protectionist measures — declaration

The New Delhi Declaration adopted at the 18th BRICS summit says the group should promote a just, fair, stable and predictable environment for mutually beneficial sustainable development amid unilateral protectionist measures. Members also stressed the need for resilient, reliable and stable supply chains attentive to developing countries’ modernization needs.

Trade & sanctionsBRICSsustainable developmentprotectionismsupply chains

TTASSOriginal★★★★☆2026-09-12 13:40

BRICS to focus on sustainable development amid protectionist measures — declaration
  • BRICS nations call for creating just supply chains of critical minerals

    The New Delhi Declaration adopted at the BRICS summit calls for reliable, responsible, diversified, resilient, fair, sustainable and just supply chains for critical minerals. The group says these minerals are vital to zero- and low-emission energy technologies, energy security and resilient energy supplies, while resource-rich countries retain sovereignty over their resources.

    BRICScritical mineralssupply chainsenergy security

    TTASS★★★★☆2026-09-12 13:37Original

The dilution trap where Bitcoin holdings rise while shareholder value stalls

Buying shares in a Bitcoin treasury company means relying on management to decide how to finance purchases, trade the coins and cover obligations. France’s Capital B increased its holdings from 3,145 BTC to 3,521 BTC, or about 12%, between Aug. 17 and Sept. 7, yet Bitcoin per share barely changed when potential future shares were included. The example shows how issuing shares or borrowing can alter investor value.

CryptoBitcoinCapital Bshare dilutioncrypto investing

CCryptoSlateOriginal★★☆☆☆2026-09-12 13:40

The dilution trap where Bitcoin holdings rise while shareholder value stalls
The dilution trap where Bitcoin holdings rise while shareholder value stalls

Three decades in China: A CIFTIS veteran witnesses China's development and vitality

The 2026 China International Fair for Trade in Services drew more attendees than earlier editions, many of whom were fond of Sri Lankan products, said A.M.M. Anura Banda. After 30 years in China, he has watched its development and the expanding opportunities it offers for business, study and personal growth.

OtherCIFTISChina developmentSri Lankan products

CChina News ServiceOriginal★★☆☆☆2026-09-12 13:32

Three decades in China: A CIFTIS veteran witnesses China's development and vitality

Georgian official says China key to export diversification

Georgia’s Deputy Economy Minister Irakli Nadareishvili called China a core partner, citing $2.3 billion in bilateral trade last year and the countries’ comprehensive strategic partnership. He identified AI, the digital economy and services as future growth areas, alongside Georgia’s Middle Corridor infrastructure, renewable energy and undersea cable projects.

Macro & central banksTrade & sanctionsGeorgiaChinaexport diversificationdigital economy

CCGTNOriginal★★★☆☆2026-09-12 13:27

Georgian official says China key to export diversification
Georgian official says China key to export diversification

PoliticsBRICS nations call for lifting unilateral and secondary sanctions, deeming them illegal

The BRICS countries called for the removal of unilateral economic and secondary sanctions that violate international law and the UN Charter in the Delhi Declaration adopted at their 18th summit. They said such measures harm the human rights of ordinary people in targeted states, including rights to development, health and food security, while widening the digital divide and worsening environmental challenges.

BRICSunilateral sanctionssecondary sanctions

TTASSOriginal★★★★☆2026-09-12 13:06

BRICS nations call for lifting unilateral and secondary sanctions, deeming them illegal
  • BRICS nations view unilateral tariffs and non-tariff measures as threat to global trade

    The New Delhi Declaration adopted at the 18th BRICS summit says unilateral tariffs and non-tariff measures threaten global trade. Member states warned that trade restrictions inconsistent with WTO rules could further reduce commerce, disrupt supply chains, deepen economic disparities and create uncertainty, while pledging to strengthen the multilateral trading system.

    BRICSglobal tradetariffsWTO

    TTASS★★★★☆2026-09-12 12:53Original

Trump sees Iran war ending soon after midterm elections, predicts oil prices will then fall sharply

Trump predicted that the Iran war would end soon after the midterm elections, followed by a sharp drop in oil prices. Oil prices retreated Friday on hopes that negotiations could resume, but still posted steep weekly gains after surging above $100 a barrel.

Energy & commoditiesDonald TrumpIran waroil prices

CCNBCOriginal★★★★☆2026-09-12 13:02

Trump sees Iran war ending soon after midterm elections, predicts oil prices will then fall sharply
Trump sees Iran war ending soon after midterm elections, predicts oil prices will then fall sharply

‘The Price of Money’ authors link rising borrowing costs to boomers’ savings and surging debt

The authors of “The Price of Money” argue that rising borrowing costs are driven more by boomers’ savings and surging debt than by monetary policy or Trump’s war with Iran.

Macro & central banksMarketsborrowing costssavingsdebtmonetary policy

BBloomberg NewsOriginal★★☆☆☆2026-09-12 12:30

‘The Price of Money’ authors link rising borrowing costs to boomers’ savings and surging debt

Reforming IMF, World Bank and WTO long overdue — Putin

Russian President Vladimir Putin told the BRICS summit that the IMF, World Bank and WTO were created under entirely different political and economic conditions, making reform of global economic governance institutions long overdue. He said the institutions are struggling to adapt as business activity increasingly shifts toward emerging markets.

Trade & sanctionsBanking & financeVladimir PutinBRICSglobal economic governanceIMF

TTASSOriginal★★★★☆2026-09-12 11:45

Reforming IMF, World Bank and WTO long overdue — Putin

WorldSaudi shutdown of key pipeline limits oil flow as Yemen hits back against Houthis

Saudi Arabia has shut a critical oil pipeline after it was hit by drones launched from Iraq. The move comes as attacks by Iran-backed Houthi rebels this week further tighten Middle Eastern supplies and threaten to worsen the global energy crisis.

Saudi ArabiaYemenHouthisoil supply

NNBC NewsOriginal★★★★☆2026-09-12 10:36

Saudi shutdown of key pipeline limits oil flow as Yemen hits back against Houthis
Saudi shutdown of key pipeline limits oil flow as Yemen hits back against Houthis
  • Saudi Arabia shuts critical oil pipeline after drone attack: What it means
    Saudi Arabia shuts critical oil pipeline after drone attack: What it means

    Saudi Arabia has temporarily closed its critical East-West oil pipeline after a drone attack. Iraq confirmed the strike originated from its territory, launched an investigation and closed a border crossing with Iran. No group has claimed responsibility, while the shutdown adds to disruptions facing Saudi oil exports.

    Saudi Arabiaoil pipelinedrone attackIraq

    AAl Jazeera★★★★☆2026-09-12 10:36Original
  • Trump says Iran probably responsible for attack on Saudi pipeline
    Trump says Iran probably responsible for attack on Saudi pipeline

    U.S. President Donald Trump said Saturday that Iran was probably behind an aerial attack on Saudi Arabia that forced the closure of the kingdom’s East-West pipeline, a major route for exporting crude while avoiding the Strait of Hormuz.

    IranSaudi Arabiaoil pipelineaerial attack

    RReuters★★★★☆2026-09-12 10:25Original
  • Drones from Iraq attack and set Saudi pipeline on fire

    Drones from Iraq attacked Saudi Arabia’s East–West pipeline and set it ablaze. The route is crucial for sending Saudi oil to the Red Sea while bypassing the Strait of Hormuz, and the incident could push oil and fuel prices even higher.

    Saudi Arabiadrone attackoil pipelineoil prices

    Eeuronews★★★★☆2026-09-12 07:47Original
  • Saudi Oil Pipeline That Bypasses Hormuz Shut After Attacks
    Saudi Oil Pipeline That Bypasses Hormuz Shut After Attacks

    Saudi Arabia shut its critical East-West oil pipeline as a precaution after multiple attacks on Thursday, the Energy Ministry said. The pipeline serves as an alternative route for shipments unable to pass through the Strait of Hormuz.

    Saudi Arabiaoil pipelineStrait of Hormuzattacks

    BBloomberg News★★★★☆2026-09-12 05:30Original
  • Saudi Arabia shuts oil pipeline, blaming drones from Iraq
    MAJORSaudi Arabia shuts oil pipeline, blaming drones from Iraq

    Saudi Arabia says several drones launched from Iraq struck its East-West oil pipeline, causing injuries and damage and prompting a precautionary shutdown. The attack came as Houthi forces expanded their control of Yemen’s Red Sea coast and the strategic Bab al-Mandab Strait.

    Saudi Arabiaoil pipelinedrone attackHouthis

    TThe Guardian★★★★★2026-09-12 05:22Original
  • Live: Saudi Arabia shuts oil pipeline after drone attack launched from Iraq
    Live: Saudi Arabia shuts oil pipeline after drone attack launched from Iraq

    Saudi Arabia has closed its crucial East-West oil pipeline after Thursday’s attack, putting an important alternative route for Gulf crude exports at risk. Iraq’s foreign ministry said the country has decided not to retaliate for now.

    Saudi ArabiaIraqoil pipelinedrone attack

    FFrance 24★★★★☆2026-09-12 05:19Original
  • Saudi Arabia shuts key oil pipeline after drone attack from Iraq
    MAJORSaudi Arabia shuts key oil pipeline after drone attack from Iraq

    Saudi Arabia has closed its critical East-West oil pipeline after drones launched from Iraq struck it. Iraq said the attack originated in Maysan province, bordering Iran, removed the area’s military commander and opened an investigation. Riyadh said it would not retaliate for now.

    Saudi Arabiadrone attackoil pipelineIraq

    BBBC News★★★★★2026-09-12 04:43Original
  • Satellite image shows critical Saudi pipeline damaged in drone attack
    Satellite image shows critical Saudi pipeline damaged in drone attack

    Saudi Arabia has shut its East-West oil pipeline following a drone attack. Riyadh says the strike originated in Iraq. The pipeline had enabled Saudi Arabia to bypass the Strait of Hormuz.

    Saudi Arabiadrone attackoil pipeline

    AAl Jazeera★★★★☆2026-09-12 02:18Original
  • Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping
    Saudis shut down oil pipeline as Houthis tighten grip on Red Sea shipping

    Saudi Arabia has shut its East-West oil pipeline after the vital conduit came under aerial attack amid the widening Middle East war. The move comes as the Houthis tighten their control over shipping in the Red Sea.

    Saudi ArabiaHouthisRed Seaoil pipeline

    RReuters★★★★☆2026-09-12 01:10Original
  • Saudi pipeline comes under drone attack launched from Iraq, Foreign Ministry says

    Saudi Arabia condemned attacks by several drones launched from Iraq against the East-West oil pipeline near Medina and Riyadh, saying the strikes caused casualties. Riyadh decided not to retaliate at Iraqi Prime Minister Ali al-Zaidi’s request, but said it reserves the right to take all measures to protect its sovereignty, national security and economic facilities.

    Saudi ArabiaIraqdrone attackoil pipeline

    TTASS★★★★☆2026-09-12 00:07Original
  • Trans-Arabian pipeline shut down in two sections following attacks, Energy Ministry says

    Saudi Arabia’s Energy Ministry says sections of the East-West oil pipeline near Medina and Riyadh were shut down as a precaution after several attacks, which injured several people. Houthi rebels claimed responsibility, while U.S. intelligence sources did not rule out drone strikes from Iraq by pro-Iranian groups.

    Saudi Arabiaoil pipelineattacks

    TTASS★★★★☆2026-09-11 23:55Original
  • Saudi Arabia says East-West pipeline hit by drones launched from Iraq
    Saudi Arabia says East-West pipeline hit by drones launched from Iraq

    Saudi Arabia says several drones originating from Iraq struck its East-West oil pipeline near Riyadh and Medina, causing injuries and material damage and prompting a temporary shutdown. Riyadh is holding off retaliation at Baghdad’s request. Iraq condemned the attack, and Prime Minister Ali al-Zaidi ordered an investigation into those responsible.

    Saudi ArabiaIraqdrone attackoil pipeline

    AAl Jazeera★★★★☆2026-09-11 21:30Original
  • Saudi Arabia says drones launched from Iraq hit oil pipeline; Baghdad orders probe
    Saudi Arabia says drones launched from Iraq hit oil pipeline; Baghdad orders probe

    Saudi Arabia says drones launched from Iraq struck an oil pipeline, causing injuries and damage. Baghdad has ordered an investigation into the attack.

    Saudi ArabiaIraqdrone attackoil pipeline

    TTRT World★★★★☆2026-09-11 21:00Original
  • Saudi Arabia says Iraq-launched drones hit East-West pipeline, holds off retaliation
    Saudi Arabia says Iraq-launched drones hit East-West pipeline, holds off retaliation

    Saudi Arabia said drones launched from Iraq attacked its East-West pipeline. A Saudi Foreign Ministry statement said Riyadh would not retaliate for now at Iraq’s prime minister’s request, while reserving the right to take all necessary steps to protect its sovereignty, security and critical facilities.

    Saudi ArabiaIraqdrone attackoil pipeline

    RReuters★★★★☆2026-09-11 20:25Original
  • Saudi Arabia shuts East-West pipeline that bypasses Hormuz after attacks

    Saudi Arabia has closed its East-West oil pipeline after attacks. The move is likely to add further momentum to rapidly rising oil prices.

    Saudi Arabiaoil pipelineoil prices

    FFinancial Times★★★★☆2026-09-11 20:15Original
  • Saudi Arabia shuts East-West crude oil pipeline after multiple attacks
    Saudi Arabia shuts East-West crude oil pipeline after multiple attacks

    Saudi Arabia shut down the East-West crude oil pipeline after it was hit by multiple attacks.

    Saudi Arabiacrude oil pipelineattacks

    CCNBC★★★☆☆2026-09-11 18:54Original

Wall Street is building tokenized deposits to lock in customer balances

Banks are developing tokenized deposits to make cross-border business payments faster and keep customers’ funds within their systems. DBS and Citi’s New York office reportedly completed a dollar payment between Singapore and the United States in minutes on Sept. 5 using SWIFT’s digital ledger. The approach could reduce costly prefunding, while helping banks protect currency-conversion and lending fees.

MarketsCryptoBanking & financetokenized depositscross-border paymentsbankingdigital finance

CCryptoSlateOriginal★★☆☆☆2026-09-12 10:30

Wall Street is building tokenized deposits to lock in customer balances
Wall Street is building tokenized deposits to lock in customer balances

PoliticsKremlin: Unclear whether Russia-US business projects will emerge before Ukraine settlement

Russia currently has no joint economic projects with the United States, and it remains unclear whether any will be launched before a settlement in Ukraine, Kremlin spokesman Dmitry Peskov said. He argued that trade, economic and investment cooperation should resume as soon as possible, while noting that some US officials say a settlement must come first.

Russia-US relationsUkraine settlementeconomic cooperation

TTASSOriginal★★★☆☆2026-09-12 10:22

Kremlin: Unclear whether Russia-US business projects will emerge before Ukraine settlement
  • Kremlin: No mechanisms for economic cooperation with US currently exist

    Kremlin spokesman Dmitry Peskov said restoring trade and economic cooperation with the United States would bring significant benefits to both sides. However, he said there are currently no practical mechanisms for cooperation and no joint projects have been implemented, despite strong interest at the corporate level.

    RussiaUnited Stateseconomic cooperation

    TTASS★★★☆☆2026-09-12 10:20Original

Diesel in Portugal hits record high as Spain introduces new discount

Diesel prices in Portugal have reached a record high, prompting many Portuguese drivers to cross the border to refuel. The trend is becoming even clearer after Spain’s government introduced a 20-cent-per-litre discount, making Spanish diesel the second cheapest in the EU.

Energy & commoditiesdiesel pricesPortugalSpainfuel discount

EeuronewsOriginal★★☆☆☆2026-09-12 10:19

Diesel in Portugal hits record high as Spain introduces new discount

Rwanda inaugurates first steel processing plant

Rwanda has inaugurated its first steel manufacturing plant, aiming to increase local production and cut steel imports. Prime Minister Justin Nsengiyumva opened A1 Iron and Steel Rwanda Ltd. in Musanze District. The factory produces construction materials including bars, nails, barbed wire and pipes, with an annual processing capacity of about 250,000 tonnes and plans for roughly 1,000 direct and 2,500 indirect jobs.

Companies & industryRwandasteel manufacturingindustrial development

CCGTNOriginal★★★☆☆2026-09-12 10:12

Rwanda inaugurates first steel processing plant
Rwanda inaugurates first steel processing plant

How Chinese companies going global benefit the world market

The 2026 China International Fair for Trade in Services is being held in Beijing, drawing participants from 90 countries, regions and international organizations. More than 1,800 companies are exhibiting on-site, with this year's event focusing on services that help businesses expand overseas.

Trade & sanctionsCompanies & industryChinese companiesglobal markettrade in services

CCGTNOriginal★★☆☆☆2026-09-12 09:26

How Chinese companies going global benefit the world market
How Chinese companies going global benefit the world market

Bitwise is closing its lowest-fee Dogecoin ETF after rivals captured nearly all the capital

Bitwise will shut down its Dogecoin ETF, BWOW, which is set to stop trading on NYSE Arca on Oct. 14 before liquidation the following week. The firm said it is optimizing its lineup. BWOW holds about $700,000, far below rival products from Grayscale and 21Shares.

MarketsCryptoBitwiseDogecoin ETFcryptocurrencyfund liquidation

CCryptoSlateOriginal★★☆☆☆2026-09-12 09:00

Bitwise is closing its lowest-fee Dogecoin ETF after rivals captured nearly all the capital
Bitwise is closing its lowest-fee Dogecoin ETF after rivals captured nearly all the capital

Ramaphosa urges BRICS to boost Global South self-reliance

South African President Cyril Ramaphosa called on BRICS to increase investment in manufacturing and value addition, urging developing economies to move beyond supplying raw commodities. He said expanded BRICS cooperation could help the Global South build a more resilient, diversified and inclusive economy through stronger industrial, energy, infrastructure and logistics partnerships.

Macro & central banksTrade & sanctionsCompanies & industryBRICSGlobal Southmanufacturingeconomic cooperation

CCGTNOriginal★★★★☆2026-09-12 08:24

Ramaphosa urges BRICS to boost Global South self-reliance
Ramaphosa urges BRICS to boost Global South self-reliance

APEC energy talks spotlight China’s role in regional green transition

APEC economies met in Beijing to discuss regional energy security and a faster shift to cleaner energy as disruptions in the Strait of Hormuz expose Asia-Pacific supply vulnerabilities. Participants said the resulting oil shock could encourage renewable energy development. China, the host, promoted cooperation and highlighted its experience in wind, solar, storage and smart-grid technologies.

Energy & commoditiesAPECenergy securitygreen transitionChina

CCGTNOriginal★★★★☆2026-09-12 06:32

APEC energy talks spotlight China’s role in regional green transition
APEC energy talks spotlight China’s role in regional green transition

US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go

The US federal budget deficit reached $1.97 trillion during the first 11 months of the fiscal year, placing it among the highest recorded. With one month remaining, the debt burden is heading toward levels unseen in US history within a few years.

Macro & central banksUS budgetfiscal deficitgovernment debt

BBloomberg NewsOriginal★★★☆☆2026-09-12 06:00

US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go
US 2026 Budget Gap Hits $1.96 Trillion With a Month Left to Go

Industry initiative seeks greater financing for mineral exploration

Chinese authorities are urging stronger financial backing for mineral exploration to expand domestic reserves of strategic resources. A joint initiative encourages banks to offer mining-rights-backed loans, dedicated exploration credit and green-mine financing, while calling for closer cooperation among geological organizations, mining companies, financial institutions and industry associations.

Companies & industryChinamineral explorationfinancing

CCGTNOriginal★★★☆☆2026-09-12 05:22

Industry initiative seeks greater financing for mineral exploration
Industry initiative seeks greater financing for mineral exploration

Building an open cooperation platform, CIFTIS attracts exhibitors from around the world to China

Officials from Norway, Georgia and Zimbabwe said the 2026 China International Fair for Trade in Services in Beijing gives countries a platform to present distinctive services and products, explore the Chinese market and deepen cooperation in trade, technology and culture. Norway is this year’s guest country of honor, while Georgia is exhibiting with a national pavilion for the first time.

Trade & sanctionsCIFTISinternational tradeChinese markettechnology cooperation

CChina News ServiceOriginal★★☆☆☆2026-09-12 04:37

Building an open cooperation platform, CIFTIS attracts exhibitors from around the world to China
  • Bionic fish wows CIFTIS participants with its agility

    A bionic fish swimming freely in water at the 2026 CIFTIS has drawn visitors’ attention. The display highlights how Chinese technology is using intelligent sensing and biomimetic propulsion to make robots move more like living creatures.

    CIFTISbionic fishrobotics

    CChina News Service★★☆☆☆2026-09-12 04:37Original

Surging tanker rates signal a deepening global energy crisis

Global tanker freight rates are reaching record highs with little relief in sight, reflecting mounting pressure on oil markets as traders, shipowners, producers and buyers contend with a prolonged Persian Gulf conflict and increasingly complicated workarounds.

Energy & commoditiesTanker ratesEnergy crisisPersian GulfOil markets

BBloomberg NewsOriginal★★★★☆2026-09-12 04:30

Surging tanker rates signal a deepening global energy crisis
Surging tanker rates signal a deepening global energy crisis

Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust

Tokyo-listed bitcoin treasury company Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and 131.3 million potential shares. CEO Simon Gerovich said fundraising after September 2025 became less accretive to bitcoin per share, prompting the company to better align executive compensation with existing shareholders.

MarketsCryptoCompanies & industryMetaplanetBitcoinstock rightsinvestors

CCryptoSlateOriginal★★☆☆☆2026-09-12 04:10

Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust
Metaplanet CEO gives up $220 million in stock rights to rebuild investor trust

Nick Train’s trust offers buyback to lift weak share price

Lindsell Train Investment Trust has offered to buy back 20% of its shares in an effort to address a persistently wide discount in the share price.

OtherLindsell Trainshare buybackshare-price discount

FFinancial TimesOriginal★★☆☆☆2026-09-12 04:00

Nick Train’s trust offers buyback to lift weak share price

High oil prices could force ECB to raise rates further, top policymaker warns

Austrian central bank governor Martin Kocher warned that high oil prices could push the European Central Bank into further rate increases. He said the risk of persistently elevated inflation is greater than it was a few months ago.

Macro & central banksEnergy & commoditiesoil pricesECBinterest rates

FFinancial TimesOriginal★★★☆☆2026-09-12 04:00

High oil prices could force ECB to raise rates further, top policymaker warns

European investment in LatAm stocks hits 15-year peak

European investment in Latin American stocks has reached its highest level in 15 years as investors seeking shelter from geopolitical turmoil reverse the outflows seen in recent years.

MarketsEuropean investmentLatin American stocksgeopolitical turmoil

FFinancial TimesOriginal★★☆☆☆2026-09-12 04:00

European investment in LatAm stocks hits 15-year peak

Chinese crypto investor was seller of £190mn London mansion

Chinese cryptocurrency investor Leon Li was the seller of a £190mn London mansion. His ownership of the Regent’s Park home had remained hidden despite the UK’s push for greater transparency.

CryptoReal EstatecryptocurrencyLondon propertyownership transparency

FFinancial TimesOriginal★★☆☆☆2026-09-12 04:00

Chinese crypto investor was seller of £190mn London mansion

The perils of prediction markets

People who place bets in prediction markets face unfavorable odds, while insiders may also tilt the playing field in their favor.

Cryptoprediction marketsbettinginsider risk

FFinancial TimesOriginal★★☆☆☆2026-09-12 04:00

The perils of prediction markets

China to grant zero tariffs on 100% of Seychelles tariff lines

China and Seychelles have signed an early harvest arrangement under an economic partnership agreement. China will remove tariffs on all tariff lines for Seychelles products, while Seychelles will further open its market to Chinese goods. China said it also plans to pursue similar agreements with other African countries that maintain diplomatic ties with Beijing.

Trade & sanctionsChinaSeychelleszero tariffstrade

CCGTNOriginal★★★☆☆2026-09-12 03:36

China to grant zero tariffs on 100% of Seychelles tariff lines
China to grant zero tariffs on 100% of Seychelles tariff lines

Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible

White House National Economic Council Director Kevin Hassett played down concerns that President Donald Trump’s proposal to give every adult U.S. citizen a $5,000 check would worsen worries over historically high government borrowing.

Macro & central banksDonald Trump$5,000 checksU.S. fiscal policy

BBloomberg NewsOriginal★★★☆☆2026-09-12 03:30

Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible
Hassett Says Trump’s $5,000 Checks Can Be Fiscally Responsible

Why Nasdaq surveillance cannot settle the fight over 24/7 tokenized markets

Nasdaq’s planned $100 million investment in Payward, Kraken’s parent, includes surveillance across crypto, equities, tokenized equities, futures and options. But the technology cannot determine how products should be classified under federal law. Citadel Securities has urged regulators to keep products linked to public companies within the SEC’s perimeter, highlighting how classification still controls listing routes, market access and investor protections.

MarketsCryptoBanking & financeNasdaqtokenized marketsmarket surveillanceregulatory classification

CCryptoSlateOriginal★★☆☆☆2026-09-12 01:45

Why Nasdaq surveillance cannot settle the fight over 24/7 tokenized markets
Why Nasdaq surveillance cannot settle the fight over 24/7 tokenized markets

Taobao’s ‘ugly’ goods find a growing market among China’s young consumers

Products seen as “ugly” or “bizarre” have gone viral in China, where millions of young consumers are drawn to their quirky humour and distinctive character. Taobao, Alibaba Group Holding’s e-commerce platform, said sales of such goods have topped 230 million yuan (US$34.3 million) since it introduced its Uglies Award in 2020, without defining precisely what qualifies as “ugly”.

Companies & industryTaobaoe-commerceyoung consumersconsumer trends

SSouth China Morning PostOriginal★★☆☆☆2026-09-12 01:00

Taobao’s ‘ugly’ goods find a growing market among China’s young consumers
Taobao’s ‘ugly’ goods find a growing market among China’s young consumers

How Canadians are bracing for the impact of Trump’s trade war

Canada’s buy-local movement remains strong as shoppers respond to escalating tensions and tariffs from the United States. But economists and retailers warn that higher costs could gradually reach consumers through business inputs and packaging, with shelf prices potentially rising in the coming weeks.

Trade & sanctionsCanadaUnited Statestrade wartariffs

AAl JazeeraOriginal★★★★☆2026-09-12 00:52

How Canadians are bracing for the impact of Trump’s trade war
How Canadians are bracing for the impact of Trump’s trade war

Larry Ellison to sell up to $7.5bn of Oracle stock

Oracle founder Larry Ellison plans to sell as many as 50mn shares. The company reported higher data-centre revenue, while investors worry it has committed too heavily to artificial intelligence.

MarketsTech & AIOracleLarry Ellisondata centersartificial intelligence

FFinancial TimesOriginal★★★☆☆2026-09-11 23:48

Larry Ellison to sell up to $7.5bn of Oracle stock

Private equity’s Fang Fenglei on investing in China and capital-market reforms

Over three decades, investor Fang Fenglei has helped shape China’s capital markets. He worked with Morgan Stanley to establish China International Capital Corp., led the Hong Kong listings of state-owned giants as Bank of China International CEO, later chaired a China joint venture with Goldman Sachs, and now heads Hopu Investments.

MarketsFang FengleiChina investmentcapital-market reform

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 23:01

Private equity’s Fang Fenglei on investing in China and capital-market reforms
Private equity’s Fang Fenglei on investing in China and capital-market reforms

US Diesel Prices Rise Past $6 a Gallon for First Time Ever

US diesel prices have climbed above $6 a gallon for the first time, increasing the risk of further energy-driven inflation just before the fuel enters its peak demand season.

Macro & central banksEnergy & commoditiesUnited Statesdiesel pricesenergy inflation

BBloomberg NewsOriginal★★★☆☆2026-09-11 23:00

US Diesel Prices Rise Past $6 a Gallon for First Time Ever
US Diesel Prices Rise Past $6 a Gallon for First Time Ever

Putin says Russia backs broader participation in BRICS bank’s work

President Vladimir Putin said Russia supports bringing more participants into the New Development Bank of BRICS. Meeting bank President Dilma Rousseff on the sidelines of the BRICS summit, he also cited Moscow’s proposal for investment and digital platforms to expand the bank’s capabilities.

MarketsTrade & sanctionsBanking & financeBRICSNew Development BankRussiainvestment platform

TTASSOriginal★★★☆☆2026-09-11 22:42

Putin says Russia backs broader participation in BRICS bank’s work
  • BRICS New Development Bank contributes to organization’s growth, Putin says

    Russian President Vladimir Putin said the BRICS New Development Bank is acting energetically and making a substantial contribution to the organization’s growth. He made the remarks during a meeting in New Delhi with bank President Dilma Rousseff.

    BRICSNew Development BankVladimir Putin

    TTASS★★★☆☆2026-09-11 21:04Original
  • Can BRICS reshape the global order by strengthening emerging economies?
    Can BRICS reshape the global order by strengthening emerging economies?

    Leaders of the 11 BRICS members are meeting in New Delhi as US tariffs and the seventh-month US-Israel war with Iran disrupt trade and energy supplies. The summit will test the bloc’s cohesion over Tehran’s call to condemn Washington and explore whether BRICS can expand the Global South’s influence in the world economy.

    BRICSNew Delhi summitGlobal SouthIran war

    AAl Jazeera★★★★☆2026-09-11 20:04Original

Putin does not rule out European gas prices reaching $1,500

Russian President Vladimir Putin said European gas prices could reach $1,500 per 1,000 cubic meters. He said traders believe drawing gas from storage bought at lower prices is currently more advantageous, a view he said could drive prices from $1,000 to $1,500.

Energy & commoditiesEuropean gasenergy pricesVladimir Putin

TTASSOriginal★★★★☆2026-09-11 22:30

Putin does not rule out European gas prices reaching $1,500

Fed Rate Decision May Have Hinged on Changes in Phone Plans

A record surge in cellular phone-service prices pushed a key US inflation gauge above forecasts, likely clinching a Federal Reserve interest-rate increase next week.

Macro & central banksFederal Reserveinterest ratesinflation

BBloomberg NewsOriginal★★★☆☆2026-09-11 22:30

Fed Rate Decision May Have Hinged on Changes in Phone Plans
Fed Rate Decision May Have Hinged on Changes in Phone Plans
  • Economists See Fed Defying Expectations for Rate Hikes
    Economists See Fed Defying Expectations for Rate Hikes

    A Bloomberg survey found that most economists expect the Federal Reserve to leave interest rates unchanged at this month’s meeting and through the end of 2027, despite rising market bets on a rate increase.

    Federal Reserveinterest rateseconomists survey

    BBloomberg News★★★☆☆2026-09-11 21:00Original

Canada’s new capital rule offers banks limited relief for cross-exchange crypto hedges

Canada’s banking regulator finalized a narrow 2027 rule change allowing qualifying Group 2a crypto positions on regulated exchanges to receive full capital recognition across venues when maturities match and hedging conditions are met. The measure does not broadly relax digital-asset risk treatment, and the 5% aggregate exposure cap remains.

CryptoBanking & financeCanadacryptocurrencybanking regulationcapital rules

CCryptoSlateOriginal★★☆☆☆2026-09-11 22:30

Canada’s new capital rule offers banks limited relief for cross-exchange crypto hedges
Canada’s new capital rule offers banks limited relief for cross-exchange crypto hedges

US Commerce Department finalizes steep duties on solar imports from India, Indonesia and Laos

The U.S. Commerce Department finalized steep duties on solar cells and panels imported from India, Indonesia and Laos, saying producers dumped low-priced goods in the United States and received unfair government subsidies.

Energy & commoditiesTrade & sanctionsUS Commerce Departmentsolar importstrade tariffs

RReutersOriginal★★★☆☆2026-09-11 22:10

US Commerce Department finalizes steep duties on solar imports from India, Indonesia and Laos
US Commerce Department finalizes steep duties on solar imports from India, Indonesia and Laos

Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000

Coinbase CEO Brian Armstrong said Bitcoin’s bottom for the current cycle is likely in and called $400,000 by 2030 a reasonable personal target, not a company forecast. With Bitcoin near $77,000, the market still needs to break above roughly $81,000, its 50-week moving average, for a historically stronger recovery signal.

CryptoCompanies & industryBitcoinCoinbasecryptocurrencyprice outlook

CCryptoSlateOriginal★★☆☆☆2026-09-11 21:20

Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000
Coinbase CEO sees Bitcoin reaching $400,000, but says it must first clear $81,000

Peru strengthens trade ties with China as U.S. tariffs pressure exports

Peru has completed the domestic procedures needed for a protocol updating its free trade agreement with China to take effect. The move comes as new U.S. tariff barriers add pressure on some Peruvian exports and is expected to deepen trade and economic ties between the two countries.

Trade & sanctionsPeruChinafree trade agreementU.S. tariffs

CCGTNOriginal★★★☆☆2026-09-11 21:08

Peru strengthens trade ties with China as U.S. tariffs pressure exports
Peru strengthens trade ties with China as U.S. tariffs pressure exports

China’s trade fairs drive trade expansion across the Global South

Trade fairs and expos are an important part of China’s strategy to expand business-to-business trade and services across the Global South. By connecting Chinese manufacturers and suppliers with international buyers, the events create opportunities for new partnerships and sales.

Trade & sanctionsChina tradeGlobal Southtrade fairs

CCGTNOriginal★★☆☆☆2026-09-11 21:08

China’s trade fairs drive trade expansion across the Global South
China’s trade fairs drive trade expansion across the Global South

Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users

A Philadelphia Fed working paper found that public alerts about large crypto transfers produced sharply different reactions on Bitcoin and Ethereum. Non-whale Bitcoin wallets traded most strongly in the whale’s direction during the first 15 minutes, while Ethereum participation stayed comparatively stable. The observational study does not establish that alerts caused every response.

Macro & central banksMarketsCryptoBitcoinEthereumwhale tradingcrypto markets

CCryptoSlateOriginal★★☆☆☆2026-09-11 20:10

Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users
Philadelphia Fed: Bitcoin traders follow whale signals faster than Ethereum users

America can’t grow its way out of its debt problem

The US economy is facing $40 trillion in debt, bond yields nearing a 19-year high and a costly war pushing inflation higher. The Trump administration has proposed a novel solution, but economic growth alone cannot resolve America’s debt problem.

Macro & central banksUS economynational debtinflation

CCNNOriginal★★★★☆2026-09-11 20:04

America can’t grow its way out of its debt problem
America can’t grow its way out of its debt problem

Ontario ice wine producer says U.S. buyers are ‘flabbergasted’ by Trump booze ban order

Winemakers in Ontario’s Niagara region are preparing for President Donald Trump’s promised ban on Canadian alcohol imports to the U.S. Pillitteri Estates Winery shipped its ice wine four months earlier than usual, while buyers are storing it until closer to Christmas.

Trade & sanctionsCanadian alcoholU.S. import banOntarioice wine

CCBC NewsOriginal★★☆☆☆2026-09-11 19:23

Ontario ice wine producer says U.S. buyers are ‘flabbergasted’ by Trump booze ban order