BRICS Inductee Ethiopia Becomes Third African Country in Three Years to Default on Sovereign Debt
Ethiopia on Tuesday became the third African nation in three years to default on its sovereign debt, following Zambia and Ghana.

Ethiopia on Tuesday became the third African nation in three years to default on its sovereign debt, following Zambia and Ghana.

Saudi Crown Prince Mohammed bin Salman made his debut at a BRICS event on Tuesday to address the ongoing Israeli self-defense operation against the jihadist terror group Hamas, expressing his “categorical rejection” of it and demanding a “Palestinian state … with East Jerusalem as its capital.”

Chinese communist dictator Xi Jinping delivered on Tuesday his first public speech on the conflict in Israel beginning with an unprecedented terrorist attack on October 7, demanding a “ceasefire immediately” in Gaza but failing to condemn the genocidal terrorist organization Hamas.

The U.N. Environment Program (UNEP) and Stockholm Environment Institute published a report Wednesday that said governments around the world, led by fast-growing India and world’s worst polluter China, plan to exceed the Paris Agreement’s limits on fossil fuels by more than 110% by 2030.

The Iranian regime on Sunday made efforts to drag the China-led BRICS economic coalition and Pope Francis into the Israel-Hamas war, on the side of the Hamas terrorists.

Venezuelan socialist dictator Nicolás Maduro arrived in China over the weekend as part of a six-day tour in the Asian nation. Maduro seeks to obtain renewed engagement and financing from the Chinese Communist Party and to garner support for Venezuela’s bid to join the China-led BRICS economic and security bloc.

The socialist Maduro regime sent a delegation to China seeking investments to reactivate and boost Venezuela’s run-down oil industry.

Multiple news outlets reported on Thursday that Xi Jinping is planning not to attend the G-20 leaders’ summit in New Delhi, India.

Socialist dictator Nicolás Maduro offered Venezuela’s vast oil reserves to the BRICS economic and security bloc on Thursday, hoping to entice the China-led coalition to eventually accept the rogue socialist nation in the group.

The BRICS economic and security coalition announced on Thursday that it would accept six new countries as members – notably including both Iran and Saudi Arabia, bitter rivals who set aside their differences in March as a result of talks brokered by China.

Breitbart World Editor Frances Martel discusses the BRICS summit underway in Johannesburg, and China’s efforts to expand the membership of this economic alliance with Brazil, Russia, India, and South Africa.

Genocidal Chinese dictator Xi Jinping failed to show up on Tuesday night to deliver a speech at the BRICS Business Forum, sending Commerce Minister Wang Wentao to read remarks allegedly prewritten by Xi.

Genocidal communist dictator Xi Jinping landed in South Africa in the early morning hours of Tuesday to a personal welcome from President Cyril Ramaphosa, a traditional dance troupe, and the nation’s armed forces in anticipation of this week’s BRICS summit.

The 2023 BRICS summit is scheduled for Tuesday through Thursday this week, bringing together the five member nations of Brazil, Russia, India, China, and South Africa to lay the groundwork for a world of post-American “inclusive multilateralism.”

The collapse of Russia and China’s currencies shows why a potential BRICS currency is not a threat to the U.S. dollar, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.

The China-led BRICS trade and security bloc will reportedly discuss reducing their reliance on the U.S. dollar for trade during their upcoming South Africa summit — furthering plans to diminish American influence around the world.

Bolivia’s Foreign Minister Rogelio Mayta announced Monday that the nation’s socialist president, Luis Arce, will attend the upcoming BRICS summit in Johannesburg, South Africa, hoping to join the China-led trade bloc.

Julius Malema, the left-wing radical leader of the third-largest South African political party, led a massive stadium crowd on Saturday in a vicious “liberation” chant of “Kill the Boer! Kill the farmer!” — in other words, an explicitly racist call for massive violence against the white population of South Africa.

The awkward drama over if South Africa would fulfill its treaty obligations to the International Criminal Court (ICC) by arresting Russian leader Vladimir Putin during the upcoming BRICS summit in Johannesburg was apparently resolved on Tuesday.

Indian Prime Minister Narendra Modi made his first state visit to Egypt on Saturday, landing in Cairo after departing the United States for two days of meetings with Egyptian business leaders and officials, including President Abdel Fattah el-Sisi.

Russian Deputy Foreign Minister Sergey Ryabkov said on Thursday that Moscow favors expanding the BRICS economic bloc to include more nations, but France will not be one of those new members.

South African Police Minister Bheki Cele and a group of his senior officials visited China last week for five days of discussions and training with Chinese police officials. Their schedule included talks about security preparations for the August BRICS summit to be held in Johannesburg, South Africa, and security for projects under China’s Belt and Road Initiative (BRI).

French President Emmanuel Macron reportedly asked South African President Cyril Ramaphosa to invite him to the BRICS summit in Johannesburg this August, in a June 3 phone conversation that was made public this week.

Petroleum Minister Musadik Malik of Pakistan confirmed on Monday that his country made a major purchase of Russian crude oil using the Chinese yuan currency, presented as a rare public relations victory for a government struggling to contain routine riots.

Honduras Foreign Minister Enrique Reina told China’s state-run Global Times his country is joining China’s Belt and Road Initiative (BRI).

The European Commission has publicly welcomed the end of the American petrodollar, heralding what they describe as a new “multipolar global currency regime”.

Venezuelan socialist dictator Nicolás Maduro said on Monday that he would like to join BRICS, the economic alliance between Brazil, Russia, India, China, and South Africa that will hold its next summit in Johannesburg, South Africa in August.

The government of South Africa published a notice on Monday that it would grant diplomatic immunity to all attendees of the BRICS summit in August.

Radical leftist Brazilian President Luiz Inácio Lula da Silva signed 15 agreements with genocidal communist Chinese dictator Xi Jinping during an in-person summit in Beijing on Friday, vowing cooperation on everything from space exploration to news media.

The governments of Brazil, now under the leadership of radical leftist Luiz Inácio Lula da Silva, and communist China announced an agreement on Wednesday to no longer use the U.S. dollar to conduct trade, instead relying on the Chinese yuan and Brazilian real.

Genocidal Chinese dictator Xi Jinping reiterated his commitment to cooperation with Saudi Arabia in a phone call to Saudi Crown Prince Mohammed bin Salman on Tuesday, following multiple announcements from Saudi state oil company Aramco of major investments in China this weekend.

Western sanctions against Moscow have insulated the Russian financial system from the banking crisis, the Kremlin claims to believe.

South African officials confirmed last week that the BRICS coalition – South Africa, China, India, Russia, and Brazil – are actively considering expanding membership, a proposal that would potentially force arch-rivals Saudi Arabia and Iran into an alliance.

The Kremlin on Monday offered full support for Brazilian President Luiz Inacio Lula da Silva and denounced supporters of former President Jair Bolsonaro for rioting in the capital over the weekend.

South African President Cyril Ramaphosa said during a visit to Riyadh this weekend that Saudi Arabia’s Crown Prince Mohammed bin Salman is interested in joining the BRICS coalition, a trade and security organization led by Russia and China.

Iran and Argentina recently submitted applications to join an association of emerging economies known as BRICS, which is headed by China and Russia, Reuters reported on Tuesday.

Brazilian Ambassador to China Paulo Estivallet de Mesquita told the communist country’s Global Times propaganda newspaper in an interview published Thursday that self-proclaimed conservative President Jair Bolsonaro’s country has a “great interest” in China’s Belt and Road Initiative (BRI).

Despite his international pariah status after invading Ukraine, Russian leader Vladimir Putin was a welcome guest at the 14th summit meeting of the BRICS forum on Thursday.

Chinese dictator Xi Jinping delivered a keynote address to the BRICS Business Forum on Wednesday that urged foreign investors to “do business in China” despite growing concerns about its costly coronavirus lockdowns, unsteady economy, unfair trade practices, human rights abuses, refusal to condemn the Russian invasion of Ukraine, and territorial aggression.

Russian companies have increasingly turned to China and India to sell products originally intended for U.S.-allied markets in recent months due to Western sanctions against Moscow, China’s state-run Global Times reported on Tuesday, noting that these alternative transactions are often settled in local currencies.
