Orchestra 
DIGITAL WORLD
MODERN RUSSIAN 
14 minutes 2 sec. 
BRICS News Digest for the previous week
World Bank supports Brazil's initiative to create the Global Alliance Against Hunger and Poverty
The South American country came up with this idea when it took over the presidency of the G20
Brazilian President Lula da Silva held a meeting with World Bank President Ajay Banga.
Vladimir Putin: energy supplies from Russia to China grow to record volumes
Representatives of the two countries are working to improve the environmental safety of resource extraction
Energy supplies from Russia to China are currently reaching record volumes, Russian President Vladimir Putin said in his greeting to the participants, organisers, and guests of the 6th Russia-China Energy Business Forum, the text of which is available on the Kremlin's website.
India shows significant progress in combating climate change
The country also aims to increase the share of electricity generated by non-fossil fuels and strengthen forest cover
The Economic Survey 2023–24 confirms that India has already aimed at its initial emission reduction targets, increased its share of renewable energy, and is actively participating in international climate change initiatives.
China starts fully performing the SCO rotating chairmanship functions
Such a statement was made by China's foreign ministry
China has started to fully perform the rotating chairmanship of the Shanghai Cooperation Organisation (SCO) for 2024–2025. Chinese Foreign Ministry Spokesperson Mao Ning said this at a daily briefing on Monday.
South African President Cyril Ramaphosa signs law that changes the rules for pension funds
The main purpose of this law is to make pension savings more flexible and accessible to pensioners
According to the law signed by South African President Cyril Ramaphosa, from September 1, 2024, pension funds will be divided into two parts: accumulative and pension.
Egypt plans to attract US$5 billion in Indian investment by 2027
Plans are underway for Indian companies to enter the Egyptian market in areas such as renewable energy and green hydrogen production
Egypt's Minister of Investment and Foreign Trade, Hassan El Khatib, stressed the government's commitment to creating a favourable environment for export-oriented investments.
Iran's Foreign Ministry notes the role of BRICS member states in global trade
The Minister of Foreign Affairs of the Islamic Republic of Iran emphasised the group's role in building a world order alternative to the unipolar one
The BRICS association represents the interests of major players in world trade beyond the unipolar approach, said Iran's Acting Minister for Foreign Affairs Ali Bagheri Kani.
UAE launches new low-carbon buses
The initiative aims to improve people's well-being, strengthen Dubai's global competitiveness as a centre for international events
The Dubai Roads and Transport Authority (RTA) has announced a major deal worth AED1.1 billion (US$29,9 million) to purchase 636 new low-emission buses.
Saudi Arabia boosts merchandise exports to a two-year high
It amounted to US$7.70 billion
Saudi Arabia's merchandise exports in May 2024 reached a two-year high of US$7.70 billion, up 8.2 per cent from the same month in 2023.
Ethiopia and Cuba aim to implement bilateral agreements in education and trade
Foreign ministry officials from both countries held talks
Ethiopia and Cuba intend to implement current bilateral agreements in areas such as water management, education, air transport, and trade, Ethiopian Minister of Foreign Affairs Mesganu Arga said at a meeting with Cuban Deputy Minister of Foreign Affairs, Elio Eduardo Rodríguez Perdomo.
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