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Can BRICS really challenge the U.S.-led G7?

Published

2 years ago

August 29, 2023

ticker NEWS

The BRICS summit which positions itself as an alternative to the G7 wrapped up recently, where it announced its first expansion in 13 years. But will it really be able to tackle the biggest economies in the world? And what is China looking to gain from it?

While Russia’s invasion of Ukraine has proven how closely the West can work together when needed, it has also shown that not everyone is satisfied with the U.S. led order.

This is where BRICS comes in, a collective of Brasil, Russia, India, China and South Africa who are starting to say enough is enough to the U.S. and its allies.

And more importantly perhaps, to the U.S. dollar.

But do these countries have enough sway to really challenge the G7, and with China far and away the largest competitor, what is its role in the group?

News

Israel and Hamas agree to landmark hostage deal

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

Published

20 hours ago

October 10, 2025

ticker NEWS

Israel and Hamas agree to release hostages in U.S.-brokered deal, marking a potential turning point in Gaza conflict.

In a major diplomatic breakthrough, Israel and Hamas have agreed to release all remaining Israeli hostages under a U.S.-brokered framework. The deal pairs prisoner exchanges with an Israeli troop pullback and expanded aid access, marking a potential turning point in the two-year Gaza conflict.

The agreement, set for approval by Israel’s cabinet, could pave the way for lasting peace if both sides uphold the terms. It follows weeks of negotiations led by U.S. envoys and regional mediators in Egypt, Qatar, and Türkiye.

As international agencies prepare to facilitate aid and logistics, the world watches to see whether this fragile deal can hold and bring relief to millions affected by the war.

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News

Google leads Australia media tax rankings

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Published

2 days ago

October 9, 2025

ticker NEWS

Google leads in Australian media tax payments, unlike Netflix and others, igniting discussions on fairness and corporate responsibility.

Google is currently on the of top of Australian media tax payments, while Netflix, Dentsu, and Singtel pay nothing, sparking a fresh debate over fairness and corporate responsibility in the industry.

#TaxTransparency #Google #Netflix #CorporateResponsibility #AustraliaBusiness