Dilma Rousseff will head the group’s New Development Bank until the end of Brazil’s presidency in 2025
Former Brazilian head of state Dilma Rousseff has been named as the next president of the BRICS group’s New Development Bank after Brazil won the backing of its partners for the appointment on Friday.
The nominee was agreed by Brazil’s government, which is currently headed by Luiz Inacio Lula da Silva. Rousseff, who served as the president of Brazil between 2011 and 2016, will replace Brazilian diplomat Marcos Troyjo, who was appointed by the country’s previous leader Jair Bolsonaro.
Rousseff will hold the position until the end of the current Brazilian mandate in the bank’s management in 2025, and is expected to accompany President da Silva during his visit to China scheduled for March.
The BRICS nations – Brazil, Russia, India, China and South Africa – are working to develop their own financial infrastructure, including a joint payment network, with some member states having already switched to trade in local currencies in order to reduce dependence on the US dollar and euro.
The five BRICS economies currently account for more than 40% of the world’s population and nearly a quarter of global GDP.
https://www.rt.com/business/571321-brics-bank-brazil-dilma-rousseff/
The spokesman for the General Staff of Iran's Armed Forces issues a stark warning to the senior authorities in the semi-autonomous Kurdistan Region in northern Iraq against cooperating with the United States and the Israeli regime against the Islamic Republic.
Speaking during a televised interview on Friday, Brigadier General Abolfazl Shekarchi cautioned the officials that any cooperation with Washington or Tel Aviv would bear severe consequences.
"If you cooperate with the United States and the Zionist regime, we will crush you; you will be trampled under our feet and will never enjoy security again," he said.
The spokesman also warned against allowing terrorist groups to use the region's territory as a corridor.
"If the leaders of Iraq’s northern region open a corridor for these [terrorist] groups, we will strike all the infrastructure and facilities of this region; we will show no mercy to our enemies."
'US military grappling with serious hardware....more below
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Iran strongly welcomes the escorting of oil tankers and the claimed presence of US forces to ensure passage through the Strait of Hormuz, a spokesperson for the Islamic Revolution Guards Corps (IRGC) has said.
Brigadier General Ali Mohammad Naeini made the remarks on Thursday, responding to recent statements by the US president and the White House spokesperson.
“Iran strongly welcomes the escorting of oil tankers and the claimed presence of US forces to facilitate passage through the Strait of Hormuz,” he remarked.
“In fact, we are awaiting their arrival.”
Brigadier General Naeini further said Iran recommends that before taking such a decision, Americans recall the incident in 1987 when the American supertanker Bridgeton struck a mine and caught fire, as well as tankers that have been targeted recently.
US President Donald Trump said on Thursday that the US Navy will escort tankers through the Strait of Hormuz if necessary to help restore.....more below
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Iraq's Nujaba resistance group has vowed to avenge the assassination of a resistance commander in a terrorist US strike.
In a statement on Friday, Nujaba offered its deepest condolences over the assassination of Iraq's Kataib Hezbollah Commander Abu Hassan al-Furaiji in a "treacherous and cowardly" American attack in Babylon.
The movement stressed that the killing of al-Furaiji, who played an important role in purging the country of terrorists, constitutes "a clear violation of Iraq’s sovereignty" and "a deliberate insult to the country’s official military institution, namely the Popular Mobilization Forces (al-Hashd al-Sha'abi)", which operates under the orders of the Commander-in-Chief of the Armed Forces.
The statement stressed that al-Furaiji’s killing will "undoubtedly not go unanswered or unpunished."
"The fragile language of diplomacy is no longer effective against an enemy that understands nothing but the language of force and gunpowder," the movement said, warning ...
