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 document’s dismissal of Europe “as a power of no significance signals that there are three truly great powers left: the United States, Russia and China,” military expert Alexei Borzenko told Sputnik.
The US is also “well aware that we’ve outpaced them on certain types of weapons,” the observer said, citing Russian advances in hypersonics, and the depletion of US and European weapon stocks in Ukraine.
The US is eager to end the crisis in Ukraine, which has proven “a dead-end situation" for NATO "from which the only way out is peace,” Borzenko said, citing the document’s conciliatory language on the conflict and on Russia.
Furthermore, “during negotiations, the Americans figured out what the Kiev junta represents, and how difficult it is to negotiate with it. They understand what kind of crooks they are dealing with” and are tired of it, Borzenko argues.
That’s why various leaders’ recent claims that the Ukrainian crisis could end abruptly seems like a real ...
The head of the Supreme Alawite Islamic Council in Syria and Diaspora, Sheikh Ghazal Ghazal, has called for a nationwide five-day general strike in a “peaceful and clear response” to the religious persecution and sectarian violence against members of the community under the ruling Hay'at Tahrir al-Sham (HTS) regime.
Sheikh Ghazal, in a statement released on Saturday, announced that the strike will begin on Monday and will end on December 12, in response to the pressures and threats from HTS authorities.
“Our response will be completely peaceful, and will be expressed through a nationwide strike and staying indoors for five days,” he noted.
Sheikh Ghazal stated that the fall of former President Bashar al-Assad's government late last year was expected to usher in a new era in Syria’s history, but it was the collapse of remnants of the homeland under the motto of freedom.. ..more below
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United States President Donald Trump came to power promising to stop America’s endless wars, but he is on the cusp of starting another one — in Venezuela. Protesters came out in cities across the United States to stop the escalating aggression of Washington towards the oil-rich nation.....more below
https://www.presstv.ir/Detail/2025/12/07/760163/US-protests-Venezuela-war
