Iran and Saudi Arabia are Among 6 Nations Set to Join China and Russia in the BRICS Economic Bloc – AP 8/24/23

Source: APNews.com

Iran and Saudi Arabia were among six countries invited Thursday to join the BRICS bloc of developing economies in a move that showed signs of strengthening a China-Russia coalition as tensions with the West spiral higher.

The United Arab Emirates, Argentina, Egypt and Ethiopia were also set to enter BRICS from Jan. 1, 2024, joining current members Brazil, Russia, India, China and South Africa to make an 11-nation bloc….

Read More…

Deconstructing Israel’s Propaganda Machine – M. Reza Behnam 6/5/23

Source: Antiwar.com

Most mornings as I prepare for my run, I tune in to BBC news. Of late, the newscaster has presented, in sober British-fashion, the number of Palestinians killed the night before by the Israeli army in its near-nightly raids on homes and refugee camps in the occupied Palestinian Territories. When I canvass American news sites to learn more, there is no mention of these atrocities. The airwaves are replete, however, with news of the Russia-Ukraine war and the death of civilians.

Continue reading “Deconstructing Israel’s Propaganda Machine – M. Reza Behnam 6/5/23”

Egypt’s Headline Inflation Soars to 31.9 Percent in February – Reuters 3/9/23

Source: LBCGroup.tv

Egypt’s annual urban consumer inflation rate in February leapt to a higher-than-expected 31.9 percent, its highest in five and a half years, from 25.8 percent in January, data from statistics agency CAPMAS showed on Thursday.

The soaring inflation follows a series of currency devaluations starting in March 2022, a prolonged shortage of foreign currency and continuing delays in getting imports into the country.

The Egyptian pound has fallen by nearly 50 percent since March….

Read More…