BRICS

Russia could cut off gas supplies to Europe altogether, planning to redirect trade and oil to BRICS countries

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Russia could cut off gas supplies to Europe altogether as it seeks to bolster its political leverage amid the crisis in Ukraine, the head of the International Energy Agency (IEA) has said, adding that Europe must prepare now. Basic points: Europe needs emergency plans, says IEA chief Russia is in the process of changing its … Read more

China’s Xi warns of ‘alarm for humanity’ in Ukraine as BRICS leaders meet for virtual summit

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Chinese leader Xi Jinping said the conflict in Ukraine “sounded the alarm for humanity” and at the same time condemned US sanctions against Russia, accusing the West of provoking Moscow. Basic points: Mr Xi comments in a keynote address at the opening ceremony of the BRICS Forum Says sanctions could act as “boomerang” and “double-edged … Read more

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