Trend BRIC/Developing Economies - Latest news, views and updates

BRIC/Developing Economies

TREND | 26 Jun 2025, 06:07PM

Malaysia mulls over raising percentage of palm oil in biodiesel

Business Line

Kuala Lumpur's thinking is in sync with countries such as Indonesia, the US and Brazil

BRIC/Developing Economies

TREND | 26 Jun 2025, 03:10PM

No excuses: Brazil's best outclass Europe in FIFA Club World Cup 2025

Business Standard

Brazilian managers aren't buying the tired European excuse. Abel Ferreira of Palmeiras called it "a lie," noting that Brazilian clubs often compete in the Mundial after playing 70+ games a year.

BRIC/Developing Economies

TREND | 25 Jun 2025, 08:55PM

President Putin won't travel to Brazil for Brics Summit: Kremlin aide

Business Standard

Russian President Vladimir Putin will not travel to Brazil for the BRICS Summit scheduled for early next month, a Kremlin aide said on Wednesday. Brazil, as the current rotating chair of BRICS, is hosting its regular 17th summit in Rio de Janeiro on July 6-7. "Russian Foreign Minister Sergey Lavrov will represent Russia at the upcoming BRICS summit in Brazil, while Russian President Vladimir Putin will attend the event via video link," Kremlin Foreign policy aide Yuri Ushakov announced on Wednesday. President Putin will take part in key events at the summit via video link, he said. "The president will attend via video link, but the foreign minister will work at the venue, Ushakov added. The BRICS comprises Brazil, Russia, India, China and South Africa. The bloc has been expanded with five additional members Egypt, Ethiopia, Iran, Saudi Arabia and the UAE. In 2023, President Putin skipped the BRICS Summit in Johannesburg, South Africa, due to an arrest warrant issued against him b

Xi Jinping to skip Brics Summit in Rio, Li Qiang to lead Chinese delegation

Business Standard | 25 Jun 2025

BRIC/Developing Economies

TREND | 24 Jun 2025

Portugal joins European countries in tightening citizenship pathways

Business Standard

Immigrants from Brazil, Angola and Mozambique to face 7-year wait; others must wait 10 years

BRIC/Developing Economies

TREND | 23 Jun 2025

Dimitra pioneers digital token of farm data to help growers access finance

Business Line

The British Virgin Islands-based firm has launched this facility in Brazil, Mexico and Kenya

BRIC/Developing Economies

TREND | 21 Jun 2025

Eight dead, 13 injured as hot-air balloon catches fire, crashes in Brazil

Business Standard

A hot-air balloon caught fire and tumbled from the sky on Saturday in Brazil 's southern state of Santa Catarina, killing eight people, firefighters said. Footage shared by local news outlet G1 showed billows of smoke coming from the balloon in flames as it hurdled towards the ground. Thirteen people survived and were taken to hospitals, Santa Catarina's military fire brigade said, adding that 21 people were on board including the pilot. Last Sunday, a balloon fell in Sao Paulo state, killing a 27-year-old woman and injuring 11 others, G1 reported. Praia Grande is a common destination for hot-air ballooning, a popular activity in some parts of Brazil's south during June festivities that celebrate Catholic saints such as Saint John.

BRIC/Developing Economies

TREND | 21 Jun 2025

Ahead of BRICS summit in Rio, envoys call for greater cooperation to combat terror, solutions for Global South

Business Line

Dammu Ravi emphasised that India's successful development models -- particularly in poverty alleviation, financial inclusion, and digital public infrastructure -- should be viewed as templates for wider application across the Global South

BRIC/Developing Economies

TREND | 21 Jun 2025

Neeraj Chopra beats Germany's Weber to win Paris Diamond League title

Business Standard

Indian javelin superstar Neeraj Chopra won his first Diamond League title in two years as he upstaged Julian Weber of Germany after back-to-back second place finishes here on Friday. The 27-year-old Chopra won the title with his first round throw of 88.16m in a star-studded field having five competitors in the 90m club. His second throw measured 85.10m and he then fouled his next three attempts before recording 82.89m in his sixth and final effort. Weber was second with his opening throw of 87.88m, while Luiz Mauricio Da Silva of Brazil was third with his third round attempt of 86.62m. Chopra had breached the 90m mark in the Doha leg of the Diamond League on May 16 with a throw of 90.23m for a second place finish. Weber had won the title in Doha with his last round throw of 91.06m. The 31-year-old Weber had also beaten Chopra at the Janusz Kusocinski Memorial meet on May 23 in Poland where both performed below their best under chilly and overcast conditions. Weber had produced 86.12

BRIC/Developing Economies

TREND | 20 Jun 2025

World Bank and IMF climate snub 'worrying': COP29 presidency

Economic Times

UN climate talks host nations are concerned about climate funding. Developed nations need funds to switch to renewable energy. Rich nations agreed to increase climate finance. But the amount is inadequate. Azerbaijan and Brazil launched an initiative to address the shortfall. Some lenders are reluctant to discuss climate. The US urges focus on dependable technologies.

BRIC/Developing Economies

TREND | 20 Jun 2025

Chinese tech giants chase expansion in Brazil amid global trade pressures

Business Standard

As a result, some of China's biggest internet and e-commerce brands have set their sights on establishing themselves as household names in other parts of the world