The Government of Brazil, as the current BRICS chair, officially announced that the Republic of Indonesia has become a full member of the BRICS group. The statement also noted that Indonesia’s candidature was endorsed by the group’s leaders back at the Johannesburg summit in August 2023. The Brazilian government has highlighted Indonesia’s potential to enhance cooperation among Global South nations. This is stated by the Brazilian Ministry of Foreign Affairs. China also expressed its congratulations, noting Indonesia’s active participation in…

Brazil’s Chief of Staff, Rui Costa, and China’s National Development and Reform Commission Minister, Zheng Shanjie, advanced strategic cooperation efforts between the two nations. The discussions centred on implementing a broad portfolio of bilateral projects, following agreements signed during Chinese President Xi Jinping’s recent visit to Brazil, as reported by Brasil 247, a partner of TV BRICS. According to the Brazilian government’s official agency, the initiative seeks to attract investments in infrastructure, clean energy, sustainable development, and strategic technologies. Dilma…

Brazilian President Luiz Inacio Lula da Silva has officially sanctioned Law 15.070/2024, establishing a comprehensive framework for the use of bio-inputs in agriculture and aquaculture. This is reported by Toda Palavra, a partner of TV BRICS. Bio-inputs, as defined by the new law, are biological-origin materials or processes utilised in the production, processing, or storage of agricultural, aquatic, or forestry products. These inputs play a crucial role in promoting healthier growth, pest control, and disease management while offering an eco-friendly…

Brazil’s oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd this year through October, according to the data from the Brazilian Petroleum Institute (IBP).  Brazil could earn 120 billion reals (US$19,4 billion) from oil in 2025, according to a study by the Brazilian Institute of Oil and Gas (IBP). This is reported by Brasil 247, a partner of TV BRICS. The calculation includes…

Brazil’s Chamber of Deputies has approved a bill to create the Energy Transition Acceleration Programme (Paten), aimed at encouraging sustainable development initiatives through loans to companies from the federal government. This is reported by Brasil 247, a partner of TV BRICS. The bill will allow companies with projects approved under the Paten programme to negotiate the possibility of discounts and instalments on loans that are difficult to repay. The programme targets infrastructure proposals and the expansion or creation of sustainable…

Brazil has achieved remarkable milestones in wind energy production, setting two consecutive records. The country recorded a peak hourly average generation of 23,699 MW, followed by a daily average record of 18,976 MW the next day.  These figures, released by the Ministry of Mines and Energy, underscore wind energy’s growing prominence in Brazil’s energy mix. According to the ministry, these achievements highlight the critical role of wind power in diversifying the nation’s energy matrix and advancing its sustainability goals. Favourable…

This growth is mainly attributed to an increase in investment, which contributed to a 10.8 per cent increase in gross fixed capital formation compared to the same period in 2023, according to Toda Palavra, partner of TV BRICS. Experts say the Brazilian government’s expectations, initially set at 3.3 per cent gross domestic product (GDP) growth for 2024, could be revised upwards.  Juliana Trece, economist at the Getulio Vargas Foundation, which focuses on Brazilian economic development, stresses that for economic growth to…

South Africa has officially assumed the G20 Presidency, launching its term under the theme “Solidarity, Equality, and Sustainability.” At a press conference held in Cape Town on December 03, President Cyril Ramaphosa outlined the priorities of this historic presidency, which is the first time an African nation will lead the G20. Ramaphosa emphasised the need for solidarity to address global challenges, highlighting their impact on all nations. He called for dismantling economic and social inequalities, which he described as unjust…

The R80 million drugs busted by the KwaZulu-Natal police earlier on Friday was shipped from Brazil in South America and disguised as kidney beans destined for the South African market.  Police said the ship that delivered it left Brazil early last month and docked in Durban over the weekend. Acting on intelligence gathered about the ship, the police searched the container and found pure cocaine. “Police received information about a vessel which left Brazil at the beginning on November and…

Brazil’s pioneering Future Fuel Programme reached historic milestones in 2024, cementing the nation’s status as a global leader in sustainable energy transition, as reported by Brazil247, a partner of TV BRICS. Designed to decarbonise the transport sector, the initiative has already attracted investments projected to surpass US$52.52 billion by 2037, with the potential to prevent the emission of 705 million tonnes of CO2. Brazil’s minister of Mines and Energy, Alexandre Silveira, emphasised the programme’s significance. “Brazil reaffirms its leadership in the…