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AfricaEconomy

South Africa is aware it may be sanctioned by US

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Pretoria could lose $32.4 billion in export revenue due to its position on Ukraine, a major asset management company predicts Exclusive News South Africa is aware that it’s on the verge of being punished by the United States for its non-aligned stance in the Russia-Ukraine conflict, Govan Whittles, a senior South African journalist, has told RT. Whittles said Pretoria has taken…
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AfricaEconomyWorld

South Africa’s trade to be targeted by the West over Russia ties – economist

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The country’s refusal to condemn Moscow over the Ukraine conflict may cost it 10% of export revenue Exclusive News South Africa’s neutral stance on the Russia-Ukraine conflict could cost the country a significant chunk of its gross domestic product if the US and the EU decide to punish Pretoria, Bloomberg reported on Friday, citing a Johannesburg-based partner of American banking and…
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World

US involvement preventing peace to prevail in Ukraine-Peter Szijjarto

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Washington is also twisting Budapest’s arm on NATO membership for Sweden Exclusive News Near-term prospects for ending the Ukraine conflict are not looking good, Hungarian Foreign Minister Peter Szijjarto told the Turkish Anadolu agency on Wednesday, according to RT News. “Unfortunately, all developments are showing a totally different direction. The weapons deliveries, the very…
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World

EU countries to push a new agenda for latest anti-Russia sanctions

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The 11th round of restrictions is still in the preliminary stage of the approval process, according to sources Exclusive News EU ambassadors are convening in Brussels on Wednesday to discuss yet another round of sanctions aimed at Russia, as well as countries that allegedly help it circumvent already existing restrictions, According to RT News. Sources within the EU have told RIA…
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EconomyWorld

US dollar dominance coming to an end

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CEO of Russia’s state-run bank VTB Andrey Kostin points to the inevitable rise of the Chinese yuan Exclusive News The hegemony of the US dollar is seriously challenged by the rise of the Chinese yuan and by Washington’s failed attempt to wreck the Russian economy by weaponizing the greenback, Andrey Kostin, head of Russia’s banking major VTB, told Reuters on Friday, according to RT…
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AfricaPolitics

Jacob Zuma date with justice.

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Zuma’s Stalingrad defence disintegrates after judges quash latest legal gambit in scathingjudgment Exclusive News Jacob Zuma has delayed his Arms Deal trial for 19 years with various forms of litigation, all of which have failed. And now, in a scathing judgment, the high court has stymied his attempt to bring private prosecutions against his prosecutor, Billy Downer, and…
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Africa

Putin discusses with Ramaphosa on Ukraine conflict resolution

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The Kremlin says the Russian president and South Africa’s Cyril Ramaphosa held a phone call to talk about the African peace initiative Exclusive News Russian President Vladimir Putin has agreed to host a delegation of African heads of state who plan to visit Moscow to present their peace initiative to end the Ukraine conflict, the Kremlin said on Wednesday, according to RT News. The…
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