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Customs data shows that South Korea imported 12.1 million tons of crude oil in August, compared with 12.5 million tons in the same period last year.

2026-09-14

Customs data shows that South Korea imported 12.1 million tons of crude oil in August, compared with 12.5 million tons in the same period last year.

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2026-09-14

BTG/Nexus poll shows in a hypothetical second-round presidential runoff in Brazil Lula is projected to receive 47% of the vote, ahead of Flavio Bolsonaro on 46%.

BTG/Nexus poll shows in a hypothetical second-round presidential runoff in Brazil Lula is projected to receive 47% of the vote, ahead of Flavio Bolsonaro on 46%.
2026-09-14

The 18th BRICS summit opened Saturday and on day one adopted a 45-page New Delhi Declaration and backed a payment architecture intended to route cross-border trade outside the Western-dominated financial system. The declaration commits members to exp

The 18th BRICS summit opened Saturday and on day one adopted a 45-page New Delhi Declaration and backed a payment architecture intended to route cross-border trade outside the Western-dominated financial system. The declaration commits members to expand trade and investment settlement in their domestic currencies and to link national payment and messaging systems so transactions need not be routed via the dollar-denominated SWIFT network. A BRICS payment working group reviewed cross-border interoperability and the use of local-currency settlement and investment. The principal mechanism highlighted is BRICS Pay, a decentralized payment-messaging framework designed to stitch India’s UPI and Russia’s SPFS into a shared interoperability layer to clear payments outside SWIFT. Leaders characterized the move as incremental for most members; for Iran—subject to US comprehensive sanctions, a maritime blockade and roughly six months of conflict with the US and Israel—the arrangement is closer to a lifeline. India’s prime minister Modi said no member objected to the text.
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