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South Africa defends joint naval drills with Iran, Russia and China as vital for maritime security

South Africa has defended its decision to host joint naval exercises with Iran, Russia and China, saying the drills are essential for maritime security and regional cooperation. The week long Will for Peace 2026 exercise began off the country’s coast on January 9 and is being led by China.​ Officials in Pretoria said the manoeuvres are not aimed at any country but are focused on protecting sea lanes, combating piracy and safeguarding maritime economic activities. The South African Navy described the drills as a practical response to rising tensions at sea and the growing importance of secure shipping routes.​ Warships from China and Iran, including destroyers, are participating alongside Russian and Emirati corvettes, while South Africa has deployed a frigate. Other BRICS partners and new members, such as Indonesia, Ethiopia and Brazil, have joined as observers to the exercise.​ The […]

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L’Afrique face à la recomposition géopolitique mondiale

Le monde traverse une phase de recomposition géopolitique profonde, marquée par des signaux de réalignements stratégiques entre grandes puissances. Dans cette réflexion, Nathaniel Olympio s’interroge sur l’avenir des alliances traditionnelles et sur la capacité de l’Afrique à exister pleinement dans un ordre international en mutation. L’hypothèse d’un rapprochement durable entre les États-Unis et la Russie alimente de nombreuses interrogations. Si une telle dynamique venait à se confirmer, elle pourrait redessiner les équilibres établis depuis des décennies. Une conséquence majeure serait l’affaiblissement, voire la remise en cause, de l’alliance historique entre Washington et l’Europe, pilier central de l’architecture politique et sécuritaire occidentale depuis la Seconde Guerre mondiale. Dans ce scénario, l’Europe pourrait être amenée à rechercher de nouveaux partenariats stratégiques, notamment avec la Chine, afin de préserver ses intérêts économiques et géopolitiques. Parallèlement, certaines rivalités régionales anciennes, comme celles opposant l’Inde […]

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Wharton professor warns Bitcoin could threaten U.S. dollar

Jeremy Siegel, a finance professor at the Wharton School and chief economist at WisdomTree, has warned that Bitcoin could undermine the U.S. dollar’s role as the world’s reserve currency. Speaking to CNBC, Siegel described Bitcoin as “a threat” to the dollar, particularly in light of the recently enacted GENIUS Act, a bipartisan law signed on July 18 that sets out a comprehensive regulatory framework for stablecoins. “What is interesting is that Bitcoin itself is a threat to the dollar as a reserve currency,” Siegel said. Bitcoin vs. Euro and BRICS Siegel argued that while BRICS nations have long floated alternatives to the dollar, Bitcoin represents a more credible challenge. He noted that digital assets could help fix inefficiencies in the global financial system, where cross-border transactions remain too slow and too costly. “I didn’t think the BRICS were really any […]

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BRICS: UAE Names South Africa 2nd-Largest African Trade Partner

The United Arab Emirates (UAE) has identified South Africa as its second-largest non-oil trade partner in Africa, with bilateral trade continuing to expand under BRICS economic cooperation. During a meeting with the South African Business Council in the UAE, Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi highlighted the strong momentum in trade, investment, and private sector collaboration between the two countries. According to Emirates News Agency (WAM), non-oil trade between the UAE and South Africa reached $8.5 billion in 2024, a 14% increase compared to 2023 and a 120% rise since 2019. In the first half of 2025, bilateral non-oil trade stood at $3.93 billion. Al Zeyoudi pointed to opportunities in food security, logistics, infrastructure, tourism, and renewable energy, stressing that joint projects could drive both economic growth and sustainable development. The discussions also underscored the need for […]

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