Foreign News
Indonesia joins BRICS group of emerging economies
Indonesia has formally joined the BRICS group, a bloc of emerging economies featuring Russia, China and others that is viewed as a counterweight to the West.
Brazil, which holds the rotating presidency of the group, declared on Monday that Indonesia was set to join as a full member. Indonesia said on Tuesday that it “welcomes” the announcement.
The Ministry of Foreign Affairs in Jakarta said in a statement that BRICS membership is “a strategic step to improve the collaborations and cooperation with other developing nations, based on the principle of equality, mutual respect, and sustainable development”.
It also expressed “gratitude to Russia,” the 2024 BRICS chair, “for its support and leadership in facilitating Indonesia’s joining”.
The foreign ministry in Brazil said earlier that Southeast Asia’s most populous country “shares with the other members the will to reform the institutions of global governance and contribute positively to cooperation within the Global South”.
It noted that Indonesia’s bid to join the bloc was approved during a summit in 2023 in Johannesburg.
Its acronym originally coined by a Goldman Sachs banker at the dawn of the century, the BRICS group was formally created in 2009 by founding members Brazil, Russia, India and China. South Africa joined the following year.
The bloc expanded again last year as Iran, Egypt, Ethiopia and the United Arab Emirates became full members.
BRICS is increasingly viewed as a counterweight to the West, with the “de-dollarisation” of international trade a key goal. Many members accuse Washington of using the greenback as a political tool, and the group has proposed a common currency.
US President-elect Donald Trump has threatned 100 percent tariffs on BRICS nations if they replace the dollar in international trade.
However, Brazil has indicated that it aims to boost the effort during its presidency of BRICS. President Luiz Inacio Lula da Silva’s government has said its objective is the “development of means of payment” to facilitate trade between member countries.
Indonesia said in its statement: “This achievement shows Indonesia’s increasingly active role in global issues and commitment to strengthening multilateral cooperation to create a global structure that is more inclusive and fair.”
[Aljazeera]
Foreign News
Heavy gunfire and blasts heard near airport in Niger’s capital
Sustained heavy gunfire and loud explosions have been heard in Niger near the international airport outside the capital, Niamey.
Multiple eyewitness accounts and videos showed air defence systems apparently engaging unidentified projectiles in the early hours of Thursday.
The situation later calmed down, reports say, with an official reportedly saying the situation was now under control, without elaborating.
It is not clear what caused the blasts, or if there were any casualties. There has been no official statement from the military government.
The gunfire and blasts began shortly after midnight, according to residents of a neighbourhood near the Diori Hamani International Airport, the AFP news agency reports. They said calm returned after two hours.
The airport houses an air force base and is located about 10km (six miles) from the presidential palace.
Niger is led by Abdourahamane Tiani who seized power in a 2023 coup that ousted the country’s elected civilian president.
Like its neighbours Burkina Faso and Mali, the country has been fighting jihadist groups who have carried out deadly attacks across the region.
It is also a major producer of uranium.
A huge uranium shipment destined for export has been stuck at the airport amid unresolved legal and diplomatic complications with France after the military government nationalised the country’s uranium mines.
“The situation is under control. There is no need to worry,” the Anadolu news agency quoted a Foreign Affairs ministry official as saying, without elaborating.
The official told the agency they were trying to determine whether the gunfire was linked to the uranium shipment.
[BBC]
Foreign News
South Korea’s former first lady sentenced to jail term in bribery case
A South Korean court has sentenced former First Lady Kim Keon Hee to one year and eight months in prison after finding her guilty of accepting bribes from the Unification Church, according to South Korea’s official Yonhap news agency.
The Seoul Central District Court on Wednesday cleared Kim, the wife of disgraced ex-President Yoon Suk Yeol, of additional charges of stock price manipulation and violating the political funds act.
Kim was accused of receiving bribes and lavish gifts from businesses and politicians, as well as the Unification Church, totaling at least $200,000.
The prosecution team had also indicted Unification Church leader Han Hak-ja, now on trial, after the religious group was suspected of giving Kim valuables, including two Chanel handbags and a diamond necklace, as part of its efforts to win influence with the president’s wife.
Prosecutors in December said Kim had “stood above the law” and colluded with the religious sect to undermine “the constitutionally mandated separation of religion and state”.

Prosecutor Min Joong-ki also said South Korea’s institutions were “severely undermined by abuses of power” committed by Kim.
The former first lady had denied all the charges, claiming the allegations against her were “deeply unjust” in her final testimony last month.
But she has also apologised for “causing trouble despite being a person of no importance”.
[Aljazeera]
Foreign News
Plane crash kills prominent Indian politician Ajit Pawar
A plane crash has killed the deputy chief minister of India’s Maharashtra state, Ajit Pawar, the country’s aviation regulator has said.
The plane, which took off from the state capital, Mumbai, on Wednesday, crash-landed at the airport in Pawar’s constituency of Baramati, according to the Directorate General of Civil Aviation (DGCA).
Two members of the prominent politician’s staff and two crew members were also reported to have been killed.
The cause of the crash has not yet been officially confirmed.
Flightradar24, an online flight tracking service, said the aircraft was attempting a second approach to Baramati airport when it crashed.
The Times of India newspaper quoted DGCA officials as saying the aircraft, a Learjet 45 operated by a company called VSR, crashed at about 8:45am local time (03:15 GMT).
The daily said Pawar, the nephew of veteran politician Sharad Pawar, who founded the Nationalist Congress Party (NCP), was on his way to attend a public rally for the district council elections.
A witness quoted by the newspaper said the aircraft exploded moments after hitting the ground.
“When we rushed to the spot, the aircraft was on fire. There were four to five more explosions. People tried to pull the passengers out, but the fire was too intense,” said the witness.

Pawar, 66, built his political base through the grassroots cooperative movement. He was a key figure in state politics and served as the second-highest elected official in Maharashtra, as part of the larger federal governing coalition led by Prime Minister Narendra Modi.
He wielded considerable influence in the state’s vibrant sugar belt and was known for his ability to mobilise rural voters.
[Aljazeera]
-
Business5 days agoComBank, UnionPay launch SplendorPlus Card for travelers to China
-
Business6 days agoComBank advances ForwardTogether agenda with event on sustainable business transformation
-
Business2 days agoClimate risks, poverty, and recovery financing in focus at CEPA policy panel
-
Opinion6 days agoConference “Microfinance and Credit Regulatory Authority Bill: Neither Here, Nor There”
-
Opinion1 day agoSri Lanka, the Stars,and statesmen
-
Opinion5 days agoLuck knocks at your door every day
-
News6 days agoRising climate risks and poverty in focus at CEPA policy panel tomorrow at Open University
-
Business2 days agoBourse positively impacted by CBSL policy rate stance
