BRICS nations hold $45 trillion in investable wealth – report

The number of millionaires in the bloc is expected to see a massive surge over the next decade, according to a newly released report Total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners’ inaugural BRICS Wealth Report.

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German industry ‘moving abroad’ – Bild

A growing number of manufacturers are relocating operations outside the country, an industry lobby warns One in three German manufacturers is considering moving production to other countries amid economic troubles, double the number recorded in 2022, Bild news outlet reported on Saturday, citing Siegfried Russwurm, the head of the Federation of German Industries (BDI).

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Gaza conflict may spin out of control – Tehran

Iran’s top diplomat warns of “far-fetching repercussions” for Israel and the US Iranian Foreign Minister Hossein Amir-Abdollahian has accused the US of waging a “proxy war against Palestinians” and warned of dire consequences if the bombardment of Gaza is not stopped and Israel launches a ground assault.

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