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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
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Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Algeria's bid to join BRICS New Development Bank approved: Ministry

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Sep 2024 13:46
  • 1 Shares
2 Min Read

The Algerian Finance Ministry says Algiers' membership was achieved due to "the strength of the country's macroeconomic indicators."

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  • Algeria
    Algerian flags fly at half-staff along the seaside walk in Algiers, Saturday, Sept. 18, 2021. (AP)

Algeria has been approved for membership in the BRICS New Development Bank (NDB), according to an announcement by the country's Finance Ministry.

The decision was made on Saturday and revealed by NDB President Dilma Rousseff during a meeting in Cape Town, South Africa.

By joining "this important development institution, the financial arm of the BRICS group, Algeria is taking a major step in its process of integration into the global financial system," the Algerian Finance Ministry indicated in a statement.

The BRICS bank, established by the founding members Brazil, Russia, India, China, and South Africa, was created to provide an alternative to traditional international financial institutions like the World Bank and IMF.

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Algeria's membership was achieved due to "the strength of the country's macroeconomic indicators," which have demonstrated "remarkable performances in recent years," enabling the North African nation to be classified as an "upper-tier emerging economy," the Finance Ministry pointed out.

It added that membership in the BRICS bank is expected to offer Algeria—Africa's leading natural gas exporter—"new prospects to support and strengthen its economic growth in the medium and long term."

Established in 2015, the NDB's primary mission is to mobilize resources for projects in emerging markets and developing countries.

BRICS has recently welcomed several new member countries, including Egypt, the United Arab Emirates, Iran, and Saudi Arabia.

Read more: At France's request, India blocks Algeria's BRICS+ bid

  • BRICS
  • New Development Bank
  • Algeria

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