Latest news with #DilmaRousseff


NDTV
13-06-2025
- Business
- NDTV
NDB Chief Rousseff Joins Yoga Event In Shanghai, Condoles Air India Crash
New Development Bank (NDB) President and former Brazilian President Dilma Rousseff attended the International Day of Yoga (IDY) 2025 curtain raiser event in Shanghai on Friday. During her address, Rousseff expressed profound grief over the tragic crash of the Air India flight in Ahmedabad and extended heartfelt condolences to the victims' families. "Speaking at the #IDY2025 curtain raiser, Dilma Rouseff, President of New Development Bank and former President of Brazil, expressed deep sorrow on the tragic crash of the Air India flight in Ahmedabad, and conveyed her heartfelt condolences to the families of the victims, as well as to the people and Government of India. She also expressed her best wishes for the speedy recovery of the sole survivor," the Consulate General of India in Shanghai said in a post on X. #InternationalDayofYoga2025 #YogaForOneEarthOneHealth 🧘🌍 CG @PratikMathur1 and Team CGI Shanghai were honoured to have H.E. Ms. Dilma Rousseff @dilmabr, President of New Development Bank @NDB_int and former President of Brazil, join the key #IDY2025 curtain raiser event in… — India In Shanghai (@IndiaInShanghai) June 13, 2025 The London-bound Air India 787-8 Dreamliner crashed shortly after takeoff from Ahmedabad International Airport on Thursday, killing all 241 people on board, including crew members. One person survived and is currently being treated. Speaking on the significance of the International Day of Yoga, Rousseff said the occasion had become a symbol of peace and resilience. "Yoga is one of India's greatest gifts to the world, a practice that transcends geography, language and belief. Rooted in ancient wisdom, yoga teaches us how to live in balance with ourselves, with others and the world. That's why the United Nations adopted the proposal made by Prime Minister @narendramodi to recognise June 21st as the International Day of Yoga. Since then, this day has become a symbol of peace and resilience, values that are very important in today's world," Rousseff said, as quoted by the Consulate. Speaking at the #IDY2025 curtain raiser, H.E. Dilma Rouseff @dilmabr, President of New Development Bank and former President of Brazil, expressed deep sorrow on the tragic crash of the Air India flight in Ahmedabad, and conveyed her heartfelt condolences to the families of the… — India In Shanghai (@IndiaInShanghai) June 13, 2025 Consul General Pratik Mathur and other Indian officials were present at the event, which marked the beginning of celebrations leading up to IDY 2025. India's national celebration will be held in Visakhapatnam, where Prime Minister Narendra Modi will lead the Common Yoga Protocol (CYP) session alongside over five lakh participants. Concurrently, 'Yoga Sangam' sessions will take place at more than one lakh locations across India, in what is expected to be one of the world's largest synchronised yoga demonstrations. Rousseff also praised India's role in founding the New Development Bank and highlighted PM Modi's key contribution. "Recognising India's pivotal role in the establishment of NDB, she said, 'India is not only a founding member of NDB, it's a country without which this bank would not exist. Prime Minister Modi was one of the founders and all of us are on a mission to create an important bank for the world," the Consulate General added.


India Gazette
13-06-2025
- Business
- India Gazette
NDB President Rousseff attends International Yoga Day curtain raiser event at Indian Consulate in Shanghai, conveys condolences over Air India plane crash
Shanghai [China], June 13 (ANI): New Development Bank President Dilma Rousseff, a former Brazilian President, attended a key International Day of Yoga 2025 curtain raiser event in Shanghai on Friday. She expressed her deep sorrow at the tragic crash of the Air India flight in Ahmedabad and conveyed heartfelt condolences to the families of the victims. 'Speaking at the #IDY2025 curtain raiser, Dilma Rouseff, President of New Development Bank and former President of Brazil, expressed deep sorrow on the tragic crash of the Air India flight in Ahmedabad, and conveyed her heartfelt condolences to the families of the victims, as well as to the people and Government of India. She also expressed her best wishes for the speedy recovery of the sole survivor,' Consulate General of India in Shanghai said in a post on X. A London-bound Air India 787-8 Dreamliner crashed shortly after it took off from the Ahmedabad International Airport on Thursday, killing 241 people on board, including crew members. Speaking about the International Day of Yoga, Dilma Rousseff said it has become a symbol of peace and resilience. She said yoga teaches people how to live in balance, and that's why the UN adopted the proposal made by Prime Minister Narendra Modi to recognize June 21 as the International Day of Yoga. Consul General Pratik Mathur and other officials were among those present. 'CG @PratikMathur1 and Team CGI Shanghai were honoured to have H.E. Ms. Dilma Rousseff @dilmabr, President of New Development Bank @NDB_int and former President of Brazil, join the key #IDY2025 curtain raiser event in Shanghai today. In her keynote address to the gathering, President Rousseff said, 'Yoga is one of India's greatest gifts to the world, a practice that transcends geography, language and belief. Rooted in ancient wisdom, yoga teaches us how to live in balance with ourselves, with others and the world. That's why the United Nations adopted the proposal made by Prime Minister @narendramodi to recognize June 21st as the International Day of Yoga. Since then, this day has become a symbol of peace and resilience, values that are very important in today's world,' Consulate General of India in Shanghai said in another post. India's national event on IDY will take place in Visakhapatnam, where PM Modi will lead the Common Yoga Protocol (CYP) session with more than five lakh participants. Simultaneously, 'Yoga Sangam' sessions will be conducted at over one lakh locations across the country, making it one of the largest synchronised yoga demonstrations in history. Dilma Rousseff also lauded India's role in establishing the NDB and said PM Modi was one of the founders. 'Recognizing India's pivotal role in the establishment of NDB, she said, 'India is not only a founding member of NDB, it's a country without which this bank would not exist. Prime Minister Modi was one of the founders and all of us are on a mission to create an important bank for the world,' Consulate General of India added. (ANI)


Hindustan Times
24-05-2025
- Business
- Hindustan Times
BRICS gets more powerful despite Trump's bloc ‘Dead' declaration Algeria
Algeria has officially joined the BRICS-backed New Development Bank (NDB), marking a major expansion of the bank's influence into North Africa and further accelerating the BRICS bloc's push to provide an alternative to Western-dominated financial institutions. The accession was finalized on May 22, 2025, with NDB President Dilma Rousseff congratulating Algeria and highlighting its vital role in both the Northern African and global economies. Watch for more


Russia Today
23-05-2025
- Business
- Russia Today
BRICS bank gets new member
Algeria has officially become a member of the New Development Bank (NDB), the financial institution established by the BRICS group of nations. The announcement was made by the NDB's press service on Thursday, citing the bank's president, Dilma Rousseff, who welcomed the North African nation's accession as a significant milestone for both Algeria and the bank. 'Algeria plays an important role not only in the economy of Northern Africa, but also at a global scale, and will definitely contribute to enhancing NDB's position in the global financial arena,' she noted. Rousseff emphasized the institution's commitment to co-financing development projects aimed at improving living standards and promoting economic progress. Algerian Finance Minister Abdelkrim Bouzred also welcomed the decision, saying: 'This membership is a testament to our belief in this institution's vital role in financing global development, and its status as a key player capable of providing alternative and innovative solutions to promote the growth and resilience of its member countries' economies.' In 2023, Algeria became one of four countries to move up in the World Bank rankings from low-income to upper-middle-income status. According to President Abdelmadjid Tebboune, Algeria has nearly eliminated its external debt, does not need loans from external organizations, and is actively diversifying non-hydrocarbon production to achieve self-sufficiency in various sectors. Both the International Monetary Fund and the World Bank classify Algeria as the third-largest economy in Africa, after South Africa and Egypt. Commenting on Algeria joining the NDB, Andrey Maslov, head of the Center for African Studies at Moscow's Higher School of Economics, told RT: 'For the BRICS, Algeria joining the bank is great news. The country has a good credit history, a trade surplus, and few debts. Algeria's ambitious export diversification program, as well as its infrastructure projects, require significant investments, and they can be good business for the bank.' 'However, the New Development Bank itself still has a long way to go before it becomes a viable alternative to Western-oriented financial institutions. For now, it is too dependent on the dollar and is acting cautiously to avoid secondary anti-Russian sanctions,' Maslov noted. The NDB was founded by the BRICS group in 2015 to address the needs of developing countries which, according to its members, are not equally represented in the international financial architecture. The NDB welcomed Bangladesh and the United Arab Emirates (UAE) as members in 2021, while Egypt joined in 2023. BRICS was established in 2009 by Brazil, Russia, India, and China, with South Africa joining two years later. In 2024, the bloc extended full membership to Iran, Egypt, Ethiopia, Indonesia, and the United Arab Emirates. Nigeria and Uganda became BRICS partner states in January 2025.
Yahoo
23-05-2025
- Politics
- Yahoo
Former Brazilian president receives compensation for torture
Former Brazilian president Dilma Rousseff is to receive compensation for her torture by the military during the country's dictatorship. As a politically persecuted individual, a commission of the South American country's Ministry of Human Rights awarded the former head of state, who was in power from 2011-16, compensation of 100,000 reais ($17,720), the TV channel TV Globo reported. Rousseff was arrested in 1970 at the age of 22 for her resistance to the military junta and was tortured multiple times during her approximately three-year imprisonment. The military dictatorship in Brazil lasted from 1964 to 1985. According to the report by the national truth commission, more than 400 people were murdered and thousands tortured during the dictatorship. Rousseff has previously received compensation totalling 72,000 reais from the states of Rio de Janeiro, São Paulo and Rio Grande do Sul, where she was tortured during her imprisonment. She donated the payments to social organizations. Rousseff is currently working as the president of the New Development Bank (NDB) of the BRICS countries in Shanghai. The BRICS countries were originally Brazil, Russia, India, China and South Africa, but they have expanded to include Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.