The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
US President Donald Trump has warned of imposing fresh sanctions on Russia if fails to strike a deal with Ukraine. In a bold move, President Trump has announced potential 100% tariffs on BRICS nations and a 10% tariff on Chinese goods,
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
If like Donald Trump you need help ‘figuring out’ BRICs and its actual members, this comprehensive guide tells you everything you need to know.
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
President Donald Trump threatens 100% tariffs on BRICS nations over potential 'de-dollarisation' efforts. India balances ties with the US and BRICS while ensuring its economic and strategic interests are preserved.
China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı
In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s transactions with China. The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies.
Brics welcomed Iran, Egypt, Ethiopia, and the United Arab Emirates as new members. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership
Indonesian President Prabowo Subianto, invited as the chief guest for India's Republic Day celebrations, aims to enhance political, defense, and security ties between the nations. Notably, Prabowo has a military background,
The new US president, Donald Trump, has only been in office for a few days, but he has already changed his tune on the war in Ukraine. Trump has long spoken of his desire to end the war, and on the campaign trail even announced that he could stop the conflict within 24
Indonesia’s entry to BRICS had opened up the possibility of Jakarta importing Russian oil, whose prices have been pushed below the global benchmarks by the sanctions.