BRICS Pay is set to be launched in 2025, and Russia may be the first country to use it. The system faces significant challenges, including
President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.
New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.
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.
The Commander in Chief is using the threat of duties as leverage as he seeks to strike a "deal" to end the conflict.
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
In a bold statement soon after becoming the 47th President of the United States, Donald Trump threatened to impose 100% tariffs on India and the other BRICS countries if they didn’t continue to lessen their reliance on the U.
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.
Spain has a meagre contribution to NATO and as a consequence, it could face 100% tariffs from the US, according to President Donald Trump, who unfortunately confused it with a BRICS country. NATO chief says Europe must replace US in Ukraine aid
Nigeria, in a loose arrangement, joins the influential bloc with opportunities in trade, investment and agriculture
China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı
Nigeria’s economic stability could be bolstered by currency swap agreements with BRICS countries, enabling trade in local