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.
Donald Trump, who’s never shied away from calling political opponents “dumb” and “stupid,” had a prime opportunity to display his intellectual prowess on Monday.
Bolivia is investing in lithium production despite challenges such as high altitude, logistical constraints, and environmental concerns.
The US government is aghast that there is a new grouping of nations that seeks to form an alternative to the US trade bloc and trade settlement system that uses
The BRICS bloc expands its influence with the addition of Indonesia as a new member, while Argentina declines the invitation, signaling a dynamic shift in the global economic landscape.
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.
Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
ndonesia was recently accepted as a full member of BRICS. Strengthening cooperation in the so-called Global South and local currencies were the main purpose. How such a concept will be implemented by Indonesia seems to need time to answer. The world at least needs to wait for the next BRICS Summit in July. Realization is still a big question.
Discover how Uganda’s inclusion in BRICS marks a significant step towards enhancing its economic growth and regional integration
President Donald Trump has warned Brics nations, including India, that any move to replace the US dollar will result in 100% tariffs on trade with the United States. Trump emphasized severe ...