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.
President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.
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
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.
In an interview with RT, Zuma praised BRICS for fostering inclusive international relationships. “I think that’s absolutely wonderful. BRICS is moving, and we need BRICS. BRIC
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
Bolivia is investing in lithium production despite challenges such as high altitude, logistical constraints, and environmental concerns.
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.
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. 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.
By Lisandra Paraguassu As world leaders grapple with the U.S. withdrawal from the Paris Agreement, Brazil, the host of this year’s COP30 global climate summit, sees an opportunity to amplify the voices of developing nations in what will be a fierce dispute over who will pay for the global transition to cleaner energy sources.
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Nigeria joins BRICS: What it means for ECOWAS and Ghana
By Prof. Samuel LARTEY (Prof)[email protected] a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone.