The BRICS group — named after its five founding members, Brazil, Russia, India, China and South Africa — has become a broader ...

are meant to mimic the World Bank and International Monetary Fund (IMF), respectively. BRICS members hope that alternative lending institutions can invigorate South-South cooperation and reduce ...

Recent As its influence expands, BRICS is giving a greater voice to countries in the Global South, said Brazilian analysts.

In a move to reshape global agricultural trade, the 2024 BRICS Kazan Declaration has thrown its weight behind the creation of ...

The 2024 BRICS Summit made steady progress on cross-border payments and a new tier of international partners, signaling a ...

The New BRICS Development Bank (NDB) is set to launch payments in local currencies to invest in the private sector of the economies of the grouping's member states, according to a statement by the ...

Nov 01, 2024 // BRICS wrapped up what may have been its most visible summit ever last week. With confusing and often ...

During their October 2024 summit, BRICS nations affirmed their efforts to establish an alternative payment system that aims ...

The knee-jerk response of some in the West to BRICS' growth has been to cast it in an anti-West light, when the fact is that ...

KAZAN, Russia — Russia’s President Vladimir Putin on Wednesday hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing ...

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In a major setback to China's BRI, Brazil has decided against joining Beijing's multi-billion-dollar initiative becoming the ...