The countries that comprise BRICS—which stands for Brazil, Russia, India, China, and South Africa, and now five new members—are an informal grouping of emerging economies hoping to increase ...

On November 30, 2024, President-elect Donald Trump made a resounding statement on X, declaring that BRICS countries are moving away from the dollar “while we stand by and watch is OVER.” ...

India is not pursuing the creation of a shared BRICS currency, an idea that has met with a strong verbal pushback from incoming U.S. President Donald Trump, but the South Asian giant is making ...

JOHANNESBURG, Aug 23 (Reuters) - Brazil’s President called on Wednesday for the BRICS nations to [USN:S8N37Y0LE TEXT:“create a common currency”] for trade and investment between each other ...

The summit of the BRICS group of states is taking place in Russia this week. Although Moscow and Beijing are advocates of an anti-Western agenda, the majority of the BRICS countries have other plans.

Indonesia remains cautiously determined to join BRICS despite a threat from U.S. President-elect Donald Trump to double tariffs on members of the Russia- and China-led bloc if it pursues its ...