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.
This chart shows the United States' imports from and exports to BRICS countries in 2023 by value (in billion U.S. dollars).
Donald Trump’s return to the presidency in 2025 brought with it a resurgence of the “America First” doctrine, a policy ...
Markets are expected to remain under pressure in the near term, weighed down by mixed quarterly earnings and persistent FPI ...
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...
The depreciation of the yuan can fuel China's trade surplus, as it did in 2018, due to higher-for-longer Fed rates. Click ...
Over time, BRICS has attracted interest from other nations, leading to membership expansion. In 2024, new members included Egypt, Ethiopia, Iran, and the United Arab Emirates. Made up of non ...
Russia said Indonesia’s candidacy had been submitted and approved previously during the first phase of BRICS expansion at a summit in Johannesburg, South Africa, in 2023. “However, because of the 2024 ...
The largest and fastest-growing market in the world is the Brics group, which has expanded to include Indonesia for a total of 10 member economies. The legacy economies in the US and Europe are ...
As 2025 gets underway, BRICS has continued its expansion, with Indonesia formally joining as its newest full member and eight other nations becoming partner countries. This demonstrates the group ...