This expansion will mean that BRICS countries will account for 41 percent of the global economy and be home to half of the world's population. Russia envisions a common currency for the BRICS ...

Brazil's President Luiz Inacio Lula da Silva will visit Vietnam next week, bringing with him a business delegation including ...

South Africa and Russia have backed the expansion. India was initially hesitant because it was concerned that a bigger BRICS would transform the group into a mouthpiece for China, while Brazil was ...

Thailand sees BRICS as an important interstate association, the expansion of which will lead to changes to the world geopolitics and economy, Thai political scientist Jiraporn Ruampongpattana has ...

Despite the US' hyperbolic threats of 100 percent and 150 percent tariffs on BRICS, the group's enlargement in Asia ...

While BRICS has established alternative financial institutions, the push for a single, unified currency faces significant obstacles. The economic disparity within BRICS — from China's booming export ...

The Brics group should raise its strategic profile on the world stage, working together to tackle "external shocks" including Western sanctions against founding member Russia, according to a ...

Armenian Foreign Minister Ararat Mirzoyan revealed Armenia's intention to gain observer status in BRICS. He underscored ...

It was a Goldman Sachs economist who suggested back in 2003 that the combined economic potential of China, India, Brazil and ...

This trend toward diversity was reinforced by the expansion of the BRICS group at last year's summit in South Africa. The members who gave the group its name in the form of their initial letters ...

After Russia invaded Ukraine in 2022, many BRICS indexes dropped Russia from their portfolios, and Russia-specific ETFs were delisted from American exchanges. The expansion marks a push by some ...

At this year's BRICS summit, Rousseff was received by Putin and defended the expansion of the group and the use of local currencies. “We've had a lot of investment, but still not enough for the ...