The rise of BRICS reflects a shift toward a more multipolar global order, with economic power spreading beyond the West.

India and Brazil can trade in their own currencies and do not need to rely on the US dollar for bilateral deals,” Lula added. Speculation about a Brics currency has swirled i ...

Emerging economies are expected to lead the energy transition, but economic growth, urbanisation and manufacturing often ...

The global financial system has traditionally been controlled by Western institutions and currencies, notably the US dollar.

A major economic bloc made up of emerging economies has begun operating a new international payment system inspired by Brazil ...

Russian Foreign Minister Sergei Lavrov on Tuesday hosted ambassadors of BRICS member and partner countries and discussed ways to enhance "strategic partnership" within the grouping under India's ...

Leaders in the BRICS group of emerging economies ended their recent summit with calls for less confrontation in the world. But that plea didn't go over well with President Trump. Tariffs came up at ...

ZIMBABWE: Zimbabwe has stepped up efforts to secure membership in the BRICS bloc as the Government intensifies diplomatic ...

Summary India has articulated a vision for BRICS structured around four main pillars: Resilience (supply chain, health), Innovation (digital public infrastructure, AI, fintech), Cooperation (reformed ...

RIO DE JANEIRO — Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S. President Donald Trump that the bloc is “anti-American,” as he threatened them with ...

Russian Deputy Foreign Minister Sergey Ryabkov on Saturday denied that the BRICS economic bloc sought to transform into a military alliance. In an interview with the state news agency TASS, Ryabkov ...