In a bold move, President Trump has announced potential 100% tariffs on BRICS nations and a 10% tariff on Chinese goods, raising fears of a trade war. His administration’s focus is on curbing illegal drug imports and challenging global trade dynamics,
BRICS Pay is set to be launched in 2025, and Russia may be the first country to use it. The system faces significant challenges, including
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.
MOSCOW, Jan 21 (Bernama-TASS) -- Russian President Vladimir Putin and his Chinese counterpart Xi Jinping reached an agreement during Tuesday’s talks to continue strengthening BRICS as an instrument of ensuring a multipolar world order, Russian News Agency (TASS) reported citing Presidential Aide Yury Ushakov.
A Russian diplomat said Monday that his country had engaged in talks to use local currencies for trade with BRICS newcomer Indonesia as Moscow remained an outcast from the international system for cross-border transactions.
President-elect Donald Trump has pledged a 100 percent tariff against BRICS nations if they continue to undermine the US dollar — but the threat won’t rein in the group’s expansion, analysts tell CNBC. Most recently, Brazil announced Indonesia’s admittance into the bloc as a member last Monday.
The oil-rich kingdom is still assessing whether to join the bloc the economy minister has said Saudi Arabia is still evaluating potential
Pezeshkian, on his first Kremlin visit since winning the presidency last July, will hold talks with Putin focusing on bilateral ties and international issues before signing the treaty
The enhanced cooperation between Iran and Russia can help counter the unipolar global order and American excessive demands, Ali Beman Eghbali, an Iranian analyst, says.
US President Trump has mistakenly identified EU country Spain as a member of the BRICS economic bloc that comprises developing nations Read Full Article at RTcom
Indonesia formally became a member of BRICS on Monday, adding Southeast Asia's largest economy and the region's most populous country to the bloc. Officially founded by Brazil, Russia, China and India in 2009,