the GDP of BRICS countries surpassed the economic growth of the G7 nations. The BRICS currently consists of nine member countries: Brazil, Russia, China, South Africa, India, Iran, Egypt ...

February 13, 2025 Brazil nixes BRICS currency ... off the ground even though the plan was welcomed by members of the BRICS group of countries at a summit this week in Kazan in Russia.

India has "absolutely no interest" in undermining the US dollar, and its fellow members of the Brics grouping of emerging economies have not formed a unified position on a proposed alternative payment ...

There’s been a marked interest in BRICS in recent years, and 2023 saw the addition of four new member countries: Egypt, Ethiopia, Iran, and the United Arab Emirates. Several more countries ...

Concerns regarding its cohesion have intensified as these countries pursue closer ties with BRICS. These concerns centre on its strategic neutrality and internal unity. ASEAN’s alignment with BRICS ...

This might just insulate BRICS members and partner countries from a trade war with the U.S. — which has China as one of its main targets. While Beijing holds a significant position in the group ...

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

During an event held by the Association of Republican Governors in Washington, former United States President Donald Trump ...

BRICS, under Brazil’s rotating presidency since January 1, aims to expand the use of local currencies for trade and investment transactions among its member countries. This initiative seeks to ...