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

Not just a strategic agreement, they want to send a massage that together, the two can end-run pariah status in the West

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.

The Commander in Chief is using the threat of duties as leverage as he seeks to strike a "deal" to end the conflict.

In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s transactions with China. The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies.

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”

President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.

Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.

Nigeria, in a loose arrangement, joins the influential bloc with opportunities in trade, investment and agriculture

China's foreign minister, special advisor to Brazilian president agree to continue efforts to end Ukraine-Russia war - Anadolu Ajansı

BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations. Last year, the bloc added Iran, Egypt, Ethiopia and the United Arab Emirates. Saudi ...