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

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

New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.

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.

BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.

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

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

Spain has a meagre contribution to NATO and as a consequence, it could face 100% tariffs from the US, according to President Donald Trump, who unfortunately confused it with a BRICS country. NATO chief says Europe must replace US in Ukraine aid

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

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.

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

Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010,