For some of the world’s poorest people, BRICS — originally Brazil, Russia, India, China and South Africa — is becoming a Trojan horse for Moscow’s war machine. Under the banner of “South-South ...
Forbes contributors publish independent expert analyses and insights. I write about economic policy for the 21st century. In 2019, I was involved in a crypto project that aimed to provide a usable ...
The BRICS Unit is a gold-anchored digital trade currency designed for cross-border settlement. Its launch coincides with record public anxiety about dollar debasement, as shown in Google Trends data ...
Two decades ago, the G7 held around 42% of global economic output per PPP, while the BRICS+ had 24.1%. Today, that number has nearly reversed, as BRICS+ accounts for around 40%, while G7 holds 28.8%.
This year, the BRICS—a ten-country group whose first five members were Brazil, Russia, India, China, and South Africa—has gained a renewed sense of purpose thanks to one catalyst: the United States.
BRICS is a term that first started being used about 25 years ago to refer to the emerging economies of Brazil, Russia, India and China. In 2009, on Russia’s invitation, the four BRIC nations held ...
President Trump’s attacks on the group of emerging economies, which includes Brazil, Russia and China, have put one member — India — in an uncomfortable spot. By Alex Travelli Reporting from New Delhi ...
At their latest summit in Brazil, the BRICS nations once again portrayed themselves as an emerging geopolitical heavyweight. Yet the internal contradictions within this expanding group remain plain to ...
Amalendu Misra is a recipient of British Academy and Nuffield Foundation Fellowships. The Brics group of nations has just concluded its 17th annual summit in the Brazilian city of Rio de Janeiro. But, ...
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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 ...
President Trump threatened an additional 10% tariff on imports from countries aligning with BRICS. BRICS, originally Brazil, Russia, India, and China, was used to describe emerging economies. The ...