The Brics economic bloc approved its first joint climate finance framework on Thursday, the group’s most coordinated effort to date on funding climate action and setting the stage for a shared ...

US President Donald Trump on Thursday claimed that the BRICS nations have "broken up", days after he threatened them with 100 per cent tariffs if they tried to seek an alternative for the US dollar.

BRICS’ Growing Global Influence BRICS has evolved since its inception in 2009, when it was originally formed by Brazil, Russia, India, and China, and later expanded in 2010 to include South Africa.

Der designierte US-Präsident Donald Trump hat die BRICS-Staaten für den Fall gewarnt, dass sie eine neue Währung als Alternative zum Dollar einführen. Er drohte erneut mit Zöllen in Höhe von ...

U.S. President-elect Donald Trump has threatened BRICS nations with 100% tariffs if they decide to challenge the U.S. dollar’s dominance.

BRICS Pay is a payment system initiative developed by the BRICS nations (Brazil, Russia, India, China and South Africa) to facilitate cross-border transactions among these countries. Its primary ...

BRICS countries will also be producing almost 50% of the world’s crude oil. BRIC is an intergovernmental organization comprising Brazil, Russia, India, China, and South Africa.

BRICS will work out a payment arrangement with the cooperation of central banks affiliated with the group’s member countries, he said. Analysts assert this is easier said than done.

Too big to ignore The 10 BRICS members now comprise more than a quarter of the global economy and almost half of the world’s population. The group is poised to exert influence over the wars in ...

BRICS Endorses Local Currency Settlement for Cross-Border Trade On Wednesday (Oct 23, 2024) the BRICS nations formally endorsed the settlement of cross-border payments in local currencies, marking ...

While U.S. officials express the view that the BRICS grouping meeting in the Russian city of Kazan is not evolving into a geopolitical rival, analysts say BRICS members are working on issues that ...

Narendra Modi at BRICS 2024 Live: Prime Minister Narendra Modi held a bilateral meeting with the President of Uzbekistan Shavkat Mirziyoyev in Kazan, Russia, on the sidelines of the 16th BRICS Summit.