BRICS leaders, including Russian President Vladimir Putin and Chinese leader Xi Jinping, have publicly voiced their commitment to jointly introduce an alternative payment system that would not be ...

Brazil and Russia together absorb a mere 0.6% of its exports and by last year, South Africa's trade deficit with its BRICS partners had ballooned four-fold to $14.9 billion compared to 2010.

When the BRICS get together for their annual summit — as they did last week in Brazil — they always make a lot of noise about changing the way the global economy works. They have good reason ...

Nearly 15 years after the BRICS coalition of major emerging economies was established in 2009, the group has yet to achieve its ambition of ousting the US dollar as the dominant global currency. Bu… ...

The BRICS group of emerging markets is ramping up its bid for greater global influence and to challenge the US, sensing a moment to capitalize on a splintering world order to build out its ranks ...

When leaders of the BRICS nations gathered for group photos at the end of their summit in Johannesburg last week, it offered a glimpse of the contours of the new world order Beijing is trying to ...

The trade block formerly known as BRICS — Brazil, Russia, India, China and South Africa — will meet this week with the expansion and the impact of the war in Ukraine high on the agenda.

LONDON -- The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group's ...

Just as the BRICS was overhyped for the past 15 years or so, I’d be wary of dismissing the grouping entirely. The New Development Bank is a tangible accomplishment.

The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - emitted a record 1.98 billion metric tons of carbon dioxide from power generation during the first ...

When leaders of the BRICS nations gathered for group photos at the end of their summit in Johannesburg last week, it offered a glimpse of the contours of the new world order Beijing is trying to ...