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.

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 ...

President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of emerging economies — to commit to not creating new currency or face ...

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 ...

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 ...

President-elect Trump on Saturday threatened the developing countries known the the BRICS bloc with "100% tariffs" if they try to move away or replace the dollar.

As Russian President Vladimir Putin hosts leaders for the 16th annual BRICS summit, he's looking to signal to the West that Moscow is not isolated on the world stage. Putin will drive that message ...

The BRICS nations (Brazil, Russia, India, China, and South Africa, plus new members like the UAE, Egypt, Ethiopia, and Iran) have been fired up about ending reliance on the US dollar. At this year ...

The three Middle Eastern countries that have joined BRICS, for instance, are not just seeking a shift away from the West. Their decision is more likely a part of the continuing process of economic ...

The BRICS alliance unites developing countries for geopolitical and economic cooperation. Over the past year, the number of its members has doubled, and further expansion of the bloc is planned at ...

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 ...