BRIC is an acronym for four countries — Brazil, Russia, India and China — which formed an economic bloc in 2009 to challenge the economic hegemony of the United States and its Western allies. The ...

As the tariff extension nears its deadline, President Donald Trump has threatened to add an additional 10% tax on imports from BRICS-aligned countries. Trump's April 2 "Liberation Day" brought a ...

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.

BRICS leaders meet in Brazil this weekend to advance plans to challenge Western dominance. As more nations join the economic bloc, how will BRICS reshape power, trade and influence in a rapidly ...

As the BRICS group prepares for its July 2025 summit in Brazil, a new map of global alignment is emerging—one driven not by military alliances or ideology, but by a push for new partnerships in ...

BRICS Pay is a proposed cross-border digital payment system being developed by the BRICS countries — Brazil, Russia, India, China, South ...

Hong Kong (CNN) — A summit of leaders from the BRICS group of major emerging economies kicks off in Brazil Sunday – but without the top leader of its most powerful member. For the first time in more ...

MOSCOW, July 10. /TASS/. The number of BRICS partner countries will expand, and the members of the association will only benefit from cooperation with them, Russian Deputy Foreign Minister Sergey ...

Ethiopia officially joined Brics in January 2024, following an invitation in August 2023 under South Africa's chairmanship ...