The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
The nation will need more legal immigration as manufacturing is going to expand because of his tariff policies, says US president
New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.
In his remarks after the inaugural address, President Trump threatened BRICS nations with 100% tariffs if they pursue de-dollarisation efforts.
United States President Donald Trump has warned BRICS nations—Brazil, Russia, India, China, and South Africa—of a 100% import tariff if they continue to try to reduce reliance on the US dollar in global trade. Trump made the statement during a press meeting at the Oval Office shortly after his inauguration as the 47th US President.
Indonesia’s inclusion in BRICS enhances the representation of the Global South and strengthens efforts to reform global governance institutions. This move positions the bloc as a stronger platform for collaboration among developing nations.
President Donald Trump has again threatened 100% tariffs on BRICS. Where does India stand on de-dollarisation and internationalisation of the rupee? What are the issues and concerns involved?
Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.
This is the cringeworthy moment Donald Trump suggested Spain was part of the BRICS nations as he threatened to whack the group of nations with 100 per cent tariffs.
US President Donald Trump has sent a strong warning to BRICS nations, including India. He said the countries could face 100% tariffs if they continue to work toward reducing the use of the US Dollar in global trade.
President Donald Trump stumbled through a bizarre exchange with reporters in the Oval Office on Monday, repeating a glaring geopolitical blunder that Spain was a member of the BRICS economic coalition.
BRICS Pay is set to be launched in 2025, and Russia may be the first country to use it. The system faces significant challenges, including