The Latest Breaking News from BRICS

Russian President Vladimir Putin has presided over a closing session of a summit of the BRICS bloc of developing economies, hailing its role as a counterbalance to the West

Chinese leader Xi Jinping will visit Russia next month for a summit of the BRICS bloc of developing economies, China’s Foreign Minister Wang Yi confirmed Thursday, a move that comes as Moscow and Beijing seek to counter the West’s global influence

A deliberate attempt by the Shanghai-based New Development Bank to reduce dependency on the US is to offer loans.

In tonight's edition: Saudia Arabia is accused of systematic and widespread killings of Ethiopian migrants. Security forces allegedly killed at least 430 last year as they tried to cross over from Yemen. In Sudan the escalating fighting between the army and RSF militia has also reportedly lead to ethnically motivated…

The trip is anticipated to pave the way for a substantial increase in India’s investment in the North African country.

The dollar index measures the U.S. currency against the other leading world reserve foreign exchange instruments. After rising to a two-decade high in September 2022, the index ran out of upside steam and is threatening a challenge of the 100 level, which is not a technical support but a psychological…

Tunisia said on Saturday that it intends to join the BRICS countries bloc of emerging economies that includes Brazil, Russia, India, China, and South Africa. Mahmoud bin Mabrouk, spokesman for the pro-presidential July 25 Movement in Tunisia and pro-Tunisian President Kais Saeid, said his country plans to join the BRICS…

While the rupee has fared better than other emerging market currencies, it is the worst performer among the BRICS countries

Chinese President Xi Jinping will host a virtual summit with top leaders from Russia, India, Brazil and South Africa next week, marking the first such meeting since the Ukraine crisis unfolded. The influential club of BRICS emerging economies formed in 2009 is home to more than 40 percent of the…