The Latest Breaking News from BRICS

Latest on Ukraine: Russia strikes Chernihiv, as Kyiv welcomes F-16 pledges

Catch up on key developments and the latest in-depth coverage of Russia's invasion of Ukraine.

WEKU · Aug 21, 2023

As Modi lands in South Africa, possible meet with Xi to be watched most closely

PM Modi lands in South Africa for BRICS summit, speculation grows over possible meeting with Chinese President Xi Jinping. Foreign Secretary Vinay Kwatra says PM's itinerary still being worked out

The Hindu · Aug 21, 2023

Russia, China look to advance agendas at BRICS summit of developing countries in South Africa

Russia and China will look to gain more political and economic ground in the developing world at a summit in South Africa this week

The Independent UK · Aug 21, 2023

China confirms Xi will attend economic summit in South Africa followed by state visit

China's Foreign Ministry has confirmed that President Xi Jinping will attend next week's summit of the BRICS nations in Johannesburg, to be followed by a state visit to South Africa

The Independent UK · Aug 18, 2023

BRICS 2023 summit: Common currency, membership expansion, Ukraine on agenda

South Africa hosts a summit of the BRICS group of nations and others in the Global South next week who are seeking to balance Western dominance of the world order while dealing with their own internal divisions.

The Times of India · Aug 18, 2023

Xi Jinping to make state visit to South Africa, attend BRICS summit

Trip will be Xi’s second overseas visit of 2023 and comes as China attempts to expand its geopolitical influence.

Al Jazeera · Aug 18, 2023

South Africa and Russia, the 'strange bedfellows'

South Africa's hosting of a BRICS summit next week has turned a spotlight on ties between Pretoria and the Kremlin that are cosy and, for some, a puzzle.

Radio France Internationale · Aug 17, 2023

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

Jim O’Neill coined the term BRIC when he worked at Goldman Sachs in 2001, and he’s blasting the idea of a BRICS currency. “It’s embarrassing almost.”

Fortune · Aug 15, 2023

BRL/USD: Is Brazil’s Currency a Buy Against the U.S. Dollar?

Brazil’s currency, the real, declined steadily from 2011 through 2020. Over the past three years, the real has been edging higher against the U.S. dollar but has yet to break out on the upside. Since the trend is always your best friend, buying the real could be the optimal approach…

Barchart · Aug 14, 2023

Why Does Platinum Keep Failing?

Platinum is a rare precious metal with significant industrial applications, but over the past years, that has not helped the price. While gold and palladium rose to all-time highs in 2022, platinum could not manage a rally to anywhere near the 2008 record peak. After attempting to move above the…

Barchart · Aug 11, 2023