From a five-member group to a big Global South family, BRICS now stands as a towering pillar, welcoming more countries, brainstorming development cooperation, and building consensus for the common ...

The New Development Bank (NDB), also known as the “BRICS bank,” is in talks with Saudi Arabia on admitting Riyahd as its ninth member, which would strengthen the NDB's funding options amid the ...

The group’s plans to challenge the supremacy of the US dollar did not get far at its recent summit in Russia, even if polite ...

Trade blocs, new technologies may spur countries to develop a parallel global payment system alongside the dollar-based one ...

China’s changing priorities towards funding African development through smaller projects show a possible willingness to adapt ...

The China Development Bank has extended a loan of 5 billion yuan (approximately $690 million) to Brazil's National Bank for ...

“A BRICS currency would require major political compromises, including a banking union, a fiscal union and general macroeconomic convergence … many experts doubt that a new BRICS reserve ...

For Southeast Asia, BRICS is just one piece of a larger puzzle.

By Rachel GYABAAH In 2012, as I sat in class discussing global financial systems, the concept of BRICS (i.e Brazil, Russia, India, China and South Africa) was introduced as a counterweight to the ...

There are advantages in improving reconciliation between Western and non-Western powers – a role for which Canada is uniquely ...

Prabowo wants to deliver his long-time campaign promise of joining BRICS, an alliance that encompasses Russia and China, ...