BRICS is set to control 40% of the global economy by 2030. Leaders will meet in Rio to discuss trade, while Trump warns of ...

Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, ...

Brazil abandons plans for a common BRICS currency in favor of facilitating trade in national currencies, focusing on ...

Despite these discussions, BRICS members do not intend to eliminate their dollar reserves, and Lula himself has softened his ...

South Africa President Cyril Ramaphosa’s priority as Group of 20 president is overhauling the global institutions he sees as ...

The BRICS nations comprising Brazil, Russia, India, China, and South Africa represent five of the largest emerging economies.

Countries like Malaysia and Thailand have expressed interest in joining BRICS, seen as a counterweight to the West, in recent ...

The Brazilian government announced Saturday that the next BRICS summit will take place in Rio de Janeiro on July 6-7 ...

U.S. President Donald Trump said on Thursday that BRICS nations could face 100% tariffs from the United States "if they want ...

"There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America!" Mr. Trump ...

The US froze Russia’s dollar assets in 2022 and stunned global holders of US bonds as forex reserves. But the world is stuck ...