India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% […]
The group will account for 36.6% of the world’s GDP in PPP terms by 2028, according to the Russian president The BRICS states are overtaking the G7 in terms of share in global GDP in […]
The group will account for 40% of global GDP within four years, the head of the New Development Bank has said The BRICS member states will overtake the G7 in terms of share in […]
The political consultations between Ethiopia and Russia were praised by the African country’s foreign ministry Ethiopia’s first BRICS meeting since joining the group last month has been described as a “diplomatic victory” for the African […]
Russia’s presidency of BRICS has resulted in a total revamp of the organization, South African sherpa Anil Sooklal has told RT in an exclusive interview. Sookhal, who is also his country’s sherpa for the G20 […]
It can plausibly be hypothesized that Saudi Arabia’s unexpected decision to delay formal membership in BRICS is due to Western perceptions about this association, Iran’s involvement in the Red Sea Crisis, and Israeli-US pressure. Saudi […]
Turnover with Brazil nearly doubled in December as the South American country ramped up imports of commodities from Moscow Trade between Russia and Brazil surged to record volumes in December despite Western sanctions as fellow […]
Daily Standup Weekly Top Stories A Natural Gas Plant Guarding US Northeast From Winter Blackouts Is at Risk – Consumers at mortal risk January 7, 2024 Stu Turley (Bloomberg) — A natural gas terminal that’s been […]
The BRICS New Development Bank (NDB) has announced the approval of a $500 million loan to fund rural road projects in the Indian state of Gujarat. The funds will be used under the Mukhyamantri Gram […]
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries will initiate payments to settle international trade using direct bank transfers. SWIFT payment system is no longer […]
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