BRICS
BRICS overtaking G7 in economic might – Putin
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 […]
BRICS
BRICS
New BRICS member describes first meeting in Moscow as ‘diplomatic victory’
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 […]
BRICS
Russia plays leading role in BRICS – South African sherpa
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 […]
BRICS
BRICS to create new global trade balance – Nigerian NGO CEO
Membership in the group will “help reduce the Western dominance generally,” Muda Yusuf told RT The prominent Nigerian economist claimed that BRICS memberships are a “win-win situation.” On Tuesday, speaking during an exclusive interview to […]
BRICS
Putin outlines objectives for Russia’s BRICS presidency
Moscow will seek the “harmonious integration” of new members and boost internal cooperation and global outreach, he has said Russia has assumed the one-year rotating presidency of BRICS following its groundbreaking expansion in 2023, with […]
Finance
Argentina announces that it will not join BRICS bloc
News|Business and Economy Argentina has announced that it will not join the BRICS bloc of developing economies, fulfilling a campaign promise by newly elected far-right President Javier Milei who has pledged to pursue closer ties […]
Bankruptcy
BRICS candidate becomes latest African defaulter
Ethiopia had until December 25 to make a $33 million coupon payment to bondholders, but failed to do so Ethiopia has become the latest African nation to default in recent years, failing to make a […]
Finance
Russia, China completely abandon US dollar in bilateral trade, says Russian PM
Russia and China have completely abandoned the use of Western currencies, including US Dollar, in their bilateral trade, said Russian Prime Minister Mikhail Mishustin on Tuesday (Dec 19). While speaking during a meeting with his […]
BRICS
BRICS candidate likely to default – media
Ethiopia will hold a call with its international bondholders later this week after the African nation failed to pay a $33 million bond coupon that was due on Monday, according to a senior finance ministry […]
BRICS
Argentina won’t join BRICS – newly elected president
Javier Milei pledged to stay away from China and Brazil, as well as to dollarize the country’s economy Argentina is not planning to become a member of BRICS on January 1, Diana Mondino, senior economic […]