Source link The bloc’s members should work together to strengthen their economies, Ethiopian Ambassador Cham Ugala Uriat has told RT It is vital for BRICS to create an alternative international monetary system, the Ethiopian ambassador to Russia, Cham Ugala Uriat, has told RT in an exclusive interview. Uriat stated the bloc’s members should collaborate to […]
Source link Four countries recently joined the economic bloc, and the door has been left open for further additions Vietnam is actively working on a bid to join the BRICS economic group, the Izvestia newspaper has reported, citing Hanoi’s embassy in Russia. BRICS members Brazil, Russia, India, China, and South Africa were joined by four […]
Source link Serbian President Aleksandar Vucic has said he could attend the group’s gathering planned for Russia in October Serbian President Aleksandar Vucic has said he will consider attending the BRICS Summit scheduled for the Russian city of Kazan in October 2024, after discovering that he has been invited to the gathering. During an address […]
Source link French President Emmanuel Macron offered to help Brazil with the development of a nuclear-powered submarine during an official visit to the South American country. Macron spoke at a ceremony near Rio de Janeiro on Wednesday, hosted by his Brazilian counterpart, Luiz Inacio Lula da Silva, during the launch of the Tonelero (S42), Brazil’s […]
Source link Eswatini, which recognizes Taiwan as an independent state, fears that China could oppose its membership The Kingdom of Eswatini, formerly Swaziland, is considering joining the BRICS group with the aim of diversifying economic ties and boosting development, local media reported on Sunday, citing the southern African nation’s foreign ministry. The political department of […]
Source link South Africa is hosting a bilateral trade event this week, organized by the St. Petersburg International Economic Forum The St. Petersburg International Economic Forum (SPIEF), a leading Russian business conference, is set to hold a session in the South African city of Johannesburg on Wednesday. Russia and South Africa are partners in BRICS, […]
Source link The bloc’s acronym is a “brand” and the addition of new members will not change that, a top Russian diplomat has said The BRICS economic group will keep its current name despite the bloc’s expansion, a top Russian diplomat has said. BRICS is a recognizable brand and a “trademark,” according to Deputy Foreign […]
Source link The African nation sees joining the group as a way to make its voice heard on the global stage, according to Foreign Minister Yusuf Tuggar Nigeria plans to apply for membership in the BRICS group of emerging countries after the necessary domestic arrangements are complete, Foreign Minister Yusuf Tuggar has said. The diplomat […]
Source link The measure would be in line with the group’s plans to cut reliance on Western currencies and financial mechanisms The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview […]
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Source link 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 PPP terms, Russian President Vladimir Putin said on Thursday while addressing the Federal Assembly. The share of BRICS […]
Source link The “old colonial world” is coming to an end and is going to be replaced, according to the South American leader Venezuela aims to become a full-fledged member of the BRICS group “soon,” President Nicolas Maduro announced on Monday, stating that the emergence of a new multipolar world is “irreversible.” Speaking to the […]
Source link The volume of investable assets held by individuals in the group will skyrocket over the next decade, according to Henley & Partners The number of new millionaires in the BRICS countries will see a surge by 2034, contributing to the biggest increase in wealth across any group of nations, according to a recent […]
Source link South Africa’s deployment as part of a regional mission follows a resurgence of armed clashes in the central African country South African President Cyril Ramaphosa has authorized the deployment of 2,900 soldiers to the Democratic Republic of the Congo, where recent violent clashes between the state army and the M23 rebel group have […]
Source link 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 global GDP within the next four years, the head of the New Development Bank (NDB), Dilma Rousseff, said on […]