The leaders of the five BRICS nations stopped short of establishing a highly-promoted development bank at this week’s summit in South Africa, instead saying they would enter “formal ...

The bank will be set up with an initial investment of 50 billion dollars, with the five BRICS putting in 10 billion dollars each. The reserve fund, meanwhile, will initially contain 100bn dollars.

With its official membership in BRICS, Indonesia has embarked on a new chapter of economic diplomacy on the global stage.

However, the reality of BRICS’ achievements tells a different story. The New Development Bank (NDB), often touted as BRICS’ answer to the World Bank and the IMF, has failed to live up to expectations.

On 15 July, Brazil, Russia, India, China and South Africa signed agreements to establish the New Development Bank and the Contingency Reserve Arrangement. The provisions of each have to be ...

The post is referring to 159 participants — not countries — linked to Moscow’s bank transfer system, not the alternative payment system proposed by the BRICS member countries Claim ...

With heightening of geopolitical interest in building a new Global South architecture, the newly created administration at Ghana's Jubilee House, has to consider joining the 'partner states category' ...

The number of countries that are applying to join the BRICS alliance is intensifying in 2025. Developing nations are drawn towards the bloc as it provides alternative payment options for trade ...

Is this really a step towards peace or just another chapter in a story of delayed justice and extended suffering?

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BRICS continues to grow as Indonesia, the world's fourth most populous nation with a strong economic footing, has become its full member. Anadolu Ajansi quoted Indonesian Foreign Minister Sugiono ...

Here are some before and after pictures of the company's wordmark and logo. Here's a look at how the new wordmark and logo will appear on storefronts. Social media users react to Walmart's logo ...