As the old Western guard appears to fade and the birth pains of a new world grow louder with ever-increasing force in the form of BRICS, the status quo seems to be clinging to the belief that the ...
Saudi Arabia has joined Brics, the alliance of major developing countries, along with four other nations. The Saudi membership was due to start on 1 January, but there was a delay before it was ...
When economics researcher Jim O’Neill coined the acronym BRIC in 2001, it was to highlight the potential of four up-and-coming world economies: Brazil, Russia, India and China. O’Neill ...
The BRICS group — named after its five founding members, Brazil, Russia, India, China and South Africa — has become a broader grouping of non-Western countries that wants to stay out of ...
BRICS leaders, including Russian President Vladimir Putin and Chinese leader Xi Jinping, have publicly voiced their commitment to jointly introduce an alternative payment system that would not be ...