Responsible Statecraft on MSN2d
Where expansion could hit a BRICS wall
Turkey’s formal application last week for membership in BRICS marks a major step forward for a bloc that expanded its ...
Many investors intrigued by potential investing opportunities in the developing world often cast their eyes on BRICS. The term is the acronym for a group of large emerging-market nations ...
In 2014, the Brics nations set up the New Development Bank to lend money to boost infrastructure. By the end of 2022, it had provided nearly $32bn to emerging nations for new roads, bridges ...
Several clients have asked about the risk the Brics nations (Brazil, Russia, India, China, and South Africa) pose to the US dollar. There’s a fear that the USD is losing its grip as the world ...
BRICS expands its global presence, with 34 countries expressing interest in joining its activities, showcasing its commitment ...
THE currently ongoing BRICS Summit, which commenced on Sept 9 ... the transition away from reliance on the United States dollar. Donald Trump’s 100% tariff threat to protect the dollar’s ...
The discussion of Turkey's possible membership of BRICS comes amid US authorisation for Ukraine to strike deep into Russia ...
But more importantly, Brazilian President Luiz Inacio Lula da Silva floated the idea of creating a single BRICS currency that members could use to transact with one another. No concrete plans were ...
“It is each according to its comfort level. Within BRICS if you agree for currency settlement, you may choose not to do with x country, while doing with others. If India chooses not to do with ...