Questions about the future of BRICS are bound to be there especially when a new world order is being discussed. This geopolitical configuration is in exploratory...
Without missing words, Putin unreservedly shared his objective thoughts, and Africans know these trends across the continent down the years. The situation in many regions of...
Historically, the first meeting of the group began in St Petersburg in 2005. It was called RIC, which stood for Russia, India and China. Then, Brazil...
Formally launched in 2009, BRICS now accounts for 23 percent of global GDP and 42 percent of the world’s population, according to the summit website.
The assessment was given in an affidavit responding to an application by the country’s leading opposition party, the Democratic Alliance (DA), which aimed at forcing the...
BRICS is coined from Brazil, Russia, India, China and South Africa, by Goldman Sachs economist, Jim O’Neill, for the emerging national economies.
South Africa, as per stipulated approved guidelines and rules, holds the rotating presidency of BRICS, the organization of five emerging developing countries made up of Brazil,...
China is leading the charge with their Central Bank Digital Currency (CBDC). This system would replace cash but not yet replace banks — it would be...
“Its composition should be based on inducting new monetary ties established on a strategy that does not defend the U.S. dollar or euro, but rather forms...
On the other hand, Russia tries to make sure that the grain deal is implemented correctly in order to prevent a food crisis in Africa. That...