BRICS Pay is set to be launched in 2025, and Russia may be the first country to use it. The system faces significant challenges, including

The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.

New member Indonesia should also not “surrender to arrogant expressions" made by countries outside BRICS, a Russian diplomat says.

US President Donald Trump has suggested that Russia conclude a peace agreement with Ukraine immediately, as it will only get worse. Otherwise, ot threatened to impose high tariffs and duties, as well as new sanctions.

Donald Trump labelled Spain as a BRICS nation. This is what BRICS actually is, and what the group aims to achieve. Brazil, Russia, India, China. South Africa

Spain has a meagre contribution to NATO and as a consequence, it could face 100% tariffs from the US, according to President Donald Trump, who unfortunately confused it with a BRICS country. When a journalist asked what would happen to NATO countries that do not meet the 2% spending target, Trump replied that Spain's contribution is "very low."

A former APC Presidential aspirant, Chief Charles Udeogaranya, has expressed strong support for Nigeria’s membership in BRICS as a partner country, describing it as a timely and transformative move.

A Russian diplomat said Monday that his country had engaged in talks to use local currencies for trade with BRICS newcomer Indonesia as Moscow remained an outcast from the international system for cross-border transactions.

Amid a series of executive orders, President Trump warned of 100% tariffs on Brics nations if trade remains unbalanced, incorrectly mentioned Spain as

Indonesian Foreign Affairs Minister Sugiono, in his annual address on Jan. 10, cites lack of respect for international law and UN Charter, saying global economic architecture does not meet modern chal