By bnl Sao Paulo bureau Brazil formally transferred the BRICS presidency to India at the conclusion of the bloc's fourth ...

Kenya is signaling a strategic shift toward deeper engagement with BRICS, the influential economic bloc comprising Brazil, ...

Many wonder if the US dollar will be abandoned. No one is planning to do that. The United States is a big country whose ...

The Brazilian president's aide's revelations arrive amid growing global pushback against US economic pressure. By building ...

Brazilian President Luiz Inacio Lula da Silva, right, and Vietnamese Prime Minister Phạm Minh Chinh exchange gifts during a meeting at Fort Copacabana, in Rio de Janeiro, Brazil, July 5, 2025 [Andre ...

Brazil’s Sherpa, Ambassador Mauricio Lyrio, handed the gavel to India’s Sherpa, Ambassador Sudhakar Dalela, praising the ...

For example, if a country had a regular gold-based currency today, then the value of the currency would be fixed to gold. In ...

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.

BRICS leaders are convening in Rio de Janeiro in Brazil for a two-day summit during which pressing topics like Israel's attack on Iran, the humanitarian catastrophe in Gaza and trade tariffs imposed ...

RIO DE JANEIRO — (AP) — Brazil will play host to a summit of the BRICS bloc of developing economies Sunday and Monday during which pressing topics like Israel's attack on Iran, the humanitarian crisis ...