BRICS

BRICS: African countries face opportunities and risks in alienating China or the US – an expert weighs in

South Africa recently hosted a BRICS summit. The event attracted international attention because the group has recently begun to emerge as a possible rival against US dominance of world affairs.…

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Dollar unlikely to lose global dominance soon even as BRICS expand – note

LONDON, Sept 1 (Reuters) - The dollar is unlikely to lose its status as the global reserve currency anytime soon, even as the expansion of the BRICS group of developing…

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Latvia PM: Let EU countries without colonial pasts lead diplomacy with BRICS+

Outgoing Latvian Prime Minister Krišjānis Kariņš called on Europe to let member countries without a history as colonial overlords handle the crucial but often tense diplomatic relations with countries across…

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Saudi Arabia eyes world stage after BRICS invitation

China-led expansion calls for counterweight to West Saudi-U.S. ties strained over energy policy Washington concerned about non-dollar oil sales Iran, Egypt, UAE, Argentina, Ethiopia join BRICS By Yousef Saba and…

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What is a BRICS currency and is the U.S. dollar in trouble?

By Rachel Savage JOHANNESBURG (Reuters) - Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means…

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BRICS invites six nations to join developing world bloc

Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at growing the…

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BRICS expansion hopefuls seek to rebalance world order

An expansion of the BRICS bloc under consideration at a summit this week has attracted a motley crew of potential candidates - from Iran to Argentina - with one thing…

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An expanded BRICS could reset world politics but picking new members isn’t straightforward

Eager to escape perceived western domination, several countries – mostly in the global south – are looking to join the Brics bloc. The five-country bloc (Brazil, Russia, India, China and…

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Algeria applies to join BRICS

Algeria has applied to join the BRICS group and submitted a request to become a shareholder member of BRICS Bank with an amount of $1.5 billion, Ennahar TV quoted Algerian…

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Ethiopia asks to join BRICS bloc of emerging economies

(Reuters) - Ethiopia, one of Africa's fastest-growing economies, has asked to join the BRICS bloc of emerging markets, the foreign ministry said. The term BRIC was coined by Goldman Sachs…

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Macron would be inappropriate guest at BRICS summit, says Russia

MOSCOW, June 22 (Reuters) - French President Emmanuel Macron would be an inappropriate guest at the BRICS summit, the RIA news agency quoted Russian Deputy Foreign Minister Sergei Ryabkov as…

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BRICS ministers meet in push to establish group as counterweight to West

Ukraine war repercussions fuel impetus to strengthen BRICS Foreign ministers likely to discuss admitting new members Meeting is prelude to controversial summit in August By Wendell Roelf CAPE TOWN, June…

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