BRICS

South Africa would have “no option” but to arrest Russian President Vladimir Putin, a senior government official said, if he attends the BRICS economic bloc in August in person. “If he comes here, we have to arrest him. There is nothing that the interministerial committee [...

While the BRICS nations — Brazil, Russia, India, China and South Africa — embark on an ambitious plan to create a new global currency, Russia has announced plans to establish specialized institutions dedicated to mining and facilitating cross-border cryptocurrency transactions...

Some elements of this story were previously reported by Benzinga, and it has been updated. As BRICS nations (Brazil, Russia, India, China and South Africa) move toward creating a new global currency, understanding the potential economic consequences for both the member countries and the global...

The ambitious plan by the BRICS nations — Brazil, Russia, India, China and South Africa — to create a new global currency is not only an economic endeavor but also a technological one. As these countries work together to establish a currency that could potentially reshape...

The prospect of a new world currency has been gaining traction, with the BRICS alliance exploring the idea of an innovative currency. The group of nations plans to share proposals at a forthcoming summit in South Africa, which has led to discussions on the potential impact on the U.S...

The BRICS alliance is exploring the creation of an innovative currency, with plans to share proposals on its establishment at the forthcoming summit in South Africa, according to Alexander Babakov, deputy chairman of Russia's parliament, the State Duma. Speaking at the St. Petersburg...

Targeting Western sanctions against Moscow for invading Ukraine, Chinese President Xi Jinping said the world "must abandon Cold War mentality" and "bloc confrontation." What Happened: During the keynote speech at the opening ceremony of the BRICS Business...

Russia on Wednesday said its trade with China, India, Brazil, and South Africa jumped over 38% in the first three months of the year, despite the "politically motivated sanctions" from the West. What Happened: Addressing the virtual BRICS Business Forum, Russian President Vladimir Putin...

If you’re looking for the year’s best-performing stock market this year, look no further than Brazil, where the Bovespa stock index is up 19 percent, making the S&P 500’s 3.8 percent rise positively yawn-inspiring by comparison. When a country’s stock market has just...