India's limited local currency trade reduces risk of US tariffs amid BRICS de-dollarisation push, promoting rupee internationalisation.

ALMATY. Jan 30 (Interfax) - The creation of a BRICS grain exchange may become a milestone project for the group's member countries, Russian Deputy Agriculture Minister Maxim Titov said.

The Cuban regime officially requested to join BRICS in early October 2024, as reported at the time by Carlos Pereira, Director of Bilateral Relations at the Cuban Foreign Ministry. The request was made through a letter addressed to Putin, who held the rotating presidency of the group in 2024.

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.

In a bold move, U.S. President Donald Trump has announced plans to impose tariffs on China, India, and Brazil, accusing these nations of harming America's economy. Trump's "America First" approach includes slapping hefty tariffs on countries that seek to enrich themselves at the expense of U.

Brics has emerged as a significant international force since 2009 when it was established at a summit in Russia. What began as a five-member group encompassing

U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.

Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.

The BRICS and SCO Young Leaders Award in Kazan received an overwhelming response, with over 400 applications from 13 countries, TV BRICS reported.The award attracted talented individuals from diverse backgrounds,

(Maxim Shemetov, Pool Photo via AP, File) ABUJA, Nigeria (AP) — Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China ...

In a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone.