Page 79 - Brics News Today

The expanded 11-member BRICS will now account for 35 per cent of global GDP in purchasing power parity terms compared to only 30.7 per cent for the G7 countries.

As a country that does not want to be aligned with super powers, joining BRICS could put Indonesia in a complicated situation in terms of diplomatic relations, says international relations scholar Ayu Anastasya Rachman.

What do the new members bring to the BRICS table? With many of the six having economic dependencies on China, what is at stake for India? Amid the war with Ukraine, what does Russia hope to gain from the expansion?

The expansion of the BRICS (Brazil, Russia, India, China, South Africa) group to include six new countries could have significant implications for the aviation industry, including increased connectivity between member countries and the potential for open skies agreements. The expanded group could also challenge the dominance of the US dollar as the reserve currency and fare calculation currency in the industry. However, political tensions and differing levels of infrastructure development and su...

Indonesia has taken a good decision by not joining BRICS, but still needs to be aware that this bloc remains important for the country, and ASEAN.

Washington - Some analysts warn that the choice of countries selected for induction into the BRICS bloc suggests the grouping as a whole may be headed o

The move symbolises the geopolitical tug of war between the Western and non-Western powers. It also highlights how major players like Russia and China are strategically manoeuvring to challenge the dominance of Western-centric forums

The 15th BRICS summit unfolded against the backdrop of Johannesburg's bustling skyline, where world leaders convened from the 22nd to th... | News Track

BRICS shouldn’t tie it up, nor should hosting G-20 be the summit of its aspirations

The US dollar will eventually be dethroned as the dominant global currency and the BRICS can create viable alternatives, Jeffrey Sachs, a world-renowned economist and President of the UN Sustainable Development Solutions Network, told Sputnik.