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Russia's 'political' debt default sets emerging...

Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a. ....

Broad consensus reached in BRICS meeting, offering pro-development stability amid US-led bloc politics

A day before US President Joe Biden s Asia trip, a 25-pronged joint statement was finalized at the BRICS foreign ministers meeting Thursday night Beijing time, which includes consensus on increasing the role of emerging economies in inclusive global governance, support for Russia-Ukraine negotiations, counterterrorism and arms control, as well as the possible BRICS expansion.
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