This week’s BRICS summit in Kazan, Russia, caused a stir, which is understandable. It was a major event in terms of both representation and concept. Everyone is free to evaluate it in their own way, but it cannot be dismissed an unimportant. If we turn away from the ceremonial and …
Read More »Trap for the West: Why BRICS cannot be dismissed any longer
The BRICS summit in Kazan was nothing short of a geopolitical firestorm. The assembling of the world’s prominent emerging economies in a country declared as a ‘pariah’ and under comprehensive sanctions is at best a denunciation and, at worst a harsh rebuke to Western policymakers who, according to Foreign Policy, …
Read More »BRICS just dropped a manifesto for the new world order
This week’s Kazan Declaration suggests that the BRICS – in its expanded composition– is ready to open a new chapter in its history. Never before have such voluminous documents been adopted as a result of the group’s summits. Moreover, the Kazan Declaration will be the subject of great interest in …
Read More »Dozens of countries want to join BRICS – Lavrov
Nearly 30 countries have expressed a desire to become part of the BRICS group, Russian Foreign Minister Sergey Lavrov said at a press conference in Moscow on Thursday. Discussing the results of Russian diplomacy in 2023, Lavrov argued that one of the most significant steps toward strengthening the global position …
Read More »Putin names common goal of BRICS countries
More countries are becoming members of the BRICS group because they don’t want to be dominated by any world power, Russia’s President Vladimir Putin has said. “Everyone, who joined BRICS, supports this idea, the concept of forming a multipolar world,” Putin said in an interview with the state-run China Central …
Read More »BRICS nations just want what is theirs, and that spells doom for the Western hegemony
Noted columnist Pankaj Mishra calls BRIC a “casual acronym” coined by Goldman Sachs economist Jim O’Neill in 2001 to draw attention to investment opportunities in Brazil, Russia, India and China. But it became much more significant when Russia initiated the formation of the eponymously titled global body in 2009. A …
Read More »BRICS more than doubles number of members
Six nations will become full-fledged members of the BRICS group of nations starting January 2024, after their candidacies were approved by leaders of the current member states, South African President Cyril Ramaphosa has announced. The expansion topped the agenda of the summit in Johannesburg this week. Argentina, Egypt, Ethiopia, Iran, …
Read More »Putin warrant could derail BRICS summit – South Africa
The International Criminal Court’s (ICC) warrant for the arrest of Russian President Vladimir Putin has thrown a “spanner in the works” of an upcoming BRICS summit in South Africa in August, a spokesman for South African President Cyril Ramaphosa said on Wednesday. As a signatory to the 2002 Rome Statute, …
Read More »Russia and India no longer need US dollar – BRICS president
Russia and India don’t need the US dollar in trade, having turned to national currencies to conduct mutual settlements, BRICS International Forum President Purnima Anand told reporters on Wednesday. “We have implemented the mechanism of mutual settlements in rubles and rupees, and there is no need for our countries to …
Read More »Three more countries set to join BRICS – official
Saudi Arabia, Turkey, and Egypt plan to join BRICS, and their potential membership bids could be discussed and answered at next year’s summit in South Africa, Purnima Anand, the president of the organization, told Russian media on Thursday. “All these countries have shown their interest in joining [BRICS] and are …
Read More »