Brazil took over the BRICS presidency from Russia on Jan. 1 after it was decided at the Summit in Kazan, Russia, back in October, that the new category of “associate members” would be created ...

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

While Cuba and Bolivia were accepted into the BRICS bloc as associate states ... policies against the Bolivarian Revolution founded by Commander Hugo Chávez,” the Venezuelan Foreign Ministry ...

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 ...

President Donald Trump has threatened BRICS countries, warning them against replacing the U.S. dollar as a reserve currency and telling them, "Go find another sucker nation." Newsweek has ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

China could step in to ease the pain of any potential U.S. trade measures against BRICS members, according to David Lubin, senior research fellow at Chatham House. Trump's tariff threat is ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Mr Trump, who has ...

Press secretary of the President of Russia Dmitry Peskov confirmed that so far there is no talk of creating a common currency ...

On January 1, Brazil assumed the rotating presidency of the BRICS, a bloc initially formed by Brazil, Russia, India, China, and South Africa, which unites some of the world’s fastest-growing ...

It's also unlikely that the BRICS members want to eventually move toward a fully-traded currency, like the dollar or euro. The euro took more than 40 years to come into being, from when it was ...

Indonesia’s admission this month to the BRICS developing-country bloc, started by Brazil, Russia, India, China and South Africa, marks an expansion of the group to Southeast Asia. Jakarta’s ...