The Latest Breaking News from BRICS

UAE-India trade is growing, but travel between the two countries is hindered by an Air Service Agreement impasse. Abdulnasser Alshaali, UAE Ambassador to India, said in an interview to The Hindu that the two countries are working to resolve the issue.

UAE Ambassador to India Abdulnasser Jamal Alshaali says India-UAE rupee-dirham deal is bilateral, not to de-dollarise global economy. Deal to lower transaction costs, ease path for trade b/w India and UAE. India-UAE trade increased 15% since implementation of Comprehensive Economic Partnership Agreement. UAE committed to supporting India's G20 presidency, wants…

Algerian President Abdelmadjid Tebboune starts a four-day visit to China on Monday as part of an effort to joint the BRICS group of emerging markets.

South Africa's deputy president says Russian President Vladimir Putin wants to attend an economic summit in South Africa next month but the country is trying to persuade him to stay away to avoid the legal and diplomatic fallout over his international arrest warrant

K. Annamalai, Tamil Nadu BJP President, to join four-member delegation to BRICS political parties plus dialogue meeting in Johannesburg. Meeting ahead of 15th BRICS summit in August. Annamalai to launch yatra across Tamil Nadu upon return.

New currency aims to boost intra-BRICS trade and pose a major challenge to the US dollar's dominance.

A summit between the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) will take place in Brussels on 17 and 18 July 2023 under the Spanish presidency of the Council of the EU. This meeting is important for both regions but, especially for Europe, given…

Gold was the best-performing precious metal in Q2 and over the first six months of 2023. The rare metal fell 2.01% in Q2 but was still 5.65% higher than the 2022 closing price on June 30. Gold remains in a long-term bull market, and the prospects are for higher highs…

A few years ago, the BRICS grouping – Brazil, Russia, China, India and South Africa – had lost salience because three of its members were in severe economic difficulty. Brazil, Russia and South Africa are primarily natural resource exporters and were badly affected by the global commodity price bust of…

Could a new currency be set to challenge the dominance of the dollar? Perhaps, but that may not be the point.

An international conference on the funding of Ukraine’s reconstruction drew to a close in London, with foreign donors pledging €60 billion in new financial support, UK Foreign Minister James Cleverley said at its closing session. Earlier on Thursday, Ukrainian forces carried out a missile strike on the Chonhar bridge connecting…