Sri Lanka and Bangladesh in the South Asian region have strong apparel sectors which have been impacted by high apparel ...

Reuters.com is your online source for the latest BRICS news stories and current events, ensuring our readers up to date with any breaking news developments ...

American Apparel, Bric’s Milano and Kendra Scott among new brands using Cross-Border Services from Pitney Bowes to grow sales in overseas markets ...

The BRICS nations (Brazil, Russia, India, China, and South Africa, plus new members like the UAE, Egypt, Ethiopia, and Iran) have been fired up about ending reliance on the US dollar. At this year ...

Nor will BRICS be the catalyst for a change in the world order. If that happens, it will be because of what China does individually and not through an alliance with Russia, Brazil, and other mid ...

The BRICS group has become a major political force in the last two decades, building on its desire to create a counterweight to Western influence in global institutions. The group’s expansions ...

The BRICS expansion is also likely to fuel competition – and potential friction – between China and India, whose ties have already been strained by a simmering border conflict.

Then, we might see a broad movement to organize all BRICS currencies on gold, much as the United States organized at Bretton Woods in 1944. A lot of progress has been made down this path since the ...

BRICS’ New Map Is Taking Shape Mihaela Papa, Walter Streeter Jun 25, 2025 Leaders attend a BRICS Plus session at the BRICS Summit in Kazan, Russia, Oct. 24, 2024 (pool photo by Maxim Shemetov ...

Putin said BRICS was aiming to use local currencies, not to create a SWIFT alternative. BRICS countries are expected to drive global economic growth but face challenges in reducing dollar reliance.

Update, 8/24/2023, 8:40 a.m. ET: This article was updated to include the names of the nations newly admitted to BRICS at the summit.

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.