Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar

President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100 percent-tariffs threat he had made weeks after winning the November presidential elections. We are going to require a commitment from these seemingly...

No gains from BRICS bank even after three years
No gains from BRICS bank even after three years

Bangladesh has not yet received any assistance three years after joining the BRICS bank. Bangladesh became a member of the New Development Bank (NDB), led by BRICS, in 2021. However, apart from Brazil, Russia, India, China, and South Africa, no other countries have received loan approvals from this...

Indonesia welcomes its entry into BRICS bloc
Indonesia welcomes its entry into BRICS bloc

Indonesia welcomed Brazils announcement on Tuesday that it had become a full member of BRICS, a bloc of developing economies increasingly seen as a counterweight to the West. The Brazilian foreign ministry said in a statement on Monday that Southeast Asias most populous country shares with the...