SCO & BRICS latest news and insights
By Mikatekiso Kubayi
The BRICS bloc was dismissed by many in the beginning, with some arguing that it does not hold sufficient power to change anything, let alone contend with the global hegemons. But BRICS is not about challenging anyone. It is about fostering cooperation and collaboration to fin...
By Xie Wenting in Johannesburg and Chen Qingqing in Beijing
The BRICS countries welcomed six new members from three different continents on Thursday, marking a historic milestone that underscored the solidarity of BRICS and developing countries and determination to work together for a better futur...
By Evgeny Pozdnyakov
From January 1, 2024, six new states will join the BRICS. The organization significantly increases its influence, developing new regions and gaining a foothold in old ones. What can the association offer to new members, what potential do they have, and how beneficial is the BR...
By Anna Koroleva
The Brazilian Finance Minister Fernando Addad said that Brazil has offered Argentina to use the yuan as a guarantee instrument in bilateral trade. Thus, TASS reports, the Chinese currency can replace for these two countries the American one, which is still used. The state bank Ban...
By Evgeny Pozdnyakov
Russia, as the initiator of the creation of BRICS, welcomes the expansion of the organization. Now the block is able to reflect the interests of the Persian Gulf countries. In addition, the influence of unification in Latin America is growing. Political scientist Stanislav Tka...
By Rhod Mackenzie
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...
