By Lito U. Gagni
With the addition of six more countries to BRICS during the group’s recently concluded summit in Johannesburg, the big question now is whether the Philippines and its Asean partners are keen on being a part of the emerging economic grouping that could alter the global economic lan...
By Sergey Manukov
The biggest threat to America from de-dollarization, according to JPMorgan, is not so much the appearance of a competitor's currency, but the loss of Washington's main weapon with which it fought economic and financial crises in the past. The dollar helped Western central banks u...
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 Uriel Araujo,
Even a cursory glance at the latest headlines shows that the Global South is in the spotlight - largely due to the fact that BRICS has been gaining traction in that part of the world. The recent BRICS Summit in Johannesburg, for instance, saw the inclusion of six states (Egypt, Ar...
By Timofei Bordachev.
The past year and a half may represent a turning point in relations between Russia and Asia. For Moscow, strengthening relations with regional powers and their economies has become not so much a choice as a necessity. The desire of the West to inflict economic and military de...
By Alexey Poroshin
The choice of six new countries to join the BRICS five is not accidental. Egypt is an old ally of Russia, which has the largest army in Africa. Russia has a long history of cooperation with Ethiopia. It is the largest state on the continent in terms of population: 123 million pe...