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The international financial and development institutions should be reformed to reflect the interests of the Global South, Secretary-General Antonio Guterres has said.While the BRICS can play an important and complementary role for developing nations, he stressed that it should not contribute to a fr...

By Rhod Mackenzie

Russia has outwitted all the Western sanctions imposed on it - and China is taking a closer look, writes the UK's The Economist, with a characteristic subtitle - "How the rise of the middle powers is helping America's enemies".

The world has witnessed an unprecedented rise in f...

The total investable wealth currently held by the BRICS member states amounts to $45 trillion, according to Henley & Partners' inaugural BRICS Wealth Report.

The BRICS group of emerging economies, which previously comprised Brazil, Russia, India, China, and South Africa, underwent a major expansio...

By Rhod Mackenzie

The economic weight of the European Union and the euro area in the world has been declining for the last three decades. Events since 2019 have intensified this trend, and the sanctions against Russia, which have boomeranged on Europe itself, are making the trend downwards totally...

By Aaryaman Nijhawan

“A large part of foreign policy today is communication,” Indian External Affairs Minister Subrahmanyam Jaishankar said as the 9th Raisina Dialogue, an annual conference on geopolitics hosted by New Delhi, came to a close on Saturday. From regional conflicts and disruptive econ...

By Rhod Mackenzie

On the second anniversary of the outbreak of the Russia-Ukraine conflict, it is both disheartening and worrying for the global economy to see the West once again ratcheting up sanctions against Russia and even extending them to third countries, rather than reflecting on and ackno...