BRICS transitions from Brazil to India, emphasizing sustainability and cooperation amid global challenges and ambitious ...

By bnm Gulf bureau BRICS nations and strategically allied states collectively hold approximately 50% of global gold production despite official reserves representing around 20% of the global total, as ...

Brazilian President Luiz Inacio Lula da Silva, right, and Vietnamese Prime Minister Phạm Minh Chinh exchange gifts during a meeting at Fort Copacabana, in Rio de Janeiro, Brazil, July 5, 2025 [Andre ...

BRICS leaders are convening in Rio de Janeiro in Brazil for a two-day summit during which pressing topics like Israel's attack on Iran, the humanitarian catastrophe in Gaza and trade tariffs imposed ...

Gold’s enduring role as a store of value and hedge against currency risk makes it a natural choice for countries seeking ...

The Brazilian president's aide's revelations arrive amid growing global pushback against US economic pressure. By building interconnected payment systems and defending multilateralism, Brazil and ...

For some of the world’s poorest people, BRICS — originally Brazil, Russia, India, China and South Africa — is becoming a ...

The ambassador noted that the issue of expanding membership was not discussed during Brazil’s presidency of the bloc, as the ...

BRICS nations are shifting away from reliance on the US dollar to gold, now holding approximately 50% of global gold ...

Carlos Marcio Cozendey, Brazil's Secretary for Multilateral Political Affairs, criticized the U.S. for its inconsistent trade ...

Brazil’s Sherpa, Ambassador Mauricio Lyrio, handed the gavel to India’s Sherpa, Ambassador Sudhakar Dalela, praising the ...

Backed by gold and a basket of member currencies, the UNIT is designed to reduce reliance on the US dollar, but major hurdles remain.