While BRICS hasn’t yet done enough to turn the table, its stated action plans, particularly adopting a common currency within its fold and ultimately ditching the dollar, have announced themselves as potential game changers.
Two weeks after Nigeria became a partner country, US President Donald Trump has reiterated his threat to impose 100% tariffs
The United States President, Donald Trump, has reiterated his threat to impose a 100% tariff on members of the political and economic bloc known BRICS if they ditch the dollar. Trump's threat comes am
Nigeria has been accepted as a partner country in the BRICS bloc, which consists of developing economies. This addition brings one of Africa's largest
BRICS (Brazil, Russia, India, China, and South Africa) is an informal group of countries seeking a shift from the classical policy of 'balance of power' to 'rebalancing of power' in international relations,
In this episode of Drinks and Mics, the team takes a deep dive into the potential implications of Nigeria joining
The Associated Press - Business News on MSN13d
Nigeria admitted as a partner country of the BRICS bloc
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
The BRICS countries are usually noted for their cooperation in the organization of the new world economic order.
Nigeria joins BRICS as a partner country BRICS acts as a natural counterbalance to the West’s dominance and influence over the global economy through institutions like the IMF and the World Bank. Made up initially of the five major emerging economies of Brazil,
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
Brazil’s government said on Friday that Nigeria has been accepted as a partner country in the multinational BRICS group. This adds Africa’s largest economy to the growing alliance of emerging market countries. Brazil, which currently holds the rotating ...
Nigeria has been admitted as a partner country to the Brics bloc of developing economies, adding one of Africa's largest economies to the growing alliance of emerging market countries. Brazil, the group's chair,