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
Nigeria is Africa’s fourth-largest economy and the world’s sixth-most populous nation The Brazilian Government of Luiz Inácio Lula da Silva, in charge of the rotating presidency of the BRICS ...
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
In this episode of Drinks and Mics, the team takes a deep dive into the potential implications of Nigeria joining
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,
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 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.
The BRICS countries are usually noted for their cooperation in the organization of the new world economic order.
Brics welcomed Iran, Egypt, Ethiopia, and the United Arab Emirates as new members. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership
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,
U.S. President has threatened the BRICS group of emerging economies with tariffs of 100 per cent if they move away from the U.S. dollar as an international means of payment.“The idea that the BRICS Countries are trying to move away from the Dollar,