The Latest Breaking News from BRICS

China, Russia, and South Africa are long-standing Brics members

According to Lear Capital's market analysis, the U.S. faces record-high credit card debt. High consumer debt burdens can constrain spending and economic growth, potentially leading to slower economic activity or recession concerns.

As the UN flagship climate summit failed to agree on a roadmap to phase out fossil fuels, the European Union finds itself increasingly alone in a world distancing itself from its climate ambitions.

The BRICS+ now commands a larger share of world GDP than the G7. The bloc originally comprising Brazil, Russia, India, China, and South Africa has been expanding. Alongside newly added members in Egypt, Ethiopia, Iran, Indonesia, Saudi Arabia, and the United Arab Emirates, they surpassed the industrialized G7 bloc when…

Even as the United Nations marked the eightieth anniversary of its formation on October 24, the organisation is grappling with the severest identity crisis of its existence. 

Over the past two decades, economic strength, trade flows, technological leadership and even consumer demand have been moving steadily from west to east. This transformation is redrawing economic maps. It is also raising urgent questions about co-operation, competition and inclusion in a multipolar world. Lecturer in economics and finance Arno…

The U.N. General Assembly’s yearly meeting of world leaders is here

With the old global order in a heightened state of flux, driven by US President Donald Trump’s attacks on free trade, international organisations and human rights, small states like New Zealand are having to adjust their foreign policies and hedge their bets.

Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual meeting Monday held amid a damaging trade war with US President Donald Trump.