The Latest Breaking News from BRICS

BRICS expands to 11 members, strengthening its position as a global grouping. New members from Middle East, Africa, South America chosen, sending message of multipolarity. India took lead in drafting criteria, most new members strategic partners. Expansion sends message against US sanctions, energy players join. BRICS now a recognised global…

At its launch almost a decade ago, the BRICS nations’ New Development Bank (NDB) was celebrated as a chance for countries across the Global South to break free of the US-dominated IMF and World Bank and rewrite the rules of financing global development. But while the number of nations signed…

Brics leaders on Thursday announced the admission of six new countries from next year as the club of large and populous emerging economies seeks to reshape the global order.

Talks of expansion have dominated the three-day annual summit of major emerging economies in Johannesburg.

BRICS expansion to include six new members: Saudi Arabia, UAE, Iran, Argentina, Egypt, Ethiopia. Expansion will take effect from January 1, 2024

Iran and Saudi Arabia are among six nations invited Thursday to join the BRICS bloc of developing economies

Brics leaders pledge to champion cause of ‘Global South’ with expansion of bloc

Watch live as Brics leaders close the summit on Thursday, 24 August, with a news conference in Johannesburg.

Leaders of the BRICS group of developing nations have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join, in a move aimed at growing the clout of a bloc that has pledged to champion the "Global South".

Donald Trump has set strict rules for any country “aligning themselves with the Anti-American policies of BRICS”

The world’s reserve currency is facing a challenge from Global South countries who want options beyond the greenback.