There’s still interest in emerging markets. But BRICS is largely irrelevant as an investment theme today due to geopolitical changes and the members’ different economic trajectories.

The UAE is harnessing its BRICS membership to accelerate global economic growth, boost cross-border trade, and drive ...

President Trump vowed to impose tariffs of up to 100 percent on countries that back a new reserve currency among the BRICS countries, a group that includes Russia and China. Trump’s Truth Social ...

The US president wrote on the social media platform: “The idea that the Brics countries are trying to move away from the dollar, while we stand by and watch, is over.” Mr Trump, who has ...

There’s still interest in emerging markets. But Brics is largely irrelevant as an investment theme today due to geopolitical changes and the members’ different economic trajectories.

The Kremlin on Friday brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.

Brics currently has 11 members (Brazil, Russia, India, China, South Africa, Egypt, Iran, UAE, Saudi Arabia, Ethiopia and Indonesia), whose share of the global economy amounts to about 40 per cent.

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 ...

The UAE is harnessing its BRICS membership to accelerate global economic growth, boost cross-border trade, and drive infrastructure development worldwide, panelists said during a panel discussion at ...