The BRICS countries — led by Brazil, Russia, India, China and South Africa — are actively working to reduce their reliance on the U.S. dollar in international trade, a process known as de ...

Home Politics Talking Point Can BRICS challenge the G7? Brazil, Russia, India, China, and South Africa are deciding whether it's time to go up against the powerful Group of Seven with a rival ...

Nearly 15 years after the BRICS coalition of major emerging economies was established in 2009, the group has yet to achieve its ambition of ousting the US dollar as the dominant global currency ...

BRICS already committed to deeper financial cooperation at the bloc's 2024 summit in Kazan, Russia, creating a cross-border settlement system and strengthening banking and financial markets ...

RIO DE JANEIRO — Developing nations participating in the BRICS summit on Monday brushed away an accusation from U.S. President Donald Trump that the bloc is “anti-American,” as he threatened ...

U.S. President Donald Trump warned early Monday that countries that support of BRICS nations -- Brazil, Russia, India and China -- would be slapped with an additional 10% tariff when across-the ...

Leaders in the BRICS group of emerging economies ended their recent summit with calls for less confrontation in the world. But that plea didn't go over well with President Trump.