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A two-decade milestone since its founding, leaders from eleven nations gathered in New Delhi for the 18th BRICS Summit. What began in 2006 as an informal club of four large emerging economies has become something far bigger and more complicated. In 2001, economist Jim O’Neill proposed a plan that names Brazil, Russia, India, and […]
India and Russia have held their second high-level meeting in less than two weeks, with Prime Minister Narendra Modi and President Vladimir Putin meeting on the sidelines of the BRICS Summit, days after their August 31 meeting at the Shanghai Cooperation Organisation Summit. At the Shanghai Cooperation Organisation (SCO) meeting, PM Modi told President Putin […]
Chinese President Xi Jinping made his first visit to India in seven years for the 18th BRICS Summit on September 12 and 13 in New Delhi, marking his first trip to the country since the 2019 informal summit with PM Modi and the deadly 2020 Galwan Valley border clash that plunged bilateral ties to their […]
Over the weekend, BRICS nations agreed to expand trade and payments settled in local currencies. Analysts are calling it another step toward de-dollarisation as the bloc tries to counter an assertive United States under President Donald Trump. BRICS countries agreed on Saturday to expand trade and payments in local currencies, making another step towards de-dollarisation […]
