BRICS is an acronym that represents an expanding, China-led grouping, with at its core five major emerging economies: Brazil, Russia, India, China, and South Africa.
After months of deliberations, six new nations have become the new members of the bloc including Iran, Saudi Arabia, Argentina, Ethiopia, Egypt and UAE – this was announced by the host Cyril Ramaphosa in the…
Divisions re-emerge ahead of critical expansion debate. China and Russia are eager to expand. India, Brazil and South Africa fear diluted influence and power imbalance. Reuters, BRICS leaders met on Tuesday to plot the future…
