According to Bloomberg, global supply chain costs have surged by 40 percent. The WTO has issued a stern warning that US ...

Brazil's central bank does not see any realistic prospect of emerging nations in the BRICS group creating markets large ...

MIAMI — Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away ...

Colombia’s government has formally requested entry to the New Development Bank of trade bloc BRICS, acting trade minister Cielo Rusinque said at a forum attended by ambassadors of BRICS countries. At ...

On Tuesday, the Chinese president visited the Shanghai-based New Development Bank, a multilateral bank of BRICS member nations. In a meeting with Dilma Rousseff, the NDB's president, Xi said the BRICS ...

Established in 2015, NDB is a multilateral development bank established by BRICS countries with the purpose of mobilizing resources for infrastructure and sustainable development projects in ...

The bank will be set up with an initial investment of 50 billion dollars, with the five BRICS putting in 10 billion dollars each. The reserve fund, meanwhile, will initially contain 100bn dollars.

China’s President Xi Jinping urged Shanghai to accelerate efforts to turn itself into a technological and innovation hub with global influence as he made his first visit to the city since ...

“The U.S. central bank’s gold reserve is still more than 48% of the BRICS countries’ gold reserves combined,” according to data from Axios cited by Truong. Despite recent aggressive gold ...

BRICS is an international organisation comprising 10 countries, including Russia, China and Iran. A Clemson University report in 2024 showed how Russian disinformation campaigns use the BRICS ...