Indonesia is formally joining the BRICS group of major emerging economies as a full member.
Nine countries will join BRICS as partner states in January 2025, gaining limited participation rights, as outlined in the Kazan Declaration.
President Putin announced Russia's AI Alliance Network with BRICS nations and other partners, aiming to challenge U.S. dominance in AI. This collaboration seeks to advance research, regulation, and market opportunities in the AI sector.
Work will continue on the BRICS settlement system despite U.S. President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying on Friday.
Trump warns BRICS nations against creating a rival currency to the U.S. dollar, threatening 100% tariffs. Putin praises BRICS as a pillar of a new world order.
Türkiye has been offered partner country status by the BRICS group, Trade Minister Omer Bolat confirmed, as Ankara seeks to balance its Eastern and Western ties. While considering potential BRICS membership, Türkiye views the partnership as an opportunity for enhanced economic cooperation.
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