06:00
Colombia begins process to join BRICS bank
Colombian President Gustavo Petro announced on May 16 that his country has started the process of joining the New Development Bank of BRICS.
Trump threatens BRICS with tariffs if they replace US dollar
Reuters
U.S. President Donald Trump warned BRICS member states of a 100% tariff in an effort to deter them from moving away from the U.S. dollar as the global reserve currency.
"We are going to require a commitment from these seemingly hostile countries that they will neither create a new BRICS currency, nor back any other currency to replace the mighty US dollar or, they will face 100% Tariffs," Trump stated on Truth Social platform.
"There is no chance that BRICS will replace the US dollar in international trade, or anywhere else, and any country that tries should say hello to tariffs, and goodbye to America!" he added.
18:08
World News
Meeting of foreign ministers from BRICS member countries
Foreign ministers from the enlarged BRICS bloc met in Brasília on Thursday, where host Mauro Vieira urged the group to craft “practical pathways” for resolving global conflicts and strengthening multilateral security ahead of the leaders’ summit later this year.
18:00
Indonesia
Indonesia to join BRICS' New Development Bank
Indonesia will officially become a member of the New Development Bank (NDB), a multilateral financial institution established by BRICS nations, President Prabowo Subianto announced on Tuesday.
12:15
BRICS
Brazil announces Nigeria's acceptance as BRICS partner country
Brazil announces Nigeria's acceptance as a partner country in BRICS, highlighting shared interests and Nigeria's growing role in global governance and the Global South.
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