US President-elect Donald Trump has sent a strong warning to the BRICS nations – a group of countries trying to challenge the dominance of the US dollar in global trade. Trump has made it clear: if BRICS nations move forward with plans to create their own currency or replace the
Germany has been facing tough economic challenges in recent years, with its competitiveness declining and industrial output dropping. This problem became even worse after Germany decided to stop importing energy from Russia in 2022, a decision that many say was short-sighted. As a result, opposition politicians are now blaming Germany’s
Aleksei Mozhin, former Executive Director for Russia at the International Monetary Fund (IMF), has come forward with a bold claim: the United States and Western allies are putting intense pressure on the BRICS countries—Brazil, Russia, India, China, and South Africa—to keep them from gaining too much power and independence on
The recent BRICS summit in Kazan was a bold statement against Western dominance in global affairs. For years, countries like the United States and European nations have had a strong influence over world politics, economics, and even culture. They often present themselves as the world’s leaders, expecting other countries to
Indian banks are showing caution in their dealings with Russian clients due to concerns about possible US sanctions. Denis Alipov, Russia’s ambassador to India, recently explained that Indian banks, particularly those connected to the US, are worried about facing penalties if they continue trading with Russian businesses. Washington has increased
Just as President Recep Tayyip Erdogan arrived in Kazan for the BRICS summit, news broke of a terrifying attack in Ankara. Terrorists stormed the headquarters of TUSAŞ, a crucial aerospace company in Türkiye known for making military aircraft and drones. This shocking incident involved three well-armed attackers, including a woman,
Indian business leaders may have played a big role in helping Prime Minister Narendra Modi and Chinese President Xi Jinping reach a breakthrough agreement on a long-disputed border area in the Himalayas, according to Bloomberg. The two leaders met for the first time in nearly five years at the BRICS
The BRICS group—Brazil, Russia, India, China, and South Africa—has become the center of attention for many developing countries that feel left out by Western institutions like the World Bank and IMF. These countries believe these organizations don’t treat them fairly or as equals, and they’re looking to BRICS for a
BRICS, a powerful international group, was formed in 2006, starting with Brazil, Russia, India, and China. In 2011, South Africa joined, expanding the group’s influence. Now, as of 2024, new members have been welcomed: Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia. Though Saudi Arabia hasn’t formalized its membership yet,
