Tag - brics

 
 

BRICS

(From left to right) Brazilian President Luiz Inacio Lula da Silva, Chinese President Xi Jinping, South African President Cyril Ramaphosa, Indian President Narendra Modi and Russian foreign minister Sergey Lavrov on the closing day of the BRICS summit in Johannesburg on Thursday.
WORLD
Aug 24, 2023
BRICS asks Saudi Arabia, Iran, other nations to join to add heft
More than 20 nations from the Global South had formally requested to join ahead of this week's summit.
Challenges to the U.S. dollar’s vital role in the world economic and financial system are often said to be imminent, but somehow never materialize.
COMMENTARY / World
Aug 23, 2023
A BRICS common currency is still a pipe dream
The greenback comprises just under 60% of global currency reserves, down from around 70% in 2000. Still that is well above any competitor.
Leaders from the BRICS group of major emerging economies are set to meet this week in South Africa, but internal divisions are likely to slow any plans to expand the bloc, experts say.
WORLD / Politics / ANALYSIS
Aug 22, 2023
Divergent interests likely to slow BRICS expansion
Plans to expand the bloc and boost payments in local currencies will top the agenda at the group's summit this week.
Japan Times
WORLD / Politics
Jul 20, 2023
Putin, facing arrest risk, to skip BRICS summit in South Africa
The U.S. and its allies have sought to make Putin into a pariah over his invasion, but many countries in the global south have refused to join sanctions against Moscow.
Japan Times
WORLD / Politics
Jul 19, 2023
EU’s Latin America charm offensive hits a roadblock over Putin
Discussions this week highlighted challenges that Europe and the G7 will face, especially as the BRICS alliance grows in size and influence.
Japan Times
COMMENTARY / World
Jul 6, 2023
The mighty U.S. dollar can fight off the digital upstarts
The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced.
Japan Times
WORLD
Jun 9, 2023
South Africa’s Ramaphosa plans call with China’s Xi amid furor over Putin warrant
Some South African ministers are in favor of the BRICS summit moving to China, which isn’t a member of the International Criminal Court.
Japan Times
WORLD
Jun 2, 2023
BRICS ministers put on show of strength as Putin arrest warrant looms large
The ICC accused Putin in March of the war crime of forcibly deporting children from Russian-occupied territory in Ukraine.
Japan Times
WORLD / Politics / ANALYSIS
May 25, 2023
BRICS considering expansion as emerging economies rally to join group
The plan would increase representation from across the 'Global South' and provide an alternative model to the Group of Seven.
Japan Times
COMMENTARY / World
Apr 18, 2023
The dollar remains the coin of the realm — and then some
The Chinese yuan’s role is growing, but it won’t replace the dollar without U.S. mistakes.
Japan Times
COMMENTARY / World
Jul 15, 2022
Is BRICS going to break up?
India has always been the indispensable swing member of BRICS. The bloc's current strategic direction in favor of China and possible enlargement could push the country toward an exit.
Japan Times
BUSINESS
Jun 23, 2022
Xi reaffirms growth target that analysts say is out of reach
Pandemic lockdowns since March in places like technology hub Shenzhen, car manufacturing center Jilin and financial metropolis Shanghai have disrupted business and consumer activity.
Japan Times
BUSINESS
Nov 14, 2019
Port deal cited as Brazil and China hail strong ties
Brazilian President Jair Bolsonaro and Chinese President Xi Jinping praised their countries' strong bilateral relations at a meeting on Wednesday, as sources said a Chinese state firm was prepared to announce a major Brazil port investment.
Japan Times
WORLD / Politics
Oct 16, 2016
At BRICS summit, Modi accuses Pakistan of being 'mother-ship of terrorism'
Indian Prime Minister Narendra Modi branded Pakistan a "mother-ship of terrorism" at a summit of the BRICS nations on Sunday, testing the cohesion of a group whose heavyweight member China is a close ally of its South Asian archrival.
Japan Times
COMMENTARY / World
Apr 13, 2016
No end in sight to once-booming Brazil's crises
No one knows where the Latin American nation's mix of economic disappointment and political disillusion is leading.
Japan Times
BUSINESS
Jul 21, 2015
China heralds boost for emerging nations with BRICS Bank opening
The biggest emerging economies opened their New Development Bank in Shanghai on Tuesday, strengthening China's ability to offer developing nations the support traditionally given by the U.S. and Japan through organizations like the World Bank.
COMMENTARY / World
Jul 1, 2015
China's new international growth agenda
China now has a strategy to ensure its economic transformation benefits other countries in Asia and beyond.
COMMENTARY / World
Jun 18, 2015
Can the BRICS fulfill their former promise?
The ability of the BRICS countries to develop institutions that support greater economic freedom, with more reliance on market competition and less on government, will likely be the main determinant of their long-term success.
COMMENTARY / World
Apr 13, 2015
The not so spectacular BRICs?
According to one forecast, most BRIC economies will fail to meet long-range growth expectations.
COMMENTARY
Nov 3, 2014
Avoiding Western networks
All five BRICS countries — Brazil, Russia, India, China and South Africa — have vested interests in developing long-term alternative financial institutions for parking their money and moving it internationally, independent of the West's bullying instincts and addiction to sanctions.

Longform

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