The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.

U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing some head-scratching and jitters over possible tariffs in Madrid.

Brazil takes the helm at a moment when diplomatic pragmatism should take precedence over some of the bloc’s more polarizing initiatives.

Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from expanding.

BRICS wants to usher in an international order not so dominated by the West. To a lot of Global South countries, that's an appealing vision. The post There's a Reason BRICS Is the Hottest Multilateral Ticket in Town appeared first on World Politics Review.

President Prabowo Subianto’s about-turn on membership of the economic grouping is about status rather than material gains.

As Trump confuses Spain for South Africa in BRICS, South Africans find humour in the blunder amid tariff warnings.

Donald Trump, who’s never shied away from calling political opponents “dumb” and “stupid,” had a prime opportunity to display his intellectual prowess on Monday.

President Donald Trump on Monday mistakenly identified Spain as a member of the BRICS bloc, a group comprising Brazil, Russia, India, China and South Africa. The comment caused confusion in Madrid and raised concerns about potential tariffs.

The BRICS bloc expands its influence with the addition of Indonesia as a new member, while Argentina declines the invitation, signaling a dynamic shift in the global economic landscape.

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(Maxim Shemetov, Pool Photo via AP, File) ABUJA, Nigeria (AP) — Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China ...