Saudi Arabia, UAE and Iran among six countries invited to join BRICS group

CNN  —  Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade. Also invited are Iran, Egypt, Ethiopia and Argentina, South African President Cyril Ramaphosa said Thursday as he wrapped up the annual summit of … Read more

BRICS invites six new members to join bloc in bid to champion ‘Global South’

The BRICS group of nations has decided to invite six countries – Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the United Arab Emirates – to become new members of the bloc, South African President Cyril Ramaphosa said on Thursday.  Issued on: 24/08/2023 – 09:56Modified: 24/08/2023 – 10:04 The debate over expanding the BRICS bloc, comprising … Read more

Boosting trade and reducing dollar dependence top economic agenda at BRICS summit

Back to homepage / Shows / Business Daily Issued on: 22/08/2023 – 14:32 03:36 BUSINESS DAILY © FRANCE 24 As BRICS leaders meet in Johannesburg on Tuesday, they will be sure to discuss ways to increase commercial exchanges within the bloc of emerging economies comprised of Brazil, Russia, India, China and South Africa. The group, … Read more

African Union suspends Niger over military coup

Addis Ababa (AFP) – The African Union said Tuesday it had suspended Niger until civilian rule in the country is restored and would assess the implications of any armed intervention in the troubled Sahel nation. Issued on: 22/08/2023 – 13:58Modified: 22/08/2023 – 14:20 1 min The Peace and Security Council “requests the AU Commission to … Read more

BRICS summit of emerging economies gets under way without Putin

BRICS leaders meet in South Africa on Tuesday as the loose association of major emerging economies seeks to assert its voice as a counterweight to Western dominance in global affairs. The so-called BRICS nations — Brazil, Russia, India, China and South Africa — represent a quarter of the global economy, and interest in joining the club … Read more