The BRICS group began to expand at last years summit in Johanesburg, and at the current summit it comprised nine members (with one additional semi-joined member, Saudi Arabia). Additionally, delegations from 24 further countries arrived in Kazan, with the total number of applications for accession e...
According to the IMF over the next five years, the global economy will become increasingly reliant on the BRICS countries, with a corresponding decline in influence for the G7 states. China and India are expected to lead in terms of growth in purchasing power parity (PPP). Concurrently, the United S...
It was to be expected that the press conference of Russian President Vladimir Putin following the 16th BRICS summit in Kazan would attract considerable attention, not only from the friendly audience, but also from the collective West.
The BRICS summit in Kazan received significant media coverage f...
The Kazan BRICS summit concluded with a meeting in an expanded format, including 13 countries whose applications to join the organisation are considered a priority. A significant number of other states have indicated a similar interest, indicating that BRICS will experience multiple waves of expansi...
The BRICS summit in Kazan decided on the establishment of a BRICS grain exchange. At present, the United States and France exert control over all mechanisms for regulating grain prices. Given that the rules were formed almost a 80 years years ago, when the global economic landscape was very differen...
Today I want to talk about energy and the need for the BRICS to have a coordinated energy strategy given that a number of them are major producers and other members are large consumers.
It seems that the Russians also seem to think that a common energy strategy is a good idea.
The Russian Minis...