Observers say this year’s summit is a significant departure from previous BRICS meetings, positioning the bloc as a robust ...

The BRICS alliance, comprising Brazil, Russia, India, China, South Africa, and four other member countries, has emerged as a ...

Others have suggested the move is a lead-up to releasing a new currency from BRICS nations, rumored to be named the “unit,” which would be backed 40% by gold and 60% by member country currencies.