The 17th Brics summit has begun in Brazil’s Rio de Janeiro and leaders, including Prime Minister Modi and South Africa’s Cyril Ramaphosa are in attendance. However, for the first time since taking power in 2012, Chinese President Xi Jinping is skipping the meet. His absence has now given rise to rumours that a political transition…
Washington DC: Donald Trump has sniffed trouble brewing afar against the United States – one that may topple the US’s position as a dominant global power and end Washington’s ability to impose economic sanctions against those it deems fit for the case. The storm in question is the steadily-expanding BRICS+ grouping. Within hours of taking…
On Nov 30, US President-elect Donald Trump issued this threat on his social media TruthSocial: “The idea that the BRICS Countries are trying to move away from the Dollar, while we standby and watch is OVER. We require a commitment from these Countries that they will neither create a new BRICS currency, nor back any…