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.

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

With this inclusion, the bloc now counts nine partner countries: Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, Uzbekistan, and Nigeria.

Jakarta:Indonesia is encouraged to strengthen its partnerships with South Africa and Brazil as part of its membership in the BRICS economic group,

Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.

SAO PAULO (Reuters) - Brazil's government announced on Friday Nigeria's acceptance as a partner country in the multinational bloc of nations known as BRICS. Brazil, which holds the bloc's ...

Brazil noted that Nigeria and BRICS share a common interest as both actively strive to enhance cooperation among countries in the Global South. Brazil confirms Nigeria's admission into BRICS as ...

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 in ...

BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations. Last year, the bloc added ...

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.

US president’s warnings against nations exploring alternative currencies will be counterproductive in the long run, economists argue at World Economic Forum.