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Brics

  • Wednesday, 9 July, 2025
    The FT ViewThe editorial board
    The Brics lose their clout

    The bloc of heavyweight emerging markets has grown bigger but less coherent

    Brazil’s president, Luiz Inácio Lula da Silva, speaks at the Brics summit in Rio de Janeiro on Sunday
  • Monday, 7 July, 2025
    Brics nations hit back at ‘emperor’ Trump over tariff threats

    Host Brazil criticises US president as being ‘very irresponsible’ for vowing extra levies on states aligned to group

    Brazil’s President Luiz Inácio Lula da Silva speaks during a press conference at the Brics summit in Rio de Janeiro on July 7 2025
  • Monday, 7 July, 2025
    Trump tariffs
    Trump threatens extra 10% tariff over ‘anti-American’ Brics policies

    Washington prepares for end of 90-day pause on steep ‘liberation day’ levies

    Leaders and delegates at a Brics summit sit at a conference table in front of a large backdrop reading ‘BRICS Brasil 2025’
  • Sunday, 6 July, 2025
    Growing pains and absent leaders hang over Brics summit

    Enlarged bloc avoids mentioning US as it condemns strikes on Iran and expresses concern about tariffs

    Brics signage
  • Wednesday, 23 April, 2025
    Brazil
    China and Brics will ‘defend’ global order as Trump withdraws, Brazil says

    Developing nations are ‘main defenders’ of global diplomacy, argues president’s top foreign policy adviser

    Flags of the BRICS countries
  • Monday, 2 December, 2024
    US dollar
    Dollar climbs after Trump’s Brics tariff threat and French political woes

    Currency on course for biggest daily rise since November 5 US presidential election

    A teller shows US dollar bills
  • Saturday, 30 November, 2024
    US trade
    Trump threatens Brics nations with 100% tariffs if they undermine dollar

    Warning against pushing alternatives to reserve currency is latest trade threat from incoming president

  • Thursday, 24 October, 2024
    Russian politics
    Putin’s alternative to ‘weaponised’ dollar fails to excite Brics partners

    Russian president targets US financial dominance in struggle to reduce impact of sanctions

    Vladimir Putin, Xi Jinping and Narendra Modi walk together through a doorway during an informal dinner
  • Friday, 25 August, 2023
    The FT ViewThe editorial board
    The Brics countries send out invitations

    An expanded group will struggle to challenge the west’s influence over the global economy

    Luiz Inácio Lula da Silva of Brazil, left, China’s Xi Jinping, South Africa’s Cyril Ramaphosa, India’s Narendra Modi and Russia’s foreign minister, Sergei Lavrov, in Johannesburg
  • Tuesday, 22 August, 2023
    LexUS dollar
    Brics: the mighty dollar is secure for now Premium content

    But the US should not be complacent about the greenback’s primacy

    A foreign currency dealer exchanges US dollars
  • Friday, 10 February, 2023
    Markets InsightPaul McNamara
    Why a Brics currency is a flawed idea

    Non-Chinese members of the grouping might increase dependence on Beijing

    China’s President Xi Jinping and Russia’s President Vladimir Putin
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