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Egypt joins BRICS-owned New Development Bank, expresses interest in becoming full-fledged member of BRICS

December 11, 2022 -

BRICS (Brazil, Russia, India, China, South Africa) established the NDB in 2014 to support sustainable development projects and enhance regional cooperation and integration by providing investments to BRICS member states and other emerging economies. (Related: BRICS nations moving rapidly to circumvent the US dollar as the World Reserve Currency.)

Egypt is just the fourth country outside of BRICS to be a member of NDP, after Bangladesh, ...

Malaysia declares intention to join BRICS

June 19, 2024 -

"We have made our policy clear and decided to proceed. We will start the formal process soon," Anwar stated. "We are waiting for the final result and feedback from the South African government." (Related: More than 40 additional countries want to join BRICS in 2024; 97 countries to participate in BRICS 2024 Games hosted by Putin.)

Anwar mentioned that he also discussed the matter in a recent meeting with Brazilian President Luiz Inacio Lula da Silva. BRICS ...

African nation wants to join BRICS

March 20, 2023 -

(Article republished from RT.com)

“We made it clear that we would like to become a member of the BRICS,” Christopher Mutsvangwa told Russia’s RIA Novosti news agency.

The official added that his country is interested in developing alternatives to the Western-dominated SWIFT payment network. In his view, BRICS could contribute to that.

Mutsvangwa described BRICS as a new force in international relations, and said he hopes its growth ...

Indonesia becomes BRICS bloc’s newest full member

January 08, 2025 -

Indonesia, the world’s fourth-most populous nation, has formally joined the BRICS group of major emerging economies, Brazil announced on Monday, Jan. 6.

The move marks a significant expansion of the bloc, which now includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Indonesia’s membership, endorsed by BRICS leaders in 2023, was finalized following the formation of its new ...

More than 40 additional countries want to join BRICS in 2024; 97 countries to participate in BRICS 2024 Games hosted by Putin

June 06, 2024 -

Scheduled to be hosted by Russian President Vladimir Putin from June 12-24 in the Kazan region, the BRICS 2024 Games "are an integral part of the development of [Russia]," according to Russian Prime Minister Dmitry Chernyshenko.

"Ninety-seven countries had already confirmed their participation ... The BRICS Games 2024, which were ordered to be organized following the decree of the Russian President Vladimir Putin, are an important part of our country's ...

Brazil defies Trump, strengthens BRICS ties amid tariff threats

July 29, 2025 -

Brazilian officials announced on Saturday, July 26, their intention to deepen cooperation with fellow BRICS nations, despite explicit warnings and tariff threats from U.S. President Donald Trump.

The announcement comes at a time of heightened tensions, with the U.S. accusing the bloc of undermining the dollar's global dominance and meddling in Brazil's internal affairs.

Celso Amorim, a senior adviser to Brazilian President Luiz Inacio ...

Vietnam joins BRICS: A strategic move amid global shifts

June 17, 2025 -

On Saturday, June 14, Brazil's foreign ministry announced that Vietnam had become the tenth partner country of BRICS on June 13, a significant development in the bloc's ongoing expansion. This move underscores the growing influence of the Global South and reflects a strategic realignment in global economic and political dynamics.

The decision was made during a meeting of BRICS foreign ministers.

Vietnam's accession to BRICS ...

Trump’s tariff retreat sparks fears of accelerating BRICS dominance

May 13, 2025 -

Financial expert Andy Schectman warns that President Trump’s decision to roll back tariffs on China has inadvertently accelerated the BRICS alliance’s push for a dollar-independent financial system. With China and Russia refusing to capitulate to U.S. economic pressure, Schectman highlights how BRICS nations are rapidly expanding alternative trade settlement systems, including gold-backed transactions and digital payment networks. The move ...

Putin to showcase Russia’s global alliances at BRICS summit

October 25, 2024 -

Leaders representing around 40 percent of the world's population, including Chinese leader Xi Jinping and Indian Prime Minister Narendra Modi, are joining the BRICS summit hosted by the Russian city of Kazan. The summit provides Putin with a platform to reinforce Russia’s global influence amid sanctions and an international arrest warrant for his alleged war crimes in Ukraine.

The BRICS group was established in 2009 with four original members – Brazil, ...

Turkey submits request to join BRICS group of nations

September 06, 2024 -

Sources told Bloomberg News that Ankara "seeks to bolster its global influence and forge new ties beyond its traditional Western allies." According to them, Turkish President Recep Tayyip Erdogan believes "the geopolitical center of gravity is shifting away from developed economies." Thus, Turkey's decision to join BRICS "reflects its aspirations to cultivate ties with all sides in a multipolar world, while still fulfilling its obligations" as a key member of the ...

Turkey, a strategic NATO ally, applies to join BRICS

September 04, 2024 -

Bloomberg dropped the news that, according to people familiar with the matter, Turkey wants to expand beyond its traditional Western allies. A geopolitically important NATO member, Turkey's embrace of Russia and its allies as opposed to the United States and its allies is a sign of the times and an indicator of much more to come.

Ankara is said to have submitted its BRICS application "some months ago." Certain "rifts" formed between NATO and Turkey after Russia ...

BRICS alternative currency near realization, American empire death imminent?

August 13, 2024 -

(Article by Ben Bartee republished from ArmageddonProse.Substack.com)

I had a vague appreciation prior of the global dominance of the dollar, but it had never occurred to me that it could be used to conduct mundane transactions halfway around the world.

Those days are, if not over, soon to be over.

Via Business Insider (emphasis added):

The initiative came from a summit of the BRICS countries in Johannesburg last year where the group — ...

Thailand announces intention to join BRICS, accelerating dollar’s demise

May 31, 2024 -

This is according to Thai government spokesman Chai Wacharonke, who said in a statement that the country’s cabinet in Bangkok has now given the go-ahead to an official letter of intent.

Chai reported that Thailand underscored in its letter the importance of multipolarity and the rising role that developing nations like Thailand are playing on the international stage. The country believes its vision for the future aligns with BRICS principles.

Thailand also ...

BRICS to create blockchain-based payment system – Putin aide

March 06, 2024 -

The BRICS group of emerging economies plans to create a payment system based on digital technologies, Yury Ushakov, a senior foreign policy aide to Russian President Vladimir Putin, has told TASS in an interview published on Tuesday.

(Article republished from YourNews.com)According to Ushakov, the system would be “outside of politics” and would not depend on national agendas or the fiat currencies of countries around the globe.

“We believe that an important ...

Indonesia joins BRICS in a growing challenge to Western dominance

January 07, 2025 -

In a move that signals a seismic shift in global power dynamics, Indonesia, the world’s fourth most populous nation, has officially joined the BRICS bloc, a coalition of emerging economies increasingly seen as a counterweight to Western dominance. The announcement, made by Brazil, the group’s current rotating chair, on Monday, underscores the bloc’s growing influence and its ambition to reshape the global economic order.

With Indonesia’s ...

Economic Wrath: Deteriorating Western Markets and the Rise of BRICS

December 30, 2024 -

Mike Adams highlights the dismal state of the Western economies, particularly in Europe, where countries like Germany are witnessing an economic collapse unprecedented in recent history. He points to the decline in GDP, the exodus of major industries, and the overall economic malaise as clear indicators of a failing system. In contrast, Adams highlights the growth and resilience of the BRICS nations, which are poised to supplant Western currencies with their own decentralized ...

Mexico planning to join BRICS amid tensions with the US

April 05, 2023 -

Mexican Foreign Minister Marcelo Ebrard said the country shares the vision and values of the BRICS group. He also expressed hope that Mexico City will deepen its cooperation with the group in various fields, especially in medicine and trade.

The Central American nation with a population of 120 million boasts having the second-largest economy in Latin America, next to Portuguese-speaking Brazil. Mexico has already established close ties with China – its second-largest ...

Argentina, Iran apply to join BRICS group of emerging economies

June 29, 2022 -

BRICS is made up of Brazil, Russia, India, China and South Africa. British Economist Jim O'Neill first coined the term in 2001 in his "Building Better Economic BRICs" study. South Africa later joined the bloc in 2010, which added the letter "S" to the group's acronym.

Saeed Khatibzadeh, spokesman for the Iranian Ministry of Foreign Affairs, said Tehran has already had "a series of consultations" with BRICS about its application. He lauded the ...

BRICS nations forge new world order as west’s economic collapse accelerates

June 19, 2025 -

The global balance of power is undergoing a seismic shift as BRICS nations—led by China, Russia, and Iran—consolidate control over critical resources, manufacturing, and energy, while Western economies falter under self-inflicted crises. Recent developments highlight this dramatic realignment, with China declaring that "the world doesn’t need America," and Russia and Iran deepening military and economic ties through land railways and airlifts. Meanwhile, ...

New BRICS banking system will render Western sanctions on Russia USELESS

December 06, 2024 -

With growing talk about the BRICS countries – Russia, China, India, Brazil and South Africa are the five original members – developing a U.S. dollar alternative, Lamont is warning that a new rival payment system represents a "major threat to the Western-led financial system," which is in the throes of serious decline.

Lamont's words came after Russian President Vladimir Putin last month announced plans to completely de-dollarize the global economy.

"While ...