New Development Bank approves up to $1 billion loan for South Africa urban infrastructure
The BRICS-backed lender will fund upgrades to water, sanitation, electricity, and waste management in eight metropolitan municipalities.
Finance
BRICS Pay Implementation Advances; Analysts Comment on Challenges to Reduce Dollar Dependence
System inspired by Brazil’s Pix seeks to expand local currency transactions, but faces technical, political, and institutional barriers
Brics Bridge is an idea whose time has come-its building blocks are already in place
The world needs a cross-border payment system that’s competitive, free of geopolitical risks and not based on a single currency. There’s a compelling case for Brics Bridge, an alternative the wider world would welcome.
No, BRICS Are Not Hoarding Gold and Gold is Not Replacing the Dollar
Analysis debunks claims that BRICS nations are stockpiling gold to create a currency that would displace the U.S. dollar
BRICS nations discuss pathways for tech firms to access public markets at SPIEF
BRICS member countries explore financial market integration and IPO mechanisms to boost technology sector growth and economic cooperation.
Ryabkov: BRICS Countries Continue Working on Launching Investment Platform
Russian Deputy Foreign Minister Sergey Ryabkov confirmed the initiative remains on the agenda during the St. Petersburg International Economic Forum.
BRICS Academic Mid-Term Conference highlights India’s ‘humanity-first’ vision ahead of summit
Conference in Dehradun brings together 200+ delegates from 36 institutions across eight countries to discuss sustainability and BRICS future under India’s 2026 presidency
Government Discusses TV 3.0 and Correios with BRICS Bank in China
Brazilian Communications Minister met with NDB President Dilma Rousseff in Shanghai to seek BRICS Bank financing for digital infrastructure and postal service modernization projects.
India’s BRICS Presidency Seen as Chance to Shape a Stable, Inclusive and Pragmatic Global Order
At a New Delhi roundtable, experts said India can use its 2026 BRICS presidency to push BRICS+ toward practical outcomes in trade, investment, institutional reform, and Global South representation.