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Tag Archives: BRICS

The multipolar world demands a new African strategy  

COMMENT | James Shikwati | African nations have since independence operated within a global system they did not participate in designing, one that often undermines their agency and development. The African nation-states continue to battle internal governance issues, corruption, and conflicts. The post Second World War liberal international order built on …

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The quandary of de-dollarization

COMMENT | Charles Okello Ayai | This article is, in part, a response to Andrew Mwenda’s article titled “Time for Africa to wake up” in his column, The Last Word on February 14, 2025. In it, he makes what has become a popular exhortation by most who consider themselves Pan-African, namely, …

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Why China-proposed Global Governance Initiative comes at the right time

BEIJING, CHINA | Xinhua | China’s newly proposed Global Governance Initiative (GGI) has captured growing attention in recent weeks, with observers hailing it as Beijing’s latest and timely response to pressing global challenges and a call for building a fairer and more inclusive international system. First unveiled at the Shanghai …

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World benefits from closer BRICS solidarity, cooperation

BEIJING | Xinhua |  The virtual BRICS Summit held on Monday has never been more relevant as it came at a time of growing global uncertainties and an intensifying deficit in global governance. During the summit, Chinese President Xi Jinping called on BRICS countries, which stand at the forefront of the …

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Why is Donald Trump so afraid of BRICS?

ANALYSIS : The US president vowed higher tariffs on BRICS nations that align with the bloc’s plans to challenge US hegemony. Despite the China-backed initiative making limited progress, dozens of nations are still eager to join reports Nik Martin. U.S. President Donald Trump is doubling down against the BRICS bloc …

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BRICS outstrips G7 economically — Putin

RIO DE JANEIRO | TASS | BRICS outstrips many other associations, including the Group of Seven, in economic terms, Russian President Vladimir Putin said. “The BRICS nations not only account for a third of the plant’s ground territory and nearly half of its population, they also account for 40% of …

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Colombia, Uzbekistan join BRICS Bank

RIO DE JANEIRO | Xinhua | Colombia and Uzbekistan have joined the New Development Bank (NDB), expanding the membership of the multilateral lender commonly known as the BRICS Bank, the institution’s president, Dilma Rousseff, announced here Saturday. The announcement came at a press conference held after the 10th meeting of the …

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