In this week’s round-up: Kremlin brushes off Trump threats; Trump gives Saudi Arabia cause to pause joining BRICS; The BRICS 2025 strategy will transform African MSMEs; Non-competitive goods undermine Nigeria’s BRICS ambitions; Lula da Silva aims to host “best ever” BRICS Summit and COP30 in Brazil.
MAGA and BRICS
The rise of China and BRICS has been checkmating for the USA’s power dreams. China will take Taiwan shortly and the USA may miscalculate and make a military move in the Pacific. It will be a terrible mistake, writes Dickson C. Igwe in Virgin Islands News Online.
Kremlin brushes off repeat threat by Trump to impose tariffs on BRICS countries
The Kremlin brushed off a repeat threat by U.S. President Donald Trump to impose tariffs on the BRICS grouping of countries if it created its own currency, saying there was no such plan.
Trump’s tariff warnings against de-dollarisation and a BRICS currency: Rhetoric vs reality
Trump’s recent warning to countries going in for de-dollarisation is linked to his “America First strategy”. Action against countries trading in local currencies will not be easy and individuals within his team may advise him against the same.
Why Trump’s tariff threat is a litmus test for BRICS
While Trump is gearing up for yet another trade war, can Washington afford an economic showdown with a bloc representing nearly half of the world’s population?
Trump or BRICS? The quandary for Africa’s miners and governments
Beyond the short-term volatility and uncertainty created by U.S. President Donald Trump’s tariff machinations, it’s likely that the longer-term trend of the world splitting into two trading blocs is accelerating.
India hosts BRICS youth entrepreneurs event
India will host from March 3 to 7 the meeting of the working group of the BRICS Youth Council, with the theme Youth Entrepreneurship for Sustainable Growth.
Non-competitive goods undermine Nigeria’s BRICS ambitions – Technoglass CEO
The Chief Executive Officer of Technoglass Industries Ltd and national council member of the Manufacturers Association of Nigeria, John Aluya, speaks to ARINZE NWAFOR on Nigeria’s export prospects following the BRICS partnership and the global competitiveness of local products
Indonesia eager to join BRICS online platform initiative
Indonesia is eager to participate in the BRICS online platform initiative, Indonesian Culture Minister Fadli Zon told Sputnik in an interview marking the 75th anniversary of the establishment of diplomatic ties between Russia and Indonesia.
Pimentel: Rejoin the ICC, apply for BRICS membership
“It is time for the Philippines to be worried about what is happening in the world.”
These were the words used by Senate Minority Leader Koko Pimentel III when he pitched ways to improve the country’s foreign policy, which includes joining the helm of the International Criminal Court and intergovernmental organisation BRICS.
Lula da Silva aims to host “best ever” BRICS Summit and COP30 in Brazil
Brazilian President Luiz Inácio Lula da Silva has expressed his intention to host both the 2025 BRICS summit and the 30th Conference of the Parties to the United Nations Convention on Climate Change (COP30).
Trump gives Saudi Arabia cause to pause joining BRICS
Saudi Minister of Economy and Planning Faisal Al-Ibrahim told the World Economic Forum during last month’s Davos Summit, “We’ve been invited to the BRICS, similar to how we’ve been invited to many other multilateral platforms in the past historically. We assess many different aspects of it before a decision is made and right now, we are in the middle of that.”
Nigeria’s BRICS partnership: Economist outlines potential benefits
The introduction of BRICS partnership is an expansion mechanism designed to bring in more participants without giving them full membership. It is akin to “observer” status, writes Stephen Onyeiwu, Professor of Economics & Business at Allegheny College, in The Conversation.
China-led BRICS growth signals shifting world order
BRICS has emerged as a significant international force since 2009 when it was established at a summit in Russia. What began as a five-member group encompassing Brazil, Russia, India, China and South Africa, is now expanding with the integration of five new members and eight new partner countries. Even more countries may be joining in the next few years.
Trump or BRICS? The quandary for Africa’s miners and governments
Beyond the short-term volatility and uncertainty created by U.S. President Donald Trump’s tariff machinations, it’s likely that the longer-term trend of the world splitting into two trading blocs is accelerating.
How the BRICS 2025 strategy will transform African MSMEs
Technology transfers are an equally important opportunity for MSMEs in Africa within the framework of BRICS. The “Internet Plus” strategy in China has changed digitisation amongst small businesses and in India, the Digital India initiative has produced a thriving ecosystem for tech-enabled enterprises.
Geopolitical implications of Azerbaijan’s BRICS+ membership
Under its chairmanship, Brazil has prioritised the admission of more new members, by consensus, to broaden BRICS+ numerical strength and aggregate capacity as a non-Western influential association.
