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MercoPress, en Español

Montevideo, November 21st 2024 - 15:21 UTC

Tag: BRICS

  • Saturday, August 19th 2023 - 09:52 UTC

    Russia and Bolivia deepen nuclear alliance

    Bolivia is interested in joining BRICS, a bloc featuring both Russia and China in addition to Brazil, India, and South Africa

    Following talks in Moscow involving local, Venezuelan, and Bolivian military chiefs this week, the first Russian nuclear reactor vessel has arrived in La Paz, it was reported. The Aug. 16 gathering took place after Bolivia signed a “preventive and corrective maintenance” agreement with Iran for the use of drones in border control activities.

  • Thursday, August 3rd 2023 - 10:35 UTC

    Lula supports several countries joining BRICS, “if they comply with our rules”

    “Possibly, in this meeting, we can already consensually decide which new countries can join BRICS,” Lula told international journalists in the capital, Brasilia

    Brazilian President Lula da Silva said on Wednesday that he supports more countries joining the BRICS group of large developing nations, (Brazil, Russia, India, China, and South Africa) when the group holds its summit in Johannesburg from Aug. 22 to 24.

  • Thursday, August 3rd 2023 - 10:00 UTC

    Saudi Arabia in talks to join the BRICS bank, probably in this month's summit in South Africa

    “In the Middle East, we attach great importance to the Kingdom of Saudi Arabia and are currently engaged in a qualified dialogue with them,” the NDB

    The New Development Bank (NDB), also known as the “BRICS bank,” is in talks with Saudi Arabia on admitting Riyahd as its ninth member, which would strengthen the NDB's funding options amid the impact of the Russia-Ukraine conflict, according to media reports.

  • Wednesday, July 19th 2023 - 10:30 UTC

    South Africa will not arrest Putin when he joins BRICS summit in Johannesburg

    President Cyril Ramaphosa made the warning weeks ahead of the international meeting of BRICS, in Johannesburg, to which the Russian president is invited.

    Any attempt to arrest Vladimir Putin when he visits South Africa would be a declaration of war against Russia, the country's president has said. Cyril Ramaphosa made the warning with weeks to go before the international meeting of BRICS, happens in Johannesburg, to which the Russian president is invited.

  • Tuesday, June 20th 2023 - 10:00 UTC

    Bangladesh files formal request to join BRICS

    The note was filed after a meeting between Hasina and Ramaphosa in Geneva

    According to the Dhaka Tribune, the government of Bangladesh last week filed a note applying for membership to the BRICS bloc made up of Brazil, Russia, India, China, and South Africa. The application from Bangladesh, currently recognized as a “Friend of BRICS,” is expected to be discussed at the group's summit in South Africa in August.

  • Monday, June 12th 2023 - 10:23 UTC

    Honduras wants to join BRICS bank

    President Xiomara Castro formally made the request during a meeting with Dilma Rousseff

    During her six-day visit to China, Honduran President Xiomara Castro formally asked BRICS' New Development Bank (NBD) Chairwoman Dilma Rousseff for the Central American country to join the entity, it was reported in Shanghai. A technical delegation of the Honduran government will travel in the coming days to initiate the process.

  • Friday, June 2nd 2023 - 11:01 UTC

    Argentina to join BRICS bank?

    Rousseff found the fastest way for Argentina to get help from the BRICS NDB Bank

    Argentine Economy Minister Sergio Massa was told in Shanghai by New Development Bank President Dilma Rousseff that the road was clear for Argentina to join the entity and thus be able to obtain some financial backing in the near future, it was reported. The formal announcement will be made next August alongside those concerning Saudi Arabia, Egypt, and Zimbabwe.

  • Friday, May 19th 2023 - 09:30 UTC

    A BRICS revival is capable of challenging Western led international institutions?

    BRICS saw their economic alignment as an opportunity to expand their global influence by creating an alternative to West-led international institutions

    By Ana Palacios, WASHINGTON, DC – There was a time when everyone was talking about a group of fast-growing emerging economies with huge potential. But the BRICS – Brazil, Russia, India, China, and South Africa – struggled to transform themselves from a promising asset class into a unified real-world diplomatic and financial player. Is this finally changing?

  • Friday, April 14th 2023 - 10:00 UTC

    Lula visits BRICS development bank and Huawei's tech center

    For the first time, a development bank with global reach was established without the participation of developed countries in its initial phase

    Brazilian President Lula da Silva on Thursday in Shanghai visited the headquarters of the BRICS New Development Bank (NDB) and Huawei's technology development center. At the NDB, Lula met with NDB President Dilma Rousseff, and delivered a speech to the staff. It was the first time that a head of state had paid a visit to the bank.

  • Thursday, April 13th 2023 - 10:54 UTC

    Lula highlights BRICS Bank's social role

    The IMF is “asphyxiating” Argentina, Lula also said

    Brazilian President Luiz Inácio Lula da Silva Thursday highlighted the social mission of the New Development Bank (NDB), also known as BRICS Bank, during Dilma Rousseff's inauguration as president of the financial institution in Shanghai, China.