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The silence of BRICS leaders on the US-Israel attacks against Iran raises eyebrows, hinting at internal divisions and shifting alliances amid a growing geopolitical crisis.
A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade with the BRICS bloc. Egyptian exports to BRICS nations rose by 31.5%, from $688 million to $905 million, in the period from January to December 2024, following Egypt’s official admission to the alliance. During the …
The post Egypt’s trade to BRICS countries soars over 30% post-admission appeared first on Egypt Independent.
US President Donald Trump stated that “we may impose tariffs on trade with BRICS countries of at least 100 percent.” On Thursday, President Trump announced that US military spending, which reached $886 billion last year, “could be cut in half,” expressing his desire for Russia to return to the G7, which was previously known as …
The post Trump threatens 100% tariffs on BRICS nations appeared first on Egypt Independent.
Kazan, Russia, hosted the 16th BRICS Summit from October 22-24. It witnessed the participation of 32 countries, including newly inducted members joining as permanent members for the first time, including Egypt. The summit was held under the theme ‘Fostering Multilateralism for a Fair and Just Global Development and Security.’ Discussions centered around three main pillars …
The post What did BRICS+ provide for emerging economies during its first post-expansion summit? appeared first on Egypt Independent.
The recent BRICS summit in Kazan marked a pivotal moment in international geopolitics, gathering the world’s leading emerging economies-Brazil, Russia,
The BRICS+ grouping will not provide the magical solutions to economic crises and overnight changes to the global financial system that some might hope. However, it undeniably asserts itself on the international stage as a credible alternative to express the demands of the Global South (in a developmental, rather than geographic, sense) in the face …
The post BRICS+ and a global system in the making appeared first on Egypt Independent.
In a recent policy shift, the US government, under President Joe Biden, has taken steps to leverage frozen Russian assets
Prime Minister Mostafa Madbouly has stressed the importance of President Abdel Fattah al-Sisi’s participation in the BRICS summit in Kazan, Russia, for the first time after Egypt officially joined the bloc this year. During a cabinet meeting in the New Administrative Capital to review a number of important file, the prime minister said that Sisi …
The post Madbouly highlights Sisi’s participation in BRICS summit meetings appeared first on Egypt Independent.
The Kazan summit of the BRICS bloc is poised to shape global geopolitics by asserting a collective vision that challenges
John Shipton, father of Wikileaks founder Julian Assange on his arrival to attend the ‘BRICS Summit’ – one of the
