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Brics Summit

New BRICS Bank a Building Block of Alternative World Order

Parag Khanna | Posted 07.18.2014 | World
Parag Khanna

The "New Development Bank" announced in Fortaleza this week marks the launch of a collective lending platform steered exclusively by the BRICS countries. With an authorized capital of $100 billion, it could lend up to $34 billion per year. It is not an understatement to say that this is a new kind of bank for a new world order. For the first time in history, infrastructure spending consistently exceeds military expenditure.

BRICS Nations To Form Bank To Rival World Bank, IMF

AP | SILVIO IZQUIERDO | Posted 07.16.2014 | World

FORTALEZA, Brazil (AP) — The leaders of five emerging market powers said at a summit Tuesday that they gave final agreement to creating their own de...

BRICS: To Dismiss or Not to Dismiss?

Julia E. Sweig | Posted 07.16.2014 | World
Julia E. Sweig

Will BRICS (read mainly Chinese) financing for developing world infrastructure require environmental conditions on potential projects?

Should We Say BRICS or BRICA?

Richard Attias | Posted 05.28.2013 | Business
Richard Attias

Africa's rise is no longer just beginning - this is definitely an emerging region, despite the political conflicts occurring in Mali, the Central African Republic and elsewhere. Africa needs to manage its transformation through homegrown solutions.

The Challenge for BRICS and Africa

Richard Attias | Posted 05.28.2013 | Business
Richard Attias

I am writing this from the BRICS summit in Durban, where it is clear that the huge momentum of these emerging markets -- especially when it comes to their relationship with Africa -- is not slowing down.

What Are the BRICS Building in Africa?

Ian Scoones | Posted 05.27.2013 | World
Ian Scoones

To understand the new encounters in development cooperation brought by the BRICS and others, we have to get to grips with the details, and the cultural, social and political relations at play, as well as the wider political economy that structures such engagements.

Here I Am: Calling for leadership from the BRICS countries

Lucy Chesire | Posted 05.26.2013 | Impact
Lucy Chesire

This week, Durban South Africa has played host to the 5th BRICS Summit which brings together the world's leading emerging economies, Brazil, Russian, ...

A History of the World, BRIC by BRIC

Pepe Escobar | Posted 06.26.2012 | World
Pepe Escobar

So this twenty-first century world of ours is shaping up right now largely as a confrontation between the U.S./NATO and the BRICS, warts and all on every side.

Growing Cracks in the BRICS

Daniel Wagner | Posted 06.06.2012 | World
Daniel Wagner

As the BRICS push for greater collective influence in the global arena, likewise the West should continue to push for greater democracy within the BRICS countries that are not yet democratic.