BRICS is promoting local-currency settlement as a hedge and seeking urgent quota changes and a bigger voice within the global financial system.

1 report, 1 independent Updated Sep 16

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

BRICS

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Part of

Amid geopolitical tensions, the BRICS bloc has called for fundamental reforms to the global economic system. All 1 developments

Within Geopolitical tensions and global protectionism are reshaping the world economy.

The entities involved

BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
- BRICS grouping confirmed its membership, including China, India, Brazil, Russia, and South Africa, amid Trump's tariff threats.Sat 06:56
- Mozambique is strengthening its engagement with the BRICS grouping and expanding bilateral ties with key members like Russia, China, India, and Brazil.Fri 19:19

Related events

BRICS calls for major reforms of Western financial institutions, with India acting as a brake on de-dollarization efforts.Sep 15

Coverage

Newest first; wire copies grouped

Sep 16thestar.com.my