Besides, in recent weeks, India has been party to the setting up of a brics Bank, with Brazil, Russia, China, and South Africa. |
Amorim captures the spirit of the time when he argues that the BRICS have contributed to keeping the global economy on track. |
Russia accepted presidency of the BRICS group, taking over from Brazil earlier this month. |
The BRICS Bank looks, for all its founding rhetoric, like a platform for Chinese hegemony instead. |
The brics may have been the foundation for much of the global growth over the past few years. |
The West sometimes risks, by its actions, pushing the brics closer together, but there are underlying divides there. |