BRICS - updates

Rappler's latest stories on BRICS

ARTICLE FINDER

BRICS leaders 'strongly deplore' North Korea nuclear blast

Sep 04, 2017 - 8:27 AM

UPDATED BRICS is already struggling to live down doubts about its own cohesion that have spiked since nuclear armed China and India engaged in a protracted standoff over a disputed Himalayan region

Delegates arrive prior to the opening ceremony of the BRICS Business Forum in Xiamen, Fujian province on September 3, 2017. Fred Dufour/Pool/AFP

Xi warns of globalization backlash at BRICS summit

Oct 17, 2016 - 12:20 AM

Chinese President Xi Jinping says deep seated imbalances that triggered the [2008] financial crisis are far from being resolved

In this photograph released by the Indian Press Information Bureau on October 16, 2016, Indian Prime Minister Narendra Modi (R) shakes hands with Chinese President Xi Jinping at the BRICS Summit in Goa. RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / PIB" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - NO ARCHIVE / AFP PHOTO / PIB / HO / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / PIB" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS - NO ARCHIVE

Modi hosts BRICS leaders amid bloc's economic woes

Oct 16, 2016 - 4:00 PM

Commentators have raised doubts about the bloc s clout given its economic problems

BRICS LEADERS. (L-R) Brazilian President Michel Temer, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Chinese President Xi Jinping and South African President Jacob Zuma pose for a group photo during the BRICS Summit in Goa on October 16, 2016. Money Sharma/AFP

Modi, Putin sign defense deals ahead of BRICS

Oct 15, 2016 - 3:23 PM

UPDATED The leaders have also focused on energy deals to meet India s growing thirst for fuel and electricity for its fast growing economy

PUTIN IN INDIA. Indian Prime Minister Narendra Modi (R) shakes hands with Russian President Vladimir Putin ahead of the Indo-Russia Annual Summit at Taj Exotica Hotel in Goa on October 15, 2016. Prakash Singh/AFP

World powers 'misuse' World Bank, IMF – BRICS bank exec

Oct 06, 2016 - 4:40 PM

The BRICS would not have gone so far as to create their own development bank if they were fully satisfied with the existing institutions says Paulo Nogueira Batista vice president and chief risk officer at the New Development Bank

This IMF handout photo shows International Monetary Fund Managing Director Christine Lagarde (C) joins John Chambers (R), Chairman of the Board, Cisco Systems; Leila Janah (2nd R) Founder and CEO of Sama and Laxmi; Ray Kurzweil (2nd L), author, inventor and futurist and Hilda Moraa (L), Founder, Weza Tele and Fintech as they talk at a Seminar on Technology, Innovation, and Inclusive Growth at the 2016 IMF/World Bank Annual Meetings October 5, 2016 at the IMF Atrium Headquarters in Washington, DC. / AFP PHOTO / IMF / STEPHEN JAFFE / RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT "AFP PHOTO / IMF/STEPHEN JAFFE" - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS

New $100B BRICS bank opens in China to challenge US-led lenders

Jul 21, 2015 - 10:49 AM

UPDATED The BRICS New Development Bank has been seen as a challenge to the Washington based International Monetary Fund and World Bank

Oxford Business Group: PH has exciting growth story

May 07, 2015 - 6:52 PM

OBG says investors are increasingly attracted to the Philippines and ASEAN and push regional finance structures to further growth

China leads alternative int'l poli-econ: An avenue PH must explore

Apr 24, 2015 - 6:23 PM

China is part of a global movement that ushers in a new international political economy What s in it for the Philippines?

Sanctions-hit Putin visits India to boost energy, trade ties

Dec 11, 2014 - 2:19 PM

UPDATED Putin will be looking to advance nuclear power oil and natural gas and even diamond deals with longstanding ally India on his first visit since Prime Minister Narendra Modi swept to power in May

Russian President Vladimir Putin in St. Petersburg on December 8, 2014. Alexey Druzhinin/Pool/RIA Novosti/AFP

Corruption worsening in Turkey, China – Transparency

Dec 04, 2014 - 9:50 AM

This year Transparency International also highlights the role multinational banks and the world s financial centers play in allowing the dodgy elites of some developing countries to stash away or launder ill gotten millions

Corruption Perceptions Index map. Map courtesy Transparency International

China, Japan and Russia zero in on Latin America

Jul 29, 2014 - 10:30 AM

The United States remains Latin America s top trade partner but gone are the days when Washington could take the region for granted as its backyard

Xi photo via Wikipedia; Putin photo by Mikhail Metzel/AFP/RIA-Novosti/Pool; Abe photo by Benhur Arcayan/Malacañang Photo Bureau

Chinese president wields economic might on LatAm tour

Jul 24, 2014 - 10:14 AM

Analysts say Xi Jinping s trip was more about business than ideology

CHARM OFFENSIVE. Chinese President Xi Jinping speaks after being decorated with the Order of Jose Marti at Revolution Palace in Havana, Cuba, 22 July 2014. Liu Bin/Pool/EPA

Xi seeks energy deals in Venezuela

Jul 21, 2014 - 7:31 AM

The Chinese leader s charm offensive which has already taken him to Brazil and Argentina and will next bring him to Cuba seeks to secure new bilateral trade deals particularly for coveted raw materials

XI IN CARACAS. President of China, Xi Jinping (R), reviews the guard of honor after being welcomed by his Venezuelan counterpart, Nicolás Maduro (L), upon his arrival to the airport of Maiquetia, located in the city of La Guaira, Venezuela, 20 July 2014. Miguel Gutierrez/EPA

China's Xi hails 'new horizons' in ties with Argentina

Jul 20, 2014 - 4:41 PM

Xi is on a Latin American charm offensive to secure bilateral trade deals – particularly coveted raw materials – from governments throughout the region

A TOAST TO BILATERAL TIES. Argentina President Cristina Fernandez de Kirchner (L) and Chinese President Xi Jinping (R) toast during a dinner at the Casa Rosada presidential residence in Buenos Aires, Argentina, 18 July 2014. Image courtesy Argentinian President's office

BRICS shake up global economic architecture

Jul 20, 2014 - 1:33 PM

The mere creation of the two BRICS institutions sends a strong signal to Western powers where some doubt the ability of the five powerhouses to surmount their individual needs and ambitions

TOP OF THE BRICS. Russian President Vladimir Putin (L), Indian Prime Minister Narendra Modi (2-L), Brazil's President Dilma Rousseff (C), Chinese President Xi Jinping (2-R) and South African President Jacob Zuma (R) pose for a picture during the 6th BRICS summit in the city of Fortaleza, Brazil, 15 July 2014. Mikhail Klimentyev/RIA Novosti/Kremilin Pool/EPA

BRICS meet South American leaders after bank deal

Jul 17, 2014 - 7:45 AM

BRICS leaders justifies the creation of a development bank seen as an alternative to Western dominated global financial organizations

FORTALEZA SUMMIT. Leaders of the BRICS and UNASUR blocs during the BRICS summit in Fortaleza, Brazil, 16 July 2014. Image courtesy Casa Rosada/Argentina president's office

BRICS create development bank, 'mini-IMF'

Jul 16, 2014 - 10:04 AM

The leaders of Brazil Russia India China and South Africa agreed to launch the institutions to finance infrastructure projects and head off future economic crises

TOP OF THE BRICS. Russian President Vladimir Putin (L), Indian Prime Minister Narendra Modi (2-L), Brazil's President Dilma Rousseff (C), Chinese President Xi Jinping (2-R) and South African President Jacob Zuma (R) pose for a picture during the 6th BRICS summit in the city of Fortaleza, Brazil, 15 July 2014. Mikhail Klimentyev/RIA Novosti/Kremilin Pool/EPA

Isolated Russia has friends at multipolar-pushing BRICS

Jul 15, 2014 - 9:50 AM

The summit comes as relations between Russia and the West have hit a post Cold War low over Moscow s takeover of Crimea

FRIENDS FROM OTHER PLACES. Brazil's President Dilma Rousseff (L) gestures next to India's Prime Minister Manmohan Singh (2-L), Russia's President Vladimir Putin (C), China's President Xi Jinping (2-R) and South African President Jacob Zuma (R) as they pose for a picture after a BRICS leaders' meeting at the G20 Summit in Strelna near St. Petersburg, Russia , 05 September 2013. Sergei Karpukhin/Pool/EPA

China's Xi departs for South America tour

Jul 13, 2014 - 10:47 AM

The visit comes as China s trade with the region has surged along with the Asian giant s economic boom

TO SOUTH AMERICA. In this file photo, Chinese President Xi Jinping speaks during a Korea-China Investment Forum at Shilla Hotel in Seoul, South Korea, 04 July 2014. Chung Sung-Jun/Pool/EPA

Stalling global corporate spending to remain weak: S&P

Jul 01, 2014 - 1:15 PM

Worldwide corporate investments are expected to dip this year stalling at around 3 3 trillion for 3 years in a row the agency says

STALLED. The fall in investment has been particularly hard in emerging countries, including China, where corporate spending is predicted to fall 4% this year after a similar slump in 2013. File photo by AFP PHOTO / WANG ZHAO

PH among 10 'new emerging countries'

Mar 26, 2014 - 12:56 PM

These countries are accelerating their development taking over as emerging economies from the powerful BRICS nations

Hit like ton of BRICS: 2013 tough year for emerging markets

Dec 25, 2013 - 8:00 PM

The BRICS – Brazil Russia India China and South Africa – and other emerging markets had for years been the stars of the world economy – but that ground to a halt in 2013

TOP OF THE BRICS. The leaders of the BRICS economies pose for a photo at the G20 summit in Saint Petersburg, Russia, 5 September 2013. From L-R: Pres. Dilma Rousseff (Brazil), PM Manmohan Singh (India), Pres. Vladimir Putin (Russia), Pres. Xi Jinping (China), and Pres. Jacob Zuma (South Africa). AFP/Sergei Karpukhin

South Africa's protocol chaos angers India

Mar 31, 2013 - 7:20 PM

India is unhappy at South Africa s protocol during the last BRICS Summit in Durban

BRICS SUMMIT. Indian Prime minister Manmohan Singh, Chinese President Xi Jinping, South African President Jacob Zuma, Brazilian President Dilma Rousseff and Russian President Vladimir Putin pose for a family photo in Durban on March 27, 2013. AFP PHOTO / ALEXANDER JOE

TIMPs are hot, BRICs are not - report

Mar 29, 2013 - 9:02 PM

The emerging markets of Turkey Indonesia Mexico and Philippines or TIMP are considered a sexy alternative to the BRICs nations the large emerging markets of Brazil Russia India and China

BRICS scale back plans for development bank

Mar 27, 2013 - 7:06 AM

The BRICS grouping of emerging powers reached a scaled back deal to establish a development bank that had been seen as a rival Western backed institutions