Just in July alone, the International Monetary Fund (IMF) is reported to be looking into the disbursements of loans to Egypt ...

Tensions in the Horn of Africa have risen sharply this month, with top leaders in Ethiopia, Eritrea, and the Tigray region ...

Doubling down on his 10% tariff threat against all BRICS countries, US President Donald Trump in press briefing yesterday claimed that he ‘hit’ the intra-governmental organisation ‘very hard’, adding ...

As the leaders of BRICS member states gathered in Brazil for the bloc’s 17th annual summit this week, Washington threatened ...

WB Ethiopia office points to incongruences in parallel and official forex rates Difficulties in determining average foreign exchange rates have led the World Bank to temporarily omit Ethiopia from ...

Despite concerted efforts by major emerging economies, genuine de-dollarisation remains not merely difficult but fundamentally impossible in the foreseeable future.

In a move that is likely to intensify an already fragile global trade environment, US President Donald Trump has issued a stark warning to members and affiliates of the BRICS economic bloc, ...

Trump has suggested adding a 10% tariff on imports from countries that support what he sees as “anti-American” BRICS policies. He believes this support harms U.S. interests and gives global rivals an ...

Leaders of the BRICS group of developing nations on Sunday condemned attacks on Gaza and Iran, called for reforms of global institutions and presented the bloc as a haven for multilateral diplomacy ...

The expanded Brics, now including Egypt, Ethiopia, Indonesia, Iran ... Mr Lula noted in remarks on July 5 to business leaders warning of rising protectionism. The original Brics group gathered leaders ...