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Russia halts gas supplies to Ukraine after talks fail

Russia halts gas supplies to Ukraine after talks fail

The European Union says that one-fifth to one-fourth of its gas supplies come from Russia via the Ukraine.

$100bn BRICS monetary fund to be operational in 30 days

$100bn BRICS monetary fund to be operational in 30 days

Even as BRICS gear up to operationalise new Fund, the IMF has once again delayed voting reforms to give emerging countries greater say.

Chinese Cabinet ratifies BRICS Bank

Chinese Cabinet ratifies BRICS Bank

The new lender will be ready for action by year's end.

Analysis: Rousseff’s ‘yes, we can’ moment with Obama

Analysis: Rousseff’s ‘yes, we can’ moment with Obama

This is not merely a visit to mend fences with Obama - it's about marketing Brazil as a lucrative market.