Brics

Algeria Joins the BRICS New Development Bank

Algeria has been approved for membership in the BRICS New Development Bank (NDB), the country’s finance ministry has announced. The decision was taken on Saturday and announced by NDB chief Dilma Roussef at a meeting in Cape Town, South Africa. By joining "this important development institution, the financial arm of the BRICS group, Algeria is ...

Turkey Submits Request to Join BRICS Nations

Turkey has submitted a request to join the BRICS group of major emerging market nations, the spokesman of the ruling party of President Recep Tayyip Erdogan said on Tuesday. "Our president has many times stated that we want to become a BRICS member... The process is now underway," said Omer Celik, spokesman for the ruling Justice and Development ...