BRICS – formed in response to the global muscle of the Group of Seven (G7) countries – now represents around 45 per cent of the world’s population and 35 per cent of global gross domestic product (GDP ...
Given Ghana's longstanding reliance on Western countries for trade and financing to support growth, any pivot toward BRICS would necessitate significant reforms to its existing international ...
Trump responded to a question from the press about whether he intends to punish NATO countries (put a pin in this) that don’t acquiesce to his demand that they use at least 5% of their GDP on ...
A number of major economies within NATO have still not reached a 2014 target for member states to spend at least 2% of GDP on defense. As U.S. President Donald Trump looks to immediately fix his ...
Earlier this month, Indonesia became a full member of BRICS group and Nigeria becomes the ninth partner country. BRICS proudly claims more than a third of the global purchasing power parity GDP ...
Trump insists they all raise their contributions to 5% of GDP - a target ... about its NATO contributions. However he also wrongly suggested that Spain was a member of the BRICS group of emerging ...
Evidently confusing Spain for a member of BRICS ... not meet the 2% of GDP spending on defence, let alone the 4% demanded by Trump. It spends the least out of all 32 NATO members at just 1. ...
Spain is not in Brics, whose initials stand for Brazil, Russia, India, China and South Africa. Spain is a member of Nato, along with the US, and of the European Union. Trump erroneously said Spain was ...
Trump issued a stark warning to BRICS nations, including Brazil, Russia, India, China, and South Africa, threatening 100% import tariffs if they proceed with de-dollarisation.