BRICS Gets More Powerful Despite Trump’s Bloc ‘Dead’ Declaration

BRICS gets more powerful despite Trump’s bloc ‘Dead’ declaration

Algeria has officially joined the BRICS-backed New Development Bank (NDB), marking a major expansion of the bank’s influence into North Africa and further accelerating the BRICS bloc’s push to provide an alternative to Western-dominated financial institutions. The accession was finalized on May 22, 2025, with NDB President Dilma Rousseff congratulating Algeria and highlighting its vital role in both the Northern African and global economies. Wat…

Algeria joins BRICS New Development Bank

The bank was established to finance infrastructure and sustainable development projects in BRICS and other developing countries

BRICS bank NDB admits Algeria as new member

Algeria joins NDB, a BRICS-established bank, to finance global development projects, enhancing growth and resilience in member countries.

The New Development Bank (NDB), a financial institution founded by BRICS, has officially gained a new member, as it seeks to strengthen its global influence. Algeria is...

BRICS bank gets new member – altnews.org

NDB president Dilma Rousseff has said Algeria will strengthen the institution’s global influence and regional development role FILE PHOTO. ©  Feature China/Future

The 15th BRICS Trade Ministers Meeting was held on May 21, 2025 under the chairmanship of Brazil. The theme was “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance”. India used the platform to oppose export controls among BRICS members, thereby promoting mutual cooperation within the bloc. India is preparing to assume the chairmanship of BRICS in 2026. It appreciated the solution-oriented approach of Brazil’s ch…