BRICS leaders in Mumbai oppose tariffs, seek local currency payments
Business
BRICS finance leaders just met in Mumbai and took a stand against countries raising tariffs and setting up trade barriers, saying it messes with fair trade and breaks World Trade Organization rules.
They also want smoother ways to pay across borders using local currencies, making global business easier while still respecting each country's needs.
BRICS urges IMF World Bank reforms
The group called for big changes at the International Monetary Fund and the World Bank so emerging economies get a fairer say.
They are pushing for updated voting shares that do not leave poorer nations behind and have made it clear that money should not buy more influence.
All these moves are part of BRICS' ongoing effort to make the global economy work better for everyone.