News Snapshot:
BAKU, Azerbaijan (AP) — Azerbaijan formally applied Tuesday to join the BRICS bloc of developing economies, a day after Russian leader Vladimir Putin's visit to the oil-rich South Caucasus country to shore up regional ties and secure Moscow’s under-pressure trade routes. The announcement from the foreign ministry in Azerbaijan's capital, Baku, comes as the BRICS alliance has seen a major expansion. For over a decade, the bloc included just five nations: Brazil, Russia, India, China and South Africa. Iran, Egypt, Ethiopia and the United Arab Emirates joined in January, and Saudi Arabia has said it's considering doing so as well....