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BRICS
2021 posts
BRICS: Russia, China & India Ditch US Dollar in 95% of Trade
In what is certainly a sign of growing BRICS de-dollarization efforts, Russia, China, and India have ditched the…
BRICS Enters Bitcoin Mining: China & Ethiopia Sign BTC Miners Deal
The new BRICS member Ethiopia is signing Bitcoin mining deals with its alliance partner China. The Ethiopian State…
BRICS: Scotiabank Says US Dollar to Fall in 2024
Throughout the last year, the rising prominence of the BRICS alliance has coincided with the continued decline of…
BRICS: JP Morgan CEO Predicts Major US Financial Crisis
Amid its economy’s public debt surpassing the $34 trillion mark, JP Morgan CEO Jamie Dimon has predicted a…
BRICS: US Dollar Ranks 10 Out of 180 Global Currencies
The US dollar is a heavy contender in the forex market and dominates the sector in every aspect.…
BRICS: US Dollar Settlement Declines 67% in Russia
BRICS member Russia used the US dollar to settle over 80% of its trade payments up until 2022.…
BRICS: China & Russia Trade Without US Dollar Passes $240B
In what is certainly important news for the BRICS alliance, Russia and China’s bilateral trade has exceeded the…
BRICS: 159 Countries Eyeing Russia’s New Payment System
BRICS member Russia confirmed that the country is building an alternative to the SWIFT payment system without integrating…
BRICS: US Allies Are Downsizing The Dollar in Central Banks
BRICS and a handful of developing countries are reducing the US dollar intake in their respective Central Banks’…
BRICS: US Killing the Dollar With Its Own Hands, Says Putin
The US dollar is the cornerstone of American supremacy but the White House is killing the currency with…