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BRICS
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BRICS: 20 Nations Join Russian Payment System, Ditch US Dollar
Coinciding with the BRICS overall de-dollarization plans, 20 nations have adopted the Russian Payment system to ditch the…
Will BRICS Currency Be More Valuable than the US Dollar
One of the biggest potential developments for the BRICS bloc in 2024 is the development of its BRICS…
BRICS Will End U.S. Dollar Dominance, Says Wall Street
The BRICS bloc is looking to put an end to the U.S. dollar’s global reserve currency status. BRICS…
BRICS Holds $45 Trillion in Wealth After Saudi Arabia Joins
In what is certainly a key byproduct of the alliance’s expansion, BRICS now holds $45 trillion in combined…
BRICS To Build ‘Credit Rating Agency’ to Counter US Dominance
The US has an array of credit rating agencies that rate firms and countries on their financial health…
BRICS: China & UAE Make First CBDC Transaction Worth $13M
In what is certainly a landmark development for the BRICS alliance, China and the United Arab Emirates (UAE)…
BRICS: No Demand For US Dollar Bonds, Sales Get Worst Start Since 2016
The US dollar bonds are no longer attractive to BRICS countries and broader Asian markets as sales nosedived…
Saudi Arabia Has Not Joined BRICS, Offical Says
Despite initial reports last month that it formerly accepted the invitation, Saudi Arabia has yet to join BRICS…
34 Countries Look to Join BRICS Alliance After Saudi Arabia’s Entry
Saudi Arabia joined BRICS on Wednesday and is now officially a part of the emerging economies’ grouping. The…
BRICS Control 47% of Global Oil, U.S. Owns Just 2.1%
Saudi Arabia officially joined the BRICS alliance on Wednesday becoming the first large oil-producing country to enter the…