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BRICS
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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…
Iran Demands BRICS Digital Currency in 2024 to Ditch US Dollar
One of the top initiatives for the BRICS economic alliance has now been spearheaded by one of its…
Saudi Arabia Officially Joins BRICS Alliance
Following the expansion invitations offered during the 2023 annual summit, Saudi Arabia is officially set to join the…
BRICS: Russia Settles 85% Trade in Local Currency, Sidelines US Dollar
BRICS member Russia is bypassing the US dollar and strengthening its native economy by accepting the local currency,…
Saudi Arabia Declines BRICS Sherpas Meeting
Saudi Arabia will not be attending the ongoing BRICS Sherpas meeting which is scheduled from January 30 to…
BRICS: China to Lead Global Charge to Ditch US Dollar in 2024
BRICS has its foot on the gas to ditch the US dollar in 2024 and use an alternative,…