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BRICS
2050 posts
BRICS Looking To Settle Trade in Local Currencies
The idea of BRICS launching a new currency to take on the U.S. dollar turned futile this year.…
BRICS Dumps Another $17 Billion in U.S. Treasuries in a Month
BRICS dumped a total of $17.4 billion in U.S. treasuries in September 2023. Latest Data from the U.S.…
BRICS: US Dollar in ‘High Demand’ Amid Israel & Palestine Conflict
The Middle East has destabilized amid the ongoing conflict between Israel and Palestine. The Asian stock markets crashed…
BRICS: Leading Oil Company Ditches US Dollar, Accepts Local Currency
BRICS is looking to topple the U.S. dollar global reserve status by controlling a major portion of the…
BRICS Could Seriously Challenge US Dollar if Sanctions Are Lifted
The U.S. pressed economic sanctions against BRICS member Russia in February 2022 for invading and waging war against…
BRICS: What Iraq’s Cash Ban Means for the Global Status of USD
Although not a part of the BRICS alliance, Iraq has recently instituted a ban on cash withdrawals and…
BRICS: India Could Reject the Forces That Look To Topple US Dollar
The BRICS alliance needs India, but India does not need the BRICS bloc. India is one of the…
Argentina To Be the First Country to Decline BRICS Membership?
In a historic move, the BRICS alliance invited six new countries to join the bloc during the 15th…
BRICS Global Oil Supply Rises From 30% To 41% In 2023
The global oil supply of the BRICS alliance has been experiencing a sharp rise in 2023. The BRICS…
BRICS: Putin Calls on Alliance to Reform Global Finance
Amid the ongoing expansion of the BRICS bloc, Russian President Vladimir Putin has called on the alliance to…