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BRICS
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BRICS: Chinese Yuan Beats US Dollar as Top Traded Currency in Russia
The Chinese Yuan is officially the top most traded currency in Russia surpassing the US dollar by 2.5%.…
BRICS: Why Has Saudi Arabia Not Yet Joined the Alliance?
In one of the most surprising developments for the BRICS bloc, Saudi Arabia has yet to join the…
Saudi Arabia To Decline BRICS Membership?
Conflicting reports about Saudi Arabia joining the BRICS alliance on January 1, 2024, are making the rounds lately.…
BRICS: India & Iran Announce Increased Cooperation to Start 2024
In a significant moment for the newly expanded BRICS alliance, both India and Iran have announced increased cooperation…
BRICS Bank: Will it Use the US Dollar in 2024 To Pay Debts?
The China Development Bank launched the New Development Bank (NDB) with BRICS to challenge the U.S. dollar. In…
BRICS: U.S. Dollar Ranks Last in the Top 10 Currency List
BRICS and a handful of developing countries are looking to dethrone the U.S. dollar from the global reserve…
BRICS Bank to Fund Projects in Local Currency, Ditching US Dollar
In a rather important development for the alliance, the BRICS New Development Bank is seeking to fund projects…
BRICS Passes G7 in GDP (PPP) to Become More Powerful in 2023
In what is certainly a sign of a shifting of power internationally, the BRICS economic alliance has passed…
Ethiopia Gets a Difficult Start in BRICS
The BRICS alliance invited six new countries to join the bloc during the 15th summit in August 2023…
BRICS: Russia Reaffirms Focus on Saudi Arabia’s Inclusion
Following statements released yesterday regarding the expanded BRICS, Russia has reaffirmed its focus on Saudi Arabia’s inclusion, according…