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BRICS
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BRICS Currency Agreement Nearing as Consensus Is Close
With all eyes on the arrival of a BRICS currency, an agreement is nearing as consensus on the…
BRICS Poised to Take Advantage of a Weakened US Dollar
Following its six-country expansion effort at its 2023 Annual Summit, the BRICS alliance is poised to exploit a…
BRICS Can Dethrone US Dollar Without Launching New Currency
The BRICS alliance is looking to dethrone the US dollar by launching a new currency in the international…
BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil…
BRICS: China Exploring Cross-Border Use of Digital Yuan
Amid the release of BRICS Pay, China has reportedly been exploring cross-border use cases for its digital yuan.…
BRICS: African Countries to Ditch U.S. Dollar & Embrace New Currency?
BRICS is inspiring several developing countries in Africa to ditch the U.S. dollar and trade in their respective…
BRICS: Realistic Options to Dethrone US Dollar as Global Reserve
For much of the year, the BRICS bloc has sought to de-dollarize global economics. Indeed, discussions have abounded…
BRICS: Argentina Ditches US Dollar For IMF Payment, Pays Chinese Yuan
The new BRICS member Argentina paid the Chinese Yuan to settle an IMF payment and not the US…
BRICS Global Trade Rises 56%, Reach $422 Billion
Trade between the five BRICS countries surged 56% in the last five years totaling approximately $422 billion, data…
BRICS: Argentina Presidential Candidate Doesn’t Rule Out Alliance
Argentina was one of multiple nations that got invitations to join the BRICS bloc at the BRICS summit…
