Browsing Category
BRICS
2345 posts
BRICS: China Completes First International Oil Deal in Digital Yuan
Amid the ongoing de-dollarization approach by the BRICS bloc, China has seemingly completed its first international oil transaction…
BRICS: Venezuela Looks To Abandon the Dollar, Then US Eases Sanctions
The US pressed sanctions on Venezuela in 2018 and banned its state-run oil company PDVSA from exporting to…
BRICS: Chinese Yuan Surpasses USD as Most Traded in Russia
As the BRICS bloc has continued its de-dollarization, the Chinese yuan has officially surpassed the US dollar (USD)…
39 Countries Ready To Join BRICS in 2024
A total of 45 countries had expressed their interest to join BRICS before the 15th summit in Johannesburg…
Russian Economist Says BRICS Trade Currency is ‘Inevitable’
In a recent interview, Russian economist and politician Servei Glazyev said that a BRICS global trade currency is…
BRICS: Chinese Investors Dump a Record $5.1 Billion in US Stocks
BRICS member China is pulling every trick up its sleeve to stall the growth of the US dollar…
BRICS: Russia & China Agree to $25B Deal in Local Currency
Two of the BRICS largest economies, Russia and China, have boosted their trade relationship after signing a $25…
What Happens If BRICS Asks US & Europe To Pay Local Currency For Oil?
The BRICS alliance inducted six new countries into the bloc during the 15th summit in Johannesburg in August…
BRICS: USD Reserve Status Threatened by Government Spending
Amid the ongoing BRICS de-dollarization efforts, the US dollar’s (USD) global reserve status is threatened by government spending.…
BRICS: USD Reserve Status Declining Amid Poor Performance
As the BRICS economic alliance has continued its commitment to de-dollarization, the US dollar’s (USD) reserve status has…