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BRICS
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BRICS: Argentina to Dump the Peso for the US Dollar?
Despite its invitation to join the BRICS alliance at the 2023 annual summit, could Argentina be on its…
BRICS Expansion a Geopolitical Tactic or Economic Power Play?
With six countries becoming a crucial part of the BRICS expansion efforts, the world has observed to decipher…
3 BRICS Countries Dump $18.5 Billion in US Treasuries
BRICS members India, Brazil, and China are consistently dumping the US treasuries by offloading billions worth of government…
BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar
Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian…
BRICS: Countries View Alliance As Easiest Path to De-Dollarize
Amid the BRICS alliance’s expansion efforts, the greater trend of countries perceiving joining the alliance as the east…
BRICS: Jim O’Neill Predicts the Key to Dethroning the US Dollar
Following the BRICS expansion efforts, Jim O’Neill, the economist who coined the acronym, has predicted just what may…
BRICS: UAE Announces Robust Digital Finance Plan
Amid the growing demand for digital economic functions both within BRICS and without, the United Arab Emirates (UAE)…
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)…