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BRICS
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US Dollar Jumps to 6-Month High Despite BRICS Attempt of Derailment
The US dollar is rising against all leading currencies and reached a six-month high on Thursday. The increase…
BRICS: India Negotiating With Over 20 Countries to Ditch US Dollar
Following last month’s BRICS expansion, India is currently negotiating with over 20 countries to abandon the US dollar.…
BRICS: It Would Cost India $1.68 Billion To Rename Itself ‘Bharat’
Speculation is rife this month after BRICS member India considered renaming the country to ‘Bharat’. The development comes…
BRICS: India, Saudi Arabia, UAE, and EU Reworking Supply Chain
As the BRICS is set to expand by six countries, India, Saudi Arabia, the United Arab Emirates (UAE),…
BRICS: India & Saudi Arabia Begin Discussions to Ditch US Dollar
BRICS members India and Saudi Arabia might soon ditch the U.S. dollar and trade in local currencies. India…
BRICS Trade With UAE Set to Easily Exceed $190 Billion
A key aspect of the bloc’s six-country expansion, BRICS trade with the United Arab Emirates (UAE) is set…
U.S. Has More Gold in Reserves Than All of BRICS Combined
The BRICS alliance had planned to back their new currency with gold to challenge the U.S. dollar’s global…
BRICS: China Targets Firms Making Bulk US Dollar Purchases
The US dollar is rising against the Chinese yuan, and the Communist country is worried about the development.…
BRICS: UAE Economic Growth Flourishes in Non-Oil Sector
On the heels of the six-country expansion of the BRICS alliance, the United Arab Emirates (UAE) has seen…
BRICS Gold-Backed Currency Will Fail, Says Analyst
With rampant discussion of a BRICS gold-backed currency, one market analyst has shared why they believe the idea…