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BRICS
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Iran Says Gold-Backed BRICS Currency Will Weaken US Dollar
In a recent statement from a country official, Iran says that a gold-backed BRICS currency will weaken the…
BRICS: Iran Ditches U.S. Dollar for $10 Billion Trade With Iraq
The government of Iran is considering ditching the U.S. dollar for a $10 billion bilateral trade with Iraq.…
BRICS: South Africa Committed to Summit Despite Putin Warrant
In a recent statement from President Cyril Ramaphosa, South Africa said it is still committed to hosting a…
BRICS Returns to the Gold Standard, Puts U.S. Dollar in Danger
The gold standard as reserves was the de facto international monetary system from the 1870s to the early…
BRICS Confident in New Expansion Criteria Ahead of 2023 Summit
The BRICS emissaries are reportedly confident in the new expansion criteria that they have devised ahead of the…
BRICS: America’s Whirlpool Looks To Pay in Chinese Yuan, Not US Dollar
America’s leading home appliance firm Whirlpool is considering settling cross-border transactions in its factory in Argentina using the…
BRICS: India to Overtake US as Second-Largest Economy
According to a new prediction from Goldman Sachs, India is set to overtake the US as the second-largest…
7 Countries Most Likely To Join BRICS Alliance at August Summit
The BRICS alliance is advancing in its motive to challenge the U.S. dollar’s status as the global reserve…
BRICS Nations Buy Massive Amounts of Gold to Back the New Currency
The BRICS alliance plans to launch a new currency backed by gold, reported RT News a month ahead…
BRICS: India Saves $7 Billion by Ditching U.S. Dollar For Oil Trade
The U.S. sanctions pressed against Russia are helping India and other developing countries to purchase crude oil at…