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What’s Driving the De-Dollarization Shift?
The world of economics is waking up to the realities of de-dollarization, where local currencies are increasingly seeking…
ASEAN Cross-Border Trade in Local Currencies Rise 163% to $8.45 Billion
The ASEAN alliance had formed the Local Currency Transaction (LCT) framework to settle cross-border trade in their national…
BRICS Assessing Intra-Currency Payments Against Western Dominance
The BRICS alliance is assessing the prospects of conducting intra-currency payments to counter Western clout. The payment framework…
India BRICS Summit Wants to Connect Global MSMEs Under One Global Roof
The ongoing India BRICS Summit in Hyderabad aims to bring all Micro, Small, and Medium Enterprises (MSMEs) under…
For the Price of a Car in the US, You Could Buy 5 New Chinese EVs
China is rewriting the rules on the price of a car, offering potential buyers more features for less…
Indonesia’s De-Dollarization Success: A New Blueprint for BRICS
Indonesia, the newest member of BRICS, is showing the alliance how to successfully kick-start the de-dollarization agenda and…
Indonesia to Start Buying Oil From BRICS Member Russia
The new BRICS member Indonesia is planning to start procuring oil from Russia as early as April, as…
BRICS in Trouble: Trade Turnover Between China, Iran Down 56%
The war with the US and Israel is turning expensive for BRICS members Iran and China, as trade…
BRICS De-Dollarization Drive To Officially Take Effect From April 30
BRICS members China and Indonesia launched a de-dollarization drive that will officially go live from April 30, 2026.…
2 BRICS Currencies Crash To Record Lows Against the US Dollar
The local currencies of 2 BRICS countries have crashed to a record low against the US dollar on…