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China Supports BRICS Member Russia With Record Oil Purchases
China is stepping in where India left after signing the trade deal with the US in early February.…
Alienating BRICS Was Wrong, Says Germany, Promises Course Correction
Germany has acknowledged that alienating BRICS members was a wrong move, and the European country has promised course…
Russia Fast-Tracks Digital Ruble To Break Dollar’s Grip on BRICS
Russia is eyeing to remove the dollar’s grip on BRICS by fast-tracking the digital ruble, and making it…
De-Dollarization Reshapes Cambodia’s Daily Transactions
De-dollarization is reshaping daily transactions in Cambodia, where the Cambodian riel and the US dollar coexist peacefully. Both…
BRICS End Game? Russia May Start Using the Dollar in New US Trade Deal
BRICS member Russia is actively considering returning to trading in the US dollars in a potential economic shift…
Russia Clarifies BRICS Currency Not on Agenda
A common BRICS currency is not on the agenda for the 2026 summit, clarifies Russia’s Deputy Foreign Minister,…
US Records Lowest Job Growth in 2025 for Non-Recession Year Since 2003
In 2025, the US recorded its lowest single-year job growth for a non-recession year since 2003, according to…
India Holds First BRICS Sherpa Meeting: Here’s What Was Discussed
India held its first BRICS Sherpa meeting in New Delhi under its 2026 chairmanship. This brought together Sherpas…
Heineken To Fire 6,000 Global Employees, Lower Its Profit Expectations
Leading Dutch multinational brewing company Heineken announced it would fire 6,000 employees from its global workforce. The company…
China’s CIPS Explained: How It Differs From SWIFT
China developed its own cross-border payment system, known as the Cross-Border Interbank Payment System (CIPS), as an alternative…