Browsing Tag
BRICS Currency
222 posts
BRICS: U.S. Has 65% Chances of Slipping Into a Recession, India Has 0%
Bloomberg published a report this year indicating the probabilities of a recession in major economies country-wise. The report…
India Makes Huge Announcement on BRICS Currency
India is the odd one out in the BRICS group as the nation is worried that China is…
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 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 Ambition to Dethrone U.S. Dollar Remains To Be ‘Long-Term’ Goal
China and Russia are the driving force behind the BRICS alliance that aims to topple the U.S. dollar’s…
BRICS Prioritize National Currencies Over US Dollar Alternative
Yesterday, the BRICS New Development Bank announced that it had no immediate plans to develop its own currency.…
BRICS Bank Says There’s No Immediate Plans to Launch a Currency
The BRICS New Development Bank says that there are no immediate plans to launch its own currency. Moreover,…
BRICS: 130 Countries Move Towards CBDC Currency, US Dollar in Jeopardy
If the soon-to-be-released BRICS currency is considered a threat to the U.S. dollar, then the CBDC could be…
BRICS: India Might Back Out From Launching The New Currency
The BRICS alliance is looking to create a new currency to settle international trade and challenge the U.S.…
41 Countries Ready To Accept BRICS Currency a Month Before Summit
The list of countries ready to join the BRICS alliance and accept the new currency is growing. From…