Browsing Tag
BRICS Currency
218 posts
Bangladesh Formally Sends Application To Join the BRICS Alliance
Bangladesh has sent a formal application to join the BRICS alliance. Bangladeshi Prime Minister Sheikh Hasina put forward…
BRICS: Kenya Urges African Countries To Stop Using the U.S. Dollar for Global Trade
Kenya’s President William Ruto urged African countries to stop trading with the U.S. dollar for cross-border transactions. Ruto…
BRICS: Iraq Bans U.S. Dollar, Egypt Ditches USD, France & Pakistan Pay With Chinese Yuan
Iraq’s Interior Ministry placed a ban on U.S. dollar transactions across the country in a move to strengthen…
BRICS Currency: Could it be Pegged to the Chinese Yuan?
With the BRICS Summit on the horizon, all eyes are on the expansion of the bloc, and the…
China Intending to Dethrone the U.S. Dollar With BRICS Expansion
China remains the main force that is driving the BRICS expansion process intending to dethrone the U.S. dollar.…
Kenya To Join BRICS and Ditch the U.S. Dollar?
Kenya’s President William Ruto delivered a speech calling for African countries to ditch the U.S. dollar for international…
Can BRICS Demolish the U.S. Dollar-Based Global Monetary System?
The BRICS alliance is on a mission to dethrone the U.S. dollar as the global reserve and replace…
BRICS Currency: Economist Discusses “Unprecedented” Arrival
In a recent article discussing the BRICS currency, economist Jim Rickards discussed the “unprecedented,” arrival of the currency.…
BRICS To Elaborate a Common Framework for European Countries
BRICS sees Europe as a competitor but also a potential investor that can open up avenues for the…
BRICS to End America’s Dominance?
The United States has a long history of being the most dominant power in the world. The U.S.…