Browsing Tag
BRICS
1707 posts
BRICS Settle 65% Trade in Local Currencies & Not the US Dollar
The BRICS alliance settled 65% of trade among member nations in local currencies and not the US dollar.…
BRICS Advances ‘Multicurrency System’ To Break US Dollar Dominance
BRICS member Russia is pitching a new idea of a ‘multicurrency payment system’ option to break the US…
North American Countries Start Applying For BRICS Membership
The BRICS alliance received applications for membership from countries in Asia, Africa, South America, and Eastern Europe. For…
BRICS Could Expand to 20 Nations at 2024 Summit
October is set to be a monumental month for the BRICS alliance, with the bloc possibly expanding to…
BRICS Country Rejects De-Dollarization, Embraces the US Dollar
In a new twist of events, BRICS member India has confirmed that it will not target the US…
BRICS: 12 Countries Ditch US Dollar, Pay 85% Trade in Local Currencies
After BRICS, a new alliance has kick-started the de-dollarization process and is using local currencies for trade and…
BRICS: 4 Reasons Ditching the Petrodollar Could Doom the US
In recent weeks, the BRICS alliance has discussed ways to address the prevailing importance of the petrodollar, and…
BRICS Make De-Dollarization New Member Entry Rule
With a plethora of nations looking to join the ever-growing BRICS bloc, the collective is set to implement…
Nigeria Officially Ditches US Dollar Ahead of BRICS Summit
In what is a massive development for the BRICS bloc, Nigeria has announced a plan to ditch the…
BRICS: India Makes Major Announcement On U.S. Dollar Usage
BRICS member India made a huge announcement about using the U.S. dollar for global trade and transactions. The…