Browsing Tag
BRICS
1747 posts
BRICS De-Dollarization: Bloomberg Predicts the Future of the US Dollar
Bloomberg’s Senior Editor Chris Anstey analyzed the future of the de-dollarization initiative kick-started by the BRICS alliance this…
BRICS: VanEck Says Alliance is Set to Increase Bitcoin Adoption
With the leading cryptocurrency nearing a return to its all-time high, it could factor into the BRICS alliance,…
BRICS: India Passes Saudi Arabia as Europe’s Top Fuel Supplier
BRICS member India has surpassed Saudi Arabia as Europe’s biggest supplier of refined fuel. The data comes from…
BRICS: U.S. Dollar Crisis Could Begin in 2025
Leading U.S. economist and gold proponent Peter Schiff has warned that the dollar crisis could begin as soon…
BRICS Propose Use of Bitcoin for International Payments at 2024 Summit
In what has the potential to be one of the biggest points of discussion at the event, the…
BRICS: 85% Trade Settled in Local Currencies, Not US Dollar
The BRICS alliance is advancing the de-dollarization agenda by using local currencies and rejecting the US dollar for…
BRICS Deny Plans to Create Cross-Border Payment System at 2024 Summit
In one of the more surprising developments of the event, the BRICS bloc denied any plans to create…
3 US Sectors To Be Affected If BRICS Ditches the Dollar For Trade
The 16th BRICS summit took place in the Kazan region of Russia this week with the participation of…
Goldman Sachs Predicts the Future of BRICS Currency
Former Goldman Sachs Chief Economist Jim O’Neill, who coined the abbreviation ‘BRICS’ in a Global Economic research paper…
Saudi Arabia Officially Declines BRICS Membership
Amid the ongoing BRICS Summit in Russia this week, Saudi Arabia has declined membership in the alliance. The…