Browsing Tag
BRICS
1773 posts
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…
The Gloves Are Off: BRICS Is Officially Challenging the US Dollar
The curtains are off and the messaging is clear on the wall that BRICS is after the US…
Russia’s Push: Precious Metals to Lead De-Dollarization Effort
Russia has a new plan to stop using US dollars. This de-dollarization initiative was announced at the 2024…
BRICS Officially Adds 13 New Nations As Partner Countries
The BRICS alliance is officially adding 13 new nations as partner countries, according to an announcement at the…
BRICS Currency Officially Unveiled
A mock-up of the upcoming BRICS currency has finally been unveiled at the alliance’s ongoing summit in Kazan,…