Browsing Tag
BRICS
1741 posts
BRICS To Create an Independent Payment System for Trade
BRICS member Russia confirmed that the alliance is looking to create an independent payment system for trade settlements.…
BRICS: Nearly 50 Countries Look to Its Blockchain System Over US Dollar
In what is an important development for the impending BRICS pay platform, nearly 50 nations are looking to…
BRICS: Purchasing Power of the US Dollar Could Fall From 3% to Zero
The purchasing power of the US dollar is declining every year leading to inflation in the homeland. The…
North Korea to Join BRICS Alliance in 2024?
With the BRICS bloc likely to expand, recent developments have shown that North Korea is expected to seek…
BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies
The BRICS alliance is looking to launch a new currency tied to gold along with a basket of…
BRICS to Unveil De-Dollarization Roadmap at 2024 Summit?
With the event set to arrive in a matter of weeks, speculation is swirling that the BRICS economic…
BRICS: Only 3% of US Dollar’s Original Purchasing Power Remains
The decline of the US dollar’s value is accelerating with depleting purchasing power in 2024. A dip in…
23 Countries Officially Apply To Join BRICS Alliance
23 countries have formally submitted their applications to join the BRICS alliance before the 2024 summit. The countries…
BRICS Official: Native Currency Trade Already Exceeds US Dollar
Amid the alliance’s quest to decrease reliance on the greenback, one BRICS official already confirmed that native currency…
BRICS: Russia Sells $2 Billion Worth of Oil To the West Despite Sanctions
BRICS member Russia is laundering its crude oil to the West with the help of middlemen despite the…