Browsing Tag
BRICS
1582 posts
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…
BRICS: 30 Countries Confirm Participation In October Summit
The BRICS summit is now three weeks away. Several countries interested in joining the bloc have recently confirmed…
BRICS US Banks Face $500B in Losses as De-Dollarization Grows
While the BRICS alliance is strengthening its banking system, the US seems to be on a downhill. In…
BRICS: China Dumps $21B Net US Treasuries Since Beginning of 2024
BRICS member China has dumped over $21 billion in its US treasuries since the beginning of 2024. The…
BRICS: Expert Says US Dollar is Nearing The ‘End of the Line’
With the BRICS bloc increasing its opposition to Western hegemony, one expert has noted that the US dollar…
BRICS: Ripple Gets Closer to Alliance Integration Amid Key Approval
With the BRICS bloc increasing its embrace of cryptocurrency, Ripple has gotten ever closer to alliance integration with…