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Category: BRICS

Is the BRICS Common Currency Plan Over? Latest Statements Cast Doubt on Its Future
BRICSNews

Is the BRICS Common Currency Plan Over? Latest Statements Cast Doubt on Its Future

SAM McRayJanuary 24, 2025January 24, 2025

The BRICS economic alliance, consisting of Brazil, Russia, India, China, and South Africa, has long been at odds with the…

Trump’s Tariff Threats to BRICS: A Risky Move That Could Backfire on the US Economy
BRICSNews

Trump’s Tariff Threats to BRICS: A Risky Move That Could Backfire on the US Economy

SAM McRayJanuary 24, 2025January 24, 2025

The BRICS bloc—comprising Brazil, Russia, India, China, and South Africa—has become a focal point of US foreign policy under President…

Saudi Arabia’s BRICS Decision Still Pending: What’s at Stake for Global Alliances?
BRICSNews

Saudi Arabia’s BRICS Decision Still Pending: What’s at Stake for Global Alliances?

Francis KJanuary 22, 2025January 22, 2025

In 2023, Saudi Arabia received an invitation to join the BRICS alliance, a bloc of emerging economies that includes Brazil,…

BRICS Plans to Ditch SWIFT: Russia and Iran Collaborate on New Payment System to Challenge US Dollar Dominance
BRICSNews

BRICS Plans to Ditch SWIFT: Russia and Iran Collaborate on New Payment System to Challenge US Dollar Dominance

Francis KJanuary 21, 2025January 21, 2025

Russia and Iran are spearheading efforts to create an alternative to the SWIFT payment messaging system, signaling a move to…

BRICS De-Dollarization: Is the Overvalued US Dollar Fueling a Global Shift?
BRICSNews

BRICS De-Dollarization: Is the Overvalued US Dollar Fueling a Global Shift?

Dora LilianJanuary 18, 2025January 18, 2025

Over the past two years, the global south has spearheaded a de-dollarization movement, seeking to reduce reliance on the US…

Russia and Myanmar Strengthen De-Dollarization Efforts with Kyat-Ruble Trade Agreement
BRICSNews

Russia and Myanmar Strengthen De-Dollarization Efforts with Kyat-Ruble Trade Agreement

Sean WilliamsJanuary 16, 2025January 16, 2025

As part of its ongoing efforts to reduce the dominance of the US dollar in global trade, Russia is in…

BRICS Alliance’s Push for New Currency Faces Internal Divisions: Will It Challenge the US Dollar?
BRICSNews

BRICS Alliance’s Push for New Currency Faces Internal Divisions: Will It Challenge the US Dollar?

Francis KJanuary 15, 2025January 15, 2025

The BRICS alliance—comprising Brazil, Russia, India, China, and South Africa—has been in discussions about creating a new currency to rival…

BRICS Currency: Financial Analysts Predict Fragmentation and Failure in Challenging the US Dollar
BRICSNews

BRICS Currency: Financial Analysts Predict Fragmentation and Failure in Challenging the US Dollar

Sean WilliamsJanuary 14, 2025January 14, 2025

The BRICS alliance, comprising nine nations, is contemplating the creation of a unified currency to challenge the US dollar’s supremacy…

BRICS Sees Surge in Membership Applications As 23 Countries Vie for a Spot in 2025
BRICSNews

BRICS Sees Surge in Membership Applications As 23 Countries Vie for a Spot in 2025

KamchecheJanuary 13, 2025January 13, 2025

The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, is witnessing an unprecedented surge in interest from developing…

US Dollar Surge in 2025 Undermines BRICS’ De-Dollarization Efforts
BRICSNews

US Dollar Surge in 2025 Undermines BRICS’ De-Dollarization Efforts

Andrew ChenJanuary 11, 2025January 11, 2025

The BRICS alliance’s ambitious de-dollarization agenda has hit a stumbling block in 2025, with the US dollar surging to unprecedented…

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