The BRICS economic alliance, consisting of Brazil, Russia, India, China, and South Africa, has long been at odds with the…
Category: BRICS
Trump’s Tariff Threats to BRICS: A Risky Move That Could Backfire on the US Economy
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?
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
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?
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
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?
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
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
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
The BRICS alliance’s ambitious de-dollarization agenda has hit a stumbling block in 2025, with the US dollar surging to unprecedented…
