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Category: BRICS

Bitcoin, Not BRICS, Poses Biggest Threat to US Dollar Dominance, Says Economist Siegel
BRICSNews

Bitcoin, Not BRICS, Poses Biggest Threat to US Dollar Dominance, Says Economist Siegel

Andrew ChenDecember 11, 2024December 11, 2024

With tensions rising between the BRICS alliance (Brazil, Russia, India, China, and South Africa) and the United States, the future…

BRICS vs. US: The Race for Bitcoin Supremacy in 2025 and What It Means for the Crypto World
BRICSNews

BRICS vs. US: The Race for Bitcoin Supremacy in 2025 and What It Means for the Crypto World

KamchecheDecember 10, 2024December 10, 2024

Bitcoin has taken the world by storm in 2024. Not only did it break the six-figure price barrier for the…

BRICS Presses Ahead with Payment System Despite Trump’s 100% Tariff Warning on De-Dollarization
BRICSNews

BRICS Presses Ahead with Payment System Despite Trump’s 100% Tariff Warning on De-Dollarization

Francis KDecember 9, 2024December 9, 2024

Despite a stern warning from President-elect Donald Trump, the BRICS economic alliance is pressing ahead with its plan to develop…

BRICS & CIS Push for De-Dollarization As Russia and Kazakhstan Settle 80% of Trade in Local Currencies
BRICSNews

BRICS & CIS Push for De-Dollarization As Russia and Kazakhstan Settle 80% of Trade in Local Currencies

Dora LilianDecember 2, 2024March 1, 2025

The dominance of the US dollar in global trade may be facing a challenge. A recent development between BRICS member…

BRICS’ Commitment to De-Dollarization Unshaken by Trump’s Return, Economist Lauren Johnston Says Local Currency Trade Will Continue
BRICSNews

BRICS’ Commitment to De-Dollarization Unshaken by Trump’s Return, Economist Lauren Johnston Says Local Currency Trade Will Continue

Andrew ChenNovember 30, 2024November 30, 2024

While the recent shift in US leadership may influence global dynamics, the BRICS nations, comprising Brazil, Russia, India, China, and…

BRICS Alliance Pushes for Local Currencies Over US Dollar in Global Trade – How De-Dollarization Will Impact Key US Sectors
BRICSNews

BRICS Alliance Pushes for Local Currencies Over US Dollar in Global Trade – How De-Dollarization Will Impact Key US Sectors

Andrew ChenNovember 28, 2024April 18, 2025

The BRICS alliance (Brazil, Russia, India, China, South Africa) is making waves in the international financial system. Their ambitious agenda?…

BRICS De-Dollarization Agenda Faces Setbacks: Why India and Other Members Are Holding Back on Russia and China’s Push
BRICSNews

BRICS De-Dollarization Agenda Faces Setbacks: Why India and Other Members Are Holding Back on Russia and China’s Push

Andrew ChenNovember 27, 2024November 27, 2024

At the recent 16th BRICS summit in Kazan, Russian President Vladimir Putin made a bold gesture, unveiling a mock-up currency…

Russia Approves 15% Crypto Tax – What It Means For BRICS’ De-Dollarization And Crypto Economy With Global Trade Implications
BRICSNews

Russia Approves 15% Crypto Tax – What It Means For BRICS’ De-Dollarization And Crypto Economy With Global Trade Implications

SAM McRayNovember 20, 2024November 20, 2024

Russia has taken a significant step towards formalizing its stance on cryptocurrencies by approving a 15% tax on both mining…

BRICS Bloc Gains Momentum as India Becomes Fastest-Growing Economy in the G20 for 2024
BRICSMarket AnalysisNews

BRICS Bloc Gains Momentum as India Becomes Fastest-Growing Economy in the G20 for 2024

Sean WilliamsNovember 20, 2024November 20, 2024

The BRICS bloc is entering an era of unprecedented economic influence, with one of its key members emerging as the…

UAE Rises As World’s Second-Largest Gold Hub Amid BRICS De-Dollarization Efforts And Record Gold Prices
BRICSNews

UAE Rises As World’s Second-Largest Gold Hub Amid BRICS De-Dollarization Efforts And Record Gold Prices

Sean WilliamsNovember 19, 2024November 19, 2024

The United Arab Emirates (UAE) is emerging as a major player in the global gold market, fueled by a surge…

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SHIB’s extended downturn mirrors past phases that preceded strong rallies. Analysts see signs of a…

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