BRICS Eyes New Payment System to Challenge US Dollar Dominance
Russia’s Foreign Minister Sergey Lavrov has confirmed that the BRICS group is working on a new payment system that will…
Category: BRICS
Saudi Arabia Eyes Petroyuan Transition – $7.1B Yuan Swap Deal Sparks Global Shift
Saudi Arabia is accelerating its push to shift from the Petrodollar to the Petroyuan, marking a significant step in the…
Brazil’s CBDC Advances – 13 New Features Unveiled In Second Phase Testing Set For 2025 Completion
Brazil, a key BRICS nation, is accelerating its plans for a Central Bank Digital Currency (CBDC), moving into the second…
Turkey’s BRICS Push – US Remains Neutral, But Will It Stay That Way?
The United States has issued a statement regarding Turkey’s recent application to join the BRICS alliance. While the US has…
Beyond the G7: BRICS Expansion Challenges Western Dominance
As Russia continues to integrate cryptocurrencies into its economy, the BRICS alliance is poised to play a pivotal role in…
Dollar Crisis Looms – BRICS Challenge Could Trigger a 20% Drop
The U.S. dollar, once a symbol of global economic stability, is facing unprecedented pressure from emerging economies. This week, the…
$300 Billion and Counting: BRICS-Russia Trade Hits New Record Amidst US Dollar Decline – Dollar’s Downfall?
The BRICS economic bloc is deepening its ties with Russia, with trade between the two reaching unprecedented heights. As the…
BRICS Bloc Leverages XRP to Decouple from US Dollar – India and UAE Pioneer Oil Trade in Local Currencies
Ripple’s XRP ledger is emerging as a key player in the global shift away from the US dollar as India…
Can BRICS Break the US Dollar’s Grip on Global Finance? – Implications for Global Economy
The United States dollar has reigned supreme as the global currency for decades, a position akin to the British Empire…
BRICS Expansion Battle – China And Russia vs. India As Malaysia Awaits
China is actively pursuing an expansion of the BRICS bloc, a geopolitical move aimed at challenging US dominance on the…