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Category: BRICS

Saudi Arabia Eyes Petroyuan Transition – $7.1B Yuan Swap Deal Sparks Global Shift
BRICSNews

Saudi Arabia Eyes Petroyuan Transition – $7.1B Yuan Swap Deal Sparks Global Shift

Sean WilliamsSeptember 13, 2024September 13, 2024

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
BRICSNews

Brazil’s CBDC Advances – 13 New Features Unveiled In Second Phase Testing Set For 2025 Completion

Mary JaneSeptember 10, 2024September 10, 2024

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?
BRICSMarket AnalysisNews

Turkey’s BRICS Push – US Remains Neutral, But Will It Stay That Way?

Sean WilliamsSeptember 8, 2024September 8, 2024

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
BRICSMarket AnalysisNews

Beyond the G7: BRICS Expansion Challenges Western Dominance

Mary JaneAugust 28, 2024August 28, 2024

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
BRICSMarket AnalysisNews

Dollar Crisis Looms – BRICS Challenge Could Trigger a 20% Drop

Francis KAugust 28, 2024August 28, 2024

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?
BRICSMarket AnalysisNews

$300 Billion and Counting: BRICS-Russia Trade Hits New Record Amidst US Dollar Decline – Dollar’s Downfall?

Sean WilliamsAugust 18, 2024August 18, 2024

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
BRICSMarket AnalysisNews

BRICS Bloc Leverages XRP to Decouple from US Dollar – India and UAE Pioneer Oil Trade in Local Currencies

Mary JaneAugust 14, 2024August 14, 2024

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
BRICSMarket AnalysisNews

Can BRICS Break the US Dollar’s Grip on Global Finance? – Implications for Global Economy

Andrew ChenAugust 12, 2024August 12, 2024

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
BRICSNews

BRICS Expansion Battle – China And Russia vs. India As Malaysia Awaits

SAM McRayAugust 1, 2024August 1, 2024

China is actively pursuing an expansion of the BRICS bloc, a geopolitical move aimed at challenging US dominance on the…

BRICS Crypto Trade Up [X%] As Dollar Dominance Fades: Sanctions Accelerate Shift
BRICSNews

BRICS Crypto Trade Up [X%] As Dollar Dominance Fades: Sanctions Accelerate Shift

Sean WilliamsJuly 31, 2024July 31, 2024

The BRICS bloc’s push to diminish the US dollar’s dominance in global trade is accelerating, with a growing reliance on…

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$8M Solana Whale Bet Sparks Breakout Hopes as Bitcoin Stalls

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Monero is outperforming other privacy coins after recent sector turmoil. Key resistance levels are turning…

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