U.S. president Donald Trump has apparently confused Spain for a member of the BRICS bloc of developing economies, causing ...
Donald Trump, who’s never shied away from calling political opponents “dumb” and “stupid,” had a prime opportunity to display ...
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...
Brazil has formally announced Nigeria’s admission as a partner country in the BRICS alliance. The Brazilian Foreign Ministry made this known in a statement on Friday. Brazil’s announcement ...
Donald Trump has officially begun his presidency in the United States. After his inauguration, the politician signed several ...
In 2024, the BRICS economic alliance has flourished. In what was undoubtedly a year of growth, the bloc fast-tracked a host of initiatives. Those range from its de-dollarization plans to its ...
In 2024, the BRICS economic alliance has flourished. In what was undoubtedly a year of growth, the bloc fast-tracked a host of initiatives. Those range from its de-dollarization plans to its ...
BRICS, which stands for Brazil ... Indonesia and United Arab Emirates. The enlarged alliance may challenge the dollar’s dominance in oil and gas trading and become a stronger counterweight ...
Also Read: BRICS: 2 Countries Ready to Ditch SWIFT and Launch New Payment System The BRICS alliance, which kick-started the de-dollarization agenda is now reeling under pressure from the US dollar.
The BRICS alliance could end up creating an alternative to SWIFT and convince other developing countries to use it. The US dollar will be the hardest-hit currency when the development plays out.
The BRICS alliance operates on the basis of non-interference. As an anti-Western association, it stays open to mutual cooperation from countries with ‘like-minded’ political philosophy. BRICS members ...