The BRICS countries are resolutely advancing towards abandoning the US dollar, opting instead for a proprietary cryptocurrency for international transactions. Anatoly Aksakov, Chairman of...
The BRICS alliance, led by Russia, declared its intention to develop an internal blockchain-based payment system. The BRICS alliance is going to implement a...
According to reports, the BRICS alliance—which consists of South Africa, Brazil, Russia, India, and China—is looking into creating a substitute currency. By doing this,...
The growing economies known as the BRICS (Brazil, Russia, India, China, and South Africa) are posing a threat to the G6 countries’ long-standing economic...
Forging forward, using their domestic currencies in transacting $40 billion worth of trade, India and Russia have made a paradigm shift that signals a shift...
In line with the BRICS de-dollarization initiatives, Egypt and India are debating giving up on the US dollar in their economic dealings.This action is...
Three BRICS members are selling US Treasury bonds for many, many billions of dollars. China’s ownership of Treasury securities fell sharply from $821.5 billion...