BRICS member Iran’s economy has been heavily sanctioned and isolated since 2010 under President Barack Obama’s administration. The Islamic Republic has been operating under severe economic distress for close to…
The Iran-Israel war is testing the limits of the US dollar, with the Strait of Hormuz being closed for more than a week. Only a handful of selected countries are…
Several ideas are being considered for the betterment of the BRICS payment system, and a new proposal includes using the digital clearing mechanism based on the local currencies of member…
The US debt prediction the Congressional Budget Office published in February 2026 is about as stark as these reports get. The nonpartisan scorekeeper projects total gross national debt will hit…
The BRICS Unit as a replacement for the US dollar debate has a new urgency to it. The US-Iran war cost sits at anywhere between $800 million and $2 billion…
The BRICS trade record between India and China reached $155 billion in 2025 — a historic high that no government forecast had publicly anticipated. The BRICS trade record in 2025…
Iran’s Foreign Minister Abbas Araghchi said on Friday that the BRICS alliance must support member countries. He called their support “essential” in maintaining regional and global stability amid the conflict…
Reports are doing the rounds that Iran specifically allowed its BRICS counterpart India to access oil from the Strait of Hormuz, a privilege only a few can now get. The…
US Treasury borrowing is set to reach $578 billion in Q1 2026, the U.S. Department of the Treasury confirmed, assuming an end-of-March cash balance of $850 billion. At the same…
Thailand is seeing potential business opportunities by being closely linked with the BRICS members. The Asian nation would benefit from trade, investment, infrastructure development, and technology cooperation by siding with…