The US renewed sanctions on Russia and tightened the loop to stop its BRICS counterparts from procuring oil. India, China, and Brazil, among other countries, were forced to buy crude…
BRICS de-dollarization efforts remain under scrutiny right now as the economist Jim O’Neill reflects on nearly 25 years since coining the term. Through several key economic transformations, the China economic…
US President Donald Trump boycotted the G20 summit, and his absence was glaring in South Africa. The boycott did not go down well with other member nations, as it was…
The South Africa NDP MoU with the BRICS New Development Bank was signed at the G20 Leaders’ Summit in Johannesburg, and it actually marks a significant step for the country’s…
Moscow’s yuan bonds mark Russia’s first-ever domestic debt issuance in Chinese currency, and officials actually scheduled the placement for December 8, 2025. The Finance Ministry plans to place up to…
Despite being the de facto top-most used currency in the world for all trade and transactions, BRICS wants to abandon the US dollar. The reasons are deeply rooted in the…
The Chinese yuan is taking a larger role in the global markets and is slowly becoming an alternative to the US dollar. The new BRICS member, Indonesia, has announced that…
The BRICS gold era has been taking shape in ways that seemed almost unthinkable just a few years back, and right now member nations have actually surpassed 6,000 tonnes in…
The global financial sector will face an abrupt rejig if the BRICS alliance announces the launch of a new currency. The global trade balance would experience a shift, and the…
BRICS global food security is actually reshaping how nations approach agricultural trade right now, and the impact is being felt across various major market segments. The alliance—which includes Brazil, Russia,…