Plans for a BRICS Grain Exchange are moving forward right now as Russia prepares a pilot program for 2026, and also the full launch is being targeted for 2027. Strategic…
Ace investor Warren Buffett has shifted his outlook on the US dollar over the past decade as the BRICS nations gain a strong foothold. His statements on the US dollar…
The BRICS Centre for Industrial Competencies has officially been launched at the United Nations Industrial Development Organization headquarters in Vienna. Well, let us tell you that this marks a significant…
BRICS member China’s new payment system, named Cross-Border Interbank Payments System (CIPS), is taking the financial world by storm. The CIPS payment system now supports international transactions in the Chinese…
A BRICS yuan loan agreement was signed this week between China Development Bank and the Development Bank of Southern Africa, and it marks a significant shift in how BRICS financing…
BRICS gold records have been reaching historic levels right now, and the timing is quite significant. The bloc’s combined reserves have catalyzed a transformation across various major central banking strategies,…
Chinese banks have helped clients offload overseas currencies worth $51.8 billion, the highest since 2020. BRICS member China is at the forefront of the US dollar sell-off, as optimism grows…
Russia’s Foreign Minister Sergey Lavrov has made it clear that the West can’t be trusted anymore, and he’s now looking to deepen ties with BRICS and other alternative alliances instead.…
BRICS member Ethiopia is in talks with China to convert its $5.38 billion worth of loans from the US dollar into the Chinese yuan. Ethiopia owes China $5.38 billion and…
Prime Minister Narendra Modi’s diplomatic balancing act between BRICS and Quad alliances is being tested right now at the upcoming ASEAN summit in Kuala Lumpur from October 26-28. Modi is…
