A lot of chatter and banter is doing the rounds that BRICS will launch a new common currency in 2026. The common currency will then be used for trade among…
BRICS nations have accumulated over 6,000 tons of gold by 2025, and this represents about 20-21% of what central banks hold globally right now. Russia leads the way with 2,335.85…
BRICS is looking at alternatives to the IMF and the World Bank, citing the two being biased toward the West. Before diving in, let’s understand what these two organizations do.…
The New Development Bank (NDB), which is backed by BRICS countries, is set to issue India’s first rupee-denominated bond by end-March 2026. The bond will raise between $400 million and…
Palestine applied to join the BRICS alliance but received no response from the bloc yet. During a media inquiry in Beijing, the Chinese Foreign Ministry’s spokesperson Guo Jiakun was pressed…
BRICS nations are moving away from the US dollar in trade right now, and it’s happening faster than most people expected. Russian oil deals that used to rely on dollars…
The share of the BRICS GDP in purchasing power parity (PPP) has grown from 37% to 40%. The G7 countries’ share of global GDP in PPP currently stands at 29%.…
BRICS currency investment opportunities are accelerating right now as the bloc prepares for what many analysts consider a breakthrough year in 2026. With about 90% of BRICS commerce now being…
Palestine has officially applied to join the BRICS alliance, but has not received any response yet, confirms Palestinian Ambassador to Russia Abdel Hafiz Nofal to Sputnik.“We have submitted an application,…
BRICS Russia startups are being offered unprecedented access to Chinese markets and investment opportunities through Moscow’s upcoming international summit from October 1-2. The event will bring together over 600 investors,…