The Prime Minister of India, Narendra Modi, has invited BRICS countries to adopt the Unified Payments Interface (UPI) systems. UPI is among the most successful payment methods, providing smoother and…
A BRICS currency remains impossible to implement despite ambitious plans, as financial experts have catalyzed various major dismissals of the bloc’s ability to challenge the US dollar’s dominance. The BRICS…
South Africa’s BRICS Ambassador Anil Sooklal stated that the 10-member alliance has never discussed de-dollarization. He blamed the Western media for manufacturing the narrative and calling it the main agenda…
BRICS India has been getting attention as a strong economic player, and JP Morgan actually sees the country as quite resilient even with all the global challenges going on right…
The New Development Bank (NDB), commonly called the BRICS bank, has approved loans for 120 projects worth nearly $40 billion. The loans were disbursed for key sectors such as clean…
Pakistan’s BRICS membership is expected to be confirmed during the bloc’s 19th annual summit in 2026, according to diplomatic sources. The South Asian nation formally applied for membership in 2023…
BRICS members Egypt and Belarus have agreed to create an electronic trading bridge to facilitate trading in local currencies. A high-level delegation from the Belarusian Universal Commodity Exchange (BUCX) visited…
JPMorgan’s yuan forecast has been revised upward, and right now, this shift is being driven by what analysts are calling accelerating BRICS de-dollarization efforts. The major investment bank has lifted…
BRICS founding member Russia says it plans to add the “international Satanism movement” to a financial blacklist, per President Vladimir Putin. The move will allow Russia to freeze and seize…
Andrey Mikhaylishin, co-founder of the BRICS Pay project, confirmed that the payment system is open to facilitating linkages with Visa and Mastercard. He elaborated that the system’s foundational principles are…