BRICS members China and Indonesia have collaborated to launch a new QR code-based payment system to avoid using the US dollar for transactions. Bank Indonesia (BI) and the People’s Bank…
India BRICS global rupee initiatives are actually reshaping international trade right now as New Delhi officially abandons the idea of a single BRICS currency for bilateral agreements instead. The Reserve…
India to discuss rupee-denominated trade with BRICS member Russia in a high-level delegation meeting in Moscow next week. The talks are scheduled for August 20-21, and India seeks to bolster…
India is rethinking its ties with the US and coddling up to China after Trump imposed 50% tariffs on trade. Many countries are scrambling for an answer on how to…
A total of three European countries are actively aspiring to join the BRICS alliance in 2025. The bloc is looking lucrative to countries from Europe, Asia, Latin America, and Africa…
India US dollar BRICS relations are actually facing a major shift right now as New Delhi firmly rejects complete de-dollarization while also expanding rupee trade networks. The Indian government has…
China and Brazil are working on a bold new BRICS masterplan to help the Global South counter the US grip on trade and tariffs. The masterplan is to uplift the…
Seven Latin American nations are now signaling a clear interest in joining the powerful BRICS alliance. The move could reshape global trade and weaken the US dollar’s dominance in the…
In a landmark move to challenge the USD’s dominance, India has issued an official circular allowing BRICS nations to settle 100% of their trade in the rupee. Analysts say the…
In a landmark move, BRICS member China pushed the Chinese yuan for a loan of 14.2 billion yuan, equivalent to $1.98 billion, to Australia’s metals giant Fortescue. The deal was…