BRICS member Iran’s economy has been heavily sanctioned and isolated since 2010 under President Barack Obama’s administration. The Islamic Republic has been operating under severe economic distress for close to…
Reports are doing the rounds that Iran specifically allowed its BRICS counterpart India to access oil from the Strait of Hormuz, a privilege only a few can now get. The…
The People’s Bank of China’s (PBOC) Governor Pan Gongsheng announced on Tuesday that the country is pursuing the internationalization of the Chinese yuan. The BRICS member aims to simplify the…
The Israel-Iran-US conflict has put the spotlight on India as it chairs the 2026 summit in New Delhi. The heightened tensions have wreaked havoc in the global markets as stocks…
BRICS, Iran, and Israel are at the center of what is also, right now, one of the most destabilizing geopolitical events of 2026 — and it is hard to overstate…
BRICS member Russia dumped 300,000 ounces of gold in January when the precious metal hit a record high of $5,500 and made more than $1.68 billion, the latest data from…
China is stepping in where India left after signing the trade deal with the US in early February. According to traders and ship-tracking data, China has purchased record oil, with…
BRICS member Indonesia has taken an unprecedented stand, snubbing Trump’s drone deal during the high-stakes trade negotiations with the US. According to the latest report from the TOI, Indonesia refused…
BRICS member India dumped $174 billion worth of US dollar bonds in a historic push to support the falling rupee. The US Treasury bonds are down 26% from their peak…
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…