The BRICS bloc counters Trump as tensions escalate over Venezuela, with China and Russia pledging to shield the nation from U.S. threats. The move comes right now as President Trump…
While the world continues to bank on rising cryptocurrency trends, there are several countries that are still projecting skepticism over the budding crypto domain. In a new series of developments,…
The BRICS gold pact now spans 33 nations as Russia leads efforts to establish a precious metals exchange. This would enable member countries to trade gold, platinum, and rare earth…
BRICS member Russia has sold its first Chinese yuan-denominated bonds on Wednesday, reported the Financial Times. Reports suggest that Russia is selling the bonds to fund the war against Ukraine…
According to a paper from Ural Federal University, the Bank of Russia may use the Ripple network or XRP for cross-border transactions. The paper highlights that in 2018, the bank’s…
A handful of members in the BRICS alliance have openly embraced the US dollar, and Russia is disappointed with the stance. India has repeatedly distanced itself from the new payment…
India Russia trade in local currency has actually reached over 90%, and this development has catalyzed various major shifts in bilateral commerce. Russia’s First Deputy Prime Minister Denis Manturov confirmed…
Plans for a BRICS Russia shutdown are advancing right now as Moscow prepares and implements sweeping restrictions against major technology companies. Through various major policy initiatives, Russia’s tech crackdown has…
Two MPs from the Alternative for Germany (AfD) party will attend the BRICS-nation summit in Russia next week. The summit is scheduled to be held in Sochi and will be…
Russia announced its support for a new country to join the BRICS alliance. The 5-member bloc expanded in 2023 and is now a 10-member group with Indonesia being the latest…