Browsing: BRICS News
In recent years, the concept of de-dollarization has gained momentum amongst global alliances. Following the example set by the BRICS countries, new groups are actively seeking…
Brazil, the third country, exits China’s ambitious Belt and Road Initiative, impacting global infrastructure dynamics.Launched in 2013 by Xi Jinping, the Belt and Road Initiative aimed…
BRICS countries have long aspired to diminish the US dollar’s dominance in global trade. Yet, recent summits haven’t produced a breakthrough in this mission. Now, the…
As discussions around de-dollarization intensify, the BRICS coalition seeks to challenge the prevailing economic order by sidelining the US dollar. Questions arise about whether these ambitions…
Russia has embarked on a strategic journey to reduce dependency on the US dollar. The newly launched roadmap signifies a shift towards alternative financial platforms. Spearheaded…
The BRICS alliance is increasingly positioning Bitcoin as a cornerstone of its financial strategy. With recent summits amplifying discussions on digital currencies, Bitcoin’s role appears to…
Recent forecasts suggest that the U.S. dollar might face a severe crisis starting in 2025. Experts predict a potential downfall, linked to the strategic moves of…
In a pioneering move, the BRICS economic bloc has suggested the use of Bitcoin for international trade at its 2024 Summit. This proposal marks a significant…
The BRICS countries are redefining global trade dynamics. Recent developments highlight a move towards settling 85% of trade in local currencies within the Commonwealth of Independent…
The BRICS alliance, at its 2024 Summit, has made a significant declaration denying any intention to establish a novel cross-border payment system. This decision was underscored…
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