BRICS Gold-Backed Currency to Replace US Dollar
BRICS’ gold-backed “Unit” currency aims to challenge the US dollar, but experts doubt its viability due to geopolitical and logistical…
China Backs BRICS Despite US Tariff Threats
China defended BRICS against U.S. tariff threats, emphasizing its role in global economic stability and mutual growth. Beijing warned that…
Brazil Rejects Trump’s BRICS Tariff Threat, Promotes Single Currency Vision
Brazilian officials dismissed Trump’s proposed 100% BRICS tariff threat on BRICS countries as rhetoric, citing past unfulfilled threats.…
Russia plans to launch Crypto Exchanges
A Kommersant report noted that Russia might consider creating at least two crypto exchanges to support foreign economic activity. According to…
BRICS Officially Introduces New SWIFT-Like Financial System
The BRICS nations are now looking to create a new financial system to compete with the SWIFT system, which has some similarities. The BRICS…
US Central Bank Has Been Hit by $1T in Losses, Affecting USD
The US central bank faces the effects of the de-dollarization by BRICS nations as it sees a massive $1 trillion loss. Amid the BRICS’…
Countries Turn to BRICS Currency Over US Dollar
Two more countries turn to BRICS currency instead of the US Dollar as the BRICS continue to convince developing countries to de-dolarize.…
BRICS Plans to Shift From US Dollar
The BRICS economic alliance is preparing to deploy a geopolitical game-changer by launching a decentralized banking system to abolish the US…