BRICS

BRICS Gold Rush Continues as China’s Reserves Grow for 17 Months

China has expanded its official Gold holdings for 17 consecutive months, reaching 2,313 tons as part of a global de-dollarization trend.The BRICS+ bloc now...

India Bypasses US Dollar, Uses BRICS Currencies For Russian Oil

India is using local currencies like the rupee, yuan, dirham, and ruble to pay for Russian oil, sidelining the US dollar.This shift supports the...

Iran Pressures BRICS to Mediate in US-Israel Conflict, Strains India

Iran has urged BRICS to take an "independent role" in mediating the Iran-US-Israel conflict, directly challenging the bloc's credibility.A prolonged conflict threatens global energy...

CBO: U.S. Debt to Hit $64 Trillion by 2036 Amid BRICS Exit

The Congressional Budget Office predicts US national debt will hit $64 trillion by 2036, adding $26 trillion.Cumulative deficits will reach $24 trillion over the...

War Costs Fuel BRICS Unit Threat to Dollar Dominance

The daily cost of the US-Iran conflict, estimated between $800 million and $2 billion, is straining the US deficit and fueling bond market concerns.BRICS...

US Debt Hits $578B Quarter, BRICS Sell-Off Sparks Alarm

The U.S. Department of the Treasury projects borrowing $578 billion in Q1 2026, a massive infusion needed to support federal spending.BRICS nations are actively...

BRICS Bloc’s Credibility Crisis: A Double Game

The BRICS bloc publicly advocates for de-dollarization and a "multipolar financial order" while privately acknowledging the U.S. dollar's role in global stability.Political solidarity within...

BRICS Energy Agenda Under Pressure as Hormuz Crisis Fuels Oil Spike

The Strait of Hormuz closure has pushed global oil prices to a 19.5-month high, severely disrupting BRICS oil flows.China has ordered its largest refiner...

Latest news

Oklo’s Loss Widens as Revenue Remains Absent

Oklo's Q1 net loss deepened to $33.1 million, meeting analyst expectations according to Fiscal.ai.The pre-revenue nuclear startup announced a...

Bermuda to Move Financial Services to Stellar Network

The government of Bermuda will transition key financial services to the Stellar blockchain network to reduce high transaction fees...

Senate confirms Kevin Warsh to Federal Reserve board

The US Senate has confirmed Kevin Warsh as a Federal Reserve Governor, setting the stage for him to become...