BRICS

BRICS Weighs Article 6 vs Independent Path for Carbon Markets

BRICS countries are debating between using Article 6 of the Paris Agreement or creating an independent carbon market partnership based on mutual recognition.By COP30,...

BRICS Called “Multipolarism of Fools” Over Fossil Fuel Hypocrisy

The BRICS alliance discusses environmental issues but most member countries rely heavily on fossil fuel sales.Nine out of 10 BRICS members sell fossil fuels;...

BRICS Pay Launches to Boost Trade in Local Currencies, Curb Dollar Use

BRICS Pay is a digital payment system under development by Brazil, Russia, India, China, and South Africa to enable trade in local currencies.The platform...

BRICS Pushes De-Dollarization but Faces Major Market Hurdles

A 10-member BRICS coalition is pursuing de-dollarization to reduce reliance on the U.S. dollar in global trade and finance.BRICS actions include settling trade in...

BRICS Central Banks Buy 20 Tons Gold Worth $2.54B in Sept 2025

The central banks of Brazil, Russia, and China bought nearly 20 tons of Gold in September 2025, valued at approximately $2.5 billion.Gold prices rose...

Diplomat Says BRICS Currency Does Not Appeal to All Parties

Diplomats at the BRICS+ policy conference in New Delhi agreed that a common BRICS currency is not beneficial for member countries. Montek Singh...

BRICS Launches Gold-Based Payment System to Conduct Trade Without Dollars

The BRICS Gold settlement system enables trade backed by physical gold, bypassing the US dollar.Eleven countries currently participate, with 22 more applying, supported by...

BRICS Industrial Skills Hub Signals a New Phase in Trade

The BRICS Centre for Industrial Competencies was launched at the United Nations Industrial Development Organization (UNIDO) headquarters in Vienna.The Centre aims to strengthen industrial...

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