BRICS

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...

BRICS Payment Network Enables Transactions in 185 Nations

China's Cross-Border Interbank Payments System (CIPS) supports yuan transactions in 185 countries.As of 2023, CIPS settlements reached 52 trillion yuan ($7.5 trillion), representing 58%...

BRICS Experiences Unprecedented Gold Boom with India and China Discovering Record-Breaking Mines

The BRICS nations' Gold reserves are reaching historic levels amid recent discoveries in China and India.China found a potential world-largest gold deposit in Hunan...

BRICS to Switch US Dollar Loans to Chinese Yuan

Ethiopia is negotiating with China to convert its $5.38 billion worth of loans from US dollars to the Chinese yuan.Converting to yuan could strengthen...

Modi Navigates Strategic Alliance Between BRICS and Quad

Prime Minister Narendra Modi will attend the ASEAN summit in Kuala Lumpur from October 26-28, meeting leaders from both BRICS and Quad alliances.India faces...

Trump Maintains ‘Massive’ Tariffs Until India, a BRICS Member, Stops Buying Russian Oil

Donald Trump imposed 50% tariffs on Indian goods, escalating trade tensions in 2025.India denies commitments to stop buying Russian oil despite Trump's claims.Indian exports...

BRICS Currency Introduction Date Remains Unchanged Despite US Intervention Attempt

The BRICS currency launch is set for 2026 despite new U.S. tariffs targeting the bloc.The U.S. plans a 100% tariff on Chinese goods starting...

Latest news

STRC shares stay below $100 par, August dividend holds at 12%

Strategy's STRC preferred shares closed July at $89.46, well below their $100 par value, while the August dividend was...

Can Apple Stock Double by 2030?

Apple trades near $295 as debate intensifies over whether the stock can double by 2030, a scenario requiring 15%...

Meta’s AI ‘pervert glasses’ spark privacy lawsuits and bans

Meta's AI-powered Ray-Ban smart glasses are facing a severe privacy backlash in 2026, with critics dubbing them "pervert glasses."A...