BRICS
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Putin: No Rush for BRICS Currency; Cites Eurozone Woes
Vladimir Putin stated that the BRICS group is not rushing to create a common currency.He referenced the Eurozone’s challenges as a caution against hastily...
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BRICS 2026 Summit: China Pushes Yuan as Emerging Market Currency
The 17th BRICS summit in Rio de Janeiro did not result in launching a new currency or mention de-dollarization.Only China and Russia remain committed...
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Indonesia Commits $1B to BRICS Bank Boosting De-Dollarization Efforts
Indonesia has committed $1 billion to the New Development Bank as a new BRICS member.The funding supports sustainable projects and reinforces global South financial...
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BRICS Members Favor US Dollar, Stall New Payment System Push
Several BRICS members continue to prefer using the US dollar for trade settlements.Russia expresses disappointment at the reluctance to adopt a new BRICS payment...
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South Africa Signs MoU with BRICS NDB to Boost Infrastructure Funding
South Africa signed a significant MoU with the BRICS New Development Bank at the G20 Leaders’ Summit in Johannesburg to boost infrastructure financing.The NDB...
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Indonesia Boosts Yuan Use to Slash US Dollar Reliance in BRICS Deal
Indonesia plans to launch foreign exchange operations using the Chinese yuan and Japanese yen.The move aims to reduce Indonesia's dependence on the U.S. dollar...
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BRICS Surpasses 6,000 Tonnes Gold, Drives De-Dollarization Era
BRICS member countries hold over 6,000 tonnes of Gold, about 20% of global central bank reserves.Russia and China control roughly 74% of BRICS gold...
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AfD Eyes Energy Ties with BRICS Amid German Backlash
Germany’s opposition party Alternative for Germany (AfD) members attended a BRICS summit in Sochi to discuss energy cooperation.AfD is advocating for stronger relations with...
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Stablecoins to Dominate Payments in Decade: Druckenmiller
Billionaire investor Stanley Druckenmiller believes global payment systems could be powered by stablecoins within the next decade due to...
Court Deals Final Blow to Crypto Bank’s Fed Access
A US federal appeals court has ended Custodia Bank's five-year legal battle, ruling the Federal Reserve has discretion over...
Ripple Fixes XRP Ledger Node Crash Bug
Ripple released a crucial bug fix in version 3.1.2 of its "rippled" server software this week.The bug, discovered by...
