BRICS
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India, South Africa Lead BRICS Gold Reserves Growth Oct 2025
India's Gold reserves reached approximately $102.4 billion by early October 2025, mainly due to price increases rather than new purchases.
South Africa increased its combined...
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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,...
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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;...
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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...
News
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...
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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...
News
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...
News
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...
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Eric Trump Calls Bitcoin Key to Upholding Global USD Demand
Eric Trump emphasizes that the US dollar remains the preferred global currency over the euro, pound, or Asian currencies.He...
OpenAI Launches Group ChatGPT Feature With GPT-5.1 in Four Countries
OpenAI is testing group ChatGPT chats in Japan, New Zealand, South Korea, and Taiwan.The group chat feature requires the...
Ether Outperforms Bitcoin, ETH/BTC Ratio Gains Over 2% Today
Ether (ETH) shows strength against Bitcoin (BTC) amid overall market pressure.The ETH/BTC ratio is consolidating in a downward channel...
