BRICS

BRICS Shun US Dollar for $214B Yuan Trade Amid Sanctions

BRICS nations Russia and Iran settled $214 billion in trade using the Chinese yuan in March.Geopolitical conflict in the Middle East is accelerating the...

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...

Latest news

ChatGPT Can Now Access Your Bank Data via Plaid

OpenAI launched a ChatGPT personal finance feature with read-only access to users' bank data via Plaid.The feature is in...

CME, ICE Seek Stricter Hyperliquid Oversight

Hyperliquid's HYPE token surged over 5% despite market-wide losses, buoyed by the launch of the Bitwise Hyperliquid ETF (BHYP)...

THORChain Exploited: $10M Loss, Trading Paused

THORChain, a cross-chain liquidity protocol, was likely exploited for an estimated $10 million in crypto assets.The trading protocol has...