BRICS

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

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...

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...

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

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...

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...

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%...