BRICS

Experts and economists question the viability of a BRICS currency by 2026. Technical proposals include a digital currency platform, but key challenges remain. Plans for a...

Egypt and Belarus set up an electronic trading bridge for local currency deals. Belarusian Universal Commodity Exchange (BUCX) met with Egyptian officials in Cairo to...

JPMorgan raised its forecast for China’s yuan, citing growing efforts to use other currencies instead of the U.S. dollar among BRICS nations. The investment bank...

Donald Trump has proposed tariffs on Chinese products as high as 100%, mainly targeting China's involvement in purchasing Russian oil. The latest tariff plans focus...

BRICS is developing a new trading platform that will exclude the U.S. dollar from international transactions. Sergey Lavrov, Russian Foreign Minister, confirmed the project and...

Rio de Janeiro has confirmed plans to establish the first permanent BRICS headquarters in 2025.The city’s proposal centers on the historic Brazilian Jockey Club...

China has committed $10 billion in new investment to South Africa, focusing on ports, trade, and technology. The project aims to build the largest “BRICS...

BRICS countries have been working on using the XRP Ledger for financial infrastructure projects. Documents show that central banks in the BRICS group are testing...