BRICS

The BRICS group is moving forward with plans for a joint currency, targeting a 2026 launch date. Economist Jim O’Neill, who coined "BRIC," has expressed...

BRICS formally referenced the XRP Ledger as a possible solution for cross-border payments in official documentation. The technology’s escrow model is highlighted as a potential...

Laos has expressed official interest in joining the BRICS alliance. Prime Minister Sonexay Siphandone stated the country is studying the possibility of membership. The announcement came...

China has voiced full support for Malaysia’s entry into BRICS, a major international economic group.Prime Minister Anwar Ibrahim confirmed the accelerated discussions for Malaysia’s...

Brazilian President Lula da Silva will lead a BRICS virtual meeting next Monday to address U.S. tariffs and trade policy.The meeting follows the U.S....

South Africa has publicly rejected BRICS plans to create a shared currency and move away from the U.S. dollar. Officials clarified that reports about a...

Consolidation of wealth and allegations of corruption among BRICS leaders and businessmen Significant sums from BRICS nations reportedly deposited in Swiss and offshore banks Persistent economic...

BRICS countries are accelerating efforts to move away from the U.S. dollar, raising concerns for U.S. borrowing costs.J.P. Morgan warns that this de-dollarization could...