BRICS

SCO, BRICS Launch New Bank to Bypass US Dollar at 2025 Summit

China has proposed a plan for a New Development Bank within the Shanghai Cooperation Organization (SCO) to provide loans in local currencies. The initiative aims...

BRICS Unveils Precious Metals Exchange to Replace Dollar System

BRICS countries launched a new precious metals exchange in Moscow to support trade using Gold, platinum, diamonds, and rare earth minerals instead of the...

Wells Fargo: US Dollar’s Reserve Status Safe Despite BRICS Push

Wells Fargo states the U.S. dollar remains secure as the global reserve currency despite de-dollarization efforts from BRICS countries. The BRICS group is encouraging the...

BRICS Races to Launch Gold-Backed Currency, Eyes 2026 Debut

BRICS nations are actively developing a Gold-backed shared currency aimed at rivaling the U.S. dollar.The currency is not yet live, but infrastructure is being...

BRICS May Announce New Common Currency at 2026 Delhi Summit

Speculation is increasing about BRICS launching a common currency in 2026.The next BRICS summit will take place in New Delhi, chaired by India, where...

BRICS Nations Accelerate Move Away From US Dollar in Global Trade

BRICS countries are reducing their use of the U.S. dollar in international trade at a rapid pace. Russian oil trades using dollars fell from about...

BRICS Surpasses G7: Now Holds 40% of Global GDP in PPP

The BRICS group’s share of global GDP by purchasing power parity (PPP) has grown to 40%, surpassing the G7’s 29% share.Russian Foreign Minister Sergey...

BRICS Russia Startups Gain Access to Chinese Investment at Summit

More than 600 investors will attend the upcoming BRICS startup summit in Moscow on October 1-2.Russian startups are gaining greater access to Chinese markets...

Latest news

Kelp DAO Hack Spurs $15 Billion DeFi Capital Flight

A recent $293 million hack on Kelp DAO highlights ongoing security vulnerabilities, particularly in cross-chain bridges that underpin the...

Candidates Banned for Betting on Own Elections

Kalshi has fined and banned three US political candidates, including a sitting state senator, for betting on their own...

Theta EdgeCloud Now Listed on GPU Discovery Platforms

Theta EdgeCloud's distributed GPU services are now listed on the aggregator site GPUFinder.dev, joining other directories to improve discoverability...