BRICS

BRICS Develops Dollar-Free Trading Platform to Challenge US Dominance

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 to Host First Permanent BRICS Headquarters in 2025

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 Unveils $10B BRICS Investment, Africa’s Largest Tech Hub

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 Central Banks Confirm XRP Ledger Use to Challenge Dollar

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...

Jim O’Neill’s Doubts Clash With BRICS 2026 Currency Launch Plans

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 Officially Cites XRP Ledger for Cross-Border Payment Reform

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 Officially Seeks BRICS Membership, Awaits Bloc Decision

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 Backs Malaysia’s BRICS Bid, Eyes Shift in Global Power

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...

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IBM Revenue Beats on Mainframe Recovery, Ups Cash View

IBM reported third-quarter revenue of $17.1 billion, surpassing analyst expectations of $16.83 billionThe company recovered roughly two-thirds of delayed...

Crypto PAC Defend American Jobs spends $24M in Ohio

Crypto-backed Super PAC Fairshake transferred over $24 million to its affiliate Defend American Jobs in September.Defend American Jobs spent...

Tether invests in Bolivian fintech Peso for USDT expansion

Tether led a pre-seed investment in Bolivian fintech Peso to expand USDT payment infrastructure across Latin AmericaPeso has integrated...